Basis: Current FMP quote-based enterprise value / matching reported total assets. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Assets ratio high or low?
The EV/Assets ratio of 1.94x is in line with its estimated 5-year average of 1.77x, around the middle of its estimated 5-year range (1.40x–2.22x).
As of 2026-09-12T00:15:51.380Z. 3.30% above its estimated 12-month average of 1.88x.
Calculation as of: 2026-09-12T00:15:51.380Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 48d4168ad9453a157b536cac16322a769c01222d6bdd39af219f4175b2eb61ae
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-10.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/ASSETS RATIO
1.94x
EV/ASSETS RATIO AVG TTM
1.88x
EV/ASSETS RATIO AVG 3Y
1.73x
EV/ASSETS RATIO AVG 5Y
1.77x
EV/ASSETS RATIO AVG 10Y
1.68x
EV/ASSETS RATIO AVG 15Y
1.48x
EV/ASSETS RATIO AVG 20Y
1.36x
CURRENT VS TTM AVG
+3.30%
CURRENT VS 3Y AVG
+12.04%
CURRENT VS 5Y AVG
+9.39%
CURRENT VS 10Y AVG
+15.40%
CURRENT VS 15Y AVG
+31.27%
CURRENT VS 20Y AVG
+42.97%
SECTOR MEDIAN · INDUSTRIALS
2.33x
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
-16.92%
vs the sector median at left
Norfolk Southern Corporation
Market Cap
$71.94B
EV/Assets Ratio
1.94x
TTM Avg
1.88x
3Y Avg
1.73x
5Y Avg
1.77x
Market Cap
$73.73B
EV/Assets Ratio
1.73x
TTM Avg
2.02x
3Y Avg
1.91x
5Y Avg
1.93x
Market Cap
$73.95B
EV/Assets Ratio
2.12x
TTM Avg
1.95x
3Y Avg
2.10x
5Y Avg
2.29x
Market Cap
$68.53B
EV/Assets Ratio
2.35x
TTM Avg
2.36x
3Y Avg
2.39x
5Y Avg
2.24x
Market Cap
$77.15B
EV/Assets Ratio
5.21x
TTM Avg
5.24x
3Y Avg
5.28x
5Y Avg
5.10x
Market Cap
$78.44B
EV/Assets Ratio
1.53x
TTM Avg
1.39x
3Y Avg
1.44x
5Y Avg
1.56x
| NAME | MARKET CAP | EV/ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norfolk Southern Corporation (NSC) | $71.94B | 1.94x | 1.88x | 1.73x | 1.77x |
| Northrop Grumman Corporation (NOC)vs › | $73.73B | 1.73x | 2.02x | 1.91x | 1.93x |
| FedEx Corporation (FDX)vs › | $73.81B | 1.05x | 1.06x | 0.99x | 0.96x |
| Canadian National Railway Company (CNI)vs › | $73.95B | 2.12x | 1.95x | 2.10x | 2.29x |
| Republic Services, Inc. (RSG)vs › | $68.53B | 2.35x | 2.36x | 2.39x | 2.24x |
| Cummins Inc. (CMI)vs › | $76.83B | 2.30x | 2.46x | 1.82x | 1.64x |
| Illinois Tool Works Inc. (ITW)vs › | $77.15B | 5.21x | 5.24x | 5.28x | 5.10x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.44B | 1.53x | 1.39x | 1.44x | 1.56x |
| PACCAR Inc (PCAR)vs › | $64.60B | 1.68x | 1.60x | 1.53x | 1.45x |
| Honeywell International Inc. (HON)vs › | $64.14B | 1.16x | 1.25x | 1.25x | 1.25x |
EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/ASSETS RATIO |
|---|---|
| 2026-09-10 | 1.96x |
| 2026-09-09 | 1.96x |
| 2026-09-08 | 1.98x |
| 2026-09-04 | 1.99x |
| 2026-09-03 | 1.98x |
| 2026-09-02 | 1.99x |
| 2026-09-01 | 2.01x |
| 2026-08-31 | 2.05x |
| 2026-08-28 | 2.08x |
| 2026-08-27 | 2.08x |
| 2026-08-26 | 2.10x |
| 2026-08-25 | 2.10x |
