CSX Corporation (CSX) vs Norfolk Southern Corporation (NSC)
NSC leads on 10 of 16 compared metrics.
A side-by-side comparison of CSX Corporation and Norfolk Southern Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CSX vs NSC
growth of $100 · last 30yCSX +1668.4%NSC +1021.1%CSX compounded faster
CSX NSC
CSX vs NSC: by the numbers
- •CSX is the larger company ($88.39B vs $70.50B market cap).
- •NSC trades at the lower earnings multiple (26.45 vs 29.18 P/E).
- •NSC converts more revenue to profit (21.91% vs 21.55% net margin).
- •CSX grew revenue faster over the past five years (6.07% vs 4.45% CAGR).
- •NSC pays the higher dividend yield (1.72% vs 1.14%).
Which is better, CSX or NSC?
Metric tally: CSX 6 · NSC 10It depends on what you're optimizing for:
ValueNSC(lower P/E)
GrowthCSX(faster 5Y revenue CAGR)
IncomeNSC(higher dividend yield)
QualityCSX(higher ROIC)
Valuation
| Metric | CSX | NSC |
|---|---|---|
| P/E ratio | 29.18 | 26.45● |
| Forward P/E | 21.92● | 23.20 |
| P/S ratio | 6.26 | 5.80● |
| P/B ratio | 6.52 | 4.47● |
| PEG ratio | 5.70 | 2.24● |
| EV / EBITDA | 16.47 | 15.65● |
| FCF yield | 4.66% | 5.41%● |
Profitability
| Metric | CSX | NSC |
|---|---|---|
| Gross margin | 37.54% | 45.31%● |
| Operating margin | 33.45%● | 32.39% |
| Net margin | 21.55% | 21.91% |
| ROE | 22.47%● | 16.89% |
| ROIC | 8.40%● | 7.47% |
Dividends
| Metric | CSX | NSC |
|---|---|---|
| Dividend yield | 1.14% | 1.72%● |
| Payout ratio | 35.06% | 42.35% |
Growth (annualized)
| Metric | CSX | NSC |
|---|---|---|
| Revenue CAGR (5Y) | 6.07%● | 4.45% |
| EPS CAGR (5Y) | 5.12% | 10.10%● |
| FCF CAGR (5Y) | 8.34% | 10.65%● |
| Total return CAGR (5Y) | 9.44%● | 5.11% |
Frequently asked
- Which is better, CSX or NSC?
- It depends on your goal. value: NSC (lower P/E); growth: CSX (faster 5Y revenue CAGR); income: NSC (higher dividend yield); quality: CSX (higher ROIC). Across all compared metrics, NSC leads 10 to 6.
- Is CSX or NSC cheaper?
- On trailing earnings, NSC is cheaper: CSX trades at a 29.18 P/E and NSC at 26.45.
- Which has grown faster, CSX or NSC?
- Over the past five years, CSX grew revenue faster — CSX at a 6.07% CAGR versus NSC at 4.45%.
- Does CSX or NSC pay a bigger dividend?
- CSX yields 1.14% and NSC yields 1.72% based on trailing dividends and the latest price.
- Is CSX or NSC more profitable?
- NSC runs the higher net margin — CSX at 21.55% versus NSC at 21.91%.
- Which has been the better investment, CSX or NSC?
- Over the past 10-year, CSX delivered the higher annualized total return — CSX at 19.87% versus NSC at 16.41%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CSX P/E ratioNorfolk Southern P/E ratioCSX dividend yieldNorfolk Southern dividend yieldCSX ROENorfolk Southern ROECSX operating marginNorfolk Southern operating marginCSX revenue growthNorfolk Southern revenue growthCSX free cash flowNorfolk Southern free cash flow
CSX & Norfolk Southern appear in these rankings
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 14, 2026.