NSC vs UBER vs UNP Stock Comparison

Norfolk Southern, Uber Technologies and Union Pacific Prices as of Oct 23, 2026 Peers: Industry group
NSC Norfolk Southern Corp
$329.85 +4.7% 1M +16.2% 1Y
Market cap
$75.04B
P/E
28.0x
Revenue (TTM)
$12.96B
Div. yield
0.02%
Railroads Industrials
1 win
UBER Uber Technologies, Inc
$66.67 -4.0% 1M -29.5% 1Y
Market cap
$134.60B
P/E
14.1x
Revenue (TTM)
$55.23B
Div. yield
–
Ride-Hailing and Delivery Technology
7 wins
UNP Union Pacific Corp
$292.89 +6.3% 1M +33.1% 1Y
Market cap
$176.20B
P/E
23.1x
Revenue (TTM)
$26.36B
Div. yield
–
Railroads Industrials
3 wins

Head to Head

11 decided of 12

Uber Technologies leads on 7 of the 12 questions below (Uber Technologies 7, Union Pacific 3, Norfolk Southern 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNSCUBERUNPLeader
Larger companyMarket capitalisation $75.04B $134.60B $176.20B UNP
Cheaper on earningsLower P/E, profitable companies only 28.0x 14.1x 23.1x UBER
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.3x 19.1x 21.2x UBER
Faster revenue growthRevenue growth, trailing twelve months +6.0% +16.7% +7.4% UBER
More profitableNet margin, trailing twelve months 20.7% 17.3% 28.9% UNP
Better return on capitalReturn on invested capital 9.7% 17.4% 15.7% UBER
Less leveragedLower net debt / EBITDA 2.7x 1.0x 2.1x UBER
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +16.2% -29.5% +33.1% UNP
Better 5-year returnAnnualised price return, 5 years +2.9%/yr +7.9%/yr +4.3%/yr UBER
Less volatileAnnualised volatility, 1 year 20.9% 35.4% 22.6% NSC
Higher overall scoreMean of the five percentile scores vs peers 35/100 67/100 45/100 UBER

Percentile Scorecard

NSCUBERUNP

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

AxisNSCUBERUNP
Valuation 10 #123 of 136 60 #67 of 167 16 #114 of 136
Growth 46 #67 of 122 86 #23 of 153 60 #49 of 122
Profitability 67 #40 of 119 78 #34 of 153 88 #15 of 119
Financial Health 30 #103 of 147 48 #94 of 179 38 #92 of 147
Shareholder Returns 21 #67 of 84 63 #35 of 94 24 #64 of 84
Overall 35 67 45
  • NSC ranked among 150 companies in Transportation
  • UBER ranked among 185 companies in Internet Platforms
  • UNP ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodNSCUBERUNPSPY
1 month +4.7%-4.0%+6.3% -1.0%
3 months -5.9%+1.1%-4.8% +2.9%
6 months +3.2%-10.7%+9.0% +6.4%
Year to date +14.2%-18.4%+26.6% +11.4%
1 year +16.2%-29.5%+33.1% +13.1%
3 years +68.1%+50.9%+42.6% +79.4%
3 years, per year +18.9%+14.7%+12.6% +21.5%
5 years +15.1%+46.5%+23.3% +67.7%
5 years, per year +2.9%+7.9%+4.3% +10.9%
10 years +255.0%—+224.1% +255.2%
10 years, per year +13.5%—+12.5% +13.5%

Risk

MeasureNSCUBERUNPSPY
Volatility, 1Y 20.9%35.4%22.6% 12.7%
Downside volatility, 1Y 20.2%35.4%21.7% 12.7%
Beta vs S&P 500, 1Y 0.180.830.15 1.00
Return / volatility, 1Y 0.78-0.831.46 1.03
Max drawdown, 5Y -38.0%-56.6%-32.9% -25.4%
From 52-week high -6.6%-33.1%-5.7% -2.5%
52-week high $352.99$99.72$310.62 $779.14
52-week low $278.19$65.95$216.37 $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.

