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.

Thoroughbred Scholars program continues support of railroaders' children ATLANTA , July 19, 2023 /PRNewswire/ -- More than 100 children of Norfolk Southern Corporation (NYSE: NSC) employees will receive college scholarships through the Thoroughbred Scholars program, which launched in July 2022 . Each year, the program provides 100 scholarships for up to $10,000 over four years, along with three additional scholarships for distinguished students who will receive rewards of up to $40,000 over four years.

Norfolk Southern awards over 100 scholarships

Annual ESG report highlights commitment to the community of East Palestine, safety enhancements ATLANTA , July 12, 2023 /PRNewswire/ --  Norfolk Southern Corporation  (NYSE: NSC) Wednesday released its annual Environmental, Social, Governance (ESG) report, "Forging a Better Tomorrow," spanning 2022 and early 2023. The report highlights Norfolk Southern's long-term strategy to balance service, productivity and growth, initiatives to enhance rail safety, and the company's ongoing efforts in East Palestine, Ohio.

Norfolk Southern shares progress on environmental, social, and governance initiatives

Norfolk Southern has sued rail car owners over cleanup costs stemming from the February derailment of a Norfolk-operated train in East Palestine, Ohio, that caused a toxic chemical spill.

Norfolk Southern sues rail and chemical companies over East Palestine cleanup

ATLANTA , June 30, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its second quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on Thursday, July 27, 2023.

Norfolk Southern to announce Q2 2023 earnings results on July 27, 2023

OMAHA, Neb. — Firefighters who responded to February's fiery train derailment in Ohio struggled to immediately identify the hazardous chemicals the train was hauling due to a lack of communication from the railroad, officials said Thursday.

Poor communication, incomplete information marred response to fiery Ohio derailment

Norfolk Southern supervisors didn't heed a warning about the length of a train that would eventually derail in Ohio, spilling toxic chemicals, the NTSB said.

Norfolk Southern engineer's safety warning was unheeded before Ohio derailment, NTSB says

Canadian National Railway Company

Canadian Pacific Kansas City Limited

Union Pacific

After years outperforming the market, freight-rail stocks Norfolk Southern, Union Pacific, Canadian National, Canadian Pacific, and CSX have stalled. The engine could start up again.

Railroad Stocks Look Ready to Roll Again, Says Analyst

Returning to the pre-inflation shock level means that NSC stock will have to gain more than 30% from here.

Will Norfolk Southern Stock Rebound To Its Pre-Inflation Shock Highs?

CME Group

My investment strategy, inspired by Warren Buffett, focuses on beaten-down stocks with value and growth characteristics for long-term outperformance. In this article, I explain what Buffett is looking for in a high-quality company and how this can help us build long-term wealth. I also show you two investments of mine that I recently bought more stock of. Two Buffett-like investments with a bright future.

2 Buffett-Style Dividend Bargains I Am Buying

Norfolk Southern offers five tips for citizens to stay safe near the rails ATLANTA , June 15, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is recognizing National Safety Month and reminding Americans of five simple tips to stay safe when near railroad tracks. "Trains are the safest and most sustainable way to move freight over land.

National Safety Month: See tracks, think safety

ATLANTA , June 8, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has been recognized for its carbon reduction goals and sustainability initiatives on two inaugural lists: USA Today's America's Climate Leaders 2023 and Forbes' Net Zero Leaders 2023. "Rail is the safest, most sustainable way to move freight over land, and our customers avoid 15 million metric tons of carbon emissions annually by choosing Norfolk Southern," said Josh Raglin, Chief Sustainability Officer for Norfolk Southern.

Norfolk Southern recognized by USA Today, Forbes for climate leadership

Atlanta-area event kicks off National Safety Month ATLANTA , June 7, 2023 /PRNewswire/ -- Governor Brian P. Kemp and First Lady Marty Kemp joined Norfolk Southern Corporation (NYSE: NSC) President and CEO, Alan H.

Norfolk Southern, Gov. Kemp promote first responder safety training

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The author's May dividend income reached $883, a 20.25% increase compared to May 2022. Banks contributed 22.4% of the May dividend income, with a total of $198.05. The AT&T dividend cut in 2021 still impacts the author's dividend income, preventing them from crossing the $1,000 mark.

