Companies / Industrials / NSC Norfolk Southern Corp (NSC)
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals, including sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and operates an intermodal network. Norfolk Southern Corporation was incorporated in 1980 and is headquartered in Atlanta, Georgia.
Symbol NSC Exchange NYSE Sector Industrials Industry Railroads Market cap $71.30B 52 week range 277.8 - 358.6 Valuation Share price $317.44 (close of 2026-10-02) P/E (TTM) 27.06x Price to book 4.39x Price to free cash flow 43.72x Enterprise value $86.85B Book value per share $72.36 Price performance Period Change 1 day +2.31% 5 days +1.42% 1 month -3.82% 3 months -1.63% 6 months +10.22% Year to date +9.95% 1 year +6.42% 3 years +65.77% 5 years +30.34% 10 years +227.06% All time +6568.91%
Members of Congress who disclosed NSC trades Julie Johnson · Marjorie Taylor Greene · Jefferson Shreve · Alan Armstrong · Josh Gottheimer · Robert Bresnahan · Sheri Biggs · Val Hoyle
Super investors holding NSC Dodge & Cox (Dodge & Cox Funds) · Ken Griffin (Citadel) · Dan Loeb (Third Point LLC) · Mairs & Power (Mairs & Power Inc)
Profitability and growth Return on equity 18.48% Return on invested capital 11.38% Return on assets 6.35% Return on capital employed 10.51% Gross margin 35.76% Net margin 23.59% EBITDA margin 47.20% Revenue growth 0.47% Net income growth 9.57% Free cash flow growth 29.08% Cash flow and balance sheet Free cash flow yield (TTM) 2.29% Current ratio 0.83x Net debt to EBITDA 2.80x Latest reported year Period end 2025-12-31 Fiscal year 2025 Revenue $12.18B Cost of revenue $7.82B Gross profit $4.36B EBITDA $5.75B Net income $2.87B Earnings per share $12.76 Shares outstanding 225.00M Income statement by year Period end Revenue Gross profit Net income EPS 2025-12-31 $12.18B $4.36B $2.87B $12.76 2024-12-31 $12.12B $4.07B $2.62B $11.58 2023-12-31 $12.16B $2.85B $1.83B $8.04 2022-12-31 $12.74B $4.81B $3.27B $13.92 2021-12-31 $11.14B $4.45B $3.00B $12.16 2020-12-31 $9.79B $3.00B $2.01B $7.88 2019-12-31 $11.30B $3.99B $2.72B $10.32 2018-12-31 $11.46B $3.96B $2.67B $9.58 2017-12-31 $10.55B $3.52B $5.40B $18.76 2016-12-31 $9.89B $3.01B $1.67B $5.66
Margins and returns by year Period end Gross margin Net margin Return on equity Return on capital 2025-12-31 35.76% 23.59% 18.48% 11.38% 2024-12-31 33.58% 21.63% 18.33% 11.16% 2023-12-31 23.45% 15.03% 14.29% 8.19% 2022-12-31 37.73% 25.66% 25.68% 14.17% 2021-12-31 39.91% 26.97% 22.03% 25.92% 2020-12-31 30.67% 20.56% 13.61% 17.58% 2019-12-31 35.31% 24.10% 17.93% 21.25% 2018-12-31 34.55% 23.27% 17.35% 21.03% 2017-12-31 33.38% 51.22% 33.03% 13.81% 2016-12-31 30.43% 16.87% 13.44% 9.67%
Cash and debt by year Period end Cash Debt 2025-12-31 $1.53B - 2024-12-31 $1.64B - 2023-12-31 $1.57B - 2022-12-31 $456.00M - 2021-12-31 $839.00M - 2020-12-31 $1.11B - 2019-12-31 $580.00M - 2018-12-31 $358.00M - 2017-12-31 $690.00M $9.74B 2016-12-31 $956.00M $10.11B
Free cash flow by year Period end Free cash flow Stock-based compensation 2025-12-31 $2.16B $63.00M 2024-12-31 $1.67B $40.00M 2023-12-31 $852.00M $40.00M 2022-12-31 $2.27B $53.00M 2021-12-31 $2.79B $54.00M 2020-12-31 $2.14B $28.00M 2019-12-31 $1.87B $53.00M 2018-12-31 $1.77B $47.00M 2017-12-31 $1.53B $45.00M 2016-12-31 $1.15B $42.00M
Dividend history Most recent payment 2026-08-07 Paid in the last twelve months $5.40 Payment date Dividend per share 2026-08-07 $1.35 2026-05-08 $1.35 2026-02-06 $1.35 2025-11-07 $1.35 2025-08-01 $1.35 2025-05-02 $1.35 2025-02-07 $1.35 2024-11-01 $1.35
Investor relations Next earnings report Next confirmed report 2026-10-22 Consensus EPS estimate $3.56 Past earnings dates Reported Fiscal period EPS estimate 2026-07-23 Jun/2026 $3.23 2026-04-24 Mar/2026 $2.51 2026-01-29 Dec/2025 $2.78 2025-10-23 Sep/2025 $3.18 2025-07-29 Jun/2025 $3.27 2025-04-23 Mar/2025 $2.72 2025-01-29 Dec/2024 $2.95 2024-10-22 Sep/2024 $3.10
Filings and sources Company website norfolksouthern.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports Similar companies Westinghouse Air Brake Technologies Corp (WAB) · CSX Corp (CSX) · Canadian National Railway Co (CNI) · Union Pacific Corp (UNP) · Canadian Pacific Kansas City Ltd (CP) · Veralto Corp (VLTO) · United Rentals, Inc. (URI) · Carpenter Technology Corp (CRS)
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