Norfolk Southern (NSC) Tax Provisions (2009 - 2026)
Norfolk Southern (NSC) reported Tax Provisions of $225 million for Q2 2026, down 2.2% from $230 million a year earlier but up 33.9% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Norfolk Southern's Tax Provisions came in at $727 million, down 25.9% year-over-year; for FY2025, it came in at $792 million, up 12.0% from FY2024.
- Tax Provisions has a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- By year, Tax Provisions came in at $707 million in FY2024 (+43.4%), $493 million in FY2023 (-42.7%), $860 million in FY2022 (-1.5%) and $873 million in FY2021 (+68.9%).
- Five-year quarterly Tax Provisions spans a low of -$23 million in Q1 2024 and a high of $328 million in Q3 2024.
- Year over year, Tax Provisions has now declined in each of the last four quarters, with growth averaging 15.4% over the last seven quarters.
- The high point for year-over-year Tax Provisions in five years was Q3 2024 (growth of 141.2%); the low point was Q2 2023 (a decline of 60.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $168 million (Q1 2026), $121 million (Q4 2025) and $213 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 562.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 318.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 242.18 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 157.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 225.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 510.00 Mn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 405.00 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 116.87 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | -64.16 Mn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 77.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 225.00 Mn |
| Mar 31, 2026 | 168.00 Mn |
| Dec 31, 2025 | 121.00 Mn |
| Sep 30, 2025 | 213.00 Mn |
| Jun 30, 2025 | 230.00 Mn |
| Mar 31, 2025 | 228.00 Mn |
| Dec 31, 2024 | 195.00 Mn |
| Sep 30, 2024 | 328.00 Mn |
| Jun 30, 2024 | 207.00 Mn |
| Mar 31, 2024 | -23.00 Mn |
| Dec 31, 2023 | 124.00 Mn |
| Sep 30, 2023 | 136.00 Mn |
| Jun 30, 2023 | 107.00 Mn |
| Mar 31, 2023 | 126.00 Mn |
| Dec 31, 2022 | 248.00 Mn |
| Sep 30, 2022 | 135.00 Mn |
| Jun 30, 2022 | 268.00 Mn |
| Mar 31, 2022 | 209.00 Mn |
| Dec 31, 2021 | 225.00 Mn |
| Sep 30, 2021 | 233.00 Mn |
API Access
Norfolk Southern Tax Provisions 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=tax-provisions&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();