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Industry · 10 companies

Railroads Stocks in the US

The 10 Railroads companies we score in the US are Union Pacific Corporation ($172.5B, the largest), CSX Corporation, Canadian Pacific Kansas City Limited and 7 more. 7 of the 10 companies we score beat S&P 500 on share price over recent months. Prices are as of 6 Nov 2026.

Railroads: Union Pacific Corporation owns the largest revenue base; L.B. Foster Company has the fastest current growth.

10Companies every listed company in this industry
$541.3BCombined market value all of them together
7/10Revenue growing revenue over the last 12 months up on a year earlier
7/10Beating S&P 500 share price doing better than the index (relative strength)
7 of 10 beat the S&P 500 on share price over recent months

The main question: the biggest companies are not always the ones changing the most.

Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.

Which are the biggest Railroads stocks in the US?

The largest Railroads stocks in the US by market value are Union Pacific Corporation ($172.5B), CSX Corporation ($90.5B) and Canadian Pacific Kansas City ($80.2B), at prices of 6 Nov 2026.

Share price | market value | P/E, biggest first. Prices and market values as of 6 Nov 2026; ratios as in the score list below.

Which are the Railroads stocks, ranked?

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 6 Nov 2026.

  1. 1CSX CorporationCSX · $90.5B71.8of 100favourable · strongest on relative strength versus sector and PEG
  2. 2L.B. Foster CompanyFSTR · $418M64.1of 100mixed, leaning good · strongest on ROCE improvement and relative strength versus sector
  3. 3Westinghouse Air Brake Technologies CorporationWAB · $47.6B60.3of 100mixed, leaning good · strongest on ROCE improvement and relative strength versus sector
  4. 4Union Pacific CorporationUNP · $172.5B60.2of 100mixed, leaning good · strongest on ROCE and 13-week relative-strength change
  5. 5Canadian National Railway CompanyCNI · $74.5B57.2of 100mixed, leaning good · strongest on relative strength versus sector and operating margin
  6. 6Canadian Pacific Kansas City LimitedCP · $80.2B43.8of 100mixed, leaning weak · strongest on 13-week relative-strength change and relative strength versus sector
  7. 7Norfolk Southern CorporationNSC · $71.9B43.5of 100mixed, leaning weak · strongest on 13-week relative-strength change and profitable quarters
  8. 8Trinity Industries, Inc.TRN · $2.3B43.4of 100mixed, leaning weak · strongest on profit growth and 13-week relative-strength change
  9. 9The Greenbrier Companies, Inc.GBX · $1.3B28.3of 100weak · strongest on PEG and sector-relative P/E
  10. 10FreightCar America, Inc.RAIL · $136M24.7of 100weak · strongest on sector-relative P/E

Which Railroads companies are listed in the US?

All 10 listed US Railroads companies are named here, largest first. Every figure is equal-weighted across those companies and carries its own as-of date. One large company cannot set the reading.

  1. Union Pacific Corporation$172.5B
  2. CSX Corporation$90.5B
  3. Canadian Pacific Kansas City Limited$80.2B
  4. Canadian National Railway Company$74.5B
  5. Norfolk Southern Corporation$71.9B
  6. Westinghouse Air Brake Technologies Corporation$47.6B
  7. Trinity Industries, Inc.$2.3B
  8. The Greenbrier Companies, Inc.$1.3B
  9. L.B. Foster Company$418M
  10. FreightCar America, Inc.$136M

How many Railroads companies are listed in the US?

10 Railroads companies in the Railroads industry group (every listed company) have a page on Sector Alpha, by market value as of 6 November 2026, and all 10 are listed below, largest first. The largest is Union Pacific Corporation ($172.5 billion) and the smallest with a market value is FreightCar America, Inc.

Every Railroads company with a page, largest first
CompanyMarket value
1. Union Pacific Corporation UNP$172.5 billion
2. CSX Corporation CSX$90.5 billion
3. Canadian Pacific Kansas City Limited CP$80.2 billion
4. Canadian National Railway Company CNI$74.5 billion
5. Norfolk Southern Corporation NSC$71.9 billion
6. Westinghouse Air Brake Technologies Corporation WAB$47.6 billion
7. Trinity Industries, Inc. TRN$2.3 billion
8. The Greenbrier Companies, Inc. GBX$1.3 billion
9. L.B. Foster Company FSTR$418 million
10. FreightCar America, Inc. RAIL$136 million

Download all 10 Railroads companies (CSV)

How has Railroads moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this industry is 4% behind S&P 500. Earnings across its companies grew 7% on average over the last four reported quarters, close to flat.

Turning · ahead 1w Moving with the index

1 of the 9 companies with a long enough price record ahead of S&P 500 by 5% or more over three months.

Ahead of S&P 500 on the three-month view for 1 week running; 7 of the 9 companies in the industry index above their 200-day average (2 more than four weeks earlier); 1 of those 9 ahead of S&P 500 by 5% or more over three months (no change from four weeks earlier); earnings rising at 6 of the 9 that report earnings.

Ahead of S&P 500 for 1 week after being behind, with 1 → 1 of 9 participating. Earnings confirming, 6 of 9 members have higher trailing twelve-month earnings than a year ago.

1Y

Railroads against S&P 500

Both lines start at 200 in the first week shown

  • Railroads 258
  • S&P 500 219
Railroads against S&P 500
Week endingRailroadsS&P 500
14 Nov 2025200200
21 Nov 2025199196
28 Nov 2025205203
5 Dec 2025209204
12 Dec 2025212203
19 Dec 2025211203
26 Dec 2025212205
2 Jan 2026209203
9 Jan 2026211207
16 Jan 2026214206
23 Jan 2026214205
30 Jan 2026217206
6 Feb 2026232206
13 Feb 2026242203
20 Feb 2026246205
27 Feb 2026245204
6 Mar 2026232200
13 Mar 2026223197
20 Mar 2026218193
27 Mar 2026223189
3 Apr 2026229195
10 Apr 2026237202
17 Apr 2026236211
24 Apr 2026244213
1 May 2026246215
8 May 2026256220
15 May 2026251220
22 May 2026249222
29 May 2026252225
5 Jun 2026256220
12 Jun 2026259221
19 Jun 2026255222
26 Jun 2026263217
3 Jul 2026261222
10 Jul 2026265225
17 Jul 2026273221
24 Jul 2026282220
31 Jul 2026267222
7 Aug 2026265230
14 Aug 2026264231
21 Aug 2026269228
28 Aug 2026265229
4 Sep 2026256229
11 Sep 2026253227
18 Sep 2026248227
25 Sep 2026249230
2 Oct 2026246229
9 Oct 2026241232
16 Oct 2026246227
23 Oct 2026247226
30 Oct 2026256225
6 Nov 2026258219

