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.

Adobe

Autodesk

Bank of America

CME Group

Cheniere Energy Partners

Corteva Inc

Alphabet

Harley-Davidson

Keysight

Lam Research

Microchip Technology

Monolithic Power Systems

ServiceNow

Northern Trust

Pfizer

Polaris

Charles Schwab

Tradeweb Markets

U.S. Bancorp

Veeva Systems

Wells Fargo

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale - The May 2023 Heat Map

NEW YORK , May 8, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Norfolk Southern Corporation (NYSE: NSC) between October 28, 2020 and March 3, 2023, both dates inclusive (the "Class Period"), of the important May 15, 2023 lead plaintiff deadline. SO WHAT: If you purchased Norfolk Southern securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, NATIONAL TRIAL COUNSEL, Encourages Norfolk Southern Corporation Investors to Secure Counsel Before Important May 15 Deadline in Securities Class Action - NSC

Delta Air Lines

First Trust Nasdaq Transportation ETF

iShares Transportation Average ETF

J.B. Hunt Transport Services

United Continental Hlds

Union Pacific

SPDR S&P Transportation ETF

The first-quarter earnings picture for the transportation sector has been solid. This is especially true as the sector is the largest contributor to the earnings growth so far.

A Look at Transport ETFs Post Q1 Earnings

The New York state comptroller says board members haven't fully addressed safety concerns and legal risks.

Norfolk Southern Annual Meeting a Test of Investor Response to East Palestine Crisis

Did you lose money on investments in Norfolk Southern? If so, please visit Norfolk Southern Corporation Shareholder Class Action Lawsuit or contact  Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.

NORFOLK SOUTHERN CORPORATION (NYSE: NSC) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Norfolk Southern Corporation (NYSE: NSC)

NEW ORLEANS , May 5, 2023 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 15, 2023 to file lead plaintiff applications in a securities class action lawsuit against  Norfolk Southern Corporation (NYSE: NSC), if they purchased the Company's shares between October 28, 2020 and March 3, 2023, inclusive (the "Class Period").  This action is pending in the United States District Court for the Southern District of Ohio.

NORFOLK SOUTHERN SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Norfolk Southern Corporation - NSC

CEDARHURST, N.Y. , May 3, 2023 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Norfolk Southern Corporation (NYSE: NSC), if they purchased the Company's shares between October 28, 2020 and March 3, 2023, inclusive (the "Class Period").

FILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Norfolk Southern Corporation - NSC

NEW YORK , May 1, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Norfolk Southern Corporation (NYSE: NSC) between October 28, 2020 and March 3, 2023, both dates inclusive (the "Class Period"), of the important May 15, 2023 lead plaintiff deadline. SO WHAT: If you purchased Norfolk Southern securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A RANKED AND LEADING FIRM, Encourages Norfolk Southern Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - NSC

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of Ohio (Eastern Division) against Norfolk Southern Corporation (“Norfolk Southern”) (NYSE: NSC). The action charges Norfolk Southern with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's bus.

Final Deadline Approaching on May 15, 2023 for NSC Investors: Kessler Topaz Meltzer & Check, LLP Reminds Norfolk Southern Corporation (NSC) Investors of Class Action Lawsuit Deadline

NEW YORK--(BUSINESS WIRE)---- $NSC #NSC--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Norfolk Southern Corporation (NYSE: NSC) between October 28, 2020 and March 3, 2023, both dates inclusive (the “Class Period”), of the important May 15, 2023 lead plaintiff deadline. SO WHAT: If you purchased Norfolk Southern securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arra.

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Norfolk Southern Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NSC

RADNOR, Pa. , April 29, 2023 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Norfolk Southern Corporation ("Norfolk Southern") (NYSE: NSC).

Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against Norfolk Southern Corporation

NEW ORLEANS , April 28, 2023 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 15, 2023 to file lead plaintiff applications in a securities class action lawsuit against Norfolk Southern Corporation (NYSE: NSC), if they purchased the Company's shares between October 28, 2020 and March 3, 2023, inclusive (the "Class Period").

