Norfolk Financial Statements From 2010 to 2025

NSC Stock  USD 245.34  1.77  0.72%   
Norfolk Southern financial statements provide useful quarterly and yearly information to potential Norfolk Southern investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Norfolk Southern financial statements helps investors assess Norfolk Southern's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Norfolk Southern's valuation are summarized below:
Gross Profit
5.9 B
Profit Margin
0.1985
Market Capitalization
55.9 B
Enterprise Value Revenue
5.9259
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

8.44 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 1.6 B, Interest Expense of 871.8 M or Total Revenue of 8.4 B, as well as many indicators such as Price To Sales Ratio of 4.17, Dividend Yield of 0.0262 or PTB Ratio of 3.97. Norfolk financial statements analysis is a perfect complement when working with Norfolk Southern Valuation or Volatility modules.
  
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 Assets25.5 B47.9 B34 B
Slightly volatile
Short and Long Term Debt Total21.2 B20.2 B11.9 B
Slightly volatile
Other Current Liabilities764.5 M728.1 M413.9 M
Very volatile
Total Current LiabilitiesBB2.3 B
Slightly volatile
Total Stockholder Equity9.5 B14.7 B12.4 B
Slightly volatile
Property Plant And Equipment Net20.1 B38.3 B28.1 B
Slightly volatile
Retained Earnings8.2 B12.3 B10.6 B
Slightly volatile
Cash1.9 B1.8 B986.4 M
Slightly volatile
Non Current Assets Total23.4 B44.1 B31.6 B
Slightly volatile
Cash And Short Term Investments1.9 B1.8 B996.2 M
Slightly volatile
Net Receivables939.9 M1.3 BB
Slightly volatile
Common Stock Shares Outstanding305 M204.7 M299.2 M
Slightly volatile
Liabilities And Stockholders Equity25.5 B47.9 B34 B
Slightly volatile
Non Current Liabilities Total31.7 B30.2 B20.5 B
Slightly volatile
Inventory155.8 M303.6 M223.4 M
Slightly volatile
Other Current Assets165.1 M262.8 M192.7 M
Slightly volatile
Other Stockholder Equity1.8 B2.5 BB
Slightly volatile
Total Liabilities34.9 B33.2 B22.8 B
Slightly volatile
Total Current Assets2.1 B3.8 B2.4 B
Pretty Stable
Short Term Debt119.1 M125.3 M411.1 M
Very volatile
Accounts Payable1.1 B1.7 B1.3 B
Slightly volatile
Current Deferred Revenue127.8 M134.6 M648.7 M
Pretty Stable
Common Stock Total Equity259 M207 M264.6 M
Slightly volatile
Property Plant And Equipment Gross56.3 B53.6 B33.9 B
Slightly volatile
Common Stock256.5 M204.3 M264.1 M
Slightly volatile
Other Liabilities9.9 B9.4 B6.5 B
Slightly volatile
Other Assets678.4 M714.1 M2.8 B
Pretty Stable
Long Term Debt10 B19.8 B11.2 B
Slightly volatile
Property Plant Equipment26.3 B37 B28.6 B
Slightly volatile
Net Tangible Assets14 B14.6 B13.1 B
Slightly volatile
Long Term Debt Total11 B16.7 B10.9 B
Slightly volatile
Capital Surpluse2.3 B2.5 B2.2 B
Slightly volatile
Long Term Investments3.2 B4.4 BB
Slightly volatile
Non Current Liabilities Other416.4 M438.3 M1.4 B
Slightly volatile
Short and Long Term Debt4.4 M4.6 M288.1 M
Pretty Stable
Cash And Equivalents570.7 M410.4 M760.4 M
Slightly volatile
Net Invested Capital30.3 B34.5 B27.6 B
Slightly volatile
Capital Stock197.5 M204.3 M252.2 M
Slightly volatile
Capital Lease Obligations349.8 M352.8 M483.2 M
Slightly volatile

