Norfolk Southern Corporation

Norfolk Southern Corporation

335.51
USD
+8.61
(+2.63%)
11.72EPS
26.83P/E
70.70BMarket Cap
Jan 27Next Earn

Total Valuation

USD

As of June 30, 2026, Norfolk Southern Corporation carries a market capitalization of 70.70B, placing it among publicly traded companies globally. Its enterprise value stands at 86.25B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap70.70B
Enterprise Value86.25B

Important Dates

Norfolk Southern Corporation's next confirmed earnings release is scheduled for January 27, 2027.

Earnings Date1/27/2027

Share Statistics

As of June 30, 2026, Norfolk Southern Corporation has 224.61M shares outstanding.

Shares Outstanding224.61M

Valuation Ratios

As of June 30, 2026, Norfolk Southern Corporation trades at a trailing price-to-earnings ratio of 26.83. The price-to-sales ratio is 5.64, and the price-to-book ratio stands at 4.35.

PE Ratio26.83
PS Ratio5.64
PB Ratio4.35
P/TBV Ratio4.35
P/FCF Ratio43.40
P/OCF Ratio18.94

Enterprise Valuation

As of June 30, 2026, Norfolk Southern Corporation trades at an EV/EBITDA multiple of 15.83 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 6.88 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 21.37 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Norfolk Southern Corporation trades at an EV/FCF ratio of 38.38, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 86.25B versus a market cap of 70.70B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales6.88
EV / EBITDA15.83
EV / EBIT21.37
EV / FCF38.38

Financial Position

As of June 30, 2026, Norfolk Southern Corporation maintains a current ratio of 0.83, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 102.23, indicating elevated leverage, while an interest coverage ratio of 6.93 demonstrates adequate ability to service its debt obligations.

Current Ratio0.83
Quick Ratio0.67
Debt / Equity102.23
Debt / EBITDA3.05
Interest Coverage6.93

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, Norfolk Southern Corporation posted a return on equity (ROE) of 16.97, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 9.66 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.91, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 10.00, useful for judging operating efficiency across full business cycles. The company generates approximately 647,225.81 in revenue per employee across its workforce of 19,375.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 25.27 indicates how many times Norfolk Southern Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)16.97
Return on Assets (ROA)5.91
Return on Invested Capital (ROIC)9.66
Return on Capital Employed (ROCE)10.00
Revenue Per Employee647,225.81
Employee Count19,375.00
Inventory Turnover25.27

Taxes

USD

Over the twelve months ended June 30, 2026, Norfolk Southern Corporation recorded 727.00M in income tax expense. That works out to an effective tax rate of 21.62, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 3.36B, leaving 2.64B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax727.00M
Effective Tax Rate21.62

Stock Price Statistics

USD

As of the close on October 22, 2026, Norfolk Southern Corporation's stock has gained approximately 16.04% over the past 52 weeks. The 50-day moving average sits at 326.82, while the 200-day moving average is 313.23.

52-Week Price Change16.04%
50-Day Moving Average326.82
200-Day Moving Average313.23

Income Statement

USD

Over the twelve months ended June 30, 2026, Norfolk Southern Corporation generated 12.54B in revenue and converted that into 2.64B in net income, yielding earnings per share of 11.72. EBITDA reached 5.45B, while operating income came in at 4.61B.

Revenue12.54B
Gross Profit4.46B
Operating Income4.61B
Pretax Income3.36B
Net Income2.64B
EBITDA5.45B
EBIT4.04B
Earnings Per Share (EPS)11.72

Balance Sheet

USD

As of June 30, 2026, Norfolk Southern Corporation holds 1.07B in cash and equivalents against 16.62B in total debt, resulting in a net debt position of 15.55B. Total book value stands at 16.25B, with working capital of -569.00M providing operational flexibility.

Cash & Cash Equivalents1.07B
Total Debt16.62B
Net Debt15.55B
Equity (Book Value)16.25B
Book Value Per Share72.36
Working Capital-569.00M

Cash Flow

USD

Norfolk Southern Corporation produced 3.73B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -2.10B in capital expenditures, free cash flow totaled 1.63B - equivalent to 7.26 per share.

Operating Cash Flow3.73B
Capital Expenditures-2.10B
Free Cash Flow1.63B
FCF Per Share7.26

Margins

Over the twelve months ended June 30, 2026, Norfolk Southern Corporation posted a gross margin of 35.53, reflecting its pricing power and cost economics. The operating margin of 36.72 and net profit margin of 21.02 provide insight into operational efficiency.

Gross Margin35.53
Operating Margin36.72
Pretax Margin26.82
Profit Margin21.02
EBITDA Margin43.44

Dividends & Yields

USD

Over the twelve months ended June 30, 2026, Norfolk Southern Corporation paid dividends of 5.40 per share. The dividend payout ratio of 45.94 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 2.30, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 3.13, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Norfolk Southern Corporation shareholders.

Dividend Per Share5.40
Payout Ratio45.94
Shareholder Yield3.13
FCF Yield2.30

Stock Splits

Norfolk Southern Corporation's most recent stock split took place on October 10, 1997 with a 1:3 split ratio.

Last Split Date10/10/1997
Split Ratio1:3

Scores

As of June 30, 2026, Norfolk Southern Corporation has an Altman Z-Score of 2.50, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.50