NSC Operating Margin - NORFOLK SOUTHERN CORP

Complete source-backed operating margin history.

Available history: 2007-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Operating Margin

Date	Operating Margin
2026-06-30	32.44%
2026-03-31	29.25%
2025-12-31	31.51%
2025-09-30	35.39%
2025-06-30	37.78%
2025-03-31	38.29%
2024-12-31	37.40%
2024-09-30	52.31%
2024-06-30	37.16%
2024-03-31	7.09%
2023-12-31	26.29%
2023-09-30	25.45%
2023-06-30	19.33%
2023-03-31	22.70%
2022-12-31	36.48%
2022-09-30	38.05%
2022-06-30	39.11%
2022-03-31	37.22%
2021-12-31	39.59%
2021-09-30	39.83%
2021-06-30	41.69%
2021-03-31	38.46%
2020-12-31	38.24%
2020-09-30	33.52%
2020-06-30	29.26%
2020-03-31	21.64%
2019-12-31	35.76%
2019-09-30	35.06%
2019-06-30	36.41%
2019-03-31	34.01%
2018-12-31	37.22%
2018-09-30	34.61%
2018-06-30	35.40%
2018-03-31	30.73%
2017-12-31	37.39%
2017-09-30	33.52%
2017-06-30	33.07%
2017-03-31	29.40%
2016-12-31	27.95%
2016-09-30	32.49%
2016-06-30	31.38%
2016-03-31	29.88%
2015-12-31	25.50%
2015-09-30	30.30%
2015-06-30	30.00%
2015-03-31	23.61%
2014-12-31	31.05%
2014-09-30	33.01%
2014-06-30	33.50%
2014-03-31	24.80%
2013-12-31	30.58%
2013-09-30	30.06%
2013-06-30	29.84%
2013-03-31	25.24%
2012-12-31	26.60%
2012-09-30	27.14%
2012-06-30	32.50%
2012-03-31	26.71%
2011-12-31	28.60%
2011-09-30	32.47%
2011-06-30	30.53%
2011-03-31	22.90%
2010-12-31	26.84%
2010-09-30	30.37%
2010-06-30	30.16%
2010-03-31	24.80%
2009-12-31	26.07%
2009-09-30	27.24%
2009-06-30	25.20%
2009-03-31	19.71%
2008-12-31	32.49%
2008-09-30	30.89%

Annual Operating Margin

Date	Operating Margin
2025-12-31	35.76%
2024-12-31	33.58%
2023-12-31	23.45%
2022-12-31	37.73%
2021-12-31	39.91%
2020-12-31	30.67%
2019-12-31	35.31%
2018-12-31	34.55%
2017-12-31	33.38%
2016-12-31	30.43%
2015-12-31	27.44%
2014-12-31	30.76%
2013-12-31	28.96%
2012-12-31	28.30%
2011-12-31	28.76%
2010-12-31	28.12%
2009-12-31	24.62%
2008-12-31	28.93%
2007-12-31	27.41%