Norfolk Southern (NSC) Change in Inventory (2009 - 2026)
Norfolk Southern (NSC) reported Change in Inventory of $41.0 million for Q1 2026, up 1125.0% year-over-year from $3.3 million in Q1 2025, and up 257.69% on a QoQ basis from -$26.0 million in Q4 2025.
Norfolk Southern (NSC) has 18 years of Change in Inventory data on file, last reported at $41.0 million in Q1 2026.
- Quarterly Change in Inventory rose 1125.0% year-over-year to $41.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $39.0 million (up 1200.0% YoY) and the FY2025 annual result came in at -$6.0 million, down 146.15% from the prior year.
- Change in Inventory rose to $41.0 million in Q1 2026 per NSC's latest filing, from -$26.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $46.0 million in Q1 2022 and bottomed at -$39.0 million in Q4 2023.
- The 5-year median for Change in Inventory is $6.0 million (2024), against an average of $5.5 million.
- The widest annual swing landed in 2025, when Change in Inventory sank 166.67%; it then jumped 1125.0% in 2026.
- Tracing NSC's Change in Inventory over 5 years: stood at -$23.0 million in 2022, then plunged by 69.57% to -$39.0 million in 2023, then surged by 71.79% to -$11.0 million in 2024, then slumped by 136.36% to -$26.0 million in 2025, then soared by 257.69% to $41.0 million in 2026.
- Per Business Quant, the three latest NSC Change in Inventory figures stand at $41.0 million (Q1 2026), -$26.0 million (Q4 2025), and -$16.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 51.00 Mn |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | - |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 41.00 Mn |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | - |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 28.00 Mn |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 14.10 Mn |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | -43.60 Mn |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 8.39 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 | 41.00 Mn |
| Mar 31, 2026 | 41.00 Mn |
| Dec 31, 2025 | -26.00 Mn |
| Dec 31, 2025 | -26.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Jun 30, 2025 | 40.00 Mn |
| Jun 30, 2025 | 40.00 Mn |
| Mar 31, 2025 | -4.00 Mn |
| Mar 31, 2025 | -4.00 Mn |
| Dec 31, 2024 | -11.00 Mn |
| Dec 31, 2024 | -11.00 Mn |
| Sep 30, 2024 | -20.00 Mn |
| Sep 30, 2024 | -20.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Mar 31, 2024 | 6.00 Mn |
| Mar 31, 2024 | 6.00 Mn |
| Dec 31, 2023 | -39.00 Mn |
| Dec 31, 2023 | -39.00 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Jun 30, 2023 | 10.00 Mn |
| Jun 30, 2023 | 10.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | -23.00 Mn |
| Dec 31, 2022 | -23.00 Mn |
| Sep 30, 2022 | -13.00 Mn |
| Sep 30, 2022 | -13.00 Mn |
| Jun 30, 2022 | 25.00 Mn |
| Jun 30, 2022 | 25.00 Mn |
| Mar 31, 2022 | 46.00 Mn |
| Mar 31, 2022 | 46.00 Mn |
