NSC vs UNP

Norfolk Southern and Union Pacific Corporation, both Industrials

Union Pacific Corporation is the larger company at $153B against $67B. On trailing earnings UNP is the cheaper of the two at a P/E of 25.1 against 30.1, a gap that is only a bargain if the two are growing at similar rates. Over the past year UNP returned +41% against +26% for NSC. Ryufin's sector-relative Smart Score puts UNP ahead, 9/10 against 6/10.

Norfolk Southern and Union Pacific Corporationcompared on valuation, return and Ryufin’s Smart Score
FigureNSCUNP
Last close$353$311
Market cap$67B$153B
Trailing P/Elower is cheaper for the same earnings, not automatically better30.125.1
Dividend yield1.5%1.8%
1-year return+26%+41%
5-year return+52%+59%
Ryufin Smart Scoresector-relative, 1–106/109/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Norfolk Southern

Revenue of $3.5B in Q2 2026, net income $734M. Its largest reported line is Agriculture Forest And Consumer Products, 32% of the disclosed total.

Union Pacific Corporation

Revenue of $6.9B in Q2 2026, net income $2.0B. Its largest reported line is Industrial, 33% of the disclosed total.

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