
Norfolk Southern Corp. today announced its first quarter 2025 revenue was $3 billion, while income from railway operations was $1.1 billion, operating ratio was 61.7% and diluted earnings per share were $3.31.
After adjusting the results to exclude the Eastern Ohio incident, first quarter income from railway operations was $961 million, the operating ratio was 67.9%, and diluted earnings per share were $2.69.
Insurance recoveries related to the Eastern Ohio incident exceeded incremental costs in the quarter.
“The Thoroughbred team once again demonstrated tremendous resilience in the quarter, overcoming a disruptive winter storm season to deliver an improved operating ratio, earnings growth, and a consistent service experience for our customers,” President and CEO Mark George said in a release. “I’d like to thank our entire team of dedicated railroaders for their outstanding efforts to generate these results. Our service performance is increasing our customers’ confidence in Norfolk Southern and allowing us to gain share.”
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