Norfolk Southern (NSC) Shares Outstanding (2009 - 2026)

Norfolk Southern (NSC) has 18 years of Shares Outstanding data on file, last reported at $224.6 million in Q1 2026.

• Quarterly Shares Outstanding changed 0.38% year-over-year to $224.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $224.6 million (changed 0.38% YoY) and the FY2025 annual result came in at $224.4 million, down 0.84% from the prior year.
• Shares Outstanding steadied at $224.6 million in Q1 2026 per NSC's latest filing, from $224.4 million in the prior quarter.
• Across five years, Shares Outstanding topped out at $238.3 million in Q1 2022 and bottomed at $224.4 million in Q3 2025.
• The 5-year median for Shares Outstanding is $226.1 million (2023), against an average of $227.5 million.
• The widest annual swing landed in 2022, when Shares Outstanding retreated 5.03%; it then grew 0.28% in 2024.
• Tracing NSC's Shares Outstanding over 5 years: stood at $228.1 million in 2022, then dropped by 1.05% to $225.7 million in 2023, then gained by 0.28% to $226.3 million in 2024, then dropped by 0.84% to $224.4 million in 2025, then increased by 0.08% to $224.6 million in 2026.
• Per Business Quant, the three latest NSC Shares Outstanding figures stand at $224.6 million (Q1 2026), $224.4 million (Q4 2025), and $224.4 million (Q3 2025).

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