Norfolk Southern Corporation (NSC) Tax Rate: 21.61%
Is Norfolk Southern Corporation’s tax rate high or low?
Norfolk Southern Corporation's tax rate of 21.61% is in line with its 5-year average of 21.31%, around the middle of its 5-year range (20.43%–22.51%).
0.86% above its 12-month average of 21.42%.
NSC Tax Rate Chart
NSC Average Tax Rate Chart
NSC Current vs Average Tax Rate Chart
NSC Tax Rate Metrics
TAX RATE
21.61%
TAX RATE AVG TTM
21.42%
TAX RATE AVG 3Y
21.23%
TAX RATE AVG 5Y
21.31%
TAX RATE AVG 10Y
15.63%
TAX RATE AVG 15Y
21.97%
TAX RATE AVG 20Y
24.66%
CURRENT VS TTM AVG
+0.86%
CURRENT VS 3Y AVG
+1.79%
CURRENT VS 5Y AVG
+1.41%
CURRENT VS 10Y AVG
+38.24%
CURRENT VS 15Y AVG
-1.62%
CURRENT VS 20Y AVG
-12.38%
Norfolk Southern Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Norfolk Southern Corporation Tax Rate FAQ
- What is the tax rate for Norfolk Southern Corporation (NSC)?
- The tax rate for NSC stock is 21.61%.
- Is Norfolk Southern Corporation's tax rate high or low?
- Norfolk Southern Corporation's tax rate of 21.61% is in line with its 5-year average of 21.31%, around the middle of its 5-year range (20.43%–22.51%).
- What is the TTM average tax rate for Norfolk Southern Corporation (NSC)?
- The TTM average tax rate for NSC stock is 21.42%.
- What is the 3Y average tax rate for Norfolk Southern Corporation (NSC)?
- The 3Y average tax rate for NSC stock is 21.23%.
- What is the 5Y average tax rate for Norfolk Southern Corporation (NSC)?
- The 5Y average tax rate for NSC stock is 21.31%.
- What is the 10Y average tax rate for Norfolk Southern Corporation (NSC)?
- The 10Y average tax rate for NSC stock is 15.63%.
- What is the 15Y average tax rate for Norfolk Southern Corporation (NSC)?
- The 15Y average tax rate for NSC stock is 21.97%.
- What is the 20Y average tax rate for Norfolk Southern Corporation (NSC)?
- The 20Y average tax rate for NSC stock is 24.66%.
Norfolk Southern Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 21.61% |
| 2024-12-31 | 21.24% |
| 2023-12-31 | 21.25% |
| 2022-12-31 | 20.82% |
| 2021-12-31 | 22.51% |
| 2020-12-31 | 20.43% |
| 2019-12-31 | 22.03% |
| 2018-12-31 | 23.15% |
| 2017-12-31 | -72.76% |
| 2016-12-31 | 35.40% |
| 2015-12-31 | 36.28% |
| 2014-12-31 | 36.18% |
| 2013-12-31 | 35.58% |
| 2012-12-31 | 36.58% |
| 2011-12-31 | 34.34% |
| 2010-12-31 | 36.80% |
| 2009-12-31 | 36.25% |
| 2008-12-31 | 37.60% |
| 2007-12-31 | 34.56% |
| 2006-12-31 | 33.59% |
| 2005-12-31 | 24.51% |
| 2004-12-31 | 29.11% |
| 2003-12-31 | 29.86% |
| 2002-12-31 | 34.84% |
| 2001-12-31 | 34.54% |
| 2000-12-31 | 31.20% |
| 1999-12-31 | 31.91% |
| 1998-12-31 | 25.44% |
| 1997-12-31 | 29.96% |
| 1996-12-31 | 35.63% |
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