NSCNorfolk Southern

$352.57

Is the price fair?

What NSC's price assumes

Norfolk Southern trades at 30.1× earnings against 27.6× for the median Railroads name, more expensive than its own group.

30.1

Trailing P/E · Railroads median 27.6 · 1.09× the median: the market pays up for this one

Price / sales
5.28

Price / sales · as of 2026-Q1

Free cash flow yield
2.4%

Free cash flow yield · Railroads median 3.7%

Growth the price implies
+15%

Growth the price implies · The price pays for +15% free cash flow growth a year for a decade; the business has delivered −6.5% a year over the last three.

Details
Price / book2026-Q1
4.07
Industrials median P/E346 names
29.9
Railroads median P/E8 names
27.6
Free cash flow, trailing twelve months
$1.63B
Market capitalisation
$67.4B
3-year revenue growth
−0.40%
3-year free cash flow growth
−6.5%
What the market has paid for these earnings: 38 quarters of its own multiple × $11.72 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$182.77
Its own P/E history, median$217.43
Its own P/E history, upper quartile$251.34
52-week range$268.69 – $352.99
Today$352.57

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.