Norfolk Southern (NSC) FCF Payout Ratio (2009 - 2026)
Norfolk Southern (NSC) posted quarterly FCF Payout Ratio of 0.49 for Q2 2026, down 2.11% year-over-year from 0.5 in Q2 2025, and up 106.18% quarter-over-quarter from 7.97 in Q1 2026.
Norfolk Southern (NSC) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported FCF Payout Ratio for 18 consecutive years, with 0.49 the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 2.11% year-over-year to 0.49; the TTM figure through Jun 2026 stood at 0.74 (up 54.83% YoY), while the FY2025 annual figure was 0.56, down 22.91% from the prior year.
- FCF Payout Ratio climbed to 0.49 in Q2 2026 per NSC's latest filing, from 7.97 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 2.61 in Q3 2023 and bottomed at 7.97 in Q1 2026.
- Historically, FCF Payout Ratio has averaged 0.16 across 5 years, with a median of 0.49 in 2026.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio surged 770.14% — and 2026, when it tumbled 1405.5%.
- Norfolk Southern's FCF Payout Ratio stood at 2.17 in 2022, then tumbled by 186.36% to 1.87 in 2023, then jumped by 159.25% to 1.11 in 2024, then declined by 18.18% to 0.91 in 2025, then sank by 45.69% to 0.49 in 2026.
- Business Quant data shows NSC's FCF Payout Ratio at 0.49 in Q2 2026, 7.97 in Q1 2026, and 0.91 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 182.58 Bn | 180.47 Bn | 6.50 Bn | 0.37 |
| 2 | Csx | 95.72 Bn | 94.33 Bn | 3.29 Bn | 0.35 |
| 3 | Canadian Pacific Kansas City | 85.71 Bn | 85.44 Bn | 2.92 Bn | 0.24 |
| 4 | Canadian National Railway | 79.38 Bn | 79.38 Bn | - | - |
| 5 | Norfolk Southern | 78.72 Bn | 77.65 Bn | - | 0.49 |
| 6 | Westinghouse Air Brake Technologies | 50.38 Bn | 49.71 Bn | 1.16 Bn | 0.14 |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | -1.56 |
| 8 | Greenbrier Companies | 1.43 Bn | 1.15 Bn | 81.10 Mn | -0.06 |
| 9 | Foster L B | 392.93 Mn | 387.15 Mn | 30.87 Mn | - |
| 10 | FreightCar America | 235.01 Mn | 170.72 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.49 |
| Mar 31, 2026 | -7.97 |
| Dec 31, 2025 | 0.91 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.50 |
| Mar 31, 2025 | 0.61 |
| Dec 31, 2024 | 1.11 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | -0.38 |
| Dec 31, 2023 | -1.87 |
| Sep 30, 2023 | 2.61 |
| Jun 30, 2023 | 2.01 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 2.17 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.33 |