Norfolk Southern (NSC) Interest Expenses (2009 - 2026)
Norfolk Southern's Interest Expenses came in at $197 million for Q2 2026, down 2.0% from $201 million a year earlier and unchanged from the prior quarter.
Norfolk Southern (NSC) Interest Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Norfolk Southern reported Interest Expenses of $786 million, down 2.0% year-over-year; for FY2025, it came in at $792 million, down 1.9% from FY2024.
- Interest Expenses carries a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $807 million in FY2024 (+11.8%), $722 million in FY2023 (+4.3%), $692 million in FY2022 (+7.1%) and $646 million in FY2021 (+3.4%).
- The five-year range for quarterly Interest Expenses is $164 million (Q3 2021) to $204 million (Q2 2024).
- Year-over-year, Interest Expenses has declined for six consecutive quarters, with growth averaging 0.4% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q2 2024 (growth of 20.0%), and the weakest in Q3 2025 (a decline of 3.0%).
- Business Quant data shows NSC's Interest Expenses at $197 million (Q1 2026), $195 million (Q4 2025) and $197 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 313.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 211.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 272.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 197.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 76,000.00 |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | -17.32 Mn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 197.00 Mn |
| Mar 31, 2026 | 197.00 Mn |
| Dec 31, 2025 | 195.00 Mn |
| Sep 30, 2025 | 197.00 Mn |
| Jun 30, 2025 | 201.00 Mn |
| Mar 31, 2025 | 199.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Sep 30, 2024 | 203.00 Mn |
| Jun 30, 2024 | 204.00 Mn |
| Mar 31, 2024 | 201.00 Mn |
| Dec 31, 2023 | 195.00 Mn |
| Sep 30, 2023 | 182.00 Mn |
| Jun 30, 2023 | 170.00 Mn |
| Mar 31, 2023 | 175.00 Mn |
| Dec 31, 2022 | 177.00 Mn |
| Sep 30, 2022 | 177.00 Mn |
| Jun 30, 2022 | 170.00 Mn |
| Mar 31, 2022 | 168.00 Mn |
| Dec 31, 2021 | 165.00 Mn |
| Sep 30, 2021 | 164.00 Mn |
Norfolk Southern Interest Expenses 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-expenses&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();