CSX vs BIPH vs NSC Stock Comparison

Csx, Brookfield Infrastructure Partners and Norfolk Southern Prices as of Oct 27, 2026 Peers: Industry group
CSX Csx Corp
$52.27 +11.7% 1M +45.2% 1Y
Market cap
$95.91B
P/E
26.8x
Revenue (TTM)
$14.95B
Div. yield
0.01%
Railroads Industrials
8 wins
NSC Norfolk Southern Corp
$339.81 +8.6% 1M +20.7% 1Y
Market cap
$76.02B
P/E
28.3x
Revenue (TTM)
$12.96B
Div. yield
0.02%
Railroads Industrials

Head to Head

12 decided of 12

Csx leads on 8 of the 12 questions below (Csx 8, Brookfield Infrastructure Partners 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCSXBIPHNSCLeader
Larger companyMarket capitalisation $95.91B $9.49B $76.02B CSX
Cheaper on earningsLower P/E, profitable companies only 26.8x -25.3x 28.3x CSX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.7x 25.7x 27.8x BIPH
Faster revenue growthRevenue growth, trailing twelve months +5.9% +16.4% +6.0% BIPH
More profitableNet margin, trailing twelve months 24.0% -1.5% 20.7% CSX
Better return on capitalReturn on invested capital 12.6% 6.6% 9.7% CSX
Less leveragedLower net debt / EBITDA 2.4x 6.1x 2.7x CSX
Higher dividend yieldTrailing dividend yield 0.01% 0.18% 0.02% BIPH
Better 1-year returnPrice return, last 12 months +45.2% -11.7% +20.7% CSX
Better 5-year returnAnnualised price return, 5 years +7.6%/yr -10.0%/yr +3.0%/yr CSX
Less volatileAnnualised volatility, 1 year 22.5% 13.9% 20.9% BIPH
Higher overall scoreMean of the five percentile scores vs peers 47/100 47/100 33/100 CSX

Percentile Scorecard

CSXBIPHNSC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCSXBIPHNSC
Valuation 10 #122 of 136 65 #48 of 136 10 #123 of 136
Growth 59 #50 of 121 87 #17 of 121 43 #69 of 121
Profitability 83 #20 of 115 40 #70 of 115 66 #40 of 115
Financial Health 29 #102 of 143 13 #125 of 143 30 #100 of 143
Shareholder Returns 53 #39 of 82 28 #59 of 82 16 #69 of 82
Overall 47 47 33
  • CSX ranked among 150 companies in Transportation
  • BIPH ranked among 150 companies in Transportation
  • NSC ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCSXBIPHNSCSPY
1 month +11.7%-1.6%+8.6% -0.2%
3 months +2.8%-6.2%+0.3% +3.9%
6 months +15.6%-7.8%+7.3% +8.2%
Year to date +44.2%-6.8%+17.7% +12.9%
1 year +45.2%-11.7%+20.7% +12.3%
3 years +78.8%+2.6%+84.1% +87.4%
3 years, per year +21.4%+0.9%+22.6% +23.3%
5 years +44.2%-41.1%+15.9% +67.9%
5 years, per year +7.6%-10.0%+3.0% +10.9%
10 years +417.5%—+272.0% +261.1%
10 years, per year +17.9%—+14.0% +13.7%

Risk

MeasureCSXBIPHNSCSPY
Volatility, 1Y 22.5%13.9%20.9% 12.7%
Downside volatility, 1Y 20.9%15.7%20.3% 12.7%
Beta vs S&P 500, 1Y 0.380.100.19 1.00
Return / volatility, 1Y 2.01-0.850.99 0.97
Max drawdown, 5Y -30.5%-43.5%-38.0% -25.4%
From 52-week high -1.8%-12.7%-3.7% -1.2%
52-week high $53.23$17.40$352.99 $779.14
52-week low $33.68$15.08$278.19 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCSXBIPHNSC
P/E now vs peer median 27.0xmedian 16.3x -25.6xmedian 16.3x 28.4xmedian 16.3x
P/S now vs peer median 6.4xmedian 1.0x 0.4xmedian 1.0x 5.9xmedian 1.0x
EV/EBITDA now vs peer median 16.0xmedian 8.7x 7.0xmedian 8.7x 16.6xmedian 8.7x
P/FCF now vs peer median 30.0xmedian 11.4x -12.1xmedian 11.4x 46.3xmedian 11.4x
P/B now vs peer median 6.7xmedian 1.2x 0.3xmedian 1.2x 4.6xmedian 1.2x
PEG now vs peer median 27.60median 0.82 —median 0.82 3.16median 0.82

