Norfolk Southern (NSC) Gross Profit (2016 - 2024)
Norfolk Southern (NSC) posted quarterly Gross Profit of $2.9 billion for Q2 2024, up 3.46% year-over-year from $2.8 billion in Q3 2023, and up 2.94% quarter-over-quarter from $2.8 billion in Q1 2024.
Norfolk Southern (NSC) Gross Profit (2016 - 2024) Analysis & Trends
Norfolk Southern (NSC) has reported Gross Profit for 9 consecutive years, with $2.9 billion the latest figure, recorded in Q2 2024.
- In Q2 2024, Gross Profit rose 3.46% year-over-year to $2.9 billion; the TTM figure through Jun 2024 stood at $11.3 billion (down 5.17% YoY), while the FY2023 annual figure was $11.3 billion, down 5.88% from the prior year.
- Gross Profit climbed to $2.9 billion in Q2 2024 per NSC's latest filing, from $2.8 billion in the prior quarter.
- Across five years, Gross Profit topped out at $3.2 billion in Q3 2022 and bottomed at $1.9 billion in Q2 2020.
- Historically, Gross Profit has averaged $2.7 billion across 5 years, with a median of $2.8 billion in 2022.
- Annual changes were most pronounced in 2020 — Gross Profit dropped 29.24% — and 2021, when it surged 39.71%.
- Norfolk Southern's Gross Profit stood at $2.4 billion in 2020, then increased by 12.52% to $2.7 billion in 2021, then grew by 11.27% to $3.0 billion in 2022, then retreated by 5.51% to $2.9 billion in 2023, then advanced by 0.28% to $2.9 billion in 2024.
- Business Quant data shows NSC's Gross Profit at $2.9 billion in Q2 2024, $2.8 billion in Q1 2024, and $2.9 billion in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 182.58 Bn | 180.47 Bn | 6.50 Bn |
| 2 | Csx | 95.72 Bn | 94.33 Bn | 3.29 Bn |
| 3 | Canadian Pacific Kansas City | 85.71 Bn | 85.44 Bn | 2.92 Bn |
| 4 | Canadian National Railway | 79.38 Bn | 79.38 Bn | - |
| 5 | Norfolk Southern | 78.72 Bn | 77.65 Bn | - |
| 6 | Westinghouse Air Brake Technologies | 50.38 Bn | 49.71 Bn | 1.16 Bn |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn |
| 8 | Greenbrier Companies | 1.43 Bn | 1.15 Bn | 81.10 Mn |
| 9 | Foster L B | 392.93 Mn | 387.15 Mn | 30.87 Mn |
| 10 | FreightCar America | 235.01 Mn | 170.72 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.87 Bn |
| Jun 30, 2024 | 2.87 Bn |
| Mar 31, 2024 | 2.79 Bn |
| Mar 31, 2024 | 2.79 Bn |
| Dec 31, 2023 | 2.86 Bn |
| Dec 31, 2023 | 2.86 Bn |
| Sep 30, 2023 | 2.77 Bn |
| Sep 30, 2023 | 2.77 Bn |
| Jun 30, 2023 | 2.78 Bn |
| Jun 30, 2023 | 2.78 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 3.03 Bn |
| Dec 31, 2022 | 3.03 Bn |
| Sep 30, 2022 | 3.18 Bn |
| Sep 30, 2022 | 3.18 Bn |
| Jun 30, 2022 | 3.08 Bn |
| Jun 30, 2022 | 3.08 Bn |
| Mar 31, 2022 | 2.74 Bn |
| Mar 31, 2022 | 2.74 Bn |