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, Va., Aug. 9, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today released its 14th annual report on corporate responsibility.

Norfolk Southern releases 2021 ESG report

Arbor Realty Trust

Cintas Corp

Hershey

KLA-Tencor

McKesson

Mondelez

MSCI

Principal Financial Group

Republic Services

Scotts Miracle-Gro

This weekly article series covers dividend changes. A table with relevant data and key statistics of dividend increases is provided.

Dividend Increases: July 24-30, 2021

Bank of Nova Scotia

Cardinal Health

Clorox

Corteva Inc

Oracle

T. Rowe Price Group

In July, we (my wife and I) received a total of $1,147.79 of dividend income. Despite the pandemic from COVID-19, dividend income continues to grow, due primarily to additional investment and reinvestment.

Dividend Income Summary: Lanny's July 2021 Summary

Norfolk Southern (NSC) raises dividend for the second time this year as its operations continue to improve on uptick in volumes.

Norfolk Southern (NSC) Cheers Investors With 10% Dividend Hike

American States Water

Bank of America

Cummins

Dover

Goldman Sachs

Illinois Tool Works

JPMorgan Chase & Co

Altria

Morgan Stanley

J. M. Smucker

Stanley Black & Decker

Dividends are the foundation of our goal to reach financial freedom. We continuously invest in dividend growth stocks to grow our passive income. If the goal is to produce a passive income stream that will one day cover our expenses, making sure that income stream grows is critical. Without growth, your dividend income stream will lose purchasing power to inflation.

3 Dividend Increases Expected In August 2021

NORFOLK, Va., July 30, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that its board of directors has approved a 10% increase in its quarterly dividend on the company's common stock, from $0.99 to $1.09 per share.

Norfolk Southern increases quarterly dividend by 10 cents

Norfolk Southern Corporation's (NSC) CEO on Q2 2021 Results - Earnings Call Transcript

Norfolk Southern's (NSC) Q2 results reflect significant recovery from the year-ago period, with revenues rising 34% year over year on 25% increase in volumes.

Norfolk Southern (NSC) Q2 Earnings Beat, Revenues Up 34% Y/Y

Norfolk Southern (NSC) delivered earnings and revenue surprises of 11.56% and 1.74%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Norfolk Southern (NSC) Tops Q2 Earnings and Revenue Estimates

A 34% increase in operating revenue, including gains for coal and intermodal, boosted Norfolk Southern's net profit for the second quarter of 2021. NS (NYSE: NSC) reported record second-quarter 2021 net income of $819 million, or $3.28 per diluted share, compared with $392 million, or $1.53 per diluted share, in the second quarter of 2020.

Coal, intermodal boost Norfolk Southern's Q2 net profits

Norfolk Southern Corp. (NYSE: NSC) reported second-quarter railway operating revenue growth of 34% year-over-year to $2.8 billion, reflecting a 25% increase in volume and a 7% increase in revenue per unit to $1,542, beats the consensus estimate of $2.74 billion. Sales by segments: Merchandise $1.68 billion (+28.5% Y/Y), Intermodal $801 million (+40.8% Y/Y) and Coal $318 million (+52.2% Y/Y).

Norfolk Southern Beats Q2 Estimates, Raises FY21 Operating Ratio Outlook

Norfolk Southern Corp. reported Wednesday second-quarter profit that more than doubled to beat expectations, as revenue growth was more than triple the increase in costs. The railroad operator's stock was still inactive in premarket trading.

Norfolk Southern profit more than doubles to beat expectations as railway revenue rises 34%

NORFOLK, Va., July 28, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today reported second-quarter 2021 financial results, which included second-quarter records for net income and diluted earnings per share, and all-time quarterly records for operating ratio and income from railway operations.

Norfolk Southern reports second-quarter 2021 results

NORFOLK, Va., July 26, 2021 /PRNewswire/ --  Norfolk  Southern Corporation (NYSE:NSC) today announced its science-based target to achieve a 42% reduction in scope 1 and 2 greenhouse gas emissions intensity by 2034 from a 2019 base year.

Norfolk Southern aims to reduce greenhouse gas emissions intensity 42% by 2034

The stock price of Norfolk Southern reached an all-time high of $290 in May this year before a larger sell-off in the railroad companies, especially on July 8, 2021, drove the stock price down nearly 12% to its current level of around $254. NSC stock declined 7.2% in a single trading session.

What's Next For Norfolk Southern Stock After A 7% Fall Yesterday?

Canadian National Railway Company

Canadian Pacific Kansas City Limited

Kansas City Southern

Union Pacific

Shares of Kansas City Southern (KSU), which is likely to be purchased by Canadian National (CNI) in 2022, decline the most in the railroad space on Jul 8.

U.S. Railroads Lose Value in Thursday's Trading: Here's Why

Norfolk Southern Corp. (NYSE:NSC) shares are trading higher by 3.4% at $262.44 Friday morning after Evercore ISI upgraded the stock from In-Line to Outperform and raised its price target from $301 to $303. Wells Fargo also maintained an Overweight rating and raised its price target from $315 to $318.

Why Norfolk Southern Shares Are Moving Today

This sector was a big part of Thursday's stock market decline.

This Stock Market Recovery Play Just Got Derailed

In light of train operator Amtrak bolstering its fleet modernization project, five railroad companies with high business profitability as of Wednesday are Union Pacific Corp. ( UNP , Financial), CSX Corp. ( CSX , Financial), Norfolk Southern Corp. ( NSC , Financial), Canadian Pacific Railway Ltd. ( CP , Financial) and Kansas City Southern ( KSU , Financial) according to the All-in-One Screener, a Premium feature of GuruFocus.

5 Railroad Companies With High Business Profitability

Norfolk Southern is seeking to quickly repair potentially defective chassis across its network. About 5,100 chassis could be defective.

Defect impacts chassis availability on Norfolk Southern's network

NORFOLK, Va., July 2, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its second-quarter financial results during a conference call and live internet webcast at 8:45 a.m.

Norfolk Southern to hold second-quarter 2021 earnings conference call July 28

Norfolk Southern has been in a downtrend since May and is currently in correction territory.

Credit Suisse Is Right, Norfolk Southern Is A Top Rail Pick

In a world obsessed with price movements of stocks, it's easy to lose sight of what those prices represent -- the value of holding a company's future profit potential. One of the key ways that profit potential turns into profit actualization in an investor's pocket is the dividend -- cash (usually) payments made to stockholders representing a portion of a company's retained earnings.

Why Worry With Dividends? Their Five-Year Reinvested Value for Norfolk Southern

Employment levels for the U.S operations of the Class I railroads in May were at their highest point in 2021 year to date, although overall headcount is still down year-over-year, according to data submitted to the Surface Transportation Board (STB). The increase in U.S. Class I headcount comes as a number of Class I railroads tell federal regulators that they are actively recruiting and hiring for new train conductors (see below).

US Class I rail headcount sees modest gains in May

NORFOLK, Va., June 22, 2021 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) applauds 43 chemical customers who earned its 2020 Thoroughbred Chemical Safety Award for safely handling products regulated as hazardous materials.

News for Norfolk Southern Stock (NSC)