Norfolk Southern (NSC) 10-K Summary — Year Ended Dec 31, 2023
The filing is the annual report for the most recent fiscal year. Revenue declined compared to the prior year, while operating cash flow was reported.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing is the annual report for the most recent fiscal year. Revenue declined compared to the prior year, while operating cash flow was reported.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$12.2B
Revenue reported for the fiscal year.
Operating income
$2.9B
Income from operations reported for the year.
Net income
$1.8B
Net income reported for the year.
Operating cash flow
$3.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $11.1B | n/a |
| Dec 31, 2022 | $12.7B | +14.4% |
| Dec 31, 2023 | $12.2B | -4.6% |
Business overview
The filing includes a Business overview section (Item 1). No specific details from that section were provided in the supplied data.
Financial performance
Revenue decreased from the previous year. Operating income and net income were positive. Operating cash flow remained strong.
Material risks
The filing lists Risk Factors (Item 1A), but the supplied data does not contain the specific risk descriptions.
Liquidity and capital
The filing includes Management’s Discussion and Analysis (Item 7), but no liquidity or capital allocation themes are detailed in the supplied data.
What to watch
Monitor whether the revenue decline continues or reverses in the next filing.