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NSC vs. CNI
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

NSC vs. CNI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Norfolk Southern Corporation (NSC) and Canadian National Railway Company (CNI). The values are adjusted to include any dividend payments, if applicable.

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NSC vs. CNI - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NSC
Norfolk Southern Corporation
-0.16%25.65%1.55%-1.63%-15.59%27.26%24.76%32.39%5.22%36.85%
CNI
Canadian National Railway Company
4.62%-0.10%-17.51%7.84%-1.86%13.70%23.66%24.26%-8.49%25.03%

Fundamentals

Market Cap

NSC:

$64.52B

CNI:

$63.31B

EPS

NSC:

$12.78

CNI:

$7.59

PE Ratio

NSC:

22.46

CNI:

13.55

PS Ratio

NSC:

5.30

CNI:

3.69

PB Ratio

NSC:

4.15

CNI:

2.94

Total Revenue (TTM)

NSC:

$12.18B

CNI:

$17.31B

Gross Profit (TTM)

NSC:

$5.17B

CNI:

$7.54B

EBITDA (TTM)

NSC:

$5.85B

CNI:

$8.82B

Returns By Period

In the year-to-date period, NSC achieves a -0.16% return, which is significantly lower than CNI's 4.62% return. Over the past 10 years, NSC has outperformed CNI with an annualized return of 15.58%, while CNI has yielded a comparatively lower 7.22% annualized return.


NSC

1D
1.65%
1M
-8.81%
YTD
-0.16%
6M
-3.58%
1Y
23.64%
3Y*
13.15%
5Y*
3.27%
10Y*
15.58%

CNI

1D
1.42%
1M
-7.82%
YTD
4.62%
6M
10.39%
1Y
8.19%
3Y*
-2.31%
5Y*
-0.74%
10Y*
7.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

NSC vs. CNI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NSC
NSC Risk / Return Rank: 7676
Overall Rank
NSC Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
NSC Sortino Ratio Rank: 7171
Sortino Ratio Rank
NSC Omega Ratio Rank: 7272
Omega Ratio Rank
NSC Calmar Ratio Rank: 7878
Calmar Ratio Rank
NSC Martin Ratio Rank: 8181
Martin Ratio Rank

CNI
CNI Risk / Return Rank: 5151
Overall Rank
CNI Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
CNI Sortino Ratio Rank: 4848
Sortino Ratio Rank
CNI Omega Ratio Rank: 4646
Omega Ratio Rank
CNI Calmar Ratio Rank: 5555
Calmar Ratio Rank
CNI Martin Ratio Rank: 5353
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NSC vs. CNI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Norfolk Southern Corporation (NSC) and Canadian National Railway Company (CNI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


NSCCNIDifference

Sharpe ratio

Return per unit of total volatility

1.06

0.36

+0.70

Sortino ratio

Return per unit of downside risk

1.61

0.68

+0.93

Omega ratio

Gain probability vs. loss probability

1.22

1.08

+0.14

Calmar ratio

Return relative to maximum drawdown

2.00

0.55

+1.45

Martin ratio

Return relative to average drawdown

6.08

1.00

+5.08

NSC vs. CNI - Sharpe Ratio Comparison

The current NSC Sharpe Ratio is 1.06, which is higher than the CNI Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of NSC and CNI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NSCCNIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.06

0.36

+0.70

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

-0.03

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.32

+0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.57

-0.15

Correlation

The correlation between NSC and CNI is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

NSC vs. CNI - Dividend Comparison

NSC's dividend yield for the trailing twelve months is around 1.88%, less than CNI's 2.53% yield.


TTM20252024202320222021202020192018201720162015
NSC
Norfolk Southern Corporation
1.88%1.87%2.30%2.28%2.01%1.40%1.58%1.85%2.03%1.68%2.18%2.79%
CNI
Canadian National Railway Company
2.53%2.58%2.43%1.85%1.41%1.61%1.59%1.79%2.01%2.00%2.23%2.24%

Drawdowns

NSC vs. CNI - Drawdown Comparison

The maximum NSC drawdown since its inception was -67.74%, which is greater than CNI's maximum drawdown of -46.66%. Use the drawdown chart below to compare losses from any high point for NSC and CNI.


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Drawdown Indicators


NSCCNIDifference

Max Drawdown

Largest peak-to-trough decline

-67.74%

-46.66%

-21.08%

Max Drawdown (1Y)

Largest decline over 1 year

-13.51%

-14.84%

+1.33%

Max Drawdown (5Y)

Largest decline over 5 years

-35.64%

-29.14%

-6.50%

Max Drawdown (10Y)

Largest decline over 10 years

-44.42%

-29.15%

-15.27%

Current Drawdown

Current decline from peak

-9.70%

-18.86%

+9.16%

Average Drawdown

Average peak-to-trough decline

-15.19%

-9.49%

-5.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.44%

8.20%

-3.76%

Volatility

NSC vs. CNI - Volatility Comparison

The current volatility for Norfolk Southern Corporation (NSC) is 5.69%, while Canadian National Railway Company (CNI) has a volatility of 6.96%. This indicates that NSC experiences smaller price fluctuations and is considered to be less risky than CNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NSCCNIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.69%

6.96%

-1.27%

Volatility (6M)

Calculated over the trailing 6-month period

12.49%

15.97%

-3.48%

Volatility (1Y)

Calculated over the trailing 1-year period

22.63%

22.96%

-0.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.71%

22.39%

+2.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.64%

22.61%

+5.03%

Financials

NSC vs. CNI - Financials Comparison

This section allows you to compare key financial metrics between Norfolk Southern Corporation and Canadian National Railway Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


3.00B3.50B4.00B4.50BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
2.97B
4.46B
(NSC) Total Revenue
(CNI) Total Revenue
Values in USD except per share items

NSC vs. CNI - Profitability Comparison

The chart below illustrates the profitability comparison between Norfolk Southern Corporation and Canadian National Railway Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%60.0%70.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
70.5%
46.3%
Portfolio components
NSC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Norfolk Southern Corporation reported a gross profit of 2.10B and revenue of 2.97B. Therefore, the gross margin over that period was 70.5%.

CNI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Canadian National Railway Company reported a gross profit of 2.07B and revenue of 4.46B. Therefore, the gross margin over that period was 46.3%.

NSC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Norfolk Southern Corporation reported an operating income of 937.00M and revenue of 2.97B, resulting in an operating margin of 31.5%.

CNI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Canadian National Railway Company reported an operating income of 1.73B and revenue of 4.46B, resulting in an operating margin of 38.8%.

NSC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Norfolk Southern Corporation reported a net income of 644.00M and revenue of 2.97B, resulting in a net margin of 21.7%.

CNI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Canadian National Railway Company reported a net income of 1.25B and revenue of 4.46B, resulting in a net margin of 28.0%.