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.

Return on Equity (ROE)
since 2005

Microsoft Excel

Calculation

Norfolk Southern Corp., ROE, long-term trends, calculation

Microsoft Excel
ROE = 100 × Net income1 ÷ Stockholders’ equity1
Dec 31, 2021 22.03% = 100 × 3,005 ÷ 13,641
Dec 31, 2020 13.61% = 100 × 2,013 ÷ 14,791
Dec 31, 2019 17.93% = 100 × 2,722 ÷ 15,184
Dec 31, 2018 17.35% = 100 × 2,666 ÷ 15,362
Dec 31, 2017 33.03% = 100 × 5,404 ÷ 16,359
Dec 31, 2016 13.44% = 100 × 1,668 ÷ 12,409
Dec 31, 2015 12.77% = 100 × 1,556 ÷ 12,188
Dec 31, 2014 16.12% = 100 × 2,000 ÷ 12,408
Dec 31, 2013 16.92% = 100 × 1,910 ÷ 11,289
Dec 31, 2012 17.92% = 100 × 1,749 ÷ 9,760
Dec 31, 2011 19.33% = 100 × 1,916 ÷ 9,911
Dec 31, 2010 14.02% = 100 × 1,496 ÷ 10,669
Dec 31, 2009 9.99% = 100 × 1,034 ÷ 10,353
Dec 31, 2008 17.86% = 100 × 1,716 ÷ 9,607
Dec 31, 2007 15.05% = 100 × 1,464 ÷ 9,727
Dec 31, 2006 15.40% = 100 × 1,481 ÷ 9,615
Dec 31, 2005 13.79% = 100 × 1,281 ÷ 9,289

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Norfolk Southern Corp., ROE, long-term trends, comparison to competitors

Microsoft Excel
Norfolk Southern Corp. FedEx Corp. Uber Technologies Inc. Union Pacific Corp. United Parcel Service Inc.
Dec 31, 2021 22.03% 21.64% -3.43% 46.06% 90.44%
Dec 31, 2020 13.61% 7.03% -55.18% 31.54% 204.41%
Dec 31, 2019 17.93% 3.04% -59.94% 32.65% 135.90%
Dec 31, 2018 17.35% 23.55% — 29.21% 158.59%
Dec 31, 2017 33.03% 18.65% — 43.10% 491.00%
Dec 31, 2016 13.44% 13.20% — 21.24% 847.16%
Dec 31, 2015 12.77% 7.00% — 23.05% 196.11%
Dec 31, 2014 16.12% 13.73% — 24.45% 141.62%
Dec 31, 2013 16.92% 8.97% — 20.67% 67.53%
Dec 31, 2012 17.92% 13.80% — 19.84% 17.34%
Dec 31, 2011 19.33% 9.54% — 17.72% 54.07%
Dec 31, 2010 14.02% 8.57% — 15.65% 43.71%
Dec 31, 2009 9.99% 0.72% — 11.20% 28.20%
Dec 31, 2008 17.86% 7.74% — 15.14% 44.29%
Dec 31, 2007 15.05% 15.93% — 11.90% 3.14%
Dec 31, 2006 15.40% 15.69% — 10.49% 27.14%
Dec 31, 2005 13.79% 15.11% — 7.49% 22.92%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Transportation)

Norfolk Southern Corp., ROE, long-term trends, comparison to sector (transportation)

Microsoft Excel
Norfolk Southern Corp. Transportation
Dec 31, 2021 22.03% 36.02%
Dec 31, 2020 13.61% 2.51%
Dec 31, 2019 17.93% 4.49%
Dec 31, 2018 17.35% 35.77%
Dec 31, 2017 33.03% 44.41%
Dec 31, 2016 13.44% 27.80%
Dec 31, 2015 12.77% 27.95%
Dec 31, 2014 16.12% 26.70%
Dec 31, 2013 16.92% 22.89%
Dec 31, 2012 17.92% 17.28%
Dec 31, 2011 19.33% 20.93%
Dec 31, 2010 14.02% 18.84%
Dec 31, 2009 9.99% 10.86%
Dec 31, 2008 17.86% 17.59%
Dec 31, 2007 15.05% 10.52%
Dec 31, 2006 15.40% 18.00%
Dec 31, 2005 13.79% 15.79%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Industrials)

Norfolk Southern Corp., ROE, long-term trends, comparison to industry (industrials)

Microsoft Excel
Norfolk Southern Corp. Industrials
Dec 31, 2021 22.03% 16.58%
Dec 31, 2020 13.61% 3.94%
Dec 31, 2019 17.93% 13.76%
Dec 31, 2018 17.35% 17.74%
Dec 31, 2017 33.03% 17.95%
Dec 31, 2016 13.44% 21.48%
Dec 31, 2015 12.77% 13.44%
Dec 31, 2014 16.12% 19.42%
Dec 31, 2013 16.92% 16.37%
Dec 31, 2012 17.92% 17.53%
Dec 31, 2011 19.33% 19.87%
Dec 31, 2010 14.02% 16.43%
Dec 31, 2009 9.99% 12.98%
Dec 31, 2008 17.86% 23.45%
Dec 31, 2007 15.05% 20.40%
Dec 31, 2006 15.40% 21.29%
Dec 31, 2005 13.79% 16.98%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).