NSC Q1 2024 Earnings — Norfolk Southern Corporation Revenue & Financial Results | Market Cap Arena

NSCNorfolk Southern Corporation

$68B

Q1 2024 Earnings

Industrials Railroads

Income Statement

Revenue

$3.0B-4.1% YoY

Gross Profit

$312M10.4% margin

Operating Income

$312M10.4% margin

Net Income

$53M1.8% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$839M

Free Cash Flow

-$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$42.1B

Total Liabilities

$29.6B

Stockholders' Equity

$12.5B

Cash & Equivalents

$652M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.1B	-4.1%
Gross Profit	$312M	$708M	-55.9%
Operating Income	$312M	$708M	-55.9%
Net Income	$53M	$466M	-88.6%

Revenue Segments

Railway Operating Revenues Market Group Merchandise

$1.9B62%

Railway Operating Revenues Market Group Intermodal

$745M25%

Railway Operating Revenues Market Group Coal

$396M13%