vs

Side-by-side financial comparison of COTY INC. (COTY) and Norfolk Southern (NSC). Click either name above to swap in a different company.

Norfolk Southern is the larger business by last-quarter revenue ($3.0B vs $1.7B, roughly 1.8× COTY INC.). Norfolk Southern runs the higher net margin — 21.7% vs -7.4%, a 29.0% gap on every dollar of revenue. On growth, COTY INC. posted the faster year-over-year revenue change (0.5% vs -1.7%). COTY INC. produced more free cash flow last quarter ($513.1M vs $334.0M). Over the past eight quarters, COTY INC.'s revenue compounded faster (10.1% CAGR vs -0.5%).

Coty Inc. is a multinational beauty company founded in Paris in 1904 by François Coty. Today, the company is incorporated in Delaware, United States, with its global headquarters in Amsterdam, Netherlands. With its subsidiaries, it develops, manufactures, markets, and distributes fragrances, cosmetics, skin care, nail care, and both professional and retail hair care products. Coty owns around 40 brands as of 2024.

The Norfolk Southern Railway is a Class I freight railroad operating in the Eastern United States. Headquartered in Atlanta, the company was formed in 1982 with the merger of the Norfolk and Western Railway and Southern Railway. The company operates 19,420 route miles (31,250 km) in 22 eastern states and the District of Columbia, and has rights in Canada over the Albany to Montreal route of the Canadian Pacific Kansas City.

