NSC Fundamental Analysis & Score (2026)

Norfolk Southern Corporation Industrials Railroads
$319.27
Current Price
72/100
Buy
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Page generated: September 17, 2026 at 19:00 UTC

Key Financial Metrics

Market Cap
$71.71B
P/E Ratio (TTM)
27.2x
P/E Forward
22.3x
Revenue Growth
11.4%
Gross Margin
45.2%
Net Margin
21.0%
Return on Equity
17.0%
Debt/Equity
1.06

Rule-Based Financial Screen Summary

Norfolk Southern Corporation (NSC) is a Industrials company in the Railroads industry with a 72/100 Buy score. Key strengths include Revenue Growth (11.4%), Gross Margin (45.2%), Net Margin (21.0%). Areas to watch: Debt/Equity (1.06). The score on this page is a five-factor screen — revenue growth, gross margin, net margin, return on equity and debt-to-equity — each scored against fixed thresholds from a neutral starting point of 50 points. The eight-section analysis, including moat, free cash flow, dilution and valuation, runs in the full report.

Revenue Growth: Good Gross Margin: Good Net Margin: Excellent Return on Equity: Good Debt/Equity: High Risk

This page score and the strengths and concerns above are produced by deterministic, rule-based calculations from the available third-party financial inputs documented below. AI does not choose the score, strengths, or concerns. Data and automated summaries can contain errors. This is not personalized investment advice. See our methodology and disclaimer.

How this page score was calculated

The calculation starts at 50 points and applies the five fixed adjustments shown below. A missing input contributes zero. The current implementation also skips a provider-supplied numeric zero, which the table identifies separately. The pre-clamp result is 72; the published result is clamped to a minimum of 10 and maximum of 98, producing 72/100.

NSC score inputs and fixed adjustments
Input Displayed value Threshold applied Adjustment Data status
Revenue Growth 11.4% > 10% to 20% +8 Available
Gross Margin 45.2% > 35% to 50% +6 Available
Net Margin 21.0% > 20% +10 Available
Return on Equity 17.0% > 12% to 20% +6 Available
Debt/Equity 1.06 1.00 or higher -8 Available

Score bands

80 or higher: Strong Buy; 65–79: Buy; 50–64: Hold; below 50: Caution.

These are fixed names for score ranges. The score is not a success probability, recommendation, or forecast, and 80/100 does not mean an 80% chance of a gain.

Not included in this score

  • Peer results or relative peer ranking
  • Demand zones or liquidity
  • Technical momentum
  • News or market sentiment
  • DCF valuation or the downloadable report score

Sources, freshness, and limitations

This page was generated . The provider identifies the latest underlying financial period as June 30, 2026. The displayed market quote is dated September 17, 2026. Generation time is not the same as the date of the underlying filing or market observation.

Financial inputs may be delayed, restated, differently standardized by the data provider, or unavailable. Missing values receive no positive or negative adjustment rather than being estimated. This can make a sparse-data score less informative. The screen does not capture every business, market, valuation, or portfolio risk, and investors can lose money.

Recent Catalysts for NSC

4 data points sit outside the score itself but bear on Norfolk Southern Corporation's next few quarters. They are reported here as observations, not predictions:

The provider-reported analyst mean target is $365.28 (+14.4% from the displayed price), based on 18 estimates. This is third-party opinion, not a StrongBuyAnalytics target.
The provider-reported third-party analyst consensus category is Hold; it is not a StrongBuyAnalytics recommendation.
The current provider record reports institutional ownership of 77.6%.
The current provider record reports a dividend yield of 1.70%.

Main Risks for NSC Investors

3 measurable risks showed up in Norfolk Southern Corporation's numbers. This is not a complete list of what could go wrong — only what is visible in the data we score:

Debt/Equity (1.06)
The provider-reported short ratio is 5.0 days to cover. Short-interest data can be delayed and may reflect hedging or other strategies, so it does not establish investor intent or future direction.
The reported debt-to-equity ratio is above 1. Higher leverage can increase sensitivity to weaker cash flow or higher borrowing costs, but the ratio requires company and industry context.

NSC Balance Sheet & Cash Flow

Norfolk Southern Corporation's liquidity and cash generation as of the most recent filing — note the cash position of $1.07B against $17.15B of debt:

Total Cash
$1.07B
Total Debt
$17.15B
Current Ratio
0.83
FCF Yield
1.9%
EBITDA
$5.66B
Operating Margin
35.3%

These are provider-normalized figures and may differ from the issuer's as-filed presentation, units, or latest amendment. Use source filings for verification.

