Norfolk Southern (NSC) EBT Margin (2009 - 2026)
Norfolk Southern (NSC) reported EBT Margin of 23.85% for Q1 2026, down 883.0% year-over-year from 3.05% in Q1 2025, and down 7.28% on a QoQ basis from 25.72% in Q4 2025.
Norfolk Southern (NSC) has 18 years of EBT Margin data on file, last reported at 23.85% in Q1 2026.
- Quarterly EBT Margin fell 883.0% year-over-year to 23.85% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.92% (down 739.0% YoY) and the FY2025 annual result came in at 30.09%, up 263.0% from the prior year.
- EBT Margin slipped to 23.85% in Q1 2026 per NSC's latest filing, from 25.72% in the prior quarter.
- Across five years, EBT Margin topped out at 46.77% in Q3 2024 and bottomed at 1.0% in Q1 2024.
- The 5-year median for EBT Margin is 30.69% (2024), against an average of 27.02%.
- The widest annual swing landed in 2023, when EBT Margin slumped 1791 bps; it then surged 3168 bps in 2025.
- Tracing NSC's EBT Margin over 5 years: stood at 32.07% in 2022, then plunged by 34 bps to 21.18% in 2023, then jumped by 45 bps to 30.69% in 2024, then fell by 16 bps to 25.72% in 2025, then slipped by 7 bps to 23.85% in 2026.
- Per Business Quant, the three latest NSC EBT Margin figures stand at 23.85% (Q1 2026), 25.72% (Q4 2025), and 29.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 35.85% |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 30.53% |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 23.85% |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 30.26% |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 15.90% |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 7.13% |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 1.94% |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 1.16% |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.85% |
| Dec 31, 2025 | 25.72% |
| Sep 30, 2025 | 29.78% |
| Jun 30, 2025 | 32.09% |
| Mar 31, 2025 | 32.68% |
| Dec 31, 2024 | 30.69% |
| Sep 30, 2024 | 46.77% |
| Jun 30, 2024 | 31.01% |
| Mar 31, 2024 | 1.00% |
| Dec 31, 2023 | 21.18% |
| Sep 30, 2023 | 20.67% |
| Jun 30, 2023 | 15.54% |
| Mar 31, 2023 | 18.90% |
| Dec 31, 2022 | 32.07% |
| Sep 30, 2022 | 32.70% |
| Jun 30, 2022 | 33.45% |
| Mar 31, 2022 | 31.29% |
| Dec 31, 2021 | 34.54% |
| Sep 30, 2021 | 34.57% |
| Jun 30, 2021 | 37.19% |
| Mar 31, 2021 | 32.82% |
| Dec 31, 2020 | 33.70% |
| Sep 30, 2020 | 28.89% |
| Jun 30, 2020 | 24.12% |
| Mar 31, 2020 | 16.61% |
| Dec 31, 2019 | 30.78% |
| Sep 30, 2019 | 30.55% |
| Jun 30, 2019 | 31.93% |
| Mar 31, 2019 | 30.32% |
| Dec 31, 2018 | 32.11% |
| Sep 30, 2018 | 30.81% |
| Jun 30, 2018 | 31.88% |
| Mar 31, 2018 | 26.02% |
| Dec 31, 2017 | 33.46% |
| Sep 30, 2017 | 29.96% |
| Jun 30, 2017 | 29.58% |
| Mar 31, 2017 | 25.44% |
| Dec 31, 2016 | 25.74% |
| Sep 30, 2016 | 27.93% |
| Jun 30, 2016 | 25.92% |
| Mar 31, 2016 | 24.79% |
| Dec 31, 2015 | 20.81% |
| Sep 30, 2015 | 26.69% |
| Jun 30, 2015 | 25.76% |
| Mar 31, 2015 | 19.28% |
| Dec 31, 2014 | 27.53% |
| Sep 30, 2014 | 29.51% |
| Jun 30, 2014 | 29.52% |
| Mar 31, 2014 | 20.60% |
| Dec 31, 2013 | 27.18% |
| Sep 30, 2013 | 26.49% |
| Jun 30, 2013 | 26.30% |
| Mar 31, 2013 | 25.46% |
| Dec 31, 2012 | 23.14% |
| Sep 30, 2012 | 23.77% |
| Jun 30, 2012 | 29.33% |
| Mar 31, 2012 | 23.45% |
| Dec 31, 2011 | 25.85% |
| Sep 30, 2011 | 30.60% |
| Jun 30, 2011 | 27.77% |
| Mar 31, 2011 | 19.66% |
| Dec 31, 2010 | 23.49% |
| Sep 30, 2010 | 29.07% |
| Jun 30, 2010 | 26.13% |
| Mar 31, 2010 | 20.38% |
| Dec 31, 2009 | 22.17% |
| Sep 30, 2009 | 23.32% |
| Jun 30, 2009 | 21.06% |
| Mar 31, 2009 | 14.57% |