US · USD
NSC
Norfolk Southern Corporation
- Day's range
- $305.43 – $311.21
- Day's volume
- $288M
- 52-week range
- $274.69 – $352.98
Follow NSC in the Fuolio
See how NSC weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountNSC in numbers
- Market cap
- $69.7B
- P/E
- 26.44
- P/B
- 4.29
- Dividend yield (12m)
- 1.74%
The 12-month dividend yield of NSC is 1.74%, below its 5-year average of 1.97%.
NSC price history
NSC risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +4.67% | +67.19% | +43.43% |
| Volatility (annualized) | 22.44% | 25.33% | 28.49% |
| Largest drawdown | -9.86% | -18.34% | -33.46% |
| Positive months | 7/12 | 21/36 | 30/60 |
How much did investing in NSC return?
$1,000.00 invested on 09/01/2021 would be worth $1,434.34 today.
- Value today in NSC
- $1,434.34
- Return over the period
- +43.43%
- Return per year
- +7.48%
- In the S&P 500
- $1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
NSC fundamentals
Valuation
- P/E26.44
- P/B4.29
- EV/EBITDA12.79
- EV/EBIT17.27
- EV/Revenue5.56
- P/EBIT17.27
- P/S5.56
- P/OCF18.67
- P/FCF42.73
- Earnings yield5.79%
- PEG ratio—
- Earnings per share$11.74
- Book value per share$72.36
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio0.83
- Quick ratio—
- Cash ratio0.32
Efficiency
- Gross margin—
- EBITDA margin43.44%
- Operating margin32.19%
- Net margin21.02%
- Asset turnover0.28
Profitability
- ROE16.22%
- ROA5.84%
- ROIC19.46%
- Payout46.01%
Growth
- Revenue CAGR (5 years)3.58%
- Earnings CAGR (5 years)-0.71%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is NSC's fair price?
Two classic value formulas, with today's numbers. The current price is $310.26.
- Graham's fair price
- $138.23
- 55.45% below the price
√(22.50 × $11.74 × $72.36)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $84.40
- 72.80% below the price
$5.06 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
NSC's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 22.57 | 20.27 | 29.22 | 17.17 | 23.76 | 29.74 | 18.39 | 15.00 |
| P/B | 4.17 | 3.71 | 4.18 | 4.41 | 5.23 | 4.05 | 3.30 | 2.60 |
| EV/EBITDA | 11.28 | 9.80 | 12.49 | 9.25 | 12.53 | 14.40 | 9.76 | 7.83 |
| Dividend yield | 1.87% | 2.30% | 2.28% | 2.01% | 1.40% | 1.58% | 1.85% | 2.03% |
| Earnings per share | $12.79 | $11.58 | $8.09 | $14.36 | $12.53 | $7.99 | $10.56 | $9.97 |
| Book value per share | $69.23 | $63.18 | $56.58 | $55.90 | $56.89 | $58.72 | $58.89 | $57.44 |
| ROE | 18.48% | 18.33% | 14.29% | 25.68% | 22.03% | 13.61% | 17.93% | 17.35% |
| ROIC | 21.96% | 22.41% | 20.02% | 30.76% | 26.92% | 16.15% | 20.48% | 20.28% |
| EBITDA margin | 47.20% | 44.74% | 34.13% | 47.31% | 50.51% | 42.46% | 45.40% | 44.19% |
| Net margin | 23.59% | 21.63% | 15.03% | 25.66% | 26.97% | 20.56% | 24.10% | 23.27% |
| Net debt/EBITDA | — | — | -0.38 | -0.06 | -0.15 | — | — | -0.07 |
NSC's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $12.2B | $12.1B | $12.2B | $12.7B | $11.1B | $9.8B |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | $5.7B | $5.4B | $4.1B | $6B | $5.6B | $4.2B |
| EBIT | $4.4B | $4.1B | $2.9B | $4.8B | $4.4B | $3B |
| Financial result | — | — | — | — | — | — |
| Income before tax | $3.7B | $3.3B | $2.3B | $4.1B | $3.9B | $2.5B |
| Income tax | -$792M | -$707M | -$493M | -$860M | -$873M | -$517M |
| Net income | $2.9B | $2.6B | $1.8B | $3.3B | $3B | $2B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does NSC pay dividends?
