Norfolk Southern Q4 2024 Earnings Report

Norfolk Southern reported solid performance driven by productivity initiatives.

Key Takeaways

Norfolk Southern Corporation reported Q4 2024 financial results with a revenue of $3.0 billion and diluted earnings per share of $3.23. The company's operating ratio was 62.6%. The results reflect progress in safety, productivity, and operational excellence.

Railway operating revenues were $3.0 billion, a decrease of 2% compared to Q4 2023.

Excluding the impact of lower fuel surcharge revenue, railway operating revenues increased by 2% on volume growth of 3% compared to Q4 2023.

Diluted earnings per share increased by 39% compared to Q4 2023.

Operating ratio improved to 62.6% compared to 73.7% in Q4 2023.