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| 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 |
| 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 |