When did Norfolk Southern report Q3 2025 earnings?

Norfolk Southern (NSC) reported Q3 2025 earnings on October 23, 2025 after market close.

What were Norfolk Southern's Q3 2025 revenue and EPS?

Norfolk Southern reported revenue of $3.1B and diluted EPS of $3.30 for Q3 2025.

Did Norfolk Southern beat estimates in Q3 2025?

Revenue missed the consensus estimate of $3.1B by $8.7M. EPS beat the consensus estimate of $3.19 by $0.11.

Where can I find Norfolk Southern's Q3 2025 SEC filings?

You can read the 10-Q periodic report (0001628280-25-046128) directly on SEC EDGAR. The filing index links above go to sec.gov.

Norfolk Southern NSC Q3 2025 earnings

Reported October 23, 2025 · After market close

Revenue$3.1BMiss by $8.7M Diluted EPS$3.30Beat by $0.11

Revenue estimate$3.1B

EPS estimate$3.19

Next report

Aug 4, 2026 (in a month)

Revenue estimate$3.3B

EPS estimate$3.12

Financials

Q3 2025

Income statement

See full

Revenue$3.1B+1.7%

Operating income$1.1B-31.2%

Net income$711.0M-35.3%

EPS (diluted)$3.16-34.8%

Balance sheet

See full

Cash & equivalents$1.4B+45.4%

Total equity$15.1B+9.8%

Total assets$44.6B+3.1%

Cash flow

See full

Operating cash flow$1.3B+3.7%

CapEx$551.0M-5.2%

Free cash flow$720.0M+11.6%

Valuation & ratios

Valuation

as of 09/30/25

See full

Market cap$67.4B+20.0%

P/E22.8×-0.5×

P/S5.5×+0.9×

Profitability

See full

Operating margin37.2%+6.4pp

Net margin24.2%+4.4pp

FCF margin17.2%—

Returns & leverage

See full

Return on equity20.5%+2.2pp

Current ratio0.9×+0.1×

Segments

By segment

See full

Railway Operating Revenues Market Group Merchandise$2.0B+5.8%

Railway Operating Revenues Market Group Intermodal$759.0M-0.5%

Railway Operating Revenues Market Group Coal$375.0M-12.2%

Versus estimates

Revenue

Q1 2026$3.0BBeat by $4.3M Q4 2025$3.0BMiss by $27.0M

Q3 2025$3.1BMiss by $8.7M

Q2 2025$3.1BMiss by $18.2M Q1 2025$3.0BBeat by $22.2M Q4 2024$3.0BBeat by $9.1M

Diluted EPS

Q1 2026$2.65Beat by $0.16 Q4 2025$3.22Beat by $0.46

Q3 2025$3.30Beat by $0.11

Q2 2025$3.29Miss by $0.02 Q1 2025$2.69Beat by $0.03 Q4 2024$3.04Beat by $0.10

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Questions, answered.

When did Norfolk Southern report Q3 2025 earnings?: Norfolk Southern (NSC) reported Q3 2025 earnings on October 23, 2025 after market close.
What were Norfolk Southern's Q3 2025 revenue and EPS?: Norfolk Southern reported revenue of $3.1B and diluted EPS of $3.30 for Q3 2025.
Did Norfolk Southern beat estimates in Q3 2025?: Revenue missed the consensus estimate of $3.1B by $8.7M. EPS beat the consensus estimate of $3.19 by $0.11.
Where can I find Norfolk Southern's Q3 2025 SEC filings?: You can read the 10-Q periodic report (0001628280-25-046128) directly on SEC EDGAR. The filing index links above go to sec.gov.