MultipleNSCUBERUNP
P/E now vs peer median 27.6xmedian 16.0x 14.2xmedian 17.5x 22.8xmedian 16.0x
P/S now vs peer median 5.7xmedian 1.0x 2.5xmedian 1.4x 6.6xmedian 1.0x
EV/EBITDA now vs peer median 16.2xmedian 8.7x 19.2xmedian 14.9x 15.4xmedian 8.7x
P/FCF now vs peer median 45.0xmedian 11.5x 13.4xmedian 11.2x 26.0xmedian 11.5x
P/B now vs peer median 4.4xmedian 1.2x 4.8xmedian 1.7x 7.9xmedian 1.2x
PEG now vs peer median 3.07median 0.82 0.07median 0.42 3.23median 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 monthsNSCUBERUNP
Revenue $12.96B $55.23B $26.36B
Gross profit – $23.36B –
Operating income $4.09B $6.70B $10.57B
Net income $2.68B $9.67B $7.62B
Free cash flow $1.65B $10.12B $6.69B
R&D – $3.74B –
EPS (diluted) $11.92 $4.67 $12.81
Cash & equivalents $1.60B $4.87B $2.21B
Total debt $67.41B $12.72B $123.11B
Shares (diluted) 225.20M 2.05B 594.50M
Enterprise value $69.50B $106.40B $168.45B

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
MetricNSCUBERUNP
P/E 27.6x 14.2x 22.8x
P/FCF 45.0x 13.4x 26.0x
P/Operating cash flow 19.6x 13.0x 16.5x
P/S 5.7x 2.5x 6.6x
P/B 4.4x 4.8x 7.9x
P/Tangible book 4.4x 5.0x 7.9x
EV/EBITDA 16.2x 19.2x 15.4x
EV/EBIT 21.8x 21.4x 19.1x
EV/Revenue 6.9x 2.6x 7.6x
EV/FCF 54.1x 14.2x 30.1x
EV/Operating cash flow 23.6x 13.8x 19.1x
PEG (3Y EPS CAGR) 3.07 0.07 3.23

Growth

14 metrics
MetricNSCUBERUNP
Revenue growth (1Y) 6.0% 16.7% 7.4%
Revenue CAGR (3Y) 1.7% 16.4% 3.0%
Gross profit growth (1Y) – 24.4% –
Gross profit CAGR (3Y) – 19.3% –
Operating income growth (1Y) -10.2% 48.6% 6.0%
Operating income CAGR (3Y) 8.2% 139.2% 5.2%
Net income growth (1Y) -9.4% -23.4% 8.0%
Net income CAGR (3Y) 8.7% 203.6% 6.2%
EPS growth (1Y) -9.6% -21.3% 7.8%
EPS CAGR (3Y) 9.0% 203.6% 7.1%
Operating cash flow growth (1Y) -11.0% 18.6% 8.2%
Operating cash flow CAGR (3Y) 4.6% 73.8% 8.3%
Free cash flow growth (1Y) -21.5% 18.5% 11.3%
Free cash flow CAGR (3Y) 13.0% 79.7% 12.0%

Profitability

14 metrics
MetricNSCUBERUNP
Gross margin – 42.3% –
EBITDA margin 42.5% 13.5% 49.7%
Operating margin 31.5% 12.1% 40.1%
Pretax margin 26.4% 12.1% 37.6%
Net margin 20.7% 17.3% 28.9%
FCF margin 12.7% 18.3% 25.4%
Operating cash flow margin 29.2% 18.9% 39.9%
Return on equity 16.3% 35.9% 35.7%
Return on assets 5.9% 15.4% 10.6%
Return on invested capital 9.7% 17.4% 15.7%
Return on capital employed 9.8% 14.0% 15.9%
Asset turnover 0.3x 0.9x 0.4x
Cash conversion (OCF / net income) 1.4x 1.1x 1.4x
Stock comp / revenue – 3.5% –

