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Norfolk Southern NSC Total Revenue

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Segments

By segment

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Railway Operating Revenues Market Group Merchandise$1.89B+1.2%
Railway Operating Revenues Market Group Intermodal$749M-1.4%
Railway Operating Revenues Market Group Coal$364M-1.6%

Other financials

Income statement

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 total revenue?
Norfolk Southern (NSC) reported total revenue of $3B in Q1 2026.
How has Norfolk Southern's total revenue changed year-over-year?
Norfolk Southern's total revenue increased by 0.2% year-over-year, from $2.99B to $3B.
What is the long-term trend for Norfolk Southern's total revenue?
Over 4 years (2021 to 2025), Norfolk Southern's total revenue has grown at a 2.3% compound annual growth rate (CAGR), from $11.14B to $12.18B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.