Norfolk Southern (NSC) Total Liabilities (2009 - 2026)
Norfolk Southern (NSC) posted Total Liabilities of $29.22 billion for Q3 2026, down 0.7% from $29.44 billion a year earlier but up 1.2% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Total Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Norfolk Southern's Total Liabilities came in at $29.69 billion, up 1.1% from FY2024.
- Annual Total Liabilities has increased for eight consecutive years, with a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- In prior years, Norfolk Southern's Total Liabilities was $29.38 billion in FY2024 (+1.7%), $28.87 billion in FY2023 (+10.4%), $26.15 billion in FY2022 (+5.2%) and $24.85 billion in FY2021 (+7.3%).
- Quarterly Total Liabilities has run from a low of $24.85 billion in Q4 2021 to a high of $29.69 billion in Q4 2025 over five years.
- On a year-over-year basis, Total Liabilities increased in three of the last eight quarters, with an average decline of 0.2%.
- The strongest year-over-year quarter for Total Liabilities in the past five years was Q1 2024, with growth of 11.9%; the weakest was Q2 2026, with a decline of 1.7%.
- According to Business Quant data, Total Liabilities for the three prior quarters was $28.87 billion (Q2 2026), $29.31 billion (Q1 2026) and $29.69 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 50.59 Bn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | 30.82 Bn |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 57.69 Bn |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | 30.08 Bn |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | 67.29 Bn |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 29.22 Bn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | 63.54 Bn |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | 67.37 Bn |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | 1.22 Bn |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | 11.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.22 Bn |
| Jun 30, 2026 | 28.87 Bn |
| Mar 31, 2026 | 29.31 Bn |
| Dec 31, 2025 | 29.69 Bn |
| Sep 30, 2025 | 29.44 Bn |
| Jun 30, 2025 | 29.37 Bn |
| Mar 31, 2025 | 29.29 Bn |
| Dec 31, 2024 | 29.38 Bn |
| Sep 30, 2024 | 29.47 Bn |
| Jun 30, 2024 | 29.58 Bn |
| Mar 31, 2024 | 29.59 Bn |
| Dec 31, 2023 | 28.87 Bn |
| Sep 30, 2023 | 28.12 Bn |
| Jun 30, 2023 | 26.62 Bn |
| Mar 31, 2023 | 26.44 Bn |
| Dec 31, 2022 | 26.15 Bn |
| Sep 30, 2022 | 26.28 Bn |
| Jun 30, 2022 | 26.18 Bn |
| Mar 31, 2022 | 25.90 Bn |
| Dec 31, 2021 | 24.85 Bn |
API Access
Norfolk Southern Total Liabilities 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=total-liabilities&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();