Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 16.22% is 17% below its 5-year average of 19.57%, around the middle of its 5-year range (11.28%–25.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.56% below its 12-month average of 18.76%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 16.22%.
RETURN ON EQUITY (ROE)
16.22%
RETURN ON EQUITY (ROE) AVG TTM
18.76%
RETURN ON EQUITY (ROE) AVG 3Y
17.60%
RETURN ON EQUITY (ROE) AVG 5Y
19.57%
RETURN ON EQUITY (ROE) AVG 10Y
18.93%
RETURN ON EQUITY (ROE) AVG 15Y
17.38%
RETURN ON EQUITY (ROE) AVG 20Y
16.34%
CURRENT VS TTM AVG
-13.56%
CURRENT VS 3Y AVG
-7.87%
CURRENT VS 5Y AVG
-17.12%
CURRENT VS 10Y AVG
-14.34%
CURRENT VS 15Y AVG
-6.69%
CURRENT VS 20Y AVG
-0.73%
SECTOR MEDIAN · INDUSTRIALS
17.21%
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-5.76%
vs the sector median at left
Norfolk Southern Corporation
Market Cap
$72.62B
Return on Equity (ROE)
16.22%
TTM Avg
18.76%
3Y Avg
17.60%
5Y Avg
19.57%
Market Cap
$73.29B
Return on Equity (ROE)
22.25%
TTM Avg
21.50%
3Y Avg
23.72%
5Y Avg
22.41%
Market Cap
$73.72B
Return on Equity (ROE)
25.14%
TTM Avg
26.19%
3Y Avg
24.56%
5Y Avg
30.43%
Market Cap
$73.77B
Return on Equity (ROE)
14.01%
TTM Avg
14.29%
3Y Avg
14.88%
5Y Avg
16.08%
Market Cap
$75.90B
Return on Equity (ROE)
21.13%
TTM Avg
30.72%
3Y Avg
23.43%
5Y Avg
23.51%
Market Cap
$76.13B
Return on Equity (ROE)
15.19%
TTM Avg
-8.36%
3Y Avg
-41.33%
5Y Avg
0.96%
Market Cap
$76.30B
Return on Equity (ROE)
110.37%
TTM Avg
100.13%
3Y Avg
99.17%
5Y Avg
89.55%
Market Cap
$68.02B
Return on Equity (ROE)
18.16%
TTM Avg
17.89%
3Y Avg
16.89%
5Y Avg
15.55%
Market Cap
$78.10B
Return on Equity (ROE)
8.45%
TTM Avg
8.39%
3Y Avg
8.82%
5Y Avg
12.85%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norfolk Southern Corporation (NSC) | $72.62B | 16.22% | 18.76% | 17.60% | 19.57% |
| Canadian National Railway Company (CNI)vs › | $73.29B | 22.25% | 21.50% | 23.72% | 22.41% |
| Northrop Grumman Corporation (NOC)vs › | $73.72B | 25.14% | 26.19% | 24.56% | 30.43% |
| FedEx Corporation (FDX)vs › | $73.77B | 14.01% | 14.29% | 14.88% | 16.08% |
| Cummins Inc. (CMI)vs › | $75.90B | 21.13% | 30.72% | 23.43% | 23.51% |
| Bloom Energy Corporation (BE)vs › | $76.13B | 15.19% | -8.36% | -41.33% | 0.96% |
| Illinois Tool Works Inc. (ITW)vs › | $76.30B | 110.37% | 100.13% | 99.17% | 89.55% |
| Republic Services, Inc. (RSG)vs › | $68.02B | 18.16% | 17.89% | 16.89% | 15.55% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.10B | 8.45% | 8.39% | 8.82% | 12.85% |
