Norfolk Southern (NSC) Purchase of Investments (2009 - 2026)
Norfolk Southern (NSC) recorded Purchase of Investments - Total of $1 million in Q3 2026, down 50.0% from $2 million a year earlier and down 50.0% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Purchase of Investments (2009 - 2026) Analysis & Trends
On a TTM basis, Norfolk Southern's Purchase of Investments - Total came in at $12 million as of Sep 30, 2026, down 98.1% year-over-year; for FY2025, it came in at $621 million, up 94.7% from FY2024.
- Annual Purchase of Investments - Total has increased for four straight years, with a five-year compound annual growth rate of 116.7% (FY2020 to FY2025).
- Across earlier years, Purchase of Investments - Total came in at $319 million in FY2024 (+157.3%), $124 million in FY2023 (+933.3%), $12 million in FY2022 (+20.0%) and $10 million in FY2021 (-23.1%).
- Quarterly Purchase of Investments - Total has ranged from $1 million in Q1 2022 to $609 million in Q1 2025 over the past five years.
- On a year-over-year basis, Purchase of Investments - Total has declined for three consecutive quarters, with growth averaging 4.2% over the last seven quarters.
- Peak year-over-year performance for Purchase of Investments - Total in the last five years was growth of 500.0% in Q4 2025, against a decline of 99.5% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $2 million (Q2 2026), $3 million (Q1 2026) and $6 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investments Purchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | - |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 255.00 Mn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.00 Mn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 45.00 Mn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 3.14 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | - |
| 10 | Ryanair Holdings | 31.32 Bn | 15.58 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.00 Mn |
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | 3.00 Mn |
| Dec 31, 2025 | 6.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 609.00 Mn |
| Dec 31, 2024 | 1.00 Mn |
| Sep 30, 2024 | 112.00 Mn |
| Jun 30, 2024 | 205.00 Mn |
| Mar 31, 2024 | 1.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 114.00 Mn |
| Jun 30, 2023 | 6.00 Mn |
| Dec 31, 2022 | 4.00 Mn |
| Sep 30, 2022 | 1.00 Mn |
| Jun 30, 2022 | 6.00 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 5.00 Mn |
| Jun 30, 2021 | 5.00 Mn |
API Access
Norfolk Southern Purchase of Investments 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=purchase-of-investments&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "purchase-of-investments", "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=purchase-of-investments&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();