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NORFOLK SOUTHERN CORP Income Tax Expense 2007-2026 | NSC

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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 March 31, 2026 was $168.0M.

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.

Income Tax Expense History

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

Key Statistics
Trend Direction
Growing
CAGR+8.9%
FY2020
$517.0M
→
FY2025
$792.0M
07080910111213141516171819202122232425
5 years selected
Income Tax Expense History
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
Company: NORFOLK SOUTHERN CORPTicker: NSCSector: OtherIndustry: Railroads, Line-Haul OperatingView company profile →