Norfolk Southern Corporation (NSC)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,827,000 | 2,090,000 | 2,570,000 | 3,033,000 | 3,270,000 | 3,240,000 | 3,035,000 | 3,035,000 | 3,005,000 | 2,916,000 | 2,732,000 | 2,305,000 | 2,013,000 | 2,008,000 | 2,096,000 | 2,426,000 | 2,722,000 | 2,758,000 | 2,803,000 | 2,791,000 |
| 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 |
| Net profit margin | 15.98% | 17.99% | 21.43% | 24.73% | 27.13% | 27.74% | 27.09% | 28.21% | 28.63% | 28.09% | 27.20% | 24.69% | 21.59% | 21.27% | 21.43% | 22.84% | 25.10% | 24.96% | 25.11% | 25.01% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,827,000K ÷ $11,434,000K
= 15.98%
The net profit margin of Norfolk Southern Corp. has displayed a decreasing trend over the past eight quarters, from 26.56% in Q1 2022 to 15.00% in Q4 2023. This indicates a decline in the company's profitability relative to its revenue during this period. The gradual decrease in net profit margin may suggest factors such as increasing operating expenses, declining sales prices, or inefficiencies in cost management. It is essential for investors and stakeholders to closely monitor the company's financial performance to understand the underlying reasons for this decline and assess the potential impact on its overall financial health and future prospects.
Peer comparison
Dec 31, 2023
See also:
Norfolk Southern Corporation Net Profit Margin (Quarterly Data)