NSC Norfolk Southern Corp.

XNYS 328.42 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NSC $328.42 —
Key stats
$328.42
52-Week Range
$277.80 – $358.60
YTD
+14.11%
IV Rank (30D)
44.19
Straddle Price
$17.70
P/C Vol Ratio
5.21
Market Cap
$73.1B
Open
$326.63
Day Range
$325.33 – $328.50
Volume
968,023
Prev Close
$325.57
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.09%
Beta vs SPY0.83
Cost of Equity (CAPM)9.26% (VRP-adj)
WACC8.62%
Volatility Risk Premium+25.7pp (IV − HV30)
Effective Tax Rate21.6%
Rev. Growth (YoY, DCF input)+11.7%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$1.6B
Return on Equity (TTM)16.2%
Book / Price22.2%
Gross Margin (TTM)100.0%
FCF Margin (TTM)13.0%
Debt / Equity0.98
Quality Score3/6 — normal (10y DCF)
Market-Implied Growth+22.6% (reverse-DCF on current price)
SMA 50$326.79 (Market Anchor value)
SMA 20 / Bollinger Mid$317.47
Bollinger Width / SMA202.0% (drives anchor stability)
Net Debt$14.9B
Market Cap$73B
Peers used for multiples: CNI, CSX, EXPD, FDX, ODFL, UNP, UPS, XPO
60-Day Conviction
87%
20-Day Fair Value
≈ by Nov 19, 2026
$336.30
α +2.5% rank 4%
conviction
95%
40-Day Fair Value
≈ by Dec 18, 2026
$340.48
α +3.8% rank 3%
conviction
93%
60-Day Fair Value
≈ by Jan 18, 2027
$339.35
α +3.4% rank 5%
conviction
87%
MethodImplied PriceWeightDetail
DCF $142.82 19%
DDM (Gordon) $132.96 0%
Peer P/E $354.79 9% median 27.5× · 7 peers
Peer EV/EBITDA $367.26 9% median 15.8× · 7 peers
Peer P/B $595.94 2% median 8.2× · 7 peers
Peer P/S $155.11 6% median 2.5× · 7 peers
Market Anchor (SMA50) $326.79 38% stability 100% (BB-width)
Options Expected (B-L 30d) $325.91 19% 22 strikes · skew -1.23
As of 2026-10-21 · updated
About
Industry (SIC)
RAILROADS, LINE-HAUL OPERATING (4011) · industry map
Exchange
XNYS
Market Cap
$73.1B
Employees
19,300
List Date
1982-06-02
CIK
0000702165
Next Earnings
2026-10-22 (Pre-Market)
EPS Forecast
$3.48 (6 est.)
Headquarters
Atlanta, GA
Homepage
https://www.norfolksouthern.com

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.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan1.36%-6.96%-0.76%-0.18%8.82%1.19%0.58%
Feb5.06%-6.52%-9.63%-0.72%-1.83%7.99%-0.94%
Mar4.15%11.82%-5.95%-1.02%-3.38%-9.60%-0.66%
Apr2.97%-2.99%-2.75%-8.60%-5.31%10.05%-1.10%
May-0.76%-6.61%-0.21%-2.51%11.43%-3.46%-0.35%
Jun-5.70%-6.06%6.86%-4.07%4.37%3.09%-0.25%
Jul-4.25%9.90%2.06%16.58%5.95%5.52%5.96%
Aug-1.02%-3.90%-12.38%3.94%1.87%1.82%-1.61%
Sep-5.15%-13.06%-4.58%-2.38%7.96%-7.20%-4.07%
Oct20.33%5.20%-0.37%0.92%-5.12%5.75%*4.45%
Nov-8.11%11.53%14.71%10.30%3.52%--6.39%
Dec10.65%-3.88%4.38%-13.95%-0.38%---0.64%
Total17.54%-14.29%-10.96%-5.00%29.60%14.08%5.16%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $318.13
SMA 50: $326.66
SMA 200: $313.35
Current: $328.09
EMA 12: $322.52
EMA 26: $321.57
MACD: 0.9460 | Signal: 1.8919
BEARISH
ADX (14): 25.88
TREND
+DI: 20.57
−DI: 13.68

