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NSC vs. UPS: Norfolk Southern vs. United Parcel Service Stock Comparison

How do Norfolk Southern (NSC) and United Parcel Service (UPS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Norfolk Southern (NSC) and United Parcel Service (UPS) both fall under the Transportation industry group, but NSC is classified in Ground Transportation while UPS is classified in Air Freight & Logistics.

Company profile comparison for Norfolk Southern (NSC) and United Parcel Service (UPS)
Profile ItemNSCUPS
NameNorfolk Southern CorporationUnited Parcel Service, Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupTransportationTransportation
GICS IndustryGround TransportationAir Freight & Logistics
GICS Sub-IndustryRail TransportationAir Freight & Logistics
Market Capitalization75.11 billion USD88.91 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 2, 1982November 10, 1999
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NSC
UPS
GSPC
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Norfolk Southern (NSC) vs. United Parcel Service (UPS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Norfolk Southern (NSC) and United Parcel Service (UPS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Norfolk Southern (NSC) and United Parcel Service (UPS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
Total Return (1Y)20.46%26.13%
Total Return (3Y, Annualized)18.26%-11.39%
Total Return (5Y, Annualized)6.67%-7.55%

Risk Profile

Drawdown History

NSC
UPS
GSPC
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Norfolk Southern (NSC) vs. United Parcel Service (UPS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Norfolk Southern (NSC) and United Parcel Service (UPS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
Volatility (1Y, Annualized)20.44%29.39%
Beta (5Y)1.271.05
Max Drawdown (5Y)-35.64%-57.92%
Avg. Volume (3M)1.18M5.34M

Risk-Adjusted Performance

Risk-Return Positioning

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NSC and UPS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
Sharpe Ratio (1Y)0.810.75
Sortino Ratio (1Y)1.271.05

Profitability

ROE (TTM)

United Parcel Service (UPS) at 29.60% sits in the top ROE quartile, while Norfolk Southern (NSC) at 16.99% is closer to the peer norm — stronger capital efficiency for UPS.

NSC

Transportation industry group

16.99%

Max
42.67%
Q3
21.91%
NSC
16.99%
Median
11.31%
Q1
1.69%
Min
-15.07%

UPS

Transportation industry group

29.60%

Max
42.67%
UPS
29.60%
Q3
21.91%
Median
11.31%
Q1
1.69%
Min
-15.07%
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their ROE against the Transportation industry group benchmark.

Net Margin (TTM)

Norfolk Southern (NSC) at 21.02% retains a top-quartile share of revenue as profit, ahead of United Parcel Service (UPS) at 5.08%, which keeps about the industry-typical share.

NSC

Transportation industry group

21.02%

Max
50.36%
NSC
21.02%
Q3
20.85%
Median
5.56%
Q1
0.93%
Min
-11.37%

UPS

Transportation industry group

5.08%

Max
50.36%
Q3
20.85%
Median
5.56%
UPS
5.08%
Q1
0.93%
Min
-11.37%
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their net margin against the Transportation industry group benchmark.

Operating Margin (TTM)

Norfolk Southern (NSC) at 35.30% operates in the top operating margin quartile, ahead of United Parcel Service (UPS) at 9.05%, which runs around its industry’s norm.

NSC

Transportation industry group

35.30%

Max
53.49%
NSC
35.30%
Q3
25.45%
Median
10.71%
Q1
3.19%
Min
-11.50%

UPS

Transportation industry group

9.05%

Max
53.49%
Q3
25.45%
Median
10.71%
UPS
9.05%
Q1
3.19%
Min
-11.50%
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their operating margin against the Transportation industry group benchmark.

Profitability Metrics

Profitability metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
ROE (TTM)16.99%29.60%
ROA (TTM)5.95%7.23%
Net Margin (TTM)21.02%5.08%
Operating Margin (TTM)35.30%9.05%
Gross Margin (TTM)45.16%22.41%

Growth

Revenue Growth

Norfolk Southern (NSC) at 0.47% is around its peer norm for revenue growth, while United Parcel Service (UPS) at -2.65% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Norfolk Southern (NSC) at 10.20% and United Parcel Service (UPS) at -2.81% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
Revenue Growth (YoY)0.47%-2.65%
Revenue Growth (3Y CAGR)-1.50%-4.04%
EPS Growth (YoY)10.20%-2.81%
EPS Growth (3Y CAGR)-2.79%-20.79%

Financial Strength

Current Ratio (MRQ)

Both Norfolk Southern (NSC) at 0.83 and United Parcel Service (UPS) at 1.18 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

NSC

Transportation industry group

0.83

Max
2.50
Q3
1.59
Median
1.14
NSC
0.83
Q1
0.79
Min
0.28

UPS

Transportation industry group

1.18

Max
2.50
Q3
1.59
UPS
1.18
Median
1.14
Q1
0.79
Min
0.28
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their current ratio against the Transportation industry group benchmark.

