Company / FCF Margin
Norfolk Southern FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
17.7%
FY2025
5-year range
7.0% / 21.9%
FY2021-FY2025
Trend
+28.5%
vs FY2024
Sector context
#38 of 314
Industrials
What the data says
Norfolk Southern's fcf margin of 17.7% is higher than 88% of companies in the Industrials sector (FY2025). FCF Margin has fluctuated over the past 10 years, ranging from 7.0% in FY2023 to 59.4% in FY2017.
Based on SEC 10-K filings.
17.7% in FY2025 with a 5-year CAGR of +2.2%. Top quartile in the Industrials sector.
Improved from 7.0% to 17.7% over the past 2 years.
Industrials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -4.2pp
- 5-Year Change
- +2.2pp
- 10-Year Change
- -
Sector benchmark
Top 12% in IndustrialsTop 12% of 314This company 17.7% Sector average -577.7%
▼
+103.1% above sector average
Key checks
Key Insights
- In FY2025, fcf margin increased 28.5% year-over-year.
- Currently 595.4pp above the Industrials sector average.
- Peak fcf margin was recorded in FY2017.
- Lowest fcf margin in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 1.03 (distress zone, below 1.8 threshold)
- Strong profit margin: 24.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 17.7% | +28.5% |
| FY2024 | 13.8% | +96.6% |
| FY2023 | 7.0% | -68.0% |
| FY2022 | 21.9% | +32.0% |
| FY2021 | 16.6% | +7.0% |
| FY2020 | 15.5% | +6.8% |
| FY2019 | 14.5% | +25.0% |
| FY2018 | 11.6% | -80.5% |
| FY2017 | 59.4% | +412.2% |
| FY2016 | 11.6% | +132.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026