Norfolk Southern Corporation (NSC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,622,000 | 1,827,000 | 3,270,000 | 3,005,000 | 2,013,000 |
| Total assets | US$ in thousands | 43,682,000 | 41,652,000 | 38,885,000 | 38,493,000 | 37,962,000 |
| ROA | 6.00% | 4.39% | 8.41% | 7.81% | 5.30% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,622,000K ÷ $43,682,000K
= 6.00%
The Return on Assets (ROA) for Norfolk Southern Corporation has shown a fluctuating trend over the past five years.
- In December 2020, the ROA was 5.30%, indicating that the company generated 5.30 cents of profit for each dollar of assets.
- By December 2021, the ROA improved to 7.81%, showcasing an increase in the company's profitability in relation to its asset base.
- The trend continued upwards in December 2022, with the ROA reaching 8.41%, suggesting an even more efficient utilization of assets to generate profit.
- However, there was a decline in December 2023, with the ROA dropping to 4.39%, possibly indicating challenges or decreased efficiency in asset utilization during that period.
- In the most recent year, December 2024, the ROA recovered to 6.00%, showing an improvement from the previous year.
Overall, the fluctuating ROA of Norfolk Southern Corporation suggests varying levels of effectiveness in generating profit from its assets over the analyzed period. Further analysis of the company's operational and financial performance may provide insights into the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024