Norfolk Southern (NSC) Cost of Revenue (2016 - 2024)

Norfolk Southern (NSC) has reported Cost of Revenue for 9 consecutive years, with $173.0 million the latest figure, recorded in Q2 2024.

• In Q2 2024, Cost of Revenue fell 15.61% year-over-year to $173.0 million; the TTM figure through Jun 2024 stood at $803.0 million (up 2.03% YoY), while the FY2023 annual figure was $832.0 million, up 16.69% from the prior year.
• Cost of Revenue fell to $173.0 million in Q2 2024 per NSC's latest filing, from $215.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $215.0 million in Q1 2024 and bottomed at $97.0 million in Q2 2021.
• Historically, Cost of Revenue has averaged $174.1 million across 5 years, with a median of $171.5 million in 2022.
• Annual changes were most pronounced in 2021 — Cost of Revenue slumped 35.76% — and 2022, when it surged 77.32%.
• Norfolk Southern's Cost of Revenue stood at $153.0 million in 2020, then retreated by 15.69% to $129.0 million in 2021, then surged by 60.47% to $207.0 million in 2022, then rose by 1.45% to $210.0 million in 2023, then decreased by 17.62% to $173.0 million in 2024.
• Business Quant data shows NSC's Cost of Revenue at $173.0 million in Q2 2024, $215.0 million in Q1 2024, and $210.0 million in Q4 2023.