Class I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automotive, agricultural, metal, chemical, and forest products.
Employees19,300IPOJan 18, 2018SIC4011HQ650 West Peachtree Street NW, Atlanta, GA, USA, 30308-1925
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
36.4%
Operating Margin
37.8%
EBITDA Margin
48.0%
Net Margin
23.6%
OCF Margin
—
FCF Margin
17.7%
Returns on Capital
ROE
19.3%
ROA
6.5%
ROIC
8.4%
ROCE
11.0%
ROC (Greenblatt)
12.4%
3Y ROIIC
−9.4%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
25.48
Forward P/E
26.75
P/E ex-NRI
25.99
Shiller P/E (CAPE)
24.95
Cash Flow Multiples
P/FCF
33.92
P/OCF
16.78
P/Owner Earnings
23.62
FCF Yield
2.96%
Enterprise Value Multiples
EV / EBIT
19.86
EV / Forward EBIT
20.74
EV / EBITDA
15.13
EV / Forward EBITDA
15.48
EV / Revenue
7.27
EV / Forward Revenue
7.10
Asset / Sales
P/S
6.01
P/B
4.69
P/Tangible Book
4.69
Growth-Adjusted
PEG
4.33
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.67%
Forward Dividend Yield
1.67%
3Y Dividend Growth
2.9%
Payout Ratio
0.43
5Y Yield on Cost
2.54%
Buybacks & Dilution
3Y Buyback Ratio
0.50%
5Y Share Change
−12.5%
Combined
Shareholder Yield
2.68%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
1.11
Gross Debt / EBITDA
2.96
Cash / Debt
0.09
Equity / Assets
0.34
Coverage
Interest Coverage
5.81
Short-Term Liquidity
Current Ratio
0.85
Quick Ratio
0.78
Cash Ratio
0.41
Composite Scores
Piotroski F-Score
6
Altman Z-Score
2.36
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-02-06
$1.35
2026-02-20
2025-11-07
$1.35
2025-11-20
2025-08-01
$1.35
2025-08-20
2025-05-02
$1.35
2025-05-20
2025-02-07
$1.35
2025-02-20
2024-11-01
$1.35
2024-11-20
2024-08-02
$1.35
2024-08-20
2024-05-02
$1.35
2024-05-20
2024-02-01
$1.35
2024-02-20
2023-11-02
$1.35
2023-11-20
10 of 33
View allDate
Transcript
Type
2026-07-23
Q2 2026 Norfolk Southern Corp Earnings Call Transcript
Earnings Call
2026-05-19
Norfolk Southern Corp at Wolfe Research Global Transportation & Industrials Conference Transcript
Conference Presentations
2026-05-12
Norfolk Southern Corp at Bank of America Industrials, Transportation & Airlines Key Leaders Conference Transcript
Conference Presentations
2026-04-24
Q1 2026 Norfolk Southern Corp Earnings Call Transcript
Earnings Call
2026-03-17
Norfolk Southern Corp at JPMorgan Industrials Conference Transcript
Conference Presentations
2026-01-29
Q4 2025 Norfolk Southern Corp Earnings Call Transcript
Earnings Call
2025-12-19
Union Pacific Corp and Norfolk Southern Corp Merger Application Conference Call Transcript
Corporate Presentation
2025-10-23
Q3 2025 Norfolk Southern Corp Earnings Call Transcript
Earnings Call
2025-07-29
Q2 2025 Norfolk Southern Corp Earnings Call and America's First Transcontinental Railroad with Union Pacific Corp Transcript
Earnings Call
2025-04-23
Q1 2025 Norfolk Southern Corp Earnings Call Transcript
Earnings Call
10 of 74
5-Step DuPont Analysis
ROE %
19.25%
×
×
Net Margin %
23.59%
×
×
Operating Margin %
37.81%
Operating Income
$4.61B
÷
Revenue
$12.18B
×
Tax Burden
0.7839
Net Income
$2.87B
÷
Pretax Income
$3.67B
×
Interest Burden
0.7959
Pretax Income
$3.67B
÷
Operating Income
$4.61B
×
Asset Turnover
0.27
÷
Revenue
$12.18B
÷
Average Total Assets
$44.46B
Begin Total Assets
$43.68B
End Total Assets
$45.24B
×
Equity Multiplier
2.98
÷
Avg Total Assets
$44.46B
÷
Avg Stockholders Equity
$14.93B
Begin Equity
$14.31B
End Equity
$15.55B