NORFOLK SOUTHERN CORP (NSC) /

The cash flow of NORFOLK SOUTHERN CORP over the past 10 years

Chart NORFOLK SOUTHERN CORP: operating cash flow, capital expenditures, free cash flow, fiscal 2016–2025 Open the chart →

In fiscal 2025, the latest fiscal year on file, NORFOLK SOUTHERN CORP's operating cash flow was $4.36B and its capital expenditures $2.2B, leaving free cash flow of $2.16B. Free cash flow was above zero in all 10 years shown. It ranged from $28M in fiscal 2024 to $2.79B in fiscal 2021. Capital expenditures were highest in fiscal 2024, at $4.02B.

Year by year

Fiscal yearOperating cash flowCapital expendituresFree cash flow*
2025ended Dec 31, 2025$4.36B$2.2B$2.16B
2024ended Dec 31, 2024$4.05B$4.02B*$28M
2023ended Dec 31, 2023$3.18B$2.35B*$830M
2022ended Dec 31, 2022$4.22B$1.95B$2.27B
2021ended Dec 31, 2021$4.25B$1.47B$2.79B
2020ended Dec 31, 2020$3.64B$1.49B$2.14B
2019ended Dec 31, 2019$3.89B$2.02B$1.87B
2018ended Dec 31, 2018$3.73B$1.95B$1.77B
2017ended Dec 31, 2017$3.25B$1.72B$1.53B
2016ended Dec 31, 2016$3.03B$1.89B$1.15B

Fiscal years as NORFOLK SOUTHERN CORP reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

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Not investment advice. This page shows what NORFOLK SOUTHERN CORP filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.