Norfolk Southern NSC
NYSE NSC
$323.40 -4.52 (-1.38%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Norfolk Southern's (NSC) quarterly EV to FCF came in at 113.16 in Q2 2026, up 21.23% year-over-year from 93.34 in Q2 2025, and up 106.81% quarter-over-quarter from 1660.99 in Q1 2026.

Analysis

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

Norfolk Southern (NSC) has reported EV to FCF for 18 consecutive years, with 113.16 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to FCF rose 21.23% year-over-year to 113.16 in Q2 2026; TTM through Jun 2026 was 42.67, a 93.02% increase from a year earlier, with the FY2025 full-year figure at 29.33, down 4.79% from the prior year.
  • EV to FCF was 113.16 for Q2 2026 at Norfolk Southern, up from 1660.99 in the prior quarter.
  • Over five years, EV to FCF peaked at 422.32 in Q4 2022 and troughed at 1660.99 in Q1 2026.
  • A 5-year average of 14.45 and a median of 92.5 in 2025 frame the typical range for EV to FCF.
  • Across the five-year window, EV to FCF surged 652.24% in 2023 and slumped 1688.37% in 2026, its largest moves.
  • Over 5 years, EV to FCF stood at 422.32 in 2022, then plunged by 175.22% to 317.66 in 2023, then surged by 158.71% to 186.51 in 2024, then grew by 1.56% to 189.42 in 2025, then slumped by 40.26% to 113.16 in 2026.
  • The last three EV to FCF figures came in at 113.16 (Q2 2026), 1660.99 (Q1 2026), and 189.42 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Union Pacific 169.15 Bn 167.03 Bn 6.50 Bn
2 Csx 89.70 Bn 88.31 Bn 3.29 Bn
3 Canadian Pacific Kansas City 79.86 Bn 79.59 Bn 2.92 Bn
4 Norfolk Southern 72.59 Bn 71.52 Bn -
5 FTAI Infrastructure 386.40 Mn 246.45 Mn 69.44 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 113.16
Mar 31, 2026 -1,660.99
Dec 31, 2025 189.42
Sep 30, 2025 91.65
Jun 30, 2025 93.34
Mar 31, 2025 104.57
Dec 31, 2024 186.51
Sep 30, 2024 47.50
Jun 30, 2024 46.26
Mar 31, 2024 -70.89
Dec 31, 2023 -317.66
Sep 30, 2023 367.75
Jun 30, 2023 332.82
Mar 31, 2023 64.04
Dec 31, 2022 422.32
Sep 30, 2022 48.89
Jun 30, 2022 91.61
Mar 31, 2022 109.76
Dec 31, 2021 142.17
Sep 30, 2021 69.38