Norfolk Southern Corporation

Industrials · Railroads

317.40$ +2.3% vs. previous close Closing price · As of: Oct 2, 2026

Statements

Balance Sheet

Norfolk Southern Corporation (NSC) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Total Assets" came in at 45,236 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size %

Last 12 Full history

Download as CSV

All figures in millions of USD.

Tick rows to compare them in a chart (up to 4)

Balance Sheet NSC
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Assets	11,416	17,350	18,180	19,250	18,976	19,418	19,956	20,596	24,750	25,861	26,028	26,144	26,297	27,369	28,199	28,538	30,342	32,483	33,241	34,260	34,892	35,711	36,239	37,923	37,962	38,493	38,885	41,652	43,682	45,236
Current Assets	1,457	1,103	913	1,371	849	1,047	1,299	1,425	1,967	2,650	2,400	1,675	1,999	2,246	2,471	1,751	2,242	3,075	2,778	2,633	2,291	2,149	1,862	2,081	2,318	2,167	2,007	3,271	3,188	3,198
Cash	209	34	5.0	37	–	204	184	284	579	289	527	206	618	996	827	276	653	1,443	973	1,101	956	690	358	580	1,115	839	456	1,568	1,641	1,530
Cash & Short-Term Investments	403	159	63	51	2.0	204	184	284	669	1,257	918	206	618	1,086	1,110	301	668	1,561	973	1,101	956	690	358	580	1,115	839	456	1,568	1,641	1,530
Receivables	558	552	519	857	411	475	683	695	767	931	992	942	870	766	807	1,022	1,109	1,024	1,055	946	945	955	1,009	920	848	976	1,148	1,147	1,069	988
Inventory	63	58	59	100	91	90	97	92	104	132	151	176	194	164	169	209	216	223	236	271	257	222	207	244	221	218	253	264	277	271
Property, Plant & Equipment	–	–	–	–	11,105	11,208	11,370	11,779	20,526	20,705	21,098	21,583	22,247	22,643	23,231	24,469	25,736	26,645	27,694	28,992	29,751	30,330	31,091	31,614	31,345	31,653	32,156	33,716	36,102	36,697
Goodwill	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–
Intangible Assets	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	-282	-316	-349	-421	-329	-366	-380	-388	-399	–	–	–	–	–
Total Liabilities	6,389	11,856	12,210	13,268	13,102	13,283	13,411	13,611	16,760	16,572	16,413	16,417	16,700	17,016	17,530	18,627	20,582	21,194	20,833	22,072	22,483	19,352	20,877	22,739	23,171	24,852	26,152	28,871	29,376	29,689
Current Liabilities	1,190	1,093	1,117	1,924	1,887	2,386	1,853	1,801	2,201	1,921	2,093	1,948	2,105	1,789	2,082	1,701	2,081	2,305	1,780	2,231	2,339	2,545	2,591	2,300	2,160	2,521	2,649	2,632	3,545	3,775
Short-Term Debt	100	88	141	503	297	605	358	360	662	314	491	369	484	474	458	150	250	545	102	700	650	700	585	413	668	635	797	109	636	607
Accounts Payable	594	624	600	818	925	848	908	948	1,012	1,163	1,181	1,139	1,140	974	1,181	499	777	685	748	602	650	822	828	710	552	850	712	997	985	1,863
Long-Term Debt	–	–	–	–	7,339	7,027	7,519	7,516	6,863	6,749	6,242	6,132	6,316	6,812	6,700	7,523	8,565	9,036	9,204	9,393	9,562	9,136	10,560	11,880	12,102	13,287	14,479	17,175	16,651	16,480
Shareholders' Equity	4,978	5,445	5,921	5,932	5,824	6,090	6,500	6,976	7,990	9,289	9,615	9,727	9,597	10,353	10,669	9,911	9,760	11,289	12,408	12,188	12,409	16,359	15,362	15,184	14,791	13,641	12,733	12,781	14,306	15,547
Retained Earnings	4,404	4,826	5,252	5,187	5,053	5,335	5,694	6,112	6,893	7,980	8,283	8,280	8,501	9,027	9,224	8,693	8,643	9,339	10,348	10,191	10,425	14,176	13,440	13,207	12,883	11,586	10,697	10,695	12,093	13,235
Shares Outstanding	383	379	380	379	382	387	390	391	400	412	415	398	380	372	372	351	325	316	313	304	296	290	280	266	257	248	236	227	226	225

Data as of: October 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

Was this page helpful to you?

Balance Sheet

Cookie settings