Norfolk Southern Corporation
NSC Industrials Railroads
Norfolk Southern Corporation’s revenue for fiscal 2025 (year ended December 2025) was $12.2 billion, roughly unchanged from fiscal 2024.
- Revenue
- +11.4%
- EPS
- −4.40%
- Free cash flow
- −3.08%
- Total debt
- −4.32%
Quarter to June 2026, against a year earlier
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Norfolk Southern Corporation 10-K filed Feb 9, 2026
What changed
Item 1, Business, against the 10-K filed Feb 10, 2025: 4 added · 1 removed · 7 modified; 14 with only figures updated
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Added · •Code of Ethical Conduct for Senior Financial Officers
Merger Agreement – On July 28, 2025, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Union Pacific Corporation, a Utah corporation (“Union Pacific”), Ruby Merger Sub 1 Corporation, a Virginia corporation and a direct wholly owned subsidiary of Union Pacific (“Merger Sub 1”), and Ruby Merger Sub 2 LLC, a Virginia limited liability company and a direct wholly owned subsidiary of Union Pacific (“Merger Sub 2”).