Momentum Oscillators

RSI (14): 60.63
NEUTRAL
Stoch %K: 84.77
Stoch %D: 83.70
Williams %R: -6.34

Volume & Volatility

BB Upper: $329.34
BB Lower: $306.91
NEUTRAL
OBV: 38,706,858
Vol SMA 20: 753,560
Vol ROC: 17.23%
ATR: $4.80
True Range: $3.17
HV 20: 13.2%
HV 30: 14.3%
HV 60: 16.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Strong technical signals with oversold RSI and bullish MACD histogram
  • Low volatility and beta suggest a relatively stable stock price movement
  • Recent news headlines have been neutral, with no significant impact on the stock price

Primary Risks:

  • Potential for a short-term bounce as oversold conditions are corrected
  • Volatility could increase if the market experiences a sudden shift

Investment Thesis:

NSC is a relatively stable railroad stock with strong technical signals. While recent news headlines have been neutral, the company's merger and expansion plans may provide catalysts for future growth.

Recent News Sentiment Impact: Neutral

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Uptrend
  • Medium-term (1-3 months): Neutral
  • Long-term (3-12 months): Downtrend

Support/Resistance Levels:

  • Key price levels:
    • Upper Bollinger Band: $359.30
    • Middle Bollinger Band: $332.63
    • Lower Bollinger Band: $305.95
  • Moving average crossovers:
    • SMA 20: $332.63 (short-term support)
    • SMA 50: $335.40 (medium-term resistance)

Momentum Signals:

  • RSI interpretation: Oversold (<30), potential buy signal
  • MACD signal: Bullish histogram, potential uptrend continuation
  • Bollinger Bands position: Neutral

Volume Analysis:

  • Volume trends: Increasing volume suggests growing institutional interest
  • Institutional interest signals: High (194 calls vs 85 puts)

News & Sentiment Analysis

Recent Headlines Summary:

The recent news headlines have been neutral, with no significant impact on the stock price. The merger and expansion plans may provide catalysts for future growth.

Sentiment Assessment: Neutral

Catalyst Identification: Upcoming earnings report, potential merger updates

Market Narrative:

The technical signals suggest a relatively stable stock price movement, while the recent news headlines have been neutral. The market narrative is that NSC is a stable railroad stock with potential for future growth.

Risk & Volatility Assessment

Risk Metrics:

  • Beta: 0.26 (low volatility)
  • Alpha: 0.09
  • Correlation: 0.16
  • Stock Volatility: 0.21

Options Market Signals:

  • IV Rank: Low (12.8%)
  • Current IV: 40.5%
  • Expected Move: $15.75 (28 DTE), 7-DTE: $5.50
  • Volume Flow: Bullish (194 calls vs 85 puts)
  • Open Interest: 606 calls vs 572 puts

Downside Protection:

  • Support levels:
    • Lower Bollinger Band: $305.95
    • SMA 200: $310.49
  • Risk management considerations: Stop-loss levels and position sizing considerations

Market Context & Positioning

Sector Performance:

  • Railroad sector: Neutral (0.1% change)

Institutional Activity:

  • Increasing volume suggests growing institutional interest

Correlation Analysis:

  • Correlation with SPY: 0.16 (low)

Relative Valuation:

  • Position within trading range: Middle Bollinger Band ($332.63) is the key level to monitor

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger Band: $305.95
  • SMA 200: $310.49
  • Upper Bollinger Band: $359.30

Breakout/Breakdown Levels:

  • SMA 20: $332.63 (short-term support)
  • SMA 50: $335.40 (medium-term resistance)

Time-Sensitive Catalysts:

  • Upcoming earnings report, potential merger updates

Risk Management:

  • Stop-loss levels and position sizing considerations

Note: This analysis is based on the data provided and should not be considered as investment advice.

