Norfolk Southern (NYSE: NSC) net income
Norfolk Southern reported a net profit of $2,873m for fiscal 2025, 9.6% more than in fiscal 2024 ($2,622m). Its net margin was 23.6%. Earnings per share were $12.76.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $2,873m | +9.6% | 23.6% | $12.76 |
| 2024 | $2,622m | +43.5% | 21.6% | $11.58 |
| 2023 | $1,827m | −44.1% | 15.0% | $8.04 |
| 2022 | $3,270m | +8.8% | 25.7% | $13.92 |
| 2021 | $3,005m | +49.3% | 27.0% | $12.16 |
| 2020 | $2,013m | −26.0% | 20.6% | $7.88 |
| 2019 | $2,722m | +2.1% | 24.1% | $10.32 |
| 2018 | $2,666m | −50.7% | 23.3% | $9.58 |
| 2017 | $5,404m | +224.0% | 51.2% | $18.76 |
| 2016 | $1,668m | — | 16.9% | $5.66 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Norfolk Southern
- How much did Norfolk Southern earn in fiscal 2025?
- Norfolk Southern reported a net profit of $2,873m for fiscal 2025. In fiscal 2024 it reported a net profit of $2,622m.
- What are the earnings per share of Norfolk Southern?
- They were $12.76 in fiscal 2025, compared with $11.58 in fiscal 2024.
- What is the net margin of Norfolk Southern?
- In fiscal 2025 its net profit was 23.6% of its revenue.
- What was the most profitable year for Norfolk Southern?
- Of its last 10 fiscal years, fiscal 2017, with $5,404m.
- Where do the figures for Norfolk Southern come from?
- From the annual report (Form 10-K) that Norfolk Southern files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Norfolk Southern files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Norfolk Southern: the Norfolk Southern page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Norfolk Southern by fiscal year, with the filing behind every figure: Norfolk Southern dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.