Revenue segments as reported by the company.

Merchandise

Intermodal

Coal

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and benefits

Purchased services and rent

Fuel

Depreciation

Materials and other

Eastern Ohio incident

Restructuring and other charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Norfolk Southern

Norfolk Southern Corp. is a transportation company, which owns a freight railroad. It engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers to and from the rest of the United States. The company transports overseas freight through several Atlantic and Gulf Coast ports. It offers an extensive intermodal network in the eastern half of the United States and is a transporter of coal, automotive, and industrial products. The company's services include property leases and sales, wire line or pipeline and fiber optics projects, access property, managing private crossings, promoting businesses with signboards, and natural resource management. Norfolk Southern was founded on July 23, 1980, and is headquartered in Atlanta, GA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Norfolk Southern posts robust Q4 results amidst operational enhancements

Norfolk Southern (NSC) delivered strong financial results in Q4 2022, focusing on operational efficiency, service enhancements, and strategic growth initiatives.
Despite challenges such as macroeconomic uncertainties and service-related costs, NSC remains optimistic, aiming to capitalize on opportunities in market share expansion and network resiliency.
The company's performance, strengths, and proactive approach to challenges position it well for continued growth and competitiveness in the rail industry.

Norfolk Southern prioritizes safety and resilience amidst operational challenges

Norfolk Southern is prioritizing safety enhancements, cost-effective measures, and workforce optimization to improve service quality. The company's strategy focuses on resilient service, supporting highway to rail conversions, and investing in employee training. Despite challenges, Norfolk Southern remains committed to competitive margins, revenue growth, EPS, and ROIC.

Norfolk Southern reports Q2 revenue decline, focuses on recovery

Norfolk Southern (NSC) faced revenue declines and operational challenges in Q2 2023, impacted by the Eastern Ohio derailment and market headwinds.
Despite challenges, the company remains committed to safety, recovery, and long-term value creation, focusing on efficiency and service excellence.
Opportunities for OR improvement, cost management, and service enhancements provide a path for Norfolk Southern (NSC) to navigate challenges and drive future growth.

Norfolk Southern (NSC) reports Q3 improvements amidst cost pressures

Norfolk Southern (NSC) navigated challenges in Q3 with a focus on resilience and operational excellence. Despite cost pressures, the company saw improvements in service, volume, and safety performance. With a strategic focus on industry competitive margins and growth opportunities, Norfolk Southern is investing in service enhancements and productivity to drive future success.

Norfolk Southern (NSC) reports safety improvements and growth strategies

Norfolk Southern (NSC) navigated challenges in 2023 with a focus on safety, service improvements, and sustainable growth strategies. Despite cost impacts and margin challenges, the company remains optimistic about modest volume growth and revenue enhancement opportunities in 2024.

Norfolk Southern prioritizes productivity and efficiency for industry competitiveness

Norfolk Southern (NSC) focused on productivity and efficiency to achieve industry competitive margins in Q1 2024.
Operational changes led by new COO John Orr emphasized safety, productivity, and network optimization efforts.
Challenges in revenue declines and market outlook were addressed, with opportunities for growth through operational enhancements.
Confidence in achieving operational targets and reducing headcount through productivity initiatives was expressed.
Balanced strategy focusing on service, productivity, and growth to drive transformational journey.
Customer service improvements and changes underway were well-received, with a focus on velocity and reliability.

Norfolk Southern reports solid Q2 earnings amidst coal market challenges

Norfolk Southern's Q2 2024 performance showcased financial strength, operational improvements, and a focus on safety and productivity. While facing challenges in the coal market, the company remains committed to its strategy and delivering results. Opportunities for growth through partnerships and operational enhancements position Norfolk Southern for long-term success.

Norfolk Southern reports robust Q3 earnings amidst market challenges

Norfolk Southern (NSC) delivered strong financial results with revenue and earnings growth, driven by volume increases and cost management initiatives.
The company's emphasis on safety, productivity, and cost reductions underscores its commitment to operational excellence and sustainable growth.
While facing challenges from market uncertainties and external impacts, Norfolk Southern remains focused on enhancing operational efficiency and seizing growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Norfolk Southern Corp. is a transportation company, which engages in the rail transportation of raw materials, intermediate products, and finished goods. The company also transports overseas freight through several Atlantic and Gulf Coast ports. Its services include property leases and sales, wire line or pipeline and fiber optics projects, access property, managing private crossings, promoting businesses with signboards, and natural resource management. The company was founded on July 23, 1980 and is headquartered in Atlanta, GA.

