Quick Answer
NORFOLK SOUTHERN CORP reported Shares Outstanding of 224.42 million shares for fiscal year 2025.
NORFOLK SOUTHERN CORP Shares Outstanding — Annual History
| Fiscal Year | Shares Outstanding | YoY Change |
|---|---|---|
| 2025 | 224.42M | -0.8% |
| 2024 | 226.32M | +0.3% |
| 2023 | 225.68M | -1.1% |
| 2022 | 228.08M | -5.0% |
| 2021 | 240.16M | -4.7% |
| 2020 | 252.10M | -2.3% |
| 2019 | 257.90M | -3.8% |
| 2018 | 268.10M | -5.7% |
| 2017 | 284.16M | -2.2% |
| 2016 | 290.42M | -2.5% |
| 2015 | 297.80M | -3.4% |
| 2014 | 308.24M | -0.2% |
| 2013 | 308.88M | -1.6% |
| 2012 | 314.03M | -4.9% |
| 2011 | 330.39M | -7.5% |
| 2010 | 357.36M | -3.2% |
| 2009 | 369.02M | +0.8% |
| 2008 | 366.23M | — |
Quarterly Shares Outstanding
| Quarter Ending | Shares Outstanding | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | 224.39M | -0.8% | -0.1% |
| June 30, 2025 | 224.61M | -0.7% | -0.4% |
| March 31, 2025 | 225.44M | -0.2% | -0.4% |
| December 31, 2024 | 226.32M | +0.3% | +0.0% |
| September 30, 2024 | 226.24M | +0.0% | +0.1% |
| June 30, 2024 | 226.10M | -0.4% | +0.1% |
| March 31, 2024 | 225.91M | -0.8% | +0.1% |
| December 31, 2023 | 225.68M | -1.1% | -0.2% |
- NORFOLK SOUTHERN CORP showed a decrease of -0.8% in Shares Outstanding compared to the prior fiscal year.
- Over the 2008–2025 period, NORFOLK SOUTHERN CORP’s shares outstanding has declined by 38.7% (from 366.23 million shares to 224.42 million shares).
- The most recent figure is from NORFOLK SOUTHERN CORP’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 9, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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