NS
NORFOLK SOUTHERN CORP
NSC Industrials · Transportation
Latest period 2026-06-30 · 38 filings on record
SHOWING
Fiscal years as the company filed them — each point is one closed year from its 10-K, ending on that year's own close. A year with no 10-K on file is assembled from its four quarters and labelled by its ending date instead; a year still open gets no column at all.
Ranked against Industrials · 69 peers
Each grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
Growth
21st pct
▲+7 over range · as of 2025-12-31
Quality
69th pct
▲+19 over range · as of 2025-12-31
Safety
18th pct
▼−10 over range · as of 2025-12-31
OVERVIEWYoY Δ
Latest fiscal year · ending 2025-12-31 · green = improving · click a row to chart it
Revenue $12.2B +0.5% CHARTED Gross margin — — Operating margin 35.8% +2.2pp Net margin 23.6% +2.0pp Net income $2.9B +9.6%
Debt / equity
1.10
−8.6%
EPS (diluted)
$12.75
+10.2%
EBITDA
$5.7B
+6.0%
Filings
FY 2021 → FY 2025 · following the period bar 20 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
All 20 filings
10-Q Q2 2024 2024-07-26 Pro → 10-Q Q1 2024 2024-04-24 Pro → 10-K FY 2023 2024-02-05 Pro → 10-Q Q3 2023 2023-10-25 Pro → 10-Q Q2 2023 2023-07-27 Pro → 10-Q Q1 2023 2023-04-26 Pro → 10-K FY 2022 2023-02-03 Pro → 10-Q Q3 2022 2022-10-26 Pro → 10-Q Q2 2022 2022-07-27 Pro → 10-Q Q1 2022 2022-04-27 Pro → 10-K FY 2021 2022-02-04 Pro → 10-Q Q3 2021 2021-10-27 Pro → 10-Q Q2 2021 2021-07-28 Pro → 10-Q Q1 2021 2021-04-28 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
Fiscal years as the company filed them
Revenue
| Period | Period end | Revenue |
|---|---|---|
| FY 2021 | 2021-12-31 | $11.1B |
| FY 2022 | 2022-12-31 | $12.7B |
| FY 2023 | 2023-12-31 | $12.2B |
| FY 2024 | 2024-12-31 | $12.1B |
| FY 2025 | 2025-12-31 | $12.2B |
Net income
| Period | Period end | Net income |
|---|---|---|
| FY 2021 | 2021-12-31 | $3.0B |
| FY 2022 | 2022-12-31 | $3.3B |
| FY 2023 | 2023-12-31 | $1.8B |
| FY 2024 | 2024-12-31 | $2.6B |
| FY 2025 | 2025-12-31 | $2.9B |
Operating income
| Period | Period end | Operating income |
|---|---|---|
| FY 2021 | 2021-12-31 | $4.4B |
| FY 2022 | 2022-12-31 | $4.8B |
| FY 2023 | 2023-12-31 | $2.9B |
| FY 2024 | 2024-12-31 | $4.1B |
| FY 2025 | 2025-12-31 | $4.4B |
ZOOM
FY 2009
FY 2025
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Growth
21
Quality
69
Safety
18
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| FY 2021 | 2021-12-31 | not scored | not scored | not scored |
| FY 2022 | 2022-12-31 | not scored | not scored | not scored |
| FY 2023 | 2023-12-31 | 14 | 50 | 27 |
| FY 2024 | 2024-12-31 | 43 | 63 | 20 |
| FY 2025 | 2025-12-31 | 21 | 69 | 18 |