NORFOLK SOUTHERN CORP

NSC · XNYS

CIK 702165fmd_1XWB8B0NTMDVJ9N1VCF8VMEC9BTransportation, Communications, Electric, Gas and Sanitary Services · Railroads, Line-Haul OperatingTemplate: Standard

Coverage: Jan 01, 2007 to Sep 30, 2026, 74 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	9,888	10,551	11,458	11,296	9,789	11,142	12,745	12,156	12,123	12,180
Gain on sale of real estate	–	–	–	–	–	–	–	–	–	–
Compensation and benefits	2,808	2,979	2,925	2,751	2,373	2,442	2,621	2,819	2,823	2,922
Total operating expenses	6,879	7,029	7,499	–	–	–	–	–	–	–
Operating income	3,009	3,522	3,959	3,989	3,002	4,447	4,809	2,851	4,071	4,356
Interest expense	563	550	557	604	625	646	692	722	807	792
Interest and investment income	10	13	–	–	–	–	–	–	–	–
Other non-operating income (expense)	136	156	67	106	153	77	13	191	65	101
Income before taxes	2,582	3,128	3,469	3,491	2,530	3,878	4,130	2,320	3,329	3,665
Income tax expense	914	(2,276)	803	769	517	873	860	493	707	792
Net income from continuing operations	1,668	5,404	2,666	2,722	2,013	3,005	3,270	1,827	2,622	2,873
Net income	1,668	5,404	2,666	2,722	2,013	3,005	3,270	1,827	2,622	2,873
Net income to common shareholders	1,663	5,400	2,660	2,717	2,010	3,003	3,268	1,824	2,619	2,870