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    NORFOLK SOUTHERN CORP

    Company overview

    Market capitalization
    $70.31B
    Employees
    19,300
    Latest publication
    2026-09-29
    About NORFOLK SOUTHERN CORP

    Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals, including sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and operates an intermodal network. Norfolk Southern Corporation was incorporated in 1980 and is headquartered in Atlanta, Georgia.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Revenue3,465,000,000USD2,998,000,000USD2,974,000,000USD3,103,000,000USD3,110,000,000USD2,993,000,000USD3,024,000,000USD3,051,000,000USD
    Total Operating Expenses2,341,000,000USD414,000,000USD1,160,000,000USD1,914,000,000USD1,935,000,000USD105,000,000USD50,000,000USD-383,000,000USD
    Operating Income1,124,000,000USD877,000,000USD937,000,000USD1,029,000,000USD1,104,000,000USD938,000,000USD1,093,000,000USD1,256,000,000USD
    Total Other Income Expense Net-165,000,000USD-162,000,000USD-172,000,000USD-105,000,000USD-106,000,000USD40,000,000USD-165,000,000USD171,000,000USD
    Interest Expense197,000,000USD197,000,000USD195,000,000USD197,000,000USD201,000,000USD199,000,000USD199,000,000USD203,000,000USD
    Labor And Related Expense744,000,000USD———————
    Depreciation And Amortization358,000,000USD352,000,000USD353,000,000USD348,000,000USD346,000,000USD346,000,000USD342,000,000USD339,000,000USD
    Income Before Tax959,000,000USD715,000,000USD765,000,000USD924,000,000USD998,000,000USD978,000,000USD928,000,000USD1,427,000,000USD
    Income Tax Expense225,000,000USD168,000,000USD121,000,000USD213,000,000USD230,000,000USD228,000,000USD195,000,000USD328,000,000USD
    Net Income734,000,000USD547,000,000USD644,000,000USD711,000,000USD768,000,000USD750,000,000USD733,000,000USD1,099,000,000USD
    Net Income Applicable To Common Shares733,000,000USD—643,000,000USD711,000,000USD767,000,000USD749,000,000USD732,000,000USD1,099,000,000USD
    Cost Of Revenue—1,707,000,000USD877,000,000USD2,074,000,000USD2,006,000,000USD2,055,000,000USD1,931,000,000USD1,795,000,000USD
    Gross Profit—1,291,000,000USD2,097,000,000USD1,029,000,000USD1,104,000,000USD938,000,000USD1,093,000,000USD1,256,000,000USD
    Unclassified Operating Expenses—414,000,000USD407,000,000USD1,809,000,000USD1,824,000,000USD8,000,000USD-46,000,000USD-475,000,000USD
    Net Interest Income—-197,000,000USD-195,000,000USD-197,000,000USD-201,000,000USD-199,000,000USD-199,000,000USD-203,000,000USD
    Tax Provision—168,000,000USD121,000,000USD213,000,000USD230,000,000USD228,000,000USD195,000,000USD328,000,000USD
    Net Income From Continuing Ops—547,000,000USD644,000,000USD711,000,000USD768,000,000USD750,000,000USD733,000,000USD1,099,000,000USD
    Ebit—842,000,000USD960,000,000USD1,121,000,000USD1,199,000,000USD1,177,000,000USD1,127,000,000USD1,630,000,000USD
    Ebitda—1,194,000,000USD1,313,000,000USD1,469,000,000USD1,545,000,000USD1,523,000,000USD1,469,000,000USD1,969,000,000USD
    Reconciled Depreciation—352,000,000USD353,000,000USD348,000,000USD346,000,000USD346,000,000USD342,000,000USD339,000,000USD
    Selling General Administrative——753,000,000USD105,000,000USD111,000,000USD97,000,000USD96,000,000USD92,000,000USD
    Interest Income——175,000,000USD197,000,000USD201,000,000USD199,000,000USD182,000,000USD203,000,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Total Revenue6,463,000,000USD
    Total Operating Expenses4,462,000,000USD
    Operating Income2,001,000,000USD
    Total Other Income Expense Net-327,000,000USD
    Interest Expense394,000,000USD
    Labor And Related Expense1,484,000,000USD
    Depreciation And Amortization710,000,000USD
    Income Before Tax1,674,000,000USD
    Income Tax Expense393,000,000USD
    Net Income1,281,000,000USD
    Net Income Applicable To Common Shares1,280,000,000USD
    SourceDisclosureDeterministicFinal

