Norfolk Southern (NSC) Dividend Coverage Ratio (2010 - 2026)
Norfolk Southern's Dividend Coverage Ratio came in at 2.42 for Q2 2026, down 4.4% from 2.53 a year earlier but up 34.2% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Norfolk Southern reported Dividend Coverage Ratio of 2.17, down 20.8% year-over-year; for FY2025, it came in at 2.36, up 10.1% from FY2024.
- Going back by year, Dividend Coverage Ratio was 2.15 in FY2024 (+44.0%), 1.49 in FY2023 (-46.8%), 2.80 in FY2022 (-4.1%) and 2.92 in FY2021 (+39.4%).
- The five-year range for quarterly Dividend Coverage Ratio is 0.17 (Q1 2024) to 3.60 (Q3 2024).
- Year-over-year, Dividend Coverage Ratio has declined for four consecutive quarters, with growth averaging 13.8% over the last seven quarters.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q3 2024 (growth of 129.9%), and the weakest in Q1 2024 (a decline of 88.6%).
- Business Quant data shows NSC's Dividend Coverage Ratio at 1.81 (Q1 2026), 2.13 (Q4 2025) and 2.35 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 3.85 |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 5.02 |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 2.42 |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | - |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.42 |
| Mar 31, 2026 | 1.81 |
| Dec 31, 2025 | 2.13 |
| Sep 30, 2025 | 2.35 |
| Jun 30, 2025 | 2.53 |
| Mar 31, 2025 | 2.45 |
| Dec 31, 2024 | 2.40 |
| Sep 30, 2024 | 3.60 |
| Jun 30, 2024 | 2.42 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 1.73 |
| Sep 30, 2023 | 1.57 |
| Jun 30, 2023 | 1.16 |
| Mar 31, 2023 | 1.52 |
| Dec 31, 2022 | 2.76 |
| Sep 30, 2022 | 3.30 |
| Jun 30, 2022 | 2.79 |
| Mar 31, 2022 | 2.37 |
| Dec 31, 2021 | 2.88 |
| Sep 30, 2021 | 2.81 |
API Access
Norfolk Southern Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();