Bert's May 2023 Dividend Income Summary

The deal between Norfolk Southern (NSC) and the International Association of Sheet Metal, Air, Rail and Transportation Workers Transportation Division marks the former's favorable terms with unions.

Norfolk Southern (NSC) Inks Paid Sick Leave Deal With SMART-TD

Norfolk Southern Corp has asked a U.S. judge to toss a proposed class action lawsuit it is facing over a February train derailment that led to a toxic chemical spill in East Palestine, Ohio, arguing the claims are “threadbare” and barred by federal law.

Norfolk Southern says East Palestine residents' suit barred by US law

NS  becomes first Class I railroad to negotiate paid sick leave for all craft railroaders ATLANTA, and INDEPENDENCE, Ohio , June 5, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) and the International Association of Sheet Metal, Air, Rail and Transportation Workers — Transportation Division (SMART-TD) announced today that they have reached an agreement with representatives for their final group of craft employees – yardmasters – to provide up to seven paid sick days per year. The agreement will immediately provide nearly 300 Norfolk Southern yardmasters with four new days of paid sick leave per year while also offering them the flexibility to use up to three additional days of existing paid time off as sick leave.

Norfolk Southern and SMART-TD reach yardmaster sick leave deal, completing negotiations with all unions

SAN FRANCISCO , June 5, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential shareholder derivative claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC). On February 3, 2023, a Norfolk Southern train derailed in East Palestine, Ohio, releasing toxins and other combustible liquids, which ultimately led to a controlled burn of toxic chemicals.

SHAREHOLDER ALERT: Norfolk Southern Corporation (NSC) Officers and Directors Face Shareholder Investigation for Potential Wrongdoing Related to the February 2023 East Palestine Train Derailment

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My dividend growth portfolio consists of 22 individual stocks in eight sectors, with a focus on industries with high entry barriers and dominant positions in supply chains. The portfolio has delivered solid returns, outperforming the S&P 500 by 400 basis points annually since 2013, despite recent market challenges. Going forward, I plan on adding to cyclical holdings and expanding my real estate exposure while maintaining my long-term investment strategy.

My Improved Six-Figure Market-Beating Dividend Growth Portfolio

Here we pick four railroad stocks, Union Pacific (UNP), Canadian National (CNI), Norfolk Southern (NSC) and CSX Corporation (CSX), which have recently entered into collective deals with the unions.

Are Railroad Companies Becoming More Employee Friendly?

Norfolk Southern (NSC) reported earnings 30 days ago. What's next for the stock?

Norfolk Southern (NSC) Up 5.2% Since Last Earnings Report: Can It Continue?

Three months after a catastrophic derailment in East Palestine, Ohio, Norfolk Southern Corp. has brought in Atkins Nuclear Secured to conduct an independent safety review of the rail company.

Norfolk Southern taps Atkins Nuclear Secured to lead safety review

Review will help strengthen safety culture across the company ATLANTA , May 25, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) announced the appointment of Atkins Nuclear Secured (ANS), a member of the SNC-Lavalin Group, to conduct an independent review of the company's safety-first culture. ANS has decades of experience, with a focus on the nuclear sector, and is one of the world's most respected firms composed of safety, security, engineering, and project management experts.

Norfolk Southern appoints Atkins Nuclear Secured to lead independent safety review

Norfolk Southern and the heads of 12 unions have pledged to work together to improve safety, sending a letter to all craft and management employees describing the renewed partnership. The letter, signed by NS President and CEO Alan Shaw and the presidents of the 12 unions, comes as NS (NYSE: NSC) and other Class I railroads face federal scrutiny over railroad safety.

Norfolk Southern and rail union presidents renew safety commitment

In a letter to all company employees, the signatories state: " the importance of safety unites us" ATLANTA , May 23, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and CEO Alan H. Shaw and leaders of 12 Norfolk Southern labor unions sent a joint letter Tuesday underscoring their shared goal of partnering together to drive continuous improvement in rail safety at the company.

Norfolk Southern and twelve labor unions commit to working together to enhance rail safety

Growing trends within the railroad market have the stocks in reversal. The combination of institutional support and analysts' upgrades have the stocks at a bottom and moving higher with an expectation for a recovery that could last beyond 2024.

News for Norfolk Southern Stock (NSC)