Norfolk Southern (NSC) Income Taxes Paid (2009 - 2026)
Norfolk Southern (NSC) recorded Income Taxes Paid of $170 million in Q3 2026, up 794.7% from $19 million a year earlier but down 31.5% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Income Taxes Paid (2009 - 2026) Analysis & Trends
On a TTM basis, Norfolk Southern's Income Taxes Paid came in at $614 million as of Sep 30, 2026, up 35.2% year-over-year; for FY2025, it came in at $491 million, up 61.0% from FY2024.
- Annual Income Taxes Paid has a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- Across earlier years, Income Taxes Paid came in at $305 million in FY2024 (-55.2%), $681 million in FY2023 (-9.2%), $750 million in FY2022 (+14.7%) and $654 million in FY2021 (+110.3%).
- Quarterly Income Taxes Paid has ranged from -$2 million in Q1 2024 to $413 million in Q2 2025 over the past five years.
- On a year-over-year basis, Income Taxes Paid rose in three of the last six quarters, with growth averaging 172.3%.
- Peak year-over-year performance for Income Taxes Paid in the last five years was growth of 794.7% in Q3 2026, against a decline of 89.3% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $248 million (Q2 2026), $138 million (Q1 2026) and $58 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 104.00 Mn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 182.87 Mn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 170.00 Mn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | - |
| 10 | Ryanair Holdings | 31.32 Bn | 15.58 Bn | - | -60.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 170.00 Mn |
| Jun 30, 2026 | 248.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Dec 31, 2025 | 58.00 Mn |
| Sep 30, 2025 | 19.00 Mn |
| Jun 30, 2025 | 413.00 Mn |
| Mar 31, 2025 | 1.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Sep 30, 2024 | 177.00 Mn |
| Jun 30, 2024 | 109.00 Mn |
| Mar 31, 2024 | -2.00 Mn |
| Dec 31, 2023 | 160.00 Mn |
| Sep 30, 2023 | 206.00 Mn |
| Jun 30, 2023 | 316.00 Mn |
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | 172.00 Mn |
| Sep 30, 2022 | 257.00 Mn |
| Jun 30, 2022 | 312.00 Mn |
| Mar 31, 2022 | 9.00 Mn |
| Dec 31, 2021 | 186.00 Mn |
API Access
Norfolk Southern Income Taxes Paid 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=income-taxes-paid&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-taxes-paid", "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=income-taxes-paid&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();