Norfolk Southern (NSC) Receivables - Net (2009 - 2026)
Norfolk Southern (NSC) reported Receivables - Net of $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 - Net (2009 - 2026) Analysis & Trends
At the end of FY2025, Norfolk Southern posted Receivables - Net of $988 million, down 7.6% from FY2024.
- Receivables - Net has declined for three consecutive years, though with a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- By year, Receivables - Net came in at $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 ranks as the highest quarterly Receivables - Net since Q1 2025.
- Year over year, Receivables - Net gained in three of the last eight quarters, with an average decline of 3.6%.
- The high point for year-over-year Receivables - Net in five years was Q2 2022 (growth of 28.4%); the low point was Q3 2025 (a decline of 15.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.12 billion (Q1 2026), $988 million (Q4 2025) and $1.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 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 | 1.21 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 - 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=receivables-net&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-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=receivables-net&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();