NSCNYSERailroads, Line-Haul OperatingFiscal year ends December 31

NORFOLK SOUTHERN CORP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026

$323.48−3.44 (-1.05%)

Close on Oct 19, 2026

Market cap: $72.78B
P/E (TTM): 27.6
Dividend yield: 1.67%

NORFOLK SOUTHERN CORP income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	12,180	12,123	12,156	12,745	11,142	9,789	11,296	11,458	10,551	9,888	10,511	11,624	11,245	11,040	11,172	9,516	7,969	10,661	9,432
Operating Expenses	–	–	–	–	–	–	–	7,499	7,029	6,879	7,627	8,049	7,988	7,916	7,959	6,840	6,007	7,577	6,847
Total Costs & Expenses	7,824	8,052	9,305	7,936	6,695	6,787	7,307	7,499	7,029	–	–	–	–	–	–	–	–	–	–
Operating Income	4,356	4,071	2,851	4,809	4,447	3,002	3,989	3,959	3,522	3,009	2,884	3,575	3,257	3,124	3,213	2,676	1,962	3,084	2,585
Interest Expense	792	807	722	692	646	625	604	557	550	563	545	545	525	495	455	462	467	444	441
Interest & Investment Income	–	–	–	–	–	–	–	–	13	10	8.00	9.00	8.00	8.00	9.00	12	13	20	–
Income from Equity Investments	–	–	–	–	–	–	–	–	–	–	0	0	42	34	31	26	32	–	–
Other Non-Operating Income	101	65	191	13	77	153	106	67	156	136	103	104	233	129	160	153	127	110	93
Gain (Loss) on Sale of Assets	253	490	49	82	86	39	42	171	92	46	30	13	104	6.00	32	–	–	–	–
Pretax Income	3,665	3,329	2,320	4,130	3,878	2,530	3,491	3,469	3,128	2,582	2,442	3,134	2,965	2,758	2,918	–	–	–	–
Income Tax Expense	792	707	493	860	873	517	769	803	-2,276	914	886	1,134	1,055	1,009	1,002	871	588	1,034	773
Net Income incl. Noncontrolling Interests	–	–	–	–	–	–	–	2,666	5,404	1,668	1,556	2,000	1,910	1,749	1,916	1,496	1,034	1,716	1,464
Net Income	2,873	2,622	1,827	3,270	3,005	2,013	2,722	2,666	5,404	–	–	–	–	–	–	–	–	–	–
Net Income to Common	2,870	2,619	1,824	3,268	3,003	2,010	2,717	2,660	5,400	1,663	1,550	1,994	–	–	–	1,488	1,026	1,707	–
EPS (Basic)(per share)	12.76	11.58	8.04	13.92	12.16	7.88	10.32	9.58	18.76	5.66	5.13	6.44	6.10	5.42	5.52	4.06	2.79	4.58	3.73
EPS (Diluted)(per share)	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
Shares Outstanding (Basic, Weighted)(shares)	225	226	227	235	247	255	263	278	288	294	302	309	–	–	–	367	367	372	–
Shares Outstanding (Diluted, Weighted)(shares)	225	226	227	236	248	257	266	280	290	296	304	313	–	–	–	372	372	380	–
Dividend per Share(per share)	5.40	5.40	5.40	4.96	4.16	3.76	3.60	3.04	2.44	2.36	2.36	2.22	2.04	1.94	1.66	1.40	1.36	1.22	0.96
EBITDA	5,749	5,424	4,149	6,030	5,628	4,156	5,128	5,063	4,581	4,039	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 32.2%
Net margin: 21.0%
Return on equity, FY2025: 19.2%

Financial strength

Current ratio: 0.83
Debt to equity: 1.02
Debt to assets: 36.8%
Cash to current liabilities: 31.7%

Valuation

P/E ratio: 27.6
Price to sales: 5.80
Price to book: 4.48
Dividend yield: 1.67%