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USDFY 20172017-12-31 · USD
    Total Revenue12,180,000,000USD12,123,000,000USD12,745,000,000USD11,142,000,000USD9,789,000,000USD11,296,000,000USD11,458,000,000USD10,551,000,000USD
    Cost Of Revenue7,012,000,000USD8,359,000,000USD8,012,000,000USD6,777,000,000USD6,392,000,000USD7,403,000,000USD7,499,000,000USD7,029,000,000USD
    Gross Profit5,168,000,000USD3,764,000,000USD4,733,000,000USD4,365,000,000USD3,397,000,000USD3,893,000,000USD3,959,000,000USD3,522,000,000USD
    Selling General Administrative753,000,000USD120,000,000USD126,000,000USD102,000,000USD91,000,000USD63,000,000USD61,000,000USD112,000,000USD
    Unclassified Operating Expenses407,000,000USD352,000,000USD587,000,000USD445,000,000USD562,000,000USD677,000,000USD594,000,000USD629,000,000USD
    Total Operating Expenses1,160,000,000USD472,000,000USD713,000,000USD547,000,000USD653,000,000USD740,000,000USD655,000,000USD741,000,000USD
    Operating Income4,008,000,000USD3,764,000,000USD4,733,000,000USD4,365,000,000USD3,397,000,000USD3,893,000,000USD3,959,000,000USD3,522,000,000USD
    Interest Income772,000,000USD790,000,000USD692,000,000USD646,000,000USD625,000,000USD604,000,000USD557,000,000USD13,000,000USD
    Interest Expense792,000,000USD807,000,000USD692,000,000USD646,000,000USD625,000,000USD604,000,000USD557,000,000USD550,000,000USD
    Net Interest Income-792,000,000USD-807,000,000USD-692,000,000USD-646,000,000USD-625,000,000USD-604,000,000USD-557,000,000USD-554,000,000USD
    Income Before Tax3,665,000,000USD3,329,000,000USD4,130,000,000USD3,878,000,000USD2,530,000,000USD3,491,000,000USD3,469,000,000USD3,128,000,000USD
    Income Tax Expense792,000,000USD707,000,000USD860,000,000USD873,000,000USD517,000,000USD769,000,000USD803,000,000USD-2,276,000,000USD
    Tax Provision792,000,000USD707,000,000USD860,000,000USD873,000,000USD517,000,000USD769,000,000USD803,000,000USD-2,276,000,000USD
    Net Income2,873,000,000USD2,622,000,000USD3,270,000,000USD3,005,000,000USD2,013,000,000USD2,722,000,000USD2,666,000,000USD5,404,000,000USD
    Net Income From Continuing Ops2,873,000,000USD2,622,000,000USD3,270,000,000USD3,005,000,000USD2,013,000,000USD2,722,000,000USD2,666,000,000USD5,404,000,000USD
    Ebit4,457,000,000USD4,136,000,000USD4,822,000,000USD4,524,000,000USD3,155,000,000USD4,095,000,000USD4,026,000,000USD3,678,000,000USD
    Ebitda5,850,000,000USD5,489,000,000USD6,043,000,000USD5,705,000,000USD4,309,000,000USD5,233,000,000USD5,128,000,000USD4,733,000,000USD
    Depreciation And Amortization1,393,000,000USD1,353,000,000USD1,221,000,000USD1,181,000,000USD1,154,000,000USD1,138,000,000USD1,102,000,000USD1,055,000,000USD
    Reconciled Depreciation1,393,000,000USD1,353,000,000USD1,221,000,000USD1,181,000,000USD1,154,000,000USD1,139,000,000USD1,104,000,000USD1,059,000,000USD
    Total Other Income Expense Net-343,000,000USD-435,000,000USD-603,000,000USD-487,000,000USD-867,000,000USD-402,000,000USD-490,000,000USD-394,000,000USD
    Net Income Applicable To Common Shares2,870,000,000USD2,619,000,000USD3,270,000,000USD3,005,000,000USD2,013,000,000USD2,722,000,000USD2,666,000,000USD5,404,000,000USD
    Non Operating Income Net Other——13,000,000USD77,000,000USD153,000,000USD106,000,000USD67,000,000USD92,000,000USD
    Research Development——————0USD0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets45,122,000,000USD45,113,000,000USD45,236,000,000USD44,580,000,000USD44,155,000,000USD43,800,000,000USD43,682,000,000USD43,255,000,000USD
    Cash And Equivalents1,069,000,000USD—1,530,000,000USD1,418,000,000USD1,303,000,000USD1,006,000,000USD1,641,000,000USD975,000,000USD
    Long Term Investments4,155,000,000USD4,116,000,000USD4,089,000,000USD4,081,000,000USD4,038,000,000USD4,003,000,000USD3,370,000,000USD3,968,000,000USD
    Total Current Assets2,801,000,000USD3,024,000,000USD3,198,000,000USD3,036,000,000USD2,907,000,000USD2,701,000,000USD3,188,000,000USD2,690,000,000USD
    Other Current Assets228,000,000USD248,000,000USD409,000,000USD219,000,000USD168,000,000USD191,000,000USD201,000,000USD125,000,000USD
    Other Non Current Assets1,540,000,000USD———————
    Total Liabilities28,869,000,000USD———————
    Total Current Liabilities3,370,000,000USD3,335,000,000USD3,775,000,000USD3,524,000,000USD3,667,000,000USD3,450,000,000USD3,545,000,000USD3,677,000,000USD
    Other Current Liabilities720,000,000USD———————
    Other Non Current Liabilities1,714,000,000USD———————
    Total Stockholder Equity16,253,000,000USD15,804,000,000USD15,547,000,000USD15,141,000,000USD14,787,000,000USD14,511,000,000USD14,306,000,000USD13,785,000,000USD