Generated
News
All NSC news →
Earnings History
18 of 23 under expected move
Avg Expected Move
3.75%
Avg Actual Move
2.47%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-01-27 Pre-Market 6.12% 1.03% 0.17x Within
2021-04-28 Pre-Market 3.23% 0.79% 0.24x Within
2021-07-28 Pre-Market 3.10% 2.29% 0.74x Within
2021-10-27 Pre-Market 3.14% 0.11% 0.04x Within
2022-01-26 Pre-Market 3.75% 2.10% 0.56x Within
2022-04-27 Pre-Market 2.87% 3.10% 1.08x Exceeded
2022-07-27 Pre-Market 3.73% 0.56% 0.15x Within
2022-10-26 Pre-Market 4.12% 2.94% 0.71x Within
2023-01-25 Pre-Market 3.38% 5.05% 1.49x Exceeded
2023-04-26 Pre-Market 3.54% 2.95% 0.83x Within
2023-07-27 Pre-Market 2.78% 0.67% 0.24x Within
2023-10-25 Pre-Market 3.80% 5.33% 1.40x Exceeded
2024-01-26 Pre-Market 3.10% 1.51% 0.49x Within
2024-04-09 Pre-Market 2.29% 1.25% 0.55x Within
2024-07-25 After-Close 7.36% 10.91% 1.48x Exceeded
2024-10-22 Pre-Market 4.35% 4.94% 1.14x Exceeded
2025-01-29 Pre-Market 4.36% 1.75% 0.40x Within
2025-04-23 After-Close 2.19% 2.13% 0.97x Within
2025-07-29 Pre-Market 4.50% 3.04% 0.68x Within
2025-10-23 After-Close 2.20% 1.17% 0.53x Within
2026-01-29 Pre-Market 2.01% 2.00% 1.00x Within
2026-04-24 Pre-Market 5.02% 0.54% 0.11x Within
2026-07-23 After-Close 5.29% 0.61% 0.12x Within

Earnings calendar: this week’s reports with expected vs actual moves →

NSC Options Activity & IV Rank

NSC IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 23.1%
7-DTE IV: —
Expected Move: $17.70
7-DTE Move: $17.70
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 19
Put Volume: 99
P/C Volume: 5.211
BEARISH
Call OI: 1,061
Put OI: 858
P/C OI: 0.809
Total OI: 1,919

ATM Options Pricing

ATM Call: $7.40
ATM Put: $10.30
Call %: 2.3%
Put %: 3.1%

Chain Summary

Chain Volume: 1,511
Chain OI: 13,348
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 56th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
56%
vs own history
GEX tilt
+0.36
OI-weighted, today
Vanna tilt
+0.59
δ-sensitivity to IV
Charm tilt
-0.63
δ-decay vs time
Vanna tilt +0.59: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.63: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 43 ATM contracts, 5k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 23.3% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)44.2MediumOct 21
Straddle Price (30 DTE)$17.70Oct 21
Beta Analysis

Risk Metrics

Beta: 0.1933
Alpha: 11.69%
Correlation: 0.1186
R-Squared: 1.4%
Stock Volatility: 20.7%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own NSC
5 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$1.64B
1.11%
#5 of 3716+13.5%13F
Citadel Hedge fund
Ken Griffin
$498.8M
0.29%
#46 of 6285-39.5%13F
Third Point Activist
Dan Loeb
$188.8M
3.80%
#12 of 43+500.0%13F
Markel Group Holding company
Tom Gayner
$88.9M
0.68%
#43 of 1300.0%13F
Rockefeller Capital Management Family office
Rockefeller family
$19.2M
0.03%
#501 of 4729+4.8%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

NSC Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 225,000,000 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

