Norfolk Southern (NSC) Change in Inventory (2009 - 2026)
Norfolk Southern's Change in Inventory came in at $15 million for Q2 2026, down 62.5% from $40 million a year earlier and down 63.4% from the prior quarter.
Norfolk Southern (NSC) Change in Inventory (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Norfolk Southern reported Change in Inventory of $14 million, up 180.0% year-over-year; for FY2025, it was -$6 million.
- Going back by year, Change in Inventory was $13 million in FY2024 (+18.2%), $11 million in FY2023 (-68.6%), $35 million in FY2022 and -$3 million in FY2021.
- The five-year range for quarterly Change in Inventory is -$39 million (Q4 2023) to $46 million (Q1 2022).
- The fastest year-over-year change in Change in Inventory over five years came in Q2 2022 (growth of 400.0%), and the weakest in Q1 2023 (a decline of 80.4%).
- Business Quant data shows NSC's Change in Inventory at $41 million (Q1 2026), -$26 million (Q4 2025) and -$16 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 81.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 15.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 232,472.37 |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 2.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.00 Mn |
| Mar 31, 2026 | 41.00 Mn |
| Dec 31, 2025 | -26.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Jun 30, 2025 | 40.00 Mn |
| Mar 31, 2025 | -4.00 Mn |
| Dec 31, 2024 | -11.00 Mn |
| Sep 30, 2024 | -20.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Mar 31, 2024 | 6.00 Mn |
| Dec 31, 2023 | -39.00 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Jun 30, 2023 | 10.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | -23.00 Mn |
| Sep 30, 2022 | -13.00 Mn |
| Jun 30, 2022 | 25.00 Mn |
| Mar 31, 2022 | 46.00 Mn |
| Dec 31, 2021 | -17.00 Mn |
| Sep 30, 2021 | -11.00 Mn |
Norfolk Southern Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "NSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();