Norfolk Southern (Norfolk Southern) COGS-to-Revenue : 0.66 (As of Mar. 2024)

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What is Norfolk Southern COGS-to-Revenue?

Norfolk Southern's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,983 Mil. Its Revenue for the three months ended in Mar. 2024 was $3,004 Mil.

Norfolk Southern's COGS to Revenue for the three months ended in Mar. 2024 was 0.66.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Norfolk Southern's Gross Margin % for the three months ended in Mar. 2024 was 33.99%.

Norfolk Southern COGS-to-Revenue Historical Data

The historical data trend for Norfolk Southern's COGS-to-Revenue 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.

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Norfolk Southern COGS-to-Revenue Chart

Norfolk Southern Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.61

0.62

0.57

0.59

0.64

Norfolk Southern Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.61	0.63	0.65	0.65	0.66

Norfolk Southern COGS-to-Revenue Calculation

Norfolk Southern's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7721	/	12156
	=	0.64

Norfolk Southern's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1983	/	3004
	=	0.66

Norfolk Southern (NYSE:NSC) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Norfolk Southern's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1983 / 3004
	=	33.99 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Norfolk Southern COGS-to-Revenue Related Terms

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Norfolk Southern (Norfolk Southern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norfolk Southern Corp (NYSE:NSC) » Definitions » COGS-to-Revenue

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