Norfolk Southern (NSC) Market Capitalization (2009 - 2026)
Norfolk Southern's Market Capitalization came in at $70.66 billion for Q2 2026, up 22.9% from $57.49 billion a year earlier and up 9.6% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Norfolk Southern's Market Capitalization was $64.79 billion, up 22.0% from FY2024.
- Market Capitalization carries a five-year compound annual growth rate of 1.6% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $53.12 billion in FY2024 (-0.4%), $53.35 billion in FY2023 (-5.1%), $56.2 billion in FY2022 (-21.4%) and $71.5 billion in FY2021 (+19.4%).
- The Q2 2026 figure represents the highest quarterly Market Capitalization since Q4 2021.
- Year-over-year, Market Capitalization has increased for five consecutive quarters, with growth averaging 15.3% over the last eight quarters.
- The fastest year-over-year change in Market Capitalization over five years came in Q3 2024 (growth of 26.2%), and the weakest in Q1 2023 (a decline of 29.0%).
- Business Quant data shows NSC's Market Capitalization at $64.46 billion (Q1 2026), $64.79 billion (Q4 2025) and $67.41 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.66 Bn |
| Mar 31, 2026 | 64.46 Bn |
| Dec 31, 2025 | 64.79 Bn |
| Sep 30, 2025 | 67.41 Bn |
| Jun 30, 2025 | 57.49 Bn |
| Mar 31, 2025 | 53.40 Bn |
| Dec 31, 2024 | 53.12 Bn |
| Sep 30, 2024 | 56.22 Bn |
| Jun 30, 2024 | 48.54 Bn |
| Mar 31, 2024 | 57.58 Bn |
| Dec 31, 2023 | 53.35 Bn |
| Sep 30, 2023 | 44.53 Bn |
| Jun 30, 2023 | 51.48 Bn |
| Mar 31, 2023 | 48.26 Bn |
| Dec 31, 2022 | 56.20 Bn |
| Sep 30, 2022 | 48.54 Bn |
| Jun 30, 2022 | 53.38 Bn |
| Mar 31, 2022 | 67.98 Bn |
| Dec 31, 2021 | 71.50 Bn |
| Sep 30, 2021 | 58.22 Bn |
API Access
Norfolk Southern Market Capitalization 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=market-capitalization&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();