Company research / NSC

Norfolk Southern Corp (NSC)

SEC name NORFOLK SOUTHERN CORP · CIK 0000702165 · NYSE · Railroads, Line-Haul Operating

  • Sector Transportation & Utilities
  • Incorporated VA
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Norfolk Southern Corp reported revenue of $12.18B. Revenue grew 0.5% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $12.54B.

Key ratios (year ended 2025-12-31)

35.8%
Operating margin
23.6%
Net margin
18.5%
Return on year-end equity
0.5%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-09

Headquarters locality: Norfolk · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$12.54B$12.18B$12.12B$12.16B$12.74B$11.14B$9.79B$11.30B$11.46B$10.55B$9.89B
Operating Income$4.04B$4.36B$4.07B$2.85B$4.81B$4.45B$3.00B$3.99B$3.96B$3.52B$3.01B
Depreciation & Amortization$1.41B$1.39B$1.35B$1.30B$1.22B$1.18B$1.15B$1.14B$1.10B$1.06B$1.03B
EBITDA$5.45B$5.75B$5.42B$4.15B$6.03B$5.63B$4.16B$5.13B$5.06B$4.58B$4.04B
Net Income$2.64B$2.87B$2.62B$1.83B$3.27B$3.00B$2.01B$2.72B$2.67B$5.40B$1.67B
EPS (Diluted)n/a$12.75$11.57$8.02$13.88$12.11$7.84$10.25$9.51$18.61$5.62
Total Assets$45.12B$45.24B$43.68B$41.65B$38.88B$38.49B$37.96B$37.92B$36.24B$35.71B$34.89B
Total Liabilities$28.87B$29.69B$29.38B$28.87B$26.15B$24.85B$23.17B$22.74B$20.88B$19.35B$22.48B
Long-Term Debtn/an/an/an/an/an/an/an/an/a$9.74B$10.11B
Shareholders' Equity$16.25B$15.55B$14.31B$12.78B$12.73B$13.64B$14.79B$15.18B$15.36B$16.36B$12.41B
Cash & Equivalents$1.07B$1.53B$1.64B$1.57B$456.00M$839.00M$1.11B$580.00M$358.00M$690.00M$956.00M
Operating Cash Flow$3.73B$4.36B$4.05B$3.18B$4.22B$4.25B$3.64B$3.89B$3.73B$3.25B$3.03B
Capital Expenditures$2.10B$2.20B$2.38B$2.33B$1.95B$1.47B$1.49B$2.02B$1.95B$1.72B$1.89B
Free Cash Flow$1.63B$2.16B$1.67B$852.00M$2.27B$2.79B$2.14B$1.87B$1.77B$1.53B$1.15B
Share Repurchases$83.00M$534.00M$0$622.00M$3.11B$3.39B$1.44B$2.10B$2.78B$1.01B$803.00M
Dividends Paid$1.21B$1.22B$1.22B$1.23B$1.17B$1.03B$960.00M$949.00M$844.00M$703.00M$695.00M
Shares Outstanding224.61M224.42M226.32M225.68M228.08M240.16M252.10M257.90M268.10M284.16M290.42M
Dividends Per Sharen/a$5.40$5.40$5.40$4.96$4.16$3.76$3.60$3.04$2.44$2.36
Weighted Average Diluted Sharesn/a225.30M226.40M227.40M235.60M248.10M256.60M265.60M280.20M290.30M296.00M
EPS (Basic)n/a$12.76$11.58$8.04$13.92$12.16$7.88$10.32$9.58$18.76$5.66

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