Growth Metrics

Norfolk Southern (NSC) Debt Ratio (2016 - 2025)

Norfolk Southern (NSC) has disclosed Debt Ratio for 17 consecutive years, with 0.38 as the latest value for Q4 2025.

  • On a quarterly basis, Debt Ratio fell 4.1% to 0.38 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.38, a 4.1% decrease, with the full-year FY2025 number at 0.38, down 4.1% from a year prior.
  • Debt Ratio was 0.38 for Q4 2025 at Norfolk Southern, down from 0.38 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.41 in Q4 2023 to a low of 0.33 in Q1 2021.
  • A 5-year average of 0.38 and a median of 0.38 in 2022 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: increased 13.39% in 2022, then decreased 4.5% in 2024.
  • Norfolk Southern's Debt Ratio stood at 0.36 in 2021, then increased by 7.88% to 0.39 in 2022, then grew by 6.34% to 0.41 in 2023, then decreased by 4.5% to 0.39 in 2024, then decreased by 4.1% to 0.38 in 2025.
  • Per Business Quant, the three most recent readings for NSC's Debt Ratio are 0.38 (Q4 2025), 0.38 (Q3 2025), and 0.39 (Q2 2025).