Norfolk Southern (NSC) EV to CFO (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import 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();