Income Statement (TTM)
Norfolk Southern Corporation Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9,906 | 9,789 | 9,803 | 10,517 | 10,863 | 11,142 | 11,418 | 11,869 | 12,360 | 12,745 | 12,962 | 12,692 | 12,320 | 12,156 | 12,028 | 12,092 | 12,172 | 12,123 | 12,112 | 12,178 |
| Change (%) | -1.18 | 0.14 | 7.28 | 3.29 | 2.57 | 2.48 | 3.95 | 4.14 | 3.11 | 1.70 | -2.08 | -2.93 | -1.33 | -1.05 | 0.53 | 0.66 | -0.40 | -0.09 | 0.54 | |
| % of Revenue | 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 |
| Cost Of Sales | 5,336 | 5,157 | 5,106 | 5,249 | 5,292 | 5,412 | 5,602 | 5,931 | 6,309 | 6,715 | 6,776 | 6,772 | 6,697 | 6,891 | 6,944 | 6,907 | 6,401 | 6,191 | 6,118 | 6,122 |
| Change (%) | -3.35 | -0.99 | 2.80 | 0.82 | 2.27 | 3.51 | 5.87 | 6.37 | 6.44 | 0.91 | -0.06 | -1.11 | 2.90 | 0.77 | -0.53 | -7.33 | -3.28 | -1.18 | 0.07 | |
| % of Revenue | 53.87 | 52.68 | 52.09 | 49.91 | 48.72 | 48.57 | 49.06 | 49.97 | 51.04 | 52.69 | 52.28 | 53.36 | 54.36 | 56.69 | 57.73 | 57.12 | 52.59 | 51.07 | 50.51 | 50.27 |
| Gross Operating Profit | 4,570 | 4,632 | 4,697 | 5,268 | 5,571 | 5,730 | 5,816 | 5,938 | 6,051 | 6,030 | 6,186 | 5,920 | 5,623 | 5,265 | 5,084 | 5,185 | 5,771 | 5,932 | 5,994 | 6,056 |
| Change (%) | 1.36 | 1.40 | 12.16 | 5.75 | 2.85 | 1.50 | 2.10 | 1.90 | -0.35 | 2.59 | -4.30 | -5.02 | -6.37 | -3.44 | 1.99 | 11.30 | 2.79 | 1.05 | 1.03 | |
| % of Revenue | 46.13 | 47.32 | 47.91 | 50.09 | 51.28 | 51.43 | 50.94 | 50.03 | 48.96 | 47.31 | 47.72 | 46.64 | 45.64 | 43.31 | 42.27 | 42.88 | 47.41 | 48.93 | 49.49 | 49.73 |
| SG&A | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| R&D | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| OpEx | 6,457 | 6,311 | 6,260 | 6,415 | 6,462 | 6,593 | 6,793 | 7,132 | 7,519 | 7,936 | 8,016 | 8,832 | 7,974 | 8,189 | 8,258 | 7,432 | 7,742 | 7,544 | 7,480 | 7,495 |
| Change (%) | -2.26 | -0.81 | 2.48 | 0.73 | 2.03 | 3.03 | 4.99 | 5.43 | 5.55 | 1.01 | 10.18 | -9.71 | 2.70 | 0.84 | -10.00 | 4.17 | -2.56 | -0.85 | 0.20 | |
| % of Revenue | 65.18 | 64.47 | 63.86 | 61.00 | 59.49 | 59.17 | 59.49 | 60.09 | 60.83 | 62.27 | 61.84 | 69.59 | 64.72 | 67.37 | 68.66 | 61.46 | 63.60 | 62.23 | 61.76 | 61.55 |
| Operating Income | 3,449 | 3,478 | 3,543 | 4,102 | 4,401 | 4,549 | 4,625 | 4,737 | 4,841 | 4,809 | 4,946 | 3,860 | 4,346 | 3,967 | 3,770 | 4,660 | 4,430 | 4,579 | 4,632 | 4,683 |
| Change (%) | 0.84 | 1.87 | 15.78 | 7.29 | 3.36 | 1.67 | 2.42 | 2.20 | -0.66 | 2.85 | -21.96 | 12.59 | -8.72 | -4.97 | 23.61 | -4.94 | 3.36 | 1.16 | 1.10 | |
| % of Revenue | 34.82 | 35.53 | 36.14 | 39.00 | 40.51 | 40.83 | 40.51 | 39.91 | 39.17 | 37.73 | 38.16 | 30.41 | 35.28 | 32.63 | 31.34 | 38.54 | 36.40 | 37.77 | 38.24 | 38.45 |
| Interest Expense | -617 | -625 | -627 | -632 | -641 | -646 | -658 | -667 | -680 | -692 | -699 | -699 | -704 | -722 | -748 | -782 | -803 | -807 | -805 | -802 |
| Change (%) | 1.30 | 0.32 | 0.80 | 1.42 | 0.78 | 1.86 | 1.37 | 1.95 | 1.76 | 1.01 | -0.00 | 0.72 | 2.56 | 3.60 | 4.55 | 2.69 | 0.50 | -0.25 | -0.37 | |
| % of Revenue | -6.23 | -6.38 | -6.40 | -6.01 | -5.90 | -5.80 | -5.76 | -5.62 | -5.50 | -5.43 | -5.39 | -5.51 | -5.71 | -5.94 | -6.22 | -6.47 | -6.60 | -6.66 | -6.65 | -6.59 |
| Net Income | 2,008 | 2,013 | 2,305 | 2,732 | 2,916 | 3,005 | 3,035 | 3,035 | 3,240 | 3,270 | 3,033 | 2,570 | 2,090 | 1,827 | 1,414 | 1,795 | 2,416 | 2,622 | 3,319 | 3,350 |
| Change (%) | 0.25 | 14.51 | 18.52 | 6.73 | 3.05 | 1.00 | 0.00 | 6.75 | 0.93 | -7.25 | -15.27 | -18.68 | -12.58 | -22.61 | 26.94 | 34.60 | 8.53 | 26.58 | 0.93 | |
| % of Revenue | 20.27 | 20.56 | 23.51 | 25.98 | 26.84 | 26.97 | 26.58 | 25.57 | 26.21 | 25.66 | 23.40 | 20.25 | 16.96 | 15.03 | 11.76 | 14.84 | 19.85 | 21.63 | 27.40 | 27.51 |
Source: Capital IQ
