NSC Q4 2025 Earnings — Norfolk Southern Corporation Revenue & Financial Results | Market Cap Arena

NSCNorfolk Southern Corporation

$68B

Q4 2025 Earnings

Industrials Railroads

Income Statement

Revenue

$3.0B-1.7% YoY

Gross Profit

$2.1B70.5% margin

Operating Income

$937M31.5% margin

Net Income

$644M21.7% margin

EPS (Diluted)

$2.87

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$2.5B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$45.2B

Total Liabilities

$29.7B

Stockholders' Equity

$15.5B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.0B	-1.7%
Gross Profit	$2.1B	$1.1B	+91.9%
Operating Income	$937M	$1.1B	-14.3%
Net Income	$644M	$733M	-12.1%

Revenue Segments

Railway Operating Revenues Market Group Merchandise

$1.9B63%

Railway Operating Revenues Market Group Intermodal

$747M25%

Railway Operating Revenues Market Group Coal

$347M12%