Norfolk Southern Corporation (NSC)

NYSE: NSC · Real-Time Price · USD

345.71

+6.80 (2.01%)

At close: Aug 19, 2026, 4:00 PM EDT

346.80

+1.09 (0.32%)

Pre-market: Aug 20, 2026, 7:53 AM EDT

Norfolk Southern Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,540	12,180	12,123	12,156	12,745	11,142
Revenue Growth	2.97%	0.47%	-0.27%	-4.62%	14.39%	13.82%
Cost of Revenue	6,877	6,583	6,191	6,891	6,715	5,412
Gross Profit	5,663	5,597	5,932	5,265	6,030	5,730
Operating Expenses	1,411	1,393	1,353	1,298	1,221	1,181
Operating Income	4,252	4,204	4,579	3,967	4,809	4,549
Interest Expense	-786	-792	-807	-722	-692	-646
Other Non Operating Income (Expenses)	187	187	185	308	139	-25
EBT Excluding Unusual Items	3,653	3,599	3,957	3,553	4,256	3,878
Merger & Restructuring Charges	-287	-188	-303	-117	-126	-
Other Unusual Items	-47	-84	-975	-1,217	-	-
Pretax Income	3,363	3,665	3,329	2,320	4,130	3,878
Income Tax Expense	727	792	707	493	860	873
Net Income	2,636	2,873	2,622	1,827	3,270	3,005
Preferred Dividends & Other Adjustments	3	3	3	3	2	2
Net Income to Common	2,633	2,870	2,619	1,824	3,268	3,003
Net Income Growth	-21.33%	9.58%	43.59%	-44.19%	8.82%	49.40%
Shares Outstanding (Basic)	225	225	226	227	235	247
Shares Outstanding (Diluted)	225	225	226	227	236	248
Shares Change	-0.55%	-0.49%	-0.44%	-3.48%	-5.04%	-3.31%
EPS (Basic)	11.73	12.76	11.58	8.04	13.92	12.16
EPS (Diluted)	11.72	12.75	11.57	8.02	13.88	12.11
EPS Growth	-20.89%	10.15%	44.30%	-42.20%	14.56%	54.55%
Free Cash Flow	1,631	2,157	28	830	2,274	2,785
Free Cash Flow Per Share	7.25	9.57	0.12	3.65	9.65	11.22
Dividend Per Share	5.400	5.400	5.400	5.400	4.960	4.160
Dividend Growth	0%	0%	0%	8.87%	19.23%	10.64%
Gross Margin	45.16%	45.95%	48.93%	43.31%	47.31%	51.43%
Operating Margin	33.91%	34.52%	37.77%	32.63%	37.73%	40.83%
Profit Margin	21.00%	23.56%	21.60%	15.00%	25.64%	26.95%
Free Cash Flow Margin	13.01%	17.71%	0.23%	6.83%	17.84%	25.00%
EBITDA	5,663	5,597	5,932	5,265	6,030	5,730
EBITDA Margin	45.16%	45.95%	48.93%	43.31%	47.31%	51.43%
D&A For EBITDA	1,411	1,393	1,353	1,298	1,221	1,181
EBIT	4,252	4,204	4,579	3,967	4,809	4,549
EBIT Margin	33.91%	34.52%	37.77%	32.63%	37.73%	40.83%
Effective Tax Rate	21.62%	21.61%	21.24%	21.25%	20.82%	22.51%

SEC Filings: 10-K · 10-Q