Norfolk Southern reported FY2025 revenue of $12.2 billion and 2026 Q1 revenue of $3.0 billion. The thesis depends on rail volume, pricing, operating ratio, safety performance, capex and cash conversion.
References
Sources used in this report
SEC datasetSEC company tickers exchange datasetRetrieved 2026-05-20 · Issuer identity, ticker, exchange and CIKSEC APISEC submissions APIRetrieved 2026-05-20 · Filing chronology and company identitySEC APISEC companyfacts APIRetrieved 2026-05-20 · Financial statement cross-checksSEC filingForm 10-K2026-02-09 · Annual business, risk and financial baselineSEC filingForm 10-Q2026-04-24 · Latest interim financials and balance sheetSEC filingDEF 14A2026-03-27 · Governance and incentive framing