Norfolk Southern (NSC) Non Operating Interest Expenses (2009 - 2026)
Norfolk Southern (NSC) reported Non Operating Interest Expenses of $193 million for Q3 2026, down 2.0% from $197 million a year earlier and down 2.0% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Norfolk Southern's Non Operating Interest Expenses came in at $782 million, down 1.8% year-over-year; for FY2025, it came in at $792 million, down 1.9% from FY2024.
- Non Operating Interest Expenses has a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- By year, Non Operating Interest Expenses came in at $807 million in FY2024 (+11.8%), $722 million in FY2023 (+4.3%), $692 million in FY2022 (+7.1%) and $646 million in FY2021 (+3.4%).
- The Q3 2026 figure ranks as the lowest quarterly Non Operating Interest Expenses since Q3 2023.
- Year over year, Non Operating Interest Expenses has now declined in each of the last seven quarters, with an average decline of 1.3% over the last eight quarters.
- The high point for year-over-year Non Operating Interest Expenses in five years was Q2 2024 (growth of 20.0%); the low point was Q3 2025 (a decline of 3.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $197 million (Q2 2026), $197 million (Q1 2026) and $195 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 312.00 Mn |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 207.00 Mn |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 289.00 Mn |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | - |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | - |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 193.00 Mn |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | - |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 359.00 Mn |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 32,000.00 |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 193.00 Mn |
| Jun 30, 2026 | 197.00 Mn |
| Mar 31, 2026 | 197.00 Mn |
| Dec 31, 2025 | 195.00 Mn |
| Sep 30, 2025 | 197.00 Mn |
| Jun 30, 2025 | 201.00 Mn |
| Mar 31, 2025 | 199.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Sep 30, 2024 | 203.00 Mn |
| Jun 30, 2024 | 204.00 Mn |
| Mar 31, 2024 | 201.00 Mn |
| Dec 31, 2023 | 195.00 Mn |
| Sep 30, 2023 | 182.00 Mn |
| Jun 30, 2023 | 170.00 Mn |
| Mar 31, 2023 | 175.00 Mn |
| Dec 31, 2022 | 177.00 Mn |
| Sep 30, 2022 | 177.00 Mn |
| Jun 30, 2022 | 170.00 Mn |
| Mar 31, 2022 | 168.00 Mn |
| Dec 31, 2021 | 165.00 Mn |
API Access
Norfolk Southern Non Operating Interest Expenses 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-operating-interest-expenses&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();