Sunday 11 October 2026 Export all NSC data to Excel Powerpack

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. In the quarter to June 2026, revenue grew 11.4%, EPS fell 4.40%, free cash flow fell 3.08% and total debt fell 4.32%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

317.79 0.80 +0.25%
Market cap
$71.2B
P/E
27.1×
Fwd P/E
26.4×
Dividend yield
1.70%
F-score
6/9
Altman Z
2.29
Beneish M
−2.62
Dividend safety
68/100

Norfolk Southern Corporation (NSC) EV/FCF

Alert me on EV/FCF

As of 9 October 2026, Norfolk Southern Corporation (NSC) trades at a EV/FCF of 45.6×. Over the past ten years it has ranged from 19.1× (March 2020) to 152× (April 2024); the current reading is higher than 83% of that period.

EV/FCF, daily

Embed this chart

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 30.7×
Current reading's percentile 84

EV/FCF against peers

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 →

More on NSC