    Total Equity Including Noncontrolling Interest16,253,000,000USD———————
    Short Long Term Debt16,616,000,000USD609,000,000USD607,000,000USD607,000,000USD903,000,000USD555,000,000USD555,000,000USD555,000,000USD
    Long Term Debt15,967,000,000USD16,492,000,000USD16,480,000,000USD16,476,000,000USD16,464,000,000USD16,660,000,000USD16,651,000,000USD16,644,000,000USD
    Net Receivables1,177,000,000USD1,123,000,000USD988,000,000USD1,102,000,000USD1,123,000,000USD1,231,000,000USD1,069,000,000USD1,302,000,000USD
    Inventory327,000,000USD312,000,000USD271,000,000USD297,000,000USD313,000,000USD273,000,000USD277,000,000USD288,000,000USD
    Property Plant Equipment Net36,626,000,000USD36,442,000,000USD36,479,000,000USD36,112,000,000USD35,921,000,000USD35,803,000,000USD35,831,000,000USD35,390,000,000USD
    Accounts Payable1,783,000,000USD1,695,000,000USD1,863,000,000USD1,657,000,000USD1,504,000,000USD1,445,000,000USD985,000,000USD1,614,000,000USD
    Short Term Debt649,000,000USD609,000,000USD607,000,000USD607,000,000USD903,000,000USD555,000,000USD636,000,000USD555,000,000USD
    Common Stock226,000,000USD226,000,000USD226,000,000USD226,000,000USD226,000,000USD227,000,000USD228,000,000USD228,000,000USD
    Retained Earnings13,907,000,000USD13,477,000,000USD13,235,000,000USD12,894,000,000USD12,563,000,000USD12,296,000,000USD12,093,000,000USD11,666,000,000USD
    Accumulated Other Comprehensive Income-212,000,000USD-211,000,000USD-210,000,000USD-262,000,000USD-261,000,000USD-261,000,000USD-262,000,000USD-332,000,000USD
    Total Liab—29,309,000,000USD29,689,000,000USD29,439,000,000USD29,368,000,000USD29,289,000,000USD29,376,000,000USD29,470,000,000USD
    Other Current Liab—711,000,000USD965,000,000USD1,033,000,000USD1,037,000,000USD960,000,000USD1,587,000,000USD1,329,000,000USD
    Capital Stock—226,000,000USD226,000,000USD226,000,000USD226,000,000USD227,000,000USD228,000,000USD228,000,000USD
    Cash—1,341,000,000USD1,530,000,000USD1,418,000,000USD1,303,000,000USD1,006,000,000USD1,641,000,000USD975,000,000USD
    Cash And Short Term Investments—1,341,000,000USD1,530,000,000USD1,418,000,000USD1,303,000,000USD1,006,000,000USD1,641,000,000USD975,000,000USD
    Net Debt—15,760,000,000USD15,557,000,000USD15,665,000,000USD16,064,000,000USD16,209,000,000USD15,837,000,000USD16,224,000,000USD
    Short Long Term Debt Total—17,101,000,000USD17,087,000,000USD17,083,000,000USD17,367,000,000USD17,215,000,000USD17,478,000,000USD17,199,000,000USD
    Property Plant Equipment Gross—51,211,000,000USD51,096,000,000USD50,550,000,000USD50,171,000,000USD49,991,000,000USD49,788,000,000USD49,245,000,000USD
    Common Stock Shares Outstanding—225,102,881shares224,800,000shares224,700,000shares225,000,000shares226,500,000shares226,500,000shares226,500,000shares
    Non Current Assets Total—42,089,000,000USD42,038,000,000USD41,544,000,000USD41,248,000,000USD41,099,000,000USD40,494,000,000USD40,565,000,000USD
    Non Current Liabilities Total—25,974,000,000USD25,914,000,000USD25,915,000,000USD25,701,000,000USD25,839,000,000USD25,831,000,000USD25,793,000,000USD
    Non Current Liabilities Other—1,724,000,000USD583,000,000USD1,705,000,000USD1,708,000,000USD1,702,000,000USD560,000,000USD1,786,000,000USD
    Non Currrent Assets Other—1,531,000,000USD1,470,000,000USD1,351,000,000USD1,289,000,000USD1,293,000,000USD1,293,000,000USD1,207,000,000USD
    Net Working Capital—-311,000,000USD-577,000,000USD-488,000,000USD-760,000,000USD-749,000,000USD-357,000,000USD-987,000,000USD
    Unclassified Current Liabilities—-289,000,000USD-267,000,000USD-380,000,000USD-680,000,000USD-65,000,000USD-218,000,000USD-555,000,000USD
    Unclassified Non Current Liabilities—7,758,000,000USD8,851,000,000USD7,734,000,000USD7,529,000,000USD7,477,000,000USD8,620,000,000USD7,363,000,000USD
    Unclassified Equity—2,086,000,000USD2,070,000,000USD2,057,000,000USD2,033,000,000USD2,022,000,000USD2,019,000,000USD1,995,000,000USD
    Other Assets——1,470,000,000USD1,351,000,000USD1,289,000,000USD1,293,000,000USD1,293,000,000USD1,207,000,000USD
    Unclassified Non Current Assets——-1,470,000,000USD-1,351,000,000USD-1,289,000,000USD-1,293,000,000USD-1,293,000,000USD-1,207,000,000USD
    Current Deferred Revenue———————179,000,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets45,236,000,000USD43,682,000,000USD41,652,000,000USD38,885,000,000USD38,493,000,000USD37,962,000,000USD37,923,000,000USD36,239,000,000USD
    Other Current Assets409,000,000USD201,000,000USD292,000,000USD150,000,000USD134,000,000USD134,000,000USD337,000,000USD288,000,000USD
    Total Liab29,689,000,000USD29,376,000,000USD28,871,000,000USD26,152,000,000USD24,852,000,000USD23,171,000,000USD22,739,000,000USD20,877,000,000USD
