Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
NSC · NYSE · Industrial
Fundamental quality
65
out of 100
Norfolk Southern Corp earns a fundamental-quality score of 65 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its profitability (net margin 21%). Its weakest area is its growth (revenue +4.6%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Norfolk Southern is one of the two big railroads of the eastern United States: it moves containers, coal, chemicals and autos over a network of thousands of miles that would be impossible to replicate today. A regional duopoly with the American economy as its customer.
EPS growth: 5% · Revenue growth: 4.6%
Net margin: 21% · ROE: 16.2% · ROIC: 9.8%
Net debt/EBITDA: 2.94x · FCF: 13%
Source: SEC EDGAR · TTM through 30/06/2026
The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 9,789 | 2,013 | 2,143 | 11,566 |
| 2021 | 11,142 | 3,005 | 2,785 | 13,001 |
| 2022 | 12,745 | 3,270 | 2,274 | 14,726 |
| 2023 | 12,156 | 1,827 | 852 | 15,611 |
| 2024 | 12,123 | 2,622 | 1,671 | 15,565 |
| 2025 | 12,180 | 2,873 | 2,157 | 15,557 |
Between 2020 and 2025, revenue went from $9,789M to $12,180M (+24%) and net income went from $2,013M to $2,873M (+43%). Meanwhile, its margins have widened (from 21% to 24%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$5.4
per share, yearly
42.3% of earnings
Payout
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.
The serious investor's standard
Open free account →Anyone who wants low commissions and access to almost any market in the world.
Popular in the U.S.
Open free account →Anyone investing in the U.S. who wants a powerful, commission-free stock app.
Investing carries risk of loss.
Is Norfolk Southern Corp cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Norfolk Southern Corp a good company to invest in?
In terms of business quality, Norfolk Southern Corp scores 65 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Norfolk Southern Corp a profitable company?
Very. Norfolk Southern Corp shows a net margin of 21% and an ROE of 16.2%, typical of a highly profitable business.
Does Norfolk Southern Corp have a lot of debt?
A moderate level: its net debt is 2.94 times its EBITDA.
Is Norfolk Southern Corp growing?
Its revenue has grown 4.6% annualized in recent years and its earnings per share 5%.
Does Norfolk Southern Corp generate cash?
Yes. It converts about 13% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
More Industrial companies
Royal Caribbean (RCL) · Carnival (CCL) · United Parcel Service (UPS) · American Airlines Group (AAL) · Ferguson Enterprises (FERG) · Southwest Airlines (LUV) · see more →
The best Industrial stocks by our model →
Compare Norfolk Southern Corp with 500+ companies in the screener →
Who's behind the methodology and model · how the score is computed
Data: see Norfolk Southern Corp's filings on EDGAR
Spotted a figure that looks wrong? Report it and we'll review it.