NSC Norfolk Southern (NSC) Insider Trading, Ownership & Congress Trades
Transport · Railroads, line-haul operating · CIK 0000702165
SEC filings
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
0
13F, latest reported quarter
Conversions, 180 days
3
Codes C/M, not in net · $0 priced
What the filings say about NSC
Congress, 1 year
0 bought · 1 sold
Latest: sale, 2025-12-18
Norfolk Southern insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
No insider purchases or sales are on record for NORFOLK SOUTHERN CORP in the period covered. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Dec 13, 2024.
- The trade is 50.4% of the 405 shares held after it.
- 1 other insider bought within 30 days.
Insider activity: Director Clyburn William Jr. bought about $60.1K of NSC on Dec 5, 2025; 1 other insider bought within 30 days.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 63.7% of the 1,413 shares held after it.
- No other insider sold within 30 days.
Insider activity: EVP & CIDO Bhatt Anil sold about $253.4K of NSC on Nov 19, 2025, the largest insider sale at the company since 2024.Context
- 7 earlier Form 4 trades (code P or S) here by this insider (7 buys), the last on Dec 12, 2024.
- +3.1% median (+6.1% mean) 90-day return after 7 previous buys.
- The trade is 13.8% of the 12,000 shares held after it.
- 2 other insiders bought within 30 days.
Insider activity: Director Fahmy Sameh bought about $466.9K of NSC on Nov 5, 2025; 2 other insiders bought within 30 days.Context
- 5 earlier Form 4 trades (code P or S) here by this insider (5 buys), the last on Dec 13, 2024.
- +1.4% median (+2.5% mean) 90-day return after 4 previous buys.
- The trade is 37.1% of the 7,000 shares held after it.
- 1 other insider bought within 30 days.
Insider activity: Director ANDERSON RICHARD H bought about $732.8K of NSC on Oct 27, 2025, the largest insider purchase at the company since 2024; 1 other insider bought within 30 days.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on May 29, 2024.
- The trade is 24.4% of the 2,487 shares held after it.
- No other insider bought within 30 days.
Insider activity: Director LAMPHERE GILBERT H bought about $157.7K of NSC on Jan 31, 2025.51 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
no insider buys or sells on file
Congress
no House purchase disclosed in the last 12 months
Funds
under five funds report holding it
Revenue
+0.5% year over year
below 56% of Transport
Margin
23.6% net margin
more than 84% of Transport
Buybacks
$5.0M repurchased, FY to 2026-09-30
below 71% of Transport
Short interest
3.2% of the float short (float per yahoo 2026-10-27) · 10.3 days to cover · settled 2026-10-15
more than 50% of Transport
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch NSC
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+19.7%12M
Insider buyInsider sell
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns NSC: institutional holders (13F)
13F holdings, latest reported quarter
SEC 13F
No reported 13F holders
No fund above the reporting threshold listed this stock last quarter. That is a fact, not missing data.
Congress trades in NSC
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2025-12-18 · disclosed 28 days later
$1,001 - $15,000
Sold 2025-11-13 · disclosed 28 days later
$1,001 - $15,000
Sold 2025-09-23 · disclosed 17 days later
$1,001 - $15,000
Sold 2025-08-14 · disclosed 28 days later
$1,001 - $15,000
Bought 2025-05-05 · disclosed 1 day later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
NSC planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
Corporate PAC
The company's PAC: committee totals only, never individual donors (FEC).
Norfolk Southern Corporation Good Government Fund
Cycle 2026 · $732K spent
$812.3K
Federal Election Commission, matched by the PAC's connected organisation
Executive pay vs shareholder return · Alan HShaw
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2023
$13.4M
$4.1M
$3.5M
+6%
+21%
2021
$14.0M
$25.1M
$4.1M
+27%
+26%
2020
$14.1M
$12.2M
$4.0M
+25%
+22%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
Each figure here is a federal filing, dated the day it went public, so you can test what was knowable then.
