Norfolk Southern (NSC) EBITDA Margin (2009 - 2026)

Norfolk Southern (NSC) has 18 years of EBITDA Margin data on file, last reported at 40.99% in Q1 2026.

• EBITDA Margin for Q1 2026 came in at 40.99%, up 1590.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.84% (down 151.0% YoY), and the FY2025 annual result was 47.2%, up 246.0% from the prior year.
• EBITDA Margin fell to 40.99% in Q1 2026 per NSC's latest filing, from 43.38% in the prior quarter.
• Over five years, EBITDA Margin peaked at 63.42% in Q3 2024 and troughed at 1.7% in Q1 2024.
• A 5-year average of 33.03% and a median of 36.42% in 2023 frame the typical range for EBITDA Margin.
• The sharpest annual moves came in 2024 and 2025: EBITDA Margin surged 2700 bps in 2024, then tumbled 1682 bps in 2025.
• A 5-year view of EBITDA Margin shows it stood at 46.03% in 2022, then decreased by 20 bps to 37.03% in 2023, then surged by 32 bps to 48.71% in 2024, then declined by 11 bps to 43.38% in 2025, then retreated by 5 bps to 40.99% in 2026.
• Business Quant data shows NSC's EBITDA Margin at 40.99% in Q1 2026, 43.38% in Q4 2025, and 46.6% in Q3 2025.