NYSE:NSC | Free Cash Flow | NORFOLK SOUTHERN CORP

Free cash flow is operating cash flow less capital expenditure. FCF / net income requires positive matching-period earnings.

Available history
2007-12-31 to 2026-03-31
Data captured

Historical Free Cash Flow

DateOperating cash flowCapital expenditureFree cash flowFCF / net income
2026-03-31$344M$382M-$38M-6.95%
2025-12-31$1.06B$729M$334M51.86%
2025-03-31$950M$449M$501M66.80%
2024-12-31$951M$675M$276M37.65%
2024-03-31$839M$557M$282M532.08%
2023-12-31$673M$836M-$163M-30.93%
2023-03-31$1.17B$428M$745M159.87%
2022-12-31$798M$666M$132M16.71%
2022-03-31$994M$389M$605M86.06%
2021-12-31$942M$445M$497M65.39%
2021-03-31$1.02B$265M$750M111.44%
2020-12-31$870M$441M$429M63.93%
2020-03-31$955M$366M$589M154.59%
2019-12-31$895M$525M$370M55.56%
2019-03-31$881M$467M$414M61.15%
2018-12-31$842M$625M$217M30.91%
2018-03-31$816M$383M$433M78.44%
2017-12-31$788M$408M$380M9.58%
2017-03-31$846M$438M$408M94.23%
2016-12-31$722M$583M$139M33.41%
2016-03-31$879M$398M$481M124.29%
2015-12-31$700M$608M$92M25.48%
2015-03-31$631M$392M$239M77.10%
2014-12-31$506M$739M-$233M-45.60%
2014-03-31$588M$381M$207M56.25%
2013-12-31$674M$501M$173M33.72%
2013-03-31$723M$379M$344M76.44%
2012-12-31$589M$719M-$130M-31.48%
2012-03-31$1.04B$461M$574M140.00%
2011-12-31$463M$727M-$264M-55.00%
2011-03-31$652M$423M$229M70.46%
2010-12-31$586M$563M$23M5.72%
2010-03-31$758M$256M$502M195.33%
2009-12-31$485M$380M$105M34.20%
2009-03-31$354M$243M$111M62.71%
2008-12-31$640M$454M$186M41.15%

Annual Free Cash Flow

DateOperating cash flowCapital expenditureFree cash flowFCF / net income
2025-12-31$4.36B$2.2B$2.16B75.08%
2024-12-31$4.05B$2.38B$1.67B63.73%
2023-12-31$3.18B$2.33B$852M46.63%
2022-12-31$4.22B$1.95B$2.27B69.54%
2021-12-31$4.26B$1.47B$2.79B92.68%
2020-12-31$3.64B$1.49B$2.14B106.46%
2019-12-31$3.89B$2.02B$1.87B68.81%
2018-12-31$3.73B$1.95B$1.78B66.58%
2017-12-31$3.25B$1.72B$1.53B28.31%
2016-12-31$3.03B$1.89B$1.15B68.76%
2015-12-31$2.91B$2.39B$523M33.61%
2014-12-31$2.85B$2.12B$734M36.70%
2013-12-31$3.08B$1.97B$1.11B57.96%
2012-12-31$3.07B$2.24B$824M47.11%
2011-12-31$3.23B$2.16B$1.07B55.69%
2010-12-31$2.71B$1.47B$1.24B83.16%
2009-12-31$1.86B$1.3B$561M54.26%
2008-12-31$2.72B$1.56B$1.16B67.42%
2007-12-31$2.33B$1.34B$992M67.76%