3Y

Railroads against S&P 500

Both lines start at 200 in the first week shown, every 2nd week shown

  • Railroads 296
  • S&P 500 326
Railroads against S&P 500
Week endingRailroadsS&P 500
17 Nov 2023200200
24 Nov 2023203202
8 Dec 2023208204
22 Dec 2023219210
5 Jan 2024217208
19 Jan 2024217214
2 Feb 2024227219
16 Feb 2024230222
1 Mar 2024233228
15 Mar 2024232226
29 Mar 2024236232
12 Apr 2024229227
26 Apr 2024230225
10 May 2024237231
24 May 2024232235
7 Jun 2024225237
21 Jun 2024226242
5 Jul 2024223246
19 Jul 2024234244
2 Aug 2024232236
16 Aug 2024231246
30 Aug 2024242250
13 Sep 2024239249
27 Sep 2024244254
11 Oct 2024246257
25 Oct 2024238257
8 Nov 2024250265
22 Nov 2024249264
6 Dec 2024245270
20 Dec 2024230262
3 Jan 2025233263
17 Jan 2025239265
31 Jan 2025246267
14 Feb 2025239271
28 Feb 2025232264
14 Mar 2025222250
28 Mar 2025217247
11 Apr 2025210237
25 Apr 2025210244
9 May 2025214250
23 May 2025225257
6 Jun 2025231266
20 Jun 2025228264
4 Jul 2025241277
18 Jul 2025232278
1 Aug 2025220276
15 Aug 2025227285
29 Aug 2025232286
12 Sep 2025229292
26 Sep 2025236294
10 Oct 2025231290
24 Oct 2025235300
7 Nov 2025231298
21 Nov 2025229292
5 Dec 2025241304
19 Dec 2025243302
2 Jan 2026241303
16 Jan 2026245307
30 Jan 2026250307
13 Feb 2026278302
27 Feb 2026282304
13 Mar 2026256294
27 Mar 2026256281
10 Apr 2026273301
24 Apr 2026281317
8 May 2026294327
22 May 2026286331
5 Jun 2026294327
19 Jun 2026293331
3 Jul 2026300330
17 Jul 2026313330
31 Jul 2026307331
14 Aug 2026303344
28 Aug 2026304341
11 Sep 2026291339
25 Sep 2026286342
9 Oct 2026277345
23 Oct 2026284337
6 Nov 2026296326

5Y

Railroads against S&P 500

Both lines start at 200 in the first week shown, every 4th week shown

  • Railroads 281
  • S&P 500 314
Railroads against S&P 500
Week endingRailroadsS&P 500
19 Nov 2021200200
10 Dec 2021201201
7 Jan 2022208199
4 Feb 2022195191
4 Mar 2022208184
1 Apr 2022209193
29 Apr 2022193176
27 May 2022185177
24 Jun 2022177166
22 Jul 2022181169
19 Aug 2022198180
16 Sep 2022177164
14 Oct 2022166153
11 Nov 2022197170
9 Dec 2022196168
6 Jan 2023195166
3 Feb 2023197176
3 Mar 2023193172
31 Mar 2023183175
28 Apr 2023181177
26 May 2023177179
23 Jun 2023187185
21 Jul 2023196193
18 Aug 2023191186
15 Sep 2023187189
13 Oct 2023178184
10 Nov 2023182188
8 Dec 2023197196
5 Jan 2024206200
2 Feb 2024215211
1 Mar 2024221219
29 Mar 2024224223
26 Apr 2024218217
24 May 2024220226
21 Jun 2024214232
19 Jul 2024222234
16 Aug 2024219236
13 Sep 2024227240
11 Oct 2024233247
8 Nov 2024237255
6 Dec 2024233259
3 Jan 2025221253
31 Jan 2025234257
28 Feb 2025220253
28 Mar 2025206237
25 Apr 2025199235
23 May 2025214247
20 Jun 2025216253
18 Jul 2025220268
15 Aug 2025215274
12 Sep 2025218280
10 Oct 2025219279
7 Nov 2025219286
5 Dec 2025228292
2 Jan 2026228291
30 Jan 2026237295
27 Feb 2026267293
27 Mar 2026243270
24 Apr 2026266305
22 May 2026271318
19 Jun 2026278319
17 Jul 2026297317
14 Aug 2026287331
11 Sep 2026276326
9 Oct 2026263332
6 Nov 2026281314

Earnings, each company rebased to 100, the sector takes the median

Latest quarter July to September 2026: 119.1, from 8 companies

Earnings, each company rebased to 100, the sector takes the median
QuarterMedian earnings index
Jan 2022100.0 (7 companies)
Apr 2022101.3 (8 companies)
Jul 2022104.7 (8 companies)
Oct 2022107.9 (8 companies)
Jan 2023106.3 (8 companies)
Apr 2023107.9 (8 companies)
Jul 2023106.6 (8 companies)
Oct 2023105.2 (8 companies)
Jan 2024104.2 (8 companies)
Apr 2024105.9 (8 companies)
Jul 2024110.7 (8 companies)
Oct 2024101.9 (8 companies)
Jan 2025105.2 (8 companies)
Apr 2025111.7 (8 companies)
Jul 2025109.8 (8 companies)
Oct 2025114.1 (8 companies)
Jan 2026114.6 (8 companies)
Apr 2026115.6 (8 companies)
Jul 2026119.1 (8 companies)

Both lines start at 200 in the same week, so the gap between them tells the story: the industry line is an equal-weighted index of 9 of its 10 companies (the 1 with too short a price record are ranked in the scorecard but cannot sit in this line). The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the industry taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Is Railroads outperforming S&P 500?

Railroads has done better than the S&P 500 by 8.7% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 3.4%. L.B. Foster Company is the strongest against the sector itself at +15.9%.

−3.4%Sector vs S&P 500 · 13 weeks
+8.7%Sector vs S&P 500 · 52 weeks
7 of 10Stocks leading S&P 500
7 of 10Stocks leading the sector

What is the bottom line on Railroads?

Railroads has done better than the S&P 500 by 8.7% over 52 weeks, but is 3.4% behind over the last 13 weeks. 7 of 10 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 7 of 10 are ahead of the industry itself.

How does each Railroads stock score?

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Growth & earnings · 35% Capital efficiency · 25% Valuation · 20% Relative strength · 20%

CSX Corporation has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 85.3% evidence confidence.

The Greenbrier Companies, Inc. scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

