Norfolk Fixed Asset Turnover from 2010 to 2024

NSC Stock  USD 264.26  0.00  0.00%   
Norfolk Southern's Fixed Asset Turnover is decreasing over the years with stable fluctuation. Overall, Fixed Asset Turnover is expected to go to 0.51 this year. During the period from 2010 to 2024 Norfolk Southern Fixed Asset Turnover annual values regression line had geometric mean of  0.40 and mean square error of  0. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.46
Current Value
0.51
Quarterly Volatility
0.06729633
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 660.1 M, Interest Expense of 758.1 M or Total Revenue of 8.4 B, as well as many indicators such as Price To Sales Ratio of 4.63, Dividend Yield of 0.0262 or PTB Ratio of 4.41. 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.

Latest Norfolk Southern's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Norfolk Southern over the last few years. It is Norfolk Southern's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Norfolk Southern's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Norfolk Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.40
Geometric Mean0.40
Coefficient Of Variation16.62
Mean Deviation0.05
Median0.40
Standard Deviation0.07
Sample Variance0
Range0.2348
R-Value(0.23)
Mean Square Error0
R-Squared0.05
Significance0.40
Slope(0)
Total Sum of Squares0.06

Norfolk Fixed Asset Turnover History

2024 0.51
2022 0.4
2020 0.31
2018 0.37
2017 0.35
2016 0.33
2015 0.36

About Norfolk Southern Financial Statements

Norfolk Southern stakeholders use historical fundamental indicators, such as Norfolk Southern's Fixed Asset Turnover, 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
Fixed Asset Turnover 0.46  0.51 

Also Currently Popular

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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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
10.65
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.