Norfolk Southern Corporation logo NSC - Norfolk Southern Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 21
HOLD 24
SELL 3
STRONG
SELL 0
| PRICE TARGET: $329.86 DETAILS
HIGH: $360.00
LOW: $297.00
MEDIAN: $327.00
CONSENSUS: $329.86
UPSIDE: 4.87%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 12,180 12,123 12,156 12,745 11,142 9,789 11,296 11,458 10,551 9,888 10,511 11,624 11,245 11,040 11,172 9,516 7,969 10,661 9,432 9,407 8,527 7,312 6,468 6,270 6,170 6,159 5,195 4,221 4,223 4,770 4,668 4,581.3 4,460.1
Cost of Revenue 7,012 8,359 9,348 8,012 6,777 6,392 7,403 7,499 7,029 6,818 7,632 8,054 7,994 7,922 7,966 6,847 6,007 7,577 6,858 6,850 5,932 5,239 2,826 2,382 2,420 2,543 1,931 269 350 1,108.2 1,056.5 1,099.9 1,684.6
Gross Profit 5,168 3,764 2,808 4,733 4,365 3,397 3,893 3,959 3,522 3,070 2,879 3,570 3,251 3,118 3,206 2,669 1,962 3,084 2,574 2,557 2,595 2,073 3,642 3,888 3,750 3,616 3,264 3,952 3,873 3,661.8 3,611.5 3,481.4 2,775.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 753 (120) (117) (126) (102) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,056 2,364 2,300 2,518 2,131 1,682 1,651 1,645.5 1,722.8 1,641.3 1,509.6
Other Expenses 407 120 117 126 102 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 437 371 638 708 729 749 691 1,408 1,178 1,414 1,348.6 1,368.6 405.5
Operating Expenses 1,160 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 437 371 3,694 3,072 3,029 3,267 2,822 3,090 2,829 3,059.5 3,071.4 3,009.9 1,915.1
Operating Income
Operating Income 4,008 3,764 2,808 4,733 4,365 3,397 3,893 3,959 3,522 3,070 2,879 3,570 3,251 3,118 3,206 2,669 1,962 3,084 2,574 2,557 2,158 1,702 1,064 1,158 1,007 633 718 1,052 1,213 1,197 1,086.3 1,065.4 860.4
Interest Expense 792 807 722 692 646 625 604 557 550 569 545 557 537 504 455 462 467 444 441 0 497 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 10 8 9 8 8 9 12 0 0 45 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 5,850 5,489 4,340 6,043 5,705 4,309 5,233 5,128 4,733 4,212 4,090 4,647 4,424 4,175 4,242 3,671 2,939 4,009 3,491 3,473 2,984 2,417 1,064 1,158 406 866 931 1,312 1,722 1,552.8 1,443.5 1,431.2 1,129.1
EBIT 4,457 4,136 3,042 4,822 4,524 3,155 4,095 4,026 3,678 3,151 2,991 3,691 3,502 3,253 3,373 2,845 2,094 3,194 2,705 2,723 2,197 1,808 (52) (201) (121) 349 442 862 1,290 1,555.1 1,062 471.5 860.4
Income Before Tax 3,665 3,329 2,320 4,130 3,878 2,530 3,491 3,469 3,128 2,582 2,442 3,134 2,965 2,758 2,918 2,367 1,622 2,750 2,237 2,230 1,697 1,302 586 706 553 250 351 845 998 1,196.9 1,114.7 1,049 898.6
Income Tax Expense 792 707 493 860 873 517 769 803 (2,276) 914 886 1,134 1,055 1,009 1,002 871 588 1,034 773 749 416 379 175 246 191 78 112 215 299 426.5 402 381.2 349.9
