NSC · Norfolk Southern Corp
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 23, 2026TL;DR. Norfolk Southern reported a record $3.5 billion in Q2 revenue with adjusted EPS up 7% year-over-year, driven by 4% volume growth and strength across intermodal, chemicals, and coal, while raising 2026 operating expense guidance to $8.8–$8.9 billion primarily to reflect an estimated $400–$500 million in incremental fuel expense.
- + Cost-takeout program is committed to at least $150 million in 2026, exceeding the original cumulative target with at least $650 million over three years.
- + Industrial development pipeline is projected to nearly double versus last year's level of new facilities entering design and construction in 2026.
- + Management expects Q3 operating ratio to be up to 100 basis points better than normal seasonality, aided by a sequential fuel tailwind.
- − 2026 operating expense guidance was raised to $8.8–$8.9 billion (from $8.2–$8.4 billion) due to an estimated $400–$500 million of incremental fuel expense.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted (non-GAAP) Income from railway operations non-GAAP | $1.2B | Second Quarter 2026 filing | — |
| Adjusted (non-GAAP) Railway operating expenses non-GAAP | $2.27B | Second Quarter 2026 filing | — |
| Adjusted operating ratio non-GAAP | 65.5% | Second Quarter 2026 filing | — |
| Average rail headcount change | 320 | Second Quarter 2026 filing | — |
| Coal tonnage - Total | 21.19M | Second Quarter 2026 filing | — |
| Effective tax rate | 23.5% | Second Quarter 2026 filing | — |
| Fuel surcharge revenue | $415M | Second Quarter 2026 filing | — |
| Intermodal units - Domestic | 668.9K | Second Quarter 2026 filing | — |
| Intermodal units - International | 395.2K | Second Quarter 2026 filing | — |
| Intermodal units - Total | 1.06M | Second Quarter 2026 filing | — |
| Total Units | 1.86M | Second Quarter 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Railroads — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NSC
this stock
Norfolk Southern Corp
|
$70.56B | +8.8% | +6.7% | 26.8 | 2.6% |
|
UNP
Union Pacific Corp
|
$165.97B | +20.8% | -10.0% | 22.6 | 4.7% |
|
CSX
Csx Corp
|
$89.40B | +29.9% | +17.6% | 27.9 | 2.2% |
|
CP
Canadian Pacific Kansas City Ltd/Cn
|
$78.20B | +18.8% | — | — | 2.3% |
|
CNI
Canadian National Railway Co
|
$73.04B | +20.3% | — | — | 1.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NSC | -1.9% | -9.4% | +10.9% | -8.4% | +8.8% |
| SPY | -0.3% | -0.1% | +20.1% | -0.7% | +11.7% |
| vs SPY | -1.6% | -9.2% | -9.2% | -7.7% | -2.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.