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Norfolk Southern NSC Reportable Segment — Purchased services

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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×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Norfolk Southern in its filing.

Tagged under the XBRL concept nsc:PurchasedServices.

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 reportable segment — purchased services?
Norfolk Southern (NSC) reported reportable segment — purchased services of $418M in Q1 2026.
How has Norfolk Southern's reportable segment — purchased services changed year-over-year?
Norfolk Southern's reportable segment — purchased services increased by 4.2% year-over-year, from $401M to $418M.
What does reportable segment — purchased services mean?
This represents expenses paid to third-party vendors for services such as maintenance, logistics support, or specialized technical assistance. It reflects the company's reliance on external partners versus internal capabilities.