BNI's Debt/Equity ratio was 0.73 at June 30, vs. NSC and CSX at 0.69, and UNP at only 0.49 Debt/Equity. UNP is undisputably WAY below its peers in debt leveraging. Your "short" argument needs to rely on other factors.
lovindaoutdoors Super already pointed out to you that UP has the best debt ratio of any of the big railroads. Your statement that management is stale is also wrong. They have a new CEO that used to be the chief finanacial officer. He is very bright and is able to articulate very well what the railroad is doing. I have seen many changes at the railroad over the last year that have been implemented to move traffic more efficiently. The one thing that you did say that was true is that the railroad is capital intensive.