Growth Metrics

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% on a QoQ basis from -$1.5 billion in Q4 2025.

Norfolk Southern (NSC) has 18 years of Capital Expenditures data on file, last reported at $382.0 million in Q1 2026.

  • Quarterly Capital Expenditures fell 14.92% year-over-year to $382.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$67.0 million (down 114.89% YoY) and the FY2024 annual result came in at $1.6 billion, up 7368.18% from the prior year.
  • Capital Expenditures improved to $382.0 million in Q1 2026 per NSC's latest filing, from -$1.5 billion in the prior quarter.
  • Across five years, Capital Expenditures topped out at $1.6 billion in Q1 2024 and bottomed at -$1.5 billion in Q4 2025.
  • The 5-year median for Capital Expenditures is $448.0 million (2022), against an average of $266.3 million.
  • The widest annual swing landed in 2023, when Capital Expenditures plunged 320.57%; it then jumped 184.75% in 2025.
  • Tracing NSC's Capital Expenditures over 5 years: stood at $666.0 million in 2022, then sank by 320.57% to -$1.5 billion in 2023, then surged by 135.26% to $518.0 million in 2024, then sank by 384.75% to -$1.5 billion in 2025, then soared by 125.9% to $382.0 million in 2026.
  • Per Business Quant, the three latest NSC Capital Expenditures figures stand at $382.0 million (Q1 2026), -$1.5 billion (Q4 2025), and $1.5 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Union Pacific 155.75 Bn 154.71 Bn 5.85 Bn 937.00 Mn
2 Csx 84.18 Bn 83.08 Bn 3.18 Bn 543.00 Mn
3 Norfolk Southern 68.46 Bn 67.12 Bn 2.74 Bn 382.00 Mn
4 Canadian Pacific Kansas City 58.41 Bn 58.81 Bn 2.36 Bn 484.19 Mn
5 Westinghouse Air Brake Technologies 44.40 Bn 43.91 Bn 1.06 Bn 46.00 Mn
6 Trinity Industries 2.59 Bn 2.65 Bn 128.90 Mn 151.00 Mn
7 Greenbrier Companies 1.46 Bn 968.55 Mn 69.50 Mn 30.10 Mn
8 Foster L B 419.50 Mn 416.39 Mn 25.70 Mn 2.96 Mn
9 FreightCar America 145.10 Mn 80.80 Mn - -
10 Swvl Holdings 18.35 Mn 13.93 Mn - -

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2023 948.00 Mn
Jun 30, 2023 948.00 Mn
Dec 31, 2022 666.00 Mn
Dec 31, 2022 666.00 Mn
Sep 30, 2022 445.00 Mn
Sep 30, 2022 445.00 Mn
Jun 30, 2022 448.00 Mn
Jun 30, 2022 448.00 Mn
Mar 31, 2022 389.00 Mn
Mar 31, 2022 389.00 Mn
Dec 31, 2021 445.00 Mn
Dec 31, 2021 445.00 Mn
Sep 30, 2021 398.00 Mn
Sep 30, 2021 398.00 Mn
Jun 30, 2021 362.00 Mn
Jun 30, 2021 362.00 Mn
Mar 31, 2021 265.00 Mn
Mar 31, 2021 265.00 Mn
Dec 31, 2020 441.00 Mn
Dec 31, 2020 441.00 Mn
Sep 30, 2020 318.00 Mn
Sep 30, 2020 318.00 Mn
Jun 30, 2020 369.00 Mn
Jun 30, 2020 369.00 Mn
Mar 31, 2020 366.00 Mn
Mar 31, 2020 366.00 Mn
Dec 31, 2019 525.00 Mn
Dec 31, 2019 525.00 Mn
Sep 30, 2019 515.00 Mn
Sep 30, 2019 515.00 Mn
Jun 30, 2019 512.00 Mn
Jun 30, 2019 512.00 Mn
Mar 31, 2019 467.00 Mn
Mar 31, 2019 467.00 Mn
Dec 31, 2018 625.00 Mn
Dec 31, 2018 625.00 Mn
Sep 30, 2018 490.00 Mn
Sep 30, 2018 490.00 Mn
Jun 30, 2018 453.00 Mn
Jun 30, 2018 453.00 Mn
Mar 31, 2018 383.00 Mn
Mar 31, 2018 383.00 Mn
Dec 31, 2017 408.00 Mn
Dec 31, 2017 408.00 Mn
Sep 30, 2017 432.00 Mn
Sep 30, 2017 432.00 Mn
Jun 30, 2017 445.00 Mn
Jun 30, 2017 445.00 Mn
Mar 31, 2017 438.00 Mn
Mar 31, 2017 438.00 Mn
Dec 31, 2016 583.00 Mn
Dec 31, 2016 583.00 Mn
Sep 30, 2016 372.00 Mn
Sep 30, 2016 372.00 Mn
Jun 30, 2016 534.00 Mn
Jun 30, 2016 534.00 Mn
Mar 31, 2016 398.00 Mn
Mar 31, 2016 398.00 Mn
Dec 31, 2015 608.00 Mn
Dec 31, 2015 608.00 Mn
Sep 30, 2015 891.00 Mn
Sep 30, 2015 891.00 Mn
Jun 30, 2015 494.00 Mn
Jun 30, 2015 494.00 Mn
Mar 31, 2015 392.00 Mn
Mar 31, 2015 392.00 Mn
Dec 31, 2014 739.00 Mn
Dec 31, 2014 739.00 Mn
Sep 30, 2014 570.00 Mn
Sep 30, 2014 570.00 Mn
Jun 30, 2014 428.00 Mn
Jun 30, 2014 428.00 Mn
Mar 31, 2014 381.00 Mn
Mar 31, 2014 381.00 Mn
Dec 31, 2013 501.00 Mn
Dec 31, 2013 501.00 Mn
Sep 30, 2013 586.00 Mn
Sep 30, 2013 586.00 Mn
Jun 30, 2013 505.00 Mn
Jun 30, 2013 505.00 Mn
Mar 31, 2013 379.00 Mn
Mar 31, 2013 379.00 Mn
Dec 31, 2012 719.00 Mn
Dec 31, 2012 719.00 Mn
Sep 30, 2012 554.00 Mn
Sep 30, 2012 554.00 Mn
Jun 30, 2012 507.00 Mn
Jun 30, 2012 507.00 Mn
Mar 31, 2012 461.00 Mn
Mar 31, 2012 461.00 Mn
Dec 31, 2011 727.00 Mn
Dec 31, 2011 727.00 Mn
Sep 30, 2011 545.00 Mn
Sep 30, 2011 545.00 Mn
Jun 30, 2011 465.00 Mn
Jun 30, 2011 465.00 Mn
Mar 31, 2011 423.00 Mn
Mar 31, 2011 423.00 Mn
Dec 31, 2010 563.00 Mn
Dec 31, 2010 563.00 Mn
Sep 30, 2010 338.00 Mn
Sep 30, 2010 338.00 Mn
Jun 30, 2010 313.00 Mn
Jun 30, 2010 313.00 Mn
Mar 31, 2010 256.00 Mn
Mar 31, 2010 256.00 Mn
Dec 31, 2009 380.00 Mn
Dec 31, 2009 380.00 Mn
Sep 30, 2009 353.00 Mn
Sep 30, 2009 353.00 Mn
Jun 30, 2009 323.00 Mn
Jun 30, 2009 323.00 Mn
Mar 31, 2009 243.00 Mn
Mar 31, 2009 243.00 Mn