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

Norfolk Southern (NSC) has 18 years of Shares Outstanding (Weighted Average) data on file, last reported at $224.5 million in Q1 2026.

• Quarterly Shares Outstanding (Weighted Average) fell 0.71% year-over-year to $224.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $224.5 million (down 0.71% YoY) and the FY2025 annual result came in at $225.0 million, changed 0.49% from the prior year.
• Shares Outstanding (Weighted Average) held at $224.5 million in Q1 2026 per NSC's latest filing, from $225.0 million in the prior quarter.
• Across five years, Shares Outstanding (Weighted Average) topped out at $239.3 million in Q1 2022 and bottomed at $224.5 million in Q1 2026.
• The 5-year median for Shares Outstanding (Weighted Average) is $226.1 million (2024), against an average of $228.4 million.
• The widest annual swing landed in 2022, when Shares Outstanding (Weighted Average) slipped 6.16%; it then rose 0.13% in 2025.
• Tracing NSC's Shares Outstanding (Weighted Average) over 5 years: stood at $234.8 million in 2022, then decreased by 3.36% to $226.9 million in 2023, then fell by 0.35% to $226.1 million in 2024, then retreated by 0.49% to $225.0 million in 2025, then declined by 0.22% to $224.5 million in 2026.
• Per Business Quant, the three latest NSC Shares Outstanding (Weighted Average) figures stand at $224.5 million (Q1 2026), $225.0 million (Q4 2025), and $225.2 million (Q3 2025).

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