Norfolk Southern Corporation (NSC)

NYSE: NSC · Real-Time Price · USD

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284.47

-4.50 (-1.56%)

At close: Jan 28, 2026, 4:00 PM EST

285.38

+0.91 (0.32%)

After-hours: Jan 28, 2026, 7:24 PM EST

Norfolk Southern Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	12,230	12,123	12,156	12,745	11,142	9,789	Upgrade
Revenue Growth (YoY)	0.48%	-0.27%	-4.62%	14.39%	13.82%	-13.34%	Upgrade
Cost of Revenue	6,552	6,191	6,891	6,715	5,412	5,157	Upgrade
Gross Profit	5,678	5,932	5,265	6,030	5,730	4,632	Upgrade
Operating Expenses	1,382	1,353	1,298	1,221	1,181	1,154	Upgrade
Operating Income	4,296	4,579	3,967	4,809	4,549	3,478	Upgrade
Interest Expense	-796	-807	-722	-692	-646	-625	Upgrade
Other Non Operating Income (Expenses)	226	185	308	139	-25	23	Upgrade
EBT Excluding Unusual Items	3,726	3,957	3,553	4,256	3,878	2,876	Upgrade
Merger & Restructuring Charges	-184	-303	-117	-126	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	-346	Upgrade
Other Unusual Items	-126	-975	-1,217	-	-	-	Upgrade
Pretax Income	3,828	3,329	2,320	4,130	3,878	2,530	Upgrade
Income Tax Expense	866	707	493	860	873	517	Upgrade
Net Income	2,962	2,622	1,827	3,270	3,005	2,013	Upgrade
Preferred Dividends & Other Adjustments	3	3	3	2	2	3	Upgrade
Net Income to Common	2,959	2,619	1,824	3,268	3,003	2,010	Upgrade
Net Income Growth	22.60%	43.51%	-44.13%	8.82%	49.28%	-26.05%	Upgrade
Shares Outstanding (Basic)	226	226	227	235	247	255	Upgrade
Shares Outstanding (Diluted)	226	226	227	236	248	257	Upgrade
Shares Change (YoY)	-0.21%	-0.44%	-3.48%	-5.04%	-3.31%	-3.39%	Upgrade
EPS (Basic)	13.12	11.58	8.04	13.92	12.16	7.88	Upgrade
EPS (Diluted)	13.11	11.57	8.02	13.88	12.11	7.84	Upgrade
EPS Growth	22.97%	44.30%	-42.20%	14.56%	54.55%	-23.53%	Upgrade
Free Cash Flow	2,099	28	830	2,274	2,785	2,143	Upgrade
Free Cash Flow Per Share	9.30	0.12	3.65	9.65	11.22	8.35	Upgrade
Dividend Per Share	5.400	5.400	5.400	4.960	4.160	3.760	Upgrade
Dividend Growth	-	-	8.87%	19.23%	10.64%	4.44%	Upgrade
Gross Margin	46.43%	48.93%	43.31%	47.31%	51.43%	47.32%	Upgrade
Operating Margin	35.13%	37.77%	32.63%	37.73%	40.83%	35.53%	Upgrade
Profit Margin	24.20%	21.60%	15.00%	25.64%	26.95%	20.53%	Upgrade
Free Cash Flow Margin	17.16%	0.23%	6.83%	17.84%	25.00%	21.89%	Upgrade
EBITDA	5,678	5,932	5,265	6,030	5,730	4,632	Upgrade
EBITDA Margin	46.43%	48.93%	43.31%	47.31%	51.43%	47.32%	Upgrade
D&A For EBITDA	1,382	1,353	1,298	1,221	1,181	1,154	Upgrade
EBIT	4,296	4,579	3,967	4,809	4,549	3,478	Upgrade
EBIT Margin	35.13%	37.77%	32.63%	37.73%	40.83%	35.53%	Upgrade
Effective Tax Rate	22.62%	21.24%	21.25%	20.82%	22.51%	20.43%	Upgrade

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q