NSC financials
Revenue growth
+0.5%
XBRL, annual
Net margin
23.6%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$13.0B
four quarters, 2025-10-01 to 2026-09-30
Revenue, TTM NSC
| FY Dec 2025 | $12.2B |
| FY Dec 2024 | $12.1B |
| FY Dec 2023 | $12.2B |
| FY Dec 2022 | $12.7B |
| FY Dec 2021 | $11.1B |
| Sep 2026 | $3.5B |
| Jun 2026 | $3.5B |
| Mar 2026 | $3.0B |
| Dec 2025 | $3.0B |
| Sep 2025 | $3.1B |
| Jun 2025 | $3.1B |
| Mar 2025 | $3.0B |
| Dec 2024 | $3.0B |
At each fiscal year end
Single quarter
Net margin, TTM
+20.7%
net income over revenue, 2025-10-01 to 2026-09-30
Net margin, TTM NSC
| FY Dec 2025 | +23.6% |
| FY Dec 2024 | +21.6% |
| FY Dec 2023 | +15.0% |
| FY Dec 2022 | +25.7% |
| FY Dec 2021 | +27.0% |
| Sep 2026 | +21.5% |
| Jun 2026 | +21.2% |
| Mar 2026 | +18.2% |
| Dec 2025 | +21.7% |
| Sep 2025 | +22.9% |
| Jun 2025 | +24.7% |
| Mar 2025 | +25.1% |
| Dec 2024 | +24.2% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$1.6B
operating cash flow minus capex, 2025-10-01 to 2026-09-30
Free cash flow, TTM NSC
| FY Dec 2025 | $2.2B |
| FY Dec 2024 | $1.7B |
| FY Dec 2023 | $852.0M |
| FY Dec 2022 | $2.3B |
| FY Dec 2021 | $2.8B |
| Sep 2026 | $736.0M |
| Jun 2026 | $615.0M |
| Mar 2026 | -$38.0M |
| Dec 2025 | $334.0M |
| Sep 2025 | $720.0M |
| Jun 2025 | $602.0M |
| Mar 2025 | $501.0M |
| Dec 2024 | $276.0M |
At each fiscal year end
Single quarter
Debt to equity
0.99x
long-term 2026-09-30 plus current 2025-12-31 (9 months older than the period end); equity 2026-09-30
Debt to equity NSC
| FY Dec 2025 | 1.10x |
| FY Dec 2024 | 1.20x |
| FY Dec 2023 | 1.34x |
| FY Dec 2022 | 1.19x |
| FY Dec 2021 | 1.01x |
| Sep 2026 | 0.99x |
| Jun 2026 | 1.02x |
| Mar 2026 | 1.08x |
| Dec 2025 | 1.10x |
| Sep 2025 | 1.12x |
| Jun 2025 | 1.15x |
| Mar 2025 | 1.19x |
| Dec 2024 | 1.20x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.23x
TTM operating cash flow over long-term 2026-09-30 plus current 2025-12-31 (9 months older than the period end)
Cash flow to debt NSC
| FY Dec 2025 | 0.26x |
| FY Dec 2024 | 0.24x |
| FY Dec 2023 | 0.19x |
| FY Dec 2022 | 0.28x |
| FY Dec 2021 | 0.31x |
| Sep 2026 | 0.23x |
| Jun 2026 | 0.23x |
| Mar 2026 | 0.22x |
| Dec 2025 | 0.26x |
| Sep 2025 | 0.25x |
| Jun 2025 | 0.25x |
| Mar 2025 | 0.24x |
| Dec 2024 | 0.24x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+16.8%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on equity NSC
| FY Dec 2025 | +19.2% |
| FY Dec 2024 | +19.4% |
| FY Dec 2023 | +14.3% |
| FY Dec 2022 | +24.8% |
| FY Dec 2021 | +21.1% |
| Sep 2026 | +16.8% |
| Jun 2026 | +17.0% |
| Mar 2026 | +17.6% |
| Dec 2025 | +19.2% |
| Sep 2025 | +20.5% |
| Jun 2025 | +24.1% |
| Mar 2025 | +24.5% |
| Dec 2024 | +19.4% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+5.9%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on assets NSC
| FY Dec 2025 | +6.5% |
| FY Dec 2024 | +6.1% |
| FY Dec 2023 | +4.5% |
| FY Dec 2022 | +8.5% |
| FY Dec 2021 | +7.9% |
| Sep 2026 | +5.9% |
| Jun 2026 | +5.9% |
| Mar 2026 | +6.0% |
| Dec 2025 | +6.5% |
| Sep 2025 | +6.7% |
| Jun 2025 | +7.7% |
| Mar 2025 | +7.7% |
| Dec 2024 | +6.1% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+10.3%
operating income after a 21.7% effective tax rate, over long-term 2026-09-30 plus current 2025-12-31 (9 months older than the period end) plus average of 2025-09-30 and 2026-09-30 minus cash
Return on invested capital NSC
| FY Dec 2025 | +11.2% |
| FY Dec 2024 | +11.0% |
| FY Dec 2023 | +7.8% |
| FY Dec 2022 | +13.7% |
| FY Dec 2021 | +12.7% |
| Sep 2026 | +10.3% |
| Jun 2026 | +10.2% |
| Mar 2026 | +10.3% |
| Dec 2025 | +11.2% |
| Sep 2025 | +11.6% |
| Jun 2025 | +13.0% |
