Loading...
•
Dec 31, 2025
Norfolk Southern Q4 2025 Earnings Report
Norfolk Southern reported Q4 2025 results with revenue of $3.0 billion and net income of $735 million, while adjusted earnings per share reached $3.22.
Key Takeaways
Norfolk Southern delivered strong Q4 2025 results, posting $3.0 billion in revenue and solid operational efficiency. Adjusted EPS rose to $3.22, boosted by a large land sale and productivity improvements, despite a 4% volume decline year-over-year.
Q4 2025 revenue totaled $3.0 billion, down 2% year-over-year on a 4% volume decline.
Net income for the quarter was approximately $735 million based on $2.87 diluted EPS and 256 million shares outstanding.
Adjusted income from railway operations was $1.03 billion, reflecting merger-related and incident adjustments.
Adjusted operating ratio improved to 65.3%, demonstrating operational efficiency gains.
Forward Guidance
Norfolk Southern expects continued productivity focus and safety improvements in 2026 amid macro uncertainty.
Positive Outlook
- Ongoing commitment to cost containment
- Prioritization of employee and community safety
- Focus on consistent customer service
- Productivity gains already delivering over $215 million in annual savings
- Strong operational foundation after improvements in 2025
Challenges Ahead
- Uncertain demand environment heading into 2026
- Macroeconomic volatility may impact volumes
- Residual financial impact from Eastern Ohio incident
- No clear volume rebound indicated
- Potential regulatory and litigation risks ahead
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...