Norfolk Southern (NSC) Depreciation Expense (2009 - 2026)

Norfolk Southern (NSC) has 18 years of Depreciation Expense data on file, last reported at $352.0 million in Q1 2026.

• Quarterly Depreciation Expense rose 1.73% year-over-year to $352.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 2.72% YoY) and the FY2025 annual result came in at $1.4 billion, up 2.96% from the prior year.
• Depreciation Expense steadied at $352.0 million in Q1 2026 per NSC's latest filing, from $353.0 million in the prior quarter.
• Across five years, Depreciation Expense topped out at $353.0 million in Q4 2025 and bottomed at $302.0 million in Q1 2022.
• The 5-year median for Depreciation Expense is $335.0 million (2024), against an average of $330.4 million.
• The widest annual swing landed in 2023, when Depreciation Expense climbed 6.8%; it then increased 1.73% in 2026.
• Tracing NSC's Depreciation Expense over 5 years: stood at $309.0 million in 2022, then gained by 6.8% to $330.0 million in 2023, then advanced by 3.64% to $342.0 million in 2024, then increased by 3.22% to $353.0 million in 2025, then slipped by 0.28% to $352.0 million in 2026.
• Per Business Quant, the three latest NSC Depreciation Expense figures stand at $352.0 million (Q1 2026), $353.0 million (Q4 2025), and $348.0 million (Q3 2025).

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