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCSXBIPHNSC
Revenue $14.95B $25.06B $12.96B
Gross profit – $6.65B –
Operating income $5.44B $6.20B $4.09B
Net income $3.58B $2.39B $2.68B
Free cash flow $3.21B -$792.00M $1.65B
EPS (diluted) $1.93 – $11.92
Cash & equivalents $1.22B $3.09B $1.60B
Total debt $18.80B $67.76B $16.61B
Shares (diluted) 1.85B – 225.20M
Enterprise value $91.13B -$4.09B $70.49B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCSXBIPHNSC
P/E 27.0x -25.6x 28.4x
P/FCF 30.0x -12.1x 46.3x
P/Operating cash flow 17.2x 1.5x 20.2x
P/S 6.4x 0.4x 5.9x
P/B 6.7x 0.3x 4.6x
P/Tangible book 6.7x 0.5x 4.6x
EV/EBITDA 16.0x 7.0x 16.6x
EV/EBIT 20.9x 11.9x 22.3x
EV/Revenue 7.6x 2.9x 7.0x
EV/FCF 35.3x -93.2x 55.5x
EV/Operating cash flow 20.3x 11.7x 24.1x
PEG (3Y EPS CAGR) 27.60 – 3.16

Growth

14 metrics
MetricCSXBIPHNSC
Revenue growth (1Y) 5.9% 16.4% 6.0%
Revenue CAGR (3Y) 0.5% 16.6% 1.7%
Gross profit growth (1Y) – 16.9% –
Gross profit CAGR (3Y) – 48.1% –
Operating income growth (1Y) 20.4% 17.8% -10.2%
Operating income CAGR (3Y) -0.8% 28.4% 8.2%
Net income growth (1Y) 23.4% 63.4% -9.4%
Net income CAGR (3Y) -1.5% 15.0% 8.7%
EPS growth (1Y) 24.3% – -9.6%
EPS CAGR (3Y) 1.0% – 9.0%
Operating cash flow growth (1Y) 21.4% 30.9% -11.0%
Operating cash flow CAGR (3Y) 1.9% 26.0% 4.6%
Free cash flow growth (1Y) 107.0% 72.5% -21.5%
Free cash flow CAGR (3Y) 1.8% 8.5% 13.0%

Profitability

14 metrics
MetricCSXBIPHNSC
Gross margin – 26.5% –
EBITDA margin 47.4% 41.9% 42.5%
Operating margin 36.4% 24.8% 31.5%
Pretax margin 31.6% 11.8% 26.4%
Net margin 24.0% -1.5% 20.7%
FCF margin 21.5% -3.2% 12.7%
Operating cash flow margin 37.5% 25.1% 29.2%
Return on equity 25.4% 7.2% 16.3%
Return on assets 8.0% 1.9% 5.9%
Return on invested capital 12.6% 6.6% 9.7%
Return on capital employed 13.4% 5.6% 9.8%
Asset turnover 0.3x 0.2x 0.3x
Cash conversion (OCF / net income) 1.6x 2.6x 1.4x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricCSXBIPHNSC
Debt / assets 41.6% 55.6% 36.2%
Debt / equity 1.3x 2.1x 1.0x
Net debt / EBITDA 2.4x 6.1x 2.7x
Debt / FCF 5.9x -85.6x 10.1x
Liabilities / assets 68.2% 73.3% 63.6%
Equity / assets 31.8% 26.7% 36.4%
Interest coverage 6.4x 1.1x 5.2x
Current ratio 0.8x 0.9x 0.9x
Quick ratio 0.7x 0.7x 0.8x
Cash ratio 0.4x 0.3x 0.4x
Altman Z-score 2.95 – 2.57

