| Stage | NSC | % of rev | UNP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.5B | 100.00% | $7.2B | 100.00% | UNP ×2.04 |
| Gross profit | $1.8B | 51.25% | $5.2B | 72.32% | UNP +21.1pp |
| Operating income | $1.1B | 32.61% | $2.9B | 40.89% | UNP +8.3pp |
| Pre-tax income | $987M | 27.99% | $2.7B | 37.88% | UNP +9.9pp |
| Net income | $759M | 21.53% | $2.1B | 28.85% | UNP +7.3pp |
| Stage | NSC | UNP | Gap · A − B |
|---|---|---|---|
| Revenue | $3.5B100.00% | $7.2B100.00% | UNP ×2.04 |
| Gross profit | 51.25%$1.8B | 72.32%$5.2B | UNP +21.1pp |
| Operating income | 32.61%$1.1B | 40.89%$2.9B | UNP +8.3pp |
| Pre-tax income | 27.99%$987M | 37.88%$2.7B | UNP +9.9pp |
| Net income |
| 21.53%$759M |
| 28.85%$2.1B |
| UNP +7.3pp |
No shared counterparties.