Norfolk Southern (NSC) Payout Ratio (2009 - 2026)
Norfolk Southern's (NSC) quarterly Payout Ratio came in at 0.41 in Q2 2026, up 4.63% year-over-year from 0.39 in Q2 2025, and down 25.48% quarter-over-quarter from 0.55 in Q1 2026.
Analysis
Norfolk Southern (NSC) Payout Ratio (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported Payout Ratio for 18 consecutive years, with 0.41 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payout Ratio rose 4.63% year-over-year to 0.41 in Q2 2026; TTM through Jun 2026 was 0.46, a 26.25% increase from a year earlier, with the FY2025 full-year figure at 0.42, down 9.18% from the prior year.
- Payout Ratio was 0.41 for Q2 2026 at Norfolk Southern, down from 0.55 in the prior quarter.
- Over five years, Payout Ratio peaked at 5.75 in Q1 2024 and troughed at 0.28 in Q3 2024.
- A 5-year average of 0.76 and a median of 0.42 in 2022 frame the typical range for Payout Ratio.
- Across the five-year window, Payout Ratio soared 773.52% in 2024 and sank 92.91% in 2025, its largest moves.
- Over 5 years, Payout Ratio stood at 0.36 in 2022, then jumped by 59.86% to 0.58 in 2023, then fell by 27.87% to 0.42 in 2024, then increased by 12.7% to 0.47 in 2025, then retreated by 12.26% to 0.41 in 2026.
- The last three Payout Ratio figures came in at 0.41 (Q2 2026), 0.55 (Q1 2026), and 0.47 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 172.02 Bn | 169.90 Bn | 6.50 Bn |
| 2 | Csx | 91.53 Bn | 90.15 Bn | 3.29 Bn |
| 3 | Canadian Pacific Kansas City | 80.52 Bn | 80.97 Bn | 2.92 Bn |
| 4 | Norfolk Southern | 73.97 Bn | 72.91 Bn | - |
| 5 | FTAI Infrastructure | 403.00 Mn | 74.11 Mn | 69.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.41 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.42 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 5.75 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.64 |
| Jun 30, 2023 | 0.87 |
| Mar 31, 2023 | 0.66 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.36 |