Norfolk Southern (NSC) Deferred Taxes (2016 - 2025)

Norfolk Southern (NSC) has disclosed Deferred Taxes for 17 consecutive years, with -$38.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Deferred Taxes fell 208.57% to -$38.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $277.0 million, a 57.39% increase, with the full-year FY2025 number at $277.0 million, up 57.39% from a year prior.
  • Deferred Taxes was -$38.0 million for Q4 2025 at Norfolk Southern, down from $206.0 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $206.0 million in Q3 2025 to a low of -$88.0 million in Q3 2022.
  • A 5-year average of $33.6 million and a median of $41.5 million in 2022 define the central range for Deferred Taxes.
  • Peak YoY movement for Deferred Taxes: crashed 272.55% in 2022, then soared 855.56% in 2024.
  • Norfolk Southern's Deferred Taxes stood at $26.0 million in 2021, then skyrocketed by 130.77% to $60.0 million in 2022, then plummeted by 93.33% to $4.0 million in 2023, then skyrocketed by 775.0% to $35.0 million in 2024, then plummeted by 208.57% to -$38.0 million in 2025.
  • Per Business Quant, the three most recent readings for NSC's Deferred Taxes are -$38.0 million (Q4 2025), $206.0 million (Q3 2025), and $52.0 million (Q2 2025).