Norfolk Southern (NYSE: NSC) revenue
Norfolk Southern reported revenue of $12,180m for fiscal 2025, 0.5% more than in fiscal 2024 ($12,123m). Since fiscal 2016 its revenue has grown by 23.2%, an average growth of 2.3% a year.
Revenue by fiscal year
| Fiscal year | Revenue | Change | Operating profit | Operating margin |
|---|---|---|---|---|
| 2025 | $12,180m | +0.5% | $4,356m | 35.8% |
| 2024 | $12,123m | −0.3% | $4,071m | 33.6% |
| 2023 | $12,156m | −4.6% | $2,851m | 23.5% |
| 2022 | $12,745m | +14.4% | $4,809m | 37.7% |
| 2021 | $11,142m | +13.8% | $4,447m | 39.9% |
| 2020 | $9,789m | −13.3% | $3,002m | 30.7% |
| 2019 | $11,296m | −1.4% | $3,989m | 35.3% |
| 2018 | $11,458m | +8.6% | $3,959m | 34.6% |
| 2017 | $10,551m | +6.7% | $3,522m | 33.4% |
| 2016 | $9,888m | — | $3,009m | 30.4% |
The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the revenue of Norfolk Southern
- How much revenue did Norfolk Southern make in fiscal 2025?
- Norfolk Southern reported revenue of $12,180m for fiscal 2025, compared with $12,123m in fiscal 2024.
- How much has the revenue of Norfolk Southern grown?
- Between fiscal 2016 and fiscal 2025 it went from $9,888m to $12,180m: 23.2% more, an average growth of 2.3% a year.
- What was the best year for revenue at Norfolk Southern?
- Of its last 10 fiscal years, fiscal 2022, with $12,745m.
- 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 · net income · 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.