Norfolk Southern (NSC) Capital Expenditures (2009 - 2026)
Norfolk Southern (NSC) reported Capital Expenditures of $382.0 million for Q1 2026, down 14.92% year-over-year from $449.0 million in Q1 2025, and up 125.9% quarter-over-quarter from -$1.5 billion in Q4 2025.
Norfolk Southern (NSC) Capital Expenditures (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has 18 years of Capital Expenditures data on file, last reported at $382.0 million in Q1 2026.
- Capital Expenditures for Q1 2026 came in at $382.0 million, down 14.92% year-over-year; the trailing twelve-month figure through Mar 2026 was -$67.0 million (down 114.89% YoY), and the FY2024 annual result was $1.6 billion, up 7368.18% from the prior year.
- Capital Expenditures climbed to $382.0 million in Q1 2026 per NSC's latest filing, from -$1.5 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.6 billion in Q1 2024 and troughed at -$1.5 billion in Q4 2025.
- A 5-year average of $266.3 million and a median of $448.0 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures slumped 320.57% in 2023, then soared 184.75% in 2025.
- A 5-year view of Capital Expenditures shows it stood at $666.0 million in 2022, then tumbled by 320.57% to -$1.5 billion in 2023, then jumped by 135.26% to $518.0 million in 2024, then tumbled by 384.75% to -$1.5 billion in 2025, then surged by 125.9% to $382.0 million in 2026.
- Business Quant data shows NSC's Capital Expenditures at $382.0 million in Q1 2026, -$1.5 billion in Q4 2025, and $1.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 937.00 Mn |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 543.00 Mn |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 382.00 Mn |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 484.19 Mn |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 46.00 Mn |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 151.00 Mn |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 30.10 Mn |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 2.96 Mn |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | -115,000.00 |
| 10 | FreightCar America | 178.32 Mn | 114.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 382.00 Mn |
| Mar 31, 2026 | 382.00 Mn |
| Dec 31, 2025 | -1.48 Bn |
| Dec 31, 2025 | -1.48 Bn |
| Sep 30, 2025 | 1.48 Bn |
| Sep 30, 2025 | 1.48 Bn |
| Jun 30, 2025 | -449.00 Mn |
| Jun 30, 2025 | -449.00 Mn |
| Mar 31, 2025 | 449.00 Mn |
| Mar 31, 2025 | 449.00 Mn |
| Sep 30, 2024 | 518.00 Mn |
| Sep 30, 2024 | 518.00 Mn |
| Jun 30, 2024 | -517.00 Mn |
| Jun 30, 2024 | -517.00 Mn |
| Mar 31, 2024 | 1.64 Bn |
| Mar 31, 2024 | 1.64 Bn |
| Dec 31, 2023 | -1.47 Bn |
| Dec 31, 2023 | -1.47 Bn |
| Sep 30, 2023 | 543.00 Mn |
| Sep 30, 2023 | 543.00 Mn |