Norfolk Southern Corp (NSC) stock
Close on Nov 12, 2026Market cap $74.85BP/E 28.0Yield 1.62%
Norfolk Southern Corp grew revenue 6.0% to $12.96B over the twelve months to Sep 30, 2026. Operating income fell 10.2% to $4.09B, moving the operating margin from 37.2% to 31.5%. Free cash flow was $1.65B, down 21.5% from a year earlier. At the latest close the market valued the company at $74.85B, 28.0 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $74.85B
- P/E ratio
- 28.0
- Price to sales
- 5.77
- Price to book
- 4.47
- Dividend yield
- 1.62%
- Free cash flow yield
- 2.20%
Fundamentals
- Revenue
- $12.96B
- Net income
- $2.68B
- EPS, diluted
- $11.92
- Free cash flow
- $1.65B
- Book value per share
- $74.29
- Diluted shares
- 225M
Trading
- Next earnings
- Jan 28, 2027 (estimated, before the open)
- Previous close
- $330.59
- Open
- $333.63
- Day's range
- $331.49 – $335.57
- Volume
- 592,954
- Average volume (20 days)
- 1,066,828
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 0.77
- 52-week range
- $277.80 – $358.60
- RSI (14 days)
- 52.8
- Volatility (1 year)
- 21.8%
- Relative volume
- 0.55×
- WACC
- 7.9%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | NSC | S&P 500 | Difference | NSC per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +4.3% | -2.7% | +7.0 pts | ||
| 3 months | -0.6% | -1.7% | +1.1 pts | ||
| Year to date | +16.9% | +11.9% | +5.0 pts | ||
| 1 year | +17.8% | +12.0% | +5.8 pts | ||
| 3 years | +79.1% | +78.2% | +0.9 pts | +21.4% | +21.2% |
| 5 years | +33.8% | +73.2% | −39.5 pts | +6.0% | +11.6% |
| 10 years | +301.4% | +309.6% | −8.2 pts | +14.9% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Norfolk Southern filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Update
- Results
About Norfolk Southern
Railroads, Line-Haul Operating
Norfolk Southern Corporation operates a major freight railroad network through its rail subsidiary, Norfolk Southern Railway Company. The company provides rail transport services for raw materials, intermediate items, and finished goods across three core business segments: merchandise, intermodal, and coal. Its merchandise operations move agriculture, consumer goods, forest products, chemicals, metals, construction supplies, and automotive vehicles. Its intermodal segment transports freight containers and trailers, while its coal operations support utility, industrial, and metallurgical markets. Norfolk Southern serves diverse customers, including manufacturing plants, electric generating facilities, mining operations, distribution centers, intermodal marketing firms, ocean shipping carriers, and the military.
Company profile, executives and historyNorfolk Southern stock: common questions
What is Norfolk Southern's stock price?
NSC closed at $333.24 on Nov 12, 2026, up 0.80% on the day. Over the past 52 weeks it traded between $277.80 and $358.60.
What is Norfolk Southern's market cap?
Norfolk Southern was worth $74.85B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is NSC's P/E ratio?
NSC trades at 28.0 times earnings, based on diluted earnings per share of $11.92 over the twelve months to Sep 30, 2026.
How much revenue does Norfolk Southern make?
Norfolk Southern reported revenue of $12.96B for the twelve months to Sep 30, 2026, up 6.0% from a year earlier.
Does Norfolk Southern pay a dividend?
Yes. Norfolk Southern paid $5.40 per share over the last twelve months, a yield of 1.62% at the latest price.
When does Norfolk Southern report earnings next?
Norfolk Southern is expected to report Q4 FY2026 results on Jan 28, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has NSC stock performed over the past year?
Including dividends, NSC returned +17.8% over the past year, against +12.0% for the S&P 500.
How many NSC shares are sold short?
6M shares were sold short at the latest FINRA report, 2.63% of the float, or 6.4 days of average trading volume.
Who are Norfolk Southern's competitors?
Companies most similar to Norfolk Southern by business, industry and size include CSX, UNP, CNI, CP, FIP.
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