Norfolk Southern Corporation (NSC)
Operating return on assets (Operating ROA)
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,008,000 | 4,164,000 | 4,391,000 | 4,390,000 | 3,764,000 | 3,466,000 | 2,958,000 | 2,412,000 | 2,808,000 | 3,169,000 | 3,676,000 | 4,362,000 | 4,733,000 | 4,700,000 | 4,576,000 | 4,433,000 | 4,365,000 | 4,226,000 | 3,935,000 | 3,445,000 |
| Total assets | US$ in thousands | 45,236,000 | 44,580,000 | 44,155,000 | 43,800,000 | 43,682,000 | 43,255,000 | 42,558,000 | 42,128,000 | 41,652,000 | 40,739,000 | 39,261,000 | 39,169,000 | 38,885,000 | 39,306,000 | 39,336,000 | 39,361,000 | 38,493,000 | 38,604,000 | 38,754,000 | 37,937,000 |
| Operating ROA | 8.86% | 9.34% | 9.94% | 10.02% | 8.62% | 8.01% | 6.95% | 5.73% | 6.74% | 7.78% | 9.36% | 11.14% | 12.17% | 11.96% | 11.63% | 11.26% | 11.34% | 10.95% | 10.15% | 9.08% |
December 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ 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
10.68%
Greenbrier Companies Inc
GBX
12.33%
Union Pacific Corporation
UNP
14.12%