Norfolk Southern (NSC) EBT Margin (2009 - 2026)
Norfolk Southern's (NSC) quarterly EBT Margin came in at 27.68% in 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.
Analysis
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.
- On a quarterly basis, EBT Margin fell 441.0% year-over-year to 27.68% in Q2 2026; TTM through Jun 2026 was 26.82%, a 875.0% decrease from a year earlier, with the FY2025 full-year figure at 30.09%, up 263.0% from the prior year.
- EBT Margin was 27.68% for Q2 2026 at Norfolk Southern, up from 23.85% in the prior quarter.
- Over five years, EBT Margin peaked at 46.77% in Q3 2024 and troughed at 1.0% in Q1 2024.
- A 5-year average of 27.06% and a median of 30.23% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin sank 1791 bps in 2023 and soared 3168 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 32.07% in 2022, then tumbled by 34 bps to 21.18% in 2023, then surged by 45 bps to 30.69% in 2024, then retreated by 16 bps to 25.72% in 2025, then rose by 8 bps to 27.68% in 2026.
- The last three EBT Margin figures came in at 27.68% (Q2 2026), 23.85% (Q1 2026), and 25.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 169.11 Bn | 167.00 Bn | 6.50 Bn | 37.22% |
| 2 | Csx | 90.43 Bn | 89.04 Bn | 3.29 Bn | 33.55% |
| 3 | Canadian Pacific Kansas City | 78.70 Bn | 78.44 Bn | 2.92 Bn | 32.64% |
| 4 | Norfolk Southern | 72.38 Bn | 71.31 Bn | - | 27.68% |
| 5 | FTAI Infrastructure | 390.53 Mn | 250.58 Mn | 69.44 Mn | -80.86% |
Historic Data
Download Data
Historic 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% |