| Cintas Corporation (CTAS)vs › | $79.41B | 38.91% | 38.80% | 37.22% | 36.06% |
ROE
16.2%
ROA
5.8%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 16.22% |
| 2026-03-31 | 16.89% |
| 2025-12-31 | 18.48% |
| 2025-09-30 | 19.56% |
| 2025-06-30 | 22.66% |
| 2025-03-31 | 22.87% |
| 2024-12-31 | 18.33% |
| 2024-09-30 | 17.53% |
| 2024-06-30 | 13.83% |
| 2024-03-31 | 11.28% |
| 2023-12-31 | 14.29% |
| 2023-09-30 | 16.57% |
| 2023-06-30 | 20.33% |
| 2023-03-31 | 23.83% |
| 2022-12-31 | 25.68% |
| 2022-09-30 | 24.88% |
| 2022-06-30 | 23.07% |
| 2022-03-31 | 22.55% |
| 2021-12-31 | 22.03% |
| 2021-09-30 | 21.00% |
| 2021-06-30 | 19.08% |
| 2021-03-31 | 15.74% |
| 2020-12-31 | 13.61% |
| 2020-09-30 | 13.44% |
| 2020-06-30 | 14.10% |
| 2020-03-31 | 16.30% |
| 2019-12-31 | 17.93% |
| 2019-09-30 | 18.10% |
| 2019-06-30 | 18.31% |
| 2019-03-31 | 18.20% |
| 2018-12-31 | 17.35% |
| 2018-09-30 | 38.32% |
| 2018-06-30 | 34.64% |
| 2018-03-31 | 33.64% |
| 2017-12-31 | 33.03% |
| 2017-09-30 | 14.55% |
| 2017-06-30 | 14.26% |
| 2017-03-31 | 13.68% |
| 2016-12-31 | 13.44% |
| 2016-09-30 | 13.01% |
| 2016-06-30 | 13.08% |
| 2016-03-31 | 13.36% |
| 2015-12-31 | 12.77% |
| 2015-09-30 | 14.07% |
| 2015-06-30 | 15.01% |
| 2015-03-31 | 15.97% |
| 2014-12-31 | 16.12% |
| 2014-09-30 | 16.09% |
| 2014-06-30 | 15.94% |
| 2014-03-31 | 15.63% |
| 2013-12-31 | 16.92% |
| 2013-09-30 | 17.58% |
| 2013-06-30 | 16.98% |
| 2013-03-31 | 17.70% |
| 2012-12-31 | 17.92% |
| 2012-09-30 | 18.59% |
| 2012-06-30 | 20.13% |
| 2012-03-31 | 20.39% |
| 2011-12-31 | 19.33% |
| 2011-09-30 | 17.92% |
| 2011-06-30 | 16.27% |
| 2011-03-31 | 14.75% |
| 2010-12-31 | 14.02% |
| 2010-09-30 | 12.99% |
| 2010-06-30 | 11.70% |
| 2010-03-31 | 10.55% |
| 2009-12-31 | 9.99% |
| 2009-09-30 | 11.71% |
| 2009-06-30 | 14.16% |
| 2009-03-31 | 16.50% |
| 2008-12-31 | 17.86% |
| 2008-09-30 | 16.55% |
| 2008-06-30 | 15.30% |
| 2008-03-31 | 15.08% |
| 2007-12-31 | 15.05% |
| 2007-09-30 | 14.68% |
| 2007-06-30 | 14.93% |
| 2007-03-31 | 15.17% |
| 2006-12-31 | 15.40% |
| 2006-09-30 | 15.22% |
| 2006-06-30 | 13.50% |
| 2006-03-31 | 14.34% |
| 2005-12-31 | 13.79% |
| 2005-09-30 | 13.27% |
| 2005-06-30 | 13.57% |
| 2005-03-31 | 11.62% |
| 2004-12-31 | 11.55% |
| 2004-09-30 | 9.25% |
| 2004-06-30 | 7.61% |
| 2004-03-31 | 6.80% |
| 2003-12-31 | 7.67% |
| 2003-09-30 | 8.85% |
| 2003-06-30 | 8.83% |
