Norfolk Southern NSC
NYSE NSC
$309.57 -3.43 (-1.10%)
As of: Sep 30, 2026 · 3:59 PM EDT

Norfolk Southern (NSC) EV to CFO (2009 - 2026)

Updated

Norfolk Southern's (NSC) EV to CFO came in at 18.65 for Q2 2026, up 39.5% from 13.37 a year earlier and up 10.9% from the prior quarter.

Analysis

Norfolk Southern (NSC) EV to CFO (2009 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, EV to CFO at Norfolk Southern was 17.50, up 39.9% year-over-year; for FY2025, it was 14.51, up 14.2% from FY2024.

  • In prior years, Norfolk Southern's EV to CFO was 12.70 in FY2024 (-22.0%), 16.29 in FY2023 (+23.4%), 13.20 in FY2022 (-20.5%) and 16.61 in FY2021 (+2.7%).
  • The Q2 2026 figure stands as the highest quarterly EV to CFO since Q1 2024.
  • On a year-over-year basis, EV to CFO has increased in each of the last four quarters, with growth averaging 4.5% over the last eight quarters.
  • The strongest year-over-year quarter for EV to CFO in the past five years was Q1 2024, with growth of 84.6%; the weakest was Q1 2025, with a decline of 37.1%.
  • According to Business Quant data, EV to CFO for the three prior quarters was 16.81 (Q1 2026), 14.51 (Q4 2025) and 15.53 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Union Pacific 162.83 Bn 157.35 Bn -
2 Csx 86.94 Bn 83.15 Bn -
3 Canadian Pacific Kansas City 76.07 Bn 75.78 Bn -
4 United Parcel Service 70.39 Bn 47.31 Bn -
5 Norfolk Southern 70.35 Bn 64.99 Bn -
6 Fedex 68.01 Bn 33.95 Bn -
7 Delta Air Lines 55.83 Bn 38.01 Bn -
8 Old Dominion Freight Line 36.82 Bn 36.08 Bn -
9 Ryanair Holdings 28.96 Bn 12.97 Bn 3.13 Bn
10 Copart 25.14 Bn 9.56 Bn 645.66 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.65
Mar 31, 2026 16.81
Dec 31, 2025 14.51
Sep 30, 2025 15.53
Jun 30, 2025 13.37
Mar 31, 2025 12.58
Dec 31, 2024 12.70
Sep 30, 2024 14.64
Jun 30, 2024 14.93
Mar 31, 2024 20.01
Dec 31, 2023 16.29
Sep 30, 2023 13.02
Jun 30, 2023 12.55
Mar 31, 2023 10.84
Dec 31, 2022 13.20
Sep 30, 2022 10.84
Jun 30, 2022 12.50
Mar 31, 2022 15.68
Dec 31, 2021 16.61
Sep 30, 2021 13.57
API Access

Norfolk Southern EV to CFO 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=ev-to-cfo&ticker=NSC&period=max&api_key=YOUR_API_KEY