Skip to main content
logo
Norfolk Southern Corporation (NSC)
NYSE: NSC · Real-Time Price · USD
338.84
-4.51 (-1.31%)
At close: Jul 28, 2026, 4:00 PM EDT
338.84
0.00 (0.00%)
After-hours: Jul 28, 2026, 7:00 PM EDT

Norfolk Southern Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
3,4652,9982,9743,1033,1102,9933,0243,0513,0443,0043,0732,9712,9803,1323,2373,3433,2502,9152,8522,852
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
1,5541,2911,3441,4621,4841,3071,4571,8361,3981,2411,2881,2451,3131,4191,4901,5781,5751,3871,4271,433
Operating Income
1,1248779371,0981,1751,1461,1311,5961,1312138087565767111,1811,2721,2711,0851,1291,136
Net Income
7345476447117687507331,09973753527478356466790958819703760753
Earnings Per Share
3.262.432.873.163.413.313.234.853.250.232.322.101.562.043.424.103.452.933.123.06
EPS Growth
-4.40%-26.59%-11.15%-34.84%4.92%1339.13%39.22%130.95%108.33%-88.72%-32.16%-48.78%-54.78%-30.38%9.62%33.99%5.18%10.15%18.18%37.84%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Agriculture, Forest and Consumer Product
673625627630645636646624622629639611627653654642624573570564
Chemical
646567556569546535521543532527512498503541528570552498494504
Metals and Construction
480413404448458414392420440430402417415400415442420375366424
Automotive
334280293322323278283274310277296274281284279276257226241218
Intermodal
908749747759743760792763742745794737745814913942972854831812
Coal
424364347375395370390427398396430434409440448471425389350330
Revenue (Total)
3,4652,9982,9743,1033,1102,9933,0243,0513,0443,0043,0732,9712,9803,1323,2373,3433,2502,9152,8522,852

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
1,0691,3411,5301,4181,3031,0061,6419756596521,5681,5065565524561,2141,2591,5718391,465
Total Debt
16,61617,10117,08717,08317,36717,21517,20617,19917,59217,58317,17916,58415,12914,98815,18215,06815,05414,84413,84013,832
Net Cash (Debt)
-15,547-15,760-15,557-15,665-16,064-16,209-15,565-16,224-16,933-16,931-15,611-15,078-14,573-14,436-14,726-13,854-13,795-13,273-13,001-12,367
Net Cash Growth
--------------------
Net Cash Per Share
-69.10-70.04-69.20-69.72-71.33-71.56-68.66-71.63-74.79-74.85-68.98-66.42-63.92-63.23-63.83-59.21-58.08-55.26-53.39-50.19

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
1,0543441,0631,2711,0779509511,2261,0368399239236731,1731,0061,0061,2179941,0491,049
Capital Expenditures
-439-382-729-551-475-449-675-581-568-557-474-474-520-428-418.5-418.5-722-389-313.5-313.5
Free Cash Flow
615-38334720602501276645468282449449153745587587495605735735
Free Cash Flow Growth
2.16%-21.01%11.63%28.63%77.66%-38.53%43.65%205.88%-62.15%-23.51%-23.51%-69.09%23.14%-20.14%-20.14%-31.25%-19.33%43.70%43.70%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
44.85%43.06%45.19%47.12%47.72%43.67%48.18%60.18%45.93%41.31%41.91%41.91%44.06%45.31%46.03%47.20%48.46%47.58%50.04%50.25%
Operating Margin
32.44%29.25%31.51%35.39%37.78%38.29%37.40%52.31%37.16%7.09%26.29%25.45%19.33%22.70%36.48%38.05%39.11%37.22%39.59%39.83%
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
21.18%18.25%21.65%22.91%24.69%25.06%24.24%36.02%24.21%1.76%17.15%16.09%11.95%14.88%24.41%28.66%25.20%24.12%26.65%26.40%
FCF Margin
17.75%-1.27%11.23%23.20%19.36%16.74%9.13%21.14%15.37%9.39%14.61%15.11%5.13%23.79%18.13%17.56%15.23%20.75%25.77%25.77%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
1.3501.3501.3501.3501.3501.3501.3501.3501.3501.3501.3501.3501.3501.3501.2401.2401.2401.2401.0901.090
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
0.43%0.47%0.47%0.45%0.53%0.57%0.58%0.54%0.63%0.53%0.57%0.69%0.60%0.64%0.52%0.60%0.52%0.44%0.34%0.42%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
26.8424.1822.6422.9117.3016.1820.2923.3327.1841.0429.4721.5920.3916.3017.7515.4218.1023.0224.5820.55
Forward PE
25.0423.6922.9522.7719.5318.2517.9719.4717.3721.2219.0015.6816.9915.4917.4914.6315.8220.6122.2919.39
P/FCF Ratio
43.3239.8430.0432.1128.4128.2531.7930.4929.4543.1962.6123.0324.8419.9924.7220.0420.7724.3225.6721.43
PS Ratio
5.635.295.325.514.724.414.384.624.014.794.393.614.063.724.413.934.505.956.425.36