Net Income 2,873 2,622 1,827 3,270 3,005 2,013 2,722 2,666 5,404 1,668 1,556 2,000 1,910 1,749 1,916 1,496 1,034 1,716 1,464 1,481 1,281 923 535 460 375 172 239 734 721 770.4 712.7 667.8 772
Per Share Data
EPS (Basic) 12.75 11.58 8.04 13.92 12.16 7.88 10.32 9.94 18.76 5.66 5.13 6.44 6.10 5.42 5.52 4.06 2.79 4.60 3.74 3.63 3.17 2.34 1.37 1.18 0.97 0.45 0.63 1.94 1.91 2.03 1.81 1.63 1.85
EPS (Diluted) 12.75 11.57 8.02 13.88 12.11 7.84 10.25 9.51 18.61 5.62 5.10 6.39 6.04 5.37 5.45 4.00 2.76 4.52 3.68 3.57 3.11 2.31 1.37 1.18 0.97 0.45 0.63 1.93 1.90 2.01 1.80 1.63 1.83
Shares Outstanding 224.8 226.1 226.9 234.8 246.9 255.1 263.3 268.1 287.9 293.9 301.9 309.4 311.9 320.9 345.5 366.5 367.1 372.3 389.6 408.0 404.1 394.4 390.5 389.8 386.6 382.2 379.4 378.4 377.5 379.3 393.9 408.9 417.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 1,530 1,641 1,568 456 839 1,115 580 358 690 956 996 618 579 284 184 204 0 37 5 34 209.2 67.7 57 80.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 90 0 90 0 0 0 2 14 58 125 194.2 261.3 249.7 0
Net Receivables 988 1,069 1,147 1,148 976 848 920 1,009 955 945 766 870 767 695 683 475 411 857 519 552 558 703.5 726.6 907.6
Inventory 0 277 264 253 218 221 244 207 222 257 164 194 104 92 97 90 91 100 59 58 63 61.7 61.9 70.3
Other Current Assets 680 201 292 150 134 134 337 288 282 133 230 317 379 446 432 278 345 363 272 334 336 509.9 242.3 505.1
Total Current Assets 3,198 3,188 3,271 2,007 2,167 2,318 2,081 1,862 2,149 2,291 2,246 1,999 1,967 1,425 1,299 1,047 849 1,371 913 1,103 1,456.8 1,342.8 1,337.5 1,563.5
Non-Current Assets
Property, Plant & Equipment 0 35,831 33,326 32,156 31,653 31,345 31,614 31,091 30,330 29,751 22,643 22,247 20,526 11,779 11,370 11,208 11,105 10,956 10,477 9,904 9,529.1 9,258.8 8,987.1 8,730.7
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 (399) (388) (380) (366) (329) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 4,089 3,370 3,839 3,694 3,707 3,590 3,428 3,109 2,981 2,777 2,164 1,779 805 6,259 6,178 6,161 6,154 6,132 6,210 6,221 274.7 231.7 172.8 0
Other Non-Current Assets 37,949 1,293 1,216 1,028 966 1,108 1,188 557 (5,707) (8,738) 316 272 1,452 1,133 1,109 1,002 868 791 580 122 155.8 71.5 90.4 225.6
Total Non-Current Assets 42,038 40,494 38,381 36,878 36,326 35,644 35,842 34,377 33,562 32,601 25,123 24,298 22,783 19,171 18,657 18,371 18,127 17,879 17,267 16,247 9,959.6 9,562 9,250.3 8,956.3
Total Assets 45,236 43,682 41,652 38,885 38,493 37,962 37,923 36,239 35,711 34,892 27,369 26,297 24,750 20,596 19,956 19,418 18,976 19,250 18,180 17,350 11,416.4 10,904.8 10,587.8 10,519.8
Current Liabilities
