Norfolk Southern (NSC) Total Liabilities (2009 - 2026)
Norfolk Southern (NSC) posted Total Liabilities of $28.87 billion for Q2 2026, down 1.7% from $29.37 billion a year earlier and down 1.5% from the prior quarter.
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%).
- The Q2 2026 figure stands as the lowest quarterly Total Liabilities since Q3 2023.
- On a year-over-year basis, Total Liabilities increased in four of the last eight quarters, with growth averaging 0.5%.
- 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 $29.31 billion (Q1 2026), $29.69 billion (Q4 2025) and $29.44 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 50.54 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 30.64 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 30.13 Bn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 56.17 Bn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 28.87 Bn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 67.29 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 64.51 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 1.19 Bn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 10.09 Bn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 930.52 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 24.72 Bn |
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_KEY
import 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();