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NSCNorfolk Southern Corporation

The forward PE ratio is 26.05 as of Thursday, July 9, 2026.

Forward PE Ratio (26.05) = Close Price ($323.77) / Consensus Forward EPS ($12.25)

NSC Forward PE Ratio Metrics

FORWARD PE RATIO

26.05

NSC Competitors' Forward PE Ratio

NSC

Norfolk Southern Corporation

Current

Market Cap

$72.72B

Forward PE Ratio

26.05

TDG

TransDigm Group Incorporated

vs NSC

Market Cap

$72.47B

Forward PE Ratio

32.39

BE

Bloom Energy Corporation

vs NSC

Market Cap

$73.11B

Forward PE Ratio

118.60

FDX

FedEx Corporation

vs NSC

Market Cap

$74.17B

Forward PE Ratio

15.60

CTAS

Cintas Corporation

vs NSC

Market Cap

$71.10B

Forward PE Ratio

36.80

HON

Honeywell International Inc.

vs NSC

Market Cap

$70.79B

Forward PE Ratio

20.29

CNI

Canadian National Railway Company

vs NSC

Market Cap

$75.42B

Forward PE Ratio

15.56

NOC

Northrop Grumman Corporation

vs NSC

Market Cap

$75.59B

Forward PE Ratio

19.51

ITW

Illinois Tool Works Inc.

vs NSC

Market Cap

$76.38B

Forward PE Ratio

23.45

EMR

Emerson Electric Co.

vs NSC

Market Cap

$77.18B

Forward PE Ratio

20.98

Trailing vs Forward

Trailing P/E

26.9

reported TTM EPS

Forward P/E

26.1

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $12.25 implies +3.2% EPS growth vs the reported trailing $11.87.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $323.77 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$12.25$12.01 – $12.411126.4x
2027-12-31$13.63$13.42 – $14.031123.7x
2028-12-31$15.00$14.91 – $15.06321.6x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Norfolk Southern Corporation (NSC)?
The forward PE ratio for NSC stock is 26.05.

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