Norfolk Southern (NSC) Debt to Equity (2016 - 2025)
Norfolk Southern (NSC) has disclosed Debt to Equity for 17 consecutive years, with $1.1 as the latest value for Q4 2025.
- On a quarterly basis, Debt to Equity fell 8.62% to $1.1 in Q4 2025 year-over-year; TTM through Dec 2025 was $1.1, a 8.62% decrease, with the full-year FY2025 number at $1.1, down 8.62% from a year prior.
- Debt to Equity was $1.1 for Q4 2025 at Norfolk Southern, down from $1.13 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.37 in Q1 2024 to a low of $0.86 in Q1 2021.
- A 5-year average of $1.16 and a median of $1.17 in 2025 define the central range for Debt to Equity.
- Peak YoY movement for Debt to Equity: grew 27.98% in 2022, then fell 13.45% in 2025.
- Norfolk Southern's Debt to Equity stood at $1.01 in 2021, then grew by 16.75% to $1.18 in 2022, then grew by 13.48% to $1.34 in 2023, then decreased by 10.52% to $1.2 in 2024, then dropped by 8.62% to $1.1 in 2025.
- Per Business Quant, the three most recent readings for NSC's Debt to Equity are $1.1 (Q4 2025), $1.13 (Q3 2025), and $1.17 (Q2 2025).