Norfolk Southern Corporation (NSC)

Operating return on assets (Operating ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 4,071,000 2,851,000 4,809,000 4,447,000 3,002,000
Total assets US$ in thousands 43,682,000 41,652,000 38,885,000 38,493,000 37,962,000
Operating ROA 9.32% 6.84% 12.37% 11.55% 7.91%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $4,071,000K ÷ $43,682,000K
= 9.32%

Norfolk Southern Corporation's operating return on assets (operating ROA) has fluctuated over the past five years. The trend indicates an increase from 7.91% on December 31, 2020, to 11.55% on December 31, 2021, followed by a further increase to 12.37% on December 31, 2022. However, there was a decline in operating ROA to 6.84% on December 31, 2023, before recovering slightly to 9.32% on December 31, 2024.

Overall, Norfolk Southern Corporation has shown mixed performance in terms of generating operating income relative to its total assets over the period under review. The fluctuations in operating ROA suggest varying levels of operational efficiency and profitability for the company during these years, which may require further investigation to identify the underlying factors contributing to these changes.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating ROA
Norfolk Southern Corporation
NSC
9.32%
CSX Corporation
CSX
13.11%
Union Pacific Corporation
UNP
14.34%