Norfolk Southern (NSC) Consolidated Net Income (2009 - 2026)
Norfolk Southern (NSC) reported Consolidated Net Income of $759 million for Q3 2026, up 6.8% from $711 million a year earlier and up 3.4% from the prior quarter.
Norfolk Southern (NSC) Consolidated Net Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Norfolk Southern's Consolidated Net Income came in at $2.68 billion, down 9.4% year-over-year; for FY2025, it was $2.87 billion, up 9.6% from FY2024.
- Consolidated Net Income has a five-year compound annual growth rate of 7.4% (FY2020 to FY2025).
- By year, Consolidated Net Income came in at $2.62 billion in FY2024 (+43.5%), $1.83 billion in FY2023 (-44.1%), $3.27 billion in FY2022 (+8.8%) and $3.01 billion in FY2021 (+49.3%).
- The Q3 2026 figure ranks as the highest quarterly Consolidated Net Income since Q2 2025.
- Year over year, Consolidated Net Income gained in three of the last seven quarters, with an average decline of 4.1%.
- The high point for year-over-year Consolidated Net Income in five years was Q3 2024 (growth of 129.9%); the low point was Q1 2024 (a decline of 88.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $734 million (Q2 2026), $547 million (Q1 2026) and $644 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.72 Bn | 171.97 Bn | - | 2.08 Bn |
| 2 | Csx | 95.95 Bn | 91.18 Bn | - | 1.05 Bn |
| 3 | United Parcel Service | 84.51 Bn | 61.36 Bn | 22.04 Bn | 1.16 Bn |
| 4 | Canadian Pacific Kansas City | 81.84 Bn | 81.57 Bn | 57.15 Mn | 654.33 Mn |
| 5 | Fedex | 76.69 Bn | 42.88 Bn | 18.84 Bn | 1.60 Bn |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 759.00 Mn |
| 7 | Delta Air Lines | 56.72 Bn | 38.90 Bn | - | 787.00 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 34.91 Bn | 1.56 Bn | 343.75 Mn |
| 9 | United Airlines Holdings | 35.51 Bn | -22.18 Bn | - | 1.03 Bn |
| 10 | Ryanair Holdings | 30.13 Bn | 14.39 Bn | - | 2.36 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 759.00 Mn |
| Jun 30, 2026 | 734.00 Mn |
| Mar 31, 2026 | 547.00 Mn |
| Dec 31, 2025 | 644.00 Mn |
| Sep 30, 2025 | 711.00 Mn |
| Jun 30, 2025 | 768.00 Mn |
| Mar 31, 2025 | 750.00 Mn |
| Dec 31, 2024 | 733.00 Mn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 737.00 Mn |
| Mar 31, 2024 | 53.00 Mn |
| Dec 31, 2023 | 527.00 Mn |
| Sep 30, 2023 | 478.00 Mn |
| Jun 30, 2023 | 356.00 Mn |
| Mar 31, 2023 | 466.00 Mn |
| Dec 31, 2022 | 790.00 Mn |
| Sep 30, 2022 | 958.00 Mn |
| Jun 30, 2022 | 819.00 Mn |
| Mar 31, 2022 | 703.00 Mn |
| Dec 31, 2021 | 760.00 Mn |
Norfolk Southern Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "NSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();