COTY vs NSC — Head-to-Head

Bigger by revenue
NSC
NSC
1.8× larger
NSC
$3.0B
$1.7B
COTY
Growing faster (revenue YoY)
COTY
COTY
+2.2% gap
COTY
0.5%
-1.7%
NSC
Higher net margin
NSC
NSC
29.0% more per $
NSC
21.7%
-7.4%
COTY
More free cash flow
COTY
COTY
$179.1M more FCF
COTY
$513.1M
$334.0M
NSC
Faster 2-yr revenue CAGR
COTY
COTY
Annualised
COTY
10.1%
-0.5%
NSC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
COTY
COTY
NSC
NSC
Revenue
$1.7B
$3.0B
Net Profit
$-123.6M
$644.0M
Gross Margin
63.8%
Operating Margin
8.8%
31.5%
Net Margin
-7.4%
21.7%
Revenue YoY
0.5%
-1.7%
Net Profit YoY
-621.5%
-12.1%
EPS (diluted)
$-0.14
$2.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COTY
COTY
NSC
NSC
Q4 25
$1.7B
$3.0B
Q3 25
$1.6B
$3.1B
Q2 25
$1.3B
$3.1B
Q1 25
$1.3B
$3.0B
Q4 24
$1.7B
$3.0B
Q3 24
$1.7B
$3.1B
Q2 24
$1.4B
$3.0B
Q1 24
$1.4B
$3.0B
Net Profit
COTY
COTY
NSC
NSC
Q4 25
$-123.6M
$644.0M
Q3 25
$67.9M
$711.0M
Q2 25
$-68.8M
$768.0M
Q1 25
$-405.7M
$750.0M
Q4 24
$23.7M
$733.0M
Q3 24
$82.9M
$1.1B
Q2 24
$-96.9M
$737.0M
Q1 24
$3.8M
$53.0M
Gross Margin
COTY
COTY
NSC
NSC
Q4 25
63.8%
Q3 25
64.5%
Q2 25
62.3%
Q1 25
64.1%
Q4 24
66.7%
Q3 24
65.5%
Q2 24
64.2%
Q1 24
64.8%
Operating Margin
COTY
COTY
NSC
NSC
Q4 25
8.8%
31.5%
Q3 25
11.7%
35.4%
Q2 25
1.2%
37.8%
Q1 25
-21.6%
38.3%
Q4 24
16.1%
37.4%
Q3 24
14.2%
52.3%
Q2 24
2.5%
37.2%
Q1 24
5.6%
7.1%
Net Margin
COTY
COTY
NSC
NSC
Q4 25
-7.4%
21.7%
Q3 25
4.3%
22.9%
Q2 25
-5.5%
24.7%
Q1 25
-31.2%
25.1%
Q4 24
1.4%
24.2%
Q3 24
5.0%
36.0%
Q2 24
-7.1%
24.2%
Q1 24
0.3%
1.8%
EPS (diluted)
COTY
COTY
NSC
NSC
Q4 25
$-0.14
$2.87
Q3 25
$0.07
$3.16
Q2 25
$-0.08
$3.41
Q1 25
$-0.47
$3.31
Q4 24
$0.02
$3.24
Q3 24
$0.09
$4.85
Q2 24
$-0.11
$3.25
Q1 24
$0.00
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COTY
COTY
NSC
NSC
Cash + ST InvestmentsLiquidity on hand
$436.7M
$1.5B
Total DebtLower is stronger
$3.0B
$16.5B
Stockholders' EquityBook value
$3.5B
$15.5B
Total Assets
$11.1B
$45.2B
Debt / EquityLower = less leverage
0.85×
1.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COTY
COTY
NSC
NSC
Q4 25
$436.7M
$1.5B
Q3 25
$264.6M
$1.4B
Q2 25
$257.1M
$1.3B
Q1 25
$243.5M
$1.0B
Q4 24
$249.6M
$1.6B
Q3 24
$283.6M
$975.0M
Q2 24
$300.8M
$659.0M
Q1 24
$260.2M
$652.0M
Total Debt
COTY
COTY
NSC
NSC
Q4 25
$3.0B
$16.5B
Q3 25
$4.0B
$16.5B
Q2 25
$4.0B
$16.5B
Q1 25
$3.8B
$16.7B
Q4 24
$3.4B
$16.7B
Q3 24
$3.9B
$16.6B
Q2 24
$3.8B
$16.9B
Q1 24
$3.9B
$17.2B
Stockholders' Equity
COTY
COTY
NSC
NSC
Q4 25
$3.5B
$15.5B
Q3 25
$3.6B
$15.1B
Q2 25
$3.5B
$14.8B
Q1 25
$3.5B
$14.5B
Q4 24
$3.8B
$14.3B
Q3 24
$4.0B
$13.8B
Q2 24
$3.8B
$13.0B
Q1 24
$4.0B
$12.5B
Total Assets
COTY
COTY
NSC
NSC
Q4 25
$11.1B
$45.2B
Q3 25
$12.1B
$44.6B
Q2 25
$11.9B
$44.2B
Q1 25
$11.5B
$43.8B
Q4 24
$11.7B
$43.7B
Q3 24
$12.5B
$43.3B
Q2 24
$12.1B
$42.6B
Q1 24
$12.3B
$42.1B
Debt / Equity
COTY
COTY
NSC
NSC
Q4 25
0.85×
1.06×
Q3 25
1.10×
1.09×
Q2 25
1.12×
1.11×
Q1 25
1.09×
1.15×
Q4 24
0.89×
1.16×
Q3 24
0.97×
1.21×
Q2 24
1.00×
1.30×
Q1 24
0.98×
1.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COTY
COTY
NSC
NSC
Operating Cash FlowLast quarter
$559.7M
$1.1B
Free Cash FlowOCF − Capex
$513.1M
$334.0M
FCF MarginFCF / Revenue
30.6%
11.2%
Capex IntensityCapex / Revenue
2.8%
24.5%
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$390.8M
$2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COTY
COTY
NSC
NSC
Q4 25
$559.7M
$1.1B
Q3 25
$65.2M
$1.3B
Q2 25
$83.2M
$1.1B
Q1 25
$-122.5M
$950.0M
Q4 24
$464.5M
$951.0M
Q3 24
$67.4M
$1.2B
Q2 24
$176.5M
$1.0B
Q1 24
$-170.0M
$839.0M
Free Cash Flow
COTY
COTY
NSC
NSC
Q4 25
$513.1M
$334.0M
Q3 25
$11.2M
$720.0M
Q2 25
$34.9M
$602.0M
Q1 25
$-168.4M
$501.0M
Q4 24
$419.0M
$276.0M
Q3 24
$-7.9M
$645.0M
Q2 24
$116.7M
$468.0M
Q1 24
$-234.3M
$282.0M
FCF Margin
COTY
COTY
NSC
NSC
Q4 25
30.6%
11.2%
Q3 25
0.7%
23.2%
Q2 25
2.8%
19.4%
Q1 25
-13.0%
16.7%
Q4 24
25.1%
9.1%
Q3 24
-0.5%
21.1%
Q2 24
8.6%
15.4%
Q1 24
-16.9%
9.4%
Capex Intensity
COTY
COTY
NSC
NSC
Q4 25
2.8%
24.5%
Q3 25
3.4%
17.8%
Q2 25
3.9%
15.3%
Q1 25
3.5%
15.0%
Q4 24
2.7%
22.3%
Q3 24
4.5%
19.0%
Q2 24
4.4%
18.7%
Q1 24
4.6%
18.5%
Cash Conversion
COTY
COTY
NSC
NSC
Q4 25
1.65×
Q3 25
0.96×
1.79×
Q2 25
1.40×
Q1 25
1.27×
Q4 24
19.60×
1.30×
Q3 24
0.81×
1.12×
Q2 24
1.41×
Q1 24
-44.74×
15.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COTY
COTY

Prestige$1.1B68%
Consumer Beauty$545.0M32%

NSC
NSC

Railway Operating Revenues Market Group Merchandise$1.9B63%
Metals And Construction$404.0M14%
Railway Operating Revenues Market Group Coal$347.0M12%
Automotive$293.0M10%

Related Comparisons