Stock Analysis on Net

Norfolk Southern Corp. (NYSE:NSC)

この会社は アーカイブに移されました! 財務データは2022年4月27日以降更新されていません。

デュポン分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROEを2つのコンポーネントに分解

Norfolk Southern Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2022/03/31 22.55% = 7.71% × 2.92
2021/12/31 22.03% = 7.81% × 2.82
2021/09/30 21.00% = 7.55% × 2.78
2021/06/30 19.08% = 7.05% × 2.71
2021/03/31 15.74% = 6.08% × 2.59
2020/12/31 13.61% = 5.30% × 2.57
2020/09/30 13.44% = 5.26% × 2.56
2020/06/30 14.10% = 5.52% × 2.55
2020/03/31 16.30% = 6.48% × 2.52
2019/12/31 17.93% = 7.18% × 2.50
2019/09/30 18.10% = 7.35% × 2.46
2019/06/30 18.31% = 7.54% × 2.43
2019/03/31 18.20% = 7.53% × 2.42
2018/12/31 17.35% = 7.36% × 2.36
2018/09/30 38.32% = 16.33% × 2.35
2018/06/30 34.64% = 16.03% × 2.16
2018/03/31 33.64% = 15.27% × 2.20
2017/12/31 33.03% = 15.13% × 2.18
2017/09/30 = × 2.76
2017/06/30 = × 2.76
2017/03/31 = × 2.81

レポートに基づく: 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).

2022年第1 四半期に株主資本利益率(ROE)が上昇した主な理由は、財務レバレッジ比率の上昇です。


ROEを3つの要素に分解

Norfolk Southern Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2022/03/31 22.55% = 26.58% × 0.29 × 2.92
2021/12/31 22.03% = 26.97% × 0.29 × 2.82
2021/09/30 21.00% = 26.84% × 0.28 × 2.78
2021/06/30 19.08% = 25.98% × 0.27 × 2.71
2021/03/31 15.74% = 23.51% × 0.26 × 2.59
2020/12/31 13.61% = 20.56% × 0.26 × 2.57
2020/09/30 13.44% = 20.27% × 0.26 × 2.56
2020/06/30 14.10% = 20.47% × 0.27 × 2.55
2020/03/31 16.30% = 21.89% × 0.30 × 2.52
2019/12/31 17.93% = 24.10% × 0.30 × 2.50
2019/09/30 18.10% = 23.98% × 0.31 × 2.46
2019/06/30 18.31% = 24.15% × 0.31 × 2.43
2019/03/31 18.20% = 24.10% × 0.31 × 2.42
2018/12/31 17.35% = 23.27% × 0.32 × 2.36
2018/09/30 38.32% = 52.82% × 0.31 × 2.35
2018/06/30 34.64% = 52.36% × 0.31 × 2.16
2018/03/31 33.64% = 51.65% × 0.30 × 2.20
2017/12/31 33.03% = 51.22% × 0.30 × 2.18
2017/09/30 = × × 2.76
2017/06/30 = × × 2.76
2017/03/31 = × × 2.81

レポートに基づく: 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).

2022年第1 四半期に株主資本利益率(ROE)が上昇した主な理由は、財務レバレッジ比率の上昇です。


ROEを5つの要素に分解

Norfolk Southern Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2022/03/31 22.55% = 0.77 × 0.86 × 40.13% × 0.29 × 2.92
2021/12/31 22.03% = 0.77 × 0.86 × 40.60% × 0.29 × 2.82
2021/09/30 21.00% = 0.78 × 0.85 × 40.51% × 0.28 × 2.78
2021/06/30 19.08% = 0.78 × 0.85 × 39.27% × 0.27 × 2.71
2021/03/31 15.74% = 0.78 × 0.83 × 36.59% × 0.26 × 2.59
2020/12/31 13.61% = 0.80 × 0.80 × 32.23% × 0.26 × 2.57
2020/09/30 13.44% = 0.81 × 0.80 × 31.37% × 0.26 × 2.56
2020/06/30 14.10% = 0.80 × 0.81 × 31.71% × 0.27 × 2.55
2020/03/31 16.30% = 0.79 × 0.83 × 33.16% × 0.30 × 2.52
2019/12/31 17.93% = 0.78 × 0.85 × 36.25% × 0.30 × 2.50
2019/09/30 18.10% = 0.77 × 0.86 × 36.45% × 0.31 × 2.46
2019/06/30 18.31% = 0.77 × 0.86 × 36.40% × 0.31 × 2.43
2019/03/31 18.20% = 0.77 × 0.86 × 36.21% × 0.31 × 2.42
2018/12/31 17.35% = 0.77 × 0.86 × 35.14% × 0.32 × 2.36
2018/09/30 38.32% = 1.73 × 0.86 × 35.39% × 0.31 × 2.35
2018/06/30 34.64% = 1.73 × 0.86 × 35.23% × 0.31 × 2.16
2018/03/31 33.64% = 1.74 × 0.85 × 34.83% × 0.30 × 2.20
2017/12/31 33.03% = 1.73 × 0.85 × 34.86% × 0.30 × 2.18
2017/09/30 = × × × × 2.76
2017/06/30 = × × × × 2.76
2017/03/31 = × × × × 2.81

レポートに基づく: 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).