Norfolk Southern Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 B1.5 B1.1 B
Slightly volatile
Total Revenue8.4 B14 B10.7 B
Slightly volatile
Gross Profit4.4 BB4.7 B
Slightly volatile
Other Operating Expenses18.6 B17.7 BB
Slightly volatile
Operating Income2.2 B3.3 B3.2 B
Slightly volatile
EBIT2.1 B3.3 B3.3 B
Slightly volatile
EBITDA2.8 B3.3 B4.2 B
Pretty Stable
Cost Of Revenue4.1 BBB
Pretty Stable
Total Operating Expenses11.2 B10.7 B2.8 B
Slightly volatile
Income Before Tax1.9 B2.7 B2.8 B
Pretty Stable
Net Income1.4 B2.1 B2.2 B
Pretty Stable
Selling General Administrative55.6 M58.5 M359.5 M
Slightly volatile
Net Income Applicable To Common Shares1.9 B3.8 B2.4 B
Slightly volatile
Net Income From Continuing Ops2.5 B2.4 B2.4 B
Slightly volatile
Non Operating Income Net Other11.1 M11.7 M87.9 M
Slightly volatile
Interest Income507.1 M795.8 M524.2 M
Slightly volatile
Reconciled Depreciation1.3 B1.5 B1.1 B
Slightly volatile

