Zacks Investment Research·2d ago
Schneider & Norfolk Southern Unite for Domestic Intermodal CapacitySNDR and NSC collaborate to expand U.S. intermodal capacity, combining logistics expertise with rail infrastructure to boost freight efficiency.
Norfolk Southern's revenue growth inflected to 13.6% year-over-year in Q3 2026 after eight quarters of stagnation, with EPS recovering to $3.37 from the $2.43 trough in Q1 2026, suggesting volume and pricing momentum may be returning across its Eastern freight network.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 13.6% in Q3 2026 with EPS of $3.37, yet operating margin remains 860 basis points below its 41.2% Q3 2024 peak at 32.6%, suggesting top-line momentum has not translated into profitability recovery.
Accelerated operating ratio improvement under activist-aligned management could drive EPS meaningfully above consensus, warranting significant multiple expansion.
Norfolk Southern announced a quarterly dividend of $1.35 per share, demonstrating commitment to returning value to shareholders.
With operations since 1827 and a network spanning 22 states, Norfolk Southern has a robust and enduring infrastructure.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 22, 2026 | $3.62+4.6% vs $3.46 | $3.5B+0.6% vs $3.5B |
Q3 2026 Jul 23, 2026 | $3.52+6.0% vs $3.32 | $3.5B+3.6% vs $3.4B |
Q2 2026 Apr 24, 2026 | $2.65+6.4% vs $2.49 | $3.0B+0.1% vs $3.0B |
Q1 2026 Jan 29, 2026 | $3.22+16.7% vs $2.76 | $3.0B-0.9% vs $3.0B |
SNDR and NSC collaborate to expand U.S. intermodal capacity, combining logistics expertise with rail infrastructure to boost freight efficiency.
Revenue excluding fuel increased 6% year over year. Operational changes eliminated 95 crew starts per week.
GREEN BAY, Wis. & ATLANTA--(BUSINESS WIRE)--Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, and Norfolk Southern Corporation (NYSE: NSC) today announced a strategic agreement that combines Schneider's 35 years of intermodal expertise, professional company drivers, company-owned assets and logistics capabilities with Norfolk Southern's extensive eastern U.S. intermodal network and ongoing infrastructure investments. The p.
Collaboration brings together Schneider's asset-based expertise with Norfolk Southern's eastern U.S. intermodal network to deliver greater efficiency and more flexible capacity for shippers Key Takeaways Norfolk Southern and Schneider are partnering to advance domestic intermodal growth by combining Norfolk Southern's eastern U.S. rail network and infrastructure investments with Schneider's asset-based intermodal services. The partnership gives shippers a more scalable alternative to over-the-road transportation, with improved efficiency, flexible capacity and greater supply chain resilience.
Benchmark NSC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Norfolk Southern Corporation (NSC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $319.94 | $71.86B | 26.84 | 0.47% | 20.71% | 16.69% | 1.69% | |
| $49.12 | $90.99B | 25.42 | -3.08% | 23.97% | 25.94% | 1.06% | |
| $290.16 | $172.38B | 22.64 | 1.07% | 28.9% | 37.82% | 1.88% | |
| $92.17 | $81.02B | 29.55 | 3.66% | 24.14% | 8.19% | 0.67% | |
| $283.59 | $47.9B | 34.99 | 7.51% | 11.2% | 12.13% | 0.36% | |
| $4.24 | $139.04M | -10.86 | -10.45% | -2.69% | — | — |
Norfolk Southern Corporation (NSC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Norfolk Southern Corporation (NSC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 22, 2026·SEC
Jul 23, 2026·SEC
Jun 1, 2026·SEC
Feb 9, 2026·SEC
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Norfolk Southern Corporation (NSC) stock FAQ — growth, dividends, profitability & financials explained
Norfolk Southern Corporation (NSC) reported $12.96B in revenue over the trailing twelve months. Revenue was $12.18B in fiscal year 2025. That is 155% more than the $4.77B of fiscal year 1996.
Norfolk Southern Corporation (NSC) grew revenue by 6.0% over the trailing twelve months, compared with the twelve months before.
Yes. Norfolk Southern Corporation (NSC) earned $2.68B in net income over the trailing twelve months (a 20.7% net margin).
Yes. Norfolk Southern Corporation (NSC) pays a dividend that yields 1.69% at the current price, a moderate yield.
Norfolk Southern Corporation (NSC) had a return on equity (ROE) of 16.7% over the trailing twelve months. That is above the market's typical 10-15%.
Norfolk Southern Corporation (NSC) generated $3.85B in free cash flow over the trailing twelve months.
