Norfolk Southern Corp (NSC) stock
NSCNYSERailroads, Line-Haul OperatingFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 22, 2026Score 11/3034% above fair value
$327.88−5.36 (-1.61%)
Close on Nov 13, 2026Market cap $73.65BP/E 27.5Yield 1.65%
Norfolk Southern profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Norfolk Southern's profit margin for the twelve months ending Sep 30, 2026 was 20.7%. For fiscal 2025 it was 23.6%, against 21.6% the year before. The highest annual figure on record is 51.2% in fiscal 2017.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 23.6% | +2.0 |
| FY2024 | Dec 31, 2024 | 21.6% | +6.6 |
| FY2023 | Dec 31, 2023 | 15.0% | −10.6 |
| FY2022 | Dec 31, 2022 | 25.7% | −1.3 |
| FY2021 | Dec 31, 2021 | 27.0% | +6.4 |
| FY2020 | Dec 31, 2020 | 20.6% | −3.5 |
| FY2019 | Dec 31, 2019 | 24.1% | +0.8 |
| FY2018 | Dec 31, 2018 | 23.3% | −28.0 |
| FY2017 | Dec 31, 2017 | 51.2% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 21.5% | −1.4 |
| Q2 FY2026 | Jun 30, 2026 | 21.2% | −3.5 |
| Q1 FY2026 | Mar 31, 2026 | 18.2% | −6.8 |
| Q4 FY2025 | Dec 31, 2025 | 21.7% | −2.6 |
| Q3 FY2025 | Sep 30, 2025 | 22.9% | −13.1 |
| Q2 FY2025 | Jun 30, 2025 | 24.7% | +0.5 |
| Q1 FY2025 | Mar 31, 2025 | 25.1% | +23.3 |
| Q4 FY2024 | Dec 31, 2024 | 24.2% | +7.1 |
| Q3 FY2024 | Sep 30, 2024 | 36.0% | +19.9 |
| Q2 FY2024 | Jun 30, 2024 | 24.2% | +12.3 |
| Q1 FY2024 | Mar 31, 2024 | 1.8% | −13.1 |
| Q4 FY2023 | Dec 31, 2023 | 17.1% | −7.3 |
| Q3 FY2023 | Sep 30, 2023 | 16.1% | −12.6 |
| Q2 FY2023 | Jun 30, 2023 | 11.9% | −13.3 |
| Q1 FY2023 | Mar 31, 2023 | 14.9% | −9.2 |
| Q4 FY2022 | Dec 31, 2022 | 24.4% | −2.2 |
| Q3 FY2022 | Sep 30, 2022 | 28.7% | +2.3 |
| Q2 FY2022 | Jun 30, 2022 | 25.2% | −4.1 |
| Q1 FY2022 | Mar 31, 2022 | 24.1% | −1.4 |
| Q4 FY2021 | Dec 31, 2021 | 26.6% | +0.6 |
| Q3 FY2021 | Sep 30, 2021 | 26.4% | +3.7 |
| Q2 FY2021 | Jun 30, 2021 | 29.3% | +10.5 |
| Q1 FY2021 | Mar 31, 2021 | 25.5% | +11.0 |
| Q4 FY2020 | Dec 31, 2020 | 26.1% | +1.3 |
| Q3 FY2020 | Sep 30, 2020 | 22.7% | −0.4 |
| Q2 FY2020 | Jun 30, 2020 | 18.8% | −5.9 |
| Q1 FY2020 | Mar 31, 2020 | 14.5% | −9.3 |
| Q4 FY2019 | Dec 31, 2019 | 24.8% | +0.5 |
| Q3 FY2019 | Sep 30, 2019 | 23.1% | −0.7 |
| Q2 FY2019 | Jun 30, 2019 | 24.7% | +0.2 |
| Q1 FY2019 | Mar 31, 2019 | 23.8% | +3.5 |
| Q4 FY2018 | Dec 31, 2018 | 24.2% | – |
| Q3 FY2018 | Sep 30, 2018 | 23.8% | – |
| Q2 FY2018 | Jun 30, 2018 | 24.5% | – |
| Q1 FY2018 | Mar 31, 2018 | 20.3% | – |
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