Norfolk Southern (NSC) Liabilities and Shareholders Equity (2009 - 2026)
Norfolk Southern's Liabilities and Shareholders Equity came in at $45.12 billion for Q2 2026, up 2.2% from $44.16 billion a year earlier and unchanged from the prior quarter.
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Analysis
Norfolk Southern (NSC) Liabilities and Shareholders Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Norfolk Southern's Liabilities and Shareholders Equity was $45.24 billion, up 3.6% from FY2024.
- Liabilities and Shareholders Equity has increased in each of the last 16 years, with a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- Going back by year, Liabilities and Shareholders Equity was $43.68 billion in FY2024 (+4.9%), $41.65 billion in FY2023 (+7.1%), $38.89 billion in FY2022 (+1.0%) and $38.49 billion in FY2021 (+1.4%).
- The five-year range for quarterly Liabilities and Shareholders Equity is $38.49 billion (Q4 2021) to $45.24 billion (Q4 2025).
- Year-over-year, Liabilities and Shareholders Equity has increased for 12 consecutive quarters, with growth averaging 3.8% over the last eight quarters.
- The fastest year-over-year change in Liabilities and Shareholders Equity over five years came in Q2 2024 (growth of 8.4%), and the weakest in Q1 2023 (a decline of 0.5%).
- Business Quant data shows NSC's Liabilities and Shareholders Equity at $45.11 billion (Q1 2026), $45.24 billion (Q4 2025) and $44.58 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 71.21 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 44.73 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 64.54 Bn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 71.27 Bn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 45.12 Bn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 98.94 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 86.32 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 5.74 Bn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 21.11 Bn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 10.03 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.12 Bn |
| Mar 31, 2026 | 45.11 Bn |
| Dec 31, 2025 | 45.24 Bn |
| Sep 30, 2025 | 44.58 Bn |
| Jun 30, 2025 | 44.16 Bn |
| Mar 31, 2025 | 43.80 Bn |
| Dec 31, 2024 | 43.68 Bn |
| Sep 30, 2024 | 43.26 Bn |
| Jun 30, 2024 | 42.56 Bn |
| Mar 31, 2024 | 42.13 Bn |
| Dec 31, 2023 | 41.65 Bn |
| Sep 30, 2023 | 40.74 Bn |
| Jun 30, 2023 | 39.26 Bn |
| Mar 31, 2023 | 39.17 Bn |
| Dec 31, 2022 | 38.89 Bn |
| Sep 30, 2022 | 39.31 Bn |
| Jun 30, 2022 | 39.34 Bn |
| Mar 31, 2022 | 39.36 Bn |
| Dec 31, 2021 | 38.49 Bn |
| Sep 30, 2021 | 38.60 Bn |
API Access
Norfolk Southern Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();