Norfolk Southern (STU:NFS) Enterprise Value: €75,710 Mil (As of Jun. 27, 2026) ***


STU:NFS Norfolk Southern Corp STU:NFS
84 GF Score
Price €273.40
GF Value €222.11
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Norfolk Southern Enterprise Value?

Norfolk Southern STU:NFS +0.15% 84 Enterprise Value is €75,710 Mil as of Jun. 27, 2026. GuruFocus rates STU:NFS with a GF Score™ of 84/100 and a GF Value™ of €222.11 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Norfolk Southern's Enterprise Value is €75,710 Mil. Norfolk Southern's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €3,603 Mil. Therefore, Norfolk Southern's EV-to-EBIT ratio for today is 21.01.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Norfolk Southern's Enterprise Value is €75,710 Mil. Norfolk Southern's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €4,806 Mil. Therefore, Norfolk Southern's EV-to-EBITDA ratio for today is 15.75.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Norfolk Southern's Enterprise Value is €75,710 Mil. Norfolk Southern's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €10,473 Mil. Therefore, Norfolk Southern's EV-to-Revenue ratio for today is 7.23.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Norfolk Southern's Enterprise Value is €75,710 Mil. Norfolk Southern's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €3,222 Mil. Therefore, Norfolk Southern's EV-to-OCF ratio for today is 23.50.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Norfolk Southern's Enterprise Value is €75,710 Mil. Norfolk Southern's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,388 Mil. Therefore, Norfolk Southern's EV-to-FCF ratio for today is 54.56.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Norfolk Southern  (STU:NFS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Norfolk Southern's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=75709.676/3603.345
=21.01

Norfolk Southern's current Enterprise Value is €75,710 Mil.
Norfolk Southern's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,603 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Norfolk Southern's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=75709.676/4805.765
=15.75

Norfolk Southern's current Enterprise Value is €75,710 Mil.
Norfolk Southern's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,806 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Norfolk Southern's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=75709.676/10473.192
=7.23

Norfolk Southern's current Enterprise Value is €75,710 Mil.
Norfolk Southern's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €10,473 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Norfolk Southern's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=75709.676/3222.013
=23.50

Norfolk Southern's current Enterprise Value is €75,710 Mil.
Norfolk Southern's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,222 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Norfolk Southern's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=75709.676/1387.74
=54.56

Norfolk Southern's current Enterprise Value is €75,710 Mil.
Norfolk Southern's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,388 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Norfolk Southern Enterprise Value Related Terms


Norfolk Southern Enterprise Value Historical Data

* Premium members only.

The historical data trend for Norfolk Southern's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Norfolk Southern Enterprise Value Chart

Norfolk Southern Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74,553.93 67,019.56 62,744.80 65,820.24 68,679.42

Norfolk Southern Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64,140.12 62,444.33 70,340.88 68,679.42 69,331.71

STU:NFS vs CSX, WAB, TRN: Enterprise Value Comparison

For the Railroads subindustry, Norfolk Southern's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norfolk Southern Enterprise Value vs Transportation Industry

For the Transportation industry and Industrials sector, Norfolk Southern's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Norfolk Southern's Enterprise Value falls into.


STU:NFS
84GF Score
Norfolk Southern Corp STU:NFS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Norfolk Southern Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Norfolk Southern's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Norfolk Southern's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €75,710 Mil mean?
Norfolk Southern (STU:NFS) has a Enterprise Value of €75,710 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Norfolk Southern and its competitors.
Is Norfolk Southern's Enterprise Value too high?
Norfolk Southern's current Enterprise Value is €75,710 Mil. Overall, Norfolk Southern has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norfolk Southern's Enterprise Value compare to CSX and WAB?
Norfolk Southern's Enterprise Value of €75,710 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Transportation company?
A good Enterprise Value depends on the Transportation industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Norfolk Southern and its competitors. Norfolk Southern's current Enterprise Value is €75,710 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norfolk Southern stock overvalued right now?
Based on GuruFocus' analysis, Norfolk Southern (STU:NFS) is currently considered Modestly Overvalued. The stock's GF Value™ is €222.11, compared to a current price of €273.40 — trading 23.1% above its estimated fair value. The current Enterprise Value is €75,710 Mil. Norfolk Southern's overall GF Score™ is 84/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Norfolk Southern (STU:NFS), the current Enterprise Value is €75,710 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norfolk Southern (STU:NFS) Overvalued in 2026?

Based on GuruFocus' analysis, Norfolk Southern stock appears to be overvalued. The current stock price of €273.40 is trading 23.1% above its estimated GF Value™ of €222.11. GuruFocus considers Norfolk Southern to be Modestly Overvalued.

Key valuation signals for STU:NFS:

  • Enterprise Value: €75,710 Mil
  • GF Value™: €222.11 vs. price of €273.40 (23.1% above fair value)
  • GF Score™: 84/100 with 10 warning signs

No single metric tells the full story. See the STU:NFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norfolk Southern Business Description

Address 650 West Peachtree Street NW, Atlanta, GA, USA, 30308-1925
Class I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automotive, agricultural, metal, chemical, and forest products.
84GF Score

Get the complete analysis for STU:NFS

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€273.40
Price
€222.11
GF Value