Norfolk Southern Corporation NSC NYSE

Norfolk Southern Corporation (NSC) generated $4.36B in operating cash flow for fiscal year 2025. After capital expenditures of $2.2B, free cash flow was $2.16B.

Free cash flow margin was 17.7% of revenue. Cash conversion ratio was 1.52x, indicating earnings are backed by cash.

The company returned $1.22B in dividends and $534M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (73/100, Pass) — $2.16B (17.7% FCF margin) supports a durable competitive advantage
• INCOME (85/100) — Cash conversion ratio was 1.52x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 59/100 with 3/7 criteria passed.