NSC Valuation Snapshot

Trailing P/E
27.2x
Growth premium
Forward P/E
22.3x
Earnings growth expected
Price / Book
4.4x
Premium
PEG Ratio
3.74
Expensive vs growth
Analyst Target (Mean)
$365.28
Range: $297 – $414
Dividend Yield
1.70%
5Y avg: 2.04%
52-Week Price Range — NSC is trading at 51% of its range
$277.76 (52W Low) $358.60 (52W High)

Who Holds NSC? — Institutional 13F Filings

Institutional investment managers with >$100 M in qualifying assets must disclose their equity positions quarterly on SEC Form 13F — typically within 45 days of quarter-end. Search those filings below to see which hedge funds, mutual funds, and asset managers reported NSC as a holding, how many shares they held, and how positions changed quarter over quarter.

Search 13F Filings for NSC Free · no sign-in required · live SEC EDGAR data
What you see free
Which institutions reported NSC, share counts, reported values, and direct links to the SEC filing.
Research Pro adds
Full manager portfolios — every position a fund holds, quarter-over-quarter changes, and concentration weights.
Data limitation
13F shows long equity positions as of the filing date. Short positions, full derivatives, and current intent are not disclosed.

How to Interpret the NSC Fundamentals Score

NSC rates 72/100 on our five-factor fundamentals screen, which puts it in the "Buy" band. The band name describes a fixed range in this model; it is not a recommendation or prediction. The calculation above shows how each reported input affected the result.

72/100 · Buy band

Norfolk Southern Corporation clears our thresholds on most of what we measure. The strongest readings are revenue growth (11.4%) and gross margin (45.2%). It is not unqualified: debt/equity (1.06) works against it.

NSC Earnings & Revenue Outlook

Norfolk Southern Corporation reported revenue growth of 11.4% year over year, against a Railroads peer set where scale and pricing power vary widely. That is solid but not exceptional, so it lifts the score without dominating it.

Earnings fell -4.4% over the same period, trailing revenue, which points to cost or margin pressure.

Track upcoming report dates on our earnings calendar.

NSC Fundamental Factors to Monitor

This is a review of reported fundamentals, not a price target or an estimate of future returns. These are the current figures that may be useful to monitor as new filings become available.

Current reading: Revenue growth of 11.4% is above the model's 10% threshold. Net margins of 21.0% show how much reported revenue currently converts to profit. Future filings may change either figure and the resulting score.

Positive Fundamental Inputs for NSC

These are the Norfolk Southern Corporation figures that push the score up, taken straight from the most recent reported financials:

  • Revenue Growth (11.4%)
  • Gross Margin (45.2%)
  • Net Margin (21.0%)
  • Return on Equity (17.0%)

Negative Fundamental Inputs & Risks for NSC

These are the figures working against NSC in the same model:

  • Debt/Equity (1.06)

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See how the metrics on this NSC page — quality score, valuation, DCF scenarios, confidence labels, and data limitations — are organized in the downloadable research report.

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Guides to the specific measures used in this NSC analysis:

Fundamental Analysis Guide

How the financial statements behind this page fit together.

Understanding P/E Ratio

What NSC's 27.2x multiple does and does not tell you.

Return on Equity (ROE)

Why NSC's 17.0% return on equity matters for stock selection.

Stock Valuation Methods

How DCF, multiples and asset-based approaches value a company like Norfolk Southern Corporation.

How to Read Earnings Reports

Where the NSC growth and margin figures on this page come from.

What Are Demand Zones?

The technical side we deliberately keep out of the NSC score.

Related Tools for NSC

Demand Zone Analyzer NSC Live Chart NSC SEC Filing News Earnings Calendar Institutional Ownership Sector Scanner Average Down Calculator

NSC SEC Filing News

Latest SEC filings for NSC explained in plain English — insider buys/sells (Form 4), proposed sales (Form 144), material events (8-K), and quarterly & annual reports.

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Frequently Asked Questions about NSC

What are key support and resistance levels for NSC?
Support and resistance are technical levels, so they are not part of the fundamentals score. You can see current NSC demand zones (support) and supply zones (resistance) on our demand zones page. With NSC at $319.27, the tool shows how far the stock sits from the nearest zone.
Is the NSC analysis PDF report free?
Your first NSC report is free and does not require a card. The score on this page is a five-factor screen; the report runs the deeper eight-section analysis, adding moat, free cash flow, share dilution and valuation work that is not on this page. Further reports are covered by a subscription; see pricing for the current plans.

This NSC analysis is for educational and informational purposes only and does not constitute financial advice. Figures come from third-party feeds and can be delayed, standardized, incomplete, or inaccurate; verify material facts in primary filings and identified sources. Past performance does not guarantee future results. Read our full disclaimer.