NSC Q1 2023 Earnings — Norfolk Southern Corporation Revenue & Financial Results | Market Cap Arena

NSCNorfolk Southern Corporation

$68B

Q1 2023 Earnings

Industrials Railroads

Income Statement

Revenue

$3.1B+7.4% YoY

Gross Profit

$708M22.6% margin

Operating Income

$708M22.6% margin

Net Income

$466M14.9% margin

EPS (Diluted)

$2.04

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$745M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$39.2B

Total Liabilities

$26.4B

Stockholders' Equity

$12.7B

Cash & Equivalents

$552M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$2.9B	+7.4%
Gross Profit	$708M	$1.1B	-34.4%
Operating Income	$708M	$1.1B	-34.4%
Net Income	$466M	$703M	-33.7%

Revenue Segments

Railway Operating Revenues Market Group Merchandise

$1.9B60%

Railway Operating Revenues Market Group Intermodal

$814M26%

Railway Operating Revenues Market Group Coal

$440M14%