Norfolk Historical Income Statement
| NSC Stock | USD 239.94 0.89 0.37% |
Historical analysis of Norfolk Southern income statement accounts such as Gross Profit of 4.4 B can show how well Norfolk Southern performed in making a profits. Evaluating Norfolk Southern income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Norfolk Southern's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Norfolk Southern latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Norfolk Southern is a good buy for the upcoming year.
Norfolk |
About Norfolk Income Statement Analysis
Norfolk Southern Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Norfolk Southern shareholders. The income statement also shows Norfolk investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Norfolk Southern Income Statement Chart
Norfolk Southern Income Statement is one of the three primary financial statements used for reporting Norfolk's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Norfolk Southern revenue and expense. Norfolk Southern Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Norfolk Southern's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 9.8 B, whereas Depreciation And Amortization is forecasted to decline to about 677.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Norfolk Southern generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Norfolk Southern minus its cost of goods sold. It is profit before Norfolk Southern operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Norfolk Southern. It is also known as Norfolk Southern overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Norfolk Southern operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Norfolk Southern is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Norfolk Southern's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Norfolk Southern current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.At present, Norfolk Southern's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 9.8 B, whereas Depreciation And Amortization is forecasted to decline to about 677.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.0B | 5.5B | 6.1B | 4.4B | Total Revenue | 11.1B | 12.7B | 12.2B | 8.4B |
Norfolk Southern income statement Correlations
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Norfolk Southern Account Relationship Matchups
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Norfolk Southern income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.2B | 1.7B | 1.3B | 1.2B | 1.3B | 677.8M | |
| Interest Expense | 604M | 625M | 646M | 692M | 722M | 758.1M | |
| Total Revenue | 11.3B | 9.8B | 11.1B | 12.7B | 12.2B | 8.4B | |
| Gross Profit | 4.7B | 4.0B | 5.0B | 5.5B | 6.1B | 4.4B | |
| Other Operating Expenses | 7.3B | 6.4B | 6.7B | 7.9B | 15.4B | 16.1B | |
| Operating Income | 4.0B | 3.0B | 4.4B | 4.8B | 2.9B | 2.2B | |
| Ebit | 4.0B | 3.0B | 4.4B | 4.8B | 2.9B | 2.1B | |
| Ebitda | 5.2B | 4.7B | 5.7B | 6.0B | 2.9B | 2.8B | |
| Cost Of Revenue | 6.6B | 5.7B | 6.1B | 7.2B | 6.1B | 4.1B | |
| Total Operating Expenses | 740M | 653M | 547M | 713M | 9.3B | 9.8B | |
| Income Before Tax | 3.5B | 2.5B | 3.9B | 4.1B | 2.3B | 1.9B | |
| Total Other Income Expense Net | (498M) | (472M) | (569M) | (679M) | (531M) | (504.5M) | |
| Net Income | 2.7B | 2.0B | 3.0B | 3.3B | 1.8B | 1.4B | |
| Income Tax Expense | 769M | 517M | 873M | 860M | 493M | 505.8M | |
| Selling General Administrative | 61M | 63M | (91M) | (102M) | 77M | 61.8M | |
| Net Income Applicable To Common Shares | 2.7B | 2.0B | 3.0B | 3.3B | 3.8B | 1.9B | |
| Net Income From Continuing Ops | 2.7B | 2.0B | 3.0B | 3.3B | 2.1B | 2.5B | |
| Non Operating Income Net Other | 106M | 153M | 77M | 13M | 11.7M | 11.1M | |
| Tax Provision | 769M | 517M | 873M | 860M | 617M | 484.4M | |
| Interest Income | 604M | 625M | 646M | 692M | 795.8M | 507.1M | |
| Net Interest Income | (604M) | (625M) | (646M) | (692M) | (704M) | (739.2M) | |
| Reconciled Depreciation | 1.1B | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B |
Norfolk Southern Investors Sentiment
The influence of Norfolk Southern's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Norfolk. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Norfolk Southern's public news can be used to forecast risks associated with an investment in Norfolk. The trend in average sentiment can be used to explain how an investor holding Norfolk can time the market purely based on public headlines and social activities around Norfolk Southern. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Norfolk Southern's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Norfolk Southern's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Norfolk Southern's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Norfolk Southern.
Norfolk Southern Implied Volatility | 44.08 |
Norfolk Southern's implied volatility exposes the market's sentiment of Norfolk Southern stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Norfolk Southern's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Norfolk Southern stock will not fluctuate a lot when Norfolk Southern's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Norfolk Southern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Norfolk Southern's short interest history, or implied volatility extrapolated from Norfolk Southern options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Norfolk Stock analysis
When running Norfolk Southern's price analysis, check to measure Norfolk Southern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norfolk Southern is operating at the current time. Most of Norfolk Southern's value examination focuses on studying past and present price action to predict the probability of Norfolk Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norfolk Southern's price. Additionally, you may evaluate how the addition of Norfolk Southern to your portfolios can decrease your overall portfolio volatility.
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Is Norfolk Southern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Norfolk Southern. If investors know Norfolk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Norfolk Southern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Dividend Share 5.4 | Earnings Share 6.21 | Revenue Per Share 53.121 | Quarterly Revenue Growth (0.04) |
The market value of Norfolk Southern is measured differently than its book value, which is the value of Norfolk that is recorded on the company's balance sheet. Investors also form their own opinion of Norfolk Southern's value that differs from its market value or its book value, called intrinsic value, which is Norfolk Southern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Norfolk Southern's market value can be influenced by many factors that don't directly affect Norfolk Southern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Norfolk Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norfolk Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norfolk Southern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.