Norfolk Southern Corporation (NSC)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,972,000 | 7,739,000 | 7,364,000 | 7,133,000 | 7,379,000 | 7,595,000 | 7,855,000 | 8,057,000 | 7,920,000 | 7,739,000 | 7,561,000 | 7,326,000 | 7,201,000 | 7,919,000 | 7,696,000 | 7,135,000 | 7,114,000 | 7,231,000 | 7,370,000 | 7,907,000 |
| Revenue (ttm) | US$ in thousands | 11,497,000 | 11,776,000 | 11,514,000 | 11,280,000 | 11,434,000 | 11,616,000 | 11,993,000 | 12,263,000 | 12,053,000 | 11,680,000 | 11,202,000 | 10,760,000 | 10,496,000 | 10,382,000 | 10,045,000 | 9,336,000 | 9,324,000 | 9,441,000 | 9,781,000 | 10,624,000 |
| Gross profit margin | 60.64% | 65.72% | 63.96% | 63.24% | 64.54% | 65.38% | 65.50% | 65.70% | 65.71% | 66.26% | 67.50% | 68.09% | 68.61% | 76.28% | 76.62% | 76.42% | 76.30% | 76.59% | 75.35% | 74.43% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,972,000K ÷ $11,497,000K
= 60.64%
The gross profit margin of Norfolk Southern Corporation has shown a gradual decline from March 2020 to December 2024. During this period, the gross profit margin decreased from 74.43% in March 2020 to 60.64% in December 2024. The company experienced its highest gross profit margin of 76.62% in June 2021, followed by a slight decline in the subsequent periods.
The decreasing trend in the gross profit margin may indicate challenges in maintaining profitability or controlling costs relative to revenue. A declining gross profit margin could be a sign of increased production costs, pricing pressures, or inefficiencies in operations. It is essential for the company to closely monitor and address the factors contributing to this decline to ensure sustainable profitability and operational efficiency over time.
Peer comparison
Dec 31, 2024
See also:
Norfolk Southern Corporation Gross Profit Margin (Quarterly Data)