    Total Stockholder Equity15,547,000,000USD14,306,000,000USD12,781,000,000USD12,733,000,000USD13,641,000,000USD14,791,000,000USD15,184,000,000USD15,362,000,000USD
    Other Current Liab965,000,000USD1,587,000,000USD1,264,000,000USD828,000,000USD731,000,000USD677,000,000USD948,000,000USD923,000,000USD
    Common Stock226,000,000USD228,000,000USD227,000,000USD230,000,000USD242,000,000USD254,000,000USD259,000,000USD269,000,000USD
    Capital Stock226,000,000USD228,000,000USD227,000,000USD230,000,000USD242,000,000USD254,000,000USD259,000,000USD269,000,000USD
    Retained Earnings13,235,000,000USD12,093,000,000USD10,695,000,000USD10,697,000,000USD11,586,000,000USD12,883,000,000USD13,207,000,000USD13,440,000,000USD
    Other Assets1,252,000,000USD1,022,000,000USD826,000,000USD621,000,000USD966,000,000USD35,644,000,000USD1,028,000,000USD733,000,000USD
    Cash1,530,000,000USD1,641,000,000USD1,568,000,000USD456,000,000USD839,000,000USD1,115,000,000USD580,000,000USD358,000,000USD
    Cash And Equivalents1,530,000,000USD1,641,000,000USD1,568,000,000USD456,000,000USD839,000,000USD1,115,000,000USD580,000,000USD358,000,000USD
    Cash And Short Term Investments1,530,000,000USD1,641,000,000USD1,568,000,000USD456,000,000USD839,000,000USD1,115,000,000USD580,000,000USD358,000,000USD
    Total Current Assets3,198,000,000USD3,188,000,000USD3,271,000,000USD2,007,000,000USD2,167,000,000USD2,318,000,000USD2,081,000,000USD1,862,000,000USD
    Total Current Liabilities3,775,000,000USD3,545,000,000USD2,632,000,000USD2,649,000,000USD2,521,000,000USD2,160,000,000USD2,300,000,000USD2,591,000,000USD
    Net Debt15,557,000,000USD15,837,000,000USD16,003,000,000USD15,136,000,000USD13,414,000,000USD11,999,000,000USD12,154,000,000USD10,787,000,000USD
    Short Term Debt607,000,000USD636,000,000USD109,000,000USD797,000,000USD635,000,000USD668,000,000USD413,000,000USD585,000,000USD
    Short Long Term Debt607,000,000USD555,000,000USD4,000,000USD703,000,000USD553,000,000USD579,000,000USD316,000,000USD585,000,000USD
    Short Long Term Debt Total17,087,000,000USD17,478,000,000USD17,571,000,000USD15,592,000,000USD14,253,000,000USD13,114,000,000USD12,734,000,000USD11,145,000,000USD
    Long Term Debt16,480,000,000USD16,651,000,000USD17,175,000,000USD14,479,000,000USD13,287,000,000USD12,102,000,000USD11,880,000,000USD10,560,000,000USD
    Long Term Investments4,089,000,000USD3,370,000,000USD3,839,000,000USD3,694,000,000USD3,707,000,000USD3,590,000,000USD3,428,000,000USD3,109,000,000USD
    Net Receivables988,000,000USD1,069,000,000USD1,147,000,000USD1,148,000,000USD976,000,000USD848,000,000USD920,000,000USD1,009,000,000USD
    Inventory271,000,000USD277,000,000USD264,000,000USD253,000,000USD218,000,000USD221,000,000USD244,000,000USD207,000,000USD
    Accounts Payable1,863,000,000USD985,000,000USD997,000,000USD712,000,000USD850,000,000USD552,000,000USD710,000,000USD828,000,000USD
    Property Plant Equipment Net36,479,000,000USD35,831,000,000USD33,326,000,000USD32,156,000,000USD31,653,000,000USD31,345,000,000USD31,614,000,000USD31,091,000,000USD
    Property Plant Equipment Gross51,096,000,000USD49,788,000,000USD46,591,000,000USD44,748,000,000USD43,684,000,000USD31,744,000,000USD31,614,000,000USD31,091,000,000USD
    Accumulated Other Comprehensive Income-210,000,000USD-262,000,000USD-320,000,000USD-351,000,000USD-402,000,000USD-594,000,000USD-491,000,000USD-563,000,000USD
    Common Stock Shares Outstanding224,800,000shares226,400,000shares227,400,000shares235,600,000shares248,100,000shares256,600,000shares265,600,000shares280,200,000shares
    Non Current Assets Total42,038,000,000USD40,494,000,000USD38,381,000,000USD36,878,000,000USD36,326,000,000USD35,644,000,000USD35,842,000,000USD34,377,000,000USD
    Non Current Liabilities Total25,914,000,000USD25,831,000,000USD26,239,000,000USD23,503,000,000USD22,331,000,000USD21,011,000,000USD20,439,000,000USD18,286,000,000USD
    Non Current Liabilities Other583,000,000USD560,000,000USD487,000,000USD1,759,000,000USD1,879,000,000USD1,987,000,000USD1,744,000,000USD1,266,000,000USD
    Non Currrent Assets Other1,470,000,000USD1,293,000,000USD1,216,000,000USD1,028,000,000USD966,000,000USD1,108,000,000USD1,188,000,000USD557,000,000USD
    Net Working Capital-577,000,000USD-357,000,000USD639,000,000USD-642,000,000USD-354,000,000USD158,000,000USD-219,000,000USD-729,000,000USD
    Unclassified Non Current Assets-1,252,000,000USD-1,022,000,000USD-826,000,000USD-621,000,000USD-966,000,000USD-36,043,000,000USD-1,416,000,000USD-1,113,000,000USD
