Norfolk Southern (NSC) Gross Margin (2016 - 2024)

Norfolk Southern (NSC) has reported Gross Margin for 9 consecutive years, with 94.32% the latest figure, recorded in Q2 2024.

• On a quarterly basis, Gross Margin rose 120.0% year-over-year to 94.32% in Q2 2024; TTM through Jun 2024 was 93.36%, a 44.0% decrease from a year earlier, with the FY2023 full-year figure at 93.16%, down 125.0% from the prior year.
• Gross Margin was 94.32% for Q2 2024 at Norfolk Southern, up from 92.84% in the prior quarter.
• Over five years, Gross Margin peaked at 96.53% in Q2 2021 and troughed at 92.7% in Q3 2020.
• A 5-year average of 93.94% and a median of 93.86% in 2021 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin surged 378 bps in 2021 and slumped 202 bps in 2023, its largest moves.
• Over 5 years, Gross Margin stood at 94.05% in 2020, then advanced by 2 bps to 95.48% in 2021, then slipped by 2 bps to 93.61% in 2022, then decreased by 0 bps to 93.17% in 2023, then advanced by 1 bps to 94.32% in 2024.
• The last three Gross Margin figures came in at 94.32% (Q2 2024), 92.84% (Q1 2024), and 93.17% (Q4 2023), per Business Quant data.