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Saturday 17 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. 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.

326.92 2.09 +0.64%
Market cap
$73.0B
P/E
27.9×
Fwd P/E
26.4×
Dividend yield
1.65%
F-score
6/9
Altman Z
2.29
Beneish M
−2.62
Dividend safety
68/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Norfolk Southern Corporation (NSC) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Norfolk Southern Corporation (NSC) trades at a P/S ratio of 5.9×. Over the past ten years it has ranged from 1.9× (February 2016) to 7.4× (May 2021); the current reading is higher than 87% of that period. That is above the Railroads industry median of 2.5× and above the Industrials sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 5.3× 21.84%
FY2024 4.4× (0.49%)
FY2023 4.4× (3.61%)
FY2022 4.6× (30.83%)
FY2021 6.6× 6.54%
FY2020 6.2× 36.84%
FY2019 4.5× 24.85%
FY2018 3.6× (9.62%)
FY2017 4.0× 26.10%
FY2016 3.2× 30.89%

Quarterly newest first

Period P/S ratio Change
Jun 2026 5.6× 6.56%
Mar 2026 5.3× (0.86%)
Dec 2025 5.3× (3.24%)
Sep 2025 5.5× 16.55%
42 more quarters

Against its own ten years

Low 1.9× High 7.4×
Ten-year median 4.3×
Current reading's percentile 86

P/S ratio against peers

Company P/S ratio
RAIL Freightcar America, Inc. compare 0.4×
GBX Greenbrier Companies, Inc. (The) compare 0.5×
FSTR L.B. Foster Company compare 0.6×
TRN Trinity Industries, Inc. compare 1.0×
WAB Wabtec compare 4.0×
NSC Norfolk Southern Corporation 5.9×
CSX CSX Corporation compare 6.2×
UNP Union Pacific Corporation compare 6.8×
CP Canadian Pacific Kansas City Limited compare 6.9×
Railroads industry median 2.5×
Industrials sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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