• Union Pacific average price to free cash flow ratio for 2024 was 28.22, a 10.71% decline from 2023.
• Union Pacific average price to free cash flow ratio for 2023 was 25.49, a 10.3% increase from 2022.
• Union Pacific average price to free cash flow ratio for 2022 was 23.11, a 2.62% increase from 2021.

Price to free cash flow ratio can be defined as