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% on a QoQ basis from 0.34 in Q4 2025.
Norfolk Southern (NSC) has 18 years of Equity Ratio data on file, last reported at 0.35 in Q1 2026.
- Quarterly Equity Ratio rose 5.74% year-over-year to 0.35 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.35 (up 5.74% YoY) and the FY2025 annual result came in at 0.34, up 4.94% from the prior year.
- Equity Ratio grew to 0.35 in Q1 2026 per NSC's latest filing, from 0.34 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.35 in Q1 2026 and bottomed at 0.3 in Q1 2024.
- The 5-year median for Equity Ratio is 0.33 (2024), against an average of 0.33.
- The widest annual swing landed in 2022, when Equity Ratio dropped 11.4%; it then grew 11.34% in 2025.
- Tracing NSC's Equity Ratio over 5 years: stood at 0.33 in 2022, then dropped by 6.29% to 0.31 in 2023, then gained by 6.73% to 0.33 in 2024, then grew by 4.94% to 0.34 in 2025, then rose by 1.93% to 0.35 in 2026.
- Per Business Quant, the three latest NSC Equity Ratio figures stand at 0.35 (Q1 2026), 0.34 (Q4 2025), and 0.34 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 0.28 |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 0.31 |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 0.35 |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 0.53 |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 0.48 |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 0.14 |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 0.40 |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 0.52 |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | -0.37 |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 0.39 |
| Dec 31, 2020 | 0.39 |
| Sep 30, 2020 | 0.39 |
| Jun 30, 2020 | 0.39 |
| Mar 31, 2020 | 0.40 |
| Dec 31, 2019 | 0.40 |
| Sep 30, 2019 | 0.41 |
| Jun 30, 2019 | 0.41 |
| Mar 31, 2019 | 0.41 |
| Dec 31, 2018 | 0.42 |
| Sep 30, 2018 | 0.43 |
| Jun 30, 2018 | 0.46 |
| Mar 31, 2018 | 0.45 |
| Dec 31, 2017 | 0.46 |
| Sep 30, 2017 | 0.36 |
| Jun 30, 2017 | 0.36 |
| Mar 31, 2017 | 0.36 |
| Dec 31, 2016 | 0.36 |
| Sep 30, 2016 | 0.36 |
| Jun 30, 2016 | 0.36 |
| Mar 31, 2016 | 0.36 |
| Dec 31, 2015 | 0.36 |
| Sep 30, 2015 | 0.36 |
| Jun 30, 2015 | 0.36 |
| Mar 31, 2015 | 0.37 |
| Dec 31, 2014 | 0.37 |
| Sep 30, 2014 | 0.37 |
| Jun 30, 2014 | 0.37 |
| Mar 31, 2014 | 0.36 |
| Dec 31, 2013 | 0.35 |
| Sep 30, 2013 | 0.33 |
| Jun 30, 2013 | 0.33 |
| Mar 31, 2013 | 0.33 |
| Dec 31, 2012 | 0.32 |
| Sep 30, 2012 | 0.33 |
| Jun 30, 2012 | 0.33 |
| Mar 31, 2012 | 0.33 |
| Dec 31, 2011 | 0.35 |
| Sep 30, 2011 | 0.36 |
| Jun 30, 2011 | 0.37 |
| Mar 31, 2011 | 0.38 |
| Dec 31, 2010 | 0.38 |
| Sep 30, 2010 | 0.38 |
| Jun 30, 2010 | 0.39 |
| Mar 31, 2010 | 0.38 |
| Dec 31, 2009 | 0.38 |
| Sep 30, 2009 | 0.37 |
| Jun 30, 2009 | 0.37 |