NSC Q3 2023 Earnings — Norfolk Southern Corporation Revenue & Financial Results | Market Cap Arena

NSCNorfolk Southern Corporation

$68B

Q3 2023 Earnings

Industrials Railroads

Income Statement

Revenue

$3.0B-11.1% YoY

Gross Profit

$748M25.2% margin

Operating Income

$748M25.2% margin

Net Income

$478M16.1% margin

EPS (Diluted)

$2.10

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$660M

Free Cash Flow

$112M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$40.7B

Total Liabilities

$28.1B

Stockholders' Equity

$12.6B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.3B	-11.1%
Gross Profit	$748M	$1.3B	-40.4%
Operating Income	$748M	$1.3B	-40.4%
Net Income	$478M	$958M	-50.1%

Revenue Segments

Railway Operating Revenues Market Group Merchandise

$1.8B61%

Railway Operating Revenues Market Group Intermodal

$737M25%

Railway Operating Revenues Market Group Coal

$434M15%