Norfolk Southern (NSC) Other Working Capital Changes (2009 - 2026)
Norfolk Southern (NSC) reported Other Working Capital Changes of -$67.0 million for Q1 2026, down 116.13% year-over-year from $415.4 million in Q1 2025, and up 58.64% on a QoQ basis from -$162.0 million in Q4 2025.
Norfolk Southern (NSC) has 18 years of Other Working Capital Changes data on file, last reported at -$67.0 million in Q1 2026.
- Quarterly Other Working Capital Changes fell 116.13% year-over-year to -$67.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$266.0 million (down 8766.67% YoY) and the FY2025 annual result came in at -$230.0 million, down 4500.0% from the prior year.
- Other Working Capital Changes grew to -$67.0 million in Q1 2026 per NSC's latest filing, from -$162.0 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $189.0 million in Q4 2023 and bottomed at -$162.0 million in Q4 2025.
- The 5-year median for Other Working Capital Changes is -$31.0 million (2025), against an average of -$18.6 million.
- The widest annual swing landed in 2023, when Other Working Capital Changes jumped 655.88%; it then plunged 600.0% in 2024.
- Tracing NSC's Other Working Capital Changes over 5 years: stood at -$34.0 million in 2022, then jumped by 655.88% to $189.0 million in 2023, then plunged by 60.32% to $75.0 million in 2024, then plunged by 316.0% to -$162.0 million in 2025, then surged by 58.64% to -$67.0 million in 2026.
- Per Business Quant, the three latest NSC Other Working Capital Changes figures stand at -$67.0 million (Q1 2026), -$162.0 million (Q4 2025), and -$14.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -67.00 Mn |
| Mar 31, 2026 | -67.00 Mn |
| Dec 31, 2025 | -162.00 Mn |
| Dec 31, 2025 | -162.00 Mn |
| Sep 30, 2025 | -14.00 Mn |
| Sep 30, 2025 | -14.00 Mn |
| Jun 30, 2025 | -23.00 Mn |
| Jun 30, 2025 | -23.00 Mn |
| Mar 31, 2025 | -31.00 Mn |
| Mar 31, 2025 | -31.00 Mn |
| Dec 31, 2024 | 75.00 Mn |
| Dec 31, 2024 | 75.00 Mn |
| Sep 30, 2024 | 53.00 Mn |
| Sep 30, 2024 | 53.00 Mn |
| Jun 30, 2024 | -100.00 Mn |
| Jun 30, 2024 | -100.00 Mn |
| Mar 31, 2024 | -33.00 Mn |
| Mar 31, 2024 | -33.00 Mn |
| Dec 31, 2023 | 189.00 Mn |
| Dec 31, 2023 | 189.00 Mn |
| Sep 30, 2023 | -99.00 Mn |
| Sep 30, 2023 | -99.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | -56.00 Mn |
| Mar 31, 2023 | -56.00 Mn |
| Dec 31, 2022 | -34.00 Mn |
| Dec 31, 2022 | -34.00 Mn |
| Sep 30, 2022 | -40.00 Mn |
| Sep 30, 2022 | -40.00 Mn |
| Jun 30, 2022 | 22.00 Mn |
| Jun 30, 2022 | 22.00 Mn |
| Mar 31, 2022 | -17.00 Mn |
| Mar 31, 2022 | -17.00 Mn |
| Dec 31, 2021 | -48.00 Mn |
| Dec 31, 2021 | -48.00 Mn |
| Sep 30, 2021 | -98.00 Mn |
| Sep 30, 2021 | -98.00 Mn |
| Jun 30, 2021 | -21.00 Mn |
| Jun 30, 2021 | -21.00 Mn |
| Mar 31, 2021 | -9.00 Mn |
