How many employees does Norfolk Southern Corporation have?

Norfolk Southern Corporation reported 19,300 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 9, 2026. That is down 1.5% from a year earlier.

What is Norfolk Southern Corporation's revenue per employee?

Norfolk Southern Corporation brought in $12.2B of revenue in fiscal Dec 2025, which is $631K per employee. That ranks 2 of 4 companies we track in Railroads, where the median is $622K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Norfolk Southern Corporation employees and revenue per employee

NSC · Railroads · $71.3B market cap

Norfolk Southern Corporation had 19,300 employees at the end of fiscal Dec 2025, down 1.5% from a year earlier. Revenue for the year was $12.2B, up 0.5% from a year earlier, or $631K per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

19,300

-1.5% YoY

Revenue

$12.2B

+0.5% YoY

Revenue / employee

$631K

Peer median $622K

Rank in industry

2 of 4

Railroads

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

NSC employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	19,300	$12.2B	$631K	-1.5%	+0.5%
Dec 2024	19,600	$12.1B	$619K	-3.4%	-0.3%
Dec 2023	20,300	$12.2B	$599K	+7.4%	-4.6%
Dec 2022	18,900	$12.7B	$674K	+2.2%	+14.4%
Dec 2021	18,500	$11.1B	$602K	-8.4%	+13.8%
Dec 2020	20,200	$9.79B	$485K	-17.8%	-13.3%
Dec 2019	24,587	$11.3B	$459K	-7.8%	-1.4%
Dec 2018	26,662	$11.5B	$430K	-1.7%	+8.6%
Dec 2017	27,110	$10.6B	$389K	-3.3%	+6.7%
Dec 2016	28,044	$9.89B	$353K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Norfolk Southern Corporation against similar companies

The closest industry peers by revenue, from Railroads.

Company	Employees	Revenue	Revenue / employee	Shape
UNP Union Pacific Corporation	29,287	$24.5B	$837K	Leaner
NSC Norfolk Southern Corporation	19,300	$12.2B	$631K	Leaner
CSX CSX Corporation	23,000	$14.1B	$613K	Contracting
WAB Westinghouse Air Brake Technologies Corporation	31,000	$11.2B	$360K	Efficient growth

Every Industrials company

Questions about Norfolk Southern Corporation

How many employees does Norfolk Southern Corporation have?: Norfolk Southern Corporation reported 19,300 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 9, 2026. That is down 1.5% from a year earlier.
What is Norfolk Southern Corporation's revenue per employee?: Norfolk Southern Corporation brought in $12.2B of revenue in fiscal Dec 2025, which is $631K per employee. That ranks 2 of 4 companies we track in Railroads, where the median is $622K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Free game

Think you can pick better than the S&P 500?

Pick 15 stocks, lock them in, and we score them against the index every trading day for ten years. Free, with a public leaderboard.

Enter the challenge

More data

Compare NSC with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Leaderboard Industrials

Source: employee counts and revenue as stated in Norfolk Southern Corporation's annual reports (Form 10-K), latest filed February 9, 2026. This is data, not a recommendation to buy or sell NSC.