Norfolk Southern revenue and financials
$316.31Change from previous close: +0.03%Absolute change: +$0.08
In the fiscal year ended December 2025, Norfolk Southern reported revenue of $12.18B (+0.47% year over year). Net income was $2.87B, a net margin of 23.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +0.47%
- 2025 vs 2024
- Net income growth
- +9.57%
- 2025 vs 2024
- Net margin
- 23.6%
- 2024: 21.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 45,236 | 43,682 | 41,652 | 38,885 | 38,493 | 37,962 | 37,923 | 36,239 | 35,711 | 34,892 |
| Current assets | 3,198 | 3,188 | 3,271 | 2,007 | 2,167 | 2,318 | 2,081 | 1,862 | 2,149 | 2,291 |
| Cash and equivalents | 1,530 | 1,641 | 1,568 | 456 | 839 | 1,115 | 580 | 358 | 690 | 956 |
| Receivables | 988 | 1,069 | 1,147 | 1,148 | 976 | — | — | — | — | — |
| Inventory | 271 | 277 | 264 | 253 | 218 | — | — | — | — | — |
| Net property, plant and equipment | 36,697 | 36,102 | 33,716 | 32,563 | 32,064 | — | — | — | — | — |
| Long-term investments | 3,338 | 3,209 | 3,065 | 2,942 | 2,822 | — | — | — | — | — |
| Current liabilities | 3,775 | 3,545 | 2,632 | 2,649 | 2,521 | 2,160 | 2,300 | 2,591 | 2,545 | 2,339 |
| Accounts payable | 1,863 | 1,704 | 1,638 | 1,293 | 1,351 | — | — | — | — | — |
| Long-term debt | 17,087 | 17,206 | 17,179 | 15,182 | 13,840 | 12,681 | 12,196 | 11,145 | 9,736 | 10,112 |
| Total liabilities | 29,689 | 29,376 | 28,871 | 26,152 | 24,852 | 23,171 | 22,739 | 20,877 | 19,352 | 22,483 |
| Total equity (incl. minority) | 15,547 | 14,306 | 12,781 | 12,733 | 13,641 | — | — | — | — | — |
| Retained earnings | 13,235 | 12,093 | 10,695 | 10,697 | 11,586 | — | — | — | — | — |