Norfolk Southern (NSC) is trading up at $323.73 (+0.81%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Industrials sector.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $9.89B | $10.6B | $11.5B | $11.3B | $9.79B | $11.1B | $12.7B | $12.2B | $12.1B | $12.2B |
| Growth (year over year) | −5.9% | +6.7% | +8.6% | −1.4% | −13.3% | +13.8% | +14.4% | −4.6% | −0.3% | +0.5% |
| Operating income | $3.01B | $3.52B | $3.96B | $3.99B | $3.00B | $4.45B | $4.81B | $2.85B | $4.07B | $4.36B |
| Operating margin | 30.4% | 33.4% | 34.6% | 35.3% | 30.7% | 39.9% | 37.7% | 23.5% | 33.6% | 35.8% |
| Net income | $1.66B | $5.40B | $2.67B | $2.72B | $2.01B | $3.00B | $3.27B | $1.83B | $2.62B | $2.87B |
| Net margin | 16.8% | 51.2% | 23.3% | 24.1% | 20.6% | 27.0% | 25.7% | 15.0% | 21.6% | 23.6% |
| EPS (diluted) | $5.62 | $18.61 | $9.51 | $10.25 | $7.84 | $12.11 | $13.88 | $8.02 | $11.57 | $12.75 |
| Balance sheet | ||||||||||
| Cash and equivalents | $956.0M | $690.0M | $358.0M | $580.0M | $1.11B | $839.0M | $456.0M | $1.57B | $1.64B | $1.53B |
| Total assets | $34.9B | $35.7B | $36.2B | $37.9B | $38.0B | $38.5B | $38.9B | $41.7B | $43.7B | $45.2B |
| Total liabilities | $22.5B | $19.4B | $20.9B | $22.7B | $23.2B | $24.9B | $26.2B | $28.9B | $29.4B | $29.7B |
| Long-term debt | $9.56B | $9.14B | $10.6B | $11.9B | $12.1B | $13.3B | $14.5B | $17.2B | $16.7B | $16.5B |
| Shareholders' equity | $12.4B | $16.4B | $15.4B | $15.2B | $14.8B | $13.6B | $12.7B | $12.8B | $14.3B | $15.5B |
| Cash flow | ||||||||||
| Operating cash flow | $3.03B | $3.25B | $3.73B | $3.89B | $3.64B | $4.25B | $4.22B | $3.18B | $4.05B | $4.36B |
| Capital expenditure | $1.89B | $1.72B | $1.95B | $2.02B | $1.49B | $1.47B | $1.95B | $2.33B | $2.38B | $2.20B |
| Free cash flow | $1.15B | $1.53B | $1.77B | $1.87B | $2.14B | $2.79B | $2.27B | $852.0M | $1.67B | $2.16B |
| Dividends paid | $695.0M | $703.0M | $844.0M | $949.0M | $960.0M | $1.03B | $1.17B | $1.23B | $1.22B | $1.22B |
| Share buybacks | $803.0M | $1.01B | $2.78B | $2.10B | $1.44B | $3.39B | $3.11B | $622.0M | $0 | $534.0M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $3.05B | $3.02B | $2.99B | $3.11B | $3.10B | $2.97B | $3.00B | $3.46B |
| Growth (year over year) | +2.7% | −1.6% | −0.4% | +2.2% | +1.7% | −1.7% | +0.2% | +11.4% |
| Operating income | $1.60B | $1.13B | $1.15B | $1.18B | $1.10B | $937.0M | $877.0M | $1.12B |
| Operating margin | 52.3% | 37.4% | 38.3% | 37.8% | 35.4% | 31.5% | 29.3% | 32.4% |
| Net income | $1.10B | $733.0M | $750.0M | $768.0M | $711.0M | $644.0M | $547.0M | $734.0M |
| Net margin | 36.0% | 24.2% | 25.1% | 24.7% | 22.9% | 21.7% | 18.2% | 21.2% |
| EPS (diluted) | $4.85 | $3.24 | $3.31 | $3.41 | $3.16 | $2.87 | $2.43 | $3.26 |
| Balance sheet | ||||||||
| Cash and equivalents | $975.0M | $1.64B | $1.01B | $1.30B | $1.42B | $1.53B | $1.34B | $1.07B |
| Total assets | $43.3B | $43.7B | $43.8B | $44.2B | $44.6B | $45.2B | $45.1B | $45.1B |
| Total liabilities | $29.5B | $29.4B | $29.3B | $29.4B | $29.4B | $29.7B | $29.3B | $28.9B |
| Long-term debt | $16.6B | $16.7B | $16.7B | $16.5B | $16.5B | $16.5B | $16.5B | $16.0B |
| Shareholders' equity | $13.8B | $14.3B | $14.5B | $14.8B | $15.1B | $15.5B | $15.8B | $16.3B |
| Cash flow | ||||||||
| Operating cash flow | $1.23B | $951.0M | $950.0M | $1.08B | $1.27B | $1.06B | $344.0M | $1.05B |
| Capital expenditure | $581.0M | $675.0M | $449.0M | $475.0M | $551.0M | $729.0M | $382.0M | $439.0M |
| Free cash flow | $645.0M | $276.0M | $501.0M | $602.0M | $720.0M | $334.0M | −$38.0M | $615.0M |
| Dividends paid | $305.0M | $306.0M | $306.0M | $303.0M | $303.0M | $303.0M | $303.0M | $303.0M |
| Share buybacks | $0 | $0 | $248.0M | $208.0M | $78.0M | $0 | $5.00M | $0 |
From Norfolk Southern's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
The Norfolk Southern Railway is a Class I freight railroad operating in the Eastern United States. Headquartered in Atlanta, the company was formed in 1982 with the merger of the Norfolk and Western Railway and Southern Railway. The company operates 19,420 route miles (31,250 km) in 22 eastern states and the District of Columbia, and has rights in Canada over the Albany to Montreal route of the Canadian Pacific Kansas City. Norfolk Southern Railway is the leading subsidiary of the Norfolk Southern Corporation.
Source: Wikipedia — Norfolk Southern Railway
Norfolk Southern sees fuel prices weighing on third quarter despite freight share gains
Norfolk Southern sees fuel prices weighing on third quarter despite freight share gains
Is Norfolk Southern Stock Underperforming the Nasdaq?
Is Norfolk Southern Stock Underperforming the Nasdaq?
Union Pacific Sees Norfolk Southern Merger Closing by Late 2027 as STB Review Advances
Union Pacific Sees Norfolk Southern Merger Closing by Late 2027 as STB Review Advances
Union Pacific (UNP) is Winning the Railroad Race. Can Norfolk Southern (NSC) Catch Up through the Merger?
Union Pacific (UNP) is Winning the Railroad Race. Can Norfolk Southern (NSC) Catch Up through the Merger?
Do Wall Street Analysts Like Norfolk Southern Stock?
Do Wall Street Analysts Like Norfolk Southern Stock?
Union Pacific (UNP) Reported a $91M Fuel Surcharge Surplus. Could That Hurt its Norfolk Southern Deal?
Union Pacific (UNP) Reported a $91M Fuel Surcharge Surplus. Could That Hurt its Norfolk Southern Deal?
Form 4 Norfolk Southern Corporation For: 29 July
Form 4 Norfolk Southern Corporation For: 29 July