  1. 1CSX CorporationCSX · turning · favourable · 85% evidence71.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.6/35 · Revenue 5.8% · PAT 23.4% · OPM change 4.2 pp · 95% evidenceCapital efficiency 17.4/25 · ROCE 13.5% · OPM 39.3% · 76% evidenceValuation 13.6/20 · P/E 24.1× · PEG 0.94 · 65% evidenceRelative strength 16.2/20 · RS sector 11.7% · RS bench 9.6% · 1Y 39% · 100% evidence · 2 of 12 weeks aheadExact sum: 24.6 + 17.4 + 13.6 + 16.2 = 71.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2L.B. Foster CompanyFSTR · turning · mixed, leaning good · 75% evidence64.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.4/35 · Revenue 15.8% · PAT 100% · OPM change 0 pp · 95% evidenceCapital efficiency 10.4/25 · ROCE 12.9% · OPM 6% · 76% evidenceValuation 9.2/20 · P/E 27.5× · PEG — · 15% evidenceRelative strength 16.1/20 · RS sector 15.9% · RS bench 13.6% · 1Y 46.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 28.4 + 10.4 + 9.2 + 16.1 = 64.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Westinghouse Air Brake Technologies CorporationWAB · fading · mixed, leaning good · 85% evidence60.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.1/35 · Revenue 13.3% · PAT 16.2% · OPM change 1.7 pp · 95% evidenceCapital efficiency 13.9/25 · ROCE 12.7% · OPM 20.2% · 76% evidenceValuation 7.7/20 · P/E 35.5× · PEG 2.07 · 65% evidenceRelative strength 12.6/20 · RS sector 9.8% · RS bench 7.7% · 1Y 37.5% · 100% evidence · 5 of 12 weeks aheadExact sum: 26.1 + 13.9 + 7.7 + 12.6 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Union Pacific CorporationUNP · turning · mixed, leaning good · 85% evidence60.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.2/35 · Revenue 7.4% · PAT 8% · OPM change −0.4 pp · 95% evidenceCapital efficiency 19.2/25 · ROCE 16% · OPM 41.3% · 76% evidenceValuation 7.7/20 · P/E 21.2× · PEG 2.35 · 65% evidenceRelative strength 15.1/20 · RS sector 9.6% · RS bench 7.7% · 1Y 31.1% · 100% evidence · 3 of 12 weeks aheadExact sum: 18.2 + 19.2 + 7.7 + 15.1 = 60.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Canadian National Railway CompanyCNI · turning · mixed, leaning good · 85% evidence57.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.2/35 · Revenue 6.8% · PAT 5.1% · OPM change −0.1 pp · 95% evidenceCapital efficiency 17.0/25 · ROCE 13.1% · OPM 41.5% · 76% evidenceValuation 6.8/20 · P/E 21.2× · PEG 2.64 · 65% evidenceRelative strength 16.2/20 · RS sector 10% · RS bench 8% · 1Y 30.5% · 100% evidence · 1 of 12 weeks aheadExact sum: 17.2 + 17 + 6.8 + 16.2 = 57.2 · What this means: Relative strength against the index is 8%, and revenue and profit growth are weak.
  6. 6Canadian Pacific Kansas City LimitedCP · turning · mixed, leaning weak · 85% evidence43.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.5/35 · Revenue 6.5% · PAT −9.4% · OPM change −1.2 pp · 95% evidenceCapital efficiency 10.6/25 · ROCE 7.7% · OPM 38.6% · 76% evidenceValuation 4.2/20 · P/E 27.6× · PEG 2.83 · 65% evidenceRelative strength 14.5/20 · RS sector 9.6% · RS bench 7.6% · 1Y 30% · 100% evidence · 2 of 12 weeks aheadExact sum: 14.5 + 10.6 + 4.2 + 14.5 = 43.8 · What this means: Relative strength against the index is 7.6%, and revenue and profit growth are weak.
  7. 7Norfolk Southern CorporationNSC · turning · mixed, leaning weak · 85% evidence43.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.9/35 · Revenue 6% · PAT −9.4% · OPM change −1.2 pp · 95% evidenceCapital efficiency 12.6/25 · ROCE 10.3% · OPM 35.4% · 76% evidenceValuation 7.9/20 · P/E 25.9× · PEG 2.21 · 65% evidenceRelative strength 11.1/20 · RS sector 2.4% · RS bench 0.7% · 1Y 12.6% · 100% evidence · 2 of 12 weeks aheadExact sum: 11.9 + 12.6 + 7.9 + 11.1 = 43.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Trinity Industries, Inc.TRN · turning · mixed, leaning weak · 85% evidence43.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.6/35 · Revenue −2.4% · PAT 100% · OPM change −7.8 pp · 95% evidenceCapital efficiency 8.4/25 · ROCE 3.8% · OPM 13.4% · 76% evidenceValuation 12.2/20 · P/E 6.2× · PEG 1.65 · 65% evidenceRelative strength 8.2/20 · RS sector −4.3% · RS bench −6.4% · 1Y 14.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.6 + 8.4 + 12.2 + 8.2 = 43.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9The Greenbrier Companies, Inc.GBX · basing · weak · 85% evidence28.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 3.8/35 · Revenue −24% · PAT −61.3% · OPM change −5.6 pp · 95% evidenceCapital efficiency 5.0/25 · ROCE 2.7% · OPM 4% · 76% evidenceValuation 15.8/20 · P/E 17.7× · PEG 0.26 · 65% evidenceRelative strength 3.7/20 · RS sector −13.6% · RS bench −15.3% · 1Y −3.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 3.8 + 5 + 15.8 + 3.7 = 28.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  10. 10FreightCar America, Inc.RAIL · quiet · weak · 64% evidence24.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 7.5/35 · Revenue −0.4% · PAT — · OPM change −10.3 pp · 62% evidenceCapital efficiency 5.7/25 · ROCE 8.8% · OPM −3.8% · 76% evidenceValuation 11.5/20 · P/E 5.3× · PEG — · 15% evidenceRelative strength 0.0/20 · RS sector −52.6% · RS bench −53.6% · 1Y −51.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 7.5 + 5.7 + 11.5 + 0 = 24.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
How this score is built, and what the marks mean

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

How have Railroads share prices moved?

L.B. Foster Company has the strongest one-year price move in Railroads at +46.7%. It also leads on relative strength against the S&P 500, at +13.6%. 7 of 10 companies we track are ahead of the index on that measure. Every line covers 313 weekly closes through 6 November 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs S&P 500: How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Railroads itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

1Y

Price of the 5 strongest one-year movers, each started at 100

52 weekly closes

  • L.B. Foster Company 149
  • CSX Corporation 141
  • Westinghouse Air Brake 139
  • Union Pacific 130
  • Canadian National 129
  • S&P 500 109
Price of the 5 strongest one-year movers, each started at 100
Week endingL.B. Foster CompanyCSX CorporationWestinghouse Air BrakeUnion PacificCanadian NationalS&P 500
14 Nov 2025100100100100100100
21 Nov 202510098981019798
28 Nov 2025101101102104100102
5 Dec 2025101104105106102102
12 Dec 2025100107105108102102
19 Dec 2025106105106105102101
26 Dec 2025106105108105103103
2 Jan 2026101104106104104102
9 Jan 2026106101110102103103
16 Jan 2026108104113103104103
23 Jan 2026109105113103104103
30 Jan 2026112108113105100103
6 Feb 2026119116121113106103
13 Feb 2026118117126117112102
20 Feb 2026117121130119115103
27 Feb 2026115122129119117102
6 Mar 2026108115120114111100
13 Mar 202610211311610910999
20 Mar 202610510911610510297
27 Mar 202610411411810710694
3 Apr 202610511812511010898
10 Apr 2026112121131112115101
17 Apr 2026112124129113115106
24 Apr 2026120130131121119106
1 May 2026115129130119116107
8 May 2026158129130119116110
15 May 2026145131129121116110
22 May 2026142130126119119111
29 May 2026154130128118123113
5 Jun 2026155135128122125110
12 Jun 2026158136130122124110
19 Jun 2026161131134115118111
26 Jun 2026167137132120125109
3 Jul 2026160140129127126111
10 Jul 2026159142128129129112
17 Jul 2026157145129135134111
24 Jul 2026158153148138135110
31 Jul 2026154144143131132111
7 Aug 2026154144143131132115
14 Aug 2026145144147132132116
21 Aug 2026142148146138135114
28 Aug 2026140147143138131115
4 Sep 2026142142139130128115
11 Sep 2026141140139128127114
18 Sep 2026140135137125124113
25 Sep 2026140134141123126115
2 Oct 2026139136141125125115
9 Oct 2026131135140125123116
16 Oct 2026129140141130127114
23 Oct 2026132146134131128113
30 Oct 2026134149137136129113
6 Nov 2026149141139130129109