Shareholder Returns

7 metrics
MetricCSXBIPHNSC
Dividend yield 1.1% 0.0% 1.6%
Net buyback yield 1.2% – 0.0%
Shareholder yield 2.3% 0.0% 1.6%
Payout ratio (earnings) 28.5% 71.4% 45.2%
Payout ratio (FCF) 31.8% -215.5% 73.6%
Dividend growth (1Y) 6.4% 10.5% -0.4%
Dividend CAGR (3Y) 5.4% 40.3% 0.2%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCSXBIPHNSC
Forward P/E 26.7xFY2026 25.7xFY2026 27.8xFY2026
EPS, next fiscal year $1.96FY2026 $0.59FY2026 $12.23FY2026
EPS growth, next FY +21.7%FY2026 -34.4%FY2026 -2.1%FY2026
EPS growth, the year after +26.0% +88.1% +24.4%
Revenue, next fiscal year $14.54BFY2026 $17.63BFY2026 $14.12BFY2026
Revenue growth, next FY +3.2%FY2026 -23.7%FY2026 +15.9%FY2026
Revenue growth, the year after +14.2% -44.6% +2.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCSXBIPHNSC
Held by institutions 79.3% – 75.9%
Institutions holding 1,996 – 1,863
Change in shares held, QoQ +4.0% – +1.5%
Institutions buying 1,000 – 751
Institutions selling 627 – 631
Buyers to sellers 1.59 – 1.19

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CSXBIPHNSC
CSX 1.00 0.03 0.78
BIPH 0.03 1.00 -0.02
NSC 0.78 -0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CSX, BIPH and NSC?

Csx (CSX) is the largest by market capitalisation: Csx (CSX) $95.91B, Brookfield Infrastructure Partners (BIPH) $9.49B, Norfolk Southern (NSC) $76.02B.

Which stock is cheaper, CSX, BIPH and NSC?

Csx (CSX) trades on the lowest price-to-earnings ratio (Csx (CSX) 26.8x, Brookfield Infrastructure Partners (BIPH) -25.3x, Norfolk Southern (NSC) 28.3x). On next year's consensus earnings, Brookfield Infrastructure Partners (BIPH) is cheapest (Csx (CSX) 26.7x, Brookfield Infrastructure Partners (BIPH) 25.7x, Norfolk Southern (NSC) 27.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Brookfield Infrastructure Partners (BIPH) grew revenue fastest over the trailing twelve months: Csx (CSX) +5.9%, Brookfield Infrastructure Partners (BIPH) +16.4%, Norfolk Southern (NSC) +6.0%.

Which company is more profitable?

Csx (CSX) has the highest net margin (Csx (CSX) 24.0%, Brookfield Infrastructure Partners (BIPH) -1.5%, Norfolk Southern (NSC) 20.7%). On return on invested capital, Csx (CSX) leads (Csx (CSX) 12.6%, Brookfield Infrastructure Partners (BIPH) 6.6%, Norfolk Southern (NSC) 9.7%).

Which stock has performed better?

Over the past year Csx (CSX) returned the most: Csx (CSX) +45.2%, Brookfield Infrastructure Partners (BIPH) -11.7%, Norfolk Southern (NSC) +20.7%. Over five years, Csx (CSX) compounded fastest (Csx (CSX) +7.6%/yr, Brookfield Infrastructure Partners (BIPH) -10.0%/yr, Norfolk Southern (NSC) +3.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Brookfield Infrastructure Partners (BIPH) has the highest dividend yield: Csx (CSX) 0.01%, Brookfield Infrastructure Partners (BIPH) 0.18%, Norfolk Southern (NSC) 0.02%.

Which stock is riskier?

By one-year price volatility, Brookfield Infrastructure Partners (BIPH) has been the steadiest (Csx (CSX) 22.5%, Brookfield Infrastructure Partners (BIPH) 13.9%, Norfolk Southern (NSC) 20.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CSX, BIPH and NSC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Csx (CSX) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.