TTM
$2.64B
YoY change
+9.6%
5Y CAGR
+7.4%
Peak year (FY2017)
$5.4B
Cumulative net income
$57.6B
Net Income history chart for Norfolk Southern (NSC) from 2016 to 2025
Latest: $2.87B
Net Income growth chart for Norfolk Southern (NSC) from 2016 to 2025
Latest: +9.6%
Net Income history table for Norfolk Southern (NSC) from 1985 to 2025
| FY2025 | $2.87B | +9.6% | +$251M | ||
| FY2024 | $2.62B | +43.5% | +$795M | ||
| FY2023 | $1.83B | -44.1% | -$1.44B | ||
| FY2022 | $3.27B | +8.8% | +$265M | ||
| FY2021 | $3.01B | +49.3% | +$992M | ||
| FY2020 | $2.01B | -26.0% | -$709M | ||
| FY2019 | $2.72B | +2.1% | +$56M | ||
| FY2018 | $2.67B | -50.7% | -$2.74B | ||
| FY2017 | $5.4B | +224.0% | +$3.74B | ||
| FY2016 | $1.67B | +7.2% | +$112M | ||
| FY2015 | $1.56B | -22.2% | -$444M | ||
| FY2014 | $2B | +4.7% | +$90M | ||
| FY2013 | $1.91B | +9.2% | +$161M | ||
| FY2012 | $1.75B | -8.7% | -$167M | ||
| FY2011 | $1.92B | +28.1% | +$420M | ||
| FY2010 | $1.5B | +44.7% | +$462M | ||
| FY2009 | $1.03B | -39.7% | -$682M | ||
| FY2008 | $1.72B | +17.2% | +$252M | ||
| FY2007 | $1.46B | -1.1% | -$17M | ||
| FY2006 | $1.48B | +15.6% | +$200M | ||
| FY2005 | $1.28B | +38.8% | +$358M | ||
| FY2004 | $923M | +72.5% | +$388M | ||
| FY2003 | $535M | +16.3% | +$75M | ||
| FY2002 | $460M | +22.7% | +$85M | ||
| FY2001 | $375M | +118.0% | +$203M | ||
| FY2000 | $172M | -28.0% | -$67M | ||
| FY1999 | $239M | -67.4% | -$495M | ||
| FY1998 | $734M | +1.8% | +$13M | ||
| FY1997 | $721M | -6.4% | -$49.4M | ||
| FY1996 | $770M | +8.1% | +$57.7M | ||
| FY1995 | $713M | +6.7% | +$44.9M | ||
| FY1994 | $668M | -13.5% | -$104M | ||
| FY1993 | $772M | +38.4% | +$214M | ||
| FY1992 | $558M | +1777.8% | +$528M | ||
| FY1991 | $29.7M | -94.7% | -$526M | ||
| FY1990 | $556M | -8.3% | -$50.1M | ||
| FY1989 | $606M | -4.6% | -$28.9M | ||
| FY1988 | $635M | +268.4% | +$463M | ||
| FY1987 | $172M | -66.8% | -$346M | ||
| FY1986 | $519M | +3.7% | +$18.5M | ||
| FY1985 | $500M | — | — |
- FY2025$2.87B+9.6%
- FY2024$2.62B+43.5%
- FY2023$1.83B-44.1%
- FY2022$3.27B+8.8%
- FY2021$3.01B+49.3%
- FY2020$2.01B-26.0%
- FY2019$2.72B+2.1%
- FY2018$2.67B-50.7%
- FY2017$5.4B+224.0%
- FY2016$1.67B+7.2%
- FY2015$1.56B-22.2%
- FY2014$2B+4.7%
- FY2013$1.91B+9.2%
- FY2012$1.75B-8.7%
- FY2011$1.92B+28.1%
- FY2010$1.5B+44.7%
- FY2009$1.03B-39.7%
- FY2008$1.72B+17.2%
- FY2007$1.46B-1.1%
- FY2006$1.48B+15.6%
- FY2005$1.28B+38.8%
- FY2004$923M+72.5%
- FY2003$535M+16.3%
- FY2002$460M+22.7%
- FY2001$375M+118.0%
- FY2000$172M-28.0%
- FY1999$239M-67.4%
- FY1998$734M+1.8%
- FY1997$721M-6.4%
- FY1996$770M+8.1%
- FY1995$713M+6.7%
- FY1994$668M-13.5%
- FY1993$772M+38.4%
- FY1992$558M+1777.8%
- FY1991$29.7M-94.7%
- FY1990$556M-8.3%
- FY1989$606M-4.6%
- FY1988$635M+268.4%
- FY1987$172M-66.8%
- FY1986$519M+3.7%
- FY1985$500M—
Net Income 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 Net Income at Norfolk Southern (NSC)
According to Norfolk Southern's latest reported financial statements, the company's current net income (TTM) is $2.64B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Norfolk Southern (NSC) net income totalled $2.87B – grew 9.6% year-over-year.
Norfolk Southern net income has grown for 2 consecutive years, with a +7.4% compound annual growth rate over 2020–2025 (5 years).
Norfolk Southern net income plunged from $5.4B in 2017 to $2.87B in 2025, a 46.8% drawdown.
The record annual net income stands at $5.4B, reached in 2017; the historical low of $29.7M was recorded in 1991.
Norfolk Southern Net Income by Year
Norfolk Southern Net Income 2025: $2.87B
In 2025, Norfolk Southern reported net income of $2.87B, grew 9.6% from 2024.
Norfolk Southern Net Income 2024: $2.62B
Norfolk Southern net income in 2024 was $2.62B, surged 43.5% from 2023.
Norfolk Southern Net Income 2023: $1.83B
2023's net income for Norfolk Southern came in at $1.83B, plunged 44.1% below 2022.
Norfolk Southern Net Income 2022: $3.27B
Norfolk Southern posted net income of $3.27B in 2022, grew 8.8% from 2021.
Norfolk Southern Net Income 2021: $3.01B
Norfolk Southern net income in 2021 was $3.01B.
See more financial history for Norfolk Southern (NSC).
Sector peers by Net Income
Industrials peers of Norfolk Southern (NSC), ranked by their latest net income
| $8.87B | |
| $8.7B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.24B | |
| -$4.94B |
- $8.87B
- $8.7B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.24B
- -$4.94B
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- Buybacks0.11% TTM
- Dividend Profile1.61% yield
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- Stock Split History3 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.