Norfolk Southern Corporation (NSC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,851,000 | 3,224,000 | 3,740,000 | 4,435,000 | 4,809,000 | 4,757,000 | 4,621,000 | 4,517,000 | 4,447,000 | 4,302,000 | 4,006,000 | 3,449,000 | 3,002,000 | 2,980,000 | 3,136,000 | 3,591,000 | 3,989,000 | 4,105,000 | 4,129,000 | 4,090,000 |
| 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 |
| Operating profit margin | 24.93% | 27.75% | 31.18% | 36.17% | 39.90% | 40.73% | 41.25% | 41.98% | 42.37% | 41.44% | 39.88% | 36.94% | 32.20% | 31.56% | 32.06% | 33.80% | 36.79% | 37.15% | 36.98% | 36.65% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,851,000K ÷ $11,434,000K
= 24.93%
Norfolk Southern Corp.'s operating profit margin has shown a downward trend over the past eight quarters, dropping from 39.56% in Q1 2022 to 32.63% in Q4 2023. This decline indicates decreasing profitability in generating revenue from core operations. Key factors contributing to this trend may include increased operating expenses, pricing pressures, or inefficiencies in cost management. It is essential for the company to closely monitor and address these issues to improve its operating profit margin and ensure sustainable profitability in the long run.
Peer comparison
Dec 31, 2023
See also:
Norfolk Southern Corporation Operating Profit Margin (Quarterly Data)