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

Norfolk Southern (NSC) has reported FCF Margin for 18 consecutive years, with 17.75% the latest figure, recorded in Q2 2026.

• On a quarterly basis, FCF Margin fell 161.0% year-over-year to 17.75% in Q2 2026; TTM through Jun 2026 was 13.01%, a 787.0% decrease from a year earlier, with the FY2025 full-year figure at 17.71%, up 393.0% from the prior year.
• FCF Margin was 17.75% for Q2 2026 at Norfolk Southern, up from 1.27% in the prior quarter.
• Over five years, FCF Margin peaked at 38.12% in Q3 2024 and troughed at 26.73% in Q1 2024.
• A 5-year average of 13.35% and a median of 17.12% in 2025 frame the typical range for FCF Margin.
• Across the five-year window, FCF Margin sank 5052 bps in 2024 and surged 4347 bps in 2025, its largest moves.
• Over 5 years, FCF Margin stood at 4.08% in 2022, then plunged by 230 bps to 5.3% in 2023, then surged by 272 bps to 9.13% in 2024, then rose by 23 bps to 11.23% in 2025, then soared by 58 bps to 17.75% in 2026.
• The last three FCF Margin figures came in at 17.75% (Q2 2026), 1.27% (Q1 2026), and 11.23% (Q4 2025), per Business Quant data.