NS
NORFOLK SOUTHERN CORP
NSC Industrials · Transportation
Latest period 2026-06-30 · 38 filings on record
SHOWING
Trailing twelve months — each point sums the four quarters ending there.
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
37th pct
▲+26 over range · as of 2026-06-30
Revenue +11.4% YoY, earnings -4.4% YoY · sector avg 71
Quality
58th pct
▲+2 over range · as of 2026-06-30
21.2% net margin, 16% return on equity, 13% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 49
Safety
17th pct
▼−4 over range · as of 2026-06-30
Net debt 2.9x EBITDA, 6x interest coverage, 0.8x current ratio · sector avg 68
OVERVIEWvs prior TTM Δ
Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $12.5B +2.9% Gross margin — — Operating margin 32.2% −1.4pp Net margin 21.0% −0.9pp Net income $2.6B −1.3%
Debt / equity
1.02
−5.5%
EPS (diluted)
—
—
EBITDA
$5.4B
−0.7%
Filings
Full history 38 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 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 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 38 filings
10-K FY 2024 2025-02-10 Pro → 10-Q Q3 2024 2024-10-22 Pro → 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 → 10-K FY 2020 2021-02-04 Pro → 10-Q Q3 2020 2020-10-28 Pro → 10-Q Q2 2020 2020-07-29 Pro → 10-Q Q1 2020 2020-04-29 Pro → 10-K FY 2019 2020-02-06 Pro → 10-Q Q3 2019 2019-10-23 Pro → 10-K FY 2018 2019-02-08 Pro → 10-K FY 2017 2018-02-05 Pro → 10-K FY 2016 2017-02-06 Pro → 10-K FY 2015 2016-02-08 Pro → 10-K FY 2014 2015-02-11 Pro → 10-K FY 2013 2014-02-14 Pro → 10-K FY 2012 2013-02-15 Pro → 10-K FY 2011 2012-02-15 Pro → 10-K FY 2010 2011-02-17 Pro → 10-K FY 2009 2010-02-17 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
Trailing twelve months, rolling one quarter at a time
Revenue
| Period | Period end | Revenue |
|---|---|---|
| TTM 09-12 | 2009-12-31 | $8.0B |
| TTM 10-03 | 2010-03-31 | $8.3B |
| TTM 10-06 | 2010-06-30 | $8.8B |
| TTM 10-09 | 2010-09-30 | $9.2B |
| TTM 10-12 | 2010-12-31 | $9.5B |
| TTM 11-03 | 2011-03-31 | $9.9B |
| TTM 11-06 | 2011-06-30 | $10.3B |
| TTM 11-09 | 2011-09-30 | $10.8B |
| TTM 11-12 | 2011-12-31 | $11.2B |
| TTM 12-03 | 2012-03-31 | $11.3B |
| TTM 12-06 | 2012-06-30 | $11.3B |
| TTM 12-09 | 2012-09-30 | $11.2B |
| TTM 12-12 | 2012-12-31 | $11.0B |
| TTM 13-03 | 2013-03-31 | $11.0B |
| TTM 13-06 | 2013-06-30 | $10.9B |
| TTM 13-09 | 2013-09-30 | $11.0B |
| TTM 13-12 | 2013-12-31 | $11.2B |
| TTM 14-03 | 2014-03-31 | $11.2B |
| TTM 14-06 | 2014-06-30 | $11.4B |
| TTM 14-09 | 2014-09-30 | $11.6B |
| TTM 14-12 | 2014-12-31 | $11.6B |
| TTM 15-03 | 2015-03-31 | $11.5B |
| TTM 15-06 | 2015-06-30 | $11.2B |
| TTM 15-09 | 2015-09-30 | $10.9B |
