Norfolk Southern (NSC) Tax Provisions (2009 - 2026)
Norfolk Southern (NSC) reported Tax Provisions of $228 million for Q3 2026, up 7.0% from $213 million a year earlier and up 1.3% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Norfolk Southern's Tax Provisions came in at $742 million, down 14.3% 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%).
- The Q3 2026 figure ranks as the highest quarterly Tax Provisions since Q2 2025.
- Year over year, Tax Provisions gained in three of the last seven quarters, with an average decline of 3.7%.
- 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 Q3 2026 came in at $225 million (Q2 2026), $168 million (Q1 2026) and $121 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 650.00 Mn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | 332.00 Mn |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 408.00 Mn |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | 320.02 Mn |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | 510.00 Mn |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 228.00 Mn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | 318.00 Mn |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | 282.00 Mn |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | 111.28 Mn |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 228.00 Mn |
| 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 |
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();