FFilingSight

Norfolk Southern (NSC) 10-K Red Flags

Risk signals extracted deterministically from Norfolk Southern’s SEC 10-K/10-Q XBRL filings — no LLM, every finding cites the underlying data.

Detected red flags (10)

  • Operating cash flow exceeds net income: OCF is 1.52x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
  • Endogenous analysis: 1 positive signal(s) versus 0 risk signal(s). The filing exhibits more constructive indicators than concerns, though individual risk factors should still be monitored.
  • 3 new XBRL disclosure(s) in latest filing — expanding reporting scope.
  • 20 disclosure(s) dropped from prior year — reduced reporting granularity.
  • Revenue grew **+0.5%** YoY to $12.18B.
  • 5-year revenue CAGR **+1.8%**; 10y CAGR +2.3%.
  • Market cap $76.12B at $338.91 per share.
  • Trailing P/E 26.58, P/S 6.25, P/B 4.68.
  • Composite risk: Elevated.
  • Leverage debt/equity 0.63 (moderate).

Filings & ownership

  • Latest annual report (10-K) filed Feb 9, 2026.
  • Latest quarterly report (10-Q) filed Jul 23, 2026.
  • 10 recent 8-K material-event filings in the index.
  • Recent insider Form 4s: 0 buy vs 0 sell transactions.
  • ~10,000+ recent 13F-HR filings reference Norfolk Southern; broad institutional reporting.
  • Recent filers include MASTERS CAPITAL MANAGEMENT LLC, Allen Investment Management LLC, SILVER CAPITAL MANAGEMENT LLC.
  • 2 recent 13D activist/beneficial-ownership filings — potential catalyst.
  • 18 recent 13G passive institutional ownership notices.

Full NSC analyst report

Valuation (DCF & Graham), technicals, macro exposure, risk scorecard and 13F/13D ownership.

View full report →

Not investment advice. FilingSight is an automated analytical research tool, not a registered investment advisor. Ratings and scores are quantitative analytical classifications, not buy or sell recommendations. Nothing here is personalized to your circumstances. Investing involves risk of loss — consult a licensed professional. See full disclosures.