1,961 filers192,650,419 shares$59.98B value85.62% of float
# Filer Shares Value % of Total % of Float Period
1 Vanguard Group Inc Custodian 20,825,837 $6.01B 10.02% 9.26% 2025-12-31
2 BlackRock, Inc. Custodian 16,000,346 $5.03B 8.39% 7.11% 2026-06-30
3 Vanguard Capital Management LLC 14,666,136 $4.61B 7.69% 6.52% 2026-06-30
4 State Street Corp 10,242,817 $3.22B 5.37% 4.55% 2026-06-30
5 Vanguard Portfolio Management LLC 7,215,898 $2.27B 3.78% 3.21% 2026-06-30
6 Millennium Management LLC Custodian 5,201,728 $1.64B 2.73% 2.31% 2026-06-30
7 Geode Capital Management, LLC Custodian 5,114,278 $1.60B 2.67% 2.27% 2026-06-30
8 Bank of America Corp Custodian 3,111,914 $978.98M 1.63% 1.38% 2026-06-30
9 Norges Bank 3,040,628 $956.55M 1.59% 1.35% 2026-06-30
10 Pentwater Capital Management LP 2,775,000 $872.99M 1.46% 1.23% 2026-06-30
11 Northern Trust Corp Custodian 2,614,406 $822.47M 1.37% 1.16% 2026-06-30
12 Morgan Stanley Custodian 2,611,985 $821.71M 1.37% 1.16% 2026-06-30
13 D. E. Shaw & Co., Inc. Custodian 2,601,202 $818.31M 1.36% 1.16% 2026-06-30
14 Dodge & Cox 2,508,128 $789.03M 1.32% 1.11% 2026-06-30
15 Dimensional Fund Advisors LP Custodian 2,259,711 $710.94M 1.19% 1.00% 2026-06-30
16 Capital World Investors 2,011,919 $632.93M 1.06% 0.89% 2026-06-30
17 T. Rowe Price Associates, Inc. 1,925,031 $605.60M 1.01% 0.86% 2026-06-30
18 Goldman Sachs Group Inc Custodian 1,888,947 $594.24M 0.99% 0.84% 2026-06-30
19 HBK INVESTMENTS L P 1,750,000 $550.53M 0.92% 0.78% 2026-06-30
20 Arrowstreet Capital, Limited Partnership 1,732,049 $544.89M 0.91% 0.77% 2026-06-30
21 LONDON CO OF VIRGINIA 1,652,991 $520.02M 0.87% 0.73% 2026-06-30
22 Legal & General Group Plc Custodian 1,599,203 $503.09M 0.84% 0.71% 2026-06-30
23 Citadel Advisors LLC Custodian 1,585,467 $498.77M 0.83% 0.70% 2026-06-30
24 Amundi Custodian 1,540,605 $484.66M 0.81% 0.68% 2026-06-30
25 American Century Companies, Inc. 1,526,249 $480.14M 0.80% 0.68% 2026-06-30
25 filers$155.43M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $61.41M 39.51% 2026-06-30
2 Citadel Advisors LLC Custodian $20.01M 12.87% 2026-06-30
3 UBS Group AG Custodian $13.34M 8.58% 2026-06-30
4 ExodusPoint Capital Management, LP $13.31M 8.56% 2026-06-30
5 GROUP ONE TRADING LLC Custodian $10.70M 6.88% 2026-06-30
6 Wolverine Trading, LLC Custodian $7.28M 4.68% 2025-09-30
7 Allianz Asset Management GmbH $6.13M 3.95% 2026-06-30
8 Cubist Systematic Strategies, LLC $3.18M 2.05% 2025-09-30
9 DAVENPORT & Co LLC $3.12M 2.01% 2026-09-30
10 ZEGA Investments, LLC $2.80M 1.80% 2026-06-30
11 NOMURA HOLDINGS INC $2.36M 1.52% 2026-06-30
12 Citigroup Inc. Custodian $1.57M 1.01% 2026-06-30
13 Delta Accumulation, LLC $1.57M 1.01% 2026-06-30
14 Verition Fund Management LLC $1.45M 0.93% 2026-06-30
15 Walleye Trading LLC $1.23M 0.79% 2026-06-30
16 Jane Street Group, LLC Custodian $943.77K 0.61% 2026-06-30
17 READYSTATE ASSET MANAGEMENT LP $817.93K 0.53% 2026-06-30
18 HSBC Holdings plc Custodian $694.23K 0.45% 2026-06-30
19 CAPSTONE INVESTMENT ADVISORS, LLC $692.10K 0.45% 2026-06-30
20 DV Trading LLC $660.64K 0.42% 2026-06-30
21 IMC-Chicago, LLC Custodian $629.18K 0.40% 2026-06-30
22 Simplex Trading, LLC Custodian $597.72K 0.38% 2026-06-30
23 Bank of Montreal Custodian $534.80K 0.34% 2026-06-30
24 Squarepoint Ops LLC $283.13K 0.18% 2026-06-30
25 Point72 (DIFC) Ltd $120.16K 0.08% 2025-09-30
26 filers$184.27M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $47.97M 26.03% 2026-06-30
2 UBS Group AG Custodian $32.87M 17.84% 2026-06-30
3 Pentwater Capital Management LP $32.50M 17.64% 2026-06-30
4 GROUP ONE TRADING LLC Custodian $17.21M 9.34% 2026-06-30
5 Wolverine Trading, LLC Custodian $10.88M 5.90% 2025-09-30
6 Allianz Asset Management GmbH $9.75M 5.29% 2026-06-30
7 HSBC Holdings plc Custodian $9.12M 4.95% 2026-06-30
8 Balyasny Asset Management L.P. $4.56M 2.48% 2026-06-30
9 Citadel Advisors LLC Custodian $4.09M 2.22% 2026-06-30
10 NOMURA HOLDINGS INC $2.36M 1.28% 2026-06-30
11 CAPSTONE INVESTMENT ADVISORS, LLC $1.82M 0.99% 2026-06-30
12 Citigroup Inc. Custodian $1.57M 0.85% 2026-06-30
13 Delta Accumulation, LLC $1.57M 0.85% 2026-06-30
14 IMC-Chicago, LLC Custodian $1.42M 0.77% 2026-06-30
15 Jane Street Group, LLC Custodian $1.35M 0.73% 2026-06-30
16 Cubist Systematic Strategies, LLC $991.35K 0.54% 2025-09-30
17 READYSTATE ASSET MANAGEMENT LP $817.93K 0.44% 2026-06-30
18 Verition Fund Management LLC $817.93K 0.44% 2026-06-30
19 JPMorgan Chase & Co Custodian $664.97K 0.36% 2026-06-30
20 Bank of Montreal Custodian $534.80K 0.29% 2026-06-30
21 Walleye Trading LLC $534.80K 0.29% 2026-06-30
22 Greenland Capital Management LP $314.59K 0.17% 2026-06-30
23 Point72 (DIFC) Ltd $210.29K 0.11% 2025-09-30
24 Wells Fargo & Company Custodian $157.29K 0.09% 2026-06-30
25 Simplex Trading, LLC Custodian $157.29K 0.09% 2026-06-30

