Norfolk Southern (NSC) Price to Earnings (2009 - 2026)
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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();