Norfolk Southern (NSC) Shares Outstanding (Entity) (2009 - 2026)
Norfolk Southern (NSC) posted Shares Outstanding (Entity) of 224.61 million for Q2 2026, unchanged from 224.61 million a year earlier and unchanged from the prior quarter.
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Analysis
Norfolk Southern (NSC) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Norfolk Southern's Shares Outstanding (Entity) came in at 224.42 million, down 0.8% from FY2024.
- Annual Shares Outstanding (Entity) shows a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In prior years, Norfolk Southern's Shares Outstanding (Entity) was 226.32 million in FY2024 (+0.3%), 225.68 million in FY2023 (-1.1%), 228.08 million in FY2022 (-5.0%) and 240.16 million in FY2021 (-4.7%).
- Quarterly Shares Outstanding (Entity) has run from a low of 224.39 million in Q3 2025 to a high of 243.34 million in Q3 2021 over five years.
- On a year-over-year basis, Shares Outstanding (Entity) increased in 1 of the last eight quarters, with an average decline of 0.3%.
- The strongest year-over-year quarter for Shares Outstanding (Entity) in the past five years was Q4 2024, with growth of 0.3%; the weakest was Q4 2022, with a decline of 5.0%.
- According to Business Quant data, Shares Outstanding (Entity) for the three prior quarters was 224.59 million (Q1 2026), 224.42 million (Q4 2025) and 224.39 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 593.96 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 1.85 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 879.08 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 749.35 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 224.61 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 236.58 Mn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 657.62 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 207.47 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | - |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 926.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 224.61 Mn |
| Mar 31, 2026 | 224.59 Mn |
| Dec 31, 2025 | 224.42 Mn |
| Sep 30, 2025 | 224.39 Mn |
| Jun 30, 2025 | 224.61 Mn |
| Mar 31, 2025 | 225.44 Mn |
| Dec 31, 2024 | 226.32 Mn |
| Sep 30, 2024 | 226.24 Mn |
| Jun 30, 2024 | 226.10 Mn |
| Mar 31, 2024 | 225.91 Mn |
| Dec 31, 2023 | 225.68 Mn |
| Sep 30, 2023 | 226.14 Mn |
| Jun 30, 2023 | 227.02 Mn |
| Mar 31, 2023 | 227.64 Mn |
| Dec 31, 2022 | 228.08 Mn |
| Sep 30, 2022 | 231.51 Mn |
| Jun 30, 2022 | 234.87 Mn |
| Mar 31, 2022 | 238.33 Mn |
| Dec 31, 2021 | 240.16 Mn |
| Sep 30, 2021 | 243.34 Mn |
API Access
Norfolk Southern Shares Outstanding (Entity) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "NSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();