← NORFOLK SOUTHERN CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $9.9b $10.6b $11.5b $11.3b $9.8b $11.1b $12.7b $12.2b $12.1b $12.2b
Operating Expenses $6.8b $7.0b $7.5b — — — — — — —
Operating Income (Loss) $3.1b $3.6b $4.0b $4.0b $3.0b $4.4b $4.8b $2.9b $4.1b $4.4b
Additional Financial Items
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.6b $3.1b $3.5b $3.5b $2.5b $3.9b $4.1b $2.3b $3.3b $3.7b
Net Income (Loss) Attributable to Parent $1.7b $5.4b $2.7b $2.7b $2.0b $3.0b $3.3b $1.8b $2.6b $2.9b
Net Income (Loss) Available to Common Stockholders, Basic $1.7b $5.4b $2.7b $2.7b $2.0b $3.0b $3.3b $1.8b $2.6b $2.9b
Earnings Per Share, Basic $5.66 $18.76 $9.58 $10.32 $7.88 $12.16 $13.92 $8.04 $11.58 $12.76
Earnings Per Share, Diluted $5.62 $18.61 $9.51 $10.25 $7.84 $12.11 $13.88 $8.02 $11.57 $12.75
Common Stock, Dividends, Per Share, Declared $2.36 $2.44 $3.04 $3.60 $3.76 $4.16 $4.96 $5.40 $5.40 $5.40
Weighted Average Number of Shares Outstanding, Basic 293.9m 287.9m 277.7m 263.3m 255.1m 246.9m 234.8m 226.9m 226.1m 225.0m
Weighted Average Number of Shares Outstanding, Diluted 296.0m 290.3m 280.2m 265.6m 256.6m 248.1m 235.6m 227.4m 226.4m 225.3m
Labor and Related Expense $2.7b $2.9b $2.9b $2.8b $2.4b $2.4b $2.6b $2.8b $2.8b $2.9b
Other Nonoperating Income (Expense) $71.0m $92.0m $67.0m $106.0m $153.0m $77.0m $13.0m $191.0m $65.0m $101.0m
Interest Expense (non-operating) — — — — — — — — — $792.0m
Business Combination, Acquisition Related Costs — — — — — — — — — $80.0m
Current Income Tax Expense (Benefit) $687.0m $583.0m $630.0m $439.0m $375.0m $689.0m $777.0m $542.0m $531.0m $515.0m
Environmental Remediation Expense $31.0m — — — — — — — — —
Fuel Costs $698.0m $840.0m $1.1b $953.0m $535.0m $799.0m $1.5b $1.2b $987.0m $932.0m
Interest Expense $563.0m $550.0m $557.0m $604.0m $625.0m $646.0m $692.0m $722.0m $807.0m —
Operating Insurance and Claims Costs, Production — — — — — — — — $237.0m —
Operating Lease, Expense — — — — — — — $26.0m $5.0m —
Other Cost and Expense, Operating $799.0m $741.0m $655.0m $740.0m $653.0m $547.0m $713.0m $832.0m — —
Income Tax Expense (Benefit) $914.0m ($2.3b) $803.0m $769.0m $517.0m $873.0m $860.0m $493.0m $707.0m $792.0m
Other Operating Income (Expense), Net — — — — — — — — $273.0m —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.