NSC
Norfolk Southern Corporation
Stock
$317.44+7.18 (+2.31%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.5B | $12.2B | $12.1B | $12.2B | $12.7B | $11.1B | $9.8B | $11.3B | $11.5B | $10.6B | $9.9B | $10.5B | $11.6B | $11.2B | $11.0B | $11.2B | $9.5B | $8.0B | $10.7B | $9.4B |
| Operating income | $4.0B | $4.4B | $4.1B | $2.9B | $4.8B | $4.4B | $3.0B | $4.0B | $4.0B | $3.5B | $3.0B | $2.9B | $3.6B | $3.3B | $3.1B | $3.2B | $2.7B | $2.0B | $3.1B | $2.6B |
| Non-operating income | −$673M | −$691M | −$742M | −$531M | −$679M | −$569M | −$472M | −$498M | −$490M | −$394M | −$427M | −$442M | −$441M | −$292M | −$366M | −$295M | — | — | — | — |
| Pretax income | $3.4B | $3.7B | $3.3B | $2.3B | $4.1B | $3.9B | $2.5B | $3.5B | $3.5B | $3.1B | $2.6B | $2.4B | $3.1B | $3.0B | $2.8B | $2.9B | — | — | — | — |
| Taxes | $727M | $792M | $707M | $493M | $860M | $873M | $517M | $769M | $803M | −$2.3B | $914M | $886M | $1.1B | $1.1B | $1.0B | $1.0B | — | — | — | — |
| Net income | $2.6B | $2.9B | $2.6B | $1.8B | $3.3B | $3.0B | $2.0B | $2.7B | $2.7B | $5.4B | $1.7B | $1.6B | $2.0B | $1.9B | $1.7B | $1.9B | $1.5B | $1.0B | $1.7B | $1.5B |
| Diluted EPS | $11.71 | $12.75 | $11.57 | $8.02 | $13.88 | $12.11 | $7.84 | $10.25 | $9.51 | $18.61 | $5.62 | $5.10 | $6.39 | $6.04 | $5.37 | $5.45 | $4.00 | $2.76 | $4.52 | $3.68 |
| Diluted shares | — | 225.3M | 226.4M | 227.4M | 235.6M | 248.1M | 256.6M | 265.6M | 280.2M | 290.3M | 296.0M | 304.4M | 312.5M | — | — | — | 371.8M | 372.1M | 380.0M | — |
| Revenue growth | — | +0.5% | −0.3% | −4.6% | +14.4% | +13.8% | −13.3% | −1.4% | +8.6% | +6.7% | −5.9% | −9.6% | +3.4% | +1.9% | −1.2% | +17.4% | +19.4% | −25.3% | +13.0% | — |
| Operating margin | 32.2% | 35.8% | 33.6% | 23.5% | 37.7% | 39.9% | 30.7% | 35.3% | 34.6% | 33.4% | 30.4% | 27.4% | 30.8% | 29.0% | 28.3% | 28.8% | 28.1% | 24.6% | 28.9% | 27.4% |
| Net margin | 21.0% | 23.6% | 21.6% | 15.0% | 25.7% | 27.0% | 20.6% | 24.1% | 23.3% | 51.2% | 16.9% | 14.8% | 17.2% | 17.0% | 15.8% | 17.2% | 15.7% | 13.0% | 16.1% | 15.5% |