Norfolk Southern (NSC) Operating Income (2009 - 2026)
Norfolk Southern (NSC) reported Operating Income of $877.0 million for Q1 2026, down 23.47% year-over-year from $1.1 billion in Q1 2025, and down 6.4% on a QoQ basis from $937.0 million in Q4 2025.
Norfolk Southern (NSC) has 18 years of Operating Income data on file, last reported at $877.0 million in Q1 2026.
- Quarterly Operating Income fell 23.47% year-over-year to $877.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.1 billion (down 18.33% YoY) and the FY2025 annual result came in at $4.4 billion, up 7.0% from the prior year.
- Operating Income eased to $877.0 million in Q1 2026 per NSC's latest filing, from $937.0 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.
- The 5-year median for Operating Income is $1.1 billion (2025), against an average of $997.9 million.
- The widest annual swing landed in 2024, when Operating Income tumbled 70.04%; it then surged 438.03% in 2025.
- Tracing NSC's Operating Income over 5 years: stood at $1.2 billion in 2022, then slumped by 31.58% to $808.0 million in 2023, then jumped by 39.98% to $1.1 billion in 2024, then retreated by 17.15% to $937.0 million in 2025, then retreated by 6.4% to $877.0 million in 2026.
- Per Business Quant, the three latest NSC Operating Income figures stand at $877.0 million (Q1 2026), $937.0 million (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 2.46 Bn |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 1.25 Bn |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 877.00 Mn |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 917.34 Mn |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 517.00 Mn |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 101.10 Mn |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 25.10 Mn |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 2.05 Mn |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - | -490,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.17 Bn |
| Mar 31, 2021 | 1.02 Bn |
| Dec 31, 2020 | 984.00 Mn |
| Sep 30, 2020 | 840.00 Mn |
| Jun 30, 2020 | 610.00 Mn |
| Mar 31, 2020 | 568.00 Mn |
| Dec 31, 2019 | 962.00 Mn |
| Sep 30, 2019 | 996.00 Mn |
| Jun 30, 2019 | 1.07 Bn |
| Mar 31, 2019 | 966.00 Mn |
| Dec 31, 2018 | 1.08 Bn |
| Sep 30, 2018 | 1.02 Bn |
| Jun 30, 2018 | 1.03 Bn |
| Mar 31, 2018 | 835.00 Mn |
| Dec 31, 2017 | 998.00 Mn |
| Sep 30, 2017 | 895.00 Mn |
| Jun 30, 2017 | 872.00 Mn |
| Mar 31, 2017 | 757.00 Mn |
| Dec 31, 2016 | 761.00 Mn |
| Sep 30, 2016 | 820.00 Mn |
| Jun 30, 2016 | 770.00 Mn |
| Mar 31, 2016 | 723.00 Mn |
| Dec 31, 2015 | 642.00 Mn |
| Sep 30, 2015 | 822.00 Mn |
| Jun 30, 2015 | 814.00 Mn |
| Mar 31, 2015 | 606.00 Mn |
| Dec 31, 2014 | 891.00 Mn |
| Sep 30, 2014 | 998.00 Mn |
| Jun 30, 2014 | 1.02 Bn |
| Mar 31, 2014 | 667.00 Mn |
| Dec 31, 2013 | 881.00 Mn |
| Sep 30, 2013 | 849.00 Mn |
| Jun 30, 2013 | 836.00 Mn |
| Mar 31, 2013 | 691.00 Mn |
| Dec 31, 2012 | 714.00 Mn |
| Sep 30, 2012 | 731.00 Mn |
| Jun 30, 2012 | 934.00 Mn |
| Mar 31, 2012 | 745.00 Mn |
| Dec 31, 2011 | 800.00 Mn |
| Sep 30, 2011 | 938.00 Mn |
| Jun 30, 2011 | 875.00 Mn |
| Mar 31, 2011 | 600.00 Mn |
| Dec 31, 2010 | 642.00 Mn |
| Sep 30, 2010 | 746.00 Mn |
| Jun 30, 2010 | 733.00 Mn |
| Mar 31, 2010 | 555.00 Mn |
| Dec 31, 2009 | 549.00 Mn |
| Sep 30, 2009 | 562.00 Mn |
| Jun 30, 2009 | 468.00 Mn |
| Mar 31, 2009 | 383.00 Mn |