NYSE:NSC
Norfolk Southern Corp.
Norfolk Southern Corp.'s revenue grew 0.5% in fiscal 2025 to $12.2B while operating margin rose to 35.8%. Free cash flow was $2.2B, 17.7% of revenue.Summary generated from Norfolk Southern Corp.'s SEC filings. Latest annual report filed Feb 9, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$12.2B
Revenue growth+0.5%
Revenue, 5-yr CAGR+4.5%
Gross marginn/a
Operating margin35.8%
Net margin23.6%
ROIC11.2%
Return on equity19.2%
Debt / equity1.10
Free cash flow$2.2B
FCF margin17.7%
Share count change−0.5%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 11.1 | 12.7 | 12.2 | 12.1 | 12.2 |
| Operating income | 4.4 | 4.8 | 2.9 | 4.1 | 4.4 |
| Net income | 3.0 | 3.3 | 1.8 | 2.6 | 2.9 |
| Free cash flow | 2.8 | 2.3 | 0.9 | 1.7 | 2.2 |
Recent filings
- 4Insider transaction report
Oct 9, 2026 - 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 23, 2026 - 8-KResults of operations and financial condition
Jul 23, 2026 - 8-KDirector or officer change
Jun 1, 2026 - 8-KResults of a shareholder vote
May 8, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 24, 2026 - 8-KResults of operations and financial condition
Apr 24, 2026