| 2026-08-24 | 2.11x |
| 2026-08-21 | 2.09x |
| 2026-08-20 | 2.07x |
| 2026-08-19 | 2.07x |
| 2026-08-18 | 2.04x |
| 2026-08-17 | 2.05x |
| 2026-08-14 | 2.01x |
| 2026-08-13 | 2.03x |
| 2026-08-12 | 2.02x |
| 2026-08-11 | 2.01x |
| 2026-08-10 | 2.01x |
| 2026-08-07 | 2.01x |
| 2026-08-06 | 2.05x |
| 2026-08-05 | 2.05x |
| 2026-08-04 | 2.05x |
| 2026-08-03 | 2.02x |
| 2026-07-31 | 2.02x |
| 2026-07-30 | 2.01x |
| 2026-07-29 | 2.02x |
| 2026-07-28 | 2.03x |
| 2026-07-27 | 2.06x |
| 2026-07-24 | 2.09x |
| 2026-07-23 | 2.09x |
| 2026-07-22 | 2.00x |
| 2026-07-21 | 2.00x |
| 2026-07-20 | 2.02x |
| 2026-07-17 | 2.05x |
| 2026-07-16 | 2.04x |
| 2026-07-15 | 1.99x |
| 2026-07-14 | 1.98x |
| 2026-07-13 | 1.98x |
| 2026-07-10 | 1.98x |
| 2026-07-09 | 1.96x |
| 2026-07-08 | 1.94x |
| 2026-07-07 | 1.96x |
| 2026-07-06 | 1.96x |
| 2026-07-02 | 1.96x |
| 2026-07-01 | 1.94x |
| 2026-06-30 | 1.92x |
| 2026-06-29 | 1.93x |
| 2026-06-26 | 1.91x |
| 2026-06-25 | 1.91x |
| 2026-06-24 | 1.87x |
| 2026-06-23 | 1.86x |
| 2026-06-22 | 1.87x |
| 2026-06-18 | 1.85x |
| 2026-06-17 | 1.85x |
| 2026-06-16 | 1.90x |
| 2026-06-15 | 1.90x |
| 2026-06-12 | 1.92x |
| 2026-06-11 | 1.90x |
| 2026-06-10 | 1.89x |
| 2026-06-09 | 1.91x |
| 2026-06-08 | 1.90x |
| 2026-06-05 | 1.91x |
| 2026-06-04 | 1.88x |
| 2026-06-03 | 1.87x |
| 2026-06-02 | 1.88x |
| 2026-06-01 | 1.87x |
| 2026-05-29 | 1.87x |
| 2026-05-28 | 1.89x |
| 2026-05-27 | 1.97x |
| 2026-05-26 | 1.95x |
| 2026-05-22 | 1.92x |
| 2026-05-21 | 1.90x |
| 2026-05-20 | 1.91x |
| 2026-05-19 | 1.94x |
| 2026-05-18 | 1.95x |
| 2026-05-15 | 1.93x |
| 2026-05-14 | 1.93x |
| 2026-05-13 | 1.90x |
| 2026-05-12 | 1.91x |
| 2026-05-11 | 1.90x |
| 2026-05-08 | 1.91x |
| 2026-05-07 | 1.91x |
| 2026-05-06 | 1.93x |
| 2026-05-05 | 1.91x |
| 2026-05-04 | 1.90x |
| 2026-05-01 | 1.93x |
| 2026-04-30 | 1.93x |
| 2026-04-29 | 1.91x |
| 2026-04-28 | 1.93x |
| 2026-04-27 | 1.94x |
| 2026-04-24 | 1.93x |
| 2026-04-23 | 1.94x |
| 2026-04-22 | 1.83x |
| 2026-04-21 | 1.85x |
| 2026-04-20 | 1.86x |
| 2026-04-17 | 1.85x |
| 2026-04-16 | 1.85x |
| 2026-04-15 | 1.82x |
| 2026-04-14 | 1.83x |
| 2026-04-13 | 1.82x |
| 2026-04-10 | 1.82x |
| 2026-04-09 | 1.81x |
| 2026-04-08 | 1.81x |
| 2026-04-07 | 1.78x |
| 2026-04-06 | 1.78x |
| 2026-04-02 | 1.78x |
| 2026-04-01 | 1.77x |
| 2026-03-31 | 1.77x |
| 2026-03-30 | 1.75x |
| 2026-03-27 | 1.75x |
| 2026-03-26 | 1.75x |
| 2026-03-25 | 1.75x |
| 2026-03-24 | 1.75x |
| 2026-03-23 | 1.76x |
| 2026-03-20 | 1.74x |
| 2026-03-19 | 1.73x |
| 2026-03-18 | 1.76x |
| 2026-03-17 | 1.79x |
| 2026-03-16 | 1.79x |
| 2026-03-13 | 1.78x |
| 2026-03-12 | 1.79x |
| 2026-03-11 | 1.82x |
| 2026-03-10 | 1.83x |
| 2026-03-09 | 1.85x |
| 2026-03-06 | 1.85x |
| 2026-03-05 | 1.89x |
| 2026-03-04 | 1.92x |
| 2026-03-03 | 1.92x |
| 2026-03-02 | 1.92x |
| 2026-02-27 | 1.91x |
| 2026-02-26 | 1.90x |
| 2026-02-25 | 1.89x |
