Norfolk Southern forward PE NSC
Share price divided by analysts' consensus earnings for the next twelve months, since 1996.
- Today, Oct 23, 2026
- 24.2×
- 10-year median
- 20.2×
- Against its 10-year history
- 94th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 14.6× to 25.9×
- Peer median
- 23.6×
Norfolk Southern's forward PE is 24.2× as of Oct 23, 2026.
That is above its ten-year median of 20.2×, higher than on 94% of days in the last ten years.
Over that time it ranged from 14.6× in Mar 2020 to 25.9× in Jul 2026.
The median for 3 railroad stocks of a similar size is 23.6×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 24.2× | 22.5× | 25.9× |
| 2025 | 24.2× | 17.7× | 25.5× |
| 2024 | 19.5× | 18.6× | 22.8× |
| 2023 | 20.8× | 16.2× | 21.6× |
| 2022 | 19.9× | 15.7× | 22.8× |
| 2021 | 22.9× | 19.7× | 24.6× |
| 2020 | 21.8× | 14.6× | 25.4× |
| 2019 | 23.7× | 15.7× | 23.7× |
| 2018 | 15.5× | 15.1× | 20.4× |
| 2017 | 19.1× | 16.8× | 21.1× |
| 2016 | 19.1× | 13.9× | 19.5× |
| 2015 | 17.2× | 15.4× | 22.3× |
| 2014 | 20.7× | 14.2× | 21.6× |
| 2013 | 15.3× | 12.9× | 15.3× |
| 2012 | 12.3× | 11.3× | 15.5× |
| 2011 | 14.4× | 12.0× | 16.0× |
| 2010 | 14.5× | 12.9× | 16.7× |
| 2009 | 15.4× | 9.5× | 16.0× |
| 2008 | 14.0× | 12.5× | 21.3× |
| 2007 | 14.4× | 12.9× | 16.9× |
Against its peers
Companies in Railroads nearest Norfolk Southern's size, closest first, today.
| Company | Forward PE |
|---|---|
| NSCNorfolk Southern | 24.2× |
| CSXCSX | 23.6× |
| WABWestinghouse Air Brake Technologies | 24.0× |
| UNPUnion Pacific | 21.5× |
| Peer median | 23.6× |
Where Norfolk Southern ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on Norfolk Southern
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.