Norfolk Southern (NSC) EV to CFO (2009 - 2026)
Norfolk Southern's (NSC) EV to CFO came in at 17.94 for Q3 2026, up 15.5% from 15.53 a year earlier but down 3.8% from the prior quarter.
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Analysis
Norfolk Southern (NSC) EV to CFO (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to CFO at Norfolk Southern was 16.89, up 15.7% 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%).
- Quarterly EV to CFO has run from a low of 10.84 in Q3 2022 to a high of 20.01 in Q1 2024 over five years.
- On a year-over-year basis, EV to CFO has increased in each of the last five quarters, with growth averaging 4.9% 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 18.65 (Q2 2026), 16.81 (Q1 2026) and 14.51 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.94 |
| 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 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();