Norfolk Southern Corporation(NSC) 2023 and Q1 2024 Financial Analysis, and Stock Valuation

Asset Structure Analysis Norfolk Southern Corporation’s total assets were $41.7 billion and $38.9 billion at December 31, 2023 and December 31, 2022, respectively. Property, net was $33.3 billion at December 31, 2023, accounting for 80% of total assets. Investments were $3.8 billion at December 31, 2023, consisting of 9.1% of total assets. Total current assets…