Market Cap for Norfolk Southern (NSC)
According to Norfolk Southern's latest reported financial statements, the company's latest reported market cap is $64.60B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
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Latest period
$64.60B
YoY change
+8.3%
5Y CAGR
-1.0%
Peak year (2021)
$73.86B
Latest annual
$70.26B
Market Cap history chart for Norfolk Southern (NSC) from 1985 to 2026
Market Cap history table for Norfolk Southern (NSC) from 1985 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $70.26B | +8.3% | ||
| 2025 | $64.90B | +22.1% | ||
| 2024 | $53.14B | -1.1% | ||
| 2023 | $53.75B | -7.4% | ||
| 2022 | $58.06B | -21.4% | ||
| 2021 | $73.86B | +21.1% | ||
| 2020 | $60.97B | +18.2% | ||
| 2019 | $51.56B | +23.1% | ||
| 2018 | $41.90B | -0.4% | ||
| 2017 | $42.06B | +31.5% | ||
| 2016 | $31.99B | +24.2% | ||
| 2015 | $25.75B | -24.8% | ||
| 2014 | $34.25B | +17.0% | ||
| 2013 | $29.29B | +45.6% | ||
| 2012 | $20.11B | -21.4% | ||
| 2011 | $25.60B | +9.6% | ||
| 2010 | $23.36B | +19.7% | ||
| 2009 | $19.51B | +9.1% | ||
| 2008 | $17.88B | -10.9% | ||
| 2007 | $20.07B | -3.8% | ||
| 2006 | $20.86B | +13.0% | ||
| 2005 | $18.47B | +27.7% | ||
| 2004 | $14.46B | +56.6% | ||
| 2003 | $9.24B | +18.5% | ||
| 2002 | $7.79B | +10.0% | ||
| 2001 | $7.09B | +39.3% | ||
| 2000 | $5.09B | -34.6% | ||
| 1999 | $7.78B | -35.5% | ||
| 1998 | $12.05B | +4.1% | ||
| 1997 | $11.57B | +3.0% | ||
| 1996 | $11.24B | +7.2% | ||
| 1995 | $10.48B | +26.8% | ||
| 1994 | $8.26B | -16.7% | ||
| 1993 | $9.91B | +13.2% | ||
| 1992 | $8.76B | +4.3% | ||
| 1991 | $8.40B | +25.8% | ||
| 1990 | $6.67B | -5.4% | ||
| 1989 | $7.05B | +23.2% | ||
| 1988 | $5.73B | +13.9% | ||
| 1987 | $5.03B | -6.1% | ||
| 1986 | $5.35B | +4.3% | ||
| 1985 | $5.13B | — |
Market Cap values are taken from Norfolk Southern's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Norfolk Southern (NSC) most recent annual market cap stands at $70.26B (2026) – grew 8.3% year-over-year.
Across 2021–2026 (5 years), Norfolk Southern market cap produced a CAGR of -1.0% – sustaining 2 straight years of year-over-year growth.
Between 2021 and 2026, Norfolk Southern market cap edged down 4.9%, falling from $73.86B to $70.26B.
2021 marks the peak market cap at $73.86B, with the historical low of $5.03B recorded in 1987.
Norfolk Southern (NSC) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $171.07B.
Norfolk Southern Market Cap by Year
Norfolk Southern Market Cap 2026: $70.26B
Norfolk Southern market cap in 2026 was $70.26B, grew 8.3% from 2025.
Norfolk Southern Market Cap 2025: $64.90B
Norfolk Southern market cap in 2025 was $64.90B, grew 22.1% from 2024.
Norfolk Southern Market Cap 2024: $53.14B
Norfolk Southern market cap in 2024 was $53.14B, edged down 1.1% below 2023.
Norfolk Southern Market Cap 2023: $53.75B
Norfolk Southern market cap in 2023 was $53.75B, declined 7.4% below 2022.
Norfolk Southern Market Cap 2022: $58.06B
Norfolk Southern market cap in 2022 was $58.06B.
See more financial history for Norfolk Southern (NSC).
Sector peers — Market Cap
Companies in the same sector as Norfolk Southern, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $380.54B | Industrials |
| GE Aerospace (GE) | $302.16B | Industrials |
| RTX Corporation (RTX) | $236.58B | Industrials |
| The Boeing Company (BA) | $181.88B | Industrials |
| Eaton Corporation plc (ETN) | $160.26B | Industrials |
| Union Pacific Corporation (UNP) | $158.96B | Industrials |
| Deere & Company (DE) | $152.30B | Industrials |
| Honeywell International Inc. (HON) | $134.92B | Industrials |
Frequently asked questions
What is Norfolk Southern's market cap?
- Latest reported market cap for Norfolk Southern (NSC) is $64.60B (period ending March 31, 2026).
How has Norfolk Southern market cap changed year-over-year?
- Norfolk Southern (NSC) market cap changed +8.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Norfolk Southern market cap?
- Norfolk Southern (NSC) market cap compound annual growth rate is -1.0% over the most recent 5 years available.
When did Norfolk Southern market cap hit its highest annual value?
- Norfolk Southern market cap reached its highest annual value of $73.86B in 2021.
What was Norfolk Southern market cap in 2025?
- Norfolk Southern (NSC) market cap in 2025 was $64.90B.
What was Norfolk Southern market cap in 2026?
- Norfolk Southern (NSC) market cap in 2026 was $70.26B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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