Norfolk Southern Corporation (NSC)
Industrials · Railroads · NYSE
Norfolk Southern Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.89B | $10.55B | $11.46B | $11.30B | $9.79B | $11.14B | $12.74B | $12.16B | $12.12B | $12.18B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $1.67B | $5.40B | $2.67B | $2.72B | $2.01B | $3.00B | $3.27B | $1.83B | $2.62B | $2.87B |
| Net margin | 16.9% | 51.2% | 23.3% | 24.1% | 20.6% | 27.0% | 25.7% | 15.0% | 21.6% | 23.6% |
Source: Norfolk Southern Corporation SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into NSC stock?
At today's market cap of $70.15B, Norfolk Southern Corporation is priced for free-cash-flow growth of about 14.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.16B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 0.1%/yr over the last five fiscal years and revenue 4.5%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Norfolk Southern Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Norfolk Southern Corporation financial history by metric
About Norfolk Southern Corporation
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals, including sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and operates an intermodal network. Norfolk Southern Corporation was incorporated in 1980 and is headquartered in Atlanta, Georgia.
Norfolk Southern Corporation — frequently asked questions
What is Norfolk Southern Corporation's revenue?
Norfolk Southern Corporation (NSC) reported revenue of $12.18B for fiscal year 2025, up 0.5% from the prior year, according to its SEC filings.
Is Norfolk Southern Corporation profitable?
Yes. NSC earned net income of $2.87B in fiscal 2025, a net margin of 23.6%.
What is NSC's P/E ratio?
Norfolk Southern Corporation trades at a price-to-earnings ratio of about 26.3 based on the latest data in our nightly-refreshed cache.
How fast is Norfolk Southern Corporation growing?
NSC's revenue grew at roughly 4.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Norfolk Southern Corporation have?
As of fiscal year 2025, NSC carried roughly $607.00M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Norfolk Southern Corporation's market cap?
Norfolk Southern Corporation (NSC) has a market capitalization of about $70.15B, based on the latest data in our nightly-refreshed cache.
When does Norfolk Southern Corporation's fiscal year end?
NSC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into NSC stock?
At today's market cap of $70.15B, Norfolk Southern Corporation is priced for free-cash-flow growth of about 14.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.16B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 0.1%/yr over the last five fiscal years and revenue 4.5%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Norfolk Southern Corporation's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.