For the year ending 2025-12-31, NSC made $12,180M in revenue. $2,873M in net income. Net profit margin of 23.59%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Railway operating revenues | 12,180 | 12,123 | 12,156 | 12,745 |
| Compensation and benefits | 2,922 | 2,823 | 2,819 | 2,621 |
| Purchased services and rents | 2,095 | 2,048 | 2,070 | 1,922 |
| Fuel | 932 | 987 | 1,170 | 1,459 |
| Depreciation | 1,393 | 1,353 | 1,298 | 1,221 |
| Materials and other | 634 | 333 | - | - |
| Merger-related expenses | 80 | - | - | - |
| Materials and other | - | - | 832 | 713 |
| Restructuring and other charges | 22 | 183 | - | - |
| Loss on asset disposal | - | - | - | 0 |
| Eastern ohio incident | 254 | 325 | 1,116 | - |
| Total railway operating expenses | 7,824 | 8,052 | 9,305 | 7,936 |
| Income from railway operations | 4,356 | 4,071 | 2,851 | 4,809 |
| Other income net | 101 | 65 | 191 | 13 |
| Interest expense on debt | 792 | 807 | 722 | 692 |
| Income before income taxes | 3,665 | 3,329 | 2,320 | 4,130 |
| Income taxes | 792 | 707 | 493 | 860 |
| Net income | 2,873 | 2,622 | 1,827 | 3,270 |
| Adjusted weighted-average shares outstanding, diluted (in shares) | 225,300,000 | 226,400,000 | 227,400,000 | 235,600,000 |
| Basic (in dollars per share) | 12.76 | 11.58 | 8.04 | 13.92 |
| Diluted (in dollars per share) | 12.75 | 11.57 | 8.02 | 13.88 |
| Weighted-average shares outstanding (in shares) | 225,000,000 | 226,100,000 | 226,900,000 | 234,800,000 |
NORFOLK SOUTHERN CORP (NSC)
NORFOLK SOUTHERN CORP (NSC)