# NORFOLK SOUTHERN CORPORATION (NSC) FY2025 Annual P&L / Income Statement

- Company: NORFOLK SOUTHERN CORPORATION (NSC)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-09, accession number 0001628280-26-006268
- Page: https://plicit.ai/financials/nsc/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/nsc-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Railway operating revenues**: 12,180,000,000 US dollars
- **Total railway operating expenses**: 7,824,000,000 US dollars
- **Income from railway operations**: 4,356,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 691,000,000 US dollars
- **Income before income taxes**: 3,665,000,000 US dollars
- **Income taxes**: 792,000,000 US dollars
- **Net income**: 2,873,000,000 US dollars
- **Coal**: 1,487,000,000 US dollars
- **Intermodal**: 3,009,000,000 US dollars
- **Merchandise - Agriculture, forest and consumer products**: 2,538,000,000 US dollars
- **Merchandise - Automotive**: 1,216,000,000 US dollars
- **Merchandise - Chemicals**: 2,206,000,000 US dollars
- **Merchandise - Metals and construction**: 1,724,000,000 US dollars
- **Compensation and benefits**: 2,922,000,000 US dollars
- **Purchased services and rents**: 2,095,000,000 US dollars
- **Fuel**: 932,000,000 US dollars
- **Depreciation**: 1,393,000,000 US dollars
- **Materials and other**: 634,000,000 US dollars
- **Merger-related expenses**: 80,000,000 US dollars
- **Restructuring and other charges**: 22,000,000 US dollars
- **Eastern Ohio incident**: negative 254,000,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/nsc/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/nsc-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Railway operating revenues**: 12,180,000,000 US dollars
- **Total railway operating expenses**: 7,824,000,000 US dollars
- **Income from railway operations**: 4,356,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 691,000,000 US dollars
- **Income before income taxes**: 3,665,000,000 US dollars
- **Income taxes**: 792,000,000 US dollars
- **Net income**: 2,873,000,000 US dollars
- **Merchandise**: 7,684,000,000 US dollars
- **Intermodal**: 3,009,000,000 US dollars
- **Coal**: 1,487,000,000 US dollars
- **Compensation and benefits**: 2,922,000,000 US dollars
- **Purchased services and rents**: 2,095,000,000 US dollars
- **Fuel**: 932,000,000 US dollars
- **Depreciation**: 1,393,000,000 US dollars
- **Materials and other**: 634,000,000 US dollars
- **Merger-related expenses**: 80,000,000 US dollars
- **Restructuring and other charges**: 22,000,000 US dollars
- **Eastern Ohio incident**: negative 254,000,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.