Norfolk Southern (NSC) Change in Inventory (2009 - 2026)
Norfolk Southern's Change in Inventory came in at $26 million for Q3 2026, compared with -$16 million a year earlier and up 73.3% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Change in Inventory (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Norfolk Southern reported Change in Inventory of $56 million, up 522.2% 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 $15 million (Q2 2026), $41 million (Q1 2026) and -$26 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 66.00 Mn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | - |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | - |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | - |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 26.00 Mn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | - |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | - |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | - |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.00 Mn |
| 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 |
API Access
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_KEYimport 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();