Norfolk Southern NSC
NYSE NSC
$327.95 -5.28 (-1.58%)
At close: Nov 13, 2026 · 4:00 PM EST

Norfolk Southern (NSC) Price to Earnings (2009 - 2026)

Updated

Norfolk Southern's (NSC) Price to Earnings came in at 25.88 for Q3 2026, up 13.7% from 22.76 a year earlier but down 3.5% from the prior quarter.

Analysis

Norfolk Southern (NSC) Price to Earnings (2009 - 2026) Analysis & Trends

For FY2025, Norfolk Southern's Price to Earnings stood at 22.55, up 11.3% from FY2024.

  • In prior years, Norfolk Southern's Price to Earnings was 20.26 in FY2024 (-30.6%), 29.20 in FY2023 (+69.9%), 17.19 in FY2022 (-27.8%) and 23.79 in FY2021 (-20.0%).
  • Quarterly Price to Earnings has run from a low of 14.98 in Q3 2022 to a high of 40.72 in Q1 2024 over five years.
  • On a year-over-year basis, Price to Earnings has increased in each of the last four quarters, with growth averaging 0.2% over the last eight quarters.
  • The strongest year-over-year quarter for Price to Earnings in the past five years was Q1 2024, with growth of 155.9%; the weakest was Q1 2025, with a decline of 60.5%.
  • According to Business Quant data, Price to Earnings for the three prior quarters was 26.81 (Q2 2026), 24.14 (Q1 2026) and 22.55 (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Union Pacific 179.72 Bn 171.97 Bn -
2 Csx 95.95 Bn 91.18 Bn -
3 United Parcel Service 84.51 Bn 61.36 Bn 22.04 Bn
4 Canadian Pacific Kansas City 81.84 Bn 81.57 Bn 57.15 Mn
5 Fedex 76.69 Bn 42.88 Bn 18.84 Bn
6 Norfolk Southern 73.66 Bn 68.13 Bn -
7 Delta Air Lines 56.72 Bn 38.90 Bn -
8 Old Dominion Freight Line 36.07 Bn 34.91 Bn 1.56 Bn
9 United Airlines Holdings 35.51 Bn -22.18 Bn -
10 Ryanair Holdings 30.13 Bn 14.39 Bn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 25.88
Jun 30, 2026 26.81
Mar 31, 2026 24.14
Dec 31, 2025 22.55
Sep 30, 2025 22.76
Jun 30, 2025 17.16
Mar 31, 2025 16.09
Dec 31, 2024 20.26
Sep 30, 2024 23.27
Jun 30, 2024 27.04
Mar 31, 2024 40.72
Dec 31, 2023 29.20
Sep 30, 2023 21.31
Jun 30, 2023 20.03
Mar 31, 2023 15.91
Dec 31, 2022 17.19
Sep 30, 2022 14.98
Jun 30, 2022 17.59
Mar 31, 2022 22.40
Dec 31, 2021 23.79
API Access

Norfolk Southern Price to Earnings 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=price-to-earnings&ticker=NSC&period=max&api_key=YOUR_API_KEY