Norfolk Southern Corporation (NSC)
NYSE: NSC · Real-Time Price · USD
338.84
-4.51 (-1.31%)
At close: Jul 28, 2026, 4:00 PM EDT
337.68
-1.16 (-0.34%)
After-hours: Jul 28, 2026, 7:44 PM EDT
Norfolk Southern Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 76,106 | 70,660 | 64,458 | 64,795 | 67,408 | 57,495 | 53,396 | 53,118 | 56,221 | 48,541 | 57,579 | 53,347 | 44,533 | 51,478 | 48,260 | 56,203 | 48,537 | 53,384 | 67,977 | 71,499 | |
Market Cap Growth (YoY) | 19.55% | 22.90% | 20.72% | 21.98% | 19.90% | 18.45% | -7.26% | -0.43% | 26.25% | -5.71% | 19.31% | -5.08% | -8.25% | -3.57% | -29.01% | -21.39% | -16.63% | -18.56% | 1.17% | 19.36% |
Enterprise Value | 92,187 | 86,207 | 80,218 | 80,352 | 83,073 | 73,559 | 69,605 | 68,683 | 72,445 | 65,474 | 74,510 | 68,958 | 59,611 | 66,051 | 62,696 | 70,929 | 62,391 | 67,179 | 81,250 | 84,500 |
Last Close Price | 338.84 | 314.59 | 287.00 | 288.72 | 300.41 | 255.97 | 236.85 | 234.70 | 248.50 | 214.69 | 254.87 | 236.38 | 196.93 | 226.76 | 212.00 | 246.42 | 209.65 | 227.29 | 285.22 | 297.71 |
Price Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 28.92 | 26.84 | 24.18 | 22.64 | 22.91 | 17.30 | 16.18 | 20.29 | 23.33 | 27.18 | 41.04 | 29.47 | 21.59 | 20.39 | 16.30 | 17.75 | 15.42 | 18.10 | 23.02 | 24.58 |
Forward PE | 24.75 | 25.04 | 23.69 | 22.95 | 22.77 | 19.53 | 18.25 | 17.97 | 19.47 | 17.37 | 21.22 | 19.00 | 15.68 | 16.99 | 15.49 | 17.49 | 14.63 | 15.82 | 20.61 | 22.29 |
PEG Ratio | 3.55 | 3.17 | 3.65 | 3.36 | 2.37 | 1.85 | 1.20 | 1.97 | 1.52 | 1.84 | 2.69 | 7.48 | 3.90 | 4.24 | 2.15 | 1.99 | 1.65 | 1.59 | 1.35 | 1.23 |
PS Ratio | 6.07 | 5.63 | 5.29 | 5.32 | 5.51 | 4.72 | 4.41 | 4.38 | 4.62 | 4.01 | 4.79 | 4.39 | 3.61 | 4.06 | 3.72 | 4.41 | 3.93 | 4.50 | 5.95 | 6.42 |
PB Ratio | 4.68 | 4.35 | 4.08 | 4.17 | 4.45 | 3.89 | 3.68 | 3.71 | 4.08 | 3.74 | 4.59 | 4.17 | 3.53 | 4.07 | 3.79 | 4.41 | 3.73 | 4.06 | 5.05 | 5.24 |
P/TBV Ratio | 4.69 | 4.36 | 4.09 | 4.18 | 4.46 | 3.90 | 3.70 | 3.72 | 4.08 | 3.75 | 4.60 | 4.18 | 3.54 | 4.09 | 3.80 | 4.47 | 3.77 | 4.10 | 5.09 | 5.31 |
P/FCF Ratio | 46.66 | 43.32 | 39.84 | 30.04 | 32.11 | 28.41 | 28.25 | 31.79 | 30.49 | 29.45 | 43.19 | 62.61 | 23.03 | 24.84 | 19.99 | 24.72 | 20.04 | 20.77 | 24.32 | 25.67 |