Norfolk Southern Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow908.8 M954.5 M1.3 B
Slightly volatile
Begin Period Cash Flow495.7 M524.4 M725.1 M
Very volatile
Dividends Paid1.5 B1.4 B871.1 M
Slightly volatile
Capital Expenditures1.4 B2.7 B1.9 B
Pretty Stable
Total Cash From Operating Activities2.3 B3.7 B3.2 B
Slightly volatile
Net Income1.5 B2.1 B2.2 B
Pretty Stable
Other Cashflows From Investing Activities73.5 M77.4 M245.7 M
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 Ratio4.173.973.6491
Slightly volatile
Dividend Yield0.02620.02630.0226
Slightly volatile
PTB Ratio3.973.783.1317
Slightly volatile
Days Sales Outstanding50.0739.6137.1514
Pretty Stable
Book Value Per Share53.2350.745.3672
Slightly volatile
Free Cash Flow Yield0.01320.01390.0334
Slightly volatile
Operating Cash Flow Per Share13.2412.6111.8299
Slightly volatile
Stock Based Compensation To Revenue0.00460.00480.0042
Pretty Stable
PB Ratio3.973.783.1317
Slightly volatile
EV To Sales5.415.164.5632
Slightly volatile
Free Cash Flow Per Share2.183.294.7207
Slightly volatile
ROIC0.04950.05160.0772
Very volatile
Inventory Turnover29.4729.5128.2255
Very volatile
Net Income Per Share7.617.258.2029
Slightly volatile
Days Of Inventory On Hand18.9316.3613.8362
Slightly volatile
Payables Turnover3.04.25.146
Slightly volatile
Capex To Revenue0.130.170.1724
Slightly volatile
Cash Per Share6.536.223.4502
Slightly volatile
POCF Ratio8.1615.1811.6254
Slightly volatile
Interest Coverage4.743.555.7659
Slightly volatile
Payout Ratio0.690.770.4194
Slightly volatile
Capex To Operating Cash Flow0.750.850.622
Very volatile
PFCF Ratio61.0758.1634.786
Slightly volatile
Days Payables Outstanding15989.9776.7349
Slightly volatile
Income Quality2.772.01.6514
Pretty Stable
ROE0.10.130.1712
Very volatile
EV To Operating Cash Flow11.2319.7114.6278
Slightly volatile
PE Ratio25.9233.7619.0722
Slightly volatile
Return On Tangible Assets0.04140.03950.0629
Very volatile
EV To Free Cash Flow79.2975.5144.2867
Slightly volatile
Earnings Yield0.07180.03920.0641
Slightly volatile
Current Ratio1.191.431.1011
Pretty Stable
Tangible Book Value Per Share53.2350.747.9106
Slightly volatile
Receivables Turnover7.229.5410.3402
Pretty Stable
Graham Number95.4690.9290.5499
Slightly volatile
Shareholders Equity Per Share53.2350.745.3672
Slightly volatile
Debt To Equity1.31.240.8858
Slightly volatile
Capex Per Share9.789.327.0292
Slightly volatile
Revenue Per Share50.6348.2239.2528
Slightly volatile
Interest Debt Per Share76.1972.5645.2717
Slightly volatile
Debt To Assets0.210.380.2998
Slightly volatile
Enterprise Value Over EBITDA8.8614.4410.6761
Slightly volatile
Short Term Coverage Ratios751715149
Slightly volatile
Price Earnings Ratio25.9233.7619.0722
Slightly volatile
Operating Cycle69.055.9650.987
Pretty Stable
Price Book Value Ratio3.973.783.1317
Slightly volatile
Days Of Payables Outstanding15989.9776.7349
Slightly volatile
Dividend Payout Ratio0.690.770.4194
Slightly volatile
Price To Operating Cash Flows Ratio8.1615.1811.6254
Slightly volatile
Price To Free Cash Flows Ratio61.0758.1634.786
Slightly volatile
Pretax Profit Margin0.170.19090.2576
Pretty Stable
Ebt Per Ebit1.010.940.8981
Pretty Stable
Operating Profit Margin0.190.210.2936
Very volatile
Company Equity Multiplier2.122.932.6881
Very volatile
Long Term Debt To Capitalization0.30.520.4275
Slightly volatile
Total Debt To Capitalization0.320.520.4386
Slightly volatile
Return On Capital Employed0.07130.06580.1007
Slightly volatile
Debt Equity Ratio1.31.240.8858
Slightly volatile
Ebit Per Revenue0.190.210.2936
Very volatile
Quick Ratio1.111.311.0012
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.940.81.184
Very volatile
Net Income Per E B T0.570.710.7607
Pretty Stable
Cash Ratio0.560.540.4176
Very volatile
Operating Cash Flow Sales Ratio0.20.240.2922
Very volatile
Days Of Inventory Outstanding18.9316.3613.8362
Slightly volatile
Days Of Sales Outstanding50.0739.6137.1514
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.260.230.3837
Pretty Stable
Cash Flow Coverage Ratios0.410.210.3789
Slightly volatile
Price To Book Ratio3.973.783.1317
Slightly volatile
Fixed Asset Turnover0.510.420.3999
Slightly volatile
Capital Expenditure Coverage Ratio1.281.221.7099
Pretty Stable
Price Cash Flow Ratio8.1615.1811.6254
Slightly volatile
Enterprise Value Multiple8.8614.4410.6761
Slightly volatile
Debt Ratio0.210.380.2998
Slightly volatile
Cash Flow To Debt Ratio0.410.210.3789
Slightly volatile
Price Sales Ratio4.173.973.6491
Slightly volatile
Return On Assets0.04190.03950.0641
Very volatile
Asset Turnover0.390.340.3275
Slightly volatile
Net Profit Margin0.120.140.203
Very volatile
Gross Profit Margin0.580.510.4316
Slightly volatile
Price Fair Value3.973.783.1317
Slightly volatile
Return On Equity0.10.130.1712
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 Earnings18.3824
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 Revenue134.6 M127.8 M
Total Revenue14 B8.4 B
Cost Of RevenueB4.1 B
Sales General And Administrative To Revenue(0.01)(0.01)
Capex To Revenue 0.17  0.13 
Revenue Per Share 48.22  50.63 
Ebit Per Revenue 0.21  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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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
1.31
Dividend Share
5.4
Earnings Share
10.57
Revenue Per Share
53.858
Quarterly Revenue Growth
0.027
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.