    Unclassified Current Liabilities-267,000,000USD-218,000,000USD141,000,000USD-7,656,000,000USD-553,000,000USD-579,000,000USD-316,000,000USD-585,000,000USD
    Unclassified Non Current Liabilities8,851,000,000USD8,620,000,000USD8,577,000,000USD-8,174,000,000USD-9,044,000,000USD-8,909,000,000USD-7,838,000,000USD-7,446,000,000USD
    Unclassified Equity2,070,000,000USD2,019,000,000USD1,952,000,000USD1,927,000,000USD1,973,000,000USD1,994,000,000USD1,950,000,000USD1,947,000,000USD
    Current Deferred Revenue—-146,000,000USD117,000,000USD7,265,000,000USD305,000,000USD263,000,000USD229,000,000USD255,000,000USD
    Deferred Long Term Liab———7,265,000,000USD7,165,000,000USD6,922,000,000USD6,815,000,000USD6,460,000,000USD
    Other Liab———8,174,000,000USD9,044,000,000USD8,909,000,000USD7,838,000,000USD7,446,000,000USD
    Net Tangible Assets———12,733,000,000USD13,641,000,000USD14,791,000,000USD15,184,000,000USD15,362,000,000USD
    Intangible Assets—————-399,000,000USD-388,000,000USD-380,000,000USD
    Short Term Investments—————3,590,000,000USD——
    Unclassified Current Assets—————-3,590,000,000USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Net Income1,281,000,000USD
    Depreciation710,000,000USD
    Deferred Income Tax108,000,000USD
    Other Non Cash Items-131,000,000USD
    Change To Account Receivables-190,000,000USD
    Change To Inventory-56,000,000USD
    Change To Liabilities-386,000,000USD
    Change In Working Capital-570,000,000USD
    Operating Cash Flow1,398,000,000USD
    Capital Expenditures-821,000,000USD
    Net Investments15,000,000USD
    Other Investing Activities177,000,000USD
    Investing Cash Flow-629,000,000USD
    Net Debt Issuance-607,000,000USD
    Net Common Stock Issuance-17,000,000USD
    Common Dividends Paid-606,000,000USD
    Financing Cash Flow-1,230,000,000USD
    Effect Of Forex Changes On Cash0USD
    Change In Cash-461,000,000USD
    End Cash Flow1,069,000,000USD
    SourceDisclosureDeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Net Income547,000,000USD644,000,000USD711,000,000USD768,000,000USD750,000,000USD735,000,000USD1,099,000,000USD736,000,000USD
    Depreciation352,000,000USD353,000,000USD348,000,000USD346,000,000USD346,000,000USD342,000,000USD339,000,000USD335,000,000USD
    Other Non Cash Items-17,000,000USD65,000,000USD-159,000,000USD-52,000,000USD-95,000,000USD-112,000,000USD-456,000,000USD-96,000,000USD
    Change To Account Receivables-135,000,000USD112,000,000USD4,000,000USD108,000,000USD-165,000,000USD241,000,000USD-113,000,000USD8,000,000USD
    Change To Inventory-41,000,000USD20,000,000USD16,000,000USD-40,000,000USD4,000,000USD24,000,000USD20,000,000USD-38,000,000USD
    Change In Working Capital-586,000,000USD39,000,000USD165,000,000USD-37,000,000USD-108,000,000USD-49,000,000USD108,000,000USD30,000,000USD
    Total Cash From Operating Activities344,000,000USD1,063,000,000USD1,271,000,000USD1,077,000,000USD950,000,000USD951,000,000USD1,226,000,000USD1,036,000,000USD
    Capital Expenditures-382,000,000USD1,475,000,000USD-551,000,000USD-475,000,000USD-449,000,000USD-675,000,000USD-581,000,000USD-569,000,000USD
    Free Cash Flow-38,000,000USD2,538,000,000USD720,000,000USD602,000,000USD501,000,000USD276,000,000USD645,000,000USD467,000,000USD
    Investments7,000,000USD41,000,000USD-483,000,000USD-414,000,000USD-1,021,000,000USD11,000,000USD-224,000,000USD-723,000,000USD
    Total Cashflows From Investing Activities-213,000,000USD-644,000,000USD-483,000,000USD-414,000,000USD-1,021,000,000USD11,000,000USD-224,000,000USD-723,000,000USD
    Net Borrowings-1,000,000USD-5,000,000USD-301,000,000USD144,000,000USD-1,000,000USD-1,000,000USD-401,000,000USD—
    Total Cash From Financing Activities-320,000,000USD-307,000,000USD-673,000,000USD-366,000,000USD-564,000,000USD-296,000,000USD-686,000,000USD-306,000,000USD
    Dividends Paid-303,000,000USD-303,000,000USD-303,000,000USD-303,000,000USD-306,000,000USD-306,000,000USD-305,000,000USD-305,000,000USD
    Sale Purchase Of Stock-5,000,000USD-532,000,000USD-70,000,000USD-207,000,000USD-257,000,000USD11,000,000USD5,000,000USD1,000,000USD
    Change In Cash-189,000,000USD112,000,000USD115,000,000USD297,000,000USD-635,000,000USD666,000,000USD316,000,000USD7,000,000USD
    Begin Period Cash Flow1,530,000,000USD1,418,000,000USD1,303,000,000USD1,006,000,000USD1,641,000,000USD975,000,000USD659,000,000USD652,000,000USD
    End Period Cash Flow1,341,000,000USD1,530,000,000USD1,418,000,000USD1,303,000,000USD1,006,000,000USD1,641,000,000USD975,000,000USD659,000,000USD
    Other Cashflows From Investing Activities-223,000,000USD-2,679,000,000USD-443,000,000USD48,000,000USD18,000,000USD101,000,000USD457,000,000USD-1,000,000USD
