Norfolk Southern (NSC) EBITDA (2009 - 2026)

Norfolk Southern (NSC) reported EBITDA of $1.2 billion for Q1 2026, up 63.65% year-over-year from $751.0 million in Q1 2025, and down 4.73% quarter-over-quarter from $1.3 billion in Q4 2025.

Norfolk Southern (NSC) EBITDA (2009 - 2026) Analysis & Trends

Norfolk Southern (NSC) has 18 years of EBITDA data on file, last reported at $1.2 billion in Q1 2026.

  • EBITDA for Q1 2026 came in at $1.2 billion, up 63.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.7 billion (down 3.17% YoY), and the FY2025 annual result was $5.7 billion, up 5.99% from the prior year.
  • EBITDA retreated to $1.2 billion in Q1 2026 per NSC's latest filing, from $1.3 billion in the prior quarter.
  • Over five years, EBITDA peaked at $1.9 billion in Q3 2024 and troughed at $51.0 million in Q1 2024.
  • A 5-year average of $1.0 billion and a median of $1.1 billion in 2023 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2024 and 2025: EBITDA slumped 88.96% in 2024, then jumped 1372.55% in 2025.
  • A 5-year view of EBITDA shows it stood at $1.5 billion in 2022, then retreated by 23.62% to $1.1 billion in 2023, then gained by 29.44% to $1.5 billion in 2024, then dropped by 12.42% to $1.3 billion in 2025, then slipped by 4.73% to $1.2 billion in 2026.
  • Business Quant data shows NSC's EBITDA at $1.2 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.4 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 3.09 Bn
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 1.25 Bn
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 1.23 Bn
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 917.34 Mn
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 517.00 Mn
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 101.10 Mn
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 25.10 Mn
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn 2.05 Mn
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 -6.03 Mn
10 FreightCar America 178.32 Mn 114.02 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.23 Bn
Dec 31, 2025 1.29 Bn
Sep 30, 2025 1.45 Bn
Jun 30, 2025 768.00 Mn
Mar 31, 2025 751.00 Mn
Dec 31, 2024 1.47 Bn
Sep 30, 2024 1.94 Bn
Jun 30, 2024 729.00 Mn
Mar 31, 2024 51.00 Mn
Dec 31, 2023 1.14 Bn
Sep 30, 2023 1.08 Bn
Jun 30, 2023 352.00 Mn
Mar 31, 2023 462.00 Mn
Dec 31, 2022 1.49 Bn
Sep 30, 2022 1.58 Bn
Jun 30, 2022 825.00 Mn
Mar 31, 2022 711.00 Mn
Dec 31, 2021 1.43 Bn
Sep 30, 2021 1.43 Bn
Jun 30, 2021 827.00 Mn