| TTM 15-12 | 2015-12-31 | $10.5B |
| TTM 16-03 | 2016-03-31 | $10.4B |
| TTM 16-06 | 2016-06-30 | $10.1B |
| TTM 16-09 | 2016-09-30 | $9.9B |
| TTM 16-12 | 2016-12-31 | $9.9B |
| TTM 17-03 | 2017-03-31 | $10.0B |
| TTM 17-06 | 2017-06-30 | $10.2B |
| TTM 17-09 | 2017-09-30 | $10.4B |
| TTM 17-12 | 2017-12-31 | $10.6B |
| TTM 18-03 | 2018-03-31 | $10.7B |
| TTM 18-06 | 2018-06-30 | $11.0B |
| TTM 18-09 | 2018-09-30 | $11.2B |
| TTM 18-12 | 2018-12-31 | $11.5B |
| TTM 19-03 | 2019-03-31 | $11.6B |
| TTM 19-06 | 2019-06-30 | $11.6B |
| TTM 19-09 | 2019-09-30 | $11.5B |
| TTM 19-12 | 2019-12-31 | $11.3B |
| TTM 20-03 | 2020-03-31 | $11.1B |
| TTM 20-06 | 2020-06-30 | $10.2B |
| TTM 20-09 | 2020-09-30 | $9.9B |
| TTM 20-12 | 2020-12-31 | $9.8B |
| TTM 21-03 | 2021-03-31 | $9.8B |
| TTM 21-06 | 2021-06-30 | $10.5B |
| TTM 21-09 | 2021-09-30 | $10.9B |
| TTM 21-12 | 2021-12-31 | $11.1B |
| TTM 22-03 | 2022-03-31 | $11.4B |
| TTM 22-06 | 2022-06-30 | $11.9B |
| TTM 22-09 | 2022-09-30 | $12.4B |
| TTM 22-12 | 2022-12-31 | $12.7B |
| TTM 23-03 | 2023-03-31 | $13.0B |
| TTM 23-06 | 2023-06-30 | $12.7B |
| TTM 23-09 | 2023-09-30 | $12.3B |
| TTM 23-12 | 2023-12-31 | $12.2B |
| TTM 24-03 | 2024-03-31 | $12.0B |
| TTM 24-06 | 2024-06-30 | $12.1B |
| TTM 24-09 | 2024-09-30 | $12.2B |
| TTM 24-12 | 2024-12-31 | $12.1B |
| TTM 25-03 | 2025-03-31 | $12.1B |
| TTM 25-06 | 2025-06-30 | $12.2B |
| TTM 25-09 | 2025-09-30 | $12.2B |
| TTM 25-12 | 2025-12-31 | $12.2B |
| TTM 26-03 | 2026-03-31 | $12.2B |
| TTM 26-06 | 2026-06-30 | $12.5B |
Net income
| Period | Period end | Net income |
|---|---|---|
| TTM 09-12 | 2009-12-31 | $1.0B |
| TTM 10-03 | 2010-03-31 | $1.1B |
| TTM 10-06 | 2010-06-30 | $1.3B |
| TTM 10-09 | 2010-09-30 | $1.4B |
| TTM 10-12 | 2010-12-31 | $1.5B |
| TTM 11-03 | 2011-03-31 | $1.6B |
| TTM 11-06 | 2011-06-30 | $1.7B |
| TTM 11-09 | 2011-09-30 | $1.8B |
| TTM 11-12 | 2011-12-31 | $1.9B |
| TTM 12-03 | 2012-03-31 | $2.0B |
| TTM 12-06 | 2012-06-30 | $2.0B |
| TTM 12-09 | 2012-09-30 | $1.8B |
| TTM 12-12 | 2012-12-31 | $1.7B |
| TTM 13-03 | 2013-03-31 | $1.8B |
| TTM 13-06 | 2013-06-30 | $1.7B |
| TTM 13-09 | 2013-09-30 | $1.8B |
| TTM 13-12 | 2013-12-31 | $1.9B |
| TTM 14-03 | 2014-03-31 | $1.8B |
| TTM 14-06 | 2014-06-30 | $1.9B |
| TTM 14-09 | 2014-09-30 | $2.0B |
| TTM 14-12 | 2014-12-31 | $2.0B |
| TTM 15-03 | 2015-03-31 | $1.9B |
| TTM 15-06 | 2015-06-30 | $1.8B |
| TTM 15-09 | 2015-09-30 | $1.7B |
| TTM 15-12 | 2015-12-31 | $1.6B |
| TTM 16-03 | 2016-03-31 | $1.6B |
| TTM 16-06 | 2016-06-30 | $1.6B |
| TTM 16-09 | 2016-09-30 | $1.6B |
| TTM 16-12 | 2016-12-31 | $1.7B |
| TTM 17-03 | 2017-03-31 | $1.7B |