3Y

Price of the 5 strongest one-year movers, each started at 100

156 weekly closes, every 2nd shown

  • L.B. Foster Company 164
  • CSX Corporation 155
  • Westinghouse Air Brake 246
  • Union Pacific 132
  • Canadian National 108
  • S&P 500 163
Price of the 5 strongest one-year movers, each started at 100
Week endingL.B. Foster CompanyCSX CorporationWestinghouse Air BrakeUnion PacificCanadian NationalS&P 500
17 Nov 2023–100100100100100
24 Nov 2023–103101102100101
8 Dec 2023–104103105102102
22 Dec 2023–110110111108105
5 Jan 2024–110109109109104
19 Jan 2024–109111109109107
2 Feb 2024–116116113110110
16 Feb 2024–116116113113111
1 Mar 2024–121123115113114
15 Mar 2024–117121111112113
29 Mar 2024–117126112114116
12 Apr 2024–112127107111113
26 Apr 2024–108142111109113
10 May 2024–109146113111116
24 May 2024–107147106110117
7 Jun 2024–104141104108119
21 Jun 2024–106139103101121
5 Jul 2024–105136103102123
19 Jul 2024–110143111105122
2 Aug 2024–10813311097118
16 Aug 2024–10613811298123
30 Aug 2024–108147117102125
13 Sep 2024–106146114103125
27 Sep 2024–109158111101127
11 Oct 2024–111163111101129
25 Oct 2024–10516310596129
8 Nov 2024–11417411096133
22 Nov 2024–11317211197132
6 Dec 2024–10917810793135
20 Dec 2024–10116710388131
3 Jan 2025–10216510689131
17 Jan 2025–10417510788133
31 Jan 2025–10418011391134
14 Feb 2025–10616311488135
28 Feb 2025–10116111388132
14 Mar 2025–9515510885125
28 Mar 2025–9215710685123
11 Apr 2025–8914910087118
25 Apr 2025–881599784122
9 May 2025–911679987125
23 May 2025–9817310191129
6 Jun 2025–10217910291133
20 Jun 2025–10117310288132
4 Jul 2025–10618610892139
18 Jul 20259410918410386139
1 Aug 20259211116210081138
15 Aug 20259311516410181143
29 Aug 202510810316810284143
12 Sep 20251131031649881146
26 Sep 202511410817010781147
10 Oct 202510611216510382145
24 Oct 20251131141719983150
7 Nov 202511211217910182149
21 Nov 202511110817310381146
5 Dec 202511211518610785152
19 Dec 202511711518710785151
2 Jan 202611211518710687152
16 Jan 202612011519910587153
30 Jan 202612411919910783154
13 Feb 202613112922211993151
27 Feb 202612713522912197152
13 Mar 202611312420511191147
27 Mar 202611512620910988141
10 Apr 202612413423111496151
24 Apr 202613214423112399158
8 May 202617514223012197164
22 May 202615814422212199165
5 Jun 2026172149225124104164
19 Jun 202617814423711798166
3 Jul 2026177155227129105165
17 Jul 2026173161227138112165
31 Jul 2026170159252133110166
14 Aug 2026160159259134110172
28 Aug 2026154162253140109171
11 Sep 2026155155245130106170
25 Sep 2026155148249125105171
9 Oct 2026144150247127102173
23 Oct 2026145161236134107169
6 Nov 2026164155246132108163

5Y

Price of the 5 strongest one-year movers, each started at 100

260 weekly closes, every 4th shown

  • L.B. Foster Company 164
  • CSX Corporation 136
  • Westinghouse Air Brake 297
  • Union Pacific 120
  • Canadian National 96
  • S&P 500 157
Price of the 5 strongest one-year movers, each started at 100
Week endingL.B. Foster CompanyCSX CorporationWestinghouse Air BrakeUnion PacificCanadian NationalS&P 500
19 Nov 2021–100100100100100
10 Dec 2021–10295103100100
7 Jan 2022–1041001069599
4 Feb 2022–95921009596
4 Mar 2022–104961109892
1 Apr 2022–981001089997
29 Apr 2022–9594979188
27 May 2022–89100928889
24 Jun 2022–8289898883
22 Jul 2022–8690888984
19 Aug 2022–9498999890
16 Sep 2022–8290889082
14 Oct 2022–7688808376
11 Nov 2022–89106909485
9 Dec 2022–87105889684
6 Jan 2023–89107889583
3 Feb 2023–89111879388
3 Mar 2023–86113879286
31 Mar 2023–83106839187
28 Apr 2023–85102819289
26 May 2023–8599808890
23 Jun 2023–91107839192
21 Jul 2023–90118909296
18 Aug 2023–86117938893
15 Sep 2023–86113889095
13 Oct 2023–86108868392
10 Nov 2023–85118888694
8 Dec 2023–91124959198
5 Jan 2024–961329997100
2 Feb 2024–10114110398105
1 Mar 2024–106149105101109
29 Mar 2024–103153102102112
26 Apr 2024–9417210197108
24 May 2024–941789698113
21 Jun 2024–931699490116
19 Jul 2024–9617310093117
16 Aug 2024–9316710187118
13 Sep 2024–9317710392120
11 Oct 2024–9719710090124
8 Nov 2024–10021110086128
6 Dec 2024–962159783130
3 Jan 2025–902009679126
31 Jan 2025–9121810381128
28 Feb 2025–8919410278127
28 Mar 2025–811919675119
25 Apr 2025–771938875117
23 May 2025–852099281124
20 Jun 2025–892109279127
18 Jul 202594952229377134
15 Aug 2025931011989272137
12 Sep 2025113901988972140
10 Oct 2025106982009373139
7 Nov 2025112982169274143
5 Dec 20251121012259876146
2 Jan 20261121012279678146
30 Jan 20261241052419774148
27 Feb 202612711827711087146
27 Mar 20261151102539978135
24 Apr 202613212628011189152
22 May 202615812626911088159
19 Jun 202617812728710788159
17 Jul 2026173141275125100159
14 Aug 202616013931412298166
11 Sep 202615513629711895163
9 Oct 202614413129911591166
6 Nov 202616413629712096157

The companies with the strongest one-year price moves are drawn. The S&P 500 line is dashed.

Biggest one-year moves

  1. 1L.B. Foster CompanyFSTR · $418M+46.7%1 year
  2. 2CSX CorporationCSX · $90.5B+39.0%1 year
  3. 3Westinghouse Air Brake Technologies CorporationWAB · $47.6B+37.5%1 year
  4. 4Union Pacific CorporationUNP · $172.5B+31.1%1 year
  5. 5Canadian National Railway CompanyCNI · $74.5B+30.5%1 year

Strongest against S&P 500

  1. 1L.B. Foster CompanyFSTR · $418M+13.6%vs S&P 500
  2. 2CSX CorporationCSX · $90.5B+9.6%vs S&P 500
  3. 3Canadian National Railway CompanyCNI · $74.5B+8.0%vs S&P 500
  4. 4Westinghouse Air Brake Technologies CorporationWAB · $47.6B+7.7%vs S&P 500
  5. 5Union Pacific CorporationUNP · $172.5B+7.7%vs S&P 500

Strongest against the sector itself

  1. 1L.B. Foster CompanyFSTR · $418M+15.9%vs sector
  2. 2CSX CorporationCSX · $90.5B+11.7%vs sector
  3. 3Canadian National Railway CompanyCNI · $74.5B+10.0%vs sector
  4. 4Westinghouse Air Brake Technologies CorporationWAB · $47.6B+9.8%vs sector
  5. 5Union Pacific CorporationUNP · $172.5B+9.6%vs sector

Which Railroads companies have the most revenue, and which grow fastest?