NORFOLK SOUTHERN SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Norfolk Southern Corporation - NSC

Norfolk Southern and the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD) have reached a “landmark” scheduling agreement for train conductors, according to a joint news release Friday. While the exact details of the agreement weren't available, the tentative deal, which needs to be ratified by union members, offers “a comprehensive suite of new benefits and workplace enhancements,” according to the release.

Norfolk Southern, SMART-TD reach labor scheduling deal for conductors

Tentative agreement includes scheduling, paid sick leave ATLANTA and INDEPENDENCE, Ohio , April 28, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) and the International Association of Sheet Metal, Air, Rail and Transportation Workers — Transportation Division (SMART-TD) announced Friday that they have reached a ground-breaking, system-wide tentative agreement. The agreement would offer a comprehensive suite of new benefits and workplace enhancements to improve quality of life for Norfolk Southern's conductors.

Norfolk Southern and SMART-TD reach comprehensive tentative agreement on quality-of-life benefits

Canadian National Railway Company

Canadian Pacific Kansas City Limited

Railroads had been steady outperformers over the past 10 years. However, they're once again selling off, as a mix of economic and operating challenges are impacting profits. Bulk and merchandise shipments were tailwinds. Intermodal was a major headwind, which is expected to last, given economic developments and structural changes in the economy.

Why Railroad Stocks Are Selling Off

Norfolk Southern officials are hoping for service improvements in the second half of 2023 following a first half marred by a number of prominent train derailments, most notably the February derailment in East Palestine, Ohio, of rail cars carrying vinyl chloride. “We are going to learn from this accident to become a safer company,” NS President and CEO Alan Shaw said in prepared remarks during NS' first-quarter 2023 earnings call Wednesday.

Norfolk Southern eyes service improvements in back half of 2023

Norfolk Southern Corporation (NSC) Q1 2023 Earnings Call Transcript.

Norfolk Southern Corporation (NSC) Q1 2023 Earnings Call Transcript

Norfolk Southern's (NSC) first-quarter 2023 earnings and revenues surge year over year.

Norfolk Southern (NSC) Q1 Earnings & Revenues Beat, Rise Y/Y

Norfolk Southern (NSC) came out with quarterly earnings of $3.32 per share, beating the Zacks Consensus Estimate of $3.15 per share. This compares to earnings of $2.93 per share a year ago.

Norfolk Southern (NSC) Beats Q1 Earnings and Revenue Estimates

The charge resulted in a year-over-year decline in first-quarter profits, the rail company said.

Norfolk Southern reports $387 million charge for the first quarter after East Palestine derailment

Norfolk Southern said a February derailment that released massive amounts of toxic chemicals in East Palestine, Ohio, cost the railroad $387 million. That dragged profit lower by about a third.

Norfolk Southern says the toxic train derailment cost it $387 million

The Atlanta-based railroad operator said the train derailment that spilled toxic chemicals in a small town earlier this year has cost the company almost $400 million so far.

Norfolk Southern Says Ohio Derailment Has Cost $387 Million

Shares of Norfolk Southern Corp. NSC edged up 0.2% in premarket trading Wednesday, after the railroad operator reported first-quarter adjusted profit and revenue that topped expectations, as strength in the company's merchandise and coal business offset weakness in intermodal. Net income fell to $466 million, or $2.04 a share, from $703 million, or $2.93 a share, in the year-ago period.

Norfolk Southern stock gains after earnings, excluding charge of nearly $390 million related to train derailment, beats expectations

ATLANTA , April 26, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Wednesday its first quarter 2023 financial results. For the quarter, income from railway operations was $711 million, and diluted earnings per share were $2.04 – down by 34% and 30%, respectively, compared to the first quarter 2022.

Norfolk Southern reports first quarter 2023 results

Norfolk Southern is due to report first-quarter numbers on Wednesday morning. Wall Street is looking for earnings per share of $3.15 from sales of $3.1 billion.

News for Norfolk Southern Stock (NSC)