Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, scrap paper, beverages, canned goods, and consumer products; chemicals consist of sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, and sand; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and provides commuter rail passenger transportation services and operates an intermodal network. As of December 31, 2021, the company operated approximately 19,300 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is based in Atlanta, Georgia.

Norfolk Southern Corporation

Since 1827, Norfolk Southern (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that power the U.S. economy.  

Today, we operate a customer-centric and operations-driven freight transportation network across 19,000 route miles and have the most extensive intermodal network in the eastern United States.  

Norfolk Southern serves a majority of the country’s population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. 
 
Committed to furthering sustainability, we help our customers avoid 15 million tons of annual carbon emissions by shipping via rail. Our railroaders deliver more than 7 million carloads each year, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America.  

Visit our website to learn more about transporting your company’s goods with Norfolk Southern and to calculate how you can decarbonize your supply chain through freight rail.

Arzoon

Norfolk Southern

👀 A look inside our Juniata Locomotive Shop, one of the largest locomotive repair facilities in the industry. 🚂 🔧

Over the past year the Craft Mentors have been busy on Norfolk Southern Coastal Division. From getting Conductor Trainee's(CT) through the rigorous training program to become marked up conductors, facilitating peer to peer meetings with conductors with two years or less seniority, to speaking with newly hired CT's at the training center in McDonough GA. We have had the honor of having the EVP & COO Paul Duncan , VP of Transportation Joe Gioe , VP of Field Engagement Floyd Hudson, AVP of Performance Excellence Michael Belt, General Manager Operations Transportation- Southern Region Brian Stanley, Coastal Division Superintendent Mike Davis and many others stop by Inman Yard and give some great round table knowledge and have open forum discussions on ways to make this company the most desirable Class 1 railroad to work for. Rather it be a newly graduated CT's or the most senior employees on the terminal, all feedback is necessary to drive the culture change for the next generation. As the year comes to an end, we look to our President and CEO Alan Shaw envision of "A Better Way Forward", 2024 has a lot in store. 

Senior Training Coordinator B MOORE has definitely put together "The A Team" with myself,  Shannon Goins, Kelvin Hill, Britt Holloway, Anthony Lane, and Bobbie Pitts to ensure that these new hires embarking on their railroad careers are getting top notch guidance and training.

Happy holidays to you and your family.

For most Americans, the holiday season is a time to wind down work for the year. But for Norfolk Southern, it’s Peak Season. That’s when our team ramps up to help bring the holidays to life in cities and towns across our network. We know that when we deliver for our customers, we’re also delivering for the families, friends, neighbors, and communities that depend on rail to get the items they need to make their holidays special. 
 
This holiday season, I’m grateful to the 20,000 railroaders who power Norfolk Southern. I’m especially thankful for those working throughout this holiday season, like our team at Inman Yard in Atlanta. I had the pleasure of visiting with them on Christmas Eve to thank them in person for their hard work and dedication. I am inspired by their commitment to Norfolk Southern and our customers.   

I’m honored to lead Team NS as we chart A Better Way Forward for our customers, our communities, and our industry. From my family to yours, I hope everyone has a safe and healthy holiday season and a Happy New Year.

Setting out 🥛 & 🍪 for 🎅 tonight? Our railroaders ensure those essentials are delivered, so you can keep Santa rolling through the night.

We transported enough sugar, flour, and salt for 2.8 BILLION batches of snickerdoodle cookies— that’s enough ingredients for every household in America to make cookies for Santa, 23 times over. We also move enough milk to fill Santa’s cup over 20 million times.
 
Don't forget about his reindeer too! 🦌 We've moved 25M tons of grain and feed, along with over 18M carrot sticks, to keep Santa’s reindeer energized for a lifetime of holiday flights.

🔗 Discover more ways NS delivers your holidays at https://bit.ly/3tg5GOh.

Our railroaders ensure that every day Norfolk Southern delivers safe, reliable, and resilient service to our customers 24/7, 365. These men and women power the American economy, delivering for the businesses and consumers who rely on rail, including you and me. 
 