Union Pacific Corporation has the highest Revenue among the 10 Railroads companies compared here, at $26,363 million. Canadian National Railway Company is next at $18,367 million. L.B. Foster Company has the highest Revenue growth at 15.8%, so level and change sit with different companies. 10 of 10 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Union Pacific Corporation is the largest at $26,363 million, 43.5% ahead of Canadian National Railway Company. L.B. Foster Company's growth is 15.8% from a $588 million base, with 20 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

Union Pacific Corporation · $26,363 millionLeader
43.5% versus #2 · Canadian National Railway CompanyGap
5/8 recent comparable periodsPersistence
10/10 companies · 199 observationsCoverage

What this means: Union Pacific Corporation is the size to compare against; L.B. Foster Company is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Union Pacific Corporation's growth falls below L.B. Foster Company's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue, by reported quarter

  • Union Pacific Corporation $7.2B
  • Canadian National Railway Company $4.8B
  • Canadian Pacific Kansas City $4.2B
  • CSX Corporation $4.0B
  • Norfolk Southern Corporation $3.5B
Revenue, by reported quarter
QuarterUnion Pacific CorporationCanadian National Railway CompanyCanadian Pacific Kansas CityCSX CorporationNorfolk Southern Corporation
Dec 2021$5.7B$3.8B$2.0B$3.4B$2.9B
Mar 2022$5.9B$3.7B$1.8B$3.4B$2.9B
Jun 2022$6.3B$4.3B$2.2B$3.8B$3.3B
Sep 2022$6.6B$4.5B$2.3B$3.9B$3.3B
Dec 2022$6.2B$4.5B$2.5B$3.7B$3.2B
Mar 2023$6.1B$4.3B$2.3B$3.7B$3.1B
Jun 2023$6.0B$4.1B$3.2B$3.7B$3.0B
Sep 2023$5.9B$4.0B$3.3B$3.6B$3.0B
Dec 2023$6.2B$4.5B$3.8B$3.7B$3.1B
Mar 2024$6.0B$4.2B$3.5B$3.7B$3.0B
Jun 2024$6.0B$4.3B$3.6B$3.7B$3.0B
Sep 2024$6.1B$4.1B$3.5B$3.6B$3.1B
Dec 2024$6.1B$4.4B$3.9B$3.5B$3.0B
Mar 2025$6.0B$4.4B$3.8B$3.4B$3.0B
Jun 2025$6.2B$4.3B$3.7B$3.6B$3.1B
Sep 2025$6.2B$4.2B$3.7B$3.6B$3.1B
Dec 2025$6.1B$4.5B$3.9B$3.5B$3.0B
Mar 2026$6.2B$4.4B$3.7B$3.5B$3.0B
Jun 2026$6.9B$4.8B$4.2B$3.9B$3.5B
Sep 2026$7.2B$4.8B$4.2B$4.0B$3.5B

Revenue growth, by reported quarter

  • Union Pacific Corporation 15%
  • Canadian National Railway Company 15%
  • Canadian Pacific Kansas City 15%
  • CSX Corporation 12%
  • Norfolk Southern Corporation 14%
Revenue growth, by reported quarter
QuarterUnion Pacific CorporationCanadian National Railway CompanyCanadian Pacific Kansas CityCSX CorporationNorfolk Southern Corporation
Dec 2021—————
Mar 2022—————
Jun 202214%21%7.2%28%16%
Sep 202218%26%19%18%17%
Dec 20227.8%21%21%8.8%14%
Mar 20233.3%16%23%8.6%7.4%
Jun 2023−4.9%−6.6%44%−3.0%−8.3%
Sep 2023−9.5%−12%44%−8.3%−11%
Dec 2023−0.3%−1.6%53%−1.3%−5.1%
Mar 2024−0.4%−1.5%55%−0.7%−4.1%
Jun 20240.7%6.7%14%0.1%2.2%
Sep 20242.5%3.1%6.3%1.3%2.7%
Dec 2024−0.6%−2.5%2.6%−3.8%−1.6%
Mar 2025−0.1%3.6%7.8%−7.0%−0.4%
Jun 20252.5%−1.3%2.7%−3.4%2.2%
Sep 20252.5%1.3%3.2%−0.9%1.7%
Dec 2025−0.6%2.4%1.3%−0.9%−1.7%
Mar 20263.2%−0.6%−2.5%1.7%0.2%
Jun 202612%11%13%10%11%
Sep 202615%15%15%12%14%

10 of 10 companies report revenue, 10 of 10 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented.

Revenue · largest

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue, every company
CompanyRevenueRevenue growthReported
Union Pacific Corporation UNP$7.2B15%Sep 2026
Canadian National Railway Company CNI$4.8B15%Sep 2026
Canadian Pacific Kansas City Limited CP$4.2B15%Sep 2026
CSX Corporation CSX$4.0B12%Sep 2026
Norfolk Southern Corporation NSC$3.5B14%Sep 2026
Westinghouse Air Brake Technologies Corporation WAB$3.1B8.1%Sep 2026
The Greenbrier Companies, Inc. GBX$591M−22%Sep 2026
Trinity Industries, Inc. TRN$535M18%Sep 2026
L.B. Foster Company FSTR$168M22%Sep 2026
FreightCar America, Inc. RAIL$113M−5.0%Jun 2026

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

What to watch

Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.

Which Railroads companies keep the most from each $100 of sales?

Canadian National Railway Company has the highest OPM among the 10 Railroads companies compared here, at 41.5%. Union Pacific Corporation is next at 41.3%. CSX Corporation has the highest Margin change at +4.2 percentage points, so level and change sit with different companies. 10 of 10 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Canadian National Railway Company leads opm at 41.5%; CSX Corporation leads margin change at +4.2 percentage points.

Canadian National Railway Company · 41.5%Leader
0.5% versus #2 · Union Pacific CorporationGap
4/8 recent comparable periodsPersistence
10/10 companies · 199 observationsCoverage

What this means: Canadian National Railway Company sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM, by reported quarter

  • Canadian National Railway Company 42%
  • Union Pacific Corporation 41%
  • CSX Corporation 39%
  • Canadian Pacific Kansas City 39%
  • Norfolk Southern Corporation 35%
OPM, by reported quarter
QuarterCanadian National Railway CompanyUnion Pacific CorporationCSX CorporationCanadian Pacific Kansas CityNorfolk Southern Corporation
Dec 202158%43%40%48%41%
Mar 202241%41%37%36%38%
Jun 202247%40%42%45%40%
Sep 202249%40%40%45%39%
Dec 202235%39%39%48%39%
Mar 202341%38%39%41%36%
Jun 202342%37%40%36%34%
Sep 202341%37%36%38%32%
Dec 202343%39%36%45%28%
Mar 202439%40%37%36%31%
Jun 202440%39%39%38%36%
Sep 202440%40%38%37%50%
Dec 202440%42%36%43%34%
Mar 202539%40%31%38%33%
Jun 202541%41%36%40%37%
Sep 202542%42%35%40%37%
Dec 202542%40%33%44%31%
Mar 202638%40%36%38%32%
Jun 202640%41%38%39%35%
Sep 202642%41%39%39%35%

