Norfolk Southern Corporation (NSC)
NYSE: NSC · Real-Time Price · USD
326.92
+2.09 (0.64%)
Oct 16, 2026, 4:00 PM EDT - Market closed
Norfolk Southern Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Revenue Revenue Growth | 3,465 | 2,998 | 2,974 | 3,103 | 3,110 | 2,993 | 3,024 | 3,051 | 3,044 | 3,004 | 3,073 | 2,971 | 2,980 | 3,132 | 3,237 | 3,343 | 3,250 | 2,915 | 2,852 | 2,852 |
Revenue Growth | 11.42% | 0.17% | -1.65% | 1.70% | 2.17% | -0.37% | -1.59% | 2.69% | 2.15% | -4.09% | -5.07% | -11.13% | -8.31% | 7.44% | 13.50% | 17.22% | 16.11% | 10.46% | 10.84% | 13.81% |
Gross Profit Gross Profit Growth | 1,581 | 1,319 | 1,280 | 1,483 | 1,505 | 1,329 | 1,361 | 1,861 | 1,443 | 1,267 | 1,200 | 1,275 | 1,342 | 1,448 | 1,558 | 1,608 | 1,608 | 1,418 | 1,453 | 1,459 |
Operating Income Operating Income Growth | 1,223 | 967 | 927 | 1,135 | 1,159 | 983 | 1,019 | 1,522 | 1,108 | 930 | 870 | 949 | 1,021 | 1,127 | 1,249 | 1,302 | 1,304 | 1,116 | 1,155 | 1,162 |
Net Income Net Income Growth | 733 | 546 | 643 | 711 | 767 | 749 | 732 | 1,099 | 736 | 52 | 526 | 477 | 356 | 465 | 789 | 958 | 818 | 703 | 760 | 752 |
Earnings Per Share EPS Growth | 3.26 | 2.43 | 2.86 | 3.16 | 3.41 | 3.31 | 3.23 | 4.85 | 3.25 | 0.23 | 2.32 | 2.10 | 1.56 | 2.04 | 3.42 | 4.10 | 3.45 | 2.93 | 3.12 | 3.06 |
EPS Growth | -4.37% | -26.55% | -11.42% | -34.85% | 4.89% | 1339.85% | 39.11% | 130.95% | 108.33% | -88.74% | -32.13% | -48.78% | -54.78% | -30.34% | 9.58% | 34.16% | 5.18% | 9.97% | 18.47% | 37.79% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Agriculture, Forest and Consumer Product Agriculture, Forest and Consumer Product Growth | 673 | 625 | 627 | 630 | 645 | 636 | 646 | 624 | 622 | 629 | 639 | 611 | 627 | 653 | 654 | 642 | 624 | 573 | 570 | 564 |
Chemical Chemical Growth | 646 | 567 | 556 | 569 | 546 | 535 | 521 | 543 | 532 | 527 | 512 | 498 | 503 | 541 | 528 | 570 | 552 | 498 | 494 | 504 |
Metals and Construction Metals and Construction Growth | 480 | 413 | 404 | 448 | 458 | 414 | 392 | 420 | 440 | 430 | 402 | 417 | 415 | 400 | 415 | 442 | 420 | 375 | 366 | 424 |
Automotive Automotive Growth | 334 | 280 | 293 | 322 | 323 | 278 | 283 | 274 | 310 | 277 | 296 | 274 | 281 | 284 | 279 | 276 | 257 | 226 | 241 | 218 |
Intermodal Intermodal Growth | 908 | 749 | 747 | 759 | 743 | 760 | 792 | 763 | 742 | 745 | 794 | 737 | 745 | 814 | 913 | 942 | 972 | 854 | 831 | 812 |
Coal Coal Growth | 424 | 364 | 347 | 375 | 395 | 370 | 390 | 427 | 398 | 396 | 430 | 434 | 409 | 440 | 448 | 471 | 425 | 389 | 350 | 330 |
Revenue (Total) Revenue (Total) Growth | 3,465 | 2,998 | 2,974 | 3,103 | 3,110 | 2,993 | 3,024 | 3,051 | 3,044 | 3,004 | 3,073 | 2,971 | 2,980 | 3,132 | 3,237 | 3,343 | 3,250 | 2,915 | 2,852 | 2,852 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Investments Cash & Investments Growth | 1,069 | 1,341 | 1,530 | 1,418 | 1,303 | 1,006 | 1,641 | 975 | 659 | 652 | 1,568 | 1,506 | 556 | 552 | 456 | 1,214 | 1,259 | 1,571 | 839 | 1,465 |
Total Debt Total Debt Growth | 17,150 | 17,635 | 17,839 | 17,617 | 17,901 | 17,749 | 18,012 | 17,733 | 18,126 | 18,117 | 18,105 | 17,118 | 15,663 | 15,522 | 16,126 | 15,602 | 15,588 | 15,378 | 14,787 | 14,366 |
