Norfolk Southern (NSC) EV to FCF (2009 - 2026)
Norfolk Southern's (NSC) EV to FCF came in at 42.67 for Q2 2026, up 93.0% from 22.11 a year earlier and up 9.4% from the prior quarter.
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Analysis
Norfolk Southern (NSC) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Norfolk Southern was 40.04, up 93.6% year-over-year; for FY2025, it was 29.33, down 4.8% from FY2024.
- In prior years, Norfolk Southern's EV to FCF was 30.81 in FY2024 (-49.3%), 60.77 in FY2023 (+147.9%), 24.51 in FY2022 (-3.4%) and 25.37 in FY2021 (-7.5%).
- The Q2 2026 figure stands as the highest quarterly EV to FCF since Q3 2024.
- On a year-over-year basis, EV to FCF increased in three of the last seven quarters, with growth averaging 8.4%.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q2 2024, with growth of 910.1%; the weakest was Q2 2025, with a decline of 91.4%.
- According to Business Quant data, EV to FCF for the three prior quarters was 39.01 (Q1 2026), 29.33 (Q4 2025) and 31.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.67 |
| Mar 31, 2026 | 39.01 |
| Dec 31, 2025 | 29.33 |
| Sep 30, 2025 | 31.44 |
| Jun 30, 2025 | 22.11 |
| Mar 31, 2025 | 17.61 |
| Dec 31, 2024 | 30.81 |
| Sep 30, 2024 | 44.84 |
| Jun 30, 2024 | 257.43 |
| Dec 31, 2023 | 60.77 |
| Sep 30, 2023 | 37.51 |
| Jun 30, 2023 | 25.49 |
| Mar 31, 2023 | 19.76 |
| Dec 31, 2022 | 24.51 |
| Sep 30, 2022 | 17.93 |
| Jun 30, 2022 | 20.94 |
| Mar 31, 2022 | 25.15 |
| Dec 31, 2021 | 25.37 |
| Sep 30, 2021 | 20.89 |
| Jun 30, 2021 | 24.66 |
API Access
Norfolk Southern EV to FCF 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-fcf&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();