Norfolk Southern Corporation (NSC) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

Norfolk Southern Corporation (NSC) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

NSC

Market Closed

Norfolk Southern Corporation

NYSEIndustrials Railroads

19.60K employees

CEO: Mark R. George

Founded: 1982

$300.08

+$0.00(+NaN%)

Market Cap

67.40B

Beta

1.27

52W Range

N/A

Dividend Yield

1.80%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

42.4%

37.3%

CAGR: 4.3%

Profit after direct costs

Operating Margin

32.9%

6.5%

CAGR: -2.1%

Core business profitability

Net Margin

23.6%

9.6%

CAGR: -1.1%

Bottom line profitability

Revenue Growth

0.5%

YoY

CAGR: 2.3%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how NSC allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

42.4%

$5.17B

Operating Margin

32.9%

$4.01B

Net Margin

23.6%

$2.87B

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	11.14B	12.74B	12.16B	12.12B	12.18B	0.5%
Cost of Revenue	(6.78B)	(8.01B)	(9.35B)	(8.36B)	(7.01B)	-16.1%
Gross Profit	4.37B	4.73B	2.81B	3.76B	5.17B	37.3%
Operating Expenses
Research & Development	—	—	—	—	—	—
Selling, General & Administrative	(102.00M)	(126.00M)	(117.00M)	(120.00M)	(753.00M)	-727.5%
General & Administrative	(102.00M)	(126.00M)	(117.00M)	(120.00M)	(753.00M)	-727.5%
Depreciation & Amortization	(1.18B)	(1.22B)	(1.30B)	(1.35B)	(1.39B)	3.0%
Operating Income (EBIT)	4.37B	4.73B	2.81B	3.76B	4.01B	6.5%
Non-Operating Items
Interest Income	—	—	—	—	—	—
Interest Expense	(646.00M)	(692.00M)	(722.00M)	(807.00M)	(792.00M)	-1.9%
Other Income/Expenses (Net)	-487.00M	-603.00M	-488.00M	-435.00M	-343.00M	-21.1%
Income Before Tax	3.88B	4.13B	2.32B	3.33B	3.67B	10.1%
Income Tax Expense	(873.00M)	(860.00M)	(493.00M)	(707.00M)	(792.00M)	12.0%
Net Income	3.00B	3.27B	1.83B	2.62B	2.87B	9.6%
Per Share Metrics
Earnings Per Share (Basic)	$12	$14	$8	$12	$13	10.1%
Weighted Avg Shares Outstanding	246.90M	234.80M	226.90M	226.10M	224.80M	-0.6%
Weighted Avg Shares Outstanding (Diluted)	248.10M	235.60M	227.40M	226.40M	224.80M	-0.7%
EBITDA	5.71B	6.04B	4.34B	5.49B	5.85B	6.6%

Explore NSC

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

NSC in the Industrials

Large Cap

Industrials

Browse sector stocks →

Railroads

Browse industry stocks →