Norfolk Southern Corporation (NSC)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,873,000 | 2,962,000 | 3,350,000 | 3,319,000 | 2,622,000 | 2,416,000 | 1,795,000 | 1,414,000 | 1,827,000 | 2,090,000 | 2,570,000 | 3,033,000 | 3,270,000 | 3,240,000 | 3,035,000 | 3,035,000 | 3,005,000 | 2,916,000 | 2,732,000 | 2,305,000 |
| Total stockholders’ equity | US$ in thousands | 15,547,000 | 15,141,000 | 14,787,000 | 14,511,000 | 14,306,000 | 13,785,000 | 12,979,000 | 12,536,000 | 12,781,000 | 12,615,000 | 12,640,000 | 12,727,000 | 12,733,000 | 13,024,000 | 13,154,000 | 13,461,000 | 13,641,000 | 13,887,000 | 14,317,000 | 14,643,000 |
| ROE | 18.48% | 19.56% | 22.66% | 22.87% | 18.33% | 17.53% | 13.83% | 11.28% | 14.29% | 16.57% | 20.33% | 23.83% | 25.68% | 24.88% | 23.07% | 22.55% | 22.03% | 21.00% | 19.08% | 15.74% |
December 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,873,000K ÷ $15,547,000K
= 18.48%
Peer comparison
Dec 31, 2025
Company name
Symbol
ROE
Norfolk Southern Corporation
NSC
18.48%
CSX Corporation
CSX
22.75%
Greenbrier Companies Inc
GBX
13.32%
Union Pacific Corporation
UNP
38.65%
See also:
Norfolk Southern Corporation Return on Equity (ROE) (Quarterly Data)