Norfolk Southern Q1 profit rises; diluted EPS $3.31 vs $0.23, revenue $3.0 billion
Norfolk Southern reported first-quarter 2025 results with railway operating revenues of $3.0 billion, down $11 million from a year earlier, while income from railway operations rose to $1.1 billion and diluted EPS reached $3.31. The company reiterated its full-year guidance and said results were affected by weather-related disruptions and macroeconomic uncertainty, which matters to shareholders because profit and per-share earnings improved despite flat revenue.
Key points
- Diluted EPS was $3.31 versus $0.23 in Q1 2024; excluding the Eastern Ohio incident, adjusted diluted EPS was $2.69, up $0.20, or 8%.
- Operating ratio was 61.7% versus 92.9% a year earlier; adjusted operating ratio was 67.9% versus 69.9%.
- Insurance recoveries related to the Eastern Ohio incident exceeded incremental costs by $185 million in the quarter.
- Full-year 2025 guidance was reiterated, and the company repurchased 1.0 million shares for $250 million in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.