# NORFOLK SOUTHERN CORP (NSC) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from NORFOLK SOUTHERN CORP's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/NSC/mda/fy2025/): filed 2026-02-09; accession 0001628280-26-006268 (https://www.sec.gov/Archives/edgar/data/702165/000162828026006268/nsc-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/NSC/mda/fy2024/): filed 2025-02-10; accession 0000702165-25-000008 (https://www.sec.gov/Archives/edgar/data/702165/000070216525000008/nsc-20241231.htm)
- [FY 2023 MD&A](/company/NSC/mda/fy2023/): filed 2024-02-05; accession 0000702165-24-000005 (https://www.sec.gov/Archives/edgar/data/702165/000070216524000005/nsc-20231231.htm)
- [FY 2022 MD&A](/company/NSC/mda/fy2022/): filed 2023-02-03; accession 0000702165-23-000010 (https://www.sec.gov/Archives/edgar/data/702165/000070216523000010/nsc-20221231.htm)
- [FY 2021 MD&A](/company/NSC/mda/fy2021/): filed 2022-02-04; accession 0000702165-22-000007 (https://www.sec.gov/Archives/edgar/data/702165/000070216522000007/nsc-20211231.htm)

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