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Norfolk Southern NSC Total costs & expenses

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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$75.35B+20.8%
Enterprise value$90.9B
P/E28.6×+10.0×
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 us-gaap:CostsAndExpenses.

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
Merger-related expenses51103
Restructuring and other charges610610
Eastern Ohio incident15(47)25(232)
Total railway operating expenses2,3411,9354,4623,782
Income from railway operations1,1241,1752,0012,321
Other income – net32246755
Interest expense on debt197201394400
Income before income taxes9599981,6741,976

Item 1. Financial Statements

FAQ

What is Norfolk Southern's total costs & expenses?
Norfolk Southern (NSC) reported total costs & expenses of $2.34B in Q2 2026.
How has Norfolk Southern's total costs & expenses changed year-over-year?
Norfolk Southern's total costs & expenses increased by 21.0% year-over-year, from $1.94B to $2.34B.
What is the long-term trend for Norfolk Southern's total costs & expenses?
Over 4 years (2021 to 2025), Norfolk Southern's total costs & expenses has grown at a 4.0% compound annual growth rate (CAGR), from $6.7B to $7.82B.
What does total costs & expenses mean?
This metric represents the aggregate sum of all operating costs incurred by the company to generate revenue during a specific reporting period. It encompasses essential expenditures such as labor, fuel, maintenance, depreciation, and administrative overhead required to maintain rail operations and infrastructure. Monitoring this figure allows investors to evaluate the company's overall cost structure and operational efficiency in managing its core business activities.

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