NSC Insider Trading (Form 4)

Latest: 2026-10-09
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-09 John C Huffard Jr Director Will (W) +333 — EDGAR
2026-10-02 John C Huffard Jr Director Grant (A) +171 RSU — EDGAR
2026-10-02 Richard H Anderson Director Grant (A) +177 RSU — EDGAR
2026-09-15 Mark R George President & CEO Mixed +1,618 $323.30 -$334.6K EDGAR
2026-08-24 William Clyburn Jr. Director Grant (A) +7 RSU — EDGAR
2026-08-24 Christopher T Jones Director Grant (A) +20 RSU — EDGAR
2026-08-24 Gilbert H Lamphere Director Grant (A) +2 RSU — EDGAR
2026-08-24 Sameh Fahmy Director Grant (A) +7 RSU — EDGAR
2026-08-24 Marcela E Donadio Director Grant (A) +33 RSU — EDGAR
2026-08-24 Francesca A. DeBiase Director Grant (A) +8 RSU — EDGAR
2026-08-24 Lori Ryerkerk Director Grant (A) +2 RSU — EDGAR
2026-08-24 Mary Kathryn Heitkamp Director Grant (A) +7 RSU — EDGAR
2026-08-24 Phillip S Davidson Director Grant (A) +9 RSU — EDGAR
2026-08-24 Richard H Anderson Director Grant (A) +16 RSU — EDGAR
2026-08-24 John C Huffard Jr Director Grant (A) +32 RSU — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NSC Insider Holdings

