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Norfolk Southern (NSC) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Norfolk Southern Revenue Highlights

Latest Revenue (Y)

$12.16B

Latest Revenue (Q)

$3.05B

Main Segment (Y)

Railway Operating Revenues Market Group Merchandise

Norfolk Southern Revenue by Period

Norfolk Southern Revenue by Year

DateRevenueChange
2023-12-31$12.16B-4.62%
2022-12-31$12.74B14.39%
2021-12-31$11.14B13.82%
2020-12-31$9.79B-13.34%
2019-12-31$11.30B-1.41%
2018-12-31$11.46B8.60%
2017-12-31$10.55B6.71%
2016-12-31$9.89B-5.93%
2015-12-31$10.51B-9.58%
2014-12-31$11.62B3.37%
2013-12-31$11.24B1.86%
2012-12-31$11.04B-1.18%
2011-12-31$11.17B17.40%
2010-12-31$9.52B19.41%
2009-12-31$7.97B-25.25%
2008-12-31$10.66B13.03%
2007-12-31$9.43B0.27%
2006-12-31$9.41B10.32%
2005-12-31$8.53B16.62%
2004-12-31$7.31B13.05%
2003-12-31$6.47B3.16%
2002-12-31$6.27B1.62%
2001-12-31$6.17B0.18%
2000-12-31$6.16B18.56%
1999-12-31$5.20B23.08%
1998-12-31$4.22B-0.05%
1997-12-31$4.22B-11.47%
1996-12-31$4.77B2.19%
1995-12-31$4.67B1.89%
1994-12-31$4.58B2.72%
1993-12-31$4.46B-

Norfolk Southern generated $12.16B in revenue during NA 2023, up -4.62% compared to the previous quarter, and up 106.09% compared to the same period a year ago.

Norfolk Southern Revenue by Quarter

DateRevenueChange
2024-09-30$3.05B0.23%
2024-06-30$3.04B1.33%
2024-03-31$3.00B-2.25%
2023-12-31$3.07B3.43%
2023-09-30$2.97B-0.30%
2023-06-30$2.98B-4.85%
2023-03-31$3.13B-3.24%
2022-12-31$3.24B-3.17%
2022-09-30$3.34B2.86%
2022-06-30$3.25B11.49%
2022-03-31$2.92B2.21%
2021-12-31$2.85B-
2021-09-30$2.85B1.89%
2021-06-30$2.80B6.06%
2021-03-31$2.64B2.57%
2020-12-31$2.57B2.67%
2020-09-30$2.51B20.19%
2020-06-30$2.08B-20.57%
2020-03-31$2.63B-2.42%
2019-12-31$2.69B-5.32%
2019-09-30$2.84B-2.87%
2019-06-30$2.92B2.99%
2019-03-31$2.84B-1.93%
2018-12-31$2.90B-1.73%
2018-09-30$2.95B1.69%
2018-06-30$2.90B6.66%
2018-03-31$2.72B1.80%
2017-12-31$2.67B-0.04%
2017-09-30$2.67B1.25%
2017-06-30$2.64B2.41%
2017-03-31$2.58B3.41%
2016-12-31$2.49B-1.35%
2016-09-30$2.52B2.85%
2016-06-30$2.45B1.40%
2016-03-31$2.42B-3.89%
2015-12-31$2.52B-7.19%
2015-09-30$2.71B-
2015-06-30$2.71B5.69%
2015-03-31$2.57B-10.56%
2014-12-31$2.87B-5.06%
2014-09-30$3.02B-0.62%
2014-06-30$3.04B13.13%
2014-03-31$2.69B-6.66%
2013-12-31$2.88B2.02%
2013-09-30$2.82B0.79%
2013-06-30$2.80B2.34%
2013-03-31$2.74B2.01%
2012-12-31$2.68B-0.33%
2012-09-30$2.69B-6.30%
2012-06-30$2.87B3.05%
2012-03-31$2.79B-0.29%
2011-12-31$2.80B-3.18%
2011-09-30$2.89B0.80%
2011-06-30$2.87B9.39%
2011-03-31$2.62B9.53%
2010-12-31$2.39B-2.61%
2010-09-30$2.46B1.07%
2010-06-30$2.43B8.58%
2010-03-31$2.24B6.27%
2009-12-31$2.11B2.08%
2009-09-30$2.06B11.09%
2009-06-30$1.86B-4.43%
2009-03-31$1.94B-22.34%
2008-12-31$2.50B-13.55%
2008-09-30$2.89B4.67%
2008-06-30$2.77B10.60%
2008-03-31$2.50B-

Norfolk Southern generated $3.05B in revenue during Q3 2024, up 0.23% compared to the previous quarter, and up 102.38% compared to the same period a year ago.

