NSC
Norfolk Southern Corporation
NYSE: NSC · INDUSTRIALS · RAILROADS
$315.83
+1.19% today
Updated 2026-04-30
Market cap
$70.93B
P/E ratio
26.63
P/S ratio
5.82x
EPS (TTM)
$11.86
Dividend yield
1.73%
52W range
$215 – $323
Volume
1.4M
Norfolk Southern Corporation (NSC) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.21B | $2.33B | $2.71B | $1.86B | $2.71B | $3.23B | $3.06B | $3.08B | $2.85B | $2.88B | $3.03B | $3.25B | $3.73B | $3.89B | $3.64B | $4.25B | $4.22B | $3.18B | $4.05B | $4.36B |
| Capital expenditures | $1.18B | $1.34B | $1.56B | $1.30B | $1.47B | $2.16B | $2.24B | $1.97B | $2.12B | $2.38B | $1.89B | $1.72B | $1.95B | $2.02B | $1.49B | $1.47B | $1.95B | $2.35B | $2.38B | $2.20B |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | — | — | — | $-18.00M | $-42.00M | $-2.07B | $45.00M | $54.00M | $44.00M | $42.00M | $42.00M | $45.00M | $47.00M | $-42.00M | $445.00M | $-86.00M | $53.00M | $40.00M | — | — |
| Free cash flow | $1.03B | $992.00M | $1.16B | $561.00M | $1.24B | $1.07B | $824.00M | $1.11B | $734.00M | $492.00M | $1.15B | $1.53B | $1.77B | $1.87B | $2.14B | $2.79B | $2.27B | $830.00M | $1.67B | $2.16B |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | $278.00M | $377.00M | $456.00M | $500.00M | $514.00M | $576.00M | $624.00M | $637.00M | $687.00M | $713.00M | $695.00M | $703.00M | $844.00M | $949.00M | $960.00M | $1.03B | $1.17B | $1.23B | $1.22B | $1.22B |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | $378.00M | $-169.00M | $-551.00M | $377.00M | $790.00M | — | — | $-145.00M | $-266.00M | $-244.00M | $134.00M | $535.00M | $-276.00M | $-383.00M | — | — | — |