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Norfolk Southern Corporation

NSC

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
12,123
Cost of Revenue
8,359
Gross Profit
3,764
Gross Margin
31.0%
Operating Income
3,764
Operating Margin
31.0%
Net Income
2,622
Net Margin
21.6%
EPS (Basic)
$11.58
EPS (Diluted)
$11.57
EBITDA
5,489
EBITDA Margin
45.3%

2023

12/31/2023

Revenue
12,156
Cost of Revenue
9,348
Gross Profit
2,808
Gross Margin
23.1%
Operating Income
2,808
Operating Margin
23.1%
Net Income
1,827
Net Margin
15.0%
EPS (Basic)
$8.04
EPS (Diluted)
$8.02
EBITDA
4,340
EBITDA Margin
35.7%

2022

12/31/2022

Revenue
12,745
Cost of Revenue
8,012
Gross Profit
4,733
Gross Margin
37.1%
Operating Income
4,733
Operating Margin
37.1%
Net Income
3,270
Net Margin
25.7%
EPS (Basic)
$13.92
EPS (Diluted)
$13.88
EBITDA
6,043
EBITDA Margin
47.4%

2021

12/31/2021

Revenue
11,142
Cost of Revenue
6,777
Gross Profit
4,365
Gross Margin
39.2%
Operating Income
4,365
Operating Margin
39.2%
Net Income
3,005
Net Margin
27.0%
EPS (Basic)
$12.16
EPS (Diluted)
$12.11
EBITDA
5,705
EBITDA Margin
51.2%

2020

12/31/2020

Revenue
9,789
Cost of Revenue
6,392
Gross Profit
3,397
Gross Margin
34.7%
Operating Income
3,397
Operating Margin
34.7%
Net Income
2,013
Net Margin
20.6%
EPS (Basic)
$7.88
EPS (Diluted)
$7.84
EBITDA
4,309
EBITDA Margin
44.0%