What is Norfolk Southern's income tax?

Norfolk Southern (NSC) reported income tax of $168M in Q1 2026.

How has Norfolk Southern's income tax changed year-over-year?

Norfolk Southern's income tax decreased by 26.3% year-over-year, from $228M to $168M.

What is the long-term trend for Norfolk Southern's income tax?

Over 4 years (2021 to 2025), Norfolk Southern's income tax has grown at a -2.4% compound annual growth rate (CAGR), from $873M to $792M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Norfolk Southern NSC Income Tax

Income Tax at other companies

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$21.4M+16.3%

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-$13.02M-117%

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Other financials

Income statement

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Revenue$3.0B+0.2%

Operating income$877.0M-23.5%

Net income$547.0M-27.1%

EPS (diluted)$2.43-26.6%

Balance sheet

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Cash & equivalents$1.3B+33.3%

Total debt$236.0M-17.2%

Total equity$15.8B+8.9%

Total assets$45.1B+3.0%

Cash flow

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Operating cash flow$344.0M-63.8%

CapEx$382.0M-14.9%

Free cash flow-$38.0M-108%

Valuation

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Market cap$70.09B+22.8%

P/E26.3×+9.1×

P/S5.8×+1.0×

Profitability

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Operating margin33.5%-7.8pp

Net margin21.9%-5.5pp

FCF margin13.3%-2.3pp

Returns & leverage

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Return on equity17.6%-6.9pp

Debt / equity0×0.0×

Current ratio0.9×+0.1×

Where this comes from

Reported directly by Norfolk Southern in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Norfolk Southern’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Norfolk Southern's income tax?: Norfolk Southern (NSC) reported income tax of $168M in Q1 2026.
How has Norfolk Southern's income tax changed year-over-year?: Norfolk Southern's income tax decreased by 26.3% year-over-year, from $228M to $168M.
What is the long-term trend for Norfolk Southern's income tax?: Over 4 years (2021 to 2025), Norfolk Southern's income tax has grown at a -2.4% compound annual growth rate (CAGR), from $873M to $792M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.