Norfolk Southern Corporation (NSC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,827,000 | 3,270,000 | 3,005,000 | 2,013,000 | 2,722,000 |
| Revenue | US$ in thousands | 11,434,000 | 12,053,000 | 10,496,000 | 9,164,000 | 10,692,000 |
| Net profit margin | 15.98% | 27.13% | 28.63% | 21.97% | 25.46% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,827,000K ÷ $11,434,000K
= 15.98%
The net profit margin of Norfolk Southern Corp. has fluctuated over the past five years, ranging from 15.00% to 26.95%. In 2023, the net profit margin decreased to 15.00% from 25.64% in 2022. This indicates that the company's net income as a percentage of its revenue decreased in 2023 compared to the previous year. Despite this decline, Norfolk Southern Corp. has historically maintained relatively healthy net profit margins, suggesting effective cost management and revenue generation strategies. It is essential for investors and stakeholders to monitor these trends to assess the company's profitability and operational efficiency over time.
Peer comparison
Dec 31, 2023