Norfolk Financial Statements From 2010 to 2025

NSC Stock  USD 283.38  1.76  0.62%   
Norfolk Southern's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Norfolk Southern's valuation are provided below:
Gross Profit
5.7 B
Profit Margin
0.2422
Market Capitalization
63.6 B
Enterprise Value Revenue
6.8155
Revenue
12.2 B
We have found one hundred twenty available fundamental ratios for Norfolk Southern, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Norfolk Southern's last-minute performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 37.9 B. The current year's Enterprise Value is expected to grow to about 48.1 B

Norfolk Southern Total Revenue

8.56 Billion

Check Norfolk Southern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norfolk Southern's main balance sheet or income statement drivers, such as Depreciation And Amortization of 678.5 M, Interest Expense of 847.4 M or Total Revenue of 8.6 B, as well as many indicators such as Price To Sales Ratio of 4.6, Dividend Yield of 0.0282 or PTB Ratio of 3.89. Norfolk financial statements analysis is a perfect complement when working with Norfolk Southern Valuation or Volatility modules.
  
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Check out the analysis of Norfolk Southern Correlation against competitors.
For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.

Norfolk Southern Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets26 B43.7 B33.8 B
Slightly volatile
Short and Long Term Debt Total18.4 B17.5 B11.6 B
Slightly volatile
Other Current Liabilities1.7 B1.6 B969.9 M
Slightly volatile
Total Current LiabilitiesB3.5 B2.3 B
Slightly volatile
Total Stockholder Equity9.6 B14.3 B12.3 B
Slightly volatile
Property Plant And Equipment Net20.6 B35.8 B28 B
Slightly volatile
Retained Earnings8.3 B12.1 B10.6 B
Slightly volatile
Cash1.7 B1.6 B965.6 M
Slightly volatile
Non Current Assets Total23.9 B40.5 B31.4 B
Slightly volatile
Cash And Short Term Investments1.7 B1.6 B975.5 M
Slightly volatile
Net Receivables941.8 M1.1 B993.6 M
Pretty Stable
Common Stock Shares Outstanding301.9 M226.4 M300.3 M
Slightly volatile
Liabilities And Stockholders Equity26 B43.7 B33.8 B
Slightly volatile
Non Current Liabilities Total14.3 B25.8 B19.1 B
Slightly volatile
Inventory159.6 M277 M222 M
Slightly volatile
Other Current Assets244.4 M201 M234.8 M
Very volatile
Other Stockholder Equity1.3 B2.2 BB
Slightly volatile
Total Liabilities16.4 B29.4 B21.4 B
Slightly volatile
Total Current Assets2.1 B3.2 B2.4 B
Pretty Stable
Short Term Debt402 M636 M466.7 M
Slightly volatile
Accounts Payable902.2 M985 M758.7 M
Slightly volatile
Common Stock Total Equity259 M207 M264.6 M
Slightly volatile
Property Plant And Equipment Gross25.9 B49.8 B31.7 B
Slightly volatile
Common Stock254.1 M228 M265.4 M
Slightly volatile
Other Liabilities9.9 B9.4 B6.5 B
Slightly volatile
Other Assets970.9 MB2.9 B
Pretty Stable
Long Term Debt10.3 B16.7 B11 B
Slightly volatile
Property Plant Equipment27.2 B36.1 B28.7 B
Slightly volatile
Net Tangible Assets14 B14.6 B13.1 B
Slightly volatile
Long Term Debt Total12 B16.7 B11.1 B
Slightly volatile
Capital Surpluse2.3 B2.2 B2.1 B
Slightly volatile
Long Term Investments3.2 B3.4 B2.9 B
Slightly volatile
Non Current Liabilities Other532 M560 M1.5 B
Slightly volatile
Short and Long Term Debt514.7 M555 M354.4 M
Slightly volatile
Cash And EquivalentsB1.6 B933.8 M
Pretty Stable
Net Invested Capital30.9 B31.5 B27.4 B
Slightly volatile
Capital Stock195.3 M228 M253.5 M
Slightly volatile
Capital Lease Obligations327.7 M272 M476.7 M
Slightly volatile

