Norfolk Southern Earnings Reports

Norfolk Southern delivered $3.1 billion in revenue for Q3 2025, maintaining strong operational income and raising its productivity target amid a dynamic freight environment.

Norfolk Southern delivered solid Q2 2025 results with increases in revenue, operating income, and EPS. The company benefited from volume growth and cost management, achieving higher profitability even after adjusting for one-time events.

Norfolk Southern delivered strong operational performance in Q1 2025, achieving adjusted EPS growth and an improved operating ratio, while reaffirming full-year guidance amid economic uncertainty.

Norfolk Southern Corporation reported Q4 2024 financial results with a revenue of $3.0 billion and diluted earnings per share of $3.23. The company's operating ratio was 62.6%. The results reflect progress in safety, productivity, and operational excellence.

Norfolk Southern reported strong third quarter results with income from railway operations at $1.6 billion and diluted earnings per share at $4.85. Adjusted diluted earnings per share were $3.25. The company is on track to meet adjusted operating ratio targets for the second half and full year 2024.

Norfolk Southern reported strong second quarter results, with railway operations income of $1.1 billion and diluted earnings per share of $3.25. The company's operating ratio was 62.8%. Adjusted results, excluding certain charges, showed an operating ratio of 65.1% and diluted earnings per share of $3.06. The company reaffirms its full-year adjusted operating ratio guidance of approximately 66%.

Norfolk Southern reported fourth-quarter earnings that include a $150 million charge related to the incident in Eastern Ohio. The company is focusing on productivity gains, cost management, and growth for 2024.

Norfolk Southern reported Q3 2023 earnings with a diluted EPS of $2.10, which includes a $163 million charge related to the Eastern Ohio incident. Adjusting for this incident, the diluted EPS would have been $2.65. Income from railway operations was $756 million, or $919 million when adjusted for the incident.

Norfolk Southern's second quarter 2023 results were affected by a $416 million charge due to the Eastern Ohio incident. Reported earnings per share were $1.56. Adjusted earnings per share, excluding the incident charge, amounted to $2.95, representing a 14% decline compared to the same quarter last year.

Norfolk Southern's first quarter 2023 results were affected by a $387 million charge related to the incident in Eastern Ohio. Including this charge, income from railway operations was $711 million, and diluted EPS was $2.04, down 34% and 30%, respectively, compared to Q1 2022. Adjusting for the charge, income from railway operations was $1.1 billion, and diluted EPS was $3.32, up 1% and 13%, respectively.

Norfolk Southern reported a 13% increase in fourth-quarter railway operating revenue, reaching $3.2 billion, and a 5% increase in income from railway operations, totaling $1.2 billion.

Norfolk Southern reported record third quarter 2022 financial results, including railway operating revenues, income from railway operations, net income, and diluted earnings per share. The company achieved improved service levels for customers through hiring initiatives and the launch of a new operating plan.

Norfolk Southern announced second quarter 2022 financial results, which included quarterly records for railway operating revenues, income from railway operations, and diluted earnings per share. The company reported railway operating revenue of $3.3 billion, income from railway operations of $1.3 billion, net income of $819 million, and diluted earnings per share of $3.45.

Norfolk Southern reported solid first-quarter 2022 financial results with double-digit revenue and EPS growth, including record railway operating revenues, income from railway operations, net income, and diluted earnings per share.

Norfolk Southern reported fourth-quarter net income of $760 million, with diluted earnings per share of $3.12. The operating ratio improved to 60.4%.

Norfolk Southern reported third-quarter 2021 financial results, which included third-quarter records for net income, diluted earnings per share, income from railway operations, and operating ratio. Third-quarter net income was $753 million, diluted earnings per share was $3.06, income from railway operations was $1.1 billion, and the operating ratio was 60.2%.

Norfolk Southern reported strong second-quarter 2021 financial results, including record net income and diluted earnings per share. The company achieved an all-time quarterly record for operating ratio and income from railway operations. Revenue and volume increased significantly compared to the previous year.

Norfolk Southern reported strong first-quarter 2021 results, with net income of $673 million and diluted earnings per share of $2.66, a first-quarter record. The operating ratio improved to an all-time quarterly record of 61.5%.

Norfolk Southern reported Q4 2020 net income of $671 million, with diluted earnings per share of $2.64. The operating ratio improved to a record quarterly low of 61.8%.

Norfolk Southern reported a net income of $569 million, with diluted earnings per share of $2.22. The company's operating ratio was 66.5%. Adjusted figures, excluding a $99 million non-cash impairment charge, show a net income of $643 million, diluted earnings per share of $2.51, and an operating ratio of 62.5%.

Norfolk Southern reported a second-quarter net income of $392 million, with diluted earnings per share at $1.53 and an operating ratio of 70.7 percent.

Norfolk Southern's first-quarter financial results included a net income of $381 million, diluted earnings per share of $1.47, and an operating ratio of 78.4%. These results include a $385 million non-cash locomotive rationalization charge. Excluding this charge, adjusted first-quarter net income was $669 million, adjusted diluted earnings per share were $2.58, and the adjusted operating ratio was 63.7%.

Norfolk Southern reported a net income of $666 million and diluted earnings per share of $2.55 for the fourth quarter. The company achieved a record full-year operating ratio of 64.7% despite a 5% decline in carload volumes.