Norfolk Southern (NSC) Debt Ratio (2009 - 2026)

Norfolk Southern (NSC) has 18 years of Debt Ratio data on file, last reported at 0.38 in Q1 2026.

• Debt Ratio for Q1 2026 came in at 0.38, down 3.55% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.38 (down 3.55% YoY), and the FY2025 annual result was 0.38, down 4.1% from the prior year.
• Debt Ratio was little changed at 0.38 in Q1 2026 per NSC's latest filing, from 0.38 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.41 in Q4 2023 and troughed at 0.37 in Q1 2023.
• A 5-year average of 0.39 and a median of 0.38 in 2022 frame the typical range for Debt Ratio.
• The sharpest annual moves came in 2022 and 2024: Debt Ratio advanced 13.39% in 2022, then decreased 4.5% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.37 in 2022, then increased by 10.01% to 0.41 in 2023, then dropped by 4.5% to 0.39 in 2024, then retreated by 4.1% to 0.38 in 2025, then grew by 0.35% to 0.38 in 2026.
• Business Quant data shows NSC's Debt Ratio at 0.38 in Q1 2026, 0.38 in Q4 2025, and 0.38 in Q3 2025.