Norfolk Southern Corp. NSC, +0.09% has reached an agreement in principle to settle a class action lawsuit brought after last year's derailment of one of the company's trains in East Palestine, Ohio. In a statement released Tuesday, Norfolk Southern said it has reached a $600 million agreement in principle to settle the lawsuit.

Norfolk Southern reaches agreement in principle to settle East Palestine class action

Reaffirms full-year 2024 adjusted operating ratio guidance improvement, including 400+ basis points improvement in the second half Provides progress update on actions to close margin gap with peers Results include $600M agreement in principle related to East Palestine derailment class action litigation ATLANTA , April 9, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday preliminary first quarter 2024 financial results. Preliminary first quarter 2024 results GAAP Results Adjusted Results Railway operating revenues $3,004 million $3,004 million Railway operating expenses $2,791 million  $2,100 million  Income from railway operations $213 million $904 million Operating ratio 92.9 % 69.9 % Diluted earnings per share $0.23 $2.49 "In the first quarter, we delivered an adjusted operating ratio in line with our guidance, which called for a seasonal increase of 100-200 basis points sequentially from the fourth quarter," said Norfolk Southern President and Chief Executive Officer Alan H.

Norfolk Southern reports preliminary first quarter 2024 results

President and CEO Alan Shaw and COO John Orr to discuss the company's strategic progress and path to close the margin gap with peers ATLANTA , April 8, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer Alan Shaw, and Executive Vice President and Chief Operating Officer John Orr will participate in a fireside chat hosted by Wolfe Research's Scott Group. During the event, Shaw and Orr will discuss Norfolk Southern's balanced strategy that is building a more resilient, productive railroad and the company's new operational initiatives to accelerate progress to close the margin gap with peers.

Norfolk Southern to participate in fireside chat with Wolfe Research

Ancora's two-month fight with Norfolk Southern took another turn on Friday, when the firm publicized allegations of past misconduct on behalf of the new COO.

Norfolk Southern activist investor highlights past abusive behavior of new COO as proxy fight intensifies

ATLANTA , April 5, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its first quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, April 24, 2024.

Norfolk Southern to announce first quarter 2024 earnings results on April 24, 2024

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors' (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO. *** April 5, 2024 Fellow Shareholders, Ancora is a sizable shareholder of Norfolk S.

Ancora Issues Letter to Fellow Shareholders Regarding Norfolk Southern's Failures of Diligence and Poor Judgment in Appointing John Orr as COO

Executive compensation plan adjustments address shareholder feedback and hold management accountable to deliver on key objectives ATLANTA , April 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) provided an update Thursday on its plan to accelerate progress on its strategy and deliver long-term shareholder value. Alan Shaw, Norfolk Southern president and chief executive officer, said, "The initiatives announced today will help us progress toward our strategic goals and close the margin gap with our peers.

Norfolk Southern announces new initiatives to drive further productivity and accountability

Norfolk Southern's (NSC) dedication to rewarding shareholders despite challenges is commendable. However, declining revenues, a worsening operating ratio and elevated labor costs are major headwinds.

Here's Why Norfolk Southern (NSC) Can Grace Your Portfolio

By purchasing the GLR property in Chicago, Norfolk Southern (NSC) aims to enhance freight transportation services and access to new markets.

Norfolk Southern (NSC) Purchases Great Lakes Reload property

As experts weigh the impact of the Francis Scott Key Bridge collapse in Baltimore, CSX Corp. is the most affected among major North American railroad operators, according to analysts.

This railroad operator is most impacted by the Baltimore bridge collapse

Norfolk Southern Corp. has urged shareholders to get behind the company's management team to fight an activist investor's takeover bid and its calls for the ouster of the railroad operator's CEO, Alan Shaw.

Norfolk Southern calls on shareholders to reject activist investor's takeover bid

Strategic deal enhances rail network's first and final mile solutions ATLANTA , April 2, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday the purchase of the Great Lakes Reload (GLR) property, a direct rail and truck-served transload and warehouse facility located in Chicago. The purchase advances Norfolk Southern's strategy to convert flexible freight to rail, and in acquiring this space, the rail company and GLR operators will provide joint customers with better access to new markets and better connectivity within existing markets.

