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Norfolk Southern NSC Materials and other

Materials and other at other companies

OGS
ONE GASOGS
$96.67M+1.2%
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AXTAXTI
$7.64M-7.6%
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$277M+38.5%
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WestlakeWLK
$1.63B-8.4%

Other financials

Income statement

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Revenue$3.5B+11.4%
Operating income$1.1B-4.3%
Net income$734.0M-4.4%
EPS (diluted)$3.26-4.4%

Balance sheet

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Cash & equivalents$1.1B-18.0%
Total debt$16.6B
Total equity$16.3B+9.9%
Total assets$45.1B+2.2%

Cash flow

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Operating cash flow$1.1B-2.1%
CapEx$439.0M-7.6%
Free cash flow$615.0M+2.2%

Valuation

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Market cap$75.1B+20.3%
Enterprise value$90.65B
P/E28.5×+9.9×
P/S+0.9×

Profitability

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Operating margin32.2%-9.3pp
Net margin21%-6.5pp
FCF margin13%-3.6pp

Returns & leverage

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Return on equity17%-7.1pp
Debt / equity
Current ratio0.8×0.0×

Where this comes from

Reported directly by Norfolk Southern in its filing.

Tagged under the XBRL concept nsc:MaterialsAndOtherExpenseIncome.

The source filing: Norfolk Southern’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 11:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049326
Line itemSecond Quarter / 2026Second Quarter / 2025First Six Months / 2026First Six Months / 2025
Purchased services and rents5505201,0721,018
Fuel405219661463
Depreciation358346710692
Materials and other212195401400
Merger-related expenses51103
Restructuring and other charges610610
Eastern Ohio incident15(47)25(232)
Total railway operating expenses2,3411,9354,4623,782

Item 1. Financial Statements

FAQ

What is Norfolk Southern's materials and other?
Norfolk Southern (NSC) reported materials and other of $212M in Q2 2026.
How has Norfolk Southern's materials and other changed year-over-year?
Norfolk Southern's materials and other increased by 8.7% year-over-year, from $195M to $212M.
What is the long-term trend for Norfolk Southern's materials and other?
Over 2 years (2022 to 2025), Norfolk Southern's materials and other has grown at a -5.7% compound annual growth rate (CAGR), from $713M to $634M.
What does materials and other mean?
This category encompasses the costs of materials, supplies, and miscellaneous operating expenses not captured in other specific line items. It serves as a catch-all for the day-to-day operational overhead required to keep the network functioning.

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