2022年第1 四半期に株主資本利益率(ROE)が上昇した主な理由は、財務レバレッジ比率の上昇です。


ROAを2つのコンポーネントに分解

Norfolk Southern Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2022/03/31 7.71% = 26.58% × 0.29
2021/12/31 7.81% = 26.97% × 0.29
2021/09/30 7.55% = 26.84% × 0.28
2021/06/30 7.05% = 25.98% × 0.27
2021/03/31 6.08% = 23.51% × 0.26
2020/12/31 5.30% = 20.56% × 0.26
2020/09/30 5.26% = 20.27% × 0.26
2020/06/30 5.52% = 20.47% × 0.27
2020/03/31 6.48% = 21.89% × 0.30
2019/12/31 7.18% = 24.10% × 0.30
2019/09/30 7.35% = 23.98% × 0.31
2019/06/30 7.54% = 24.15% × 0.31
2019/03/31 7.53% = 24.10% × 0.31
2018/12/31 7.36% = 23.27% × 0.32
2018/09/30 16.33% = 52.82% × 0.31
2018/06/30 16.03% = 52.36% × 0.31
2018/03/31 15.27% = 51.65% × 0.30
2017/12/31 15.13% = 51.22% × 0.30
2017/09/30 = ×
2017/06/30 = ×
2017/03/31 = ×

レポートに基づく: 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).

2022年第1 四半期の総資産利益率(ROA)の低下の主な理由は、純利益率で測定した収益性の低下です。


ROAを4つの要素に分解

Norfolk Southern Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2022/03/31 7.71% = 0.77 × 0.86 × 40.13% × 0.29
2021/12/31 7.81% = 0.77 × 0.86 × 40.60% × 0.29
2021/09/30 7.55% = 0.78 × 0.85 × 40.51% × 0.28
2021/06/30 7.05% = 0.78 × 0.85 × 39.27% × 0.27
2021/03/31 6.08% = 0.78 × 0.83 × 36.59% × 0.26
2020/12/31 5.30% = 0.80 × 0.80 × 32.23% × 0.26
2020/09/30 5.26% = 0.81 × 0.80 × 31.37% × 0.26
2020/06/30 5.52% = 0.80 × 0.81 × 31.71% × 0.27
2020/03/31 6.48% = 0.79 × 0.83 × 33.16% × 0.30
2019/12/31 7.18% = 0.78 × 0.85 × 36.25% × 0.30
2019/09/30 7.35% = 0.77 × 0.86 × 36.45% × 0.31
2019/06/30 7.54% = 0.77 × 0.86 × 36.40% × 0.31
2019/03/31 7.53% = 0.77 × 0.86 × 36.21% × 0.31
2018/12/31 7.36% = 0.77 × 0.86 × 35.14% × 0.32
2018/09/30 16.33% = 1.73 × 0.86 × 35.39% × 0.31
2018/06/30 16.03% = 1.73 × 0.86 × 35.23% × 0.31
2018/03/31 15.27% = 1.74 × 0.85 × 34.83% × 0.30
2017/12/31 15.13% = 1.73 × 0.85 × 34.86% × 0.30
2017/09/30 = × × ×
2017/06/30 = × × ×
2017/03/31 = × × ×

レポートに基づく: 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).

2022年第1 四半期の総資産利益率(ROA)の低下の主な理由は、EBITマージン率で測定した営業収益性の低下です。


純利益率の分解

Norfolk Southern Corp.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2022/03/31 26.58% = 0.77 × 0.86 × 40.13%
2021/12/31 26.97% = 0.77 × 0.86 × 40.60%
2021/09/30 26.84% = 0.78 × 0.85 × 40.51%
2021/06/30 25.98% = 0.78 × 0.85 × 39.27%
2021/03/31 23.51% = 0.78 × 0.83 × 36.59%
2020/12/31 20.56% = 0.80 × 0.80 × 32.23%
2020/09/30 20.27% = 0.81 × 0.80 × 31.37%
2020/06/30 20.47% = 0.80 × 0.81 × 31.71%
2020/03/31 21.89% = 0.79 × 0.83 × 33.16%
2019/12/31 24.10% = 0.78 × 0.85 × 36.25%
2019/09/30 23.98% = 0.77 × 0.86 × 36.45%
2019/06/30 24.15% = 0.77 × 0.86 × 36.40%
2019/03/31 24.10% = 0.77 × 0.86 × 36.21%
2018/12/31 23.27% = 0.77 × 0.86 × 35.14%
2018/09/30 52.82% = 1.73 × 0.86 × 35.39%
2018/06/30 52.36% = 1.73 × 0.86 × 35.23%
2018/03/31 51.65% = 1.74 × 0.85 × 34.83%
2017/12/31 51.22% = 1.73 × 0.85 × 34.86%
2017/09/30 = × ×
2017/06/30 = × ×
2017/03/31 = × ×

レポートに基づく: 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).

2022年第1 四半期の純利益率の低下の主な理由は、EBIT利益率で測定した営業収益性の低下です。