Norfolk Southern (NSC) Non-Current Debt (2009 - 2026)
Norfolk Southern's Non-Current Debt was $15.97 billion in Q2 2026, down 3.0% from $16.46 billion a year earlier and down 3.2% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at Norfolk Southern came in at $16.48 billion, down 1.0% from FY2024.
- Non-Current Debt shows a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $16.65 billion in FY2024 (-3.1%), $17.18 billion in FY2023 (+18.6%), $14.48 billion in FY2022 (+9.0%) and $13.29 billion in FY2021 (+9.8%).
- The Q2 2026 figure marks the lowest quarterly Non-Current Debt since Q2 2023.
- Compared with a year earlier, Non-Current Debt has declined for seven straight quarters, with an average decline of 1.5% over the last eight quarters.
- The best year-over-year quarter for Non-Current Debt over five years was Q4 2023 (growth of 18.6%); the worst was Q4 2024 (a decline of 3.1%).
- Per Business Quant data, NSC's Non-Current Debt in the three quarters before Q2 2026 was $16.49 billion (Q1 2026), $16.48 billion (Q4 2025) and $16.48 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 29.04 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 17.16 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 16.08 Bn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 23.85 Bn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 15.97 Bn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 23.29 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 10.51 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 40.10 Mn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.97 Bn |
| Mar 31, 2026 | 16.49 Bn |
| Dec 31, 2025 | 16.48 Bn |
| Sep 30, 2025 | 16.48 Bn |
| Jun 30, 2025 | 16.46 Bn |
| Mar 31, 2025 | 16.66 Bn |
| Dec 31, 2024 | 16.65 Bn |
| Sep 30, 2024 | 16.64 Bn |
| Jun 30, 2024 | 16.94 Bn |
| Mar 31, 2024 | 17.18 Bn |
| Dec 31, 2023 | 17.18 Bn |
| Sep 30, 2023 | 16.18 Bn |
| Jun 30, 2023 | 14.59 Bn |
| Mar 31, 2023 | 14.59 Bn |
| Dec 31, 2022 | 14.48 Bn |
| Sep 30, 2022 | 14.46 Bn |
| Jun 30, 2022 | 14.45 Bn |
| Mar 31, 2022 | 13.69 Bn |
| Dec 31, 2021 | 13.29 Bn |
| Sep 30, 2021 | 13.27 Bn |
API Access
Norfolk Southern Non-Current Debt 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=non-current-debt&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();