NSC Q2 2023 Earnings — Norfolk Southern Corporation Revenue & Financial Results | Market Cap Arena

NSCNorfolk Southern Corporation

$68B

Q2 2023 Earnings

Industrials Railroads

Income Statement

Revenue

$3.0B-8.3% YoY

Gross Profit

$557M18.7% margin

Operating Income

$557M18.7% margin

Net Income

$356M11.9% margin

EPS (Diluted)

$1.56

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$673M

Free Cash Flow

$153M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$39.3B

Total Liabilities

$26.6B

Stockholders' Equity

$12.6B

Cash & Equivalents

$556M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.3B	-8.3%
Gross Profit	$557M	$1.2B	-55.2%
Operating Income	$557M	$1.2B	-55.2%
Net Income	$356M	$819M	-56.5%

Revenue Segments

Railway Operating Revenues Market Group Merchandise

$1.8B61%

Railway Operating Revenues Market Group Intermodal

$745M25%

Railway Operating Revenues Market Group Coal

$409M14%