Business
Norfolk Southern reports fourth quarter and full year 2025 results
Norfolk Southern Corporation (NYSE: NSC) announced Thursday its fourth quarter and full year 2025 financial results. In the quarter, revenue was $3.0 billion, income from railway operations was $937 million, operating ratio was 68.5%, and diluted earnings per share were $2.87.
About this update from Norfolk Southern Corporation
[{"type":"text","content":"Delivered on safety and service improvements while exceeding full year productivity target, achieving over $215 million in annual savings","length":137,"tagName":"p","attribs":{}},{"type":"text","content":"ATLANTA, Jan. 29, 2026 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Thursday its fourth quarter and full year 2025 financial results. In the quarter, revenue was $3.0 billion, income from railway operations was $937 million, operating ratio was 68.5%, and diluted earnings per share were $2.87.","length":321,"tagName":"p"},{"type":"image","alt":"Norfolk Southern Corporation Logo (PRNewsfoto/Norfolk Southern Corporation)","displaySize":"","headline":null,"caption":"Norfolk Southern Corporation Logo (PRNewsfoto/Norfolk Southern Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":104,"url":"https://media.zenfs.com/en/prnewswire.com/329c4910bc896d8074f0a5a5778143ca"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/B7ME2E3He_lR3uR6_rduWA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/329c4910bc896d8074f0a5a5778143ca","width":400,"height":104}},"href":"https://mma.prnewswire.com/media/1168904/Norfolk_Southern_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Adjusting the results to exclude merger-related expenses and the effects of the Eastern Ohio incident, fourth quarter income from railway operations was $1.0 billion, the operating ratio was 65.3%, and diluted earnings per share were $3.22.","length":240,"tagName":"p"},{"type":"text","content":""In 2025, we strengthened the foundation of our railroad. We kept our cost commitments, maintained reliable service, and delivered measurable safety gains with the company's best injury and accident rates in more than a decade," said Mark George, president and chief executive officer of Norfolk Southern. "In the face of a volatile and challenging macro-economic backdrop, our team focused on the controllables – delivering outsized productivity savings in excess of $215 million that accompanies our safety and service improvements. As we move through 2026, the demand environment remains unclear, but we are steadfastly focused on prioritizing the safety of our employees and communities, delivering consistent customer ...