Delta Air Lines, Inc. (DAL) vs Norfolk Southern Corporation (NSC)
DAL leads on 12 of 17 compared metrics.
A side-by-side comparison of Delta Air Lines, Inc. 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).
DAL
Delta Air Lines, Inc.
$83.06Industrials
NSC
Norfolk Southern Corporation
$313.91Industrials
Total return — DAL vs NSC
growth of $100 · last 19yDAL +264.5%NSC +464.4%NSC compounded faster
DAL NSC
DAL vs NSC: by the numbers
- •NSC is the larger company ($70.50B vs $54.57B market cap).
- •DAL trades at the lower earnings multiple (12.13 vs 26.45 P/E).
- •NSC converts more revenue to profit (21.91% vs 6.87% net margin).
- •DAL grew revenue faster over the past five years (38.80% vs 4.45% CAGR).
- •NSC pays the higher dividend yield (1.72% vs 0.90%).
Which is better, DAL or NSC?
Metric tally: DAL 12 · NSC 5It depends on what you're optimizing for:
ValueDAL(lower P/E)
GrowthDAL(faster 5Y revenue CAGR)
IncomeNSC(higher dividend yield)
QualityDAL(higher ROIC)
Valuation
| Metric | DAL | NSC |
|---|---|---|
| P/E ratio | 12.13● | 26.45 |
| Forward P/E | 15.17● | 23.20 |
| P/S ratio | 0.83● | 5.80 |
| P/B ratio | 2.66● | 4.47 |
| PEG ratio | 0.21● | 2.24 |
| EV / EBITDA | 6.95● | 15.65 |
| FCF yield | 7.24%● | 5.41% |
Profitability
| Metric | DAL | NSC |
|---|---|---|
| Gross margin | 26.19% | 45.31%● |
| Operating margin | 8.83% | 32.39%● |
| Net margin | 6.87% | 21.91%● |
| ROE | 21.97%● | 16.89% |
| ROIC | 8.30%● | 7.47% |
Dividends
| Metric | DAL | NSC |
|---|---|---|
| Dividend yield | 0.90% | 1.72%● |
| Payout ratio | 9.72% | 42.35% |
Growth (annualized)
| Metric | DAL | NSC |
|---|---|---|
| Revenue CAGR (5Y) | 38.80%● | 4.45% |
| EPS CAGR (5Y) | 0.89% | 10.10%● |
| FCF CAGR (5Y) | 115.85%● | 10.65% |
| Total return CAGR (5Y) | 13.04%● | 5.11% |
Frequently asked
- Which is better, DAL or NSC?
- It depends on your goal. value: DAL (lower P/E); growth: DAL (faster 5Y revenue CAGR); income: NSC (higher dividend yield); quality: DAL (higher ROIC). Across all compared metrics, DAL leads 12 to 5.
- Is DAL or NSC cheaper?
- On trailing earnings, DAL is cheaper: DAL trades at a 12.13 P/E and NSC at 26.45.
- Which has grown faster, DAL or NSC?
- Over the past five years, DAL grew revenue faster — DAL at a 38.80% CAGR versus NSC at 4.45%.
- Does DAL or NSC pay a bigger dividend?
- DAL yields 0.90% and NSC yields 1.72% based on trailing dividends and the latest price.
- Is DAL or NSC more profitable?
- NSC runs the higher net margin — DAL at 6.87% versus NSC at 21.91%.
- Which has been the better investment, DAL or NSC?
- Over the past 10-year, NSC delivered the higher annualized total return — DAL at 8.36% versus NSC at 16.41%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Delta Air Lines P/E ratioNorfolk Southern P/E ratioDelta Air Lines dividend yieldNorfolk Southern dividend yieldDelta Air Lines ROENorfolk Southern ROEDelta Air Lines operating marginNorfolk Southern operating marginDelta Air Lines revenue growthNorfolk Southern revenue growthDelta Air Lines free cash flowNorfolk Southern free cash flow
Delta Air Lines & 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.