P/OCF Ratio | 20.39 | 18.93 | 17.17 | 14.86 | 15.86 | 13.68 | 12.83 | 13.11 | 13.97 | 13.05 | 17.15 | 16.78 | 11.80 | 13.35 | 10.97 | 13.31 | 11.38 | 12.39 | 16.29 | 16.80 |
EV Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 7.35 | 6.87 | 6.58 | 6.60 | 6.79 | 6.04 | 5.75 | 5.67 | 5.95 | 5.41 | 6.19 | 5.67 | 4.84 | 5.20 | 4.84 | 5.57 | 5.05 | 5.66 | 7.12 | 7.58 |
EV/EBITDA Ratio | 16.92 | 15.83 | 14.62 | 13.98 | 14.00 | 11.46 | 10.93 | 12.66 | 14.26 | 15.51 | 20.40 | 16.62 | 13.28 | 13.24 | 11.05 | 11.76 | 10.45 | 11.54 | 14.26 | 15.01 |
EV/EBIT Ratio | 22.84 | 21.36 | 19.63 | 18.45 | 18.26 | 14.57 | 13.91 | 16.87 | 19.33 | 22.52 | 31.67 | 24.19 | 18.49 | 17.66 | 14.14 | 14.75 | 13.12 | 14.54 | 17.99 | 19.00 |
EV/FCF Ratio | 56.52 | 52.86 | 49.58 | 37.25 | 39.58 | 36.34 | 36.83 | 41.10 | 39.29 | 39.73 | 55.90 | 80.94 | 30.82 | 31.88 | 25.97 | 31.19 | 25.76 | 26.14 | 29.07 | 30.34 |
Financial Efficiency
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.98 | 0.98 | 1.04 | 1.06 | 1.09 | 1.11 | 1.15 | 1.16 | 1.21 | 1.34 | 1.40 | 1.34 | 1.28 | 1.16 | 1.15 | 1.14 | 1.11 | 1.10 | 1.02 | 0.97 |
Debt / EBITDA Ratio | 3.05 | 11.21 | 13.92 | 13.25 | 11.81 | 11.42 | 11.54 | 11.68 | 8.89 | 12.00 | 31.97 | 15.22 | 15.40 | 16.87 | 14.52 | 10.23 | 9.57 | 9.50 | 10.70 | 9.73 |
Debt / FCF Ratio | 10.19 | 27.02 | - | 51.16 | 23.73 | 28.85 | 34.36 | 62.34 | 26.67 | 37.59 | 62.35 | 38.26 | 36.94 | 98.88 | 20.12 | 25.86 | 25.67 | 30.41 | 24.54 | 18.83 |
Net Debt / Equity Ratio | 0.96 | 0.96 | 1.00 | 1.00 | 1.03 | 1.09 | 1.12 | 1.09 | 1.18 | 1.31 | 1.35 | 1.22 | 1.20 | 1.15 | 1.13 | 1.16 | 1.06 | 1.05 | 0.99 | 0.95 |
Net Debt / EBITDA Ratio | 2.85 | 10.49 | 12.82 | 12.06 | 10.83 | 10.56 | 10.86 | 10.57 | 8.38 | 11.55 | 30.78 | 13.83 | 14.00 | 16.25 | 13.99 | 9.92 | 8.80 | 8.71 | 9.57 | 9.14 |
Net Debt / FCF Ratio | 9.53 | 25.28 | -414.74 | 46.58 | 21.76 | 26.68 | 32.35 | 56.40 | 25.15 | 36.18 | 60.04 | 34.77 | 33.58 | 95.25 | 19.38 | 25.09 | 23.60 | 27.87 | 21.94 | 17.69 |
Asset Turnover | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.09 | 0.08 | 0.08 | 0.07 |
Inventory Turnover | 23.04 | 5.97 | 5.84 | 5.95 | 5.61 | 5.24 | 6.21 | 5.79 | 4.11 | 5.68 | 6.63 | 6.91 | 5.96 | 5.94 | 6.51 | 7.42 | 6.91 | 6.26 | 6.05 | 6.49 |
