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

Norfolk Southern (NSC) has reported EV to EBITDA for 18 consecutive years, with 46.96 the latest figure, recorded in Q2 2026.

• On a quarterly basis, EV to EBITDA rose 27.1% year-over-year to 46.96 in Q2 2026; TTM through Jun 2026 was 12.78, a 45.99% increase from a year earlier, with the FY2025 full-year figure at 11.0, up 15.95% from the prior year.
• EV to EBITDA was 46.96 for Q2 2026 at Norfolk Southern, down from 51.36 in the prior quarter.
• Over five years, EV to EBITDA peaked at 103.5 in Q1 2024 and troughed at 28.55 in Q3 2024.
• A 5-year average of 44.52 and a median of 42.63 in 2023 frame the typical range for EV to EBITDA.
• Across the five-year window, EV to EBITDA jumped 123.9% in 2024 and slumped 66.07% in 2025, its largest moves.
• Over 5 years, EV to EBITDA stood at 37.41 in 2022, then gained by 21.61% to 45.5 in 2023, then retreated by 23.19% to 34.95 in 2024, then surged by 40.33% to 49.04 in 2025, then retreated by 4.25% to 46.96 in 2026.
• The last three EV to EBITDA figures came in at 46.96 (Q2 2026), 51.36 (Q1 2026), and 49.04 (Q4 2025), per Business Quant data.