    Other Cashflows From Financing Activities-17,000,000USD-161,000,000USD——-258,000,000USD—-224,000,000USD-723,000,000USD
    Unclassified Operating Cash Flow48,000,000USD-38,000,000USD206,000,000USD52,000,000USD57,000,000USD35,000,000USD136,000,000USD18,000,000USD
    Unclassified Investing Cash Flow385,000,000USD519,000,000USD994,000,000USD427,000,000USD431,000,000USD574,000,000USD124,000,000USD570,000,000USD
    Unclassified Financing Cash Flow6,000,000USD694,000,000USD——258,000,000USD—239,000,000USD721,000,000USD
    Issuance Of Capital Stock—1,000,000USD——————
    Stock Based Compensation———————13,000,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Net Income2,873,000,000USD2,622,000,000USD1,827,000,000USD3,270,000,000USD3,005,000,000USD2,013,000,000USD2,722,000,000USD2,666,000,000USD
    Depreciation1,393,000,000USD1,353,000,000USD1,298,000,000USD1,221,000,000USD1,181,000,000USD1,154,000,000USD1,139,000,000USD1,104,000,000USD
    Other Non Cash Items-241,000,000USD-724,000,000USD-265,000,000USD-151,000,000USD-176,000,000USD-248,000,000USD-118,000,000USD-339,000,000USD
    Change To Account Receivables59,000,000USD85,000,000USD-2,000,000USD-171,000,000USD-133,000,000USD71,000,000USD87,000,000USD-70,000,000USD
    Change To Inventory6,000,000USD-13,000,000USD-11,000,000USD-35,000,000USD3,000,000USD23,000,000USD-37,000,000USD15,000,000USD
    Change In Working Capital71,000,000USD625,000,000USD368,000,000USD-201,000,000USD147,000,000USD131,000,000USD-139,000,000USD122,000,000USD
    Total Cash From Operating Activities4,361,000,000USD4,052,000,000USD3,179,000,000USD4,222,000,000USD4,255,000,000USD3,637,000,000USD3,892,000,000USD3,726,000,000USD
    Capital Expenditures-2,204,000,000USD-2,381,000,000USD-2,349,000,000USD-1,948,000,000USD-1,470,000,000USD-1,494,000,000USD-2,019,000,000USD-1,951,000,000USD
    Free Cash Flow2,157,000,000USD1,671,000,000USD830,000,000USD2,274,000,000USD2,785,000,000USD2,143,000,000USD1,873,000,000USD1,775,000,000USD
    Investments-522,000,000USD-2,780,000,000USD-1,937,000,000USD-1,603,000,000USD89,000,000USD-13,000,000USD-18,000,000USD-10,000,000USD
    Total Cashflows From Investing Activities-2,562,000,000USD-2,780,000,000USD-2,182,000,000USD-1,603,000,000USD-1,222,000,000USD-1,175,000,000USD-1,764,000,000USD-1,658,000,000USD
    Net Borrowings-163,000,000USD-4,000,000USD1,959,000,000USD1,279,000,000USD1,092,000,000USD403,000,000USD1,004,000,000USD1,273,000,000USD
    Total Cash From Financing Activities-1,910,000,000USD-1,199,000,000USD115,000,000USD-3,002,000,000USD-3,309,000,000USD-1,927,000,000USD-1,994,000,000USD-2,312,000,000USD
    Dividends Paid-1,215,000,000USD-1,221,000,000USD-1,225,000,000USD-1,167,000,000USD-1,028,000,000USD-960,000,000USD-949,000,000USD-844,000,000USD
    Sale Purchase Of Stock-534,000,000USD26,000,000USD-619,000,000USD-3,114,000,000USD-3,390,000,000USD-1,439,000,000USD-2,099,000,000USD-2,781,000,000USD
    Issuance Of Capital Stock2,000,000USD26,000,000USD3,000,000USD—17,000,000USD69,000,000USD27,000,000USD40,000,000USD
    Change In Cash-111,000,000USD73,000,000USD1,112,000,000USD-383,000,000USD-276,000,000USD535,000,000USD134,000,000USD-244,000,000USD
    Begin Period Cash Flow1,641,000,000USD1,568,000,000USD456,000,000USD839,000,000USD1,115,000,000USD580,000,000USD446,000,000USD690,000,000USD
    End Period Cash Flow1,530,000,000USD1,641,000,000USD1,568,000,000USD456,000,000USD839,000,000USD1,115,000,000USD580,000,000USD446,000,000USD
    Other Cashflows From Investing Activities-2,661,000,000USD-3,785,000,000USD86,000,000USD357,000,000USD258,000,000USD332,000,000USD273,000,000USD204,000,000USD
    Other Cashflows From Financing Activities2,000,000USD26,000,000USD-2,182,000,000USD1,832,000,000USD1,676,000,000USD784,000,000USD2,215,000,000USD2,023,000,000USD
    Unclassified Operating Cash Flow265,000,000USD176,000,000USD-89,000,000USD—184,000,000USD142,000,000USD330,000,000USD126,000,000USD
    Unclassified Investing Cash Flow2,825,000,000USD6,166,000,000USD2,018,000,000USD1,591,000,000USD-99,000,000USD——99,000,000USD
    Unclassified Financing Cash Flow—-26,000,000USD2,182,000,000USD-1,832,000,000USD-1,659,000,000USD-715,000,000USD-2,165,000,000USD-1,983,000,000USD
    Stock Based Compensation——40,000,000USD53,000,000USD-86,000,000USD445,000,000USD-42,000,000USD47,000,000USD
    Change To Liabilities———23,000,000USD283,000,000USD34,000,000USD-185,000,000USD223,000,000USD
    Cash And Cash Equivalents Changes———-383,000,000USD-276,000,000USD535,000,000USD134,000,000USD-244,000,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    Adjusted Railway Operating Ratio

