Norfolk Southern (NSC) Equity Ratio (2009 - 2026)

Norfolk Southern (NSC) reported Equity Ratio of 0.35 for Q1 2026, up 5.74% year-over-year from 0.33 in Q1 2025, and up 1.93% quarter-over-quarter from 0.34 in Q4 2025.

Norfolk Southern (NSC) Equity Ratio (2009 - 2026) Analysis & Trends

Norfolk Southern (NSC) has 18 years of Equity Ratio data on file, last reported at 0.35 in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.35, up 5.74% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.35 (up 5.74% YoY), and the FY2025 annual result was 0.34, up 4.94% from the prior year.
  • Equity Ratio rose to 0.35 in Q1 2026 per NSC's latest filing, from 0.34 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.35 in Q1 2026 and troughed at 0.3 in Q1 2024.
  • A 5-year average of 0.33 and a median of 0.33 in 2024 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio fell 11.4% in 2022, then rose 11.34% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.33 in 2022, then fell by 6.29% to 0.31 in 2023, then climbed by 6.73% to 0.33 in 2024, then rose by 4.94% to 0.34 in 2025, then advanced by 1.93% to 0.35 in 2026.
  • Business Quant data shows NSC's Equity Ratio at 0.35 in Q1 2026, 0.34 in Q4 2025, and 0.34 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 0.28
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 0.31
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 0.35
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 0.53
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 0.48
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 0.14
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 0.40
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn 0.52
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 0.90
10 FreightCar America 178.32 Mn 114.02 Mn - -0.37

Historic Data

Download Data
DateValue
Mar 31, 2026 0.35
Dec 31, 2025 0.34
Sep 30, 2025 0.34
Jun 30, 2025 0.33
Mar 31, 2025 0.33
Dec 31, 2024 0.33
Sep 30, 2024 0.32
Jun 30, 2024 0.30
Mar 31, 2024 0.30
Dec 31, 2023 0.31
Sep 30, 2023 0.31
Jun 30, 2023 0.32
Mar 31, 2023 0.32
Dec 31, 2022 0.33
Sep 30, 2022 0.33
Jun 30, 2022 0.33
Mar 31, 2022 0.34
Dec 31, 2021 0.35
Sep 30, 2021 0.36
Jun 30, 2021 0.37