Norfolk Southern (NSC) Deferred Taxes (2009 - 2026)
Norfolk Southern (NSC) posted quarterly Deferred Taxes of $60.0 million for Q2 2026, up 15.38% year-over-year from $52.0 million in Q2 2025, and up 25.0% quarter-over-quarter from $48.0 million in Q1 2026.
Norfolk Southern (NSC) Deferred Taxes (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported Deferred Taxes for 18 consecutive years, with $60.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Deferred Taxes rose 15.38% year-over-year to $60.0 million; the TTM figure through Jun 2026 stood at $276.0 million (down 1.43% YoY), while the FY2025 annual figure was $277.0 million, up 57.39% from the prior year.
- Deferred Taxes rose to $60.0 million in Q2 2026 per NSC's latest filing, from $48.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $206.0 million in Q3 2025 and bottomed at -$88.0 million in Q3 2022.
- Historically, Deferred Taxes has averaged $33.1 million across 5 years, with a median of $41.5 million in 2022.
- Annual changes were most pronounced in 2022 — Deferred Taxes slumped 272.55% — and 2024, when it soared 855.56%.
- Norfolk Southern's Deferred Taxes stood at $60.0 million in 2022, then plunged by 93.33% to $4.0 million in 2023, then jumped by 775.0% to $35.0 million in 2024, then slumped by 208.57% to -$38.0 million in 2025, then jumped by 257.89% to $60.0 million in 2026.
- Business Quant data shows NSC's Deferred Taxes at $60.0 million in Q2 2026, $48.0 million in Q1 2026, and -$38.0 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 182.58 Bn | 180.47 Bn | 6.50 Bn | 39.00 Mn |
| 2 | Csx | 95.72 Bn | 94.33 Bn | 3.29 Bn | 33.00 Mn |
| 3 | Canadian Pacific Kansas City | 85.71 Bn | 85.44 Bn | 2.92 Bn | 39.04 Mn |
| 4 | Canadian National Railway | 79.38 Bn | 79.38 Bn | - | - |
| 5 | Norfolk Southern | 78.72 Bn | 77.65 Bn | - | 60.00 Mn |
| 6 | Westinghouse Air Brake Technologies | 50.38 Bn | 49.71 Bn | 1.16 Bn | - |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 29.00 Mn |
| 8 | Greenbrier Companies | 1.43 Bn | 1.15 Bn | 81.10 Mn | -8.40 Mn |
| 9 | Foster L B | 392.93 Mn | 387.15 Mn | 30.87 Mn | 1.73 Mn |
| 10 | FreightCar America | 235.01 Mn | 170.72 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.00 Mn |
| Mar 31, 2026 | 48.00 Mn |
| Dec 31, 2025 | -38.00 Mn |
| Sep 30, 2025 | 206.00 Mn |
| Jun 30, 2025 | 52.00 Mn |
| Mar 31, 2025 | 57.00 Mn |
| Dec 31, 2024 | 35.00 Mn |
| Sep 30, 2024 | 136.00 Mn |
| Jun 30, 2024 | 31.00 Mn |
| Mar 31, 2024 | -26.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | -18.00 Mn |
| Jun 30, 2023 | -20.00 Mn |
| Mar 31, 2023 | -15.00 Mn |
| Dec 31, 2022 | 60.00 Mn |
| Sep 30, 2022 | -88.00 Mn |
| Jun 30, 2022 | 63.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Sep 30, 2021 | 51.00 Mn |