# NORFOLK SOUTHERN CORPORATION (NSC) FY2024 Annual P&L / Income Statement

- Company: NORFOLK SOUTHERN CORPORATION (NSC)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-10, accession number 0000702165-25-000008
- Page: https://plicit.ai/financials/nsc/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/nsc-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Railway operating revenues**: 12,123,000,000 US dollars
- **Total railway operating expenses**: 8,052,000,000 US dollars
- **Income from railway operations**: 4,071,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 742,000,000 US dollars
- **Income before income taxes**: 3,329,000,000 US dollars
- **Income taxes**: 707,000,000 US dollars
- **Net income**: 2,622,000,000 US dollars
- **Coal**: 1,611,000,000 US dollars
- **Intermodal**: 3,042,000,000 US dollars
- **Merchandise - Agriculture, forest and consumer products**: 2,521,000,000 US dollars
- **Merchandise - Automotive**: 1,144,000,000 US dollars
- **Merchandise - Chemicals**: 2,123,000,000 US dollars
- **Merchandise - Metals and construction**: 1,682,000,000 US dollars
- **Compensation and benefits**: 2,823,000,000 US dollars
- **Purchased services and rents**: 2,048,000,000 US dollars
- **Fuel**: 987,000,000 US dollars
- **Depreciation**: 1,353,000,000 US dollars
- **Materials and other**: 333,000,000 US dollars
- **Restructuring and other charges**: 183,000,000 US dollars
- **Eastern Ohio incident**: 325,000,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/nsc/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/nsc-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Railway operating revenues**: 12,123,000,000 US dollars
- **Total railway operating expenses**: 8,052,000,000 US dollars
- **Income from railway operations**: 4,071,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 742,000,000 US dollars
- **Income before income taxes**: 3,329,000,000 US dollars
- **Income taxes**: 707,000,000 US dollars
- **Net income**: 2,622,000,000 US dollars
- **Merchandise**: 7,470,000,000 US dollars
- **Intermodal**: 3,042,000,000 US dollars
- **Coal**: 1,611,000,000 US dollars
- **Compensation and benefits**: 2,823,000,000 US dollars
- **Purchased services and rents**: 2,048,000,000 US dollars
- **Fuel**: 987,000,000 US dollars
- **Depreciation**: 1,353,000,000 US dollars
- **Materials and other**: 333,000,000 US dollars
- **Restructuring and other charges**: 183,000,000 US dollars
- **Eastern Ohio incident**: 325,000,000 US dollars

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.