Norfolk Southern (NSC) Net Cash Flow (2009 - 2026)
Norfolk Southern's Net Cash Flow came in at $529 million for Q3 2026, up 360.0% from $115 million a year earlier.
Norfolk Southern (NSC) Net Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Norfolk Southern reported Net Cash Flow of $180 million, down 59.4% year-over-year; for FY2025, it came in at -$111 million.
- Going back by year, Net Cash Flow was $73 million in FY2024 (-93.4%), $1.11 billion in FY2023, -$383 million in FY2022 and -$276 million in FY2021.
- The Q3 2026 figure represents the highest quarterly Net Cash Flow since Q4 2024.
- Year-over-year, Net Cash Flow increased in two of the last four quarters, with growth averaging 296.9%.
- Business Quant data shows NSC's Net Cash Flow at -$272 million (Q2 2026), -$189 million (Q1 2026) and $112 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 595.00 Mn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | 216.00 Mn |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 2.19 Bn |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | 19.29 Mn |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | 1.66 Bn |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 529.00 Mn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | -891.00 Mn |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | -3.51 Bn |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | 182.29 Mn |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 529.00 Mn |
| Jun 30, 2026 | -272.00 Mn |
| Mar 31, 2026 | -189.00 Mn |
| Dec 31, 2025 | 112.00 Mn |
| Sep 30, 2025 | 115.00 Mn |
| Jun 30, 2025 | 297.00 Mn |
| Mar 31, 2025 | -635.00 Mn |
| Dec 31, 2024 | 666.00 Mn |
| Sep 30, 2024 | 316.00 Mn |
| Jun 30, 2024 | 7.00 Mn |
| Mar 31, 2024 | -916.00 Mn |
| Dec 31, 2023 | 62.00 Mn |
| Sep 30, 2023 | 950.00 Mn |
| Jun 30, 2023 | 4.00 Mn |
| Mar 31, 2023 | 96.00 Mn |
| Dec 31, 2022 | -758.00 Mn |
| Sep 30, 2022 | -45.00 Mn |
| Jun 30, 2022 | -312.00 Mn |
| Mar 31, 2022 | 732.00 Mn |
| Dec 31, 2021 | -626.00 Mn |
Norfolk Southern Net Cash Flow 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=net-cash-flow&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();