Margin change, by reported quarter

  • Canadian National Railway Company −0.1 pp
  • Union Pacific Corporation −0.4 pp
  • CSX Corporation +4.2 pp
  • Canadian Pacific Kansas City −1.2 pp
  • Norfolk Southern Corporation −1.2 pp
Margin change, by reported quarter
QuarterCanadian National Railway CompanyUnion Pacific CorporationCSX CorporationCanadian Pacific Kansas CityNorfolk Southern Corporation
Dec 2021—————
Mar 2022—————
Jun 2022+8.7 pp−4.8 pp−14.4 pp+5.0 pp−1.6 pp
Sep 2022+5.1 pp−3.3 pp−3.3 pp−0.6 pp−0.9 pp
Dec 2022−23.1 pp−3.3 pp−1.4 pp0.0 pp−1.9 pp
Mar 2023+0.8 pp−2.8 pp+1.7 pp+5.2 pp−2.3 pp
Jun 2023−4.7 pp−2.9 pp−2.7 pp−8.9 pp−5.8 pp
Sep 2023−7.5 pp−3.6 pp−4.7 pp−7.2 pp−7.0 pp
Dec 2023+8.2 pp−0.1 pp−3.1 pp−2.5 pp−10.3 pp
Mar 2024−2.3 pp+1.5 pp−2.4 pp−5.0 pp−5.0 pp
Jun 2024−2.0 pp+2.2 pp−0.1 pp+2.4 pp+2.1 pp
Sep 2024−1.5 pp+3.1 pp+2.1 pp−0.3 pp+18.0 pp
Dec 2024−3.3 pp+2.2 pp−0.4 pp−1.9 pp+5.4 pp
Mar 2025+0.4 pp0.0 pp−6.0 pp+2.1 pp+1.8 pp
Jun 2025+0.9 pp+1.9 pp−3.3 pp+1.3 pp+0.9 pp
Sep 2025+2.0 pp+1.8 pp−2.6 pp+2.4 pp−13.3 pp
Dec 2025+2.4 pp−1.3 pp−2.8 pp+0.9 pp−2.5 pp
Mar 2026−1.0 pp+0.8 pp+5.6 pp−0.4 pp−0.5 pp
Jun 2026−1.0 pp−0.3 pp+2.3 pp−0.7 pp−2.0 pp
Sep 2026−0.1 pp−0.4 pp+4.2 pp−1.2 pp−1.2 pp

10 of 10 companies report OPM, 10 of 10 margin change.

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Operating margin, every company
CompanyOPMMargin changeReported
Canadian National Railway Company CNI42%−0.1 ppSep 2026
Union Pacific Corporation UNP41%−0.4 ppSep 2026
CSX Corporation CSX39%+4.2 ppSep 2026
Canadian Pacific Kansas City Limited CP39%−1.2 ppSep 2026
Norfolk Southern Corporation NSC35%−1.2 ppSep 2026
Westinghouse Air Brake Technologies Corporation WAB20%+1.7 ppSep 2026
Trinity Industries, Inc. TRN13%−7.8 ppSep 2026
L.B. Foster Company FSTR6.0%0.0 ppSep 2026
The Greenbrier Companies, Inc. GBX4.0%−5.6 ppSep 2026
FreightCar America, Inc. RAIL−3.8%−10.3 ppJun 2026

What to watch

Watch whether the next two comparable periods confirm the current margin change rather than reversing it.

Which Railroads companies earn the most profit?

Union Pacific Corporation has the highest Net profit among the 10 Railroads companies compared here, at $7,618 million. Canadian National Railway Company is next at $4,852 million. L.B. Foster Company has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Union Pacific Corporation earns the most, $7,618 million of profit over the last 12 months, 57% above Canadian National Railway Company. L.B. Foster Company shows at least 100% on the scoring scale (160% in full) growth from a profit base of $13 million. A fast rate from a small base matters less than a large profit that keeps coming.

Union Pacific Corporation · $7,618 millionLeader
57% versus #2 · Canadian National Railway CompanyGap
7/8 recent comparable periodsPersistence
10/10 companies · 199 observationsCoverage

What this means: Union Pacific Corporation sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit, by reported quarter

  • Union Pacific Corporation $2.1B
  • Canadian National Railway Company $1.2B
  • Canadian Pacific Kansas City $917M
  • CSX Corporation $1.1B
  • Norfolk Southern Corporation $759M
Net profit, by reported quarter
QuarterUnion Pacific CorporationCanadian National Railway CompanyCanadian Pacific Kansas CityCSX CorporationNorfolk Southern Corporation
Dec 2021$1.7B$1.2B$532M$934M$760M
Mar 2022$1.6B$918M$590M$859M$703M
Jun 2022$1.8B$1.3B$765M$1.2B$818M
Sep 2022$1.9B$1.5B$891M$1.1B$958M
Dec 2022$1.6B$1.4B$1.3B$1.0B$789M
Mar 2023$1.6B$1.2B$800M$974M$465M
Jun 2023$1.6B$1.2B$1.3B$984M$356M
Sep 2023$1.5B$1.1B$780M$828M$477M
Dec 2023$1.7B$2.1B$1.0B$882M$526M
Mar 2024$1.6B$1.1B$775M$880M$52M
Jun 2024$1.7B$1.1B$905M$963M$736M
Sep 2024$1.7B$1.1B$837M$894M$1.1B
Dec 2024$1.8B$1.1B$1.2B$733M$732M
Mar 2025$1.6B$1.2B$910M$646M$749M
Jun 2025$1.9B$1.2B$1.2B$829M$767M
Sep 2025$1.8B$1.1B$920M$694M$711M
Dec 2025$1.8B$1.2B$1.1B$720M$643M
Mar 2026$1.7B$1.1B$846M$807M$546M
Jun 2026$2.0B$1.2B$1.0B$1.0B$733M
Sep 2026$2.1B$1.2B$917M$1.1B$759M

Profit growth, by reported quarter

  • Union Pacific Corporation 16%
  • Canadian National Railway Company 6.2%
  • Canadian Pacific Kansas City −0.3%
  • CSX Corporation 52%
  • Norfolk Southern Corporation 6.8%
Profit growth, by reported quarter
QuarterUnion Pacific CorporationCanadian National Railway CompanyCanadian Pacific Kansas CityCSX CorporationNorfolk Southern Corporation
Dec 2021—————
Mar 2022—————
Jun 20222.1%28%−39%0.4%−0.1%
Sep 202213%−14%89%15%27%
Dec 2022−4.3%18%139%9.0%3.8%
Mar 20230.0%33%36%13%−34%
Jun 2023−15%−12%73%−16%−56%
Sep 2023−19%−24%−12%−25%−50%
Dec 20230.9%50%−20%−13%−33%
Mar 20240.7%−9.6%−3.1%−9.7%−89%
Jun 20246.6%−4.5%−32%−2.1%107%
Sep 20249.4%−2.1%7.3%8.0%130%
Dec 20246.7%−46%17%−17%39%
Mar 2025−0.9%5.3%17%−27%1,340%
Jun 202512%5.2%36%−14%4.2%
Sep 20257.0%5.0%9.9%−22%−35%
Dec 20254.9%8.9%−10%−1.8%−12%
Mar 20264.6%−1.3%−7.0%25%−27%
Jun 20266.2%6.6%−17%21%−4.4%
Sep 202616%6.2%−0.3%52%6.8%

10 of 10 companies report net profit, 9 of 10 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

Net profit, every company
CompanyNet profitProfit growthReported
Union Pacific Corporation UNP$2.1B16%Sep 2026
Canadian National Railway Company CNI$1.2B6.2%Sep 2026
CSX Corporation CSX$1.1B52%Sep 2026
Canadian Pacific Kansas City Limited CP$917M−0.3%Sep 2026
Norfolk Southern Corporation NSC$759M6.8%Sep 2026
Westinghouse Air Brake Technologies Corporation WAB$409M32%Sep 2026
Trinity Industries, Inc. TRN$18M−50%Sep 2026
The Greenbrier Companies, Inc. GBX$9M−76%Sep 2026
L.B. Foster Company FSTR$7M75%Sep 2026
FreightCar America, Inc. RAIL−$30M−373%Jun 2026

What to watch

Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.

