Norfolk Southern (NSC) Payout Ratio (2011 - 2026)
Norfolk Southern's Payout Ratio came in at 0.46 for Q2 2026, up 26.3% from 0.36 a year earlier and up 1.3% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Payout Ratio (2011 - 2026) Analysis & Trends
For FY2025, Norfolk Southern's Payout Ratio was 0.42, down 9.2% from FY2024.
- Going back by year, Payout Ratio was 0.47 in FY2024 (-30.5%), 0.67 in FY2023 (+87.9%), 0.36 in FY2022 (+4.3%) and 0.34 in FY2021 (-28.3%).
- The Q2 2026 figure represents the highest quarterly Payout Ratio since Q4 2024.
- Year-over-year, Payout Ratio increased in two of the last eight quarters, with an average decline of 15.6%.
- The fastest year-over-year change in Payout Ratio over five years came in Q1 2024 (growth of 122.9%), and the weakest in Q1 2025 (a decline of 57.4%).
- Business Quant data shows NSC's Payout Ratio at 0.45 (Q1 2026), 0.42 (Q4 2025) and 0.41 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.37 |
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.68 |
| Mar 31, 2024 | 0.86 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.34 |
API Access
Norfolk Southern 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=payout-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payout-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();