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    N

    Norfolk Southern Corporation (NSC)

    Official site

    INDUSTRIALS • RAILROADS • NYSE

    $324.64
    +0.91 (+0.28%)

    Market Cap: $72.96B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    79%(31/39)
    Avg Surprise
    +5.89%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$3.59
    Range$3.40 - $3.70
    19 analysts
    EPS Revisions
    1
    0
    7d
    15
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$3.30+8.6%
    60d ago$3.58+0.1%
    30d ago$3.590.0%
    7d ago$3.590.0%
    Current$3.59
    Revenue Consensus
    $3.5B
    Range$3.4B - $3.5B
    15 analysts
    Period ending Dec 31, 2026
    EPS Consensus$3.56
    Range$3.18 - $3.86
    22 analysts
    Revenue Consensus
    $3.4B
    Range$3.1B - $3.6B
    20 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$3.56---
    Sep 26EST
    		-$3.59---
    Jun 26
    Reported Jul 23
    		$3.52$3.23+8.98%Beat+7.0%
    Mar 26
    Reported Apr 24
    		$2.65$2.49+6.43%Beat-1.5%
    Dec 25
    Reported Jan 29
    		$3.22$2.76+16.67%Beat+5.9%
    Sep 25
    Reported Oct 23
    		$3.30$3.20+3.13%Beat+1.5%
    Jun 25
    Reported Jul 29
    		$3.29$3.31-0.60%Miss+7.5%
    Mar 25
    Reported Apr 23
    		$2.69$2.68+0.37%Beat-18.2%
    Dec 24
    Reported Jan 29
    		$3.04$2.94+3.40%Beat+7.4%
    Sep 24
    Reported Oct 22
    		$3.25$3.11+4.50%Beat+22.6%
    Jun 24
    Reported Jul 25
    		$3.06$2.86+6.99%Beat+3.7%
    Mar 24
    Reported Apr 24
    		$3.29$2.53+30.04%Beat-0.9%
    Dec 23
    Reported Jan 26
    		$2.83$2.87-1.39%Miss-17.3%
    Sep 23
    Reported Oct 25
    		$2.65$2.70-1.85%Miss-29.3%
    Jun 23
    Reported Jul 27
    		$2.95$3.11-5.14%Miss-14.5%
    Mar 23
    Reported Apr 26
    		$3.32$3.15+5.40%Beat+13.3%
    Dec 22
    Reported Jan 25
    		$3.42$3.44-0.58%Miss+9.6%
    Sep 22
    Reported Oct 26
    		$3.75$3.60+4.17%Beat+22.5%
    Jun 22
    Reported Jul 27
    		$3.45$3.47-0.58%Miss+5.2%
    Mar 22
    Reported Apr 27
    		$2.93$2.92+0.34%Beat+10.2%
    Dec 21
    Reported Jan 26
    		$3.12$3.04+2.63%Beat+18.2%
    Sep 21
    Reported Oct 27
    		$3.06$2.92+4.79%Beat+21.9%
    Jun 21
    Reported Jul 28
    		$3.28$2.97+10.44%Beat+114.4%
    Mar 21
    Reported Apr 28
    		$2.66$2.54+4.72%Beat+3.1%
    Dec 20
    Reported Jan 27
    		$2.64$2.48+6.45%Beat+3.5%
    Sep 20
    Reported Oct 28
    		$2.51$2.37+5.91%Beat-2.7%
    Jun 20
    Reported Jul 29
    		$1.53$1.36+12.50%Beat-43.3%
    Mar 20
    Reported Apr 29
    		$2.58$2.24+15.18%Beat+2.8%
    Dec 19
    Reported Jan 29
    		$2.55$2.28+11.84%Beat-0.8%
    Sep 19
    Reported Oct 23
    		$2.58$2.59-0.39%Miss+2.4%
    Jun 19
    Reported Jul 24
    		$2.70$2.79-3.23%Miss+8.0%
    Mar 19
    Reported Apr 24
    		$2.51$2.18+15.14%Beat+30.1%
    Dec 18
    Reported Jan 24
    		$2.57$2.28+12.72%Beat+52.1%
    Sep 18
    Reported Oct 24
    		$2.52$2.44+3.28%Beat+44.0%
    Jun 18
    Reported Jul 25
    		$2.50$2.33+7.30%Beat+46.2%
    Mar 18
    Reported Apr 25
    		$1.93$1.77+9.04%Beat+30.4%
    Dec 17
    Reported Jan 24
    		$1.69$1.57+7.64%Beat+19.0%
    Sep 17
    Reported Oct 25
    		$1.75$1.64+6.71%Beat-
    Jun 17
    Reported Jul 26
    		$1.71$1.65+3.64%Beat-
    Mar 17
    Reported Apr 26
    		$1.48$1.36+8.82%Beat-
    Dec 16
    Reported Jan 25
    		$1.42$1.36+4.41%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.66%
    Forward Annual Dividend$5.40
    Payout Ratio46.01%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+2.87%
    5Y CAGR+7.51%
    NSC dividend history and ex-dividend datesRun NSC in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio25.58EV/EBITDA15.91x
    Price/FCF44.71xFCF Yield2.24%
    Profitability
    Profit Margin21.00%Operating Margin35.30%
    ROE17.00%ROIC9.89%
    Financial Health
    Debt/Equity1.02xInterest Coverage5.28x
    Current Ratio0.83xQuick Ratio0.73x
    Trading Statistics
    Beta1.28Avg Volume816.41K
    52-Week High$357.1952-Week Low$273.59

