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

Norfolk Southern to hold first-quarter 2021 earnings conference call April 28

Canadian National Railway Company

Canadian Pacific Kansas City Limited

Kansas City Southern

Union Pacific

All of the publicly traded Class I railroads presented at investment bank JP Morgan's industrial conference last week. Here are some themes expressed through the multiday event: Weather dents February's rail volumes and could impact first-quarter results When the Class I railroads reported their fourth-quarter earnings results in January, they anticipated favorable volume expectations for 2021.

Class I railroads outline 2021 projections, February weather impacts

It's the latest sign of rotation on Wall Street.

This Surprise Merger News Helped the Stock Market Chug Ahead Monday

The U.S. railroad industry seems ready to continue its turnaround after being affected by the COVID-19 pandemic, making it wise to look at names like Norfolk Southern (NSC) and Union Pacific (UNP)

4 Stocks to Watch as Railroad Industry Continues to Rebound

NORFOLK, Va., March 9, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Mark R.

Norfolk Southern to present at J.P. Morgan Industrials Conference

Anthem

Bausch Health Companies Inc

DuPont de Nemours

Takeda Pharmaceutical

Tenet Healthcare

Glenview Capital Management recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

The Top New Buys of Larry Robbins' Firm

U.S. District Court Judge Paul A. Friedman determined Friday that four railroads — Union Pacific (NYSE: UNP), BNSF (NYSE: BRK), CSX (NASDAQ: CSX) and Norfolk Southern (NYSE: NSC) — must include certain evidence in ongoing legal proceedings concerning allegations of price fixing that occurred in the early 2000s.

Discussions among railroads to be allowed as evidence in price-fixing lawsuits

After a rise of over 2x from its March 2020 lows, at the current price of $253 per share, Norfolk Southern stock, one of the largest railroad companies in the Eastern United States, appears to be fully valued. NSC stock has rallied from $118 to $253 off the March 2020 bottom compared to the S&P.

After A 2x Rally Norfolk Southern Stock Now Appears Vulnerable To Downside Risk

NORFOLK, Va., Feb. 11, 2021 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) announced today that its board of directors has elected Hunt Cary, a 28-year railroad veteran, as vice president operations efficiency. Joining Norfolk Southern from Union Pacific Corporation, Cary brings extensive...

Norfolk Southern names Hunt Cary as vice president operations efficiency

NORFOLK, Va., Feb. 9, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Mark R. George and Executive Vice President and Chief Marketing Officer Alan H. Shaw will make a presentation at: Citi 2021 Global Industrials Virtual...

Norfolk Southern to present at Citi's 2021 Global Industrials Virtual Conference

Archer-Daniels-Midland Company

Arthur J. Gallagher & Co.

Air Products and Chemicals

Church & Dwight

Comcast

Kimberly-Clark

MarketAxess Holdings

This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Dividend Changes: January 23-29, 2021

Norfolk Southern is an old railroad company but a backbone of the American economy. Even in 2020, the company generated (record) free cash flow and was able to both increase dividends and buy back shares.

Owning Norfolk Southern Feels Like Having A Money Printer

First Trust Nasdaq Transportation ETF

iShares Transportation Average ETF

J.B. Hunt Transport Services

SPDR S&P Transportation ETF

The Q4 earnings reports have led to rough trading in transport ETFs over the past 10 days.

Airlines Drag Down Transportation Q4 Earnings: ETFs in Focus

Apple

American Electric Power Company

Amgen

Costco

Cintas Corp

W.W. Grainger

Intel

Eli Lilly

Landstar System

Visa

WEC Energy Group

In this article series, we provide a summary of upcoming ex-dividend dates.

Upcoming Ex-Dividend Dates: February 3-12, 2021

GATX

With the scenario brightening for the transportation stocks, we believe, Norfolk Southern (NSC), Canadian National (CNI), J.B. Hunt (JBHT) and GATX that raised dividends recently, should be on an investor's radar.

4 Transportation Stocks With Dividend Growth to Watch Now

Class I rail executives are hoping anticipated higher North American intermodal volumes will be a moneymaker for their companies in 2021. The COVID-19 pandemic is continuing to spur high e-commerce levels, with consumer spending expected to remain elevated, executives said over the last two weeks in fourth-quarter earnings calls to investors and analysts.

Class I railroads upbeat about intermodal in 2021

The company's latest quarterly report shows why it's on track to become an even better holding for dividend investors.

This Railway Stock's Earnings Point to Attractive Total Return Potential

Norfolk Southern (NYSE: NSC) has begun to focus more on lengthening trains and increasing train weights as a way to keep costs down and increase network productivity, according to executives on the company's fourth-quarter earnings call on Wednesday. “Traffic coming back is our challenge and opportunity,” Norfolk Southern (NS) Chief Operating Officer Cindy Sanborn told investors and analysts on the call.

Norfolk Southern eyes longer, heavier trains as it pursues PSR

Norfolk Southern Corporation's (NSC) CEO Jim Squires on Q4 2020 Results - Earnings Call Transcript

Low operating expenses aid Norfolk Southern's (NSC) bottom line in Q4.

Norfolk Southern (NSC) Beats on Q4 Earnings, Hikes Dividend

Norfolk Southern's (NYSE: NSC) fourth-quarter net income rose 1% as an 8% decrease in operating expenses helped to offset a 4% decline in operating revenues. Norfolk Southern's (NS) net profit was $671 million, or $2.64 per diluted share, for the fourth quarter of 2020, compared with $666 million, or $2.55 per diluted share, for the fourth quarter of 2019.

Norfolk Southern's fourth-quarter net income moves up 1%

Shares of Norfolk Southern (NYSE:NSC) fell 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 3.53% over the past year to $2.64, which beat the estimate of $2.48.

Norfolk Southern: Q4 Earnings Insights

NORFOLK, Va., Jan. 27, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that its board of directors approved a 5% increase in its quarterly dividend on the company's common stock, from 94 to 99 cents per share. The company also announced an increase to its...

Norfolk Southern increases quarterly dividend by 5 cents and increases target dividend payout ratio

On Wednesday, January 27, Norfolk Southern (NYSE:NSC) will release its latest earnings report. Benzinga's outlook for Norfolk Southern is included in the following report.

Earnings Preview: Norfolk Southern

Norfolk Southern's (NSC) Q4 results might reflect softness in volumes due to coronavirus-induced freight slowdown. However, reduced costs are expected to have aided the bottom line.

News for Norfolk Southern Stock (NSC)