vs

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

SharkNinja, Inc. is the larger business by last-quarter revenue ($5.5B vs $3.0B, roughly 1.9× Norfolk Southern). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% vs -1.7%). Norfolk Southern produced more free cash flow last quarter ($334.0M vs $308.9M).

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.

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

NSC vs SN — Head-to-Head

Bigger by revenue
SN
SN
1.9× larger
SN
$5.5B
$3.0B
NSC
Growing faster (revenue YoY)
SN
SN
+31.6% gap
SN
30.0%
-1.7%
NSC
More free cash flow
NSC
NSC
$25.1M more FCF
NSC
$334.0M
$308.9M
SN

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
NSC
NSC
SN
SN
Revenue
$3.0B
$5.5B
Net Profit
$644.0M
Gross Margin
48.1%
Operating Margin
31.5%
11.7%
Net Margin
21.7%
Revenue YoY
-1.7%
30.0%
Net Profit YoY
-12.1%
EPS (diluted)
$2.87
$3.11

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
NSC
NSC
SN
SN
Q4 25
$3.0B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$3.0B
$5.5B
Q3 24
$3.1B
Q2 24
$3.0B
Q1 24
$3.0B
Net Profit
NSC
NSC
SN
SN
Q4 25
$644.0M
Q3 25
$711.0M
Q2 25
$768.0M
Q1 25
$750.0M
Q4 24
$733.0M
Q3 24
$1.1B
Q2 24
$737.0M
Q1 24
$53.0M
Gross Margin
NSC
NSC
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
48.1%
Q3 24
Q2 24
Q1 24
Operating Margin
NSC
NSC
SN
SN
Q4 25
31.5%
Q3 25
35.4%
Q2 25
37.8%
Q1 25
38.3%
Q4 24
37.4%
11.7%
Q3 24
52.3%
Q2 24
37.2%
Q1 24
7.1%
Net Margin
NSC
NSC
SN
SN
Q4 25
21.7%
Q3 25
22.9%
Q2 25
24.7%
Q1 25
25.1%
Q4 24
24.2%
Q3 24
36.0%
Q2 24
24.2%
Q1 24
1.8%
EPS (diluted)
NSC
NSC
SN
SN
Q4 25
$2.87
Q3 25
$3.16
Q2 25
$3.41
Q1 25
$3.31
Q4 24
$3.24
$3.11
Q3 24
$4.85
Q2 24
$3.25
Q1 24
$0.23

Balance Sheet & Financial Strength

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

Metric
NSC
NSC
SN
SN
Cash + ST InvestmentsLiquidity on hand
$1.5B
$363.7M
Total DebtLower is stronger
$16.5B
Stockholders' EquityBook value
$15.5B
$1.9B
Total Assets
$45.2B
$4.4B
Debt / EquityLower = less leverage
1.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NSC
NSC
SN
SN
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$1.0B
Q4 24
$1.6B
$363.7M
Q3 24
$975.0M
Q2 24
$659.0M
Q1 24
$652.0M
Total Debt
NSC
NSC
SN
SN
Q4 25
$16.5B
Q3 25
$16.5B
Q2 25
$16.5B
Q1 25
$16.7B
Q4 24
$16.7B
Q3 24
$16.6B
Q2 24
$16.9B
Q1 24
$17.2B
Stockholders' Equity
NSC
NSC
SN
SN
Q4 25
$15.5B
Q3 25
$15.1B
Q2 25
$14.8B
Q1 25
$14.5B
Q4 24
$14.3B
$1.9B
Q3 24
$13.8B
Q2 24
$13.0B
Q1 24
$12.5B
Total Assets
NSC
NSC
SN
SN
Q4 25
$45.2B
Q3 25
$44.6B
Q2 25
$44.2B
Q1 25
$43.8B
Q4 24
$43.7B
$4.4B
Q3 24
$43.3B
Q2 24
$42.6B
Q1 24
$42.1B
Debt / Equity
NSC
NSC
SN
SN
Q4 25
1.06×
Q3 25
1.09×
Q2 25
1.11×
Q1 25
1.15×
Q4 24
1.16×
Q3 24
1.21×
Q2 24
1.30×
Q1 24
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
NSC
NSC
SN
SN
Operating Cash FlowLast quarter
$1.1B
$446.6M
Free Cash FlowOCF − Capex
$334.0M
$308.9M
FCF MarginFCF / Revenue
11.2%
5.6%
Capex IntensityCapex / Revenue
24.5%
2.5%
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NSC
NSC
SN
SN
Q4 25
$1.1B
Q3 25
$1.3B
Q2 25
$1.1B
Q1 25
$950.0M
Q4 24
$951.0M
$446.6M
Q3 24
$1.2B
Q2 24
$1.0B
Q1 24
$839.0M
Free Cash Flow
NSC
NSC
SN
SN
Q4 25
$334.0M
Q3 25
$720.0M
Q2 25
$602.0M
Q1 25
$501.0M
Q4 24
$276.0M
$308.9M
Q3 24
$645.0M
Q2 24
$468.0M
Q1 24
$282.0M
FCF Margin
NSC
NSC
SN
SN
Q4 25
11.2%
Q3 25
23.2%
Q2 25
19.4%
Q1 25
16.7%
Q4 24
9.1%
5.6%
Q3 24
21.1%
Q2 24
15.4%
Q1 24
9.4%
Capex Intensity
NSC
NSC
SN
SN
Q4 25
24.5%
Q3 25
17.8%
Q2 25
15.3%
Q1 25
15.0%
Q4 24
22.3%
2.5%
Q3 24
19.0%
Q2 24
18.7%
Q1 24
18.5%
Cash Conversion
NSC
NSC
SN
SN
Q4 25
1.65×
Q3 25
1.79×
Q2 25
1.40×
Q1 25
1.27×
Q4 24
1.30×
Q3 24
1.12×
Q2 24
1.41×
Q1 24
15.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

SN
SN

Segment breakdown not available.

Related Comparisons