Norfolk Southern (NSC) Interest Expenses (2009 - 2026)
Norfolk Southern (NSC) reported Interest Expenses of $197.0 million for Q1 2026, down 1.01% year-over-year from $199.0 million in Q1 2025, and up 1.03% on a QoQ basis from $195.0 million in Q4 2025.
Norfolk Southern (NSC) has 18 years of Interest Expenses data on file, last reported at $197.0 million in Q1 2026.
- Quarterly Interest Expenses fell 1.01% year-over-year to $197.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $790.0 million (down 1.86% YoY) and the FY2025 annual result came in at $792.0 million, down 1.86% from the prior year.
- Interest Expenses climbed to $197.0 million in Q1 2026 per NSC's latest filing, from $195.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $204.0 million in Q2 2024 and bottomed at $168.0 million in Q1 2022.
- The 5-year median for Interest Expenses is $195.0 million (2023), against an average of $188.8 million.
- The widest annual swing landed in 2024, when Interest Expenses increased 20.0%; it then declined 2.96% in 2025.
- Tracing NSC's Interest Expenses over 5 years: stood at $177.0 million in 2022, then rose by 10.17% to $195.0 million in 2023, then advanced by 2.05% to $199.0 million in 2024, then fell by 2.01% to $195.0 million in 2025, then advanced by 1.03% to $197.0 million in 2026.
- Per Business Quant, the three latest NSC Interest Expenses figures stand at $197.0 million (Q1 2026), $195.0 million (Q4 2025), and $197.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 320.00 Mn |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 213.00 Mn |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 197.00 Mn |
| 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 | 71.00 Mn |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | - |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 13.70 Mn |
| 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
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 197.00 Mn |
| Mar 31, 2026 | 197.00 Mn |
| Dec 31, 2025 | 195.00 Mn |
| Dec 31, 2025 | 195.00 Mn |
| Sep 30, 2025 | 197.00 Mn |
| Sep 30, 2025 | 197.00 Mn |
| Jun 30, 2025 | 201.00 Mn |
| Jun 30, 2025 | 201.00 Mn |
| Mar 31, 2025 | 199.00 Mn |
| Mar 31, 2025 | 199.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Sep 30, 2024 | 203.00 Mn |
| Sep 30, 2024 | 203.00 Mn |
| Jun 30, 2024 | 204.00 Mn |
| Jun 30, 2024 | 204.00 Mn |
| Mar 31, 2024 | 201.00 Mn |
| Mar 31, 2024 | 201.00 Mn |
| Dec 31, 2023 | 195.00 Mn |
| Dec 31, 2023 | 195.00 Mn |
| Sep 30, 2023 | 182.00 Mn |
| Sep 30, 2023 | 182.00 Mn |
| Jun 30, 2023 | 170.00 Mn |
| Jun 30, 2023 | 170.00 Mn |
| Mar 31, 2023 | 175.00 Mn |
| Mar 31, 2023 | 175.00 Mn |
| Dec 31, 2022 | 177.00 Mn |
| Dec 31, 2022 | 177.00 Mn |
| Sep 30, 2022 | 177.00 Mn |
| Sep 30, 2022 | 177.00 Mn |
| Jun 30, 2022 | 170.00 Mn |
| Jun 30, 2022 | 170.00 Mn |
| Mar 31, 2022 | 168.00 Mn |
| Mar 31, 2022 | 168.00 Mn |
| Dec 31, 2021 | 165.00 Mn |
| Dec 31, 2021 | 165.00 Mn |