Norfolk Southern Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization678.5 M1.4 BB
Slightly volatile
Total Revenue8.6 B12.1 B10.6 B
Slightly volatile
Gross Profit3.4 B3.8 B3.6 B
Slightly volatile
Other Operating Expenses6.6 B8.4 B7.7 B
Slightly volatile
Operating Income2.3 B3.8 B3.3 B
Slightly volatile
EBIT2.3 B4.1 B3.4 B
Slightly volatile
EBITDAB5.5 B4.3 B
Slightly volatile
Cost Of Revenue5.2 B8.4 BB
Very volatile
Total Operating Expenses448.4 M472 M1.4 B
Pretty Stable
Income Before TaxB3.3 B2.9 B
Slightly volatile
Net Income1.5 B2.6 B2.3 B
Slightly volatile
Net Income Applicable To Common SharesB2.6 B2.3 B
Slightly volatile
Net Income From Continuing Ops2.6 B2.6 B2.4 B
Slightly volatile
Non Operating Income Net Other11.1 M11.7 M87.9 M
Slightly volatile
Interest Income564.9 M790 M525.3 M
Slightly volatile
Reconciled Depreciation1.3 B1.4 B1.1 B
Slightly volatile

Norfolk Southern Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow934.6 M1.7 B1.4 B
Slightly volatile
Begin Period Cash Flow1.6 B1.6 B862.3 M
Slightly volatile
Capital Expenditures1.5 B2.4 B1.9 B
Pretty Stable
Total Cash From Operating Activities2.4 B4.1 B3.2 B
Slightly volatile
Net Income1.6 B2.6 B2.3 B
Slightly volatile
Issuance Of Capital Stock2.6 M2.7 M30.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.64.37733.7014
Slightly volatile
Dividend Yield0.02820.0230.023
Slightly volatile
PTB Ratio3.893.70933.1223
Slightly volatile
Days Sales Outstanding49.7132.185536.6649
Slightly volatile
Book Value Per Share66.4463.272946.9787
Slightly volatile
Free Cash Flow Yield0.02860.03150.0355
Slightly volatile
Operating Cash Flow Per Share18.8217.921312.5106
Slightly volatile
Stock Based Compensation To Revenue0.0030.00370.0034
Very volatile
PB Ratio3.893.70933.1223
Slightly volatile
EV To Sales5.975.68364.638
Slightly volatile
Free Cash Flow Per Share7.767.39055.3257
Slightly volatile
ROIC0.04980.07270.0784
Very volatile
Inventory Turnover25.6930.176932.141
Slightly volatile
Net Income Per Share12.1811.59668.7602
Slightly volatile
Days Of Inventory On Hand16.2312.095311.6335
Slightly volatile
Payables Turnover5.038.48639.819
Pretty Stable
Capex To Revenue0.130.19640.174
Slightly volatile
Cash Per Share7.627.25793.5832
Slightly volatile
POCF Ratio8.2213.096211.4989
Slightly volatile
Interest Coverage4.674.66425.808
Pretty Stable
Payout Ratio0.690.46570.4022
Slightly volatile
Capex To Operating Cash Flow0.750.58760.6056
Pretty Stable
PFCF Ratio16.1831.756830.3302
Pretty Stable
Days Payables Outstanding40.8643.010539.9447
Pretty Stable
Income Quality2.741.54541.6211
Pretty Stable
ROE0.110.18330.1752
Very volatile
EV To Operating Cash Flow11.317.004614.4827
Slightly volatile
PE Ratio25.8320.238618.2215
Slightly volatile
Return On Tangible Assets0.04190.060.0649
Very volatile
EV To Free Cash Flow43.341.234439.9282
Slightly volatile
Earnings Yield0.07140.04940.0647
Slightly volatile
Current Ratio1.190.89931.0679
Slightly volatile
Tangible Book Value Per Share66.4463.272947.728
Slightly volatile
Receivables Turnover7.2611.340510.4553
Pretty Stable
Graham Number13512895.3636
Slightly volatile
Shareholders Equity Per Share66.4463.272946.9787
Slightly volatile
Debt To Equity1.281.22170.8891
Slightly volatile
Capex Per Share11.0610.53077.1849
Slightly volatile
Revenue Per Share56.353.617939.9445
Slightly volatile
Interest Debt Per Share84.9180.871346.6638
Slightly volatile
Debt To Assets0.220.40010.3037
Slightly volatile
Enterprise Value Over EBITDA8.8812.552910.5827
Slightly volatile
Short Term Coverage Ratios6.947.300958.7388
Slightly volatile
Price Earnings Ratio25.8320.238618.2215
Slightly volatile
Operating Cycle65.9244.280948.2972
Pretty Stable
Price Book Value Ratio3.893.70933.1223
Slightly volatile
Days Of Payables Outstanding40.8643.010539.9447
Pretty Stable
Dividend Payout Ratio0.690.46570.4022
Slightly volatile
Price To Operating Cash Flows Ratio8.2213.096211.4989
Slightly volatile
Price To Free Cash Flows Ratio16.1831.756830.3302
Pretty Stable
Pretax Profit Margin0.170.27460.2642
Very volatile
Ebt Per Ebit1.010.88440.8941
Slightly volatile
Operating Profit Margin0.190.31050.3002
Pretty Stable
Company Equity Multiplier2.133.05342.6964
Pretty Stable
Long Term Debt To Capitalization0.30.53790.4286
Slightly volatile
Total Debt To Capitalization0.320.54990.4419
Slightly volatile
Return On Capital Employed0.07140.09380.1024
Pretty Stable
Debt Equity Ratio1.281.22170.8891
Slightly volatile
Ebit Per Revenue0.190.31050.3002
Pretty Stable
Quick Ratio1.10.82120.9701
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.941.12491.2044
Very volatile
Net Income Per E B T0.570.78760.7655
Pretty Stable
Cash Ratio0.230.46290.3922
Pretty Stable
Operating Cash Flow Sales Ratio0.20.33420.298
Pretty Stable
Days Of Inventory Outstanding16.2312.095311.6335
Slightly volatile
Days Of Sales Outstanding49.7132.185536.6649
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.260.41240.3951
Slightly volatile
Cash Flow Coverage Ratios0.40.23180.378
Slightly volatile
Price To Book Ratio3.893.70933.1223
Slightly volatile
Fixed Asset Turnover0.50.33830.3942
Slightly volatile
Capital Expenditure Coverage Ratio1.281.70181.74
Slightly volatile
Price Cash Flow Ratio8.2213.096211.4989
Slightly volatile
Enterprise Value Multiple8.8812.552910.5827
Slightly volatile
Debt Ratio0.220.40010.3037
Slightly volatile
Cash Flow To Debt Ratio0.40.23180.378
Slightly volatile
Price Sales Ratio4.64.37733.7014
Slightly volatile
Return On Assets0.04210.060.0654
Very volatile
Asset Turnover0.390.27750.3236
Slightly volatile
Net Profit Margin0.130.21630.2084
Pretty Stable
Gross Profit Margin0.470.31050.3276
Slightly volatile
Price Fair Value3.893.70933.1223
Slightly volatile
Return On Equity0.110.18330.1752
Very volatile

