NSCNYSESEC EDGAREDGAR

NORFOLK SOUTHERN CORP

Railroads, Line-Haul Operating·ATLANTA, GA·FY end 12/31·CIK 702165

Financials

5-year history · USD
MetricFY 2025FY 2024FY 2023FY 2022FY 2021Trend
Revenue$12.2B$12.1B$12.2B$12.7B$11.1B
Gross Profit
Operating Income$4.4B$4.1B$2.9B$4.8B$4.4B
Net Income$2.9B$2.6B$1.8B$3.3B$3.0B
Operating CF$4.4B$4.1B$3.2B$4.2B$4.3B
Capex$2.2B$2.4B$2.3B$1.9B$1.5B
Free Cash Flow$2.2B$1.7B$830.0M$2.3B$2.8B
Buybacks$534.0M$0$622.0M$3.1B$3.4B
Dividends$1.2B$1.2B$1.2B$1.2B$1.0B
Gross Margin
Operating Margin35.8%33.6%23.5%37.7%39.9%
Net Margin23.6%21.6%15.0%25.7%27.0%
FCF Margin17.7%13.8%6.8%17.8%25.0%
R&D / Revenue
Effective Tax21.6%21.2%21.3%20.8%22.5%
Debt / Equity
Buybacks / FCF24.8%0.0%74.9%136.8%121.7%

Peer comparison

Railroads, Line-Haul Operating · 1 peer
CEO Pay Ratio
NSC
137:1
CSX
123:1
CEO total comp
NSC
CSX
$12M
Net Margin
NSC
23.6%
CSX
20.5%