| Sep 30, 2021 | 164.00 Mn |
| Sep 30, 2021 | 164.00 Mn |
| Jun 30, 2021 | 161.00 Mn |
| Jun 30, 2021 | 161.00 Mn |
| Mar 31, 2021 | 156.00 Mn |
| Mar 31, 2021 | 156.00 Mn |
| Dec 31, 2020 | 160.00 Mn |
| Dec 31, 2020 | 160.00 Mn |
| Sep 30, 2020 | 155.00 Mn |
| Sep 30, 2020 | 155.00 Mn |
| Jun 30, 2020 | 156.00 Mn |
| Jun 30, 2020 | 156.00 Mn |
| Mar 31, 2020 | 154.00 Mn |
| Mar 31, 2020 | 154.00 Mn |
| Dec 31, 2019 | 152.00 Mn |
| Dec 31, 2019 | 152.00 Mn |
| Sep 30, 2019 | 150.00 Mn |
| Sep 30, 2019 | 150.00 Mn |
| Jun 30, 2019 | 153.00 Mn |
| Jun 30, 2019 | 153.00 Mn |
| Mar 31, 2019 | 149.00 Mn |
| Mar 31, 2019 | 149.00 Mn |
| Dec 31, 2018 | 148.00 Mn |
| Dec 31, 2018 | 148.00 Mn |
| Sep 30, 2018 | 142.00 Mn |
| Sep 30, 2018 | 142.00 Mn |
| Jun 30, 2018 | 131.00 Mn |
| Jun 30, 2018 | 131.00 Mn |
| Mar 31, 2018 | 136.00 Mn |
| Mar 31, 2018 | 136.00 Mn |
| Dec 31, 2017 | 134.00 Mn |
| Dec 31, 2017 | 134.00 Mn |
| Sep 30, 2017 | 134.00 Mn |
| Sep 30, 2017 | 134.00 Mn |
| Jun 30, 2017 | 140.00 Mn |
| Jun 30, 2017 | 140.00 Mn |
| Mar 31, 2017 | 142.00 Mn |
| Mar 31, 2017 | 142.00 Mn |
| Dec 31, 2016 | 142.00 Mn |
| Dec 31, 2016 | 142.00 Mn |
| Sep 30, 2016 | 144.00 Mn |
| Sep 30, 2016 | 144.00 Mn |
| Jun 30, 2016 | 138.00 Mn |
| Jun 30, 2016 | 138.00 Mn |
| Mar 31, 2016 | 139.00 Mn |
| Mar 31, 2016 | 139.00 Mn |
| Dec 31, 2015 | 142.00 Mn |
| Dec 31, 2015 | 142.00 Mn |
| Sep 30, 2015 | 137.00 Mn |
| Sep 30, 2015 | 137.00 Mn |
| Jun 30, 2015 | 134.00 Mn |
| Jun 30, 2015 | 134.00 Mn |
| Mar 31, 2015 | 132.00 Mn |
| Mar 31, 2015 | 132.00 Mn |
| Dec 31, 2014 | 129.00 Mn |
| Dec 31, 2014 | 129.00 Mn |
| Sep 30, 2014 | 138.00 Mn |
| Sep 30, 2014 | 138.00 Mn |
| Jun 30, 2014 | 139.00 Mn |
| Jun 30, 2014 | 139.00 Mn |
| Mar 31, 2014 | 139.00 Mn |
| Mar 31, 2014 | 139.00 Mn |
| Dec 31, 2013 | 137.00 Mn |
| Dec 31, 2013 | 137.00 Mn |
| Sep 30, 2013 | 131.00 Mn |
| Sep 30, 2013 | 131.00 Mn |
| Jun 30, 2013 | 128.00 Mn |
| Jun 30, 2013 | 128.00 Mn |
| Mar 31, 2013 | 129.00 Mn |
| Mar 31, 2013 | 129.00 Mn |
| Dec 31, 2012 | 129.00 Mn |
| Dec 31, 2012 | 129.00 Mn |
| Sep 30, 2012 | 124.00 Mn |
| Sep 30, 2012 | 124.00 Mn |
| Jun 30, 2012 | 122.00 Mn |
| Jun 30, 2012 | 122.00 Mn |
| Mar 31, 2012 | 120.00 Mn |
| Mar 31, 2012 | 120.00 Mn |
| Dec 31, 2011 | 116.00 Mn |
| Dec 31, 2011 | 116.00 Mn |
| Sep 30, 2011 | 114.00 Mn |
| Sep 30, 2011 | 114.00 Mn |
| Jun 30, 2011 | 113.00 Mn |
| Jun 30, 2011 | 113.00 Mn |
| Mar 31, 2011 | 112.00 Mn |
| Mar 31, 2011 | 112.00 Mn |
| Dec 31, 2010 | 115.00 Mn |
| Dec 31, 2010 | 115.00 Mn |
| Sep 30, 2010 | 113.00 Mn |
| Sep 30, 2010 | 113.00 Mn |
| Jun 30, 2010 | 115.00 Mn |
| Jun 30, 2010 | 115.00 Mn |
| Mar 31, 2010 | 119.00 Mn |
| Mar 31, 2010 | 119.00 Mn |
| Dec 31, 2009 | 119.00 Mn |
| Dec 31, 2009 | 119.00 Mn |
| Sep 30, 2009 | 118.00 Mn |
| Sep 30, 2009 | 118.00 Mn |
| Jun 30, 2009 | 113.00 Mn |
| Jun 30, 2009 | 113.00 Mn |
| Mar 31, 2009 | 117.00 Mn |
| Mar 31, 2009 | 117.00 Mn |