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Norfolk Southern Corporation (NSC)
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NSC Income Statement

Revenue, expenses, and profitability analysis

NSC Quarterly Income Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
5.521B1.291B2.097B1.029B1.104B938.000M1.093B1.256B1.103B
12.185B2.998B2.974B3.103B3.110B2.993B3.024B3.051B3.044B
Cost of Goods Sold
6.664B1.707B877.000M2.074B2.006B2.055B1.931B1.795B1.941B
43.1%43.1%70.5%33.2%35.5%31.3%36.1%41.2%36.2%
Total Operating Expenses
1.574B414.000M1.160B0.000.000.000.000.000.00
0.000.000.000.000.000.000.000.000.00
753.000M0.00753.000M0.000.000.000.000.000.00
3.947B877.000M937.000M1.029B1.104B938.000M1.093B1.256B1.103B
29.3%29.3%31.5%33.2%35.5%31.3%36.1%41.2%36.2%
3.402B715.000M765.000M924.000M998.000M978.000M928.000M1.427B944.000M
Interest Income
790.000M197.000M195.000M197.000M201.000M199.000M199.000M203.000M204.000M
Other Income/Expense
-545.000M-162.000M-172.000M-105.000M-106.000M40.000M-165.000M171.000M-159.000M
2.670B547.000M644.000M711.000M768.000M750.000M733.000M1.099B737.000M
732.000M168.000M121.000M213.000M230.000M228.000M195.000M328.000M207.000M
18.2%18.2%21.7%22.9%24.7%25.1%24.2%36.0%24.2%
5.521B1.194B1.313B1.469B1.545B1.523B1.469B1.969B1.483B
EBITDA Margin
39.8%39.8%44.1%47.3%49.7%50.9%48.6%64.5%48.7%
1.399B352.000M353.000M348.000M346.000M346.000M342.000M339.000M335.000M
EPS Basic
11.872.432.873.163.413.313.244.863.26
11.872.432.873.163.413.313.234.853.25
Shares Outstanding
225.103M225.103M224.800M224.400M225.000M226.100M226.200M226.200M226.000M
Diluted Shares Outstanding
225.103M225.103M224.800M224.700M225.000M226.500M226.500M226.500M226.400M

NSC Annual Income Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
5.168B3.764B2.808B4.733B4.365B3.397B3.893B3.959B
12.180B12.123B12.156B12.745B11.142B9.789B11.296B11.458B
Cost of Goods Sold
7.012B8.359B9.348B8.012B6.777B6.392B7.403B7.499B
42.4%31.0%23.1%37.1%39.2%34.7%34.5%34.6%
Total Operating Expenses
1.160B0.000.000.000.000.000.000.00
0.000.000.000.000.000.000.000.00
753.000M-120.000M-117.000M-126.000M-102.000M0.000.000.00
4.008B3.764B2.808B4.733B4.365B3.397B3.893B3.959B
32.9%31.0%23.1%37.1%39.2%34.7%34.5%34.6%
3.665B3.329B2.320B4.130B3.878B2.530B3.491B3.469B
Interest Income
792.000M807.000M722.000M692.000M646.000M625.000M604.000M557.000M
Other Income/Expense
-343.000M-435.000M-488.000M-603.000M-487.000M-867.000M-402.000M-490.000M
2.873B2.622B1.827B3.270B3.005B2.013B2.722B2.666B
792.000M707.000M493.000M860.000M873.000M517.000M769.000M803.000M
23.6%21.6%15.0%25.7%27.0%20.6%24.1%23.3%
5.850B5.489B4.340B6.043B5.705B4.309B5.233B5.128B
EBITDA Margin
48.0%45.3%35.7%47.4%51.2%44.0%46.3%44.8%
1.393B1.353B1.298B1.221B1.181B1.154B1.138B1.102B
EPS Basic
12.7511.588.0413.9212.167.8810.329.94
12.7511.578.0213.8812.117.8410.259.51
Shares Outstanding
224.800M226.100M226.900M234.800M246.900M255.100M263.300M268.098M
Diluted Shares Outstanding
224.800M226.400M227.400M235.600M248.100M256.600M265.600M280.200M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Atlanta, GA
19,600 employees
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Mark R. George