| Mar 2025 | +13.0% |
| Dec 2024 | +11.0% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+9.8%
operating income (EBIT proxy) over average of 2025-09-30 and 2026-09-30 minus current liabilities
Return on capital employed NSC
| FY Dec 2025 | +10.7% |
| FY Dec 2024 | +10.3% |
| FY Dec 2023 | +7.6% |
| FY Dec 2022 | +13.3% |
| FY Dec 2021 | +12.4% |
| Sep 2026 | +9.8% |
| Jun 2026 | +9.8% |
| Mar 2026 | +10.0% |
| Dec 2025 | +10.7% |
| Sep 2025 | +11.3% |
| Jun 2025 | +12.7% |
| Mar 2025 | +12.7% |
| Dec 2024 | +10.3% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
28.00x
close 2026-10-26 over four quarters of diluted EPS, 2025-10-01 to 2026-09-30
P/E, trailing NSC
| FY Dec 2025 | 22.64x |
| FY Dec 2024 | 20.30x |
| FY Dec 2023 | 29.47x |
| FY Dec 2022 | 17.72x |
| FY Dec 2021 | 24.56x |
| Sep 2026 | 25.90x |
| Jun 2026 | 26.84x |
| Mar 2026 | 24.18x |
| Dec 2025 | 22.64x |
| Sep 2025 | 22.91x |
| Jun 2025 | 17.30x |
| Mar 2025 | 16.18x |
| Dec 2024 | 20.30x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$90.0B
market value at close 2026-10-26 on 2026-09-30 shares, plus long-term 2026-09-30 plus current 2025-12-31 (9 months older than the period end), minus cash 2026-09-30
Enterprise value NSC
| FY Dec 2025 | $80.3B |
| FY Dec 2024 | $68.7B |
| FY Dec 2023 | $69.1B |
| FY Dec 2022 | $71.8B |
| FY Dec 2021 | $85.4B |
| Sep 2026 | $84.4B |
| Jun 2026 | $86.2B |
| Mar 2026 | $80.2B |
| Dec 2025 | $80.3B |
| Sep 2025 | $83.0B |
| Jun 2025 | $73.2B |
| Mar 2025 | $69.6B |
| Dec 2024 | $68.7B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+2.2%
TTM free cash flow over market value at close 2026-10-26
FCF yield NSC
| FY Dec 2025 | +3.3% |
| FY Dec 2024 | +3.1% |
| FY Dec 2023 | +1.6% |
| FY Dec 2022 | +4.0% |
| FY Dec 2021 | +3.8% |
| Sep 2026 | +2.4% |
| Jun 2026 | +2.3% |
| Mar 2026 | +2.5% |
| Dec 2025 | +3.3% |
| Sep 2025 | +3.1% |
| Jun 2025 | +3.5% |
| Mar 2025 | +3.5% |
| Dec 2024 | +3.1% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing EPS growth -9%, PEG needs growth
PEG, trailing NSC
| FY Dec 2025 | 2.20x |
| FY Dec 2024 | 0.46x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | 1.20x |
| FY Dec 2021 | 0.45x |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | 2.20x |
| Sep 2025 | 0.99x |
| Jun 2025 | 0.20x |
| Mar 2025 | 0.12x |
| Dec 2024 | 0.46x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $12.2B | $12.1B | $12.2B | $12.7B |
| Operating income | $4.4B | $4.1B | $2.9B | $4.8B |
| Net income | $2.9B | $2.6B | $1.8B | $3.3B |
| EPS (diluted) | 12.75 | 11.57 | 8.02 | 13.88 |
| Operating cash flow | $4.4B | $4.1B | $3.2B | $4.2B |
| Cash | $1.5B | $1.6B | $1.6B | $456.0M |
| Long-term debt | $16.5B | $16.7B | $17.2B | $14.5B |
| Buybacks | $534.0M | $0 | $622.0M | $3.1B |
| Dividends paid | $1.2B | $1.2B | $1.2B | $1.2B |
SEC XBRL, fiscal years, as known on 2026-10-28
NSC Stock Sonar score 5/7 axes
Find similar shapesCompareNSC ranks highest on profitability (62nd percentile) and institutional and government (50th), and lowest on financial health (39th), among Transport peers.
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
NSC filings, in plain words
Have members of Congress traded NSC?
Yes. In the year to 2026-10-28, 0 House members disclosed buying NSC and 1 House member disclosed selling it; the latest on record is a sale by Julie Johnson dated 2025-12-18.
Read the full summary
In the year to 2026-10-28, 0 members of Congress disclosed buying NSC and 1 member disclosed selling it; the latest on record is a sale by Julie Johnson dated 2025-12-18. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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