Norfolk Southern (NSC) Tax Provisions (2009 - 2026)
Norfolk Southern (NSC) reported Tax Provisions of $168.0 million for Q1 2026, down 26.32% year-over-year from $228.0 million in Q1 2025, and up 38.84% on a QoQ basis from $121.0 million in Q4 2025.
Norfolk Southern (NSC) has 18 years of Tax Provisions data on file, last reported at $168.0 million in Q1 2026.
- Quarterly Tax Provisions fell 26.32% year-over-year to $168.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $732.0 million (down 23.59% YoY) and the FY2025 annual result came in at $792.0 million, up 12.02% from the prior year.
- Tax Provisions improved to $168.0 million in Q1 2026 per NSC's latest filing, from $121.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $328.0 million in Q3 2024 and bottomed at -$23.0 million in Q1 2024.
- The 5-year median for Tax Provisions is $195.0 million (2024), against an average of $177.6 million.
- The widest annual swing landed in 2024, when Tax Provisions tumbled 118.25%; it then soared 1091.3% in 2025.
- Tracing NSC's Tax Provisions over 5 years: stood at $248.0 million in 2022, then tumbled by 50.0% to $124.0 million in 2023, then soared by 57.26% to $195.0 million in 2024, then slumped by 37.95% to $121.0 million in 2025, then jumped by 38.84% to $168.0 million in 2026.
- Per Business Quant, the three latest NSC Tax Provisions figures stand at $168.0 million (Q1 2026), $121.0 million (Q4 2025), and $213.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 528.00 Mn |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 256.00 Mn |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 168.00 Mn |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 200.53 Mn |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 106.00 Mn |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 8.50 Mn |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 1.70 Mn |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | -81,000.00 |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 222.00 Mn |
| Mar 31, 2021 | 193.00 Mn |
| Dec 31, 2020 | 196.00 Mn |
| Sep 30, 2020 | 155.00 Mn |
| Jun 30, 2020 | 111.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Dec 31, 2019 | 162.00 Mn |
| Sep 30, 2019 | 211.00 Mn |
| Jun 30, 2019 | 212.00 Mn |
| Mar 31, 2019 | 184.00 Mn |
| Dec 31, 2018 | 228.00 Mn |
| Sep 30, 2018 | 206.00 Mn |
| Jun 30, 2018 | 214.00 Mn |
| Mar 31, 2018 | 155.00 Mn |
| Dec 31, 2017 | -3.08 Bn |
| Sep 30, 2017 | 294.00 Mn |
| Jun 30, 2017 | 283.00 Mn |
| Mar 31, 2017 | 222.00 Mn |
| Dec 31, 2016 | 225.00 Mn |
| Sep 30, 2016 | 245.00 Mn |
| Jun 30, 2016 | 231.00 Mn |
| Mar 31, 2016 | 213.00 Mn |
| Dec 31, 2015 | 163.00 Mn |
| Sep 30, 2015 | 272.00 Mn |
| Jun 30, 2015 | 266.00 Mn |
| Mar 31, 2015 | 185.00 Mn |
| Dec 31, 2014 | 279.00 Mn |
| Sep 30, 2014 | 333.00 Mn |
| Jun 30, 2014 | 336.00 Mn |
| Mar 31, 2014 | 186.00 Mn |
| Dec 31, 2013 | 270.00 Mn |
| Sep 30, 2013 | 266.00 Mn |
| Jun 30, 2013 | 272.00 Mn |
| Mar 31, 2013 | 247.00 Mn |
| Dec 31, 2012 | 208.00 Mn |
| Sep 30, 2012 | 238.00 Mn |
| Jun 30, 2012 | 319.00 Mn |
| Mar 31, 2012 | 244.00 Mn |
| Dec 31, 2011 | -284.00 Mn |
| Sep 30, 2011 | 330.00 Mn |
| Jun 30, 2011 | 239.00 Mn |
| Mar 31, 2011 | 190.00 Mn |
| Dec 31, 2010 | -152.00 Mn |
| Sep 30, 2010 | 269.00 Mn |
| Jun 30, 2010 | 243.00 Mn |
| Mar 31, 2010 | 199.00 Mn |
| Dec 31, 2009 | 160.00 Mn |
| Sep 30, 2009 | 178.00 Mn |
| Jun 30, 2009 | 144.00 Mn |
| Mar 31, 2009 | 106.00 Mn |