15 insiders · @ $328.09
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Claude Mongeau Director 34,350 $11.27M $1.91M 33 2025-05-22
2 Mark R George President & CEO 23,818 $7.81M $50.0K 20 2026-09-15
3 John F Orr EVP & Chief Operating Officer 14,610 $4.79M $0 5 2026-04-28
4 Sameh Fahmy Director 12,000 $3.94M $1.94M 19 2026-08-24
5 Richard H Anderson Director 7,000 $2.30M $1.81M 25 2026-10-02
6 Claiborne L Moore Vice President & Controller 5,316 $1.74M $0 11 2026-02-03
7 Jason Andrew Zampi EVP & CFO 4,397 $1.44M -$363.9K 14 2026-02-03
8 Gilbert H Lamphere Director 3,647 $1.20M $307.2K 8 2026-08-24
9 Claude E Elkins EVP & Chief Commercial Officer 3,325 $1.09M -$1.90M 13 2026-02-03
10 Anil Bhatt EVP & CIDO 2,214 $726.4K -$253.4K 5 2026-02-03
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

NSC Board & Officers

As of SEC filings through Oct 9, 2026

Directors 12

Officers 6

Changes in the last 10 years (60)
Jun 1, 2026Brian Barr became Chief Operating Officer
Jan 28, 2026Claude E Elkins listed as EVP & Chief Commercial Officer (previously EVP & Chief Marketing Officer) in SEC filings
Jun 2, 2025The company announced the departure of Claude Mongeau from the board in an SEC filing
Feb 3, 2025Lori Ryerkerk first on file as a director
Jan 30, 2025Jason Andrew Zampi listed as EVP & CFO (previously EVP, CFO & Treasurer) in SEC filings
Dec 12, 2024Mark R George listed as President & CEO (previously EVP and CFO) in SEC filings
Oct 4, 2024Jason Andrew Zampi listed as EVP, CFO & Treasurer (previously Vice President and Controller) in SEC filings
Oct 1, 2024Alan H. Shaw reported in an SEC filing no longer being a director
Oct 1, 2024Alan H. Shaw reported in an SEC filing no longer being President & CEO
Sep 17, 2024Mark R George first listed as a director in an SEC filing
Sep 11, 2024The company announced the departure of Nabanita C Nag as EVP Corporate Affairs & CLO in an SEC filing
Aug 19, 2024Anil Bhatt became EVP & Cido
May 15, 2024William Clyburn Jr. became a director
May 15, 2024Sameh Fahmy became a director
May 15, 2024Richard H Anderson became a director
May 15, 2024Mary Kathryn Heitkamp became a director
May 15, 2024Gilbert H Lamphere became a director
Mar 20, 2024John F Orr became EVP & Chief Operating Officer
Mar 18, 2024The company announced the departure of Paul B Duncan as EVP & Chief Operating Officer in an SEC filing
Jan 30, 2024Nabanita C Nag listed as EVP Corporate Affairs & CLO (previously EVP & Chief Legal Officer) in SEC filings
Not reported recently (21)
  • John F Orr · Last reported as EVP & Chief Operating Officer in an SEC filing dated Apr 28, 2026
  • Thomas Colm Kelleher · Last reported as a director in an SEC filing dated Feb 24, 2025
  • John R Thompson · Last reported as a director in an SEC filing dated May 9, 2024
  • Amy E Miles · Last reported as a director in an SEC filing dated May 9, 2024
  • Jennifer F. Scanlon · Last reported as a director in an SEC filing dated May 9, 2024
  • Steven F Leer · Last reported as a director in an SEC filing dated Feb 22, 2024
  • Michael D Lockhart · Last reported as a director in an SEC filing dated Feb 22, 2024
  • Thomas D Bell Jr · Last reported as a director in an SEC filing dated Feb 22, 2024
  • Mitchell E Daniels · Last reported as a director in an SEC filing dated Feb 22, 2024
  • Lorri J Kleine · Last reported as SVP & Chief Legal Officer in an SEC filing dated Feb 3, 2022
  • Vanessa Allen Sutherland · Last reported as EVP & Chief Legal Officer in an SEC filing dated Feb 2, 2021
  • Michael Joseph Wheeler · Last reported as EVP & Chief Operating Officer in an SEC filing dated Aug 13, 2020
  • Daniel A Carp · Last reported as a director in an SEC filing dated Mar 12, 2020
  • John Meade Scheib · Last reported as EVP and Chief Strategy Officer in an SEC filing dated Feb 3, 2020
  • Martin H. Nesbitt · Last reported as a director in an SEC filing dated Mar 13, 2019
  • Wesley G Bush · Last reported as a director in an SEC filing dated Feb 15, 2019
  • Thomas E Hurlbut · Last reported as Vice President and Controller in an SEC filing dated May 11, 2018
  • Erskine B Bowles · Last reported as a director in an SEC filing dated Apr 2, 2018
  • William Andrew Galanko · Last reported as Exec. VP - Law and Admin. in an SEC filing dated Jan 29, 2018
  • Marta R Stewart · Last reported as EVP-Finance and CFO in an SEC filing dated May 31, 2017
  • Robert A Bradway · Last reported as a director in an SEC filing dated Mar 14, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

