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NORFOLK SOUTHERN CORP Weighted Avg Shares (Diluted) 2008-2026 | NSC

Annual FY2008–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

225.3M

−0.5%YoY vs FY2024Source: 10-KFY2025

From 380.0M in FY2008 to 225.3M in FY2025: 0.6× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26225M−0.7%225M−0.1%Not reportedNot reported
FY25227M+0.1%225M−0.5%225M−0.8%Not reported
FY24226M−0.9%226M−0.7%227M−0.2%Not reported
FY23228M−5.0%228M−4.0%227M−3.0%Not reported
FY22240M−4.9%238M−5.0%234M−5.0%Not reported

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

−2.6%

FY2020
256.6M
FY2025
225.3M

5 years selected · on the chart

01—History

Weighted Avg Shares (Diluted) History

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

  15. 225.3M
YoY changeLargest recent move−5.2%in FY19Latest −0.5%

02—Ledger

Weighted Avg Shares (Diluted), period by period

PeriodValueChangeSource
FY2025225.3M−0.5%10-K
FY2024226.4M−0.4%10-K
FY2023227.4M−3.5%10-K
FY2022235.6M−5.0%10-K
FY2021248.1M−3.3%10-K
FY2020256.6M−3.4%10-K
FY2019265.6M−5.2%10-K
FY2018280.2M−3.5%10-K
FY2017290.3M−1.9%10-K
FY2016296.0M−2.8%10-K
FY2015304.4M−2.6%10-K
FY2014312.5M−15.9%10-K
FY2010371.8M−0.1%10-K
FY2009372.1M−2.1%10-K
FY2008380.0M—10-K

03—Questions

What is weighted avg shares (diluted)?

Weighted average shares outstanding (diluted) includes the basic share count plus all potentially dilutive securities such as stock options, warrants, and convertible bonds. It is used as the denominator to calculate diluted earnings per share.

What is NORFOLK SOUTHERN CORP's current weighted avg shares (diluted)?

NORFOLK SOUTHERN CORP (NSC) annual weighted avg shares (diluted) for 2025 was 225.3M, a 0.49% decline from 2024. NORFOLK SOUTHERN CORP weighted avg shares (diluted) for the quarter ending June 30, 2026 was 225.0M.

What was NORFOLK SOUTHERN CORP's weighted avg shares (diluted) in 2024?

NORFOLK SOUTHERN CORP annual weighted avg shares (diluted) for 2024 was 226.4M, a 0.44% decline from 2023.

What was NORFOLK SOUTHERN CORP's weighted avg shares (diluted) in 2023?

NORFOLK SOUTHERN CORP annual weighted avg shares (diluted) for 2023 was 227.4M, a 3.48% decline from 2022.

What is NORFOLK SOUTHERN CORP's 5-year weighted avg shares (diluted) CAGR?

NORFOLK SOUTHERN CORP weighted avg shares (diluted) grew at a compound annual growth rate (CAGR) of 2.57% from FY2020 to FY2025, going from 256.6M to 225.3M over 5 years.

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