Net Cash (Debt) Net Cash Growth | -16,081 | -16,294 | -16,309 | -16,199 | -16,598 | -16,743 | -16,371 | -16,758 | -17,467 | -17,465 | -16,537 | -15,612 | -15,107 | -14,970 | -15,670 | -14,388 | -14,329 | -13,807 | -13,948 | -12,901 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -71.47 | -72.42 | -72.55 | -72.09 | -73.70 | -73.92 | -72.21 | -73.99 | -77.15 | -77.21 | -73.08 | -68.78 | -66.26 | -65.57 | -67.92 | -61.49 | -60.33 | -57.48 | -57.28 | -52.36 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 1,054 | 344 | 1,063 | 1,271 | 1,077 | 950 | 951 | 1,226 | 1,036 | 839 | 673 | 660 | 673 | 1,173 | 798 | 1,413 | 1,017 | 994 | 942 | 1,216 |
Capital Expenditures CapEx Growth | -439 | -382 | -729 | -551 | -475 | -449 | -675 | -581 | -569 | -2,199 | -853 | -548 | -520 | -428 | -666 | -445 | -448 | -389 | -445 | -398 |
Free Cash Flow Free Cash Flow Growth | 615 | -38 | 334 | 720 | 602 | 501 | 276 | 645 | 467 | -1,360 | -180 | 112 | 153 | 745 | 132 | 968 | 569 | 605 | 497 | 818 |
Free Cash Flow Growth | 2.16% | - | 21.01% | 11.63% | 28.91% | - | - | 475.89% | 205.23% | - | - | -88.43% | -73.11% | 23.14% | -73.44% | 18.34% | -20.97% | -19.33% | 15.85% | 18.38% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Gross Margin | 45.63% | 44.00% | 43.04% | 47.79% | 48.39% | 44.40% | 45.01% | 61.00% | 47.41% | 42.18% | 39.05% | 42.91% | 45.03% | 46.23% | 48.13% | 48.10% | 49.48% | 48.64% | 50.95% | 51.16% |
Operating Margin | 35.30% | 32.26% | 31.17% | 36.58% | 37.27% | 32.84% | 33.70% | 49.89% | 36.40% | 30.96% | 28.31% | 31.94% | 34.26% | 35.98% | 38.59% | 38.95% | 40.12% | 38.29% | 40.50% | 40.74% |
Pretax Margin | 27.68% | 23.85% | 25.72% | 29.78% | 32.09% | 32.68% | 30.69% | 46.77% | 31.01% | 1.00% | 21.18% | 20.67% | 15.54% | 18.90% | 32.07% | 32.70% | 33.45% | 31.29% | 34.54% | 34.57% |
Profit Margin | 21.15% | 18.21% | 21.62% | 22.91% | 24.66% | 25.02% | 24.21% | 36.02% | 24.18% | 1.73% | 17.12% | 16.05% | 11.95% | 14.85% | 24.37% | 28.66% | 25.17% | 24.12% | 26.65% | 26.37% |
FCF Margin | 17.75% | -1.27% | 11.23% | 23.20% | 19.36% | 16.74% | 9.13% | 21.14% | 15.34% | -45.27% | -5.86% | 3.77% | 5.13% | 23.79% | 4.08% | 28.96% | 17.51% | 20.76% | 17.43% | 28.68% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.350 | 1.240 | 1.240 | 1.240 | 1.240 | 1.090 | 1.090 |
Dividend Per Share Growth | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8.87% | 8.87% | 8.87% | 8.87% | 13.76% | 13.76% | 25.25% | 25.25% | 15.96% | 15.96% |
Dividend Yield | 1.72% | 1.88% | 1.87% | 1.80% | 2.10% | 2.27% | 2.30% | 2.17% | 2.52% | 2.12% | 2.28% | 2.68% | 2.28% | 2.39% | 1.89% | 2.26% | 2.02% | 1.54% | 1.38% | 1.65% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
PE Ratio | 26.83 | 24.16 | 22.57 | 22.78 | 17.24 | 16.16 | 20.27 | 23.28 | 27.08 | 40.80 | 29.26 | 21.42 | 20.10 | 15.93 | 18.35 | 15.20 | 17.86 | 22.47 | 24.13 | 20.28 |
Forward PE | 25.04 | 23.69 | 22.95 | 22.77 | 19.53 | 18.25 | 17.97 | 19.47 | 17.37 | 21.22 | 19.00 | 15.68 | 16.99 | 15.49 | 17.49 | 14.63 | 15.82 | 20.61 | 22.29 | 19.39 |
P/FCF Ratio | 43.32 | - | 30.04 | 32.11 | 28.51 | 28.37 | 1896.37 | - | - | - | - | 39.15 | 25.84 | 19.99 | 26.37 | 18.66 | 21.76 | 25.82 | 26.01 | 21.75 |
PS Ratio | 5.63 | 5.29 | 5.32 | 5.51 | 4.74 | 4.42 | 4.38 | 4.62 | 4.01 | 4.79 | 4.39 | 3.63 | 4.07 | 3.72 | 4.71 | 3.98 | 4.56 | 5.97 | 6.50 | 5.44 |