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$318.68
    SMA 20$315.53
    SMA 50$327.46
    SMA 200$311.25
    EMA 10$319.46
    EMA 20$319.07
    EMA 50$322.50
    EMA 200$311.11

    MACD

    Line: -0.87Signal: -2.88Hist: 2.01

    ADX

    ADX: 28.9+DI: 24.3-DI: 17.6

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down60.0
    PSAR$311.23

    Bollinger Bands

    Upper Band$324.17
    Lower Band$306.88
    %B Position548%(Upper)
    Band Width1.03

    RSI (14-Day)

    Neutral
    57.8

    Momentum Oscillators

    Stoch %K91.3
    Stoch %D94.8
    Williams %R-19.2
    ROC (10d)4.6%
    Momentum14.38
    CCI (20d)236.4
    MFI (14d)62.8

    Volatility Measures

    ATR (14d)$5.01(1.5%)
    StdDev (20d)4.32
    Hist Vol15.8%(Low)

    Volume Flow

    VWAP$325.46
    OBV48.0M
    AD Line-453.8M
    CMF (20d)-0.097

    Volume Metrics

    Avg Vol (20d)821.1K
    Vol Ratio1.1x
    VWMA (20d)$314.78

    Pivot Points

    R3$330.10
    R2$327.06
    R1$325.39
    Pivot Point$322.35
    S1$320.68
    S2$317.64
    S3$315.97

