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NORFOLK SOUTHERN CORP Shares Outstanding 2008-2026 | NSC

Annual FY2008–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

224.4M

−0.8%YoY vs FY2024Source: 10-KFY2025

From 366.2M in FY2008 to 224.4M in FY2025: 0.6× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26225M−0.4%225M0.0%Not reportedNot reported
FY25225M−0.2%225M−0.7%224M−0.8%224M−0.8%
FY24226M−0.8%226M−0.4%226M0.0%226M+0.3%
FY23228M−4.5%227M−3.3%226M−2.3%226M−1.1%
FY22238M−4.8%235M−4.9%232M−4.9%228M−5.0%

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.

Key Statistics

Trend DirectionStable
CAGR

−2.3%

FY2020
252.1M
FY2025
224.4M

5 years selected · on the chart

Shares Outstanding History

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

  1. 224.4M
YoY changeLargest recent move−5.7%in FY18Latest −0.8%

Shares Outstanding, period by period

PeriodValueChangeSource
FY2025224.4M−0.8%10-K
FY2024226.3M+0.3%10-K
FY2023225.7M−1.1%10-K
FY2022228.1M−5.0%10-K
FY2021240.2M−4.7%10-K
FY2020252.1M−2.3%10-K
FY2019257.9M−3.8%10-K
FY2018268.1M−5.7%10-K
FY2017284.2M−2.2%10-K
FY2016290.4M−2.5%10-K
FY2015297.8M−3.4%10-K
FY2014308.2M−0.2%10-K
FY2013308.9M−1.6%10-K
FY2012314.0M−4.9%10-K
FY2011330.4M−7.5%10-K
FY2010357.4M−3.2%10-K
FY2009369.0M+0.8%10-K
FY2008366.2M—10-K

What is shares outstanding?

Shares outstanding is the total number of common shares currently held by all shareholders, including restricted shares.

What is NORFOLK SOUTHERN CORP's current shares outstanding?

NORFOLK SOUTHERN CORP (NSC) annual shares outstanding for 2025 was 224.4M, a 0.84% decline from 2024. NORFOLK SOUTHERN CORP shares outstanding for the quarter ending June 30, 2026 was 224.6M.

What was NORFOLK SOUTHERN CORP's shares outstanding in 2024?

NORFOLK SOUTHERN CORP annual shares outstanding for 2024 was 226.3M, a 0.28% increase from 2023.

What was NORFOLK SOUTHERN CORP's shares outstanding in 2023?

NORFOLK SOUTHERN CORP annual shares outstanding for 2023 was 225.7M, a 1.05% decline from 2022.

What is NORFOLK SOUTHERN CORP's 5-year shares outstanding CAGR?

NORFOLK SOUTHERN CORP shares outstanding grew at a compound annual growth rate (CAGR) of 2.30% from FY2020 to FY2025, going from 252.1M to 224.4M over 5 years.

Company
NORFOLK SOUTHERN CORP
Ticker
NSC
Sector
Other
Industry
Railroads, Line-Haul Operating