Norfolk Southern (NSC) FY2025 10-K Annual Report

Filed: Feb 9, 2026
Industrials
Railroads, Line-Haul OperatingSEC EDGAR

Norfolk Southern (NSC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 9, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Norfolk Southern FY2025 10-K Analysis

Management Discussion & Analysis

  • No revenue or profit figures disclosed; focus on safety, workforce, and regulatory environment
  • Safety metrics tracked internally and by FRA, Board has standing Safety Committee for oversight
+3 more insights

Risk Factors

  • Surface Transportation Board review risk for Union Pacific Mergers, possible delay or unfavorable conditions affecting combined company
  • Geopolitical and economic conditions impacting transportation industry, with exposure to domestic and international markets
+3 more insights

Norfolk Southern FY2025 Key Financial Metrics
XBRL

Revenue

$12.2B

+0.5% YoY

Net Income

$2.9B

+9.6% YoY

Operating Margin

35.8%

+218bp YoY

Net Margin

23.6%

+196bp YoY

ROE

18.5%

+15bp YoY

Total Assets

$45.2B

+3.6% YoY

EPS (Diluted)

$12.75

+10.2% YoY

Operating Cash Flow

$4.4B

+7.6% YoY

Source: XBRL data from Norfolk Southern FY2025 10-K filing on SEC EDGAR. All figures in USD.

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