Financial Health

11 metrics
MetricNSCUBERUNP
Debt / assets 36.2% 19.3% 41.8%
Debt / equity 1.0x 0.5x 1.4x
Net debt / EBITDA 2.7x 1.0x 2.1x
Debt / FCF 10.1x 1.3x 4.5x
Liabilities / assets 63.6% 57.1% 69.7%
Equity / assets 36.4% 42.9% 30.3%
Interest coverage 5.2x 14.5x 8.3x
Current ratio 0.9x 0.8x 1.2x
Quick ratio 0.8x 0.7x 0.9x
Cash ratio 0.4x 0.4x 0.6x
Altman Z-score 2.53 3.13 4.33

Shareholder Returns

7 metrics
MetricNSCUBERUNP
Dividend yield 1.6% – 1.9%
Net buyback yield 0.0% 5.0% 0.0%
Shareholder yield 1.7% 5.0% 1.9%
Payout ratio (earnings) 45.2% – –
Payout ratio (FCF) 73.6% – –
Dividend growth (1Y) -0.4% – –
Dividend CAGR (3Y) 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.

ConsensusNSCUBERUNP
Forward P/E 27.3xFY2026 19.1xFY2026 21.2xFY2026
EPS, next fiscal year $12.07FY2026 $3.49FY2026 $13.83FY2026
EPS growth, next FY -3.4%FY2026 -26.2%FY2026 +18.6%FY2026
EPS growth, the year after +24.5% +20.6% -1.4%
Revenue, next fiscal year $13.99BFY2026 $61.46BFY2026 $27.79BFY2026
Revenue growth, next FY +14.9%FY2026 +18.2%FY2026 +13.4%FY2026
Revenue growth, the year after +2.0% +15.9% +4.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNSCUBERUNP
Held by institutions 75.9% 82.5% 89.0%
Institutions holding 1,862 2,410 2,888
Change in shares held, QoQ +1.5% +1.3% +2.4%
Institutions buying 750 1,184 1,447
Institutions selling 631 976 985
Buyers to sellers 1.19 1.21 1.47

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.

NSCUBERUNP
NSC 1.00 0.07 0.94
UBER 0.07 1.00 0.07
UNP 0.94 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NSC, UBER and UNP?

Union Pacific (UNP) is the largest by market capitalisation: Norfolk Southern (NSC) $75.04B, Uber Technologies (UBER) $134.60B, Union Pacific (UNP) $176.20B.

Which stock is cheaper, NSC, UBER and UNP?

Uber Technologies (UBER) trades on the lowest price-to-earnings ratio (Norfolk Southern (NSC) 28.0x, Uber Technologies (UBER) 14.1x, Union Pacific (UNP) 23.1x). On next year's consensus earnings, Uber Technologies (UBER) is cheapest (Norfolk Southern (NSC) 27.3x, Uber Technologies (UBER) 19.1x, Union Pacific (UNP) 21.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Uber Technologies (UBER) grew revenue fastest over the trailing twelve months: Norfolk Southern (NSC) +6.0%, Uber Technologies (UBER) +16.7%, Union Pacific (UNP) +7.4%.

Which company is more profitable?

Union Pacific (UNP) has the highest net margin (Norfolk Southern (NSC) 20.7%, Uber Technologies (UBER) 17.3%, Union Pacific (UNP) 28.9%). On return on invested capital, Uber Technologies (UBER) leads (Norfolk Southern (NSC) 9.7%, Uber Technologies (UBER) 17.4%, Union Pacific (UNP) 15.7%).

Which stock has performed better?

Over the past year Union Pacific (UNP) returned the most: Norfolk Southern (NSC) +16.2%, Uber Technologies (UBER) -29.5%, Union Pacific (UNP) +33.1%. Over five years, Uber Technologies (UBER) compounded fastest (Norfolk Southern (NSC) +2.9%/yr, Uber Technologies (UBER) +7.9%/yr, Union Pacific (UNP) +4.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Norfolk Southern (NSC) 0.02%, Uber Technologies (UBER) 0.00%, Union Pacific (UNP) 0.00%. Uber Technologies (UBER) and Union Pacific (UNP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Norfolk Southern (NSC) has been the steadiest (Norfolk Southern (NSC) 20.9%, Uber Technologies (UBER) 35.4%, Union Pacific (UNP) 22.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NSC, UBER and UNP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Uber Technologies (UBER) leads on 7. 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.