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% quarter-over-quarter from 25.72% in Q4 2025.
Norfolk Southern (NSC) EBT Margin (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has 18 years of EBT Margin data on file, last reported at 23.85% in Q1 2026.
- EBT Margin for Q1 2026 came in at 23.85%, down 883.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.92% (down 739.0% YoY), and the FY2025 annual result was 30.09%, up 263.0% from the prior year.
- EBT Margin retreated to 23.85% in Q1 2026 per NSC's latest filing, from 25.72% 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 27.02% and a median of 30.69% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2023 and 2025: EBT Margin plunged 1791 bps in 2023, then jumped 3168 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 32.07% in 2022, then slumped by 34 bps to 21.18% in 2023, then soared by 45 bps to 30.69% in 2024, then decreased by 16 bps to 25.72% in 2025, then declined by 7 bps to 23.85% in 2026.
- Business Quant data shows NSC's EBT Margin at 23.85% in Q1 2026, 25.72% in Q4 2025, and 29.78% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 35.85% |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 30.53% |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 23.85% |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 30.26% |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 15.90% |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 7.13% |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 1.94% |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 1.16% |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | -482.40% |
| 10 | FreightCar America | 178.32 Mn | 114.02 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% |