FIP vs NSC
Ftai Infrastructure Inc. and Norfolk Southern Corp., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | FIP | NSC |
|---|---|---|
| Revenue | $502.5M | $12.2B |
| Net income | $-152.1M | $2.9B |
| Gross margin | · | · |
| Net margin | −30.3% | 23.6% |
| Return on equity | · | 19.2% |
| Diluted EPS | −$2.26 | $12.75 |
| Dividend / share | · | $5.40 |
| Payout ratio | · | 42.3% |
| Free cash flow | $-398.5M | $2.2B |
| Equity | $21.3M | $15.5B |
| Net debt / equity | 174.30× | 1.00× |
| Current ratio | 1.18× | 0.85× |
| Revenue CAGR 5y | 48.9% | 4.5% |
| Profit CAGR 5y | · | 7.4% |
NSC bills 24.2× the revenue of FIP, and FIP closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | FIP | NSC |
|---|---|---|
| FY2025 | $502.5M | $12.2B |
| FY2024 | $331.5M | $12.1B |
| FY2023 | $320.5M | $12.2B |
| FY2022 | $262.0M | $12.7B |
| FY2021 | $120.2M | $11.1B |
| FY2020 | $68.6M | $9.8B |
Bottom line
| Fiscal year | FIP | NSC |
|---|---|---|
| FY2025 | $-152.1M | $2.9B |
| FY2024 | $-266.1M | $2.6B |
| FY2023 | $-159.8M | $1.8B |
| FY2022 | $-187.5M | $3.3B |
| FY2021 | $-106.3M | $3.0B |
| FY2020 | $-71.7M | $2.0B |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$11,677,480,000 | NSC |
| FY2024 | −$11,791,503,000 | NSC |
| FY2023 | −$11,835,528,000 | NSC |
| FY2022 | −$12,483,034,000 | NSC |
| FY2021 | −$11,021,781,000 | NSC |
| FY2020 | −$9,720,438,000 | NSC |
NSC has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −53.8 pp | NSC |
| FY2024 | −101.9 pp | NSC |
| FY2023 | −64.9 pp | NSC |
| FY2022 | −97.2 pp | NSC |
| FY2021 | −115.4 pp | NSC |
| FY2020 | −125.2 pp | NSC |
NSC has kept the higher net margin in every one of these 6 fiscal years.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FIP's net margin has been more volatile than NSC's over the 6 comparable fiscal years — 24.6 percentage points of standard deviation against 3.9.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
NSC led in net margin in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FIP's return on equity has been more volatile than NSC's over the 3 comparable fiscal years — 5.1 percentage points of standard deviation against 4.7.
3 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
NSC led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 19 comparable fiscal years — a year missing data on either side is not counted.