Railway Operating Revenues Market Group Merchandise — Total
Norfolk Southern Railway Operating Revenues Market Group Merchandise — Total increased by 0.3% to $1.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $1.86B to $1.89B. Over 4 years (FY 2021 to FY 2025), Railway Operating Revenues Market Group Merchandise — Total shows an upward trend with a 3.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests robust industrial activity and healthy demand for raw materials and finished goods, while a decrease may indicate an economic slowdown or reduced manufacturing output.
Detailed definition
This metric represents the total railway operating revenue generated from the transportation of diverse industrial and c...
Peer comparison
Comparable to 'Merchandise' or 'Industrial Products' segments at other Class-I railroads, which typically track non-bulk and non-containerized freight volumes and revenues.
nsc_segment_merchandise_totalHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.68B | $1.71B | $1.67B | $1.67B | $1.85B | $1.93B | $1.88B | $1.88B | $1.83B | $1.80B | $1.85B | $1.86B | $1.90B | $1.86B | $1.84B | $1.86B | $1.97B | $1.97B | $1.88B | $1.89B |
| QoQ Change | — | +1.8% | -2.3% | +0.1% | +10.8% | +4.2% | -2.8% | +0.1% | -2.8% | -1.4% | +2.7% | +0.8% | +2.2% | -2.3% | -1.0% | +1.1% | +5.9% | -0.2% | -4.5% | +0.3% |
| YoY Change | — | — | — | — | +10.3% | +12.9% | +12.3% | +12.3% | -1.5% | -6.7% | -1.4% | -0.8% | +4.3% | +3.4% | -0.4% | +0.0% | +3.6% | +5.8% | +2.1% | +1.2% |
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Frequently Asked Questions
- What is Norfolk Southern's railway operating revenues market group merchandise — total?
- Norfolk Southern (NSC) reported railway operating revenues market group merchandise — total of $1.89B in Q1 2026.
- How has Norfolk Southern's railway operating revenues market group merchandise — total changed year-over-year?
- Norfolk Southern's railway operating revenues market group merchandise — total increased by 1.2% year-over-year, from $1.86B to $1.89B.
- What is the long-term trend for Norfolk Southern's railway operating revenues market group merchandise — total?
- Over 4 years (2021 to 2025), Norfolk Southern's railway operating revenues market group merchandise — total has grown at a 3.6% compound annual growth rate (CAGR), from $6.67B to $7.68B.
- What does railway operating revenues market group merchandise — total mean?
- The total revenue earned from transporting a wide variety of industrial and consumer goods, excluding coal and intermodal shipments.