Which Railroads companies earn the best return on capital?

Union Pacific Corporation has the highest ROCE among the 10 Railroads companies compared here, at 16%. CSX Corporation is next at 13.5%. L.B. Foster Company has the highest ROCE change at +5.4 percentage points, so level and change sit with different companies. 10 of 10 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Union Pacific Corporation leads ROCE at 16%, 2.5 percentage points above CSX Corporation. L.B. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

Union Pacific Corporation · 16%Leader
18.5% versus #2 · CSX CorporationGap
5/8 recent comparable periodsPersistence
10/10 companies · 199 observationsCoverage

What this means: Union Pacific Corporation sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

ROCE, by reported quarter

  • Union Pacific Corporation 16%
  • CSX Corporation 14%
  • Canadian National Railway Company 13%
  • L.B. Foster Company 13%
  • Westinghouse Air Brake Technologies Corporation 13%
ROCE, by reported quarter
QuarterUnion Pacific CorporationCSX CorporationCanadian National Railway CompanyL.B. Foster CompanyWestinghouse Air Brake Technologies Corporation
Dec 202116%14%14%1.7%6.2%
Mar 202217%14%15%1.1%6.4%
Jun 202217%15%16%0.1%6.8%
Sep 202217%15%17%−0.2%7.1%
Dec 202217%15%16%1.8%7.1%
Mar 202317%16%17%3.0%7.6%
Jun 202316%15%15%4.5%7.8%
Sep 202315%15%14%5.7%8.5%
Dec 202315%14%15%5.1%8.9%
Mar 202415%14%15%5.3%9.4%
Jun 202415%14%14%4.2%10%
Sep 202415%14%14%6.1%11%
Dec 202416%14%13%7.5%11%
Mar 202516%13%13%5.2%12%
Jun 202516%12%13%6.7%11%
Sep 202516%12%13%7.5%11%
Dec 202515%12%13%10%12%
Mar 202616%12%13%11%12%
Jun 202616%13%13%12%12%
Sep 202616%14%13%13%13%

ROCE change, by reported quarter

  • Union Pacific Corporation +0.1 pp
  • CSX Corporation +1.5 pp
  • Canadian National Railway Company +0.1 pp
  • L.B. Foster Company +5.4 pp
  • Westinghouse Air Brake Technologies Corporation +1.8 pp
ROCE change, by reported quarter
QuarterUnion Pacific CorporationCSX CorporationCanadian National Railway CompanyL.B. Foster CompanyWestinghouse Air Brake Technologies Corporation
Dec 2021—————
Mar 2022—————
Jun 2022—————
Sep 2022—————
Dec 2022+0.5 pp+1.3 pp+1.4 pp+0.1 pp+0.9 pp
Mar 2023−0.1 pp+1.3 pp+1.3 pp+1.9 pp+1.2 pp
Jun 2023−1.0 pp+0.2 pp−1.0 pp+4.4 pp+1.0 pp
Sep 2023−1.9 pp−0.2 pp−2.4 pp+5.9 pp+1.4 pp
Dec 2023−2.0 pp−0.9 pp−0.8 pp+3.3 pp+1.8 pp
Mar 2024−1.9 pp−1.9 pp−2.0 pp+2.3 pp+1.8 pp
Jun 2024−1.1 pp−1.5 pp−1.2 pp−0.3 pp+2.6 pp
Sep 2024+0.5 pp−0.9 pp−0.2 pp+0.4 pp+2.5 pp
Dec 2024+0.9 pp−0.4 pp−2.1 pp+2.4 pp+2.3 pp
Mar 2025+0.9 pp−0.7 pp−1.6 pp−0.1 pp+2.1 pp
Jun 2025+1.2 pp−1.2 pp−1.3 pp+2.5 pp+0.4 pp
Sep 2025+0.5 pp−1.6 pp−1.0 pp+1.4 pp−0.1 pp
Dec 2025−0.2 pp−2.0 pp+0.2 pp+2.8 pp+0.5 pp
Mar 2026−0.1 pp−0.8 pp0.0 pp+6.1 pp+0.3 pp
Jun 2026−0.1 pp+0.4 pp−0.2 pp+4.8 pp+1.3 pp
Sep 2026+0.1 pp+1.5 pp+0.1 pp+5.4 pp+1.8 pp

10 of 10 companies report ROCE, 10 of 10 ROCE change.

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Return on capital, every company
CompanyROCEROCE changeReported
Union Pacific Corporation UNP16%+0.1 ppSep 2026
CSX Corporation CSX14%+1.5 ppSep 2026
Canadian National Railway Company CNI13%+0.1 ppSep 2026
L.B. Foster Company FSTR13%+5.4 ppSep 2026
Westinghouse Air Brake Technologies Corporation WAB13%+1.8 ppSep 2026
Norfolk Southern Corporation NSC10%−0.2 ppSep 2026
FreightCar America, Inc. RAIL8.8%−7.1 ppJun 2026
Canadian Pacific Kansas City Limited CP7.7%+0.3 ppSep 2026
Trinity Industries, Inc. TRN3.8%−0.5 ppSep 2026
The Greenbrier Companies, Inc. GBX2.7%−6.4 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current roce change rather than reversing it.

How are Railroads stocks valued against growth and quality?

The Greenbrier Companies, Inc. has the lowest PEG among the 10 Railroads companies compared here, at 0.26×. CSX Corporation is next at 0.94×. FreightCar America, Inc. has the lowest P/E at 5.32×, so level and change sit with different companies. 8 of 10 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: The Greenbrier Companies, Inc. has the lowest comparable PEG at 0.26×, 72.3% below CSX Corporation. That would need today's multiple, the company's own history and steady growth to agree.

The Greenbrier Companies, Inc. · 0.26×Leader
72.3% versus #2 · CSX CorporationGap
0/8 recent comparable periodsPersistence
8/10 companies · 54 observationsCoverage

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG, by reported quarter

  • The Greenbrier Companies, Inc. 0.3
  • CSX Corporation 0.9
  • Trinity Industries, Inc. 1.7
  • Westinghouse Air Brake Technologies Corporation 2.1
  • Norfolk Southern Corporation 2.2
PEG, by reported quarter
QuarterThe Greenbrier Companies, Inc.CSX CorporationTrinity Industries, Inc.Westinghouse Air Brake Technologies CorporationNorfolk Southern Corporation
Dec 2021—————
Mar 2022—————
Jun 2022—————
Sep 2022—————
Dec 2022—————
Mar 2023—1.0—2.13.2
Jun 2023—1.6—3.0—
Sep 20230.6——1.5—
Dec 2023———0.9—
Mar 2024———0.7—
Jun 2024———0.5—
Sep 2024———0.71.4
Dec 2024——0.70.90.5
Mar 2025——1.71.1—
Jun 2025———1.8—
Sep 20250.3——2.01.0
Dec 2025———2.32.2
Mar 2026———3.2—
Jun 2026—4.4—3.2—
Sep 2026—0.9—2.1—

