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

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Earnings data Q1 2024

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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.

CSX Corporation (NASDAQ: CSX) and Norfolk Southern Corp. (NYSE: NSC) traded higher on Friday after Stifel upgraded the two companies from a Hold rating to a Buy rating. In the recent industry report, Benjamin Nolan analyzed the current state of American railways and offered insight on recessionary.

Why Stifel Analysts Upgraded These Rail Stocks To A Buy: 'It Shouldn't Be As Bad As 2006-2009'

Kirby

Southwest Airlines

Higher revenues are likely to have aided CSX's Q2 performance.

Factors to Decide the Fate of CSX This Earnings Season

Norfolk Southern (NSC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Norfolk Southern (NSC) Could Beat Earnings Estimates Again

Union Pacific

Shares of Union Pacific Corp. sank 1.6% and Norfolk Southern Corp. dropped 0.8% in midday trading Tuesday, after JPMorgan analyst Brian Ossenbeck downgraded both railroad operators to neutral from overweight, citing lower earnings expectations due to persistently weak operations and lower economic forecasts. Ossenbeck said that although the stocks' risk-versus-reward profiles appears balanced given that prices have already dropped from peak valuations levels in late March, the selloffs have not yet priced in the full impact of a potential freight recession, and the consensus analyst earnings estimates actually went.

Union Pacific, Norfolk Southern stocks drop after JPMorgan downgrades, citing recession risks

ATLANTA , July 5, 2022 /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 Wednesday, July 27, 2022.

Norfolk Southern to Announce Q2 2022 Earnings on July 27

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Norfolk Southern (NSC) have what it takes?

Why Norfolk Southern (NSC) is a Great Dividend Stock Right Now

Efforts to reward its shareholders through dividends and buybacks bode well for Norfolk Southern (NSC).

Why Investors Should Buy Norfolk Southern (NSC) Stock Now

NS introduces new operating plan for intermodal shipments Norfolk Southern has officially launched its new operating plan aimed at boosting intermodal service. It's called TOP|SPG, standing for “Thoroughbred Operating Plans” and “service, productivity and growth,” NS (NYSE: NSC) said Monday.

Norfolk Southern launches new intermodal operating plan

Norfolk Southern's (NSC) new operating plan, which focuses on its intermodal unit, is aimed at improving service, productivity and growth.

Norfolk Southern (NSC) Launches Operating Plan to Foster Growth

ATLANTA , June 27, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has launched TOP|SPG, a new operating plan designed to improve service, enhance productivity, and create a platform for growth. The operating plan guides the day-to-day movement of trains and shipments through Norfolk Southern's network.

Norfolk Southern launches customer-centric operating plan: TOP|SPG

Jason Morris becomes VP Law; Wai Wong elevated to VP Labor Relations ATLANTA , June 23, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) today announced three changes in the company's executive management team. Nabanita Nag is appointed Executive Vice President & Chief Legal Officer.

Norfolk Southern Names Nabanita Nag Executive Vice President & Chief Legal Officer

Why Norfolk Southern (NSC) is a Top Dividend Stock for Your Portfolio

Norfolk Southern's new initiative to provide expedited service between the East and West coasts with three partners — ocean carrier Hapag-Lloyd, western U.S. Class I counterpart Union Pacific and the Port of Virginia — suggests the four parties are seeking opportunities to maximize recent capital investments while also addressing ongoing congestion. NS (NYSE: NSC) said the partnership, named OceaNS Bridge Express, will provide shippers a new option to reach West Coast markets.

Norfolk Southern connecting East, West coasts with expedited intermodal service

Norfolk Southern stock (NYSE: NSC), which currently trades at $237 per share, looks like a good investment opportunity.

Should You Buy Norfolk Southern Stock At $240?

Norfolk Southern (NSC) announces a new service in partnership with Union Pacific for an expedited movement of containers from the East Coast to the West.

Norfolk Southern's (NSC) New Service to Connect East-West Coasts

ATLANTA , June 8, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced OceaNS Bridge Express, a new partnership with Hapag-Lloyd (FWB: HLAG), Union Pacific Railroad (NYSE: UNP), and the Port of Virginia to provide expedited service from the East Coast to the Western United States, giving shippers a new option to reach West Coast markets. OceaNS Bridge Express, a first-of-its-kind service, will originate at the Norfolk International Terminal at the Port of Virginia and interchange with Union Pacific in Chicago, with connections to West Coast markets.

Norfolk Southern launches innovative partnership to give shippers a new option to reach West Coast markets

NEW YORK , June 7, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today rang The Opening Bell® at the New York Stock Exchange (NYSE), celebrating the 40th anniversary of the historic merger of Norfolk and Western Railway and Southern Railway that created Norfolk Southern on June 1, 1982. Joining President and CEO Alan H.

Norfolk Southern celebrates 40th anniversary by ringing The Opening Bell® at the NYSE

Supply-chain woes represent a major headwind to the Norfolk Southern (NSC) stock.

Norfolk Southern's (NSC) Dividends a Savior, Volume Woes Sting

Norfolk Southern (NSC) is a Top Dividend Stock Right Now: Should You Buy?

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

Why Is Norfolk Southern (NSC) Down 11% Since Last Earnings Report?

Georgia Central Railway will service Hyundai Motor Group's new $5.5 billion electric vehicle and battery manufacturing facility near Savannah, Georgia, its parent company Genesee & Wyoming announced Monday.  The short line will transport inbound materials to support production, as well as outbound finished vehicles to markets across the U.S. Commercial production is expected to start in the first half of 2025.

G&W subsidiary to service Hyundai's $5.5B EV and battery facility

Attorneys representing shippers in litigation involving four Class I railroads praised a federal appeals court decision this week that clarified what evidence can be submitted in two cases involving alleged price fixing in the early 2000s.  Stephen Neuwirth, an attorney with Quinn Emanuel Urqhuart & Sullivan, said in a statement that the “opinion will greatly assist the shippers in making their antitrust case against the railroads.

Rail shippers applaud federal appeals court ruling on alleged price fixing

ATLANTA , May 19, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer, Alan H. Shaw and Executive Vice President and Chief Financial Officer, Mark R.

Norfolk Southern to present at 15th Annual Wolfe Research Global Transportation & Industrials Conference

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ATLANTA , May 12, 2022 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) will deliver long-term value to shareholders by becoming more customer-centric and operations-driven, President and CEO Alan H. Shaw said at the company's annual meeting Thursday.

News for Norfolk Southern Stock (NSC)