Stock AnalizNorfolk Southern Corp. NSC
Railroads · data as of November 13, 2026
Norfolk Southern Corp. (NSC) is a industrial company listed in the US with a market value of about $73.6B. In the twelve months to September 30, 2026 it had revenue of $13.0B and net income of $2.7B, a net margin of 20.7%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (0/5).
Key numbers: a P/E of 27.5, a price to free cash flow of 44.7, 5-year revenue growth of 4% a year, a 5-year average ROIC of 11%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 30% below the current price.
Score: 2.0 / 5
Checks passed
- Profit margin improving
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
- Interest covered more than 5 times
- Pays a dividend
- Share count down over 3 years (buybacks)
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.0B | $12.2B | $12.1B | $12.2B | $12.7B | $11.1B | $9.8B | $11.3B | $11.5B | $10.6B | $9.9B |
| Net income | $2.7B | $2.9B | $2.6B | $1.8B | $3.3B | $3.0B | $2.0B | $2.7B | $2.7B | $5.4B | $1.7B |
| Free cash flow | $1.6B | $2.2B | $1.7B | $852M | $2.3B | $2.8B | $2.1B | $1.9B | $1.8B | $1.5B | $1.1B |
| EPS (diluted) | $11.93 | $12.75 | $11.57 | $8.02 | $13.88 | $12.11 | $7.84 | $10.25 | $9.51 | $18.61 | $5.62 |
| Net margin | 20.7% | 23.6% | 21.6% | 15.0% | 25.7% | 27.0% | 20.6% | 24.1% | 23.3% | 51.2% | 16.8% |
| ROIC | — | 10.4% | 10.1% | 7.4% | 13.4% | 12.3% | 8.6% | 11.1% | 11.5% | 10.6% | 8.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 18 analysts is $357.44, 9% above the current price; targets range from $297.00 to $400.00; the consensus rating is “Hold”; expected EPS is $13.06 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Norfolk Southern’s P/E ratio?
About 27.5, based on the last twelve months of diluted earnings per share (forward P/E about 23.9).
Is Norfolk Southern stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 30% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Norfolk Southern pay a dividend?
Yes. The dividend yield is about 1.63%, and it has paid dividends for 10 years in our data.
Is Norfolk Southern a good stock to buy?
We do not give buy or sell advice. Norfolk Southern scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.