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Norfolk Southern NSC Q4 2024 Annual earnings

Reported January 29, 2025 · Before market open

Revenue estimate$3.0B
EPS estimate$2.94

Next report

Aug 4, 2026 (in a month)
Revenue estimate$3.3B
EPS estimate$3.12

Financials

Q4 2024

Income statement

See full
Revenue$3.0B-1.6%
Operating income$1.1B+40.0%
Net income$733.0M+39.1%
EPS (diluted)$3.23+39.2%

Balance sheet

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Cash & equivalents$1.6B+4.7%
Total debt$285.0M-30.3%
Total equity$14.3B+11.9%
Total assets$43.7B+4.9%

Cash flow

See full
Operating cash flow$951.0M+41.3%
CapEx$675.0M-19.3%
Free cash flow$276.0M

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$53.1B-0.5%
Enterprise value$51.74B-0.9%
P/E20.3×-8.9×
P/S4.4×0.0×

Profitability

See full
Operating margin33.6%+10.1pp
Net margin21.6%+6.6pp
FCF margin13.8%

Returns & leverage

See full
Return on equity19.4%+5.0pp
Debt / equity0.0×
Current ratio0.9×-0.3×

Segments

By segment

See full
Railway Operating Revenues Market Group Merchandise$1.8B-0.4%
Railway Operating Revenues Market Group Intermodal$792.0M-0.3%
Railway Operating Revenues Market Group Coal$390.0M-9.3%

Versus estimates

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Questions, answered.

When did Norfolk Southern report Q4 2024 earnings?
Norfolk Southern (NSC) reported Q4 2024 earnings on January 29, 2025 before market open.
What were Norfolk Southern's Q4 2024 revenue and EPS?
Norfolk Southern reported revenue of $3.0B and diluted EPS of $3.04 for Q4 2024.
Did Norfolk Southern beat estimates in Q4 2024?
Revenue beat the consensus estimate of $3.0B by $9.1M. EPS beat the consensus estimate of $2.94 by $0.10.
Where can I find Norfolk Southern's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000702165-25-000008) directly on SEC EDGAR. The filing index links above go to sec.gov.