Norfolk Southern (NSC) Receivables (2009 - 2026)
Norfolk Southern's Receivables came in at $1.18 billion for Q2 2026, up 4.8% from $1.12 billion a year earlier and up 4.8% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Receivables (2009 - 2026) Analysis & Trends
At the end of FY2025, Norfolk Southern's Receivables was $988 million, down 7.6% from FY2024.
- Receivables has declined in each of the last three years, though with a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- Going back by year, Receivables was $1.07 billion in FY2024 (-6.8%), $1.15 billion in FY2023 (-0.1%), $1.15 billion in FY2022 (+17.6%) and $976 million in FY2021 (+15.1%).
- The Q2 2026 figure represents the highest quarterly Receivables since Q1 2025.
- Year-over-year, Receivables increased in three of the last eight quarters, with an average decline of 3.9%.
- The fastest year-over-year change in Receivables over five years came in Q2 2022 (growth of 28.4%), and the weakest in Q3 2025 (a decline of 15.4%).
- Business Quant data shows NSC's Receivables at $1.12 billion (Q1 2026), $988 million (Q4 2025) and $1.1 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 2.13 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 1.46 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 10.71 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 1.59 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 1.18 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 12.67 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 4.33 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 618.02 Mn |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 2.47 Bn |
| 10 | Ryanair Holdings | 28.53 Bn | 12.18 Bn | - | 109.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.18 Bn |
| Mar 31, 2026 | 1.12 Bn |
| Dec 31, 2025 | 988.00 Mn |
| Sep 30, 2025 | 1.10 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.23 Bn |
| Dec 31, 2024 | 1.07 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.19 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 1.15 Bn |
| Sep 30, 2023 | 1.24 Bn |
| Jun 30, 2023 | 1.09 Bn |
| Mar 31, 2023 | 1.17 Bn |
| Dec 31, 2022 | 1.15 Bn |
| Sep 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 1.21 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 976.00 Mn |
| Sep 30, 2021 | 945.00 Mn |
API Access
Norfolk Southern Receivables 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=receivables&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();