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 | 170.80 Bn | 165.33 Bn | - | 29.04 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 17.16 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 23.85 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 15.66 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 15.97 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 23.29 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 9.53 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | - |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 24.29 Bn |
| 10 | Ryanair Holdings | 28.53 Bn | 12.18 Bn | - | 43.75 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();