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Norfolk Southern reports third quarter 2026 results

PR Newswire•22/10/2026•08:15 ET
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Key Highlights

  • ➤Revenue $3.5B, a quarterly record, increased 14% year-over-year
  • ➤Adjusted diluted EPS $3.62, up 10% year-over-year
  • ➤Adjusted operating ratio 65.4%, 210 basis points above adjusted 2025
  • ➤Income from railway operations $1.2B, up 5% year-over-year

Expert Statements

Mark George, President and Chief Executive Officer of Norfolk Southern

“Norfolk Southern delivered another quarter of solid execution, with record revenues, and strong earnings growth aided by continued productivity gains across the network, reflecting continued momentum in our business and the dedication of our team.”

Mark George, President and Chief Executive Officer of Norfolk Southern

“Throughout the quarter, we remained focused on safely serving customers, improving operational performance, while maintaining disciplined cost control despite rising fuel costs. Demand for rail service increased during the quarter, as a tighter trucking market highlighted rail's competitive advantages and underscored the opportunity for a more efficient, capacity-enhanced freight network. We remain focused on investing in a stronger, more resilient rail network that can support growth we see on the horizon.”

Norfolk Southern reports third quarter 2026 results PR Newswire

Railroad achieves record quarterly revenues and strong earnings growth

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