| TTM 17-06 | 2017-06-30 | $1.8B |
| TTM 17-09 | 2017-09-30 | $1.9B |
| TTM 17-12 | 2017-12-31 | $5.4B |
| TTM 18-03 | 2018-03-31 | $5.5B |
| TTM 18-06 | 2018-06-30 | $5.7B |
| TTM 18-09 | 2018-09-30 | $5.9B |
| TTM 18-12 | 2018-12-31 | $2.7B |
| TTM 19-03 | 2019-03-31 | $2.8B |
| TTM 19-06 | 2019-06-30 | $2.8B |
| TTM 19-09 | 2019-09-30 | $2.8B |
| TTM 19-12 | 2019-12-31 | $2.7B |
| TTM 20-03 | 2020-03-31 | $2.4B |
| TTM 20-06 | 2020-06-30 | $2.1B |
| TTM 20-09 | 2020-09-30 | $2.0B |
| TTM 20-12 | 2020-12-31 | $2.0B |
| TTM 21-03 | 2021-03-31 | $2.3B |
| TTM 21-06 | 2021-06-30 | $2.7B |
| TTM 21-09 | 2021-09-30 | $2.9B |
| TTM 21-12 | 2021-12-31 | $3.0B |
| TTM 22-03 | 2022-03-31 | $3.0B |
| TTM 22-06 | 2022-06-30 | $3.0B |
| TTM 22-09 | 2022-09-30 | $3.2B |
| TTM 22-12 | 2022-12-31 | $3.3B |
| TTM 23-03 | 2023-03-31 | $3.0B |
| TTM 23-06 | 2023-06-30 | $2.6B |
| TTM 23-09 | 2023-09-30 | $2.1B |
| TTM 23-12 | 2023-12-31 | $1.8B |
| TTM 24-03 | 2024-03-31 | $1.4B |
| TTM 24-06 | 2024-06-30 | $1.8B |
| TTM 24-09 | 2024-09-30 | $2.4B |
| TTM 24-12 | 2024-12-31 | $2.6B |
| TTM 25-03 | 2025-03-31 | $3.3B |
| TTM 25-06 | 2025-06-30 | $3.4B |
| TTM 25-09 | 2025-09-30 | $3.0B |
| TTM 25-12 | 2025-12-31 | $2.9B |
| TTM 26-03 | 2026-03-31 | $2.7B |
| TTM 26-06 | 2026-06-30 | $2.6B |
Operating income
| Period | Period end | Operating income |
|---|---|---|
| TTM 09-12 | 2009-12-31 | $2.0B |
| TTM 10-03 | 2010-03-31 | $2.1B |
| TTM 10-06 | 2010-06-30 | $2.4B |
| TTM 10-09 | 2010-09-30 | $2.6B |
| TTM 10-12 | 2010-12-31 | $2.7B |
| TTM 11-03 | 2011-03-31 | $2.7B |
| TTM 11-06 | 2011-06-30 | $2.9B |
| TTM 11-09 | 2011-09-30 | $3.1B |
| TTM 11-12 | 2011-12-31 | $3.2B |
| TTM 12-03 | 2012-03-31 | $3.4B |
| TTM 12-06 | 2012-06-30 | $3.4B |
| TTM 12-09 | 2012-09-30 | $3.2B |
| TTM 12-12 | 2012-12-31 | $3.1B |
| TTM 13-03 | 2013-03-31 | $3.1B |
| TTM 13-06 | 2013-06-30 | $3.0B |
| TTM 13-09 | 2013-09-30 | $3.1B |
| TTM 13-12 | 2013-12-31 | $3.3B |
| TTM 14-03 | 2014-03-31 | $3.2B |
| TTM 14-06 | 2014-06-30 | $3.4B |
| TTM 14-09 | 2014-09-30 | $3.6B |
| TTM 14-12 | 2014-12-31 | $3.6B |
| TTM 15-03 | 2015-03-31 | $3.5B |
| TTM 15-06 | 2015-06-30 | $3.3B |
| TTM 15-09 | 2015-09-30 | $3.1B |
| TTM 15-12 | 2015-12-31 | $2.9B |
| TTM 16-03 | 2016-03-31 | $3.0B |
| TTM 16-06 | 2016-06-30 | $3.0B |
| TTM 16-09 | 2016-09-30 | $3.0B |
| TTM 16-12 | 2016-12-31 | $3.1B |
| TTM 17-03 | 2017-03-31 | $3.1B |
| TTM 17-06 | 2017-06-30 | $3.2B |
| TTM 17-09 | 2017-09-30 | $3.3B |
| TTM 17-12 | 2017-12-31 | $3.5B |
| TTM 18-03 | 2018-03-31 | $3.6B |
| TTM 18-06 | 2018-06-30 | $3.8B |
| TTM 18-09 | 2018-09-30 | $3.9B |
| TTM 18-12 | 2018-12-31 | $4.0B |
