Norfolk Southern has incurred $803 million in costs resulting from the February 3rd derailment of one if it's trains carrying toxic chemicals in East Palestine.

The expenses are recorded on the company's Q1 and Q2 2023 earnings reports provided to investors under federal law. According to the reports, the company faced $387 million in costs in Q1 and $416 million in costs in Q2 resulting from the derailment, resulting in per-share losses of $1.28 and $1.39 respectively.

However, these were not the only costs associated with the derailment. In the earnings call, Norfolk Southern CFO Mark George said the company suffered between $175 and $200 billion in lost business resulting from the derailment as clients used trucks or other rail companies while Norfolk Southern worked to restore its services.

Including these missed contracts in the bill for the derailment pushes the cost for the derailment to around a billion dollars for Norfolk Southern.

Despite the heavy costs, Norfolk Southern's financials remain strong, and stocks are only down about 5% since the derailment.

Norfolk Southern also says it is working to recoup some of these costs. 21 News has produced an in-depth report on claims levied by Norfolk Southern that other companies, who owned and shipped several rail cars on the ill-fated train, also bear some responsibility for the incident and subsequent cleanup.

Should Norfolk Southern prevail in this lawsuit, they may be able to recoup some of the costs they've incurred from the derailment.

The earnings calls also say that the amounts don't include any money they may be able to recoup through their insurance plans, and any funds they expect to recoup through these plans will be reflected in their financial statements when their "recovery is considered probable."