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| 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 |