• Union Pacific average price to free cash flow ratio for 2024 was 26.86, a 6.59% decline from 2023.
• Union Pacific average price to free cash flow ratio for 2023 was 25.2, a 10.33% increase from 2022.
• Union Pacific average price to free cash flow ratio for 2022 was 22.84, a 2.61% increase from 2021.

Price to free cash flow ratio can be defined as