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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |