Norfolk Southern (NSC) Ending Cash Balance (2009 - 2026)
Norfolk Southern's Ending Cash Balance came in at $1.6 billion for Q3 2026, up 12.7% from $1.42 billion a year earlier and up 49.5% from the prior quarter.
Norfolk Southern (NSC) Ending Cash Balance (2009 - 2026) Analysis & Trends
For FY2025, Norfolk Southern's Ending Cash Balance was $1.53 billion, down 6.8% from FY2024.
- Ending Cash Balance carries a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- Going back by year, Ending Cash Balance was $1.64 billion in FY2024 (+4.7%), $1.57 billion in FY2023 (+243.9%), $456 million in FY2022 (-45.6%) and $839 million in FY2021 (-24.8%).
- The Q3 2026 figure represents the highest quarterly Ending Cash Balance since Q4 2024.
- Year-over-year, Ending Cash Balance increased in six of the last eight quarters, with growth averaging 27.9%.
- The fastest year-over-year change in Ending Cash Balance over five years came in Q4 2023 (growth of 243.9%), and the weakest in Q1 2023 (a decline of 64.9%).
- Business Quant data shows NSC's Ending Cash Balance at $1.07 billion (Q2 2026), $1.34 billion (Q1 2026) and $1.53 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 2.22 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 6.84 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.22 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 281.16 Mn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 13.31 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.60 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 3.88 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 6.79 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 466.22 Mn |
| 10 | Ryanair Holdings | 31.32 Bn | 15.58 Bn | - | 2.86 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.60 Bn |
| Jun 30, 2026 | 1.07 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.53 Bn |
| Sep 30, 2025 | 1.42 Bn |
| Jun 30, 2025 | 1.30 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 975.00 Mn |
| Jun 30, 2024 | 659.00 Mn |
| Mar 31, 2024 | 652.00 Mn |
| Dec 31, 2023 | 1.57 Bn |
| Sep 30, 2023 | 1.51 Bn |
| Jun 30, 2023 | 556.00 Mn |
| Mar 31, 2023 | 552.00 Mn |
| Dec 31, 2022 | 456.00 Mn |
| Sep 30, 2022 | 1.21 Bn |
| Jun 30, 2022 | 1.26 Bn |
| Mar 31, 2022 | 1.57 Bn |
| Dec 31, 2021 | 839.00 Mn |
Norfolk Southern Ending Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ending-cash-balance&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "ticker": "NSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ending-cash-balance&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();