Norfolk Southern (NSC) EBT Margin (2009 - 2026)
Norfolk Southern (NSC) posted quarterly EBT Margin of 27.68% for Q2 2026, down 441.0% year-over-year from 8.12% in Q2 2025, and up 16.05% quarter-over-quarter from 23.85% in Q1 2026.
Norfolk Southern (NSC) EBT Margin (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported EBT Margin for 18 consecutive years, with 27.68% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 441.0% year-over-year to 27.68%; the TTM figure through Jun 2026 stood at 26.82% (down 875.0% YoY), while the FY2025 annual figure was 30.09%, up 263.0% from the prior year.
- EBT Margin climbed to 27.68% in Q2 2026 per NSC's latest filing, from 23.85% 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.
- Historically, EBT Margin has averaged 27.06% across 5 years, with a median of 30.23% in 2024.
- Annual changes were most pronounced in 2023 — EBT Margin plunged 1791 bps — and 2025, when it jumped 3168 bps.
- Norfolk Southern's EBT Margin stood at 32.07% in 2022, then tumbled by 34 bps to 21.18% in 2023, then jumped by 45 bps to 30.69% in 2024, then slipped by 16 bps to 25.72% in 2025, then advanced by 8 bps to 27.68% in 2026.
- Business Quant data shows NSC's EBT Margin at 27.68% in Q2 2026, 23.85% in Q1 2026, and 25.72% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 37.22% |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 33.55% |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 32.64% |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | 34.73% |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | 27.68% |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 16.29% |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 27.62% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 2.67% |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 3.93% |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.68% |
| 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% |