| TTM 19-03 | 2019-03-31 | $4.1B |
| TTM 19-06 | 2019-06-30 | $4.1B |
| TTM 19-09 | 2019-09-30 | $4.1B |
| TTM 19-12 | 2019-12-31 | $4.0B |
| TTM 20-03 | 2020-03-31 | $3.6B |
| TTM 20-06 | 2020-06-30 | $3.1B |
| TTM 20-09 | 2020-09-30 | $3.0B |
| TTM 20-12 | 2020-12-31 | $3.0B |
| TTM 21-03 | 2021-03-31 | $3.4B |
| TTM 21-06 | 2021-06-30 | $4.0B |
| TTM 21-09 | 2021-09-30 | $4.3B |
| TTM 21-12 | 2021-12-31 | $4.4B |
| TTM 22-03 | 2022-03-31 | $4.5B |
| TTM 22-06 | 2022-06-30 | $4.6B |
| TTM 22-09 | 2022-09-30 | $4.8B |
| TTM 22-12 | 2022-12-31 | $4.8B |
| TTM 23-03 | 2023-03-31 | $4.4B |
| TTM 23-06 | 2023-06-30 | $3.7B |
| TTM 23-09 | 2023-09-30 | $3.2B |
| TTM 23-12 | 2023-12-31 | $2.9B |
| TTM 24-03 | 2024-03-31 | $2.4B |
| TTM 24-06 | 2024-06-30 | $2.9B |
| TTM 24-09 | 2024-09-30 | $3.7B |
| TTM 24-12 | 2024-12-31 | $4.1B |
| TTM 25-03 | 2025-03-31 | $5.0B |
| TTM 25-06 | 2025-06-30 | $5.0B |
| TTM 25-09 | 2025-09-30 | $4.5B |
| TTM 25-12 | 2025-12-31 | $4.4B |
| TTM 26-03 | 2026-03-31 | $4.1B |
| TTM 26-06 | 2026-06-30 | $4.0B |
ZOOM
TTM 09-12
TTM 26-06
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
37
Quality
58
Safety
17
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| TTM 09-12 | 2009-12-31 | not scored | not scored | not scored |
| TTM 10-03 | 2010-03-31 | not scored | not scored | not scored |
| TTM 10-06 | 2010-06-30 | not scored | not scored | not scored |
| TTM 10-09 | 2010-09-30 | not scored | not scored | not scored |
| TTM 10-12 | 2010-12-31 | not scored | not scored | not scored |
| TTM 11-03 | 2011-03-31 | not scored | not scored | not scored |
| TTM 11-06 | 2011-06-30 | not scored | not scored | not scored |
| TTM 11-09 | 2011-09-30 | not scored | not scored | not scored |
| TTM 11-12 | 2011-12-31 | not scored | not scored | not scored |
| TTM 12-03 | 2012-03-31 | not scored | not scored | not scored |
| TTM 12-06 | 2012-06-30 | not scored | not scored | not scored |
| TTM 12-09 | 2012-09-30 | not scored | not scored | not scored |
| TTM 12-12 | 2012-12-31 | not scored | not scored | not scored |
| TTM 13-03 | 2013-03-31 | not scored | not scored | not scored |
| TTM 13-06 | 2013-06-30 | not scored | not scored | not scored |
| TTM 13-09 | 2013-09-30 | not scored | not scored | not scored |
| TTM 13-12 | 2013-12-31 | not scored | not scored | not scored |
| TTM 14-03 | 2014-03-31 | not scored | not scored | not scored |
| TTM 14-06 | 2014-06-30 | not scored | not scored | not scored |
| TTM 14-09 | 2014-09-30 | not scored | not scored | not scored |
| TTM 14-12 | 2014-12-31 | not scored | not scored | not scored |
| TTM 15-03 | 2015-03-31 | not scored | not scored | not scored |