| 2026-02-24 | 1.91x |
| 2026-02-23 | 1.91x |
| 2026-02-20 | 1.92x |
| 2026-02-19 | 1.90x |
| 2026-02-18 | 1.92x |
| 2026-02-17 | 1.91x |
| 2026-02-13 | 1.91x |
| 2026-02-12 | 1.91x |
| 2026-02-11 | 1.92x |
| 2026-02-10 | 1.91x |
| 2026-02-09 | 1.89x |
| 2026-02-06 | 1.90x |
| 2026-02-05 | 1.90x |
| 2026-02-04 | 1.90x |
| 2026-02-03 | 1.86x |
| 2026-02-02 | 1.82x |
| 2026-01-30 | 1.82x |
| 2026-01-29 | 1.81x |
| 2026-01-28 | 1.79x |
| 2026-01-27 | 1.81x |
| 2026-01-26 | 1.80x |
| 2026-01-23 | 1.80x |
| 2026-01-22 | 1.81x |
| 2026-01-21 | 1.81x |
| 2026-01-20 | 1.76x |
| 2026-01-16 | 1.82x |
| 2026-01-15 | 1.82x |
| 2026-01-14 | 1.79x |
| 2026-01-13 | 1.80x |
| 2026-01-12 | 1.81x |
| 2026-01-09 | 1.80x |
| 2026-01-08 | 1.81x |
| 2026-01-07 | 1.78x |
| 2026-01-06 | 1.82x |
| 2026-01-05 | 1.80x |
| 2026-01-02 | 1.80x |
| 2025-12-31 | 1.81x |
| 2025-12-30 | 1.81x |
| 2025-12-29 | 1.82x |
| 2025-12-26 | 1.82x |
| 2025-12-24 | 1.83x |
| 2025-12-23 | 1.82x |
| 2025-12-22 | 1.82x |
| 2025-12-19 | 1.82x |
| 2025-12-18 | 1.82x |
| 2025-12-17 | 1.84x |
| 2025-12-16 | 1.83x |
| 2025-12-15 | 1.86x |
| 2025-12-12 | 1.85x |
| 2025-12-11 | 1.83x |
| 2025-12-10 | 1.83x |
| 2025-12-09 | 1.81x |
| 2025-12-08 | 1.83x |
| 2025-12-05 | 1.83x |
| 2025-12-04 | 1.84x |
| 2025-12-03 | 1.83x |
| 2025-12-02 | 1.82x |
| 2025-12-01 | 1.81x |
| 2025-11-28 | 1.82x |
| 2025-11-26 | 1.81x |
| 2025-11-25 | 1.81x |
| 2025-11-24 | 1.78x |
| 2025-11-21 | 1.79x |
| 2025-11-20 | 1.76x |
| 2025-11-19 | 1.77x |
| 2025-11-18 | 1.77x |
| 2025-11-17 | 1.77x |
| 2025-11-14 | 1.78x |
| 2025-11-13 | 1.78x |
| 2025-11-12 | 1.80x |
| 2025-11-11 | 1.80x |
| 2025-11-10 | 1.80x |
| 2025-11-07 | 1.78x |
| 2025-11-06 | 1.77x |
| 2025-11-05 | 1.77x |
| 2025-11-04 | 1.78x |
| 2025-11-03 | 1.77x |
| 2025-10-31 | 1.78x |
| 2025-10-30 | 1.77x |
| 2025-10-29 | 1.76x |
| 2025-10-28 | 1.76x |
| 2025-10-27 | 1.77x |
| 2025-10-24 | 1.77x |
| 2025-10-23 | 1.81x |
| 2025-10-22 | 1.83x |
| 2025-10-21 | 1.84x |
| 2025-10-20 | 1.85x |
| 2025-10-17 | 1.84x |
| 2025-10-16 | 1.83x |
| 2025-10-15 | 1.84x |
| 2025-10-14 | 1.84x |
| 2025-10-13 | 1.84x |
| 2025-10-10 | 1.83x |
| 2025-10-09 | 1.87x |
| 2025-10-08 | 1.88x |
| 2025-10-07 | 1.87x |
| 2025-10-06 | 1.89x |
| 2025-10-03 | 1.89x |
| 2025-10-02 | 1.88x |
| 2025-10-01 | 1.89x |
| 2025-09-30 | 1.89x |
| 2025-09-29 | 1.89x |
| 2025-09-26 | 1.88x |
| 2025-09-25 | 1.86x |
| 2025-09-24 | 1.86x |
| 2025-09-23 | 1.85x |
| 2025-09-22 | 1.84x |
| 2025-09-19 | 1.81x |
| 2025-09-18 | 1.80x |
| 2025-09-17 | 1.78x |
| 2025-09-16 | 1.78x |
| 2025-09-15 | 1.78x |
| 2025-09-12 | 1.76x |
| 2025-09-11 | 1.76x |
| 2025-09-10 | 1.75x |
| 2025-09-09 | 1.76x |
| 2025-09-08 | 1.77x |
| 2025-09-05 | 1.78x |
| 2025-09-04 | 1.79x |
| 2025-09-03 | 1.78x |
| 2025-09-02 | 1.78x |
| 2025-08-29 | 1.79x |
| 2025-08-28 | 1.78x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