Norfolk Southern Revenue Breakdown

Norfolk Southern Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Railway Operating Revenues Market Group Intermodal$3.09B$3.68B$3.16B$2.65B$2.82B
Railway Operating Revenues Market Group Merchandise$7.35B$7.33B$6.67B$6.09B$6.80B
Railway Operating Revenues Market Group Coal$1.71B$1.73B$1.31B$1.05B$1.67B

Norfolk Southern's latest annual revenue breakdown by segment (product or service), as of Dec 23: Railway Operating Revenues Market Group Merchandise (60.49%), Railway Operating Revenues Market Group Intermodal (25.42%), and Railway Operating Revenues Market Group Coal (14.09%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Railway Operating Revenues Market Group Merchandise$1.86B$1.90B$1.85B$1.80B$1.83B$1.88B$1.88B$1.93B$1.85B$1.67B$1.67B$1.71B$1.68B$1.61B$1.55B$1.56B$1.31B$1.67B$1.63B$1.73B
Railway Operating Revenues Market Group Intermodal$763.00M$742.00M$794.00M$737.00M$745.00M$814.00M$913.00M$942.00M$972.00M$854.00M$831.00M$812.00M$801.00M$719.00M$730.00M$700.00M$569.00M$655.00M$697.00M$707.00M
Railway Operating Revenues Market Group Coal$427.00M$398.00M$430.00M$434.00M$409.00M$440.00M$448.00M$471.00M$425.00M$389.00M$350.00M$330.00M$318.00M$312.00M$290.00M$250.00M$209.00M$298.00M$363.00M$403.00M

Norfolk Southern's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Railway Operating Revenues Market Group Merchandise (61.00%), Railway Operating Revenues Market Group Intermodal (25.01%), and Railway Operating Revenues Market Group Coal (14.00%).

Norfolk Southern Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
UNPUnion Pacific$24.12B$6.09B
CNICanadian National Railway Company$16.83B$5.73B
CSXCSX$14.66B$3.62B
CPCanadian Pacific Railway$12.55B$3.55B
NSCNorfolk Southern$12.16B$3.05B
WABWestinghouse Air Brake$9.68B$2.66B
GBXGreenbrier Companies$3.54B$820.20M
TRNTrinity Industries$2.98B$798.80M
FSTRL.B. Foster Company$543.74M$137.47M

NSC Revenue FAQ

What is Norfolk Southern’s yearly revenue?

Norfolk Southern's yearly revenue for 2023 was $12.16B, representing a decrease of -4.62% compared to 2022. The company's yearly revenue for 2022 was $12.74B, representing an increase of 14.39% compared to 2021. NSC's yearly revenue for 2021 was $11.14B, representing an increase of 13.82% compared to 2020.

What is Norfolk Southern’s quarterly revenue?

Norfolk Southern's quarterly revenue for Q3 2024 was $3.05B, a 0.23% increase from the previous quarter (Q2 2024), and a 2.69% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.04B, a 1.33% increase from the previous quarter (Q1 2024), and a 2.15% increase year-over-year (Q2 2023). NSC's quarterly revenue for Q1 2024 was $3B, a -2.25% decrease from the previous quarter (Q4 2023), and a -4.09% decrease year-over-year (Q1 2023).

What is Norfolk Southern’s revenue growth rate?

Norfolk Southern's revenue growth rate for the last 3 years (2021-2023) was 9.10%, and for the last 5 years (2019-2023) was 7.61%.

What are Norfolk Southern’s revenue streams?

Norfolk Southern's revenue streams in c 23 are Railway Operating Revenues Market Group Intermodal, Railway Operating Revenues Market Group Merchandise, and Railway Operating Revenues Market Group Coal. Railway Operating Revenues Market Group Intermodal generated $3.09B in revenue, accounting 25.42% of the company's total revenue, down -16.06% year-over-year. Railway Operating Revenues Market Group Merchandise generated $7.35B in revenue, accounting 60.49% of the company's total revenue, up 0.30% year-over-year. Railway Operating Revenues Market Group Coal generated $1.71B in revenue, accounting 14.09% of the company's total revenue, down -1.15% year-over-year.

What is Norfolk Southern’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Norfolk Southern was Railway Operating Revenues Market Group Merchandise. This segment made a revenue of $7.35B, representing 60.49% of the company's total revenue.