Company / Free Cash Flow
Norfolk Southern Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$2.2B
FY2025
5-year range
$852.0M / $2.2B
FY2021-FY2025
Trend
+29.1%
vs FY2024
Sector context
#26 of 336
Industrials
What the data says
Among 336 Industrials companies, Norfolk Southern is in the top 8% for free cash flow. Free Cash Flow has fluctuated over the past 10 years, ranging from $852M in FY2023 to $2.2B in FY2025.
Based on SEC 10-K filings.
$2.2B in FY2025 with a 5-year CAGR of +4.0%. Top quartile in the Industrials sector.
Improved from $852M to $2.2B over the past 2 years.
Industrials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +0.2%
- 5-Year CAGR
- +4.0%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in IndustrialsTop 8% of 336This company $2.2B Sector average $628.9M
▼
+243.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +4.0%, indicating consistent growth.
- In FY2025, free cash flow increased 29.1% year-over-year.
- Ranks #26 out of 336 companies in the Industrials sector.
- Lowest free cash flow 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 | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.2B | +29.1% |
| FY2024 | $1.7B | +96.1% |
| FY2023 | $852.0M | -60.2% |
| FY2022 | $2.1B | +14.4% |
| FY2021 | $1.9B | +5.5% |
| FY2020 | $1.8B | +16.0% |
| FY2019 | $1.5B | +33.4% |
| FY2018 | $1.1B | -25.0% |
| FY2017 | $1.5B | +33.4% |
| FY2016 | $1.1B | +119.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026