Inside the research

Norfolk Southern Corporation

NSC Research profile · latest available data

Price overview

$313.00

▼ -0.17 (-0.1%)

52w hi$352.98
52w lo$274.69
Vol616.80K
As of25 Sep 2026

The Verdict

Hold

Our score +0.04

Short+0.17
Medium-0.01
Long-0.16

computed 2026-09-27

Key fundamentals

Norfolk Southern Corporation

Industrials · Railroads

Market cap$70.30B
Enterprise value$86.38B
Trailing P/E26.87x
Forward P/E21.87x
EV / EBITDA15.25x
P / S (ttm)5.61x
Profit margin21.0%
Return on equity17.0%
Revenue growth+11.4%
Earnings growth-4.4%
Debt / equity105.52

Layer Breakdown

LayerRawContribution
Fundamental+0.16
Sector-0.01
Technical+0.08
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.norfolksouthern.com

Risk Metrics

Beta vs SPX0.66
Corr SPX0.44
Annual vol23.7%
Annual ret+14.4%
Sharpe0.61
Max DD-25.5%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$335.00
High / Low$378.00 / $297.00
Median$330.00
Analysts18
Strong Buy1
Buy4
Hold16
Sell0
Strong Sell0

Recent rating actions

2026-04-28Baird→ Neutral
2026-04-27TD Cowen→ Buy
2026-04-27RBC Capital→ Sector Perform
2026-04-27Evercore ISI Group→ In-Line
2026-04-27BMO Capital→ Market Perform
2026-04-27Barclays→ Overweight

Officers & Board

CEOAlan H. Shaw since 2013
CEOJames A. Squires 2015–2022
CEOCharles Moorman 2004–2015
CEODavid R. Goode 1992–2005
CEOArnold B. McKinnon 1987–1992
CEORobert B. Claytor 1982–1987

Material Events

DateEvent8-K
2026-07-23Earnings Release, Reg FD Disclosure…read
2026-06-01Officer / Director Change, Reg FD Disclosure…read
2026-05-08Shareholder Voteread
2026-04-24Earnings Release, Reg FD Disclosure…read
2026-04-02Material Agreement, Exhibitsread
2026-01-29Earnings Release, Reg FD Disclosure…read
2025-12-19Reg FD Disclosure, Exhibitsread
2025-11-17Shareholder Vote, Other Material Event…read
2025-11-06Other Material Eventread
2025-10-23Earnings Release, Reg FD Disclosure…read
2025-09-29Officer / Director Change, Exhibitsread
2025-07-29Other Material Event, Exhibitsread

Dividends

Yield (TTM)1.29%
$ / share (TTM)$4.05
5y CAGR+7.5%

Annual dividend per share

2021$4.16
2022$4.96
2023$5.40
2024$5.40
2025$5.40
2026$2.70

Federal Contracts

AmountAgencyDescription
$17.74MDepartment of DefenseSELA 26 RAILWAY WORK IGF::OT::IGF
$21.88KDepartment of DefenseRAILROAD CROSSING MAINTENANCE SERVICE FY23
$12.78KDepartment of TransportationAGREEMENT TO EXECUTE REQUIRED RAILROAD AGREEMENT WITH NORFOLK SOUTHERN FOR PROJE
$4.71KDepartment of TransportationIGF::OT::IGF OCMU 10(2) - PARK ROAD&PARKING AREA REHABILITATION CONSTRUCTION ENG

SEC Filings

DateFormDoc
2026-07-294view
2026-07-238-Kview
2026-07-2310-Qview
2026-07-014view
2026-07-014view
2026-06-2511-Kview
2026-06-2511-Kview
2026-06-093view
2026-06-018-Kview
2026-05-224view
2026-05-224view
2026-05-224view
2026-05-224view
2026-05-224view
2026-05-224view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$12.16B+2.7%
Operating income$4.07B+1.8%
Net income$1.83B+22.1%
Cash from ops$3.18B+4.2%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$312.57$314.35$311.20$313.00616.80K
Sep 24$314.75$316.84$313.02$313.17812.50K
Sep 23$313.00$317.31$313.00$315.01702.30K
Sep 22$311.14$314.89$309.40$314.00945.30K
Sep 21$314.16$317.18$308.44$309.071.74M

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