Dividend yield per year
- 1.68%2017
- 2.03%2018
- 1.85%2019
- 1.58%2020
- 1.40%2021
- 2.01%2022
- 2.28%2023
- 2.30%2024
- 1.87%2025
- 1.31%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/06/2026 | 08/20/2026 | $1.35 |
| Dividend | 05/07/2026 | 05/20/2026 | $1.35 |
| Dividend | 02/05/2026 | 02/20/2026 | $1.35 |
| Dividend | 11/06/2025 | 11/20/2025 | $1.35 |
| Dividend | 07/31/2025 | 08/20/2025 | $1.35 |
| Dividend | 05/01/2025 | 05/20/2025 | $1.35 |
| Dividend | 02/06/2025 | 02/20/2025 | $1.35 |
| Dividend | 10/31/2024 | 11/20/2024 | $1.35 |
| Dividend | 08/01/2024 | 08/20/2024 | $1.35 |
| Dividend | 05/01/2024 | 05/20/2024 | $1.35 |
| Dividend | 01/31/2024 | 02/20/2024 | $1.35 |
| Dividend | 11/01/2023 | 11/20/2023 | $1.35 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/02/2023 | 08/21/2023 | $1.35 |
| Dividend | 05/03/2023 | 05/20/2023 | $1.35 |
| Dividend | 02/01/2023 | 02/21/2023 | $1.35 |
| Dividend | 11/02/2022 | 11/21/2022 | $1.24 |
| Dividend | 08/04/2022 | 08/20/2022 | $1.24 |
| Dividend | 05/04/2022 | 05/20/2022 | $1.24 |
| Dividend | 02/02/2022 | 02/21/2022 | $1.24 |
| Dividend | 11/03/2021 | 11/19/2021 | $1.09 |
| Dividend | 08/05/2021 | 08/20/2021 | $1.09 |
| Dividend | 05/05/2021 | 05/20/2021 | $0.99 |
| Dividend | 02/03/2021 | 03/10/2021 | $0.99 |
| Dividend | 11/04/2020 | 12/10/2020 | $0.94 |
| Dividend | 08/05/2020 | 09/10/2020 | $0.94 |
| Dividend | 05/06/2020 | 06/10/2020 | $0.94 |
| Dividend | 02/05/2020 | 03/10/2020 | $0.94 |
| Dividend | 10/30/2019 | 12/10/2019 | $0.94 |
| Dividend | 08/01/2019 | 09/10/2019 | $0.94 |
| Dividend | 05/01/2019 | 06/10/2019 | $0.86 |
| Dividend | 01/31/2019 | 03/11/2019 | $0.86 |
| Dividend | 10/31/2018 | 12/10/2018 | $0.80 |
| Dividend | 08/02/2018 | 09/10/2018 | $0.80 |
| Dividend | 05/02/2018 | 06/11/2018 | $0.72 |
| Dividend | 01/31/2018 | 03/10/2018 | $0.72 |
| Dividend | 11/01/2017 | 12/11/2017 | $0.61 |
| Dividend | 08/02/2017 | 09/11/2017 | $0.61 |
| Dividend | 05/02/2017 | 06/10/2017 | $0.61 |
| Dividend | 01/31/2017 | 03/10/2017 | $0.61 |
| Dividend | 11/01/2016 | 12/10/2016 | $0.59 |
About Norfolk Southern
- Sector
- Transportation and utilities
Questions about NSC
How much is NSC today?
NSC is at $310.26 (0.41% on the day), last traded on 10/01/2026.
How much did NSC pay in dividends in 2025?
NSC paid $5.40 per share in 2025, a dividend yield of 1.87%.
What are the P/E and P/B of NSC?
NSC trades at a P/E of 26.44 and a P/B of 4.29.
How much did NSC return in 12 months?
NSC returned 4.67% in 12 months, with annualized volatility of 22.44% and a largest drawdown of -9.86%.