    Period endPeriodValueUnitSource
    2026-06-30quarterly65.5percentDisclosure

    Agriculture, Forest and Consumer Products Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly3,655USD per unitDisclosure

    Agriculture, Forest and Consumer Products Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly184.3thousand unitsDisclosure

    Automotive Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly3,220USD per unitDisclosure

    Automotive Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly103.8thousand unitsDisclosure

    Chemicals Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly4,206USD per unitDisclosure

    Chemicals Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly153.6thousand unitsDisclosure

    Coal Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly2,264USD per unitDisclosure

    Coal Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly187.3thousand unitsDisclosure

    Domestic Intermodal Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly668.9thousand unitsDisclosure

    Domestic Metallurgical Coal Tonnage

    Period endPeriodValueUnitSource
    2026-06-30quarterly2,333thousand tonsDisclosure

    Export Coal Tonnage

    Period endPeriodValueUnitSource
    2026-06-30quarterly9,349thousand tonsDisclosure

    Industrial Coal Tonnage

    Period endPeriodValueUnitSource
    2026-06-30quarterly928thousand tonsDisclosure

    Intermodal Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly853USD per unitDisclosure

    Intermodal Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,064.1thousand unitsDisclosure

    International Intermodal Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly395.2thousand unitsDisclosure

    Merchandise Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly3,493USD per unitDisclosure

    Merchandise Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly610.7thousand unitsDisclosure

    Metals and Construction Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly2,837USD per unitDisclosure

    Metals and Construction Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly169thousand unitsDisclosure

    Railway Operating Ratio

    Period endPeriodValueUnitSource
    2026-06-30quarterly67.6percentDisclosure

    Total Average Revenue per Unit

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,861USD per unitDisclosure

    Total Coal Tonnage

    Period endPeriodValueUnitSource
    2026-06-30quarterly21,187thousand tonsDisclosure

    Total Revenue Units

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,862.1thousand unitsDisclosure

    Utility Coal Tonnage

    Period endPeriodValueUnitSource
    2026-06-30quarterly8,577thousand tonsDisclosure

