FIP vs UNP
Ftai Infrastructure Inc. and Union Pacific Corp., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | FIP | UNP |
|---|---|---|
| Revenue | $502.5M | $24.5B |
| Net income | $-152.1M | $7.1B |
| Gross margin | · | · |
| Net margin | −30.3% | 29.1% |
| Return on equity | · | 40.4% |
| Diluted EPS | −$2.26 | $11.98 |
| Dividend / share | · | $5.44 |
| Payout ratio | · | 45.3% |
| Free cash flow | $-398.5M | $5.5B |
| Equity | $21.3M | $18.5B |
| Net debt / equity | 174.30× | 1.65× |
| Current ratio | 1.18× | 0.91× |
| Revenue CAGR 5y | 48.9% | 4.6% |
| Profit CAGR 5y | · | 5.9% |
UNP bills 48.8× the revenue of FIP, and FIP closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | FIP | UNP |
|---|---|---|
| FY2025 | $502.5M | $24.5B |
| FY2024 | $331.5M | $24.2B |
| FY2023 | $320.5M | $24.1B |
| FY2022 | $262.0M | $24.9B |
| FY2021 | $120.2M | $21.8B |
| FY2020 | $68.6M | $19.5B |
Bottom line
| Fiscal year | FIP | UNP |
|---|---|---|
| FY2025 | $-152.1M | $7.1B |
| FY2024 | $-266.1M | $6.7B |
| FY2023 | $-159.8M | $6.4B |
| FY2022 | $-187.5M | $7.0B |
| FY2021 | $-106.3M | $6.5B |
| FY2020 | $-71.7M | $5.3B |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$24,007,480,000 | UNP |
| FY2024 | −$23,918,503,000 | UNP |
| FY2023 | −$23,798,528,000 | UNP |
| FY2022 | −$24,613,034,000 | UNP |
| FY2021 | −$21,683,781,000 | UNP |
| FY2020 | −$19,464,438,000 | UNP |
UNP has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −59.4 pp | UNP |
| FY2024 | −108.1 pp | UNP |
| FY2023 | −76.3 pp | UNP |
| FY2022 | −99.7 pp | UNP |
| FY2021 | −118.4 pp | UNP |
| FY2020 | −132.0 pp | UNP |
UNP has kept the higher net margin in every one of these 6 fiscal years.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FIP's net margin has been more volatile than UNP's over the 6 comparable fiscal years — 24.6 percentage points of standard deviation against 1.1.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
UNP led in net margin in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UNP's return on equity has been more volatile than FIP's over the 3 comparable fiscal years — 9.3 percentage points of standard deviation against 5.1.
3 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
UNP led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 19 comparable fiscal years — a year missing data on either side is not counted.