Honeywell International Inc. (HON) vs Norfolk Southern Corporation (NSC)
A side-by-side comparison of Honeywell International Inc. and Norfolk Southern Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
HON
Honeywell International Inc.
$210.13IndustrialsDelayed quote: Sep 29, 2026, 4:00 PM EDT
NSC
Norfolk Southern Corporation
$313.00IndustrialsDelayed quote: Sep 29, 2026, 4:00 PM EDT
Total return — HON vs NSC
growth of $100 · dividends reinvested · last 10yHON +187.7% (+11.1%/yr)NSC +328.3% (+15.7%/yr)NSC compounded faster over this window
HON NSC
HON vs NSC: by the numbers
- •NSC is the larger company ($70.30B vs $66.60B market cap).
- •HON trades at the lower trailing earnings multiple (8.16 vs 26.71 P/E), one valuation lens rather than an overall verdict.
- •HON converts more revenue to profit (22.73% vs 21.02% net margin).
- •NSC grew revenue faster over the past five years (3.58% vs 1.25% CAGR).
- •HON pays the higher dividend yield (3.87% vs 1.69%).
Metrics side by side
Valuation
| Metric | HON | NSC |
|---|---|---|
| P/E ratio | 8.16 | 26.71 |
| Forward P/E | 25.24 | 24.11 |
| P/S ratio | 1.84 | 5.61 |
| P/B ratio | 2.64 | 4.33 |
| EV / EBITDA | 14.42 | 15.99 |
| FCF yield | 6.18% | 1.26% |
Profitability
| Metric | HON | NSC |
|---|---|---|
| Gross margin | 36.57% | 42.43% |
| Operating margin | 14.09% | 31.63% |
| Net margin | 22.73% | 21.02% |
| ROE | 32.56% | 16.22% |
| ROIC | 6.63% | 7.33% |
Dividends
| Metric | HON | NSC |
|---|---|---|
| Dividend yield | 3.87% | 1.69% |
| Payout ratio | 30.45% | 46.08% |
Growth (annualized)
| Metric | HON | NSC |
|---|---|---|
| Revenue CAGR (5Y) | 1.25% | 3.58% |
| EPS CAGR (5Y) | 1.74% | 10.10% |
| FCF CAGR (5Y) | 0.34% | 8.17% |
| Total return CAGR (5Y) | 2.41% | 7.53% |
Frequently asked
- Which has the lower trailing P/E, HON or NSC?
- HON has the lower trailing P/E: HON trades at 8.16 and NSC at 26.71. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, HON or NSC?
- Over the past five years, NSC grew revenue faster — HON at a 1.25% CAGR versus NSC at 3.58%.
- Does HON or NSC pay a bigger dividend?
- HON yields 3.87% and NSC yields 1.69% based on trailing dividends and the latest price.
- Is HON or NSC more profitable?
- HON runs the higher net margin — HON at 22.73% versus NSC at 21.02%.
- How have HON and NSC total returns compared?
- Over the past 10 years, HON delivered 11.32% and NSC delivered 15.72% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Honeywell International P/E ratioNorfolk Southern P/E ratioHoneywell International dividend yieldNorfolk Southern dividend yieldHoneywell International ROENorfolk Southern ROEHoneywell International operating marginNorfolk Southern operating marginHoneywell International revenue growthNorfolk Southern revenue growthHoneywell International free cash flowNorfolk Southern free cash flow
Honeywell International & 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 September 13, 2026.