Growth Metrics

Norfolk Southern (NSC) Net Margin (2016 - 2025)

Norfolk Southern (NSC) has disclosed Net Margin for 17 consecutive years, with 21.65% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin fell 259.0% to 21.65% in Q4 2025 year-over-year; TTM through Dec 2025 was 23.59%, a 196.0% increase, with the full-year FY2025 number at 23.59%, up 196.0% from a year prior.
  • Net Margin was 21.65% for Q4 2025 at Norfolk Southern, down from 22.91% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 36.02% in Q3 2024 to a low of 1.76% in Q1 2024.
  • A 5-year average of 22.54% and a median of 24.32% in 2022 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: plummeted -1325bps in 2023, then soared 2329bps in 2025.
  • Norfolk Southern's Net Margin stood at 26.65% in 2021, then decreased by -8bps to 24.41% in 2022, then fell by -30bps to 17.15% in 2023, then skyrocketed by 41bps to 24.24% in 2024, then decreased by -11bps to 21.65% in 2025.
  • Per Business Quant, the three most recent readings for NSC's Net Margin are 21.65% (Q4 2025), 22.91% (Q3 2025), and 24.69% (Q2 2025).