Return on Equity (ROE)
since 2005
Calculation
Norfolk Southern Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 13.61% | = | 100 | × | 2,013 | ÷ | 14,791 |
| Dec 31, 2019 | 17.93% | = | 100 | × | 2,722 | ÷ | 15,184 |
| Dec 31, 2018 | 17.35% | = | 100 | × | 2,666 | ÷ | 15,362 |
| Dec 31, 2017 | 33.03% | = | 100 | × | 5,404 | ÷ | 16,359 |
| Dec 31, 2016 | 13.44% | = | 100 | × | 1,668 | ÷ | 12,409 |
| Dec 31, 2015 | 12.77% | = | 100 | × | 1,556 | ÷ | 12,188 |
| Dec 31, 2014 | 16.12% | = | 100 | × | 2,000 | ÷ | 12,408 |
| Dec 31, 2013 | 16.92% | = | 100 | × | 1,910 | ÷ | 11,289 |
| Dec 31, 2012 | 17.92% | = | 100 | × | 1,749 | ÷ | 9,760 |
| Dec 31, 2011 | 19.33% | = | 100 | × | 1,916 | ÷ | 9,911 |
| Dec 31, 2010 | 14.02% | = | 100 | × | 1,496 | ÷ | 10,669 |
| Dec 31, 2009 | 9.99% | = | 100 | × | 1,034 | ÷ | 10,353 |
| Dec 31, 2008 | 17.86% | = | 100 | × | 1,716 | ÷ | 9,607 |
| Dec 31, 2007 | 15.05% | = | 100 | × | 1,464 | ÷ | 9,727 |
| Dec 31, 2006 | 15.40% | = | 100 | × | 1,481 | ÷ | 9,615 |
| Dec 31, 2005 | 13.79% | = | 100 | × | 1,281 | ÷ | 9,289 |
Based on: 10-K (filing date: 2021-02-04), 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), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).
1 US$ in millions
Comparison to Competitors
Norfolk Southern Corp., ROE, long-term trends, comparison to competitors
| Norfolk Southern Corp. | CSX Corp. | FedEx Corp. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2020 | 13.61% | 21.11% | 7.03% | 31.54% | 204.41% |
| Dec 31, 2019 | 17.93% | 28.11% | 3.04% | 32.65% | 135.90% |
| Dec 31, 2018 | 17.35% | 26.34% | 23.55% | 29.21% | 158.59% |
| Dec 31, 2017 | 33.03% | 37.21% | 18.65% | 43.10% | 491.00% |
| Dec 31, 2016 | 13.44% | 14.68% | 13.20% | 21.24% | 847.16% |
| Dec 31, 2015 | 12.77% | 16.89% | 7.00% | 23.05% | 196.11% |
| Dec 31, 2014 | 16.12% | 17.28% | 13.73% | 24.45% | 141.62% |
| Dec 31, 2013 | 16.92% | 17.78% | 8.97% | 20.67% | 67.53% |
| Dec 31, 2012 | 17.92% | 20.68% | 13.80% | 19.84% | 17.34% |
| Dec 31, 2011 | 19.33% | 21.55% | 9.54% | 17.72% | 54.07% |
| Dec 31, 2010 | 14.02% | 17.99% | 8.57% | 15.65% | 43.71% |
| Dec 31, 2009 | 9.99% | 13.02% | 0.72% | 11.20% | 28.20% |
| Dec 31, 2008 | 17.86% | 16.96% | 7.74% | 15.14% | 44.29% |
| Dec 31, 2007 | 15.05% | 15.38% | 15.93% | 11.90% | 3.14% |
| Dec 31, 2006 | 15.40% | 14.65% | 15.69% | 10.49% | 27.14% |
| Dec 31, 2005 | 13.79% | 14.40% | 15.11% | 7.49% | 22.92% |
Based on: 10-K (filing date: 2021-02-04), 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), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).
Comparison to Sector (Transportation)
Norfolk Southern Corp., ROE, long-term trends, comparison to sector (transportation)
| Norfolk Southern Corp. | Transportation | |
|---|---|---|
| Dec 31, 2020 | 13.61% | 19.99% |
| Dec 31, 2019 | 17.93% | 25.61% |
| Dec 31, 2018 | 17.35% | 30.10% |
| Dec 31, 2017 | 33.03% | 40.41% |
| Dec 31, 2016 | 13.44% | 22.10% |
| Dec 31, 2015 | 12.77% | 22.89% |
| Dec 31, 2014 | 16.12% | 22.90% |
| Dec 31, 2013 | 16.92% | 21.08% |
| Dec 31, 2012 | 17.92% | 17.91% |
| Dec 31, 2011 | 19.33% | 20.75% |
| Dec 31, 2010 | 14.02% | 17.84% |
| Dec 31, 2009 | 9.99% | 11.04% |
| Dec 31, 2008 | 17.86% | 17.55% |
| Dec 31, 2007 | 15.05% | 11.99% |
| Dec 31, 2006 | 15.40% | 17.10% |
| Dec 31, 2005 | 13.79% | 15.27% |
Based on: 10-K (filing date: 2021-02-04), 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), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).
Comparison to Industry (Industrials)
Norfolk Southern Corp., ROE, long-term trends, comparison to industry (industrials)
| Norfolk Southern Corp. | Industrials | |
|---|---|---|
| Dec 31, 2020 | 13.61% | 12.37% |
| Dec 31, 2019 | 17.93% | 23.96% |
| Dec 31, 2018 | 17.35% | 21.95% |
| Dec 31, 2017 | 33.03% | 22.47% |
| Dec 31, 2016 | 13.44% | 23.10% |
| Dec 31, 2015 | 12.77% | 15.37% |
| Dec 31, 2014 | 16.12% | 21.06% |
| Dec 31, 2013 | 16.92% | 17.04% |
| Dec 31, 2012 | 17.92% | 18.91% |
| Dec 31, 2011 | 19.33% | 20.37% |
| Dec 31, 2010 | 14.02% | 17.04% |
| Dec 31, 2009 | 9.99% | 13.68% |
| Dec 31, 2008 | 17.86% | 23.42% |
| Dec 31, 2007 | 15.05% | 20.69% |
| Dec 31, 2006 | 15.40% | 21.34% |
| Dec 31, 2005 | 13.79% | 17.46% |
Based on: 10-K (filing date: 2021-02-04), 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), 10-K (filing date: 2015-02-11), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-15), 10-K (filing date: 2012-02-15), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-17), 10-K (filing date: 2009-02-18), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-22), 10-K (filing date: 2006-02-23).