Financial Statements

Norfolk Southern Corporation (NSC)


+0.83 (+0.36%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 12,88313,20713,44014,176-
Net Income 3,0052,0132,7222,6665,404
Stock Dividends -3,274-1,377-2,006-2,5589,475
Dividend Paid -1,028-960-949-844-703
Retained Earnings 11,58612,88313,20713,44014,176

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 31,34531,61431,09130,330-
Annual Depreciation 1,7781,2252,5422,71232,053
Capital Expenditure -1,470-1,494-2,019-1,951-1,723
Net PPE 31,65331,34531,61431,09130,330

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -7-10-122-14-10
Intangible and Goodwill -----

Norfolk Southern Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Norfolk Southern Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.