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Norfolk Southern NSC Enterprise value

Enterprise value at other companies

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Canadian Pacific Kansas CityCP
$94.7B
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Union PacificUNP
$144.16B-17.2%
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CSXCSX
$75.84B+2.6%
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$49B+41.6%
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Old Dominion Freight LineODFL
$40.48B+15.4%
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JB Hunt Transport ServicesJBHT
$21.34B+30.7%

Other financials

Income statement

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Revenue$3.0B+0.2%
Operating income$877.0M-23.5%
Net income$547.0M-27.1%
EPS (diluted)$2.43-26.6%

Balance sheet

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Cash & equivalents$1.3B+33.3%
Total equity$15.8B+8.9%
Total assets$45.1B+3.0%

Cash flow

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Operating cash flow$344.0M-63.8%
CapEx$382.0M-14.9%
Free cash flow-$38.0M-108%

Valuation

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Market cap$67.5B+20.2%
P/E25.3×+8.4×
P/S5.5×+0.9×

Profitability

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Operating margin33.5%-7.8pp
Net margin21.9%-5.5pp

Returns & leverage

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Return on equity17.6%-6.9pp
Debt / equity0.0×
Current ratio0.9×+0.1×

Where this comes from

Calculated from Norfolk Southern’s reported figures.

The official record: Norfolk Southern’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Norfolk Southern's enterprise value?
Norfolk Southern (NSC) reported enterprise value of $63.49B in Q4 2025.
How has Norfolk Southern's enterprise value changed year-over-year?
Norfolk Southern's enterprise value increased by 22.7% year-over-year, from $51.74B to $63.49B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.