Account Payables 1,863 985 997 712 850 552 710 828 822 650 974 1,140 1,012 948 908 848 925 818 600 624 594 732.8 704.1 653.6
Short-Term Debt 607 555 4 703 553 579 316 585 700 650 474 484 662 360 358 605 297 503 141 88 100 130.9 116.9 263.2
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 965 1,026 760 396 365 375 429 460 438 436 232 220 317 294 318 248 414 440 225 212 201 342.1 142.3 281.1
Total Current Liabilities 3,775 3,545 2,632 2,649 2,521 2,160 2,300 2,591 2,545 2,339 1,789 2,105 2,201 1,801 1,853 2,386 1,887 1,924 1,117 1,093 1,190.3 1,205.8 1,131.8 1,197.9
Non-Current Liabilities
Long-Term Debt 16,480 16,651 17,175 14,479 13,287 12,102 11,880 10,560 9,136 9,562 6,679 6,183 6,863 6,800 7,006 7,027 7,339 7,556 7,483 7,398 1,800.3 1,553.3 1,547.8 1,481.5
Deferred Tax Liabilities 7,711 7,420 7,225 7,265 7,165 6,922 6,815 6,460 6,324 9,140 6,747 6,366 6,550 3,223 3,010 2,781 2,745 2,687 2,545 2,480 2,411.6 2,299 2,208 2,129.8
Other Non-Current Liabilities 1,723 1,569 1,552 909 1,014 1,109 1,023 986 1,067 1,162 1,801 2,030 1,146 1,796 1,542 1,089 1,131 1,101 1,065 885 927 965.5 961.9 1,035.4
Total Non-Current Liabilities 25,914 25,831 26,239 23,503 22,331 21,011 20,439 18,286 16,807 20,144 15,227 14,595 14,559 11,810 11,558 10,897 11,215 11,344 11,093 10,763 5,199 4,817.8 4,717.7 4,646.7
Total Liabilities 29,689 29,376 28,871 26,152 24,852 23,171 22,739 20,877 19,352 22,483 17,016 16,700 16,760 13,611 13,411 13,283 13,102 13,268 12,210 11,856 6,389.3 6,023.6 5,849.5 5,844.6
Stockholders' Equity
Common Stock 226 228 227 230 242 254 259 269 285 292 370 368 421 412 410 407 405 404 401 399 132.4 136.3 140.4 0
Retained Earnings 13,235 12,093 10,695 10,697 11,586 12,883 13,207 13,440 14,176 10,425 9,027 8,501 6,893 6,112 5,694 5,335 5,053 5,187 5,252 4,826 4,403.7 4,282.4 4,154.6 4,078.5
Accumulated Other Comprehensive Income (210) (262) (320) (351) (402) (594) (491) (563) (356) (487) (853) (952) (24) (44) (65) (55) (6) (11) (8) (4,435) (4,399) (4,326) (4,223) 0
Total Stockholders' Equity 15,547 14,306 12,781 12,733 13,641 14,791 15,184 15,362 16,359 12,409 10,353 9,597 7,990 6,976 6,500 6,090 5,824 5,932 5,921 5,445 4,977.6 4,829 4,684.8 4,620.7
Total Liabilities & Equity 45,236 43,682 41,652 38,885 38,493 37,962 37,923 36,239 35,711 34,892 27,369 26,297 24,750 20,596 19,956 19,418 18,976 19,250 18,180 17,350 11,416.4 10,904.8 10,587.8 10,519.8
Debt Metrics
Total Debt 17,087 17,478 17,571 15,592 14,253 13,114 12,734 11,145 9,836 10,212 7,153 6,667 7,525 7,160 7,364 7,632 7,636 8,059 7,624 7,486 1,900.3 1,684.2 1,664.7 1,744.7
