Norfolk Southern (Norfolk Southern) Interest Expense : $-748 Mil (TTM As of Mar. 2024)

View and export this data going back to 1982. Start your Free Trial

What is Norfolk Southern Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norfolk Southern's interest expense for the three months ended in Mar. 2024 was $ -201 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-748 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Norfolk Southern's Operating Income for the three months ended in Mar. 2024 was $ 952 Mil. Norfolk Southern's Interest Expense for the three months ended in Mar. 2024 was $ -201 Mil. Norfolk Southern's Interest Coverage for the quarter that ended in Mar. 2024 was 4.74. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Norfolk Southern Interest Expense Historical Data

The historical data trend for Norfolk Southern's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Norfolk Southern Interest Expense Chart

Norfolk Southern Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-604.00

-625.00

-646.00

-692.00

-722.00

Norfolk Southern Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-175.00	-170.00	-182.00	-195.00	-201.00

Norfolk Southern Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-748 Mil.

Norfolk Southern (NYSE:NSC) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Norfolk Southern's Interest Expense for the three months ended in Mar. 2024 was $-201 Mil. Its Operating Income for the three months ended in Mar. 2024 was $952 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $17,179 Mil.

Norfolk Southern's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	952	/	-201
	=	4.74

The higher the ratio, the stronger the company's financial strength is.

Norfolk Southern (Norfolk Southern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norfolk Southern Corp (NYSE:NSC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NSC:Mexico NFS:Germany NFS:Germany N1SC34:Brazil NSCO:Austria

Address

650 West Peachtree Street NW, Atlanta, GA, USA, 30308

Website

http://www.norfolksouthern.com

Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

Executives

Phillip S Davidson	director	825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Francesca A. Debiase	director	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Alan H. Shaw	officer: EVP & Chief Marketing Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Paul B Duncan	officer: EVP & Chief Operating Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
James A Squires	officer: Sr. V.P. - Law	650 W PEACHTREE ST NW, ATLANTA GA 30308
Steven F Leer	director	USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Nabanita C Nag	officer: SVP and Chief Legal Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Claiborne L Moore	officer: Vice President and Controller	650 W PEACHTREE ST NW, ATLANTA GA 30308
Lorri J Kleine	officer: SVP & Chief Legal Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Claude E Elkins	officer: EVP & Chief Marketing Officer	650 W. PEACHTREE ST, NW, ATLANTA GA 30308
Allison Clyde H Jr	officer: Vice President and Controller	650 W PEACHTREE ST NW, ATLANTA GA 30308
Ann A Adams	officer: EVP-Chief Transform. Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Cynthia M Sanborn	officer: EVP & Chief Operating Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Michael Joseph Wheeler	officer: Sr. Vice President Operations	THREE COMMERCIAL PLACE, 13TH FLOOR, NORFOLK VA 23510
Christopher T Jones	director	2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042