Company / Shares Outstanding
Norfolk Southern Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
226.3M
FY2025
5-year range
225.7M / 252.1M
FY2021-FY2025
Trend
+0.3%
vs FY2024
Sector context
#67 of 363
Industrials
What the data says
Norfolk Southern's shares outstanding of 226320894.00 is higher than 82% of companies in the Industrials sector (FY2025). Shares Outstanding returned to growth in FY2025 after 8 years of decline, reaching 226320894.00.
Based on SEC 10-K filings.
226320894.00 in FY2025 with a 5-year CAGR of -2.6%. Top quartile in the Industrials sector.
Remained stable around 226320894.00 over the past 2 years.
Industrials sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- -2.0%
- 5-Year CAGR
- -2.6%
- 10-Year CAGR
- -
Sector benchmark
+39.2% above sector average
Key checks
Key Insights
- In FY2025, shares outstanding increased 0.3% year-over-year.
- Ranks #67 out of 363 companies in the Industrials sector.
- Peak shares outstanding was recorded in FY2016.
- Lowest shares outstanding in the period was in FY2024.
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 | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 226.3M | +0.3% |
| FY2024 | 225.7M | -1.1% |
| FY2023 | 228.1M | -5.0% |
| FY2022 | 240.2M | -4.7% |
| FY2021 | 252.1M | -2.3% |
| FY2020 | 257.9M | -3.8% |
| FY2019 | 268.1M | -5.7% |
| FY2018 | 284.2M | -2.2% |
| FY2017 | 290.4M | -2.5% |
| FY2016 | 297.8M | -3.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026