Norfolk Southern Corp.

NSC ·Industrials, Railroads, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009 FY2008 FY2007 FY2006
Revenue $9.53B $7.99B $10.66B $9.43B $9.40B
Merchandise $5.17B $4.37B $5.60B $5.42B $5.42B
Intermodal $1.85B $1.60B $1.94B $1.86B $1.86B
Coal $2.51B $2.02B $3.12B $2.15B $2.13B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $2.68B $1.96B $3.08B $2.59B
Operating Margin 28.1% 24.6% 28.9% 27.4%
Interest Expense $462.0M $467.0M $444.0M $441.0M
Pretax Income
Income Tax Expense $871.0M $588.0M $1.03B $773.0M
Net Income $1.50B $1.03B $1.72B $1.46B
Net Margin 15.7% 12.9% 16.1% 15.5%
EPS (Basic) $4.06 $2.79 $4.58 $3.73
EPS (Diluted) $4.00 $2.76 $4.52 $3.68
Shares Outstanding (Basic) 366.5M 367.1M 372.3M
Shares Outstanding (Diluted) 371.8M 372.1M 380.0M
Dividends Per Share $1.40 $1.36 $1.22 $0.96
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