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Net margin at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
27.2%+1.2pp
Union Pacific logo
Union PacificUNP
29.2%+1.4pp
CSX logo
CSXCSX
21.6%-1.1pp
Wabtec logo
WabtecWAB
10.5%0.0pp
Old Dominion Freight Line logo
Old Dominion Freight LineODFL
18.5%-1.6pp
JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
5.1%+0.5pp

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 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$67.5B+20.2%
P/E25.3×+8.4×
P/S5.5×+0.9×

Profitability

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Operating margin33.5%-7.8pp

Returns & leverage

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Return on equity17.6%-6.9pp
Debt / equity0.0×
Current ratio0.9×+0.1×

Where this comes from

Calculated from Norfolk Southern’s reported figures.

Based on trailing twelve months.

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 net margin?
Norfolk Southern (NSC) reported net margin of 21.9% in Q1 2026.
How has Norfolk Southern's net margin changed year-over-year?
Norfolk Southern's net margin decreased by 20.0% year-over-year, from 27.4% to 21.9%.
What is the long-term trend for Norfolk Southern's net margin?
Over 4 years (2021 to 2025), Norfolk Southern's net margin has grown at a -0.1% compound annual growth rate (CAGR), from 103.3% to 102.7%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.