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 |
| Vol | 616.80K |
| As of | 25 Sep 2026 |
The Verdict
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/E | 26.87x |
| Forward P/E | 21.87x |
| EV / EBITDA | 15.25x |
| P / S (ttm) | 5.61x |
| Profit margin | 21.0% |
| Return on equity | 17.0% |
| Revenue growth | +11.4% |
| Earnings growth | -4.4% |
| Debt / equity | 105.52 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 0.66 |
|---|---|
| Corr SPX | 0.44 |
| Annual vol | 23.7% |
| Annual ret | +14.4% |
| Sharpe | 0.61 |
| 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 |
| Analysts | 18 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 4 | |
| Hold | 16 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-28 | Baird | → Neutral |
| 2026-04-27 | TD Cowen | → Buy |
| 2026-04-27 | RBC Capital | → Sector Perform |
| 2026-04-27 | Evercore ISI Group | → In-Line |
| 2026-04-27 | BMO Capital | → Market Perform |
| 2026-04-27 | Barclays | → Overweight |
Officers & Board
| CEO | Alan H. Shaw since 2013 |
|---|---|
| CEO | James A. Squires 2015–2022 |
| CEO | Charles Moorman 2004–2015 |
| CEO | David R. Goode 1992–2005 |
| CEO | Arnold B. McKinnon 1987–1992 |
| CEO | Robert B. Claytor 1982–1987 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-23 | Earnings Release, Reg FD Disclosure… | read |
| 2026-06-01 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-05-08 | Shareholder Vote | read |
| 2026-04-24 | Earnings Release, Reg FD Disclosure… | read |
| 2026-04-02 | Material Agreement, Exhibits | read |
| 2026-01-29 | Earnings Release, Reg FD Disclosure… | read |
| 2025-12-19 | Reg FD Disclosure, Exhibits | read |
| 2025-11-17 | Shareholder Vote, Other Material Event… | read |
| 2025-11-06 | Other Material Event | read |
| 2025-10-23 | Earnings Release, Reg FD Disclosure… | read |
| 2025-09-29 | Officer / Director Change, Exhibits | read |
| 2025-07-29 | Other Material Event, Exhibits | read |
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
| Amount | Agency | Description |
|---|---|---|
| $17.74M | Department of Defense | SELA 26 RAILWAY WORK IGF::OT::IGF |
| $21.88K | Department of Defense | RAILROAD CROSSING MAINTENANCE SERVICE FY23 |
| $12.78K | Department of Transportation | AGREEMENT TO EXECUTE REQUIRED RAILROAD AGREEMENT WITH NORFOLK SOUTHERN FOR PROJE |
| $4.71K | Department of Transportation | IGF::OT::IGF OCMU 10(2) - PARK ROAD&PARKING AREA REHABILITATION CONSTRUCTION ENG |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| 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
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $312.57 | $314.35 | $311.20 | $313.00 | 616.80K |
| Sep 24 | $314.75 | $316.84 | $313.02 | $313.17 | 812.50K |
| Sep 23 | $313.00 | $317.31 | $313.00 | $315.01 | 702.30K |
| Sep 22 | $311.14 | $314.89 | $309.40 | $314.00 | 945.30K |
| Sep 21 | $314.16 | $317.18 | $308.44 | $309.07 | 1.74M |
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