Net Debt 15,557 15,837 16,003 15,136 13,414 11,999 12,154 10,787 9,146 9,256 6,157 6,049 6,946 6,876 7,180 7,428 7,636 8,022 7,619 7,452 1,691.1 1,616.5 1,607.7 1,664.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 2,873 2,622 1,827 3,270 3,005 2,013 2,722 2,666 5,404 1,668 1,281 923 525 460 362 172 239 525 699 770.4 712.7 667.8 548.7
Depreciation & Amortization 1,393 1,353 1,298 1,221 1,181 1,154 1,139 1,104 1,059 1,030 787 609 528 529 527 517 489 450 432 429.2 413.5 403.8 (405.5)
Stock-Based Compensation 0 0 0 53 0 28 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 71 625 368 (201) 147 131 (139) 122 58 305 45 82 86 (84) (176) 832 (48) (50) 43 (17.2) 145.6 18.9 (26.5)
Other Non-Cash Items (241) (724) (265) (204) (262) 169 (160) (339) (409) (196) (88) (153) (217) 51 (103) (14) (24) (149) (99) (74.8) (101.1) (58.9) 478.4
Operating Cash Flow 4,361 4,052 3,179 4,222 4,255 3,637 3,892 3,726 3,253 3,034 2,105 1,661 1,054 803 654 1,342 533 890 1,150 1,204.7 1,237.4 1,144.3 874.6
Investing Activities
Capital Expenditure (2,204) (2,381) (2,349) (1,948) (1,470) (1,494) (2,019) (1,951) (1,723) (1,887) (1,025) (1,041) (720) (689) (746) (731) (912) (956) (875) (688.2) (658.9) (712.9) (669.2)
Acquisitions 164 558 86 263 159 1 104 204 202 130 1,135 1,116 798 720 902 868 1,016 1,039 949 131.1 129.5 86.1 0
Purchases of Investments (621) (319) (124) (12) (10) (14) (122) (10) (7) (123) (1,822) (228) (106) (78) (99) (77) (123) (116) (185) (82) (75.4) (133.1) 0
Sales/Maturities of Investments 99 1,005 205 94 99 (1) (104) 99 47 48 910 61 108 63 88 90 343 155 217 185.4 104 330.7 88.6
Other Investing Activities 0 0 0 0 0 333 377 0 0 0 (1,025) (1,041) (720) (689) (746) (731) (915) (789) (6,616) (82) (67.1) (58.7) 110.5
Investing Cash Flow (2,562) (2,780) (2,182) (1,603) (1,222) (1,175) (1,764) (1,658) (1,481) (1,832) (1,827) (1,133) (640) (673) (601) (581) (591) (667) (6,510) (535.7) (567.9) (487.9) (470.1)
Financing Activities
Net Debt Issuance (163) (4) 1,959 1,279 1,092 403 1,004 1,273 (412) 94 (456) (253) (167) (91) 230 (494) 380 17 3,996 116 (66) (82.2) (53.7)
Stock Repurchased (534) 26 (619) (3,114) (3,390) (1,439) (2,099) (2,781) (1,012) (803) 0 0 0 0 0 0 0 0 0 (389) (338) (344.8) (138.1)
Dividends Paid (1,215) (1,221) (1,225) (1,167) (1,028) (960) (949) (844) (703) (695) (194) (142) (117) (101) (93) (306) (304) (303) (301) (283.7) (273.5) (262.7) (259.7)
Other Financing Activities 2 0 3 0 0 0 23 0 0 0 0 0 (43) 0 0 0 0 0 1,468 (388.8) (0.5) 0 0
Financing Cash Flow (1,910) (1,199) 115 (3,002) (3,309) (1,927) (1,994) (2,312) (2,038) (1,347) (456) (233) (314) (150) 151 (798) 90 (252) 5,187 (527.5) (658.8) (679.9) (435.8)
Cash Position
Net Change in Cash (111) 73 1,112 (383) (276) 535 134 (244) (266) (145) (178) 295 100 (20) 151 (798) 32 (29) (173) 141.5 10.7 (23.5) (31.3)
