| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $9,789 | $11,142 | $12,745 | $12,156 | $12,123 |
| Gross Profit | $3,002 | $4,447 | $4,809 | $2,851 | $4,071 |
| Operating Income | $3,002 | $4,447 | $4,809 | $2,851 | $4,071 |
| Net Income | $2,013 | $3,005 | $3,270 | $1,827 | $2,622 |

Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $9,789 | $11,142 | $12,745 | $12,156 | $12,123 |
| Gross Profit | $3,002 | $4,447 | $4,809 | $2,851 | $4,071 |
| Operating Income | $3,002 | $4,447 | $4,809 | $2,851 | $4,071 |
| Net Income | $2,013 | $3,005 | $3,270 | $1,827 | $2,622 |
Over the five-year period, Norfolk Southern Corp’s revenue showed an upward trend from 2020 to 2022, rising from USD 9,789 million to USD 12,745 million and suggesting robust demand and operational expansion in its core rail operations. However, in 2023 the revenue declined slightly to USD 12,156 million and then remained almost flat at USD 12,123 million in 2024, indicating potential market saturation or increasing competitive pressure in the industry. During the same period, gross profit and operating income improved from USD 3,002 million in 2020 to a peak of USD 4,809 million in 2022. These figures are closely aligned because the data treats gross profit and operating income similarly, implying that cost controls and operational efficiencies were initially successful in driving overall earnings. A significant volatility occurred in 2023 when gross profit and net income dropped sharply—gross profit fell by approximately 40% from 2022’s high, and net income decreased by nearly 44% from USD 3,270 million to USD 1,827 million. This notable year-over-year swing might be indicative of rising costs, operational disruptions, or other temporary challenges affecting margins despite relatively steady revenue. By 2024, there was a partial recovery with net income rebounding to USD 2,622 million and gross profit rising to USD 4,071 million, suggesting that the company managed to address some of these headwinds. Overall, Norfolk Southern Corp appears fundamentally strong with a resilient revenue base; however, the volatility in profitability calls for close monitoring of cost dynamics and operational conditions to ensure sustained financial health in a competitive rail industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.