Skip to content
AnalystLens
Back to NSCIncome Statement

NORFOLK SOUTHERN CORP Income Tax Expense 2007-2026 | NSC

Annual FY2007–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$792.0M

+12.0%YoY vs FY2024Source: 10-KFY2025

From $773.0M in FY2007 to $792.0M in FY2025: 1.0× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$168M−26.3%$225M−2.2%Not reportedNot reported
FY25$228M+1091.3%$230M+11.1%$213M−35.1%$121M−37.9%
FY24−$23M−118.3%$207M+93.5%$328M+141.2%$195M+57.3%
FY23$126M−39.7%$107M−60.1%$136M+0.7%$124M−50.0%
FY22$209M+8.3%$268M+20.7%$135M−42.1%$248M+10.2%
Share23%26%26%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+8.9%

FY2020
$517.0M
FY2025
$792.0M

5 years selected · on the chart

01—History

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

  19. $792.0M
YoY changeLargest recent move+68.9%in FY21Latest +12.0%

1 older move runs past ±150% (largest −349.0%); point at, tap or drag across the bars to read one.

02—Ledger

Income Tax Expense, period by period

PeriodValueChangeSource
FY2025$792.0M+12.0%10-K
FY2024$707.0M+43.4%10-K
FY2023$493.0M−42.7%10-K
FY2022$860.0M−1.5%10-K
FY2021$873.0M+68.9%10-K
FY2020$517.0M−32.8%10-K
FY2019$769.0M−4.2%10-K
FY2018$803.0M+135.3%10-K
FY2017−$2.28B−349.0%10-K
FY2016$914.0M+3.2%10-K
FY2015$886.0M−21.9%10-K
FY2014$1.13B+7.5%10-K
FY2013$1.05B+4.6%10-K
FY2012$1.01B+0.7%10-K
FY2011$1.00B+15.0%10-K
FY2010$871.0M+48.1%10-K
FY2009$588.0M−43.1%10-K
FY2008$1.03B+33.8%10-K
FY2007$773.0M—10-K

03—Questions

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is NORFOLK SOUTHERN CORP's current income tax expense?

NORFOLK SOUTHERN CORP (NSC) annual income tax expense for 2025 was $792.0M, a 12.02% increase from 2024. NORFOLK SOUTHERN CORP income tax expense for the quarter ending June 30, 2026 was $225.0M.

What was NORFOLK SOUTHERN CORP's income tax expense in 2024?

NORFOLK SOUTHERN CORP annual income tax expense for 2024 was $707.0M, a 43.41% increase from 2023.

What was NORFOLK SOUTHERN CORP's income tax expense in 2023?

NORFOLK SOUTHERN CORP annual income tax expense for 2023 was $493.0M, a 42.67% decline from 2022.

What is NORFOLK SOUTHERN CORP's 5-year income tax expense CAGR?

NORFOLK SOUTHERN CORP income tax expense grew at a compound annual growth rate (CAGR) of 8.90% from FY2020 to FY2025, going from $517.0M to $792.0M over 5 years.

Company
NORFOLK SOUTHERN CORP
Ticker
NSC
Sector
Other
Industry
Railroads, Line-Haul Operating
View company profile →