Norfolk Southern (NSC) Retained Earnings (2009 - 2026)

Norfolk Southern (NSC) reported Retained Earnings of $13.5 billion for Q1 2026, up 5263.6% year-over-year from $251.3 million in Q1 2025, and up 6517.62% quarter-over-quarter from -$210.0 million in Q4 2025.

Norfolk Southern (NSC) Retained Earnings (2009 - 2026) Analysis & Trends

Norfolk Southern (NSC) has 18 years of Retained Earnings data on file, last reported at $13.5 billion in Q1 2026.

  • Retained Earnings for Q1 2026 came in at $13.5 billion, up 5263.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.5 billion (up 5263.6% YoY), and the FY2025 annual result was -$210.0 million, down 101.74% from the prior year.
  • Retained Earnings improved to $13.5 billion in Q1 2026 per NSC's latest filing, from -$210.0 million in the prior quarter.
  • Over five years, Retained Earnings peaked at $13.5 billion in Q1 2026 and troughed at -$394.0 million in Q1 2022.
  • A 5-year average of $7.3 billion and a median of $10.7 billion in 2023 frame the typical range for Retained Earnings.
  • The sharpest annual moves came in 2023 and 2026: Retained Earnings slumped 103.23% in 2023, then jumped 5263.6% in 2026.
  • A 5-year view of Retained Earnings shows it stood at -$351.0 million in 2022, then surged by 3147.01% to $10.7 billion in 2023, then rose by 13.07% to $12.1 billion in 2024, then slumped by 101.74% to -$210.0 million in 2025, then soared by 6517.62% to $13.5 billion in 2026.
  • Business Quant data shows NSC's Retained Earnings at $13.5 billion in Q1 2026, -$210.0 million in Q4 2025, and $12.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 70.41 Bn
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 10.89 Bn
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 13.48 Bn
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 1.29 Bn
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn -689.00 Mn
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 1.08 Bn
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 1.23 Bn
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn -22.08 Mn
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 -107.77 Mn
10 FreightCar America 178.32 Mn 114.02 Mn - -182.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.48 Bn
Dec 31, 2025 -210.00 Mn
Sep 30, 2025 12.89 Bn
Jun 30, 2025 12.56 Bn
Mar 31, 2025 -261.00 Mn
Dec 31, 2024 12.09 Bn
Sep 30, 2024 -332.00 Mn
Jun 30, 2024 10.87 Bn
Mar 31, 2024 10.44 Bn
Dec 31, 2023 10.70 Bn
Sep 30, 2023 10.59 Bn
Jun 30, 2023 -359.00 Mn
Mar 31, 2023 10.70 Bn
Dec 31, 2022 -351.00 Mn
Sep 30, 2022 10.99 Bn
Jun 30, 2022 11.12 Bn
Mar 31, 2022 -394.00 Mn
Dec 31, 2021 11.59 Bn
Sep 30, 2021 -571.00 Mn
Jun 30, 2021 12.41 Bn