ATLANTA – Norfolk Southern Corp. announced its fourth quarter and full year 2025 financial results Thursday. Railway operating revenues were $3 billion in the fourth quarter, down $50 million, or 2%, compared with the fourth quarter of 2024, on a volume decline of 4% year-over-year. Operating ratio in the fourth quarter was 68.5%, compared with 62.6% in the fourth quarter of 2024, which included the railway line sales. Diluted earnings per share were $2.87, down 36 cents, or 11%, compared with the fourth quarter of 2024. For the full year, railway operating revenues were $12.2 billion, up $57 million compared with full year 2024.