The Inventing Press

NORFOLK SOUTHERN CORP

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$12.2B$12.1B$12.2B$12.7B$11.1B
Operating income$4.4B$4.1B$2.9B$4.8B$4.4B
Interest expense$792.0M$807.0M$722.0M$692.0M$646.0M
Pretax income$3.7B$3.3B$2.3B$4.1B$3.9B
Income tax expense$792.0M$707.0M$493.0M$860.0M$873.0M
Net income$2.9B$2.6B$1.8B$3.3B$3.0B
Balance Sheet
Cash and equivalents$1.5B$1.6B$1.6B$456.0M$839.0M
Current assets$3.2B$3.2B$3.3B$2.0B$2.2B
Total assets$45.2B$43.7B$41.7B$38.9B$38.5B
Current liabilities$3.8B$3.5B$2.6B$2.6B$2.5B
Total liabilities$29.7B$29.4B$28.9B$26.2B$24.9B
Total debt$17.1B$17.2B$17.2B$15.2B$13.8B
Stockholders' equity$15.5B$14.3B$12.8B$12.7B$13.6B
Cash Flow Statement
Cash from operations$4.4B$4.1B$3.2B$4.2B$4.3B
Depreciation and amortization$1.4B$1.4B$1.3B$1.2B$1.2B
Stock-based compensation$63.0M$40.0M$40.0M$53.0M$54.0M
Capital expenditure$2.2B$2.4B$2.3B$1.9B$1.5B
Free cash flow$2.2B$1.7B$852.0M$2.3B$2.8B
Dividends paid$1.2B$1.2B$1.2B$1.2B$1.0B
Share repurchases$534.0M$0$622.0M$3.1B$3.4B

Shares outstanding 224.6M · Free float 100.0%

Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.

Recent filings

  • June 1, 2026 8-K
  • May 8, 2026 8-K
  • April 24, 2026 10-Q
  • April 24, 2026 8-K
  • April 2, 2026 8-K
  • February 9, 2026 10-K
  • January 29, 2026 8-K
  • December 19, 2025 8-K

Earnings