Norfolk Southern to purchase Chicago transload and warehouse facility

Urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today ATLANTA , April 2, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today sent a letter to shareholders detailing the strength of its proven management team, who are accelerating the company's balanced strategy to narrow the operating ratio gap with peers and deliver sustainable shareholder value. In the letter the company highlighted: CEO Alan Shaw's decisive, proven leadership in successfully executing Norfolk Southern's strategic transformation.

Norfolk Southern outlines management team's progress to accelerate balanced strategy and drive productivity

Norfolk Southern faced criticism over the past year after one of its freight trains derailed in Ohio, releasing toxic chemicals into the soil, water and air.

Norfolk Southern CEO says activist investor's responses to settlement are 'unreasonable'

HUNTSVILLE, Ala. , March 27, 2024 /PRNewswire/ -- The International Intermodal Center at the Port of Huntsville announces another year of exceptional growth in 2023.

The Port of Huntsville Marks Another Year of Growth in Intermodal Transportation

Arch Resources

Peabody Energy

CONSOL Energy

Ford Motor Company

General Motors

The Francis Scott Key Bridge in Baltimore was struck by a cargo ship, causing significant damage and loss of life. The accident has disrupted major supply chains, particularly in maritime transportation and the traffic situation in the Baltimore area. Automotive companies are finding alternative shipping routes, while coal exporters are facing a shutdown of coal exports for at least six weeks.

Ship Happens - Decoding The Baltimore Accident And Potential Trading Ideas

Urges shareholders to vote "FOR" ONLY Norfolk Southern's nominees on the WHITE proxy card today ATLANTA , March 26, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today issued the following statement highlighting the strength of its board of directors and its track record of thoughtful refreshment: Norfolk Southern's board is composed of industry leaders with the specific skills needed to oversee our strategy, drive sustainable value, and hold management accountable. Our board members have significant, complementary, and diverse expertise, including rail transportation, operations, finance, regulatory and governmental relations, safety, sustainability, cybersecurity, and other relevant skills to continue the board's effective, independent oversight.

Norfolk Southern highlights strengths of its highly qualified board

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that it is filing a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of seven highly qualified director candidates for election to the Company's Board of Directors (the “Board”) at the 20.

Ancora Sends Letter to Norfolk Southern Shareholders Regarding the Three-Year Path to Superior Performance and Significant Value Creation

Norfolk Southern (NSC) announces the appointment of John Orr as its executive vice president and chief operating officer.

Norfolk Southern (NSC) Announces New Executive VP and COO

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below statement in response to the Company's appointment of its third COO in two years under CEO Alan Shaw: “The Board and Mr. Shaw put their own interests ahead of shareholders' interests by paying $25 million and giving up part of Norfolk Southe.

Ancora Details Serious Governance, Process and Competition-Related Issues Stemming from Norfolk Southern's Appointment of John Orr as COO

Files definitive proxy statement and mails letter to shareholders Urges shareholders to vote "FOR" ONLY Norfolk Southern's highly qualified nominees on the WHITE proxy card Launches VoteNorfolkSouthern.com , providing additional information for shareholders ATLANTA , March 20, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday that it has filed its definitive proxy materials with the Securities and Exchange Commission (SEC). Norfolk Southern also announced its 2024 Annual Meeting of Shareholders will be held on May 9, 2024.

Norfolk Southern highlights its balanced strategy and clear pathway to delivering sustainable shareholder value

Proven scheduled railroading operator enhances leadership team and will help accelerate implementation of the company's strategy ATLANTA , March 20, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday the appointment of John Orr as executive vice president and chief operating officer, effective immediately. Throughout his four-decade career, Orr has earned a reputation as a proven leader in applying scheduled railroading principles to drive sustainable long-term value creation.

Norfolk Southern appoints industry veteran John Orr as chief operating officer

Revenue woes, a declining operating ratio and rising labor costs pose challenges for Norfolk Southern (NSC).

Here's Why Investors Should Give Norfolk Southern (NSC) a Miss

ATLANTA, March 15, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday that it has appointed Betsy Talton-Buck as vice president and chief communications officer, and Angie Kolar as vice president and chief compliance officer. Both appointments are effective April 9, 2024, and will report to Executive Vice President Corporate Affairs and Chief Legal Officer Nabanita Nag.

Norfolk Southern appoints corporate communications, compliance leaders

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that its slate of director candidates and suggested management team have issued the below statement and released a summarized white paper that includes analysis and recommendations pertaining to the Company's safety culture (downloadable here). “As.

News for Norfolk Southern Stock (NSC)