P/E, by reported quarter

  • The Greenbrier Companies, Inc. 17.7×
  • CSX Corporation 24.1×
  • Trinity Industries, Inc. 6.2×
  • Westinghouse Air Brake Technologies Corporation 35.5×
  • Norfolk Southern Corporation 25.9×
P/E, by reported quarter
QuarterThe Greenbrier Companies, Inc.CSX CorporationTrinity Industries, Inc.Westinghouse Air Brake Technologies CorporationNorfolk Southern Corporation
Dec 202124.5×22.1×16.2×30.8×24.1×
Mar 202219.3×20.7×—30.0×22.5×
Jun 202223.2×16.0×11.9×23.6×17.9×
Sep 202219.8×14.0×10.8×22.3×15.2×
Dec 2022—15.6×40.1×28.7×18.4×
Mar 202326.5×14.3×30.3×27.9×15.9×
Jun 202315.0×17.0×26.6×29.1×20.1×
Sep 202321.0×16.2×26.8×25.1×21.4×
Dec 202310.6×18.7×20.5×28.0×29.3×
Mar 202414.5×20.3×18.2×28.2×40.8×
Jun 202414.0×18.4×15.1×27.6×27.1×
Sep 20249.4×18.5×16.7×30.2×23.3×
Dec 202411.6×17.9×20.8×31.0×20.3×
Mar 20258.7×17.1×16.8×28.1×16.2×
Jun 20256.2×19.8×22.8×31.2×17.2×
Sep 20257.1×22.8×23.8×29.1×22.8×
Dec 20257.5×23.4×8.4×31.3×22.6×
Mar 202611.8×25.0×10.1×35.2×24.2×
Jun 202613.6×27.4×8.1×36.1×26.8×
Sep 202617.7×24.1×6.2×35.5×25.9×

8 of 10 companies report PEG, 10 of 10 P/E.

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Valuation, every company
CompanyPEGP/EReported
Canadian Pacific Kansas City Limited CP2.827.6×Sep 2026
Canadian National Railway Company CNI2.621.2×Sep 2026
Union Pacific Corporation UNP2.421.2×Sep 2026
Norfolk Southern Corporation NSC2.225.9×Sep 2026
Westinghouse Air Brake Technologies Corporation WAB2.135.5×Sep 2026
Trinity Industries, Inc. TRN1.76.2×Sep 2026
CSX Corporation CSX0.924.1×Sep 2026
The Greenbrier Companies, Inc. GBX0.317.7×Sep 2026
L.B. Foster Company FSTR—27.5×Sep 2026
FreightCar America, Inc. RAIL—5.3×Jun 2026

What to watch

Watch whether the next two comparable periods confirm the current p/e rather than reversing it.

What can make this comparison misleading?

This Railroads comparison names 4 specific ways its own evidence can mislead, all listed below. All 10 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still come from a very small starting figure.

Keep these limits visible

  • A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
  • The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

How was this comparison built?

This comparison is built from the reported filings of 10 Railroads companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 6 November 2026.

FundamentalsThrough Sep 2026 · up to 20 quarters per company
Market dataThrough 6 November 2026 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and old evidence lowers confidence and pulls the 0 to 100 score toward the middle.

What else do people ask about Railroads stocks?

These 22 answers restate the Railroads comparison above in question form. Every one is computed from the same 10 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 6 November 2026. Nothing here is estimated, and none of it is a recommendation.

Is the Railroads sector outperforming S&P 500?

Railroads has done better than the S&P 500 by 8.7% over 52 weeks, but is 3.4% behind over the last 13 weeks.

7 of 10 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 7 of 10 are ahead of the industry itself.

Which Railroads company is largest by revenue?

Union Pacific Corporation leads with revenue of $26,363 million, based on 10 of 10 comparable companies through Sep 2026.

Which Railroads company is growing fastest?

L.B. Foster Company has the fastest current revenue growth at 15.8%, across 10 of 10 comparable companies.

Which Railroads company has the strongest 4-Factor Sector Score?

CSX Corporation ranks first at 71.8 out of 100, with 85.3% of the evidence available. The score ranks published data; it is not a recommendation.

Which Railroads company has the lowest comparable PEG?

The Greenbrier Companies, Inc. has the lowest comparable PEG at 0.26, among 8 of 10 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Railroads comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Sep 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four parts add up directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or old evidence moves only that part toward the middle.

Which Railroads company is the biggest?

Union Pacific Corporation is the largest, with revenue of $26,363 million over the last 12 months, ahead of Canadian National Railway Company at $18,367 million. That covers 10 of 10 companies with comparable reporting through Sep 2026.

Which Railroads company has the best profit margins?

Canadian National Railway Company has the highest operating margin at 41.5%, from 10 of 10 comparable companies. CSX Corporation shows the biggest recent improvement, at +4.2 percentage points. A high margin matters most when it is steady or rising, not when it is at a peak.

Which Railroads company makes the most profit?

Union Pacific Corporation earns the most, at $7,618 million of net profit over the last 12 months, from 10 of 10 comparable companies. L.B.

Foster Company has the fastest profit growth at the 100% cap of the scoring scale, though growth off a small or recovering profit base overstates how much has actually changed.

Which Railroads company earns the highest return on capital?

Union Pacific Corporation leads on return on capital employed at 16%, across 10 of 10 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.

Which Railroads stock has the lowest PEG ratio?

On PEG (where a lower number means a lower price for what the company earns), The Greenbrier Companies, Inc. has the lowest at 0.26×.

Only 8 of 10 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a ranking of the whole industry. A low multiple is a reason to look closer at the business, not a conclusion on its own.

Is the Railroads sector beating the market?

Railroads has done better than the S&P 500 by 8.7% over the last 52 weeks, but is 3.4% behind over the last 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 7 of the 10 companies we track are beating the market on their own.

Sector strength does not transfer evenly to every stock in it.

Which Railroads stock has the strongest price momentum?

L.B. Foster Company has the strongest relative strength against the S&P 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.

Which Railroads company has the highest 4-Factor score?

CSX Corporation scores 71.8 out of 100, with 85.3% of the evidence available, from 24.6 points on growth and earnings, 17.4 on capital efficiency, 13.6 on valuation and 16.2 on relative strength. It ranks published data only; management quality, upcoming events and risks are not part of the score.

How many Railroads companies does this comparison cover, and over what period?

This comparison covers 10 listed companies over up to 20 reported quarters of fundamentals, ending Sep 2026, plus weekly price and relative-strength history. Membership is the full sector list, nothing is dropped for having thin data.

What is the total market cap of the Railroads sector?

The 10 Railroads companies on this page carry $541,312 million of combined market value. Union Pacific Corporation is the largest at $172,487 million, about 32% of the sector's total on its own. Market value moves with price, so this reading is dated 6 November 2026.

What is the Railroads sector's P/E ratio?

The median price-to-earnings ratio across the 10 Railroads companies on this page is 24.1×, measured on the 10 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past.

Figures are as of 6 November 2026.

How is the Railroads sector performing?

7 of the 10 Railroads companies we track are doing better than the S&P 500 on relative strength (how a share price has done against the index over recent months). The sector itself is 8.7% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members.

Readings are as of 6 November 2026.

How many Railroads stocks are listed in the US?

This comparison covers 10 listed Railroads companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Sep 2026. Membership is the full industry list, nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.

Is this advice?

No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.

More lists

Every Sector Alpha list, grouped

Every US industry against its index · What changed this week · Plain-text data
Sector Alpha, written by code from the published numbers · Fundamentals through Sep 2026 · Prices through 6 November 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.

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