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Norfolk Southern Corporation (NSC)
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Norfolk Southern Corporation (NSC) Enterprise Value (EV): $85.28B

The enterprise value (EV) for Norfolk Southern Corporation (NSC) is $85.28B as of Friday, June 12, 2026.

NSC Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$85.28B

NSC Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Norfolk Southern Corporation (NSC)$69.72B$85.28B
Rocket Lab USA, Inc. (RKLB)$66.44B$36.44B
Illinois Tool Works Inc. (ITW)$73.44B$80.11B
Comfort Systems USA, Inc. (FIX)$64.90B$32.79B
PACCAR Inc (PCAR)$61.88B$48.35B
Emerson Electric Co. (EMR)$79.58B$86.04B
3M Company (MMM)$82.36B$93.24B
Fastenal Company (FAST)$53.26B$46.22B
AMETEK, Inc. (AME)$51.85B$49.14B
Johnson Controls International plc (JCI)$87.86B$82.48B

Enterprise Value Calculation

Market Cap

$69.72B

+

Total Debt

$17.09B

Cash

$1.53B

=

Enterprise Value

$85.28B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Norfolk Southern Corporation Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Norfolk Southern Corporation Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Norfolk Southern Corporation (NSC)?
The enterprise value (EV) for NSC stock is $85.28B.

About Norfolk Southern Corporation

Norfolk Southern Corporation (NSC), operating through its various subsidiaries, is a prominent rail transport provider in the United States. The company's core business involves the conveyance of raw materials, semi-finished goods, and completed merchandise across the nation. Its extensive freight services cover a broad spectrum of commodities. This includes a variety of agricultural and forestry products like grains (e.g., soybeans, wheat, corn), fertilizers, animal feeds, and diverse foodstuffs such as oils, flour, sweeteners, beverages, and canned goods, alongside lumber and paper products. NSC also handles a wide range of chemicals, from sulfur and petroleum derivatives to chlorine compounds, plastics, industrial chemicals, and sand. Furthermore, the company moves metals and construction supplies, including steel, aluminum, heavy machinery, cement, aggregates, and specialized military equipment. Transportation of both finished motor vehicles and automotive components is a significant segment, as is the consistent shipment of coal. Beyond its principal freight operations, Norfolk Southern facilitates global trade by connecting with various Atlantic and Gulf Coast ports for overseas cargo. The corporation also manages an expansive intermodal network and offers commuter passenger rail services. As of the close of 2021, the company's vast railway infrastructure extended over roughly 19,300 route miles, serving 22 states and the District of Columbia. Norfolk Southern Corporation, originally incorporated in 1980, is based in Atlanta, Georgia.

Atlanta, GA
19,600 employees
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Mark R. George