Superworth

Norfolk Southern profit margin NSC

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
21.0%
Operating margin, 12 months
32.2%
Net margin on a year earlier
−6.5 pts
Peer median
22.2%

Over the twelve months to Jun 30, 2026, Norfolk Southern kept 21.0% of its revenue as net profit, with an operating margin of 32.2%.

Five years earlier its net margin was 26.0%.

The median for 3 railroad stocks of a similar size is 22.2%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY202523.6%35.8%
FY202421.6%33.6%
FY202315.0%23.5%
FY202225.7%37.7%
FY202127.0%39.9%
FY202020.6%30.7%
FY201924.1%35.3%
FY201823.3%34.6%
FY201751.2%33.4%
FY201616.9%31.1%
FY201514.8%27.4%
FY201417.2%30.8%
FY201317.0%29.0%
FY201215.8%28.3%
FY201117.1%28.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2621.0%−6.5 pts32.2%
Q1 FY2621.9%−5.5 pts33.5%
Q4 FY2523.6%+2.0 pts35.8%
Q3 FY2524.2%+4.4 pts37.2%
Q2 FY2527.5%+12.7 pts41.5%
Q1 FY2527.4%+15.6 pts41.3%
Q4 FY2421.6%+6.6 pts33.6%
Q3 FY2419.8%+2.9 pts30.8%
Q2 FY2414.8%−5.4 pts24.0%
Q1 FY2411.8%−11.6 pts19.6%
Q4 FY2315.0%−10.6 pts23.5%
Q3 FY2317.0%−9.2 pts26.2%

Against its peers

Companies in Railroads nearest Norfolk Southern's size, closest first, today.

CompanyProfit margin
NSCNorfolk Southern21.0%
CSXCSX22.2%
WABWestinghouse Air Brake Technologies10.6%
UNPUnion Pacific28.9%
Peer median22.2%

Where Norfolk Southern ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Norfolk Southern

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.