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Operating Income for Norfolk Southern (NSC)

Latest filings through · Reported

Metric

TTM

$3.95B

YoY change

+6.5%

5Y CAGR

+3.4%

Peak year (2022)

$4.73B

Operating Income history chart for Norfolk Southern (NSC) from 1985 to 2025

Latest: $4.01B

Operating Income growth chart for Norfolk Southern (NSC) from 1985 to 2025

Latest: +6.5%

Operating Income history table for Norfolk Southern (NSC) from 1985 to 2025

  • 2025$4.01B+6.5%
  • 2024$3.76B+34.0%
  • 2023$2.81B-40.7%
  • 2022$4.73B+8.4%
  • 2021$4.37B+28.5%
  • 2020$3.40B-12.7%
  • 2019$3.89B-1.7%
  • 2018$3.96B+12.4%
  • 2017$3.52B+14.7%
  • 2016$3.07B+6.6%
  • 2015$2.88B-19.4%
  • 2014$3.57B+9.8%
  • 2013$3.25B+4.3%
  • 2012$3.12B-2.7%
  • 2011$3.21B+20.1%
  • 2010$2.67B+36.0%
  • 2009$1.96B-36.4%
  • 2008$3.08B+19.8%
  • 2007$2.57B+0.7%
  • 2006$2.56B+18.5%
  • 2005$2.16B+26.8%
  • 2004$1.70B+60.0%
  • 2003$1.06B-8.1%
  • 2002$1.16B+15.0%
  • 2001$1.01B+59.1%
  • 2000$633.00M-11.8%
  • 1999$718.00M-31.7%
  • 1998$1.05B-13.3%
  • 1997$1.21B+1.3%
  • 1996$1.20B+10.2%
  • 1995$1.09B+2.0%
  • 1994$1.07B+23.8%
  • 1993$860.40M-2.9%
  • 1992$886.50M+691.5%
  • 1991$112.00M-86.1%
  • 1990$808.10M-2.1%
  • 1989$825.20M-12.7%
  • 1988$945.20M+800.2%
  • 1987$105.00M-85.0%
  • 1986$702.00M-2.4%
  • 1985$719.00M—

Operating 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 Operating Income at Norfolk Southern (NSC)

According to Norfolk Southern's latest reported financial statements, the company's current operating income (TTM) is $3.95B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Norfolk Southern (NSC) most recent annual operating income stands at $4.01B (2025) – grew 6.5% year-over-year.

Norfolk Southern operating income compound annual growth for the 2020–2025 (5 years) window is +3.4%, sustaining 2 straight years of year-over-year growth.

Norfolk Southern operating income peaked at $4.73B in 2022; the latest annual figure is $4.01B in 2025 (15.3% below peak).

The record annual operating income stands at $4.73B, reached in 2022; the historical low of $105.00M was recorded in 1987.

Norfolk Southern Operating Income by Year

Norfolk Southern Operating Income 2025: $4.01B

In 2025, Norfolk Southern reported operating income of $4.01B, grew 6.5% from 2024.

Norfolk Southern Operating Income 2024: $3.76B

Norfolk Southern operating income in 2024 was $3.76B, surged 34.0% from 2023.

Norfolk Southern Operating Income 2023: $2.81B

2023's operating income for Norfolk Southern came in at $2.81B, plunged 40.7% below 2022.

Norfolk Southern Operating Income 2022: $4.73B

Norfolk Southern posted operating income of $4.73B in 2022, grew 8.4% from 2021. This figure represents the highest annual value in the available history.

Norfolk Southern Operating Income 2021: $4.37B

Norfolk Southern operating income in 2021 was $4.37B.

See more financial history for Norfolk Southern (NSC).

Sector peers by Operating Income

Industrials peers of Norfolk Southern (NSC), ranked by their latest operating income

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