Norfolk Southern (NSC) Interest Coverage Ratio (2009 - 2026)
Norfolk Southern's Interest Coverage Ratio came in at 5.96 for Q3 2026, up 6.9% from 5.57 a year earlier and up 4.4% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Norfolk Southern reported Interest Coverage Ratio of 5.23, down 8.5% year-over-year; for FY2025, it came in at 5.50, up 9.0% from FY2024.
- Going back by year, Interest Coverage Ratio was 5.04 in FY2024 (+27.8%), 3.95 in FY2023 (-43.2%), 6.95 in FY2022 (+1.0%) and 6.88 in FY2021 (+43.3%).
- The Q3 2026 figure represents the highest quarterly Interest Coverage Ratio since Q3 2024.
- Year-over-year, Interest Coverage Ratio increased in four of the last eight quarters, with growth averaging 52.9%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2025 (growth of 443.4%), and the weakest in Q1 2024 (a decline of 73.9%).
- Business Quant data shows NSC's Interest Coverage Ratio at 5.71 (Q2 2026), 4.45 (Q1 2026) and 4.81 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 9.43 |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 7.58 |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 6.03 |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | - |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | - |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 5.96 |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | - |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 4.03 |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 14,145.16 |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.96 |
| Jun 30, 2026 | 5.71 |
| 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 |
API Access
Norfolk Southern Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();