| TTM 15-06 | 2015-06-30 | not scored | not scored | not scored |
| TTM 15-09 | 2015-09-30 | not scored | not scored | not scored |
| TTM 15-12 | 2015-12-31 | not scored | not scored | not scored |
| TTM 16-03 | 2016-03-31 | not scored | not scored | not scored |
| TTM 16-06 | 2016-06-30 | not scored | not scored | not scored |
| TTM 16-09 | 2016-09-30 | not scored | not scored | not scored |
| TTM 16-12 | 2016-12-31 | not scored | not scored | not scored |
| TTM 17-03 | 2017-03-31 | not scored | not scored | not scored |
| TTM 17-06 | 2017-06-30 | not scored | not scored | not scored |
| TTM 17-09 | 2017-09-30 | not scored | not scored | not scored |
| TTM 17-12 | 2017-12-31 | not scored | not scored | not scored |
| TTM 18-03 | 2018-03-31 | not scored | not scored | not scored |
| TTM 18-06 | 2018-06-30 | not scored | not scored | not scored |
| TTM 18-09 | 2018-09-30 | not scored | not scored | not scored |
| TTM 18-12 | 2018-12-31 | not scored | not scored | not scored |
| TTM 19-03 | 2019-03-31 | not scored | not scored | not scored |
| TTM 19-06 | 2019-06-30 | not scored | not scored | not scored |
| TTM 19-09 | 2019-09-30 | not scored | not scored | not scored |
| TTM 19-12 | 2019-12-31 | not scored | not scored | not scored |
| TTM 20-03 | 2020-03-31 | not scored | not scored | not scored |
| TTM 20-06 | 2020-06-30 | not scored | not scored | not scored |
| TTM 20-09 | 2020-09-30 | not scored | not scored | not scored |
| TTM 20-12 | 2020-12-31 | not scored | not scored | not scored |
| TTM 21-03 | 2021-03-31 | not scored | not scored | not scored |
| TTM 21-06 | 2021-06-30 | not scored | not scored | not scored |
| TTM 21-09 | 2021-09-30 | not scored | not scored | not scored |
| TTM 21-12 | 2021-12-31 | not scored | not scored | not scored |
| TTM 22-03 | 2022-03-31 | not scored | not scored | not scored |
| TTM 22-06 | 2022-06-30 | not scored | not scored | not scored |
| TTM 22-09 | 2022-09-30 | not scored | not scored | not scored |
| TTM 22-12 | 2022-12-31 | not scored | not scored | not scored |
| TTM 23-03 | 2023-03-31 | not scored | not scored | not scored |
| TTM 23-06 | 2023-06-30 | not scored | not scored | not scored |
| TTM 23-09 | 2023-09-30 | 11 | 56 | 21 |
| TTM 23-12 | 2023-12-31 | 14 | 50 | 27 |
| TTM 24-03 | 2024-03-31 | 10 | 28 | 7 |
| TTM 24-06 | 2024-06-30 | 66 | 51 | 12 |
| TTM 24-09 | 2024-09-30 | 67 | 61 | 20 |
| TTM 24-12 | 2024-12-31 | 43 | 63 | 20 |
| TTM 25-03 | 2025-03-31 | 65 | 68 | 22 |
| TTM 25-06 | 2025-06-30 | 39 | 71 | 19 |
| TTM 25-09 | 2025-09-30 | 18 | 69 | 17 |
| TTM 25-12 | 2025-12-31 | 21 | 69 | 18 |
| TTM 26-03 | 2026-03-31 | 10 | 60 | 16 |
| TTM 26-06 | 2026-06-30 | 37 | 58 | 17 |