TTM
21.9%
YoY change
+1.96pp
Trough year (1991)
0.7%
Peak year (2017)
51.2%
Latest annual
23.6%
Net Profit Margin history chart for Norfolk Southern (NSC) from 1985 to 2025
Latest: 23.6%
Net Profit Margin change chart for Norfolk Southern (NSC) from 1985 to 2025
Latest: +1.96pp
Net Profit Margin history table for Norfolk Southern (NSC) from 1985 to 2025
| 2025 | 23.6% | +1.96pp | ||
| 2024 | 21.6% | +6.60pp | ||
| 2023 | 15.0% | -10.63pp | ||
| 2022 | 25.7% | -1.31pp | ||
| 2021 | 27.0% | +6.41pp | ||
| 2020 | 20.6% | -3.53pp | ||
| 2019 | 24.1% | +0.83pp | ||
| 2018 | 23.3% | -27.95pp | ||
| 2017 | 51.2% | +34.35pp | ||
| 2016 | 16.9% | +2.07pp | ||
| 2015 | 14.8% | -2.40pp | ||
| 2014 | 17.2% | +0.22pp | ||
| 2013 | 17.0% | +1.14pp | ||
| 2012 | 15.8% | -1.31pp | ||
| 2011 | 17.2% | +1.43pp | ||
| 2010 | 15.7% | +2.75pp | ||
| 2009 | 13.0% | -3.12pp | ||
| 2008 | 16.1% | +0.57pp | ||
| 2007 | 15.5% | -0.22pp | ||
| 2006 | 15.7% | +0.72pp | ||
| 2005 | 15.0% | +2.40pp | ||
| 2004 | 12.6% | +4.35pp | ||
| 2003 | 8.3% | +0.93pp | ||
| 2002 | 7.3% | +1.26pp | ||
| 2001 | 6.1% | +3.29pp | ||
| 2000 | 2.8% | -1.81pp | ||
| 1999 | 4.6% | -12.79pp | ||
| 1998 | 17.4% | +0.32pp | ||
| 1997 | 17.1% | +0.92pp | ||
| 1996 | 16.2% | +0.88pp | ||
| 1995 | 15.3% | +0.69pp | ||
| 1994 | 14.6% | -2.73pp | ||
| 1993 | 17.3% | +5.20pp | ||
| 1992 | 12.1% | +11.44pp | ||
| 1991 | 0.7% | -11.38pp | ||
| 1990 | 12.0% | -1.32pp | ||
| 1989 | 13.4% | -0.87pp | ||
| 1988 | 14.2% | +10.04pp | ||
| 1987 | 4.2% | -8.53pp | ||
| 1986 | 12.7% | -0.35pp | ||
| 1985 | 13.1% | — |
- 202523.6%+1.96pp
- 202421.6%+6.60pp
- 202315.0%-10.63pp
- 202225.7%-1.31pp
- 202127.0%+6.41pp
- 202020.6%-3.53pp
- 201924.1%+0.83pp
- 201823.3%-27.95pp
- 201751.2%+34.35pp
- 201616.9%+2.07pp
- 201514.8%-2.40pp
- 201417.2%+0.22pp
- 201317.0%+1.14pp
- 201215.8%-1.31pp
- 201117.2%+1.43pp
- 201015.7%+2.75pp
- 200913.0%-3.12pp
- 200816.1%+0.57pp
- 200715.5%-0.22pp
- 200615.7%+0.72pp
- 200515.0%+2.40pp
- 200412.6%+4.35pp
- 20038.3%+0.93pp
- 20027.3%+1.26pp
- 20016.1%+3.29pp
- 20002.8%-1.81pp
- 19994.6%-12.79pp
- 199817.4%+0.32pp
- 199717.1%+0.92pp
- 199616.2%+0.88pp
- 199515.3%+0.69pp
- 199414.6%-2.73pp
- 199317.3%+5.20pp
- 199212.1%+11.44pp
- 19910.7%-11.38pp
- 199012.0%-1.32pp
- 198913.4%-0.87pp
- 198814.2%+10.04pp
- 19874.2%-8.53pp
- 198612.7%-0.35pp
- 198513.1%—
Net Profit Margin 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 Profit Margin at Norfolk Southern (NSC)
According to Norfolk Southern's latest reported financial statements, the company's latest reported net margin is 21.9%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Norfolk Southern (NSC) reported net margin of 23.59% – expanded 2.0 percentage points year-over-year.
51.22% stands as the all-time-high annual net margin, posted in 2017, against a low of 0.67% during 1991.
Norfolk Southern Net Profit Margin by Year
Norfolk Southern Net Profit Margin 2025: 23.6%
Norfolk Southern posted net margin of 23.59% in 2025, expanded 2.0 percentage points from 2024.
Norfolk Southern Net Profit Margin 2024: 21.6%
In 2024, Norfolk Southern reported net margin of 21.63%, expanded 6.6 percentage points from 2023.
Norfolk Southern Net Profit Margin 2023: 15.0%
Norfolk Southern net margin in 2023 was 15.03%, contracted 10.6 percentage points from 2022.
Norfolk Southern Net Profit Margin 2022: 25.7%
2022's net margin for Norfolk Southern came in at 25.66%, contracted 1.3 percentage points from 2021.
Norfolk Southern Net Profit Margin 2021: 27.0%
Norfolk Southern net margin in 2021 was 26.97%.
See more financial history for Norfolk Southern (NSC).
Sector peers by Net Profit Margin
Industrials peers of Norfolk Southern (NSC), ranked by their latest net margin
| 29.2% | |
| 17.9% | |
| 14.0% | |
| 13.3% | |
| 11.2% | |
| 9.3% | |
| 8.0% | |
| 2.5% |
- 29.2%
- 17.9%
- 13.3%
- 8.0%
- 2.5%
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