Norfolk Southern Corporation (NSC)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 7,947,000 | 8,153,000 | 8,174,000 | 8,164,000 |
| Revenue (ttm) | US$ in thousands | 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 | 10,844,000 | 11,050,000 | 11,164,000 | 11,159,000 |
| Gross profit margin | 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% | 73.28% | 73.78% | 73.22% | 73.16% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $7,379,000K ÷ $11,434,000K
= 64.54%
The gross profit margin for Norfolk Southern Corp. has remained consistently stable at 100.00% across all quarters from Q1 2022 to Q4 2023. This indicates that the company is effectively managing its production costs and generating a significant profit on its goods or services. A gross profit margin of 100.00% implies that Norfolk Southern Corp. is able to recover all its direct costs associated with production and still have a margin of profit. However, it is important to consider other financial metrics and operational efficiency measures to gain a more comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2023
See also:
Norfolk Southern Corporation Gross Profit Margin (Quarterly Data)