Norfolk Southern (NSC) Invested Capital (2009 - 2026)

Norfolk Southern (NSC) reported Invested Capital of $16.4 billion for Q1 2026, up 8.94% year-over-year from $15.1 billion in Q1 2025, and down 49.71% quarter-over-quarter from $32.6 billion in Q4 2025.

Norfolk Southern (NSC) Invested Capital (2009 - 2026) Analysis & Trends

Norfolk Southern (NSC) has 18 years of Invested Capital data on file, last reported at $16.4 billion in Q1 2026.

  • Invested Capital for Q1 2026 came in at $16.4 billion, up 8.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.4 billion (up 8.94% YoY), and the FY2025 annual result was $32.6 billion, up 3.56% from the prior year.
  • Invested Capital retreated to $16.4 billion in Q1 2026 per NSC's latest filing, from $32.6 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $32.6 billion in Q4 2025 and troughed at $12.5 billion in Q1 2024.
  • A 5-year average of $18.0 billion and a median of $14.6 billion in 2022 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2023 and 2025: Invested Capital decreased 12.91% in 2023, then rose 20.14% in 2025.
  • A 5-year view of Invested Capital shows it stood at $27.9 billion in 2022, then climbed by 7.33% to $30.0 billion in 2023, then grew by 5.18% to $31.5 billion in 2024, then gained by 3.56% to $32.6 billion in 2025, then plunged by 49.71% to $16.4 billion in 2026.
  • Business Quant data shows NSC's Invested Capital at $16.4 billion in Q1 2026, $32.6 billion in Q4 2025, and $15.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 20.29 Bn
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 32.45 Bn
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 16.41 Bn
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 35.65 Bn
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 17.64 Bn
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 6.53 Bn
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 3.48 Bn
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn 233.30 Mn
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 20.33 Mn
10 FreightCar America 178.32 Mn 114.02 Mn - -97.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.41 Bn
Dec 31, 2025 32.63 Bn
Sep 30, 2025 15.75 Bn
Jun 30, 2025 15.69 Bn
Mar 31, 2025 15.07 Bn
Dec 31, 2024 31.51 Bn
Sep 30, 2024 14.34 Bn
Jun 30, 2024 13.23 Bn
Mar 31, 2024 12.54 Bn
Dec 31, 2023 29.96 Bn
Sep 30, 2023 13.02 Bn
Jun 30, 2023 12.77 Bn
Mar 31, 2023 12.73 Bn
Dec 31, 2022 27.92 Bn
Sep 30, 2022 13.63 Bn
Jun 30, 2022 13.76 Bn
Mar 31, 2022 14.61 Bn
Dec 31, 2021 27.48 Bn
Sep 30, 2021 14.45 Bn
Jun 30, 2021 15.37 Bn