State Ledger
Company profile

NORFOLK SOUTHERN CORP CIK 702165

Ticker
NSC (NYSE)
Industry
Railroads, Line-Haul Operating
Headquarters
Atlanta, GA 30308
Fiscal year end
2025 (FY)
Market Data
Close
$319.42
Change
+$1.78
Change %
0.56%
Volume
12,663

NSC · trading date Oct 12, 2026 · previous close $317.64 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$12.18B
Net income
$2.87B
Total assets
$45.24B
Total liabilities
$29.69B
Stockholders' equity
$15.55B
Cash & equivalents
$1.53B
Operating income
$4.36B
Operating cash flow
$4.36B
Capital expenditures
$2.20B

Fiscal year 2025, via 10-K filed 2026-02-09. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
35.8%
Net margin
23.6%
Free cash flow
$2.16B
Free cash flow margin
17.7%
Liabilities / assets
65.6%
Equity / assets
34.4%
CapEx / revenue
18.1%
Operating cash flow / net income
1.52×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $12.18B $2.87B $45.24B $29.69B $15.55B
2024 $12.12B $2.62B $43.68B $29.38B $14.31B
2023 $12.16B $1.83B $41.65B $28.87B $12.78B
2022 $12.75B $3.27B $38.89B $26.15B $12.73B
2021 $11.14B $3.01B $38.49B $24.85B $13.64B
Company Details
SIC code
4011
State of incorporation
VA
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-15
Financials filed via
Form 10-K
filed 2026-02-09

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Atlanta, GA 30308
650 W PEACHTREE STREET NW
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:27 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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