Norfolk Southern Corporation (NSC)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 14,306,000 | 13,785,000 | 12,979,000 | 12,536,000 | 12,781,000 | 12,615,000 | 12,640,000 | 12,727,000 | 12,733,000 | 13,024,000 | 13,154,000 | 13,461,000 | 13,641,000 | 13,887,000 | 14,317,000 | 14,643,000 | 14,791,000 | 14,941,000 | 14,861,000 | 14,884,000 |
| ROE | 18.33% | 17.53% | 13.83% | 11.28% | 14.29% | 16.57% | 20.33% | 23.83% | 25.68% | 24.88% | 23.07% | 22.55% | 22.03% | 21.00% | 19.08% | 15.74% | 13.61% | 13.44% | 14.10% | 16.30% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,622,000K ÷ $14,306,000K
= 18.33%
Norfolk Southern Corporation's return on equity (ROE) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE started at 16.30% in March 2020 and gradually decreased to 13.44% by September 2020. Subsequently, there was a slight increase to 13.61% by December 2020.
From March 2021 onwards, the ROE started to exhibit significant growth, with the ratio reaching 25.68% by December 2022, marking the highest ROE during the period analyzed. However, a decrease was observed in the following quarters, with the ROE dropping to 14.29% by December 2023.
The most recent data point available is an ROE of 18.33% as of December 31, 2024. The overall trend indicates that Norfolk Southern Corporation has experienced fluctuations in its ROE over the period, with both increases and decreases in profitability as measured by return on equity.
Peer comparison
Dec 31, 2024
See also:
Norfolk Southern Corporation Return on Equity (ROE) (Quarterly Data)