Norfolk Southern Corporation (NSC)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 7,662,000 | 7,379,000 | 7,920,000 | 7,201,000 | 6,129,000 |
| Revenue | US$ in thousands | 12,123,000 | 11,434,000 | 12,053,000 | 10,496,000 | 9,164,000 |
| Gross profit margin | 63.20% | 64.54% | 65.71% | 68.61% | 66.88% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $7,662,000K ÷ $12,123,000K
= 63.20%
The gross profit margin for Norfolk Southern Corporation has shown a generally positive trend from December 31, 2020, to December 31, 2021, increasing from 66.88% to 68.61%. However, in the following years, there was a slight decline in the margins. By December 31, 2024, the gross profit margin had decreased to 63.20%, indicating a decrease from the prior years. Overall, while the company experienced an initial improvement in profitability, it faced some challenges in maintaining higher margins in the subsequent years. It would be important for Norfolk Southern Corporation to closely monitor and address the factors contributing to the decline in gross profit margins to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024