Number of shares outstanding for Norfolk Southern (NSC)

Number of shares outstanding as of December 2025 : 224,386,617

According to Norfolk Southern's latest financial reports and stock price the company's current number of shares outstanding is 224,386,617. At the end of 2025 the company had 224,386,617 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Norfolk Southern from 1998 to 2025

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2025	0.22 B	-0.85%
2024	0.22 B	0.28%
2023	0.22 B	-1.05%
2022	0.22 B	-5.03%
2021	0.24 B	-4.73%
2020	0.25 B	-2.25%
2019	0.25 B	-3.8%
2018	0.26 B	-5.96%
2017	0.28 B	-2.09%
2016	0.29 B	-2.25%
2015	0.29 B	-3.59%
2014	0.30 B	0.1%
2013	0.30 B	-1.94%
2012	0.31 B	-8.28%
2011	0.34 B	-6.31%
2010	0.36 B	-0.27%
2009	0.36 B	-1.4%
2008	0.37 B	-4.24%
2007	0.38 B	-2.75%
2006	0.40 B	-1.66%
2005	0.40 B	3.1%
2004	0.39 B	0.79%
2003	0.39 B	-0.59%
2002	0.39 B	-0.32%
2001	0.39 B	3.74%
2000	0.38 B	0.2%
1999	0.38 B	1.01%
1998	0.37 B	4.01%
1997	0.36 B

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
CSX Corporation CSX	1,864,000,000	730.71%	🇺🇸 USA
Union Pacific Corporation UNP	592,400,000	164.01%	🇺🇸 USA
Kansas City Southern KSU	9,615,094	-95.71%	🇺🇸 USA
Canadian National Railway CNI	621,900,000	177.16%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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