Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 24.90 as of 2026-09-11T03:34:04.896Z.
Consensus retrieved: 2026-09-11T03:33:49.898Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-11T03:34:04.896Z.
Quote observation: 2026-09-10T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 48d4168ad9453a157b536cac16322a769c01222d6bdd39af219f4175b2eb61ae
Forward PE Ratio (24.90) = Dated Quote Price ($323.30) / Consensus Forward EPS ($12.98)
FORWARD PE RATIO
24.90
SECTOR MEDIAN · INDUSTRIALS
23.20
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+7.33%
vs the sector median at left
Norfolk Southern Corporation
Market Cap
$72.62B
Forward PE Ratio
24.90
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Norfolk Southern Corporation (NSC) | $72.62B | 24.90 |
| Canadian National Railway Company (CNI)vs › | $73.29B | N/A |
| Northrop Grumman Corporation (NOC)vs › | $73.72B | 17.93 |
| FedEx Corporation (FDX)vs › | $73.77B | 17.62 |
| Cummins Inc. (CMI)vs › | $75.90B | 18.62 |
| Bloom Energy Corporation (BE)vs › | $76.13B | 96.70 |
| Illinois Tool Works Inc. (ITW)vs › | $76.30B | 23.20 |
| Republic Services, Inc. (RSG)vs › | $68.02B | 30.38 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.10B | N/A |
| Cintas Corporation (CTAS)vs › | $79.41B | 36.08 |
Trailing P/E
27.6
reported TTM EPS
Forward P/E
24.9
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $12.98 implies +10.8% EPS growth vs the reported trailing $11.72.
At the dated quote price of $323.30, 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $12.98 | $12.69 – $13.17 | 12 | 24.9x |
| 2027-12-31 | $14.35 | $13.65 – $14.90 | 13 | 22.5x |
| 2028-12-31 | $15.70 | $15.36 – $16.12 | 4 | 20.6x |
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.
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
