# Norfolk Southern Corporation (NSC)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $69.96B  
**Price:** $310.53 (+0.52%)

> Norfolk Southern Corporation is a railroad and transportation company that provides freight rail services across the Eastern United States. Norfolk Southern Corporation moves a broad mix of commodities and products, including intermodal shipments, automotive goods, agricultural products, metals, chemicals, forest products, coal, and industrial materials. The company also supports logistics through rail-linked services such as access to terminals, property management, and selected transportation-related infrastructure activities. Its network connects major markets, ports, and manufacturing centers, making it an important carrier for supply chains that depend on efficient long-haul freight movement. Norfolk Southern Corporation serves industries that require large-scale, time-sensitive, and high-capacity transport solutions, and it plays a central role in the movement of raw materials, intermediate goods, and finished products throughout its operating region.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $12.18B | — | $4.36B | $2.87B | $12.75 |
| 2024 | $12.12B | — | $4.07B | $2.62B | $11.57 |
| 2023 | $12.16B | — | $2.85B | $1.83B | $8.02 |
| 2022 | $12.74B | — | $4.81B | $3.27B | $13.88 |
| 2021 | $11.14B | — | $4.45B | $3.00B | $12.11 |
| 2020 | $9.79B | — | $3.00B | $2.01B | $7.84 |
| 2019 | $11.30B | — | $3.99B | $2.72B | $10.25 |
| 2018 | $11.46B | — | $3.96B | $2.67B | $9.51 |
| 2017 | $10.55B | — | $3.52B | $5.40B | $18.61 |
| 2016 | $9.89B | — | $3.01B | — | $5.62 |
| 2015 | $10.51B | — | $2.88B | — | $5.10 |
| 2014 | $11.62B | — | $3.58B | — | $6.39 |
| 2013 | $11.24B | — | $3.26B | — | $6.04 |
| 2012 | $11.04B | — | $3.12B | — | $5.37 |
| 2011 | $11.17B | — | $3.21B | — | $5.45 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $45.24B | $29.69B | $15.55B | $1.53B | — |
| 2024 | $43.68B | $29.38B | $14.31B | $1.64B | — |
| 2023 | $41.65B | $28.87B | $12.78B | $1.57B | — |
| 2022 | $38.88B | $26.15B | $12.73B | $456M | — |
| 2021 | $38.49B | $24.85B | $13.64B | $839M | — |
| 2020 | $37.96B | $23.17B | $14.79B | $1.11B | — |
| 2019 | $37.92B | $22.74B | $15.18B | $580M | — |
| 2018 | $36.24B | $20.88B | $15.36B | $358M | — |
| 2017 | $35.71B | $19.35B | $16.36B | $690M | $9.74B |
| 2016 | $34.89B | $22.48B | $12.41B | $956M | $10.11B |
| 2015 | $34.14B | $21.95B | $12.19B | $1.10B | $9.89B |
| 2014 | $33.20B | $20.79B | $12.41B | $973M | $8.88B |
| 2013 | $32.48B | $21.19B | $11.29B | $1.44B | $9.35B |
| 2012 | $30.34B | $20.58B | $9.76B | $653M | $8.48B |
| 2011 | $28.54B | $18.63B | $9.91B | $276M | $7.44B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $4.36B | $2.20B | $2.16B |
| 2024 | $4.05B | $2.38B | $1.67B |
| 2023 | $3.18B | $2.33B | $852M |
| 2022 | $4.22B | $1.95B | $2.27B |
| 2021 | $4.25B | $1.47B | $2.79B |
| 2020 | $3.64B | $1.49B | $2.14B |
| 2019 | $3.89B | $2.02B | $1.87B |
| 2018 | $3.73B | $1.95B | $1.77B |
| 2017 | $3.25B | $1.72B | $1.53B |
| 2016 | $3.03B | $1.89B | $1.15B |
| 2014 | $2.85B | $2.12B | $734M |
| 2013 | $3.08B | $1.97B | $1.11B |
| 2012 | $3.06B | $2.24B | $824M |
| 2011 | $3.23B | $2.16B | $1.07B |
| 2010 | $2.71B | $1.47B | $1.24B |

Source: [CompaniesByCap](https://companiesbycap.com/company/NSC)