Norfolk Southern (NSC)

On 12 Nov 2026 Norfolk Southern closed at $333.24, +17.4% this year; market cap $75.05bn, P/E 28.0.

About

Industrials · Rail Transportation · NYSE · United States

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.

Key figures

Market cap$75.05bn
P/E (trailing)28.0
EPS (TTM)$11.92
Beta1.18
Dividend$5.40
Dividend yield1.62%
Ex-dividend date6 Nov 2026
Latest report22 Oct 2026
Next earnings20 Jan 2027

Performance

YTD+17.4%
1Y+18.3%
3Y+21.2%
5Y+6.1%

Financials

YearRevenueNet incomeFree cash flow
2025$12.18bn$2.87bn$2.16bn
2024$12.12bn$2.62bn$1.67bn
2023$12.16bn$1.83bn$830.00m
2022$12.74bn$3.27bn$2.27bn
2021$11.14bn$3.00bn$2.79bn

Valuation

We publish no single base value for Norfolk Southern. Our valuation methods put it between $126.75 and $195.98 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method

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Data as of 12 Nov 2026. Not investment advice.