Cash at Beginning 1,641 1,568 456 839 1,115 580 446 690 956 1,101 467 284 184 204 53 37 5 34 207 67.7 57 80.5 111.8
Cash at End 1,530 1,641 1,568 456 839 1,115 580 446 690 956 289 579 284 184 204 (761) 37 5 34 209.2 67.7 57 80.5
Free Cash Flow 2,157 1,671 830 2,274 2,785 2,143 1,873 1,775 1,530 1,147 1,080 620 334 114 (92) 611 (379) (66) 275 516.5 578.5 431.4 205.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 12,180 12,123 12,156 12,745 11,142 9,789 11,296 11,458 10,551 9,888 10,511 11,624 11,245 11,040 11,172 9,516 7,969 10,661 9,432 9,407 8,527 7,312 6,468 6,270 6,170 6,159 5,195 4,221 4,223 4,770 4,668 4,581.3 4,460.1
Gross Profit 5,168 3,764 2,808 4,733 4,365 3,397 3,893 3,959 3,522 3,070 2,879 3,570 3,251 3,118 3,206 2,669 1,962 3,084 2,574 2,557 2,595 2,073 3,642 3,888 3,750 3,616 3,264 3,952 3,873 3,661.8 3,611.5 3,481.4 2,775.5
Operating Income 4,008 3,764 2,808 4,733 4,365 3,397 3,893 3,959 3,522 3,070 2,879 3,570 3,251 3,118 3,206 2,669 1,962 3,084 2,574 2,557 2,158 1,702 1,064 1,158 1,007 633 718 1,052 1,213 1,197 1,086.3 1,065.4 860.4
Net Income 2,873 2,622 1,827 3,270 3,005 2,013 2,722 2,666 5,404 1,668 1,556 2,000 1,910 1,749 1,916 1,496 1,034 1,716 1,464 1,481 1,281 923 535 460 375 172 239 734 721 770.4 712.7 667.8 772
EPS (Diluted) 12.75 11.57 8.02 13.88 12.11 7.84 10.25 9.51 18.61 5.62 5.10 6.39 6.04 5.37 5.45 4.00 2.76 4.52 3.68 3.57 3.11 2.31 1.37 1.18 0.97 0.45 0.63 1.93 1.90 2.01 1.80 1.63 1.83
Balance Sheet
Cash & Equivalents 1,530 1,641 1,568 456 839 1,115 580 358 690 956 996 618 579 284 184 204 0 37 5 34 209.2 67.7 57 80.5
Total Assets 45,236 43,682 41,652 38,885 38,493 37,962 37,923 36,239 35,711 34,892 27,369 26,297 24,750 20,596 19,956 19,418 18,976 19,250 18,180 17,350 11,416.4 10,904.8 10,587.8 10,519.8
Total Debt 17,087 17,478 17,571 15,592 14,253 13,114 12,734 11,145 9,836 10,212 7,153 6,667 7,525 7,160 7,364 7,632 7,636 8,059 7,624 7,486 1,900.3 1,684.2 1,664.7 1,744.7
Stockholders' Equity 15,547 14,306 12,781 12,733 13,641 14,791 15,184 15,362 16,359 12,409 10,353 9,597 7,990 6,976 6,500 6,090 5,824 5,932 5,921 5,445 4,977.6 4,829 4,684.8 4,620.7
Cash Flow
Operating Cash Flow 4,361 4,052 3,179 4,222 4,255 3,637 3,892 3,726 3,253 3,034 2,105 1,661 1,054 803 654 1,342 533 890 1,150 1,204.7 1,237.4 1,144.3 874.6
Capital Expenditure (2,204) (2,381) (2,349) (1,948) (1,470) (1,494) (2,019) (1,951) (1,723) (1,887) (1,025) (1,041) (720) (689) (746) (731) (912) (956) (875) (688.2) (658.9) (712.9) (669.2)
Free Cash Flow 2,157 1,671 830 2,274 2,785 2,143 1,873 1,775 1,530 1,147 1,080 620 334 114 (92) 611 (379) (66) 275 516.5 578.5 431.4 205.4