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).

Total return — DAL vs NSC

growth of $100 · last 19y
DAL +264.5%NSC +464.4%NSC compounded faster
0200400600Start $1002011201520192023$364$564
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 5

It depends on what you're optimizing for:

ValueDAL(lower P/E)
GrowthDAL(faster 5Y revenue CAGR)
IncomeNSC(higher dividend yield)
QualityDAL(higher ROIC)

Valuation

MetricDALNSC
P/E ratio12.1326.45
Forward P/E15.1723.20
P/S ratio0.835.80
P/B ratio2.664.47
PEG ratio0.212.24
EV / EBITDA6.9515.65
FCF yield7.24%5.41%

Profitability

MetricDALNSC
Gross margin26.19%45.31%
Operating margin8.83%32.39%
Net margin6.87%21.91%
ROE21.97%16.89%
ROIC8.30%7.47%

Dividends

MetricDALNSC
Dividend yield0.90%1.72%
Payout ratio9.72%42.35%

Growth (annualized)

MetricDALNSC
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.

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.