Norfolk Southern Corporation (NSC)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,329,000 | 3,052,000 | 2,239,000 | 1,758,000 | 2,320,000 | 2,707,000 | 3,186,000 | 3,810,000 | 4,130,000 | 4,077,000 | 3,970,000 | 3,924,000 | 3,878,000 | 3,760,000 | 3,498,000 | 2,960,000 | 2,530,000 | 2,491,000 | 2,635,000 | 3,066,000 |
| Revenue (ttm) | US$ in thousands | 11,497,000 | 11,776,000 | 11,514,000 | 11,280,000 | 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 |
| Pretax margin | 28.96% | 25.92% | 19.45% | 15.59% | 20.29% | 23.30% | 26.57% | 31.07% | 34.27% | 34.91% | 35.44% | 36.47% | 36.95% | 36.22% | 34.82% | 31.71% | 27.13% | 26.38% | 26.94% | 28.86% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,329,000K ÷ $11,497,000K
= 28.96%
The pretax margin of Norfolk Southern Corporation has shown fluctuations over the periods outlined in the dataset. The pretax margin ranged from a high of 36.95% in December 31, 2021, to a low of 15.59% in March 31, 2024. The company experienced a general upward trend in pretax margin from the beginning of the dataset in March 31, 2020, reaching its peak by December 31, 2021. However, there was a sharp decline in the pretax margin starting from March 31, 2024, reducing to 28.96% by December 31, 2024.
The analysis indicates that Norfolk Southern Corporation's ability to generate income before taxes relative to its revenue fluctuated, which may be indicative of varying cost structures, operational efficiencies, or external economic factors impacting the company's profitability. Further investigation into the specific drivers behind these fluctuations would be necessary to assess the overall financial health and performance of the company.
Peer comparison
Dec 31, 2024