---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-014968"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:33:59.106927+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern Q4 adj OR 64.9%, adj EPS $3.04; full-year adj OR 65.8%

## Summary
- Q4 revenue $3.0B (-2% YoY); GAAP diluted EPS $3.23 (+39%); adjusted EPS $3.04 (+7%).
- Q4 GAAP operating ratio improved to 62.6% from 73.7%; adjusted OR 64.9% vs 68.8% a year ago.
- Full-year revenue $12.1B (-$33M); adjusted OR 65.8% (160 bps improvement); adjusted EPS $11.85 (+1%).
- Insurance recoveries for East Ohio incident exceeded costs for third straight quarter; total incident expense $325M in 2024.
- Productivity initiatives drove results; CEO cites momentum and additional opportunity in 2025.

## SEC filing metadata
- accession: 0001193125-25-014968
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000119312525014968/0001193125-25-014968-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000119312525014968/d945030d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-014968
- JSON: https://secwatch.observer/filing/0001193125-25-014968.json
- Plain text: https://secwatch.observer/filing/0001193125-25-014968.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.