Norfolk Southern Corporation (NSC)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,665,000 | 3,828,000 | 4,331,000 | 4,277,000 | 3,329,000 | 3,052,000 | 2,239,000 | 1,758,000 | 2,320,000 | 2,707,000 | 3,186,000 | 3,810,000 | 4,130,000 | 4,077,000 | 3,970,000 | 3,924,000 | 3,878,000 | 3,760,000 | 3,498,000 | 2,960,000 |
| Revenue (ttm) | US$ in thousands | 12,180,000 | 12,230,000 | 12,178,000 | 12,112,000 | 12,123,000 | 12,172,000 | 12,092,000 | 12,028,000 | 12,156,000 | 12,320,000 | 12,692,000 | 12,962,000 | 12,745,000 | 12,360,000 | 11,869,000 | 11,418,000 | 11,142,000 | 10,863,000 | 10,517,000 | 9,803,000 |
| Pretax margin | 30.09% | 31.30% | 35.56% | 35.31% | 27.46% | 25.07% | 18.52% | 14.62% | 19.09% | 21.97% | 25.10% | 29.39% | 32.40% | 32.99% | 33.45% | 34.37% | 34.81% | 34.61% | 33.26% | 30.19% |
December 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,665,000K ÷ $12,180,000K
= 30.09%
Peer comparison
Dec 31, 2025
Company name
Symbol
Pretax margin
Norfolk Southern Corporation
NSC
30.09%
CSX Corporation
CSX
26.80%
Greenbrier Companies Inc
GBX
8.79%
Union Pacific Corporation
UNP
37.40%