Which has the lower trailing P/E, CP or NSC?

CP has the lower trailing P/E: CP trades at 27.35 and NSC at 28.53. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CP or NSC?

Over the past five years, CP grew revenue faster — CP at a 20.89% CAGR versus NSC at 3.58%.

Does CP or NSC pay a bigger dividend?

CP yields 0.75% and NSC yields 1.62% based on trailing dividends and the latest price.

Is CP or NSC more profitable?

NSC runs the higher net margin — CP at 18.86% versus NSC at 21.02%.

How have CP and NSC total returns compared?

Over the past 10 years, CP delivered 13.26% and NSC delivered 16.47% annualized total return. Past performance doesn't predict future results.

Canadian Pacific Kansas City Ltd. (CP) vs Norfolk Southern Corporation (NSC)

A side-by-side comparison of Canadian Pacific Kansas City Ltd. and Norfolk Southern Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 10, 2026. Differences are shown without an overall score or investment verdict.

Canadian Pacific Kansas City Ltd.

$80.54B

$91.62IndustrialsDelayed quote: Aug 7, 2026, 4:00 PM EDT

NSC

Norfolk Southern Corporation

$75.10B

$334.36IndustrialsDelayed quote: Aug 7, 2026, 4:01 PM EDT

Total return — CP vs NSC

growth of $100 · dividends reinvested · last 10y

CP +239.4% (+13.0%/yr)NSC +359.6% (+16.5%/yr)NSC compounded faster over this window

CP NSC

CP vs NSC: by the numbers

•CP is the larger company ($80.54B vs $75.10B market cap).
•CP trades at the lower trailing earnings multiple (27.35 vs 28.53 P/E), one valuation lens rather than an overall verdict.
•NSC converts more revenue to profit (21.02% vs 18.86% net margin).
•CP grew revenue faster over the past five years (20.89% vs 3.58% CAGR).
•NSC pays the higher dividend yield (1.62% vs 0.75%).

Metrics side by side

Valuation

Metric	CP	NSC
P/E ratio	27.35	28.53
Forward P/E	17.46	25.97
P/S ratio	5.08	6.00
P/B ratio	2.48	4.63
EV / EBITDA	16.42	16.91
FCF yield	2.12%	5.09%

Profitability

Metric	CP	NSC
Gross margin	59.84%	42.43%
Operating margin	37.20%	31.63%
Net margin	18.86%	21.02%
ROE	9.18%	16.22%
ROIC	5.09%	7.47%

Dividends

Metric	CP	NSC
Dividend yield	0.75%	1.62%
Payout ratio	20.75%	42.35%

Growth (annualized)

Metric	CP	NSC
Revenue CAGR (5Y)	20.89%	3.58%
EPS CAGR (5Y)	3.04%	10.10%
FCF CAGR (5Y)	12.22%	8.17%
Total return CAGR (5Y)	5.33%	7.70%

Frequently asked

Which has the lower trailing P/E, CP or NSC?: CP has the lower trailing P/E: CP trades at 27.35 and NSC at 28.53. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CP or NSC?: Over the past five years, CP grew revenue faster — CP at a 20.89% CAGR versus NSC at 3.58%.
Does CP or NSC pay a bigger dividend?: CP yields 0.75% and NSC yields 1.62% based on trailing dividends and the latest price.
Is CP or NSC more profitable?: NSC runs the higher net margin — CP at 18.86% versus NSC at 21.02%.
How have CP and NSC total returns compared?: Over the past 10 years, CP delivered 13.26% and NSC delivered 16.47% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CP analysis Full NSC analysis Interactive comparison tool

Dig into the metrics

Canadian Pacific Kansas City P/E ratio Norfolk Southern P/E ratio Canadian Pacific Kansas City dividend yield Norfolk Southern dividend yield Canadian Pacific Kansas City ROE Norfolk Southern ROE Canadian Pacific Kansas City operating margin Norfolk Southern operating margin Canadian Pacific Kansas City revenue growth Norfolk Southern revenue growth Canadian Pacific Kansas City free cash flow Norfolk Southern free cash flow

Canadian Pacific Kansas City & Norfolk Southern appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Highest 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 August 10, 2026.