| Dec 31, 2021 | -17.00 Mn |
| Dec 31, 2021 | -17.00 Mn |
| Sep 30, 2021 | -11.00 Mn |
| Sep 30, 2021 | -11.00 Mn |
| Jun 30, 2021 | 5.00 Mn |
| Jun 30, 2021 | 5.00 Mn |
| Mar 31, 2021 | 20.00 Mn |
| Mar 31, 2021 | 20.00 Mn |
| Dec 31, 2020 | -26.00 Mn |
| Dec 31, 2020 | -26.00 Mn |
| Sep 30, 2020 | -10.00 Mn |
| Sep 30, 2020 | -10.00 Mn |
| Jun 30, 2020 | -8.00 Mn |
| Jun 30, 2020 | -8.00 Mn |
| Mar 31, 2020 | 21.00 Mn |
| Mar 31, 2020 | 21.00 Mn |
| Dec 31, 2019 | -22.00 Mn |
| Dec 31, 2019 | -22.00 Mn |
| Sep 30, 2019 | 10.00 Mn |
| Sep 30, 2019 | 10.00 Mn |
| Jun 30, 2019 | 28.00 Mn |
| Jun 30, 2019 | 28.00 Mn |
| Mar 31, 2019 | 21.00 Mn |
| Mar 31, 2019 | 21.00 Mn |
| Dec 31, 2018 | -60.00 Mn |
| Dec 31, 2018 | -60.00 Mn |
| Sep 30, 2018 | 7.00 Mn |
| Sep 30, 2018 | 7.00 Mn |
| Jun 30, 2018 | 15.00 Mn |
| Jun 30, 2018 | 15.00 Mn |
| Mar 31, 2018 | 23.00 Mn |
| Mar 31, 2018 | 23.00 Mn |
| Dec 31, 2017 | -23.00 Mn |
| Dec 31, 2017 | -23.00 Mn |
| Sep 30, 2017 | -44.00 Mn |
| Sep 30, 2017 | -44.00 Mn |
| Jun 30, 2017 | 8.00 Mn |
| Jun 30, 2017 | 8.00 Mn |
| Mar 31, 2017 | 24.00 Mn |
| Mar 31, 2017 | 24.00 Mn |
| Dec 31, 2016 | -72.00 Mn |
| Dec 31, 2016 | -72.00 Mn |
| Sep 30, 2016 | -5.00 Mn |
| Sep 30, 2016 | -5.00 Mn |
| Jun 30, 2016 | -9.00 Mn |
| Jun 30, 2016 | -9.00 Mn |
| Mar 31, 2016 | 44.00 Mn |
| Mar 31, 2016 | 44.00 Mn |
| Dec 31, 2015 | -17.00 Mn |
| Dec 31, 2015 | -17.00 Mn |
| Sep 30, 2015 | 11.00 Mn |
| Sep 30, 2015 | 11.00 Mn |
| Jun 30, 2015 | 9.00 Mn |
| Jun 30, 2015 | 9.00 Mn |
| Mar 31, 2015 | 32.00 Mn |
| Mar 31, 2015 | 32.00 Mn |
| Dec 31, 2014 | -13.00 Mn |
| Dec 31, 2014 | -13.00 Mn |
| Sep 30, 2014 | -2.00 Mn |
| Sep 30, 2014 | -2.00 Mn |
| Jun 30, 2014 | 11.00 Mn |
| Jun 30, 2014 | 11.00 Mn |
| Mar 31, 2014 | 17.00 Mn |
| Mar 31, 2014 | 17.00 Mn |
| Dec 31, 2013 | -1.00 Mn |
| Dec 31, 2013 | -1.00 Mn |
| Sep 30, 2013 | -4.00 Mn |
| Sep 30, 2013 | -4.00 Mn |
| Jun 30, 2013 | -18.00 Mn |
| Jun 30, 2013 | -18.00 Mn |
| Mar 31, 2013 | 30.00 Mn |
| Mar 31, 2013 | 30.00 Mn |
| Dec 31, 2012 | -20.00 Mn |
| Dec 31, 2012 | -20.00 Mn |
| Sep 30, 2012 | -6.00 Mn |
| Sep 30, 2012 | -6.00 Mn |
| Jun 30, 2012 | 14.00 Mn |
| Jun 30, 2012 | 14.00 Mn |
| Mar 31, 2012 | 19.00 Mn |
| Mar 31, 2012 | 19.00 Mn |
| Dec 31, 2011 | -3.00 Mn |
| Dec 31, 2011 | -3.00 Mn |
| Sep 30, 2011 | 11.00 Mn |
| Sep 30, 2011 | 11.00 Mn |
| Jun 30, 2011 | 11.00 Mn |
| Jun 30, 2011 | 11.00 Mn |
| Mar 31, 2011 | 21.00 Mn |
| Mar 31, 2011 | 21.00 Mn |
| Dec 31, 2010 | -10.00 Mn |
| Dec 31, 2010 | -10.00 Mn |
| Jun 30, 2010 | -1.00 Mn |
| Jun 30, 2010 | -1.00 Mn |
| Mar 31, 2010 | 16.00 Mn |
| Mar 31, 2010 | 16.00 Mn |
| Dec 31, 2009 | -52.00 Mn |
| Dec 31, 2009 | -52.00 Mn |
| Sep 30, 2009 | 16.00 Mn |
| Sep 30, 2009 | 16.00 Mn |
| Jun 30, 2009 | 3.00 Mn |
| Jun 30, 2009 | 3.00 Mn |
| Mar 31, 2009 | 3.00 Mn |
| Mar 31, 2009 | 3.00 Mn |