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
+13.6%
EPS
+6.65%
Free cash flow
+7.49%
Total debt
−2.75%

Quarter to September 2026, against a year earlier

328.49 15.65 −4.55%
Market cap
$74.0B
P/E
27.5×
Fwd P/E
27.8×
Dividend yield
2.05%
F-score
6/9
Altman Z
2.29
Beneish M
−2.62
Dividend safety
68/100

Norfolk Southern Corporation (NSC) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Norfolk Southern Corporation (NSC) trades at a EV/Sales of 6.8×. Over the past ten years it has ranged from 2.7× (August 2015) to 8.6× (May 2021); the current reading is higher than 84% of that period. That is above the Railroads industry median of 4.3× and above the Industrials sector median of 1.8×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 6.6× 16.77%
FY2024 5.7× (0.38%)
FY2023 5.7× (0.63%)
FY2022 5.7× (26.34%)
FY2021 7.8× 5.29%
FY2020 7.4× 32.78%
FY2019 5.6× 21.63%
FY2018 4.6× (6.38%)
FY2017 4.9× 18.48%
FY2016 4.1× 25.30%

Quarterly newest first

Period EV/Sales Change
Sep 2026 6.5× (5.27%)
Jun 2026 6.9× 4.45%
Mar 2026 6.6× (0.45%)
Dec 2025 6.6× (2.68%)
43 more quarters

Against its own ten years

Low 2.7× High 8.6×
Ten-year median 5.4×
Current reading's percentile 82

EV/Sales against peers

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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