TTM
$12.19B
YoY change
+0.5%
5Y CAGR
+4.5%
Peak year (2022)
$12.74B
Cumulative revenue
$326.61B
Revenue history chart for Norfolk Southern (NSC) from 1985 to 2025
Latest: $12.18B
Revenue growth chart for Norfolk Southern (NSC) from 1985 to 2025
Latest: +0.5%
Revenue history table for Norfolk Southern (NSC) from 1985 to 2025
| 2025 | $12.18B | +0.5% | +$57.00M | ||
| 2024 | $12.12B | -0.3% | −$33.00M | ||
| 2023 | $12.16B | -4.6% | −$589.00M | ||
| 2022 | $12.74B | +14.4% | +$1.60B | ||
| 2021 | $11.14B | +13.8% | +$1.35B | ||
| 2020 | $9.79B | -13.3% | −$1.51B | ||
| 2019 | $11.30B | -1.4% | −$162.00M | ||
| 2018 | $11.46B | +8.6% | +$907.00M | ||
| 2017 | $10.55B | +6.7% | +$663.00M | ||
| 2016 | $9.89B | -5.9% | −$623.00M | ||
| 2015 | $10.51B | -9.6% | −$1.11B | ||
| 2014 | $11.62B | +3.4% | +$379.00M | ||
| 2013 | $11.24B | +1.9% | +$205.00M | ||
| 2012 | $11.04B | -1.2% | −$132.00M | ||
| 2011 | $11.17B | +17.4% | +$1.66B | ||
| 2010 | $9.52B | +19.4% | +$1.55B | ||
| 2009 | $7.97B | -25.3% | −$2.69B | ||
| 2008 | $10.66B | +13.0% | +$1.23B | ||
| 2007 | $9.43B | +0.3% | +$25.00M | ||
| 2006 | $9.41B | +10.3% | +$880.00M | ||
| 2005 | $8.53B | +16.6% | +$1.22B | ||
| 2004 | $7.31B | +13.0% | +$844.00M | ||
| 2003 | $6.47B | +3.2% | +$198.00M | ||
| 2002 | $6.27B | +1.6% | +$100.00M | ||
| 2001 | $6.17B | +0.2% | +$11.00M | ||
| 2000 | $6.16B | +18.6% | +$964.00M | ||
| 1999 | $5.20B | +23.1% | +$974.00M | ||
| 1998 | $4.22B | -0.0% | −$2.00M | ||
| 1997 | $4.22B | -11.5% | −$547.00M | ||
| 1996 | $4.77B | +2.2% | +$102.00M | ||
| 1995 | $4.67B | +1.9% | +$86.70M | ||
| 1994 | $4.58B | +2.7% | +$121.20M | ||
| 1993 | $4.46B | -3.2% | −$146.50M | ||
| 1992 | $4.61B | +3.5% | +$155.30M | ||
| 1991 | $4.45B | -3.6% | −$165.70M | ||
| 1990 | $4.62B | +1.8% | +$81.00M | ||
| 1989 | $4.54B | +1.7% | +$74.40M | ||
| 1988 | $4.46B | +8.5% | +$348.80M | ||
| 1987 | $4.11B | +0.9% | +$36.40M | ||
| 1986 | $4.08B | +6.6% | +$251.30M | ||
| 1985 | $3.83B | — | — |
- 2025$12.18B+0.5%
- 2024$12.12B-0.3%
- 2023$12.16B-4.6%
- 2022$12.74B+14.4%
- 2021$11.14B+13.8%
- 2020$9.79B-13.3%
- 2019$11.30B-1.4%
- 2018$11.46B+8.6%
- 2017$10.55B+6.7%
- 2016$9.89B-5.9%
- 2015$10.51B-9.6%
- 2014$11.62B+3.4%
- 2013$11.24B+1.9%
- 2012$11.04B-1.2%
- 2011$11.17B+17.4%
- 2010$9.52B+19.4%
- 2009$7.97B-25.3%
- 2008$10.66B+13.0%
- 2007$9.43B+0.3%
- 2006$9.41B+10.3%
- 2005$8.53B+16.6%
- 2004$7.31B+13.0%
- 2003$6.47B+3.2%
- 2002$6.27B+1.6%
- 2001$6.17B+0.2%
- 2000$6.16B+18.6%
- 1999$5.20B+23.1%
- 1998$4.22B-0.0%
- 1997$4.22B-11.5%
- 1996$4.77B+2.2%
- 1995$4.67B+1.9%
- 1994$4.58B+2.7%
- 1993$4.46B-3.2%
- 1992$4.61B+3.5%
- 1991$4.45B-3.6%
- 1990$4.62B+1.8%
- 1989$4.54B+1.7%
- 1988$4.46B+8.5%
- 1987$4.11B+0.9%
- 1986$4.08B+6.6%
- 1985$3.83B—
Revenue 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 Revenue at Norfolk Southern (NSC)
According to Norfolk Southern's latest reported financial statements, the company's current revenue (TTM) is $12.19B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
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 revenue stands at $12.18B (2025) – edged up 0.5% year-over-year.
Over 2020–2025 (5 years), Norfolk Southern revenue expanded at a +4.5% compound annual rate, with mixed annual results across the window.
Between 2022 and 2025, Norfolk Southern revenue edged down 4.4%, falling from $12.74B to $12.18B.
The record annual revenue stands at $12.74B, reached in 2022; the historical low of $3.83B was recorded in 1985.
Norfolk Southern Revenue by Year
Norfolk Southern Revenue 2025: $12.18B
Norfolk Southern posted revenue of $12.18B in 2025, edged up 0.5% from 2024.
Norfolk Southern Revenue 2024: $12.12B
In 2024, Norfolk Southern reported revenue of $12.12B, edged down 0.3% below 2023.
Norfolk Southern Revenue 2023: $12.16B
Norfolk Southern revenue in 2023 was $12.16B, edged down 4.6% below 2022.
Norfolk Southern Revenue 2022: $12.74B
2022's revenue for Norfolk Southern came in at $12.74B, grew 14.4% from 2021. This figure represents the highest annual value in the available history.
Norfolk Southern Revenue 2021: $11.14B
Norfolk Southern revenue in 2021 was $11.14B.
See more financial history for Norfolk Southern (NSC).
Sector peers by Revenue
Industrials peers of Norfolk Southern (NSC), ranked by their latest revenue
| $89.46B | |
| $88.60B | |
| $67.59B | |
| $45.85B | |
| $44.66B | |
| $27.45B | |
| $24.51B | |
| $18.67B |
- $89.46B
- $88.60B
- $67.59B
- $45.85B
- $44.66B
- $27.45B
- $24.51B
- $18.67B
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Norfolk Southern (NSC) Key Financials
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