NORFOLK SOUTHERN CORP (NSC) closed fiscal year 2025 with a net margin of 23.6 %.
NORFOLK SOUTHERN CORP (NSC) closed fiscal year 2025 with a net margin of 23.6 %. The same year shows an EBITDA margin of 47.2 % and an EBIT margin of 35.8 %. The free cash flow margin was 17.7 %. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 36.48 % | — | — |
| EBITDA margin (%) | 35.74 % | 36.57 % | 35.22 % | 36.80 % | 36.54 % | 36.65 % | 37.16 % | 38.98 % | 37.51 % | 40.85 % | 43.42 % | 44.19 % | 45.40 % | 42.46 % | 50.51 % | 47.31 % | 34.13 % | 44.74 % | 47.20 % |
| EBIT margin (%) | 27.41 % | 28.93 % | 24.62 % | 28.12 % | 28.76 % | 28.30 % | 28.96 % | 30.76 % | 27.44 % | 30.43 % | 33.38 % | 34.55 % | 35.31 % | 30.67 % | 39.91 % | 37.73 % | 23.45 % | 33.58 % | 35.76 % |
| Net margin (%) | 15.52 % | 16.10 % | 12.98 % | 15.72 % | 17.15 % | 15.84 % | 16.99 % | 17.21 % | 14.80 % | 16.87 % | 51.22 % | 23.27 % | 24.10 % | 20.56 % | 26.97 % | 25.66 % | 15.03 % | 21.63 % | 23.59 % |
| FCF margin (%) | 10.52 % | 10.85 % | 7.04 % | 13.07 % | 9.55 % | 7.46 % | 9.84 % | 6.31 % | 4.98 % | 11.60 % | 14.50 % | 15.49 % | 16.58 % | 21.89 % | 25.00 % | 17.84 % | 7.01 % | 13.78 % | 17.71 % |