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 generally trended upward from USD 9.8 billion in 2020 to a peak of approximately USD 12.7 billion in 2022, before tapering slightly to around USD 12.1 billion in 2023 and 2024. The early years saw steady growth with 2021 revenue increasing by roughly 14% from 2020 and 2022 continuing that positive trend with an estimated 16% increase over 2021. However, the slight decline from 2022 to 2023 (about 5%) and its stabilization in 2024 suggests that while the company maintained its market presence, external pressures or operational adjustments might have impacted topline performance during that period. Gross profit, operating income, and net income exhibit similar trajectories, although with notable volatility. Gross profit rose markedly by about 48% from 2020 to 2021, reflecting improved margins or an increased volume mix, and grew modestly in 2022, only to suffer a significant decline of roughly 41% in 2023. This decrease was mirrored by net income, which plunged by approximately 44% in the same year, before rebounding by over 43% in 2024. Such swings could indicate cyclical operational challenges or shifts in cost structures, common in the transportation and logistics industry where fuel costs, regulatory changes, and demand fluctuations often play critical roles. Overall, despite a temporary downturn in 2023, Norfolk Southern’s recovery in 2024 and its sustained revenue base reflect a fundamentally sound financial position and operational resilience in a capital-intensive and competitive sector.
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.