Norfolk Southern (NSC) Times Interest Earned (2009 - 2026)
Norfolk Southern's Times Interest Earned came in at 5.96 for Q3 2026, up 6.9% from 5.57 a year earlier and up 4.4% from the prior quarter.
Norfolk Southern (NSC) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Norfolk Southern reported Times Interest Earned of 5.23, down 8.5% year-over-year; for FY2025, it came in at 5.50, up 9.0% from FY2024.
- Going back by year, Times Interest Earned was 5.04 in FY2024 (+27.8%), 3.95 in FY2023 (-43.2%), 6.95 in FY2022 (+1.0%) and 6.88 in FY2021 (+43.3%).
- The Q3 2026 figure represents the highest quarterly Times Interest Earned since Q3 2024.
- Year-over-year, Times Interest Earned increased in four of the last eight quarters, with growth averaging 52.9%.
- The fastest year-over-year change in Times Interest Earned over five years came in Q1 2025 (growth of 443.4%), and the weakest in Q1 2024 (a decline of 73.9%).
- Business Quant data shows NSC's Times Interest Earned at 5.71 (Q2 2026), 4.45 (Q1 2026) and 4.81 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 9.43 |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 7.58 |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 6.03 |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | - |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | - |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 5.96 |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | - |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 4.03 |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 14,145.16 |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.96 |
| Jun 30, 2026 | 5.71 |
| Mar 31, 2026 | 4.45 |
| Dec 31, 2025 | 4.81 |
| Sep 30, 2025 | 5.57 |
| Jun 30, 2025 | 5.85 |
| Mar 31, 2025 | 5.76 |
| Dec 31, 2024 | 5.68 |
| Sep 30, 2024 | 7.86 |
| Jun 30, 2024 | 5.54 |
| Mar 31, 2024 | 1.06 |
| Dec 31, 2023 | 4.14 |
| Sep 30, 2023 | 4.15 |
| Jun 30, 2023 | 3.39 |
| Mar 31, 2023 | 4.06 |
| Dec 31, 2022 | 6.67 |
| Sep 30, 2022 | 7.19 |
| Jun 30, 2022 | 7.48 |
| Mar 31, 2022 | 6.46 |
| Dec 31, 2021 | 6.84 |
Norfolk Southern Times Interest Earned 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=times-interest-earned&ticker=NSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();