Growth Metrics

Norfolk Southern (NSC) Interest Coverage Ratio (2009 - 2026)

Norfolk Southern (NSC) reported Interest Coverage Ratio of 4.45 for Q1 2026, down 22.7% year-over-year from 5.76 in Q1 2025, and down 7.35% on a QoQ basis from 4.81 in Q4 2025.

Norfolk Southern (NSC) has 18 years of Interest Coverage Ratio data on file, last reported at 4.45 in Q1 2026.

  • Quarterly Interest Coverage Ratio fell 22.7% year-over-year to 4.45 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.17 (down 16.77% YoY) and the FY2025 annual result came in at 5.5, up 9.03% from the prior year.
  • Interest Coverage Ratio slipped to 4.45 in Q1 2026 per NSC's latest filing, from 4.81 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 7.86 in Q3 2024 and bottomed at 1.06 in Q1 2024.
  • The 5-year median for Interest Coverage Ratio is 5.57 (2025), against an average of 5.3.
  • The widest annual swing landed in 2024, when Interest Coverage Ratio tumbled 73.92%; it then soared 443.44% in 2025.
  • Tracing NSC's Interest Coverage Ratio over 5 years: stood at 6.67 in 2022, then tumbled by 37.9% to 4.14 in 2023, then soared by 37.16% to 5.68 in 2024, then dropped by 15.45% to 4.81 in 2025, then decreased by 7.35% to 4.45 in 2026.
  • Per Business Quant, the three latest NSC Interest Coverage Ratio figures stand at 4.45 (Q1 2026), 4.81 (Q4 2025), and 5.57 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Union Pacific 155.75 Bn 154.71 Bn 5.85 Bn 7.68
2 Csx 84.18 Bn 83.08 Bn 3.18 Bn 5.88
3 Norfolk Southern 68.46 Bn 67.12 Bn 2.74 Bn 4.45
4 Canadian Pacific Kansas City 58.41 Bn 58.81 Bn 2.36 Bn -
5 Westinghouse Air Brake Technologies 44.40 Bn 43.91 Bn 1.06 Bn 7.28
6 Trinity Industries 2.59 Bn 2.65 Bn 128.90 Mn -
7 Greenbrier Companies 1.46 Bn 968.55 Mn 69.50 Mn 1.83
8 Foster L B 419.50 Mn 416.39 Mn 25.70 Mn -
9 FreightCar America 145.10 Mn 80.80 Mn - -
10 Swvl Holdings 18.35 Mn 13.93 Mn - -

Historic Data

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DateValue
Mar 31, 2026 4.45
Dec 31, 2025 4.81
Sep 30, 2025 5.57
Jun 30, 2025 5.85
Mar 31, 2025 5.76
Dec 31, 2024 5.68
Sep 30, 2024 7.86
Jun 30, 2024 5.54
Mar 31, 2024 1.06
Dec 31, 2023 4.14
Sep 30, 2023 4.15
Jun 30, 2023 3.39
Mar 31, 2023 4.06
Dec 31, 2022 6.67
Sep 30, 2022 7.19
Jun 30, 2022 7.48
Mar 31, 2022 6.46
Dec 31, 2021 6.84
Sep 30, 2021 6.93
Jun 30, 2021 7.25
Mar 31, 2021 6.51
Dec 31, 2020 6.15
Sep 30, 2020 5.42
Jun 30, 2020 3.91
Mar 31, 2020 3.69
Dec 31, 2019 6.33
Sep 30, 2019 6.64
Jun 30, 2019 6.96
Mar 31, 2019 6.48
Dec 31, 2018 7.28
Sep 30, 2018 7.18
Jun 30, 2018 7.83
Mar 31, 2018 6.14
Dec 31, 2017 7.45
Sep 30, 2017 6.68
Jun 30, 2017 6.23
Mar 31, 2017 5.33
Dec 31, 2016 5.36
Sep 30, 2016 5.69
Jun 30, 2016 5.58
Mar 31, 2016 5.20
Dec 31, 2015 4.52
Sep 30, 2015 6.00
Jun 30, 2015 6.07
Mar 31, 2015 4.59
Dec 31, 2014 6.91
Sep 30, 2014 7.23
Jun 30, 2014 7.33
Mar 31, 2014 4.80
Dec 31, 2013 6.43
Sep 30, 2013 6.48
Jun 30, 2013 6.53
Mar 31, 2013 5.36
Dec 31, 2012 5.53
Sep 30, 2012 5.90
Jun 30, 2012 7.66
Mar 31, 2012 6.21
Dec 31, 2011 6.90
Sep 30, 2011 8.23
Jun 30, 2011 7.74
Mar 31, 2011 5.36
Dec 31, 2010 5.58
Sep 30, 2010 6.60
Jun 30, 2010 6.37
Mar 31, 2010 4.66
Dec 31, 2009 4.61
Sep 30, 2009 4.76
Jun 30, 2009 4.14
Mar 31, 2009 3.27