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

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

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.