Company / Income Tax
Norfolk Southern Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$792.0M
FY2025
5-year range
$493.0M / $792.0M
FY2021-FY2025
Trend
+12.0%
vs FY2024
Sector context
#21 of 357
Industrials
What the data says
Among 357 Industrials companies, Norfolk Southern is in the bottom 6% for income tax. Income Tax has fluctuated over the past 10 years, ranging from -$2.3B in FY2019 to $914M in FY2018.
Based on SEC 10-K filings.
$792M in FY2025 with a 5-year CAGR of -0.3%. Top quartile in the Industrials sector.
Increased from $493M to $792M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +15.3%
- 5-Year CAGR
- -0.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in IndustrialsTop 94% of 357This company $792.0M Sector average $123.9M
▼
+539.1% above sector average
Key checks
Key Insights
- 5-year CAGR of -0.3%, indicating a declining trend.
- In FY2025, income tax increased 12.0% year-over-year.
- Ranks #21 out of 357 companies in the Industrials sector.
- Peak income tax was recorded in FY2018.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $792.0M | +12.0% |
| FY2024 | $707.0M | +43.4% |
| FY2023 | $493.0M | -4.6% |
| FY2022 | $517.0M | -32.8% |
| FY2021 | $769.0M | -4.2% |
| FY2020 | $803.0M | +135.3% |
| FY2019 | -$2.3B | -349.0% |
| FY2018 | $914.0M | +140.2% |
| FY2017 | -$2.3B | -349.0% |
| FY2016 | $914.0M | +3.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026