Norfolk Southern Corporation (NSC) EBITDA Margin: 48.03%
Is Norfolk Southern Corporation’s EBITDA margin high or low?
Norfolk Southern Corporation's EBITDA margin of 48.03% is in line with its 5-year average of 45.27%, near the high end of its 5-year range (35.70%–51.20%).
As of Friday, June 12, 2026. 2.95% above its 12-month average of 46.66%.
NSC EBITDA Margin Chart
NSC Average EBITDA Margin Chart
NSC Current vs Average EBITDA Margin Chart
NSC EBITDA Margin Metrics
EBITDA MARGIN
48.03%
EBITDA MARGIN AVG TTM
46.66%
EBITDA MARGIN AVG 3Y
44.10%
EBITDA MARGIN AVG 5Y
45.27%
EBITDA MARGIN AVG 10Y
44.46%
EBITDA MARGIN AVG 15Y
42.67%
EBITDA MARGIN AVG 20Y
41.25%
CURRENT VS TTM AVG
+2.95%
CURRENT VS 3Y AVG
+8.90%
CURRENT VS 5Y AVG
+6.09%
CURRENT VS 10Y AVG
+8.02%
CURRENT VS 15Y AVG
+12.55%
CURRENT VS 20Y AVG
+16.45%
NSC Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norfolk Southern Corporation (NSC) | $69.72B | 48.03% | 46.66% | 44.10% | 45.27% |
| Illinois Tool Works Inc. (ITW) | $72.22B | 28.98% | 30.55% | 29.22% | 28.45% |
| Comfort Systems USA, Inc. (FIX) | $64.90B | 15.87% | 13.75% | 11.16% | 10.38% |
| Rocket Lab USA, Inc. (RKLB) | $62.52B | -25.83% | -30.31% | -41.25% | -73.55% |
| Emerson Electric Co. (EMR) | $77.05B | 26.86% | 24.95% | 25.77% | 23.98% |
| PACCAR Inc (PCAR) | $60.57B | 14.76% | 16.81% | 17.16% | 16.16% |
| 3M Company (MMM) | $81.35B | 23.45% | 26.42% | 10.54% | 16.33% |
| Fastenal Company (FAST) | $53.01B | 20.26% | 21.34% | 22.31% | 22.57% |
| Johnson Controls International plc (JCI) | $87.86B | 13.36% | 12.78% | 11.23% | 11.77% |
| CSX Corporation (CSX) | $88.01B | 41.63% | 45.14% | 47.75% | 50.35% |
Margin Comparison
Gross Margin
45.3%
EBITDA Margin
48.0%
Operating Margin
32.4%
Net Margin
21.9%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Norfolk Southern Corporation EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Norfolk Southern Corporation EBITDA Margin FAQ
- What is the EBITDA margin for Norfolk Southern Corporation (NSC)?
- The EBITDA margin for NSC stock is 48.03%.
- Is Norfolk Southern Corporation's EBITDA margin high or low?
- Norfolk Southern Corporation's EBITDA margin of 48.03% is in line with its 5-year average of 45.27%, near the high end of its 5-year range (35.70%–51.20%).
- What is the TTM average EBITDA margin for Norfolk Southern Corporation (NSC)?
- The TTM average EBITDA margin for NSC stock is 46.66%.
- What is the 3Y average EBITDA margin for Norfolk Southern Corporation (NSC)?
- The 3Y average EBITDA margin for NSC stock is 44.10%.
- What is the 5Y average EBITDA margin for Norfolk Southern Corporation (NSC)?
- The 5Y average EBITDA margin for NSC stock is 45.27%.
- What is the 10Y average EBITDA margin for Norfolk Southern Corporation (NSC)?
- The 10Y average EBITDA margin for NSC stock is 44.46%.
- What is the 15Y average EBITDA margin for Norfolk Southern Corporation (NSC)?
- The 15Y average EBITDA margin for NSC stock is 42.67%.
- What is the 20Y average EBITDA margin for Norfolk Southern Corporation (NSC)?
- The 20Y average EBITDA margin for NSC stock is 41.25%.
Norfolk Southern Corporation EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 48.03% |
| 2024-12-31 | 45.28% |
| 2023-12-31 | 35.70% |
| 2022-12-31 | 47.41% |
| 2021-12-31 | 51.20% |
| 2020-12-31 | 44.02% |
| 2019-12-31 | 46.33% |
| 2018-12-31 | 44.75% |
| 2017-12-31 | 44.86% |
| 2016-12-31 | 42.60% |
| 2015-12-31 | 38.91% |
| 2014-12-31 | 39.98% |
| 2013-12-31 | 39.34% |
| 2012-12-31 | 37.82% |
| 2011-12-31 | 37.97% |
| 2010-12-31 | 38.58% |
| 2009-12-31 | 36.88% |
| 2008-12-31 | 37.60% |
| 2007-12-31 | 37.01% |
| 2006-12-31 | 36.92% |
| 2005-12-31 | 34.99% |
| 2004-12-31 | 33.06% |
| 2003-12-31 | 16.45% |
| 2002-12-31 | 18.47% |
| 2001-12-31 | 6.58% |
| 2000-12-31 | 14.06% |
| 1999-12-31 | 17.92% |
| 1998-12-31 | 31.08% |
| 1997-12-31 | 40.78% |
| 1996-12-31 | 32.55% |
Related Metrics
About Norfolk Southern Corporation
Norfolk Southern Corporation (NSC), operating through its various subsidiaries, is a prominent rail transport provider in the United States. The company's core business involves the conveyance of raw materials, semi-finished goods, and completed merchandise across the nation. Its extensive freight services cover a broad spectrum of commodities. This includes a variety of agricultural and forestry products like grains (e.g., soybeans, wheat, corn), fertilizers, animal feeds, and diverse foodstuffs such as oils, flour, sweeteners, beverages, and canned goods, alongside lumber and paper products. NSC also handles a wide range of chemicals, from sulfur and petroleum derivatives to chlorine compounds, plastics, industrial chemicals, and sand. Furthermore, the company moves metals and construction supplies, including steel, aluminum, heavy machinery, cement, aggregates, and specialized military equipment. Transportation of both finished motor vehicles and automotive components is a significant segment, as is the consistent shipment of coal. Beyond its principal freight operations, Norfolk Southern facilitates global trade by connecting with various Atlantic and Gulf Coast ports for overseas cargo. The corporation also manages an expansive intermodal network and offers commuter passenger rail services. As of the close of 2021, the company's vast railway infrastructure extended over roughly 19,300 route miles, serving 22 states and the District of Columbia. Norfolk Southern Corporation, originally incorporated in 1980, is based in Atlanta, Georgia.
- Sector
- Industrials
- Industry
- Railroads
- CEO
- Mark R. George