
Norfolk Southern Corporation (NSC)
Norfolk Southern is a major American railway company that moves everything from coal and grain to cars and chemicals across the eastern United States.
Is Norfolk Southern Corporation a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Essential service with a wide, established network. Worth weighing: Recent earnings growth has been negative.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Norfolk Southern Corporation do?
Think of Norfolk Southern as the backbone of American industry, operating a massive network of tracks that keeps goods flowing across the country. Businesses pay to have heavy freight transported, making the company a vital link in the supply chain. The big thing to watch right now is how they manage their operational costs and efficiency, especially as they work to recover from recent challenges and improve their bottom line.
On our factor screen it looks strongest on momentum and quality, and weakest on value.
- ✓Pays a dividend - about 1.6% a year
- ✓Growing - revenue up about 11% over the year
- ✓Very profitable - turns about 21% of sales into profit
- ✓Strong return on shareholder money (ROE 17%)
Does Norfolk Southern Corporation pay a dividend?
Yes - Norfolk Southern Corporation currently pays a dividend of about 1.6% a year, which is £16 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →
What do the numbers say about Norfolk Southern Corporation's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
Most recent ex-dividend date: 7 Aug 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →
Does Norfolk Southern Corporation have more cash or more debt?
It holds about $1.07B in cash against about $17.15B of debt - so it has net debt of about $16.08B. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do Norfolk Southern Corporation's numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Norfolk Southern Corporation actually fallen?
Over the last 2 years of daily prices, Norfolk Southern Corporation fell as much as −26% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns Norfolk Southern Corporation?
About 79% of Norfolk Southern Corporation, or about 79 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 21%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Norfolk Southern Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Where does each £100 of Norfolk Southern Corporation's sales go?
A rough split of the latest full-year figures: of every £100 of sales, about £55 covers making the product or service, £24 goes on running costs, tax and interest, and about £21 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.
When does Norfolk Southern Corporation report earnings, and how did recent quarters go?
Norfolk Southern Corporation is next scheduled to report on about 2026-10-22 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-23 | $3.32 | $3.52 | Beat +6% |
| 2026-04-24 | $2.49 | $2.65 | Beat +6% |
| 2026-01-29 | $2.76 | $3.22 | Beat +17% |
| 2025-10-23 | $3.20 | $3.30 | Beat +3% |
| 2025-07-29 | $3.31 | $3.29 | In line |
| 2025-04-23 | $2.68 | $2.69 | In line |
Across the last 6 quarters here, Norfolk Southern Corporation came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Norfolk Southern Corporation?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Long-term infrastructure investment drives sustained volume growth.
Structural decline in key commodities like coal impacts revenue.
What are the pros and cons of Norfolk Southern Corporation?
A balance check, not a score or verdict.
- Essential service with a wide, established network
- Strong profit margins for a heavy industry business
- Reliable dividend payments for income-focused investors
- Recent earnings growth has been negative
- High sensitivity to economic downturns
- Significant capital required to maintain tracks and equipment
- Potential for costly accidents or safety-related regulatory fines
- Rising labour costs and union negotiations
- Dependence on specific industries like coal that may decline over time
The write-up's own warning lights — if these start happening, the case above changes.
- A major, sustained drop in US industrial manufacturing output
- Significant changes to federal rail safety regulations that force massive spending
Common questions about Norfolk Southern Corporation
Does Norfolk Southern Corporation pay a dividend?
Yes - Norfolk Southern Corporation currently pays a dividend of about 1.6% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.
When does Norfolk Southern Corporation report earnings next?
Norfolk Southern Corporation is next scheduled to report results on about 2026-10-22. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
More in Industrials
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.