Norfolk Southern (NSC) Property, Plant & Equipment (Net) (2009 - 2026)
Norfolk Southern (NSC) recorded Property, Plant & Equipment (Net) of $36.86 billion in Q3 2026, up 2.1% from $36.11 billion a year earlier and up 0.6% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Norfolk Southern reported Property, Plant & Equipment (Net) of $36.48 billion, up 1.8% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for five straight years, with a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $35.83 billion in FY2024 (+7.5%), $33.33 billion in FY2023 (+3.6%), $32.16 billion in FY2022 (+1.6%) and $31.65 billion in FY2021 (+1.0%).
- The Q3 2026 figure is the highest quarterly Property, Plant & Equipment (Net) in data going back to Q2 2009.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased for 23 consecutive quarters, with growth averaging 2.6% over the last eight quarters.
- The year-over-year growth in Property, Plant & Equipment (Net) has ranged between 1.0% (Q4 2021) and 8.7% (Q1 2024) over the last five years.
- Per Business Quant, the preceding three quarters came in at $36.63 billion (Q2 2026), $36.44 billion (Q1 2026) and $36.48 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 60.63 Bn |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 37.14 Bn |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 37.92 Bn |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 40.31 Bn |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 39.12 Bn |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 36.86 Bn |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 42.21 Bn |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 49.37 Bn |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 4.41 Bn |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | 12.79 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.86 Bn |
| Jun 30, 2026 | 36.63 Bn |
| Mar 31, 2026 | 36.44 Bn |
| Dec 31, 2025 | 36.48 Bn |
| Sep 30, 2025 | 36.11 Bn |
| Jun 30, 2025 | 35.92 Bn |
| Mar 31, 2025 | 35.80 Bn |
| Dec 31, 2024 | 35.83 Bn |
| Sep 30, 2024 | 35.39 Bn |
| Jun 30, 2024 | 35.28 Bn |
| Mar 31, 2024 | 35.05 Bn |
| Dec 31, 2023 | 33.33 Bn |
| Sep 30, 2023 | 32.67 Bn |
| Jun 30, 2023 | 32.47 Bn |
| Mar 31, 2023 | 32.24 Bn |
| Dec 31, 2022 | 32.16 Bn |
| Sep 30, 2022 | 31.84 Bn |
| Jun 30, 2022 | 31.79 Bn |
| Mar 31, 2022 | 31.66 Bn |
| Dec 31, 2021 | 31.65 Bn |
API Access
Norfolk Southern Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();