NORFOLK SOUTHERN CORP

NSC Industrials · Transportation

Latest period 2026-06-30 · 38 filings on record

Quarterly TTM Annual

8Q 3Y 5Y 10Y MAX

TTM 24-09 → TTM 26-06 8 TTM POINTS

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

▼−30 over range · as of 2026-06-30

Revenue +11.4% YoY, earnings -4.4% YoY · sector avg 71

Quality 58th pct

▼−3 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

▼−3 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% CHARTED

Filings

TTM 24-09 → TTM 26-06 · following the period bar 11 match

ALL 10-K 10-Q Q1 Q2 Q3 FY SORT NEWEST ↓

Filings by fiscal year and period
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	no filing	no filing	no filing	10-K FY 2023

10-Q Q2 2026 2026-07-23 Pro → 10-Q Q1 2026 2026-04-24 Pro → 10-K FY 2025 2026-02-09 Pro → 10-Q Q3 2025 2025-10-23 Pro → 10-Q Q2 2025 2025-07-29 Pro → 10-Q Q1 2025 2025-04-23 Pro →

All 11 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 →

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

Latest$12.5B vs prior TTM+2.9% Periods8

Revenue by period
Period	Period end	Revenue
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

Latest$2.6B vs prior TTM−1.3% Periods8

Net income by period
Period	Period end	Net income
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

Latest$4.0B vs prior TTM−1.2% Periods8

Operating income by period
Period	Period end	Operating income
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

EBITDA

Latest$5.4B vs prior TTM−0.7% Periods8

EBITDA by period
Period	Period end	EBITDA
TTM 24-09	2024-09-30	$5.1B
TTM 24-12	2024-12-31	$5.4B
TTM 25-03	2025-03-31	$6.4B
TTM 25-06	2025-06-30	$6.4B
TTM 25-09	2025-09-30	$5.9B
TTM 25-12	2025-12-31	$5.7B
TTM 26-03	2026-03-31	$5.5B
TTM 26-06	2026-06-30	$5.4B

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

Grade history by period
Period	Period end	Growth	Quality	Safety
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