I have the honor of meeting with our dedicated crew members throughout our 22-state network who make our work possible. Their experience ranges from a few months to over 40 years of service. All show a fierce dedication to service, productivity, and growth – the driving factors behind our Better Way Forward strategy. 
 
Thank you to each one of our railroaders for everything you do to support our customers. I’m proud of what our team has accomplished in 2023 and am excited for the future with this NS team.

As we close out this year, from my family to yours, I wish you a safe and happy holiday season.

A digital Holiday card from Team NS to you. From all 20,000 of us, we wish you a joyful and safe holiday season! 🎄📬 

As our dedicated railroaders work tirelessly behind the scenes 24/7, 365, we're proud to bring the magic of the season to communities across our network. 

We know that when we deliver for our customers, we’re also delivering for our families, friends, and neighbors that rely on rail to make the season bright. 

Thank you for being part of our journey. Happy Holidays!

Our success is powered by the hard work and dedication of our 20,000 railroaders.
 
In 2023, these outstanding leaders on #TeamNS received industry recognition, earning accolades as trailblazers, innovators, and for advancing the rail industry.

These awards are a testament to the work being done every day across all NS departments, locations, and teams to chart A Better Way Forward.

Thank you, Alan Shaw, Paul Duncan, Meghan Achimasi, Katherine Barry, Will DeShazor, Mark Dudle, Jamie Helmer, Adam Motsinger, and Yannik T., for your leadership and unwavering commitment to our team, customers, shareholders, and the communities we serve.

Learn more at https://lnkd.in/eAzSPcTu.

From the presents under your tree to all the essentials for your holiday parties, here’s a glimpse into the freight our railroaders move to make the season brighter:

Each December, Norfolk Southern railroaders work with our customer, J.B. Hunt Transport Services, Inc., to support Wreaths Across America (WAA). WAA’s mission is to honor every military grave with a wreath during the holiday season. 

This year, we proudly delivered 300,000 wreaths that will make their way to locations across our 22-state network. I’m honored to work alongside the 2,000 veterans at Norfolk Southern, and to join with them in remembering the brave men and women who so selflessly served our country.

NS is delivering the holiday sea-son at Georgia Aquarium this year!

We're proud to support the aquarium's conservation efforts and sponsor the 2023 holiday events.

Bring your family and friends to explore all the festive fun. Don't forget to take a photo in front of our exhibit in the atrium and tag us!