    Advanced Oscillators

    TSI-5.78
    Ultimate Osc60.1
    KST-31.73

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.46B$3.00B$2.97B$3.10B$3.11B$2.99B$3.02B$3.05B$3.04B$3.00B$3.07B$2.97B
    Cost of Revenue$1.70B$1.52B$1.40B$1.64B$1.43B$1.48B$1.45B$1.22B$1.65B$1.55B$1.57B$1.52B
    Gross Profit$1.77B$1.48B$1.58B$1.46B$1.68B$1.51B$1.57B$1.84B$1.40B$1.46B$1.50B$1.45B
    Operating Expenses$642.00M$603.00M$641.00M$364.00M$504.00M$366.00M$444.00M$240.00M$267.00M$1.24B$690.00M$694.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$1.12B$877.00M$937.00M$1.10B$1.18B$1.15B$1.13B$1.60B$1.13B$213.00M$808.00M$756.00M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$197.00M$197.00M$195.00M$197.00M$201.00M$199.00M$199.00M$203.00M$204.00M$201.00M$195.00M$182.00M
    Income Before Tax$959.00M$715.00M$765.00M$924.00M$998.00M$978.00M$928.00M$1.43B$944.00M$30.00M$651.00M$614.00M
    Income Tax Expense$225.00M$168.00M$121.00M$213.00M$230.00M$228.00M$195.00M$328.00M$207.00M$-23,000,000$124.00M$136.00M
    Net Income$734.00M$547.00M$644.00M$711.00M$768.00M$750.00M$733.00M$1.10B$737.00M$53.00M$527.00M$478.00M
    EBITDA$1.51B$1.26B$1.31B$1.47B$1.54B$1.52B$1.47B$1.97B$1.48B$568.00M$1.18B$1.12B
    EBIT$1.16B$912.00M$960.00M$1.12B$1.20B$1.18B$1.13B$1.63B$1.15B$231.00M$846.00M$796.00M
    * Some calculated fields are derived from available data when not provided by source

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    Norfolk Southern stock: JPMorgan cuts target for Norfolk Southern stock to USD 318.00

    JPMorgan analyst Brian Ossenbeck has reduced the price target for Norfolk Southern (NSC) stock from $338.00 to $318.00, maintaining a Neutral rating ahead of the company's Q3 2026 earnings release on October 22...

    ad-hoc-news.de•10/16/26•Somewhat-Bearish

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    JPMorgan cuts target for Norfolk Southern stock to USD 318

    JPMorgan has lowered its price target for Norfolk Southern (NSC) stock from USD 338.00 to USD 318.00, maintaining a Neutral rating, ahead of the company's third-quarter earnings report on October 22...

    ad-hoc-news.de•10/16/26•Somewhat-Bearish

    NSC Valuation and Fair Value

    P/E
    25.6x
    Forward P/E
    22.3x
    EV/EBITDA
    15.9x
    P/FCF
    44.7x
    PEG
    3.7x
    P/B
    4.5x
    See GNG's fair value

    NSC Profitability: Margins, ROIC and FCF

    Gross margin
    50.1%
    Operating margin
    35.3%
    Net margin
    21.0%
    ROIC
    9.9%
    ROE
    17.0%
    FCF margin
    13.0%
    FCF yield
    2.2%

    NSC Competitors

    CompanyTicker
    Cummins IncCMI
    Canadian National Railway CompanyCNI
    Canadian Pacific Kansas City LimitedCP
    Northrop Grumman CorporationNOC
    Illinois Tool Works IncITW
    Republic Services IncRSG
    Vertiv Holdings CoVRT
    FedEx CorporationFDX

    Sector: Industrials

    NSC Analyst Ratings

    Consensus
    Hold
    Analysts
    21
    Strong Buy
    1
    Buy
    4
    Hold
    16
    Sell
    0
    Strong Sell
    0

    NSC Bull Case vs Bear Case

    Bull case

    • NSC has a 21.0% net profit margin.
    • NSC beat EPS estimates in 87.5% of its last 8 reported quarters.
    • NSC grew quarterly revenue 11.4% year over year.

    NSC Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    5.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $3.59
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    15 up, 0 down

    NSC Dividend

    Forward yield
    1.7%
    Payout ratio
    46.0%
    3Y DPS growth
    2.9%
    5Y DPS growth
    7.5%
    Pay months
    Feb, May, Aug, Nov
    NSC dividend history

    Frequently Asked Questions About NSC

    What is NSC's current dividend yield?

    Norfolk Southern Corporation (NSC) has a forward dividend yield of 1.66%.

    Does NSC pay dividends?

    Yes, Norfolk Southern Corporation pays dividends with a forward dividend yield of 1.66%.

    What is NSC's P/E ratio?

    Norfolk Southern Corporation has a price-to-earnings (P/E) ratio of 25.58.

    What is NSC's market cap?

    Norfolk Southern Corporation (NSC) has a market capitalization of $72.96B with a current stock price of $324.64.

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