TTM
$5.52B
YoY change
+6.6%
5Y CAGR
+6.3%
Peak year (2022)
$6.04B
Cumulative EBITDA
$117.03B
EBITDA history chart for Norfolk Southern (NSC) from 1985 to 2025
Latest: $5.85B
EBITDA growth chart for Norfolk Southern (NSC) from 1985 to 2025
Latest: +6.6%
EBITDA history table for Norfolk Southern (NSC) from 1985 to 2025
| 2025 | $5.85B | +6.6% | +$361.00M | ||
| 2024 | $5.49B | +26.5% | +$1.15B | ||
| 2023 | $4.34B | -28.2% | −$1.70B | ||
| 2022 | $6.04B | +5.9% | +$338.00M | ||
| 2021 | $5.71B | +32.4% | +$1.40B | ||
| 2020 | $4.31B | -17.7% | −$924.00M | ||
| 2019 | $5.23B | +2.0% | +$105.00M | ||
| 2018 | $5.13B | +8.3% | +$395.00M | ||
| 2017 | $4.73B | +12.4% | +$521.00M | ||
| 2016 | $4.21B | +3.0% | +$122.00M | ||
| 2015 | $4.09B | -12.0% | −$557.00M | ||
| 2014 | $4.65B | +5.0% | +$223.00M | ||
| 2013 | $4.42B | +6.0% | +$249.00M | ||
| 2012 | $4.17B | -1.6% | −$67.00M | ||
| 2011 | $4.24B | +15.6% | +$571.00M | ||
| 2010 | $3.67B | +24.9% | +$732.00M | ||
| 2009 | $2.94B | -26.7% | −$1.07B | ||
| 2008 | $4.01B | +14.8% | +$518.00M | ||
| 2007 | $3.49B | +0.5% | +$18.00M | ||
| 2006 | $3.47B | +16.4% | +$489.00M | ||
| 2005 | $2.98B | +23.5% | +$567.00M | ||
| 2004 | $2.42B | +127.2% | +$1.35B | ||
| 2003 | $1.06B | -8.1% | −$94.00M | ||
| 2002 | $1.16B | +185.2% | +$752.00M | ||
| 2001 | $406.00M | -53.1% | −$460.00M | ||
| 2000 | $866.00M | -7.0% | −$65.00M | ||
| 1999 | $931.00M | -29.0% | −$381.00M | ||
| 1998 | $1.31B | -23.8% | −$410.00M | ||
| 1997 | $1.72B | +10.9% | +$169.20M | ||
| 1996 | $1.55B | +7.6% | +$109.30M | ||
| 1995 | $1.44B | +0.9% | +$12.30M | ||
| 1994 | $1.43B | +26.8% | +$302.10M | ||
| 1993 | $1.13B | -4.7% | −$56.20M | ||
| 1992 | $1.19B | +227.4% | +$823.30M | ||
| 1991 | $362.00M | -65.1% | −$673.80M | ||
| 1990 | $1.04B | +2.1% | +$21.80M | ||
| 1989 | $1.01B | -19.3% | −$243.00M | ||
| 1988 | $1.26B | +209.0% | +$850.20M | ||
| 1987 | $406.80M | -58.6% | −$576.10M | ||
| 1986 | $982.90M | +1.0% | +$9.70M | ||
| 1985 | $973.20M | — | — |
- 2025$5.85B+6.6%
- 2024$5.49B+26.5%
- 2023$4.34B-28.2%
- 2022$6.04B+5.9%
- 2021$5.71B+32.4%
- 2020$4.31B-17.7%
- 2019$5.23B+2.0%
- 2018$5.13B+8.3%
- 2017$4.73B+12.4%
- 2016$4.21B+3.0%
- 2015$4.09B-12.0%
- 2014$4.65B+5.0%
- 2013$4.42B+6.0%
- 2012$4.17B-1.6%
- 2011$4.24B+15.6%
- 2010$3.67B+24.9%
- 2009$2.94B-26.7%
- 2008$4.01B+14.8%
- 2007$3.49B+0.5%
- 2006$3.47B+16.4%
- 2005$2.98B+23.5%
- 2004$2.42B+127.2%
- 2003$1.06B-8.1%
- 2002$1.16B+185.2%
- 2001$406.00M-53.1%
- 2000$866.00M-7.0%
- 1999$931.00M-29.0%
- 1998$1.31B-23.8%
- 1997$1.72B+10.9%
- 1996$1.55B+7.6%
- 1995$1.44B+0.9%
- 1994$1.43B+26.8%
- 1993$1.13B-4.7%
- 1992$1.19B+227.4%
- 1991$362.00M-65.1%
- 1990$1.04B+2.1%
- 1989$1.01B-19.3%
- 1988$1.26B+209.0%
- 1987$406.80M-58.6%
- 1986$982.90M+1.0%
- 1985$973.20M—
EBITDA values are taken from Norfolk Southern's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Norfolk Southern (NSC)
According to Norfolk Southern's latest reported financial statements, the company's current EBITDA (TTM) is $5.52B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Norfolk Southern (NSC) EBITDA is $5.85B – grew 6.6% year-over-year.
Norfolk Southern EBITDA has grown for 2 consecutive years, with a +6.3% compound annual growth rate over 2020–2025 (5 years).
Norfolk Southern EBITDA edged down from $6.04B in 2022 to $5.85B in 2025, a 3.2% drawdown.
$6.04B stands as the all-time-high annual EBITDA, posted in 2022, against a low of $362.00M during 1991.
Norfolk Southern EBITDA by Year
Norfolk Southern EBITDA 2025: $5.85B
In 2025, Norfolk Southern reported EBITDA of $5.85B, grew 6.6% from 2024.
Norfolk Southern EBITDA 2024: $5.49B
Norfolk Southern EBITDA in 2024 was $5.49B, grew 26.5% from 2023.
Norfolk Southern EBITDA 2023: $4.34B
2023's EBITDA for Norfolk Southern came in at $4.34B, declined 28.2% below 2022.
Norfolk Southern EBITDA 2022: $6.04B
Norfolk Southern posted EBITDA of $6.04B in 2022, grew 5.9% from 2021. This figure represents the highest annual value in the available history.
Norfolk Southern EBITDA 2021: $5.71B
Norfolk Southern EBITDA in 2021 was $5.71B.
See more financial history for Norfolk Southern (NSC).
Sector peers by EBITDA
Industrials peers of Norfolk Southern (NSC), ranked by their latest EBITDA
| $14.95B | |
| $14.86B | |
| $12.95B | |
| $12.06B | |
| $11.66B | |
| $7.36B | |
| $5.95B | |
| $4.29B |
- $14.95B
- $14.86B
- $12.95B
- $12.06B
- $11.66B
- $7.36B
- $5.95B
- $4.29B
Frequently asked questions
Norfolk Southern (NSC) Key Financials
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