Debt / Equity (MRQ)

Norfolk Southern (NSC) at 1.06 carries an industry-typical debt-to-equity mix, while United Parcel Service (UPS) at 1.90 uses more debt funding than most peers.

NSC

Transportation industry group

1.06

Max
2.94
Q3
1.45
NSC
1.06
Median
0.82
Q1
0.36
Min
0.00

UPS

Transportation industry group

1.90

Max
2.94
UPS
1.90
Q3
1.45
Median
0.82
Q1
0.36
Min
0.00
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their debt-to-equity ratio against the Transportation industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
Current Ratio (MRQ)0.831.18
Debt / Equity (MRQ)1.061.90
Net Debt / EBITDA2.842.00

Dividends

Dividend Yield (TTM)

Norfolk Southern (NSC) at 1.60% pays an industry-typical yield; United Parcel Service (UPS) at 6.22% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

NSC

Transportation industry group

1.60%

Max
3.74%
Q3
1.77%
NSC
1.60%
Median
0.67%
Q1
0.00%
Min
0.00%

UPS

Transportation industry group

6.22%

UPS
6.22%
Max
3.74%
Q3
1.77%
Median
0.67%
Q1
0.00%
Min
0.00%
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their dividend yield against the Transportation industry group benchmark.

Dividend Payout Ratio (TTM)

United Parcel Service (UPS) reports payout ratio above 100% at 121.93%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Norfolk Southern (NSC) reports 46.08%, ranking against industry peers normally.

NSC

Transportation industry group

46.08%

Max
100.88%
NSC
46.08%
Q3
44.15%
Median
20.14%
Q1
0.00%
Min
0.00%

UPS

Transportation industry group

121.93%

UPS
121.93%
Max
100.88%
Q3
44.15%
Median
20.14%
Q1
0.00%
Min
0.00%
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their payout ratio against the Transportation industry group benchmark.

Dividend Metrics

Dividend metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
Dividend Yield (TTM)1.60%6.22%
Dividend Payout Ratio (TTM)46.08%121.93%

Valuation

P/E Ratio (TTM)

Both Norfolk Southern (NSC) at 28.83 and United Parcel Service (UPS) at 19.42 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

NSC

Transportation industry group

28.83

Max
62.08
Q3
34.61
NSC
28.83
Median
20.36
Q1
12.48
Min
2.19

UPS

Transportation industry group

19.42

Max
62.08
Q3
34.61
Median
20.36
UPS
19.42
Q1
12.48
Min
2.19
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their P/E ratio against the Transportation industry group benchmark.

P/S Ratio (TTM)

United Parcel Service (UPS) at 0.99 prices around its industry’s typical P/S ratio, while Norfolk Southern (NSC) at 5.99 clears its benchmark range — NSC looks notably rich on sales.

NSC

Transportation industry group

5.99

NSC
5.99
Max
4.54
Q3
2.43
Median
1.30
Q1
0.65
Min
0.07

UPS

Transportation industry group

0.99

Max
4.54
Q3
2.43
Median
1.30
UPS
0.99
Q1
0.65
Min
0.07
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their P/S ratio against the Transportation industry group benchmark.

P/B Ratio (MRQ)

Both Norfolk Southern (NSC) at 4.62 and United Parcel Service (UPS) at 5.90 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

NSC

Transportation industry group

4.62

Max
8.71
NSC
4.62
Q3
4.24
Median
2.00
Q1
1.17
Min
-2.47

UPS

Transportation industry group

5.90

Max
8.71
UPS
5.90
Q3
4.24
Median
2.00
Q1
1.17
Min
-2.47
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Norfolk Southern (NSC) vs. United Parcel Service (UPS): A comparison of their P/B ratio against the Transportation industry group benchmark.

Valuation Metrics

Valuation metrics for Norfolk Southern (NSC) and United Parcel Service (UPS)
MetricNSCUPS
P/E Ratio (TTM)28.8319.42
P/S Ratio (TTM)5.990.99
P/B Ratio (MRQ)4.625.90
Free Cash Flow Yield (TTM)1.84%6.25%