NSC Proposed Insider Sales (Form 144)

Latest: 2025-11-19
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2025-11-19 Anil Bhatt Officer 900 $253.4K 2025-11-19 Merrill Lynch — EDGAR
2024-09-13 Shaw Alan H. Former Officer 51,325 $13.14M 2024-09-13 Merrill Lynch — EDGAR
2024-07-29 Nag Nabanita C Officer 355 $88.5K 2024-07-29 Merrill Lynch — EDGAR
2024-06-20 Steven F. Leer Director 24,000 $5.30M 2024-06-20 Goldman Sachs & Co. LLC — EDGAR
2024-06-20 JENNIFER SCANLON 144 Filer only 5,055 $1.13M 2024-06-20 Morgan Stanley Smith Barney LLC … — EDGAR
2024-06-18 LEER STEVEN F Director 6,500 $1.44M 2024-06-25 Merrill Lynch — EDGAR
2024-05-29 Amy E Miles Chair of the Board through 5/15/2024 16,974 $3.74M 2024-05-29 UBS Financial Services Inc — EDGAR
2024-05-20 BELL THOMAS D JR Former Director 2,920 $674.8K 2024-05-20 Merrill Lynch — EDGAR
2024-05-10 Elkins Claude E Officer 3,077 $700.5K 2024-05-10 Harvest Wealth — EDGAR
2024-04-30 Adams Ann A Officer 4,487 $1.08M 2024-04-26 Merrill Lynch, Pierce, Fenner & … — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-06-01
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Accession Link
2026-06-01 0001193125-26-250020 EDGAR
2026-05-08 0001193125-26-214920 EDGAR
2026-04-24 0001193125-26-175084 EDGAR
2026-04-02 0001193125-26-140350 EDGAR
2026-01-29 0001193125-26-028244 EDGAR
2025-12-19 0001193125-25-327039 EDGAR
2025-11-17 0001193125-25-283950 EDGAR
2025-11-06 0001193125-25-270037 EDGAR
2025-10-23 0001193125-25-248775 EDGAR
2025-09-29 0001193125-25-223388 EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
2026-02-09 0001628280-26-006268 EDGAR
2025-02-10 0000702165-25-000008 EDGAR
2024-02-05 0000702165-24-000005 EDGAR
2023-02-03 0000702165-23-000010 EDGAR
2022-02-04 0000702165-22-000007 EDGAR
2021-02-04 0000702165-21-000006 EDGAR
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-04-24 0001628280-26-027051 EDGAR
2025-10-23 0001628280-25-046128 EDGAR
2025-07-29 0000702165-25-000028 EDGAR
2025-04-23 0000702165-25-000013 EDGAR
2024-10-22 0000702165-24-000035 EDGAR
2024-07-26 0000702165-24-000028 EDGAR
2024-04-24 0000702165-24-000009 EDGAR
2023-10-25 0000702165-23-000037 EDGAR
2023-07-27 0000702165-23-000032 EDGAR
2023-04-26 0000702165-23-000017 EDGAR
ETF Holders
261 ETFs hold NSC
25 shown · $10.26B total exposure · 0.15% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.09% $2.2B — 2026-09-30
2 VOO Vanguard S&P 500 ETF Vanguard 0.11% $1.8B — 2026-09-30
3 IVV iShares Core S&P 500 ETF iShares (BlackRock) 0.11% $972.1M $890.4B 2026-10-20
4 SPY State Street® SPDR® S&P 500® ETF Trust SPDR (State Street) 0.11% $900.2M $818.4B 2026-10-20
5 VO Vanguard Morningstar Mid-Cap ETF Vanguard 0.34% $743.1M — 2026-09-30
6 VTV Vanguard Morningstar Value ETF Vanguard 0.26% $661.2M — 2026-09-30