Norfolk Southern Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap37.9 B36.1 B34.4 B
Slightly volatile
Enterprise Value48.1 B45.8 B47.5 B
Slightly volatile

Norfolk Fundamental Market Drivers

Forward Price Earnings21.4133
Cash And Short Term Investments1.6 B

Norfolk Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
24th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Norfolk Southern Financial Statements

Norfolk Southern stakeholders use historical fundamental indicators, such as Norfolk Southern's revenue or net income, to determine how well the company is positioned to perform in the future. Although Norfolk Southern investors may analyze each financial statement separately, they are all interrelated. For example, changes in Norfolk Southern's assets and liabilities are reflected in the revenues and expenses on Norfolk Southern's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Norfolk Southern. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-146 M-138.7 M
Total Revenue12.1 B8.6 B
Cost Of Revenue8.4 B5.2 B
Sales General And Administrative To Revenue(0.01)(0.01)
Capex To Revenue 0.20  0.13 
Revenue Per Share 53.62  56.30 
Ebit Per Revenue 0.31  0.19 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Norfolk Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norfolk Southern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norfolk Southern Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norfolk Southern Stock:
Check out the analysis of Norfolk Southern Correlation against competitors.
For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Norfolk Southern. If investors know Norfolk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Norfolk Southern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
5.4
Earnings Share
13.12
Revenue Per Share
54.235
Quarterly Revenue Growth
0.017
The market value of Norfolk Southern is measured differently than its book value, which is the value of Norfolk that is recorded on the company's balance sheet. Investors also form their own opinion of Norfolk Southern's value that differs from its market value or its book value, called intrinsic value, which is Norfolk Southern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Norfolk Southern's market value can be influenced by many factors that don't directly affect Norfolk Southern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Norfolk Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norfolk Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norfolk Southern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.