Norfolk Southern (NSC) FCF Margin (2009 - 2026)
Norfolk Southern (NSC) reported FCF Margin of 1.27% for Q1 2026, down 1801.0% year-over-year from 0.07% in Q1 2025, and down 101.49% on a QoQ basis from 85.34% in Q4 2025.
Norfolk Southern (NSC) has 18 years of FCF Margin data on file, last reported at 1.27% in Q1 2026.
- Quarterly FCF Margin fell 1801.0% year-over-year to 1.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.37% (up 71.0% YoY) and the FY2025 annual result came in at 35.8%, up 1593.0% from the prior year.
- FCF Margin declined to 1.27% in Q1 2026 per NSC's latest filing, from 85.34% in the prior quarter.
- Across five years, FCF Margin topped out at 85.34% in Q4 2025 and bottomed at 26.73% in Q1 2024.
- The 5-year median for FCF Margin is 20.75% (2022), against an average of 23.26%.
- The widest annual swing landed in 2023, when FCF Margin soared 6563 bps; it then plunged 6418 bps in 2024.
- Tracing NSC's FCF Margin over 5 years: stood at 4.08% in 2022, then jumped by 1609 bps to 69.7% in 2023, then tumbled by 55 bps to 31.45% in 2024, then surged by 171 bps to 85.34% in 2025, then sank by 101 bps to 1.27% in 2026.
- Per Business Quant, the three latest NSC FCF Margin figures stand at 1.27% (Q1 2026), 85.34% (Q4 2025), and 6.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 24.18% |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 20.94% |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | -1.27% |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 8.43% |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 5.19% |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | -10.45% |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 21.89% |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | -11.06% |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.27% |
| Dec 31, 2025 | 85.34% |
| Sep 30, 2025 | -6.57% |
| Jun 30, 2025 | 49.07% |
| Mar 31, 2025 | 16.74% |
| Dec 31, 2024 | 31.45% |
| Sep 30, 2024 | 23.21% |
| Jun 30, 2024 | 51.02% |
| Mar 31, 2024 | -26.73% |
| Dec 31, 2023 | 69.70% |
| Sep 30, 2023 | 3.94% |
| Jun 30, 2023 | -9.23% |
| Mar 31, 2023 | 37.45% |
| Dec 31, 2022 | 4.08% |
| Sep 30, 2022 | 28.96% |
| Jun 30, 2022 | 17.51% |
| Mar 31, 2022 | 20.75% |
| Dec 31, 2021 | 17.43% |
| Sep 30, 2021 | 28.68% |
| Jun 30, 2021 | 25.72% |
| Mar 31, 2021 | 28.42% |
| Dec 31, 2020 | 16.67% |
| Sep 30, 2020 | 27.57% |
| Jun 30, 2020 | 20.82% |
| Mar 31, 2020 | 22.44% |
| Dec 31, 2019 | 13.75% |
| Sep 30, 2019 | 18.66% |
| Jun 30, 2019 | 19.11% |
| Mar 31, 2019 | 14.58% |
| Dec 31, 2018 | 7.49% |
| Sep 30, 2018 | 19.27% |
| Jun 30, 2018 | 19.22% |
| Mar 31, 2018 | 15.94% |
| Dec 31, 2017 | 14.24% |
| Sep 30, 2017 | 17.12% |
| Jun 30, 2017 | 10.81% |
| Mar 31, 2017 | 15.84% |
| Dec 31, 2016 | 5.58% |
| Sep 30, 2016 | 20.13% |
| Jun 30, 2016 | 0.77% |
| Mar 31, 2016 | 19.88% |
| Dec 31, 2015 | 3.65% |
| Sep 30, 2015 | -6.78% |
| Jun 30, 2015 | 13.86% |
| Mar 31, 2015 | 9.31% |
| Dec 31, 2014 | -5.92% |
| Sep 30, 2014 | 11.21% |
| Jun 30, 2014 | 13.84% |
| Mar 31, 2014 | 7.70% |
| Dec 31, 2013 | 6.00% |
| Sep 30, 2013 | 11.05% |
| Jun 30, 2013 | 9.92% |
| Mar 31, 2013 | 12.56% |
| Dec 31, 2012 | -4.84% |
| Sep 30, 2012 | 9.62% |
| Jun 30, 2012 | 4.21% |
| Mar 31, 2012 | 20.58% |
| Dec 31, 2011 | -9.44% |
| Sep 30, 2011 | 17.96% |
| Jun 30, 2011 | 20.34% |
| Mar 31, 2011 | 8.74% |
| Dec 31, 2010 | 0.96% |
| Sep 30, 2010 | 16.61% |
| Jun 30, 2010 | 12.80% |
| Mar 31, 2010 | 22.43% |
| Dec 31, 2009 | 4.99% |
| Sep 30, 2009 | 18.37% |
| Jun 30, 2009 | -1.83% |
| Mar 31, 2009 | 5.71% |