Seasonality
NSC seasonality — Norfolk Southern
Over the last 11 years, NSC's strongest month on average has been November (+6.4%) and its weakest March (-2.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +3.21% | +2.50% | 60% | +12.2% | -8.6% | 10 |
| Feb | -0.60% | -0.35% | 50% | +8.1% | -12.4% | 10 |
| Mar | -2.54% | -3.00% | 40% | +11.2% | -19.9% | 10 |
| Apr | +2.21% | +4.46% | 60% | +17.2% | -9.6% | 10 |
| May | +1.16% | +1.57% | 60% | +10.3% | -7.1% | 10 |
| Jun | -0.13% | -1.02% | 40% | +8.9% | -5.5% | 10 |
| Jul | +5.20% | +7.62% | 70% | +16.2% | -7.5% | 10 |
| Aug | -0.00% | +1.45% | 60% | +10.6% | -12.2% | 10 |
| Sep | -1.14% | -1.15% | 50% | +9.7% | -13.8% | 10 |
| Oct | +2.55% | +0.08% | 50% | +22.5% | -7.0% | 10 |
| Nov | +6.38% | +6.32% | 89% | +14.3% | -9.5% | 9 |
| Dec | -0.52% | +0.29% | 60% | +12.2% | -14.9% | 10 |
Monthly returns heat map — NSC
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.9 | 8.1 | -8.8 | 10.1 | -3.4 | 3.2 | 6.6 | 2.2 | -9.9 | 10.9 | -6.6 | +10.8% | |
| 2025 | 8.8 | -3.7 | -3.6 | -5.4 | 10.3 | 3.6 | 8.6 | 0.7 | 7.3 | -5.7 | 3.1 | -1.1 | +23.0% |
| 2024 | -0.5 | 7.7 | 0.6 | -9.6 | -2.4 | -4.5 | 16.2 | 2.6 | -3.0 | 0.8 | 10.2 | -14.9 | -0.7% |
| 2023 | -0.2 | -8.5 | -5.7 | -4.2 | 2.5 | 8.9 | 3.0 | -12.2 | -3.9 | -3.1 | 14.3 | 8.3 | -4.1% |
| 2022 | -8.6 | -5.7 | 11.2 | -9.6 | -7.1 | -5.2 | 10.5 | -3.2 | -13.8 | 8.8 | 12.5 | -3.9 | -17.2% |
| 2021 | -0.4 | 6.5 | 6.5 | 4.0 | 0.6 | -5.5 | -2.9 | -1.7 | -5.6 | 22.5 | -9.5 | 12.2 | +25.3% |
| 2020 | 7.2 | -12.4 | -19.9 | 17.2 | 4.2 | -1.5 | 9.5 | 10.6 | 0.7 | -2.3 | 13.3 | 0.2 | +22.4% |
| 2019 | 12.2 | 6.9 | 4.2 | 9.2 | -4.3 | 2.1 | -4.1 | -8.9 | 3.2 | 1.3 | 6.3 | 0.3 | +29.8% |
| 2018 | 4.1 | -7.8 | -2.4 | 5.7 | 5.7 | -0.5 | 12.0 | 2.9 | 3.8 | -7.0 | 1.7 | -12.4 | +3.2% |
| 2017 | 8.7 | 3.0 | -7.5 | 4.9 | 5.6 | -1.9 | -7.5 | 7.0 | 9.7 | -0.6 | 5.5 | 4.5 | +34.1% |
| 2016 | 1.5 |