Norfolk Southern (NSC) FCF Payout Ratio (2010 - 2026)
Norfolk Southern's (NSC) FCF Payout Ratio stood at 0.49 in Q2 2026, down 2.1% from 0.50 a year earlier.
Norfolk Southern (NSC) FCF Payout Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Norfolk Southern's FCF Payout Ratio came in at 0.74 as of Jun 30, 2026, up 54.8% year-over-year; for FY2025, it came in at 0.56, down 22.9% from FY2024.
- Across earlier years, FCF Payout Ratio came in at 0.73 in FY2024 (-49.2%), 1.44 in FY2023 (+180.2%), 0.51 in FY2022 (+39.0%) and 0.37 in FY2021 (-17.6%).
- Quarterly FCF Payout Ratio has ranged from 0.26 in Q3 2024 to 2.61 in Q3 2023 over the past five years.
- On a year-over-year basis, FCF Payout Ratio rose in two of the last five quarters, with growth averaging 4.2%.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 770.1% in Q3 2023, against a decline of 89.9% in Q3 2024 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 0.35 |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 0.21 |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 0.49 |
| 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
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.49 |
| 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 |
| 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 |
| Jun 30, 2021 | 0.34 |
| Mar 31, 2021 | 0.33 |
| Dec 31, 2020 | 0.55 |
Norfolk Southern FCF Payout Ratio 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=fcf-payout-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();