| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 3.0K | 0.2% |
| Total Income | 3.0K | 0.2% |
| Expenditure | 2.1K | 14.8% |
| PBT | 715.00 | 26.9% |
| Net Profit | 547.00 | 27.1% |
| OPM | 29.25% | 9.04pp |
| NPM | 18.25% | 6.81pp |
| EPS | 2.43 | 26.6% |
Norfolk Southern Reports Q1 2026 Revenue $3.0 Billion
24 Apr 2026 · 24 Apr, 5:35 pm
Summary
Norfolk Southern Corporation reported first quarter 2026 railway operating revenues of $3.0 billion, flat compared to the same period last year. Income from railway operations decreased by 23% to $877 million. The operating ratio was 70.7%, an increase from 61.7% in the first quarter of 2025. Diluted earnings per share decreased by 27% to $2.43.
Key Highlights
- 1
Norfolk Southern's railway operating revenues were $3.0 billion, which remained flat compared to the first quarter of 2025.
- 2
Income from railway operations decreased by 23% to $877 million compared to the first quarter of 2025.
- 3
The operating ratio for the quarter was 70.7%, compared to 61.7% in the first quarter of 2025.
- 4
Diluted earnings per share were $2.43, a decrease of 27% compared to the first quarter of 2025.
- 5
Adjusted income from railway operations was $939 million, down 2% compared to adjusted first quarter 2025.
- 6
Adjusted diluted earnings per share were $2.65, down 1% compared to first quarter 2025.
Management Comments
Mark George
In the first quarter, our team stayed focused on what we could control, operating with discipline amid volatile volumes, severe winter weather, and a rapidly shifting macroeconomic environment including the dramatic rise in fuel prices in March. Despite these challenges, our employees safely delivered a solid service product, managed costs effectively, and earned the continued trust of our customers. As conditions improved, we captured momentum exiting the quarter, reinforcing the strength of our operating foundation and the dedication of the entire Norfolk Southern team.
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