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Common-Size Income Statement
Norfolk Southern Corp., common-size consolidated income statement
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-05), 10-K (filing date: 2017-02-06), 10-K (filing date: 2016-02-08).
| Income statement item | Description | The company |
|---|---|---|
| Income from railway operations | The net result for the period of deducting operating expenses from operating revenues. | Norfolk Southern Corp.’s income from railway operations as a percentage of railway operating revenues increased from 2017 to 2018 and from 2018 to 2019. |
| Income before income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | Norfolk Southern Corp.’s income before income taxes as a percentage of railway operating revenues increased from 2017 to 2018 and from 2018 to 2019. |
| Net income | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | Norfolk Southern Corp.’s net income as a percentage of railway operating revenues decreased from 2017 to 2018 but then slightly increased from 2018 to 2019. |