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

Norfolk Southern (NSC) has reported Debt Ratio for 18 consecutive years, with 0.37 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Debt Ratio fell 6.37% year-over-year to 0.37 in Q2 2026; TTM through Jun 2026 was 0.37, a 6.37% decrease from a year earlier, with the FY2025 full-year figure at 0.38, down 4.1% from the prior year.
• Debt Ratio was 0.37 for Q2 2026 at Norfolk Southern, down from 0.38 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.43 in Q1 2024 and troughed at 0.37 in Q2 2026.
• A 5-year average of 0.39 and a median of 0.39 in 2022 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio gained 13.39% in 2022 and fell 7.9% in 2025, its largest moves.
• Over 5 years, Debt Ratio stood at 0.39 in 2022, then grew by 5.64% to 0.41 in 2023, then slipped by 4.5% to 0.39 in 2024, then fell by 4.1% to 0.38 in 2025, then slipped by 2.51% to 0.37 in 2026.
• The last three Debt Ratio figures came in at 0.37 (Q2 2026), 0.38 (Q1 2026), and 0.38 (Q4 2025), per Business Quant data.