Quick Ratio | 0.67 | 0.67 | 0.74 | 0.67 | 0.72 | 0.66 | 0.65 | 0.76 | 0.62 | 0.50 | 0.54 | 1.03 | 0.93 | 0.55 | 0.61 | 0.61 | 0.85 | 0.95 | 0.84 | 0.72 |
Current Ratio | 0.83 | 0.83 | 0.91 | 0.85 | 0.86 | 0.79 | 0.78 | 0.90 | 0.73 | 0.63 | 0.68 | 1.24 | 1.08 | 0.68 | 0.75 | 0.76 | 0.97 | 1.10 | 0.96 | 0.86 |
Return on Equity (ROE) | 4.73% | 4.73% | 3.61% | 4.31% | 4.92% | 5.53% | 5.55% | 5.41% | 8.33% | 5.75% | 0.42% | 4.13% | 3.73% | 2.76% | 3.56% | 5.99% | 7.12% | 5.96% | 5.00% | 5.35% |
Return on Assets (ROA) | 1.93% | 1.93% | 1.51% | 1.77% | 1.92% | 2.09% | 2.05% | 2.09% | 2.93% | 2.16% | 0.93% | 1.62% | 1.47% | 1.13% | 1.43% | 2.32% | 2.86% | 2.45% | 2.16% | 2.28% |
Return on Invested Capital (ROIC) | 2.71% | 2.71% | 2.14% | 2.55% | 2.74% | 2.94% | 2.90% | 2.98% | 4.10% | 2.97% | 1.30% | 2.33% | 2.14% | 1.63% | 2.05% | 3.31% | 4.14% | 3.57% | 3.13% | 3.29% |
Return on Capital Employed (ROCE) | 2.73% | 2.73% | 2.14% | 2.30% | 2.72% | 2.96% | 2.90% | 2.86% | 4.12% | 3.01% | 0.57% | 2.15% | 2.03% | 1.58% | 1.96% | 3.27% | 3.50% | 3.50% | 3.02% | 3.15% |
Yields
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 3.46% | 3.73% | 4.14% | 4.42% | 4.36% | 5.78% | 6.18% | 4.93% | 4.29% | 3.68% | 2.44% | 3.39% | 4.63% | 4.90% | 6.14% | 5.63% | 6.49% | 5.53% | 4.34% | 4.07% |
FCF Yield | 2.14% | 2.31% | 2.51% | 3.33% | 3.11% | 3.52% | 3.54% | 3.15% | 3.28% | 3.40% | 2.32% | 1.60% | 4.34% | 4.03% | 5.00% | 4.05% | 4.99% | 4.81% | 4.11% | 3.90% |
Dividend Yield | 1.59% | 0.43% | 0.47% | 0.47% | 0.45% | 0.53% | 0.57% | 0.58% | 0.54% | 0.63% | 0.53% | 0.57% | 0.69% | 0.60% | 0.64% | 0.52% | 0.60% | 0.52% | 0.44% | 0.34% |
Payout Ratio | 46.09% | 41.28% | 55.39% | 47.05% | 42.62% | 39.45% | 40.80% | 41.75% | 27.75% | 41.38% | 575.47% | 58.35% | 64.33% | 86.52% | 65.88% | 37.41% | 30.85% | 34.07% | 42.25% | 32.63% |
Buyback Yield / Dilution | 0.55% | 0.09% | 0.66% | 0.84% | 0.79% | 0.53% | -0.13% | -0.18% | 0.22% | 0.70% | 0.92% | 1.91% | 2.99% | 4.00% | 4.95% | 5.26% | 5.03% | 5.00% | 4.91% | 4.40% |
Total Shareholder Return | 2.15% | 0.52% | 1.13% | 1.30% | 1.24% | 1.06% | 0.44% | 0.40% | 0.76% | 1.33% | 1.45% | 2.48% | 3.68% | 4.60% | 5.59% | 5.78% | 5.64% | 5.52% | 5.34% | 4.74% |