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	11.24B -	11.62B 3.37%	10.51B 9.58%	9.89B 5.93%	10.55B 6.71%	11.46B 8.60%	11.30B 1.41%	9.79B 13.34%	11.14B 13.82%	12.74B 14.39%	12.16B 4.62%
cost of revenue	7.16B -	7.11B 0.71%	6.65B 6.44%	6.01B 9.56%	6.22B 3.47%	6.84B 9.96%	6.57B 4.05%	5.75B 12.46%	6.15B 6.94%	7.22B 17.49%	6.06B 16.12%
gross profit	4.08B -	4.51B 10.53%	3.86B 14.51%	3.87B 0.34%	4.33B 11.72%	4.61B 6.63%	4.73B 2.49%	4.04B 14.57%	4.99B 23.61%	5.52B 10.57%	6.10B 10.41%
selling and marketing expenses
general and administrative expenses	65M -	111M 70.77%	138M 24.32%	20M 85.51%	112M 460.00%	-61M 154.46%	-63M 3.28%	-91M 44.44%	-102M 12.09%	77M 175.49%	-65M 184.42%
selling general and administrative expenses	65M -	111M 70.77%	138M 24.32%	20M 85.51%	112M 460.00%	-61M 154.46%	-63M 3.28%	-91M 44.44%	-102M 12.09%	77M 175.49%	-65M 184.42%
research and development expenses
other expenses	233M -	104M 55.36%	103M 0.96%	71M 31.07%	92M 29.58%	67M 27.17%	803M 1,098.51%	744M 7.35%	649M 12.77%	636M 2.00%	9.30B 1,363.05%
cost and expenses	7.99B -	8.05B 0.76%	7.63B 5.24%	6.81B 10.66%	6.96B 2.22%	7.50B 7.67%	7.31B 2.56%	6.40B 12.39%	6.70B 4.58%	7.94B 18.54%	15.36B 93.60%
operating expenses	828M -	940M 13.53%	976M 3.83%	799M 18.14%	741M 7.26%	655M 11.61%	740M 12.98%	653M 11.76%	547M 16.23%	713M 30.35%	9.30B 1,205.05%
interest expense	525M -	545M 3.81%	545M 0%	563M 3.30%	550M 2.31%	557M 1.27%	604M 8.44%	625M 3.48%	646M 3.36%	692M 7.12%	722M 4.34%
ebitda	4.41B -	4.63B 5.05%	4.05B 12.71%	4.17B 3.19%	4.74B 13.46%	5.13B 8.30%	5.23B 2.03%	4.69B 10.32%	5.71B 21.54%	6.04B 5.92%	2.85B 52.82%
operating income	3.26B -	3.58B 9.76%	2.88B 19.33%	3.07B 6.59%	3.59B 16.66%	3.96B 10.40%	3.99B 0.76%	3.00B 24.74%	4.45B 48.13%	4.81B 8.14%	2.85B 40.72%
depreciation and amortization	922M -	956M 3.69%	1.06B 10.77%	1.03B 2.74%	1.06B 2.82%	1.10B 4.25%	1.25B 12.77%	1.69B 35.90%	1.26B 25.65%	1.23B 1.91%	1.30B 5.19%
total other income expenses net	233M -	104M 55.36%	103M 0.96%	71M 31.07%	92M 29.58%	67M 27.17%	-498M 843.28%	-472M 5.22%	-569M 20.55%	-679M 19.33%	-531M 21.80%
income before tax	2.96B -	3.13B 5.70%	2.44B 22.08%	2.58B 5.73%	3.13B 21.15%	3.47B 10.90%	3.49B 0.63%	2.53B 27.53%	3.88B 53.28%	4.13B 6.50%	2.32B 43.83%
income tax expense	1.05B -	1.13B 7.49%	886M 21.87%	914M 3.16%	-2.28B 349.02%	803M 135.28%	769M 4.23%	517M 32.77%	873M 68.86%	860M 1.49%	493M 42.67%
net income	1.91B -	2B 4.71%	1.56B 22.20%	1.67B 7.20%	5.40B 223.98%	2.67B 50.67%	2.72B 2.10%	2.01B 26.05%	3.00B 49.28%	3.27B 8.82%	1.83B 44.13%
weighted average shs out	311.90M -	309.40M 0.80%	301.90M 2.42%	293.90M 2.65%	287.90M 2.04%	268.10M 6.88%	263.30M 1.79%	255.10M 3.11%	246.90M 3.21%	234.80M 4.90%	226.90M 3.36%
weighted average shs out dil	315.50M -	312.50M 0.95%	304.40M 2.59%	296M 2.76%	290.30M 1.93%	280.20M 3.48%	265.60M 5.21%	256.60M 3.39%	248.10M 3.31%	235.60M 5.04%	227.40M 3.48%
eps	6.10 -	6.44 5.57%	5.13 20.34%	5.66 10.33%	18.76 231.45%	9.94 47.01%	10.32 3.82%	7.88 23.64%	12.16 54.31%	13.92 14.47%	8.04 42.24%
epsdiluted	6.04 -	6.39 5.79%	5.10 20.19%	5.62 10.20%	18.61 231.14%	9.51 48.90%	10.25 7.78%	7.84 23.51%	12.11 54.46%	13.88 14.62%	8.02 42.22%

XETRA:NFS

Norfolk Southern Corporation

Last Close

246.93

25/09 14:37

Market Cap

48.53B

Beta: 1.29

Volume Today

147.89K

Avg: 77

PE Ratio

22.95

PFCF: 41.95

Dividend Yield

2.35%

Payout:57.70%

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