Stock Analysis on Net
Stock Analysis on Net

Norfolk Southern Corp. (NYSE:NSC)

This company has been moved to the archive! The financial data has not been updated since April 27, 2022.

Common-Size Income Statement
Quarterly Data

Norfolk Southern Corp., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Railway operating revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Purchased services and rents -14.99 -16.55 -15.15 -15.33 -14.89 -16.56 -19.39 -17.84 -15.35 -17.10 -14.89 -14.29 -14.93 -15.50 -15.27 -14.84 -14.76 -10.04 -14.12 -14.87 -14.64
Fuel -10.33 -7.92 -7.29 -6.72 -6.71 -5.29 -5.03 -4.03 -7.20 -8.29 -7.95 -8.68 -8.80 -9.50 -9.30 -9.39 -9.79 -8.95 -7.42 -7.21 -8.27
Cost of railway operating revenues -25.32% -24.47% -22.44% -22.04% -21.60% -21.84% -24.42% -21.87% -22.55% -25.39% -22.84% -22.97% -23.73% -25.00% -24.57% -24.22% -24.55% -19.00% -21.54% -22.07% -22.91%
Gross profit 74.68% 75.53% 77.56% 77.96% 78.40% 78.16% 75.58% 78.13% 77.45% 74.61% 77.16% 77.03% 76.27% 75.00% 75.43% 75.78% 75.45% 81.00% 78.46% 77.93% 77.09%
Compensation and benefits -21.23 -20.97 -21.35 -22.29 -23.15 -22.81 -23.06 -28.11 -23.70 -23.42 -24.01 -24.34 -25.60 -26.14 -24.60 -24.36 -27.13 -26.75 -28.28 -26.66 -28.85
Depreciation -10.36 -10.45 -10.41 -10.50 -11.06 -11.15 -11.69 -13.53 -11.12 -10.59 -10.07 -9.71 -9.96 -9.70 -9.37 -9.42 -10.01 -10.00 -9.93 -10.01 -10.06
Materials and other -5.87 -4.52 -5.96 -3.47 -5.72 -5.95 -7.30 -7.24 -6.32 -4.83 -8.03 -6.56 -6.69 -1.93 -6.85 -6.59 -7.58 -6.26 -6.14 -7.58 -8.16
Loss on asset disposal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -14.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Income from railway operations 37.22% 39.59% 39.83% 41.69% 38.46% 38.24% 33.52% 29.26% 21.64% 35.76% 35.06% 36.41% 34.01% 37.22% 34.61% 35.40% 30.73% 37.99% 34.12% 33.67% 30.02%
Other income (expense), net -0.17 0.74 0.49 1.25 0.27 1.67 1.56 2.35 0.84 0.67 0.77 0.75 1.55 0.00 1.02 1.00 0.29 0.49 0.86 1.21 0.93
Interest expense on debt -5.76 -5.79 -5.75 -5.75 -5.91 -6.22 -6.19 -7.48 -5.87 -5.65 -5.28 -5.23 -5.25 -5.11 -4.82 -4.52 -5.01 -5.02 -5.02 -5.31 -5.51
Income before income taxes 31.29% 34.54% 34.57% 37.19% 32.82% 33.70% 28.89% 24.12% 16.61% 30.78% 30.55% 31.93% 30.32% 32.11% 30.81% 31.88% 26.02% 33.46% 29.96% 29.58% 25.44%
Income taxes -7.17 -7.89 -8.17 -7.93 -7.31 -7.62 -6.19 -5.32 -2.10 -6.02 -7.43 -7.25 -6.48 -7.87 -6.99 -7.38 -5.70 115.21 -11.01 -10.73 -8.62
Net income 24.12% 26.65% 26.40% 29.26% 25.50% 26.08% 22.71% 18.80% 14.51% 24.76% 23.13% 24.68% 23.84% 24.24% 23.82% 24.50% 20.32% 148.67% 18.95% 18.85% 16.82%

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Income statement item Description The company
Income from railway operations The net result for the period of deducting operating expenses from operating revenues. Norfolk Southern Corp. income from railway operations as a percentage of railway operating revenues decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Norfolk Southern Corp. income before income taxes as a percentage of railway operating revenues decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Norfolk Southern Corp. net income as a percentage of railway operating revenues increased from Q3 2021 to Q4 2021 but then decreased significantly from Q4 2021 to Q1 2022.