Norfolk Southern Corporation (NSC)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,622,000 | 2,416,000 | 1,795,000 | 1,414,000 | 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 |
| Total assets | US$ in thousands | 43,682,000 | 43,255,000 | 42,558,000 | 42,128,000 | 41,652,000 | 40,739,000 | 39,261,000 | 39,169,000 | 38,885,000 | 39,306,000 | 39,336,000 | 39,361,000 | 38,493,000 | 38,604,000 | 38,754,000 | 37,937,000 | 37,962,000 | 38,179,000 | 37,962,000 | 37,438,000 |
| ROA | 6.00% | 5.59% | 4.22% | 3.36% | 4.39% | 5.13% | 6.55% | 7.74% | 8.41% | 8.24% | 7.72% | 7.71% | 7.81% | 7.55% | 7.05% | 6.08% | 5.30% | 5.26% | 5.52% | 6.48% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,622,000K ÷ $43,682,000K
= 6.00%
ROA, or Return on Assets, is a key financial ratio that measures a company's efficiency in generating profits from its assets. For Norfolk Southern Corporation, the trend in ROA shows some fluctuations over the reported periods.
From March 31, 2020, to December 31, 2021, Norfolk Southern's ROA improved steadily from 6.48% to 7.81%. This indicates that the company was becoming more effective in generating earnings relative to its total assets during this period.
However, starting from March 31, 2022, Norfolk Southern's ROA began to decline, reaching a low of 3.36% on March 31, 2024. This downward trend may suggest challenges in maintaining profitability relative to its asset base during those quarters.
By the end of December 31, 2024, the ROA had improved slightly to 6.00%, but it remained below the peak levels seen in 2021. This indicates that Norfolk Southern may need to focus on optimizing its asset utilization and profitability to enhance its overall performance in the future.
Peer comparison
Dec 31, 2024
See also:
Norfolk Southern Corporation Return on Assets (ROA) (Quarterly Data)