Norfolk Southern (NSC) EBITDA (2009 - 2026)
Norfolk Southern (NSC) reported EBITDA of $1.48 billion for Q2 2026, down 2.6% from $1.52 billion a year earlier but up 20.6% from the prior quarter.
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Analysis
Norfolk Southern (NSC) EBITDA (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Norfolk Southern's EBITDA came in at $5.45 billion, down 15.2% year-over-year; for FY2025, it came in at $5.75 billion, up 6.0% from FY2024.
- EBITDA has a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- By year, EBITDA came in at $5.42 billion in FY2024 (+30.7%), $4.15 billion in FY2023 (-31.2%), $6.03 billion in FY2022 (+7.1%) and $5.63 billion in FY2021 (+35.4%).
- Five-year quarterly EBITDA spans a low of $550 million in Q1 2024 and a high of $1.94 billion in Q3 2024.
- Year over year, EBITDA has now declined in each of the last four quarters, with growth averaging 28.2% over the last eight quarters.
- The high point for year-over-year EBITDA in five years was Q1 2025 (growth of 171.3%); the low point was Q1 2024 (a decline of 46.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.23 billion (Q1 2026), $1.29 billion (Q4 2025) and $1.45 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 3.40 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.92 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.44 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 1.91 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.48 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 2.68 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 2.52 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 557.01 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 1.15 Bn |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 Mn | 523.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.48 Bn |
| Mar 31, 2026 | 1.23 Bn |
| Dec 31, 2025 | 1.29 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.52 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.47 Bn |
| Sep 30, 2024 | 1.94 Bn |
| Jun 30, 2024 | 1.47 Bn |
| Mar 31, 2024 | 550.00 Mn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 897.00 Mn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 1.49 Bn |
| Sep 30, 2022 | 1.58 Bn |
| Jun 30, 2022 | 1.58 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.43 Bn |
| Sep 30, 2021 | 1.43 Bn |
API Access
Norfolk Southern EBITDA 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=ebitda&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();