Norfolk Southern (NSC) Other Operating Expenses (2009 - 2026)
Norfolk Southern (NSC) posted Other Operating Expenses of $798 million for Q3 2026, up 19.6% from $667 million a year earlier and up 1.9% from the prior quarter.
Norfolk Southern (NSC) Other Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Other Operating Expenses at Norfolk Southern was $2.94 billion, up 20.1% year-over-year; for FY2025, it was $2.5 billion, down 7.7% from FY2024.
- Annual Other Operating Expenses shows a five-year compound annual growth rate of -1.7% (FY2020 to FY2025).
- In prior years, Norfolk Southern's Other Operating Expenses was $2.71 billion in FY2024 (-32.7%), $4.02 billion in FY2023 (+52.5%), $2.64 billion in FY2022 (+15.9%) and $2.27 billion in FY2021 (-16.6%).
- The Q3 2026 figure stands as the highest quarterly Other Operating Expenses since Q1 2024.
- On a year-over-year basis, Other Operating Expenses has increased in each of the last six quarters, with growth averaging 42.4% over the last eight quarters.
- The strongest year-over-year quarter for Other Operating Expenses in the past five years was Q3 2025, with growth of 344.7%; the weakest was Q3 2024, with a decline of 83.1%.
- According to Business Quant data, Other Operating Expenses for the three prior quarters was $783 million (Q2 2026), $721 million (Q1 2026) and $641 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn |
| 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 | - |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 224.00 Mn |
| Jun 30, 2026 | 212.00 Mn |
| Mar 31, 2026 | 189.00 Mn |
| Dec 31, 2025 | 87.00 Mn |
| Sep 30, 2025 | 147.00 Mn |
| Jun 30, 2025 | 195.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | 133.00 Mn |
| Sep 30, 2024 | -188.00 Mn |
| Jun 30, 2024 | 173.00 Mn |
| Mar 31, 2024 | 215.00 Mn |
| Dec 31, 2023 | 210.00 Mn |
| Sep 30, 2023 | 205.00 Mn |
| Jun 30, 2023 | 205.00 Mn |
| Mar 31, 2023 | 212.00 Mn |
| Dec 31, 2022 | 207.00 Mn |
| Sep 30, 2022 | 163.00 Mn |
| Jun 30, 2022 | 172.00 Mn |
| Mar 31, 2022 | 171.00 Mn |
| Dec 31, 2021 | 129.00 Mn |
Norfolk Southern Other Operating 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=other-operating-expenses&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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=other-operating-expenses&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();