NSC — Norfolk Southern Income Statement

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Annual income statement for Norfolk Southern, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	11,296	9,789	11,142	12,745	12,156
Cost of Revenue
Gross Profit	5,418	4,841	5,945	6,387	5,652
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	7,307	6,787	6,695	7,936	9,305
Operating Profit	3,989	3,002	4,447	4,809	2,851
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	3,491	2,530	3,878	4,130	2,320
Provision for Income Taxes
Net Income After Taxes	2,722	2,013	3,005	3,270	1,827
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	2,722	2,013	3,005	3,270	1,827
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	2,722	2,011	3,005	3,268	1,824
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	10.2	9.03	12.1	13.9	11.9
Dividends per Share