Norfolk Southern Corporation (NSC)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 4,008,000 3,764,000 2,851,000 4,733,000 4,365,000
Total assets US$ in thousands 45,236,000 43,682,000 41,652,000 38,885,000 38,493,000
Operating ROA 8.86% 8.62% 6.84% 12.17% 11.34%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $4,008,000K ÷ $45,236,000K
= 8.86%


Peer comparison

Dec 31, 2025

Company name
Symbol
Operating ROA
Norfolk Southern Corporation
NSC
8.86%
CSX Corporation
CSX
10.35%
Greenbrier Companies Inc
GBX
Union Pacific Corporation
UNP
14.12%