Norfolk Southern(NSC)2025-01-29 13:05Financial Performance - Total railway operating revenues for Q4 2024 were $3,024 million, a decrease of 1.6% from $3,073 million in Q4 2023[2] - Net income for 2024 was $2,622 million, representing a 43.6% increase compared to $1,827 million in 2023[2] - Earnings per share (diluted) increased to $11.57 in 2024, up 44.5% from $8.02 in 2023[2] - Total railway operating expenses decreased to $1,893 million in Q4 2024, down 16.4% from $2,265 million in Q4 2023[2] Cash Flow and Assets - Cash flows from operating activities for 2024 were $4,052 million, an increase of 27.5% from $3,179 million in 2023[6] - Cash and cash equivalents at the end of 2024 were $1,641 million, an increase from $1,568 million at the end of 2023[6] - Total assets increased to $43,682 million at the end of 2024, up from $41,652 million at the end of 2023[4] Restructuring and Incidents - The company recognized $183 million in restructuring and other charges during 2024, with $27 million recognized in Q4 2024[8] - The Eastern Ohio incident resulted in expenses of $325 million in 2024, significantly lower than $1.1 billion in 2023[9] Share Repurchase - The company did not repurchase any shares in 2024, compared to repurchasing 2.8 million shares for $627 million in 2023[12]