Norfolk Southern (NSC) Operating Income (2009 - 2026)
Norfolk Southern (NSC) posted quarterly Operating Income of $1.1 billion for Q2 2026, down 4.34% year-over-year from $1.2 billion in Q2 2025, and up 28.16% quarter-over-quarter from $877.0 million in Q1 2026.
Norfolk Southern (NSC) Operating Income (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported Operating Income for 18 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 4.34% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $4.0 billion (down 20.05% YoY), while the FY2025 annual figure was $4.4 billion, up 7.0% from the prior year.
- Operating Income improved to $1.1 billion in Q2 2026 per NSC's latest filing, from $877.0 million in the prior quarter.
- Across five years, Operating Income topped out at $1.6 billion in Q3 2024 and bottomed at $213.0 million in Q1 2024.
- Historically, Operating Income has averaged $1.0 billion across 5 years, with a median of $1.1 billion in 2025.
- Annual changes were most pronounced in 2024 — Operating Income sank 70.04% — and 2025, when it jumped 438.03%.
- Norfolk Southern's Operating Income stood at $1.2 billion in 2022, then sank by 31.58% to $808.0 million in 2023, then jumped by 39.98% to $1.1 billion in 2024, then dropped by 17.15% to $937.0 million in 2025, then climbed by 19.96% to $1.1 billion in 2026.
- Business Quant data shows NSC's Operating Income at $1.1 billion in Q2 2026, $877.0 million in Q1 2026, and $937.0 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.93 Bn | 178.82 Bn | 6.50 Bn | 2.76 Bn |
| 2 | Csx | 95.24 Bn | 93.85 Bn | 3.29 Bn | 1.51 Bn |
| 3 | Canadian Pacific Kansas City | 84.71 Bn | 84.44 Bn | 2.92 Bn | 1.06 Bn |
| 4 | Canadian National Railway | 79.07 Bn | 79.07 Bn | - | - |
| 5 | Norfolk Southern | 78.30 Bn | 77.23 Bn | - | 1.12 Bn |
| 6 | Westinghouse Air Brake Technologies | 49.70 Bn | 49.03 Bn | 1.16 Bn | 600.00 Mn |
| 7 | Trinity Industries | 2.35 Bn | 2.19 Bn | 109.90 Mn | 199.80 Mn |
| 8 | Greenbrier Companies | 1.42 Bn | 1.14 Bn | 81.10 Mn | 31.90 Mn |
| 9 | Foster L B | 390.45 Mn | 384.67 Mn | 30.87 Mn | 6.15 Mn |
| 10 | FreightCar America | 234.70 Mn | 170.40 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.12 Bn |
| Mar 31, 2026 | 877.00 Mn |
| Dec 31, 2025 | 937.00 Mn |
| Sep 30, 2025 | 1.10 Bn |
| Jun 30, 2025 | 1.18 Bn |
| Mar 31, 2025 | 1.15 Bn |
| Dec 31, 2024 | 1.13 Bn |
| Sep 30, 2024 | 1.60 Bn |
| Jun 30, 2024 | 1.13 Bn |
| Mar 31, 2024 | 213.00 Mn |
| Dec 31, 2023 | 808.00 Mn |
| Sep 30, 2023 | 756.00 Mn |
| Jun 30, 2023 | 576.00 Mn |
| Mar 31, 2023 | 711.00 Mn |
| Dec 31, 2022 | 1.18 Bn |
| Sep 30, 2022 | 1.27 Bn |
| Jun 30, 2022 | 1.27 Bn |
| Mar 31, 2022 | 1.09 Bn |
| Dec 31, 2021 | 1.13 Bn |
| Sep 30, 2021 | 1.14 Bn |