NORFOLK SOUTHERN CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 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