| Mar 31, 2021 | -9.00 Mn |
| Dec 31, 2020 | 179.00 Mn |
| Dec 31, 2020 | 179.00 Mn |
| Sep 30, 2020 | -48.00 Mn |
| Sep 30, 2020 | -48.00 Mn |
| Jun 30, 2020 | -167.00 Mn |
| Jun 30, 2020 | -167.00 Mn |
| Mar 31, 2020 | 33.00 Mn |
| Mar 31, 2020 | 33.00 Mn |
| Dec 31, 2019 | 44.00 Mn |
| Dec 31, 2019 | 44.00 Mn |
| Sep 30, 2019 | 46.00 Mn |
| Sep 30, 2019 | 46.00 Mn |
| Jun 30, 2019 | -74.00 Mn |
| Jun 30, 2019 | -74.00 Mn |
| Mar 31, 2019 | -12.00 Mn |
| Mar 31, 2019 | -12.00 Mn |
| Dec 31, 2018 | -123.00 Mn |
| Dec 31, 2018 | -123.00 Mn |
| Sep 30, 2018 | 35.00 Mn |
| Sep 30, 2018 | 35.00 Mn |
| Jun 30, 2018 | -59.00 Mn |
| Jun 30, 2018 | -59.00 Mn |
| Mar 31, 2018 | -21.00 Mn |
| Mar 31, 2018 | -21.00 Mn |
| Dec 31, 2017 | 139.00 Mn |
| Dec 31, 2017 | 139.00 Mn |
| Sep 30, 2017 | 2.00 Mn |
| Sep 30, 2017 | 2.00 Mn |
| Jun 30, 2017 | -39.00 Mn |
| Jun 30, 2017 | -39.00 Mn |
| Mar 31, 2017 | -31.00 Mn |
| Mar 31, 2017 | -31.00 Mn |
| Dec 31, 2016 | -44.00 Mn |
| Dec 31, 2016 | -44.00 Mn |
| Sep 30, 2016 | -65.00 Mn |
| Sep 30, 2016 | -65.00 Mn |
| Jun 30, 2016 | -13.00 Mn |
| Jun 30, 2016 | -13.00 Mn |
| Mar 31, 2016 | -28.00 Mn |
| Mar 31, 2016 | -28.00 Mn |
| Dec 31, 2015 | -35.00 Mn |
| Dec 31, 2015 | -35.00 Mn |
| Sep 30, 2015 | -55.00 Mn |
| Sep 30, 2015 | -55.00 Mn |
| Jun 30, 2015 | 7.00 Mn |
| Jun 30, 2015 | 7.00 Mn |
| Mar 31, 2015 | -28.00 Mn |
| Mar 31, 2015 | -28.00 Mn |
| Dec 31, 2014 | 307.00 Mn |
| Dec 31, 2014 | 307.00 Mn |
| Sep 30, 2014 | -17.00 Mn |
| Sep 30, 2014 | -17.00 Mn |
| Jun 30, 2014 | -21.00 Mn |
| Jun 30, 2014 | -21.00 Mn |
| Mar 31, 2014 | -9.00 Mn |
| Mar 31, 2014 | -9.00 Mn |
| Dec 31, 2013 | -13.00 Mn |
| Dec 31, 2013 | -13.00 Mn |
| Sep 30, 2013 | -14.00 Mn |
| Sep 30, 2013 | -14.00 Mn |
| Jun 30, 2013 | 49.00 Mn |
| Jun 30, 2013 | 49.00 Mn |
| Mar 31, 2013 | -17.00 Mn |
| Mar 31, 2013 | -17.00 Mn |
| Dec 31, 2012 | -28.00 Mn |
| Dec 31, 2012 | -28.00 Mn |
| Sep 30, 2012 | 57.00 Mn |
| Sep 30, 2012 | 57.00 Mn |
| Jun 30, 2012 | -67.00 Mn |
| Jun 30, 2012 | -67.00 Mn |
| Mar 31, 2012 | 44.00 Mn |
| Mar 31, 2012 | 44.00 Mn |
| Dec 31, 2011 | 46.00 Mn |
| Dec 31, 2011 | 46.00 Mn |
| Sep 30, 2011 | -24.00 Mn |
| Sep 30, 2011 | -24.00 Mn |
| Jun 30, 2011 | -140.00 Mn |
| Jun 30, 2011 | -140.00 Mn |
| Mar 31, 2011 | 104.00 Mn |
| Mar 31, 2011 | 104.00 Mn |
| Dec 31, 2010 | -93.00 Mn |
| Dec 31, 2010 | -93.00 Mn |
| Sep 30, 2010 | 172.00 Mn |
| Sep 30, 2010 | 172.00 Mn |
| Jun 30, 2010 | -19.00 Mn |
| Jun 30, 2010 | -19.00 Mn |
| Mar 31, 2010 | -17.00 Mn |
| Mar 31, 2010 | -17.00 Mn |
| Dec 31, 2009 | -250.00 Mn |
| Dec 31, 2009 | -250.00 Mn |
| Sep 30, 2009 | 36.00 Mn |
| Sep 30, 2009 | 36.00 Mn |
| Jun 30, 2009 | 40.00 Mn |
| Jun 30, 2009 | 40.00 Mn |
| Mar 31, 2009 | 35.00 Mn |
| Mar 31, 2009 | 35.00 Mn |