7 PAVE Global X U.S. Infrastructure Development ETF Global X 3.07% $420.5M — 2026-10-21
8 XLI State Street® Industrial Select Sector SPDR® ETF SPDR (State Street) 1.38% $417.5M $30.3B 2026-10-20
9 VYM Vanguard High Dividend Yield ETF Vanguard 0.30% $282.7M — 2026-09-30
10 VOE Vanguard Morningstar Mid-Cap Value ETF Vanguard 0.59% $216.7M — 2026-09-30
11 SPYM State Street® SPDR® Portfolio S&P 500® ETF SPDR (State Street) 0.11% $201.7M $183.5B 2026-10-20
12 RSP Invesco S&P 500 Equal Weight ETF Invesco 0.20% $197.7M — 2026-10-20
13 IWD iShares Russell 1000 Value ETF iShares (BlackRock) 0.19% $163.7M $84.5B 2026-10-20
14 IVE iShares S&P 500 Value ETF iShares (BlackRock) 0.24% $121.5M $50.4B 2026-10-20
15 IFRA iShares U.S. Infrastructure ETF iShares (BlackRock) 2.93% $116.6M $4.0B 2026-10-20
16 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.12% $103.6M — 2026-10-20
17 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.10% $95.4M $97.4B 2026-10-20
18 SPYV State Street® SPDR® Portfolio S&P 500® Value ETF SPDR (State Street) 0.24% $92.7M $38.3B 2026-10-20
19 VIS Vanguard Industrials ETF Vanguard 1.04% $89.3M — 2026-09-30
20 IYT iShares U.S. Transportation ETF iShares (BlackRock) 4.63% $88.3M $1.9B 2026-10-20
21 VV Vanguard Morningstar Large-Cap ETF Vanguard 0.11% $81.8M — 2026-09-30
22 SCHX Schwab U.S. Large-Cap ETF Nport 0.10% $72.8M — 2026-05-31
23 SPLV Invesco S&P 500 Low Volatility ETF Invesco 0.97% $70.7M — 2026-10-20
24 IUSV iShares Core S&P U.S. Value ETF iShares (BlackRock) 0.23% $64.6M $28.3B 2026-10-20
25 DFLV Dimensional US Large Cap Value ETF Dimensional 0.81% $61.4M $7.6B 2026-10-20
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
27.99
TTM Diluted EPS
$11.72
TTM Revenue
$12.54B
TTM Net Income
$2.63B
TTM Op. Cash Flow
$3.73B
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$3.46B$734.00M$3.26$1.05B
Q1 '262026-03-31$3.00B$546.00M$2.43$344.00M
Q4 '252025-12-31$2.97B$643.00M$2.87$1.06B
Q3 '252025-09-30$3.10B$711.00M$3.16$1.27B
Q2 '252025-06-30$3.11B$768.00M$3.41$1.08B
Q1 '252025-03-31$2.99B$749.00M$3.31$950.00M
Q4 '242024-12-31$3.02B$732.00M$3.23$951.00M
Q3 '242024-09-30$3.05B$1.10B$4.85$1.23B
Q2 '242024-06-30$3.04B$737.00M$3.25$1.04B
Q1 '242024-03-31$3.00B$52.00M$0.23$839.00M
Q4 '232023-12-31$3.07B$524.00M$2.32$673.00M
Q3 '232023-09-30$2.97B$478.00M$2.10$660.00M
Q2 2026 • period ending 2026-06-30 • filed 2026-07-23
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
27.99
P/B
4.54
P/S
5.89
EV/EBITDA
15.77
EV/Sales
7.07
ROE
16.2%
ROA
5.8%
Div Yield
1.66%
FCF Yield
5.06%
Debt/Equity
0.98
Current Ratio
—
Market Cap
$73.82B
as of 2026-10-21
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
7.15M
SI % of Float
3.19%
Days to Cover
7.63
Short Vol Ratio
57.0%
Free Float
224.41M
Float %
99.9%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-07