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Saturday 31 October 2026 Export NSC’s income statement to Excel — free account

Norfolk Southern Corporation

NSC Industrials Railroads

Norfolk Southern Corporation’s revenue for fiscal 2025 (year ended December 2025) was $12.2 billion, roughly unchanged from fiscal 2024.

Revenue
+11.4%
EPS
−4.40%
Free cash flow
−3.08%
Total debt
−4.32%

Quarter to June 2026, against a year earlier

342.64 0.45 +0.13%
Market cap
$76.9B
P/E
29.2×
Fwd P/E
27.8×
Dividend yield
1.97%
F-score
6/9
Altman Z
2.29
Beneish M
−2.62
Dividend safety
68/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Filings

Norfolk Southern Corporation (NSC) EV/FCF

Alert me on EV/FCF

As of 30 October 2026, Norfolk Southern Corporation (NSC) trades at a EV/FCF of 48.5×. Over the past ten years it has ranged from 19.1× (March 2020) to 152× (April 2024); the current reading is higher than 86% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 34.7× 12.67%
FY2024 30.8× (58.19%)
FY2023 73.6× 156.35%
FY2022 28.7× (2.23%)
FY2021 29.4× 0.79%
FY2020 29.2× 4.56%
FY2019 27.9× 5.47%
FY2018 26.4× (11.02%)
FY2017 29.7× (6.79%)
FY2016 31.9× (45.91%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 45.2× 8.63%
Mar 2026 41.6× 20.02%
Dec 2025 34.7× (6.04%)
Sep 2025 36.9× 29.23%
42 more quarters

Against its own ten years

Low 19.1× High 152×
Ten-year median 30.8×
Current reading's percentile 87

EV/FCF against peers

Company EV/FCF
TRN Trinity Industries, Inc. compare −21.9×
FSTR L.B. Foster Company compare 8.8×
RAIL Freightcar America, Inc. compare 9.5×
WAB Wabtec compare 30.9×
UNP Union Pacific Corporation compare 32.1×
CSX CSX Corporation compare 38.5×
GBX Greenbrier Companies, Inc. (The) compare 44.0×
NSC Norfolk Southern Corporation 48.5×
CP Canadian Pacific Kansas City Limited compare 55.4×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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