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 30y
CSX +1668.4%NSC +1021.1%CSX compounded faster
05001k2kStart $100200120062011201620212026$1,768$1,121
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 10

It depends on what you're optimizing for:

ValueNSC(lower P/E)
GrowthCSX(faster 5Y revenue CAGR)
IncomeNSC(higher dividend yield)
QualityCSX(higher ROIC)

Valuation

MetricCSXNSC
P/E ratio29.1826.45
Forward P/E21.9223.20
P/S ratio6.265.80
P/B ratio6.524.47
PEG ratio5.702.24
EV / EBITDA16.4715.65
FCF yield4.66%5.41%

Profitability

MetricCSXNSC
Gross margin37.54%45.31%
Operating margin33.45%32.39%
Net margin21.55%21.91%
ROE22.47%16.89%
ROIC8.40%7.47%

Dividends

MetricCSXNSC
Dividend yield1.14%1.72%
Payout ratio35.06%42.35%

Growth (annualized)

MetricCSXNSC
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.

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.