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q2 2026Quarterly · 2026-06-30SegmentReportable — Railway Operating Revenues Market Group Coal424,000,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentReportable — Railway Operating Revenues Market Group Intermodal908,000,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentReportable — Railway Operating Revenues Market Group Merchandise2,133,000,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31SegmentReportable — Railway Operating Revenues Market Group Coal364,000,000USD0001628280-26-027051
    Q1 2026Quarterly · 2026-03-31SegmentReportable — Railway Operating Revenues Market Group Intermodal749,000,000USD0001628280-26-027051
    Q1 2026Quarterly · 2026-03-31SegmentReportable — Railway Operating Revenues Market Group Merchandise1,885,000,000USD0001628280-26-027051
    Q4 2025Quarterly · 2025-12-31SegmentReportable — Railway Operating Revenues Market Group Coal347,000,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31SegmentReportable — Railway Operating Revenues Market Group Intermodal747,000,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31SegmentReportable — Railway Operating Revenues Market Group Merchandise1,880,000,000USDLegacy provider
    FY 2025Yearly · 2025-12-31SegmentReportable — Railway Operating Revenues Market Group Coal1,487,000,000USD0001628280-26-006268
    FY 2025Yearly · 2025-12-31SegmentReportable — Railway Operating Revenues Market Group Intermodal3,009,000,000USD0001628280-26-006268
    FY 2025Yearly · 2025-12-31SegmentReportable — Railway Operating Revenues Market Group Merchandise7,684,000,000USD0001628280-26-006268
    Q3 2025Quarterly · 2025-09-30SegmentReportable — Railway Operating Revenues Market Group Coal375,000,000USD0001628280-25-046128
    Q3 2025Quarterly · 2025-09-30SegmentReportable — Railway Operating Revenues Market Group Intermodal759,000,000USD0001628280-25-046128
    Q3 2025Quarterly · 2025-09-30SegmentReportable — Railway Operating Revenues Market Group Merchandise1,969,000,000USD0001628280-25-046128
    Q2 2025Quarterly · 2025-06-30SegmentRailway Operating Revenues Market Group Coal395,000,000USD0000702165-25-000028
    Q2 2025Quarterly · 2025-06-30SegmentRailway Operating Revenues Market Group Intermodal743,000,000USD0000702165-25-000028
    Q2 2025Quarterly · 2025-06-30SegmentRailway Operating Revenues Market Group Merchandise1,972,000,000USD0000702165-25-000028
    Q1 2025Quarterly · 2025-03-31SegmentReportable — Railway Operating Revenues Market Group Coal370,000,000USD0001628280-26-027051
    Q1 2025Quarterly · 2025-03-31SegmentReportable — Railway Operating Revenues Market Group Intermodal760,000,000USD0001628280-26-027051
    Q1 2025Quarterly · 2025-03-31SegmentReportable — Railway Operating Revenues Market Group Merchandise1,863,000,000USD0001628280-26-027051
    Q4 2024Quarterly · 2024-12-31SegmentReportable — Railway Operating Revenues Market Group Coal390,000,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31SegmentReportable — Railway Operating Revenues Market Group Intermodal792,000,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31SegmentReportable — Railway Operating Revenues Market Group Merchandise1,842,000,000USDLegacy provider
    FY 2024Yearly · 2024-12-31SegmentReportable — Railway Operating Revenues Market Group Coal1,611,000,000USD0001628280-26-006268
    FY 2024Yearly · 2024-12-31SegmentReportable — Railway Operating Revenues Market Group Intermodal3,042,000,000USD0001628280-26-006268
    FY 2024Yearly · 2024-12-31SegmentReportable — Railway Operating Revenues Market Group Merchandise7,470,000,000USD0001628280-26-006268
    Q3 2024Quarterly · 2024-09-30SegmentReportable — Railway Operating Revenues Market Group Coal427,000,000USD0001628280-25-046128
    Q3 2024Quarterly · 2024-09-30SegmentReportable — Railway Operating Revenues Market Group Intermodal763,000,000USD0001628280-25-046128
    Q3 2024Quarterly · 2024-09-30SegmentReportable — Railway Operating Revenues Market Group Merchandise1,861,000,000USD0001628280-25-046128
    FY 2023Yearly · 2023-12-31SegmentReportable — Railway Operating Revenues Market Group Coal1,713,000,000USD0001628280-26-006268
    FY 2023Yearly · 2023-12-31SegmentReportable — Railway Operating Revenues Market Group Intermodal3,090,000,000USD0001628280-26-006268
    FY 2023Yearly · 2023-12-31SegmentReportable — Railway Operating Revenues Market Group Merchandise7,353,000,000USD0001628280-26-006268
    FY 2022Yearly · 2022-12-31SegmentRailway Operating Revenues Market Group Coal1,733,000,000USD0000702165-25-000008
    FY 2022Yearly · 2022-12-31SegmentRailway Operating Revenues Market Group Intermodal3,681,000,000USD0000702165-25-000008
    FY 2022Yearly · 2022-12-31SegmentRailway Operating Revenues Market Group Merchandise7,331,000,000USD0000702165-25-000008
    FY 2021Yearly · 2021-12-31SegmentRailway Operating Revenues Market Group Coal1,310,000,000USD0000702165-24-000005
    FY 2021Yearly · 2021-12-31SegmentRailway Operating Revenues Market Group Intermodal3,163,000,000USD0000702165-24-000005
    FY 2021Yearly · 2021-12-31SegmentRailway Operating Revenues Market Group Merchandise6,669,000,000USD0000702165-24-000005
    FY 2020Yearly · 2020-12-31SegmentRailway Operating Revenues Market Group Coal1,047,000,000USD0000702165-23-000010
    FY 2020Yearly · 2020-12-31SegmentRailway Operating Revenues Market Group Intermodal2,654,000,000USD0000702165-23-000010
    FY 2020Yearly · 2020-12-31SegmentRailway Operating Revenues Market Group Merchandise6,088,000,000USD0000702165-23-000010
    FY 2019Yearly · 2019-12-31SegmentRailway Operating Revenues Market Group Coal1,669,000,000USD0000702165-22-000007
    FY 2019Yearly · 2019-12-31SegmentRailway Operating Revenues Market Group Intermodal2,824,000,000USD0000702165-22-000007
    FY 2019Yearly · 2019-12-31SegmentRailway Operating Revenues Market Group Merchandise6,803,000,000USD0000702165-22-000007
    FY 2018Yearly · 2018-12-31SegmentRailway Operating Revenues Market Group Coal1,821,000,000USD0000702165-21-000006
    FY 2018Yearly · 2018-12-31SegmentRailway Operating Revenues Market Group Intermodal2,893,000,000USD0000702165-21-000006
    FY 2018Yearly · 2018-12-31SegmentRailway Operating Revenues Market Group Merchandise6,744,000,000USD0000702165-21-000006

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.