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.

Union Pacific

Union Pacific and Norfolk Southern are two very high-quality railroad companies. Their shares, which are currently almost 30% below their 52-week highs, warrant an in-depth comparative analysis. In this article, I will compare the two companies in terms of profitability, growth, shareholder returns, and balance sheet quality.

Union Pacific Vs. Norfolk Southern: Which One Is The Better Stock?

Norfolk Southern Corp (NYSE:NSC ) Q3 2022 Earnings Conference Call October 26, 2022 8:45 AM ET Company Participants Luke Nichols - IR Alan Shaw - President, CEO & Director Cynthia Sanborn - EVP & COO Claude Elkins - EVP & CMO Mark George - EVP, Finance & CFO Conference Call Participants Justin Long - Stephens Christian Wetherbee - Citigroup Scott Group - Wolfe Research Ariel Rosa - Crédit Suisse Brandon Oglenski - Barclays Bank Thomas Wadewitz - UBS Jonathan Chappell - Evercore ISI Cherilyn Radbourne - TD Securities Jordan Alliger - Goldman Sachs Group Benjamin Nolan - Stifel, Nicolaus & Company Kenneth Hoexter - Bank of America Merrill Lynch Amit Mehrotra - Deutsche Bank Bascome Majors - Susquehanna Jeffrey Kauffman - Vertical Research Partners Walter Spracklin - RBC Capital Markets Jason Seidl - Cowen and Company Operator Greetings, and welcome to the Norfolk Southern Corporation Third Quarter 2022 Earnings Call. [Operator Instructions].

Norfolk Southern Corp (NSC) Q3 2022 Earnings Call Transcript

Norfolk Southern (NSC) delivered earnings and revenue surprises of 12.64% and 3.83%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Norfolk Southern (NSC) Surpasses Q3 Earnings and Revenue Estimates

Shares of Norfolk Southern Corp. NSC, +1.19% tacked on 0.3% in premarket trading Wednesday, after the railroad operator reported record third-quarter earnings that beat expectations, boosted by higher fuel surcharges and pricing and "robust" hiring initiatives. Net income rose to $958 million, or $4.10 a share, from $753 million, or $3.06 a share, in the year-ago period.

Norfolk Southern reports record earnings as revenue per unit jumps 20%, and stock gains

Posts quarterly financial records, improved service for customers ATLANTA , Oct. 26, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced third quarter 2022 financial results which included records for railway operating revenues, income from railway operations, net income, and diluted earnings per share. Third quarter railway operating revenue was $3.3 billion, income from railway operations was $1.3 billion, net income was $958 million, and diluted earnings per share were $4.10.

Norfolk Southern reports third quarter 2022 financial results

Norfolk Southern (NYSE: NSC) is scheduled to report its Q3 2022 results on Wednesday, October 26.

Will Norfolk Southern Stock Move Higher Following Q3 Results?

Norfolk Southern (NSC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Norfolk Southern (NSC) Earnings Expected to Grow: Should You Buy?

Norfolk Southern's (NSC) third-quarter 2022 revenues are likely to have benefited solid segmental performances. High fuel costs and supply-chain challenges are likely to weigh on the bottom line.

What's in the Cards for Norfolk Southern's (NSC) Q3 Earnings?

Dividend-paying Transportation stocks like UPS, Union Pacific (UNP) and Norfolk Southern (NSC) should be on an investor's radar amid the prevalent uncertain scenario.

3 Blue-Chip Transportation Stocks on Investors' Watch List

A last-minute tentative labor agreement struck by the railroads and the two largest U.S. railroad unions dominated the headlines in the third quarter. But headcount updates, questions about rail service improvements, a surprise announcement that there is a new CEO at CSX and efforts to fully restore service in the wake of Hurricane Ian also are expected to be addressed as the Class I railroads release their Q3 2022 earnings later this month.

Freight rail's Q3 dominated by labor contract uncertainties, service issues

The third-largest maintenance workers' union opposed the deal, saying concerns over paid time off remained unaddressed

US railroad union rejects contract with employers, raising strike concerns

A union of railroad track maintenance workers has rejected a tentative agreement with the nation's freight carriers, renewing the threat that there could be a strike that shuts down this vital link in the nation's already struggling supply chain.

A railroad union rejected a deal with freight carriers, putting the supply chain at risk once

Members of the Brotherhood of Maintenance of Way Employes Division (BMWED) rejected a labor contract with the freight railroads on Monday, sending the two sides back to the bargaining table and resetting the countdown to a potential work stoppage. More than 56% of BMWED membership voted against ratification of the tentative national agreement reached with the Class I freight railroads on Sept.

Rail workers union rejects labor contract, renewing strike possibility

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?

Norfolk Southern (NSC) Could Be a Great Choice

ATLANTA , Oct. 4, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, October 26, 2022.

Norfolk Southern to Announce Q3 2022 Earnings Results on October 26

In first-half 2022, fuel expenses surge 94% year over year at Norfolk Southern (NSC).

Norfolk Southern (NSC) Strong on Dividends Despite Cost Woes

Home Depot

In this article, I start by explaining why the market is in such a tough spot, given slowing economic growth and an aggressive Federal Reserve. While uncertainty is sky-high, I decided to aggressively add to my favorite dividend stocks: Home Depot and Norfolk Southern.

2 No-Brainer Dividend Stocks To Buy During This Bear Market

Promotes Duncan to Senior Vice President Transportation & Network Operations, Moore to Vice President Network Operations, Elium to Vice President Network Planning and Optimization ATLANTA , Sept. 29, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has created a combined Transportation and Network Operations organization led by Paul B.

Norfolk Southern creates Transportation and Network Operations organization

Grants will support 31 food banks across the company's 22-state network ATLANTA , Sept. 28, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced a commitment of $400,000 in grants to 31 food banks located across the states served by the company.

Norfolk Southern commits $400,000 to combat food insecurity

Shares of CSX Corp. and Norfolk Southern Corp. both sank toward the lowest levels in nearly two years, after UBS analyst Thomas Wadewitz backed away from his long-time bullish stances on the railroad operators, citing a “deteriorating” economic outlook.

CSX, Norfolk Southern stocks sink to near 2-year lows after UBS downgrades, citing a ‘deteriorating' outlook

Award recognizes the safe handling of hazardous materials ATLANTA , Sept. 22, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that 48 of its customers have earned the 2021 Thoroughbred Chemical Safety Award for safely handling products regulated as hazardous materials.

Norfolk Southern honors 48 customers with Thoroughbred Chemical Safety Award

The fact that there is not a freight railroad strike happening this week is a huge win for the US economy and its still struggling supply chain. But that doesn't mean that the freight railroads are providing good service to their customers.

Good news: Freight railroads are not on strike. Bad news: The service is still terrible

The threat of a strike from freight railroad unions isn't over. One union has already rejected the tentative deal and said it could strike at the end of the month.

Railroads vs. unions: What's next and why the strike threat isn't over

September 19 – 25 is National Rail Safety Week ATLANTA , Sept. 19, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is recognizing National Rail Safety week in concert with Operation Lifesaver, its customers, and other railroads across North America.

Norfolk Southern offers three ways to stay safe near the tracks

Union railworkers in the United States scored a potential key victory in their fight for improved pay and working conditions on Thursday in what could be a model for other unions.

News for Norfolk Southern Stock (NSC)