Is CARR or NSC cheaper?

On trailing earnings, NSC is cheaper: CARR trades at a 48.09 P/E and NSC at 25.56.

Which has grown faster, CARR or NSC?

Over the past five years, NSC grew revenue faster — CARR at a 3.67% CAGR versus NSC at 4.45%.

Does CARR or NSC pay a bigger dividend?

CARR yields 1.26% and NSC yields 1.78% based on trailing dividends and the latest price.

Is CARR or NSC more profitable?

NSC runs the higher net margin — CARR at 5.99% versus NSC at 21.91%.

Which has been the better investment, CARR or NSC?

Over the past 5-year, NSC delivered the higher annualized total return — CARR at 11.37% versus NSC at 16.28%. Past performance doesn't predict future results.

Carrier Global Corporation (CARR) vs Norfolk Southern Corporation (NSC)

NSC leads on 14 of 16 compared metrics.

A side-by-side comparison of Carrier Global Corporation and Norfolk Southern Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CARR

Carrier Global Corporation

$61.51B

$74.06Industrials

NSC

Norfolk Southern Corporation

$68.50B

$303.39Industrials

Total return — CARR vs NSC

growth of $100 · last 6y

CARR +517.2%NSC +123.7%CARR compounded faster

CARR NSC

CARR vs NSC: by the numbers

•NSC is the larger company ($68.50B vs $61.51B market cap).
•NSC trades at the lower earnings multiple (25.56 vs 48.09 P/E).
•NSC converts more revenue to profit (21.91% vs 5.99% net margin).
•NSC grew revenue faster over the past five years (4.45% vs 3.67% CAGR).
•NSC pays the higher dividend yield (1.78% vs 1.26%).

Which is better, CARR or NSC?

Metric tally: CARR 2 · NSC 14

It depends on what you're optimizing for:

ValueNSC(lower P/E)

GrowthNSC(faster 5Y revenue CAGR)

IncomeNSC(higher dividend yield)

QualityNSC(higher ROIC)

Metrics side by side

Valuation

Metric	CARR	NSC
P/E ratio	48.09	25.56●
Forward P/E	23.15	22.42●
P/S ratio	2.85●	5.60
P/B ratio	4.64	4.32●
PEG ratio	—	2.24
EV / EBITDA	23.27	15.22●
FCF yield	2.66%	5.60%●

Profitability

Metric	CARR	NSC
Gross margin	24.80%	45.31%●
Operating margin	7.24%	32.39%●
Net margin	5.99%	21.91%●
ROE	9.74%	16.89%●
ROIC	5.41%	7.47%●

Dividends

Metric	CARR	NSC
Dividend yield	1.26%	1.78%●
Payout ratio	53.45%	42.35%

Growth (annualized)

Metric	CARR	NSC
Revenue CAGR (5Y)	3.67%	4.45%●
EPS CAGR (5Y)	-5.35%	10.10%●
FCF CAGR (5Y)	1.87%	10.65%●
Total return CAGR (5Y)	11.37%●	5.02%

Frequently asked

Which is better, CARR or NSC?: It depends on your goal. value: NSC (lower P/E); growth: NSC (faster 5Y revenue CAGR); income: NSC (higher dividend yield); quality: NSC (higher ROIC). Across all compared metrics, NSC leads 14 to 2.
Is CARR or NSC cheaper?: On trailing earnings, NSC is cheaper: CARR trades at a 48.09 P/E and NSC at 25.56.
Which has grown faster, CARR or NSC?: Over the past five years, NSC grew revenue faster — CARR at a 3.67% CAGR versus NSC at 4.45%.
Does CARR or NSC pay a bigger dividend?: CARR yields 1.26% and NSC yields 1.78% based on trailing dividends and the latest price.
Is CARR or NSC more profitable?: NSC runs the higher net margin — CARR at 5.99% versus NSC at 21.91%.
Which has been the better investment, CARR or NSC?: Over the past 5-year, NSC delivered the higher annualized total return — CARR at 11.37% versus NSC at 16.28%. Past performance doesn't predict future results.

Go deeper

Full CARR analysis Full NSC analysis Interactive comparison tool

Dig into the metrics

Carrier Global P/E ratio Norfolk Southern P/E ratio Carrier Global dividend yield Norfolk Southern dividend yield Carrier Global ROE Norfolk Southern ROE Carrier Global operating margin Norfolk Southern operating margin Carrier Global revenue growth Norfolk Southern revenue growth Carrier Global free cash flow Norfolk Southern free cash flow

Carrier Global & Norfolk Southern appear in these rankings

Highest Operating Margin Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 25, 2026.