Norfolk Southern (NSC) Total Liabilities (2009 - 2026)
Norfolk Southern (NSC) posted quarterly Total Liabilities of $28.9 billion for Q2 2026, down 1.7% year-over-year from $29.4 billion in Q2 2025, and down 1.5% quarter-over-quarter from $29.3 billion in Q1 2026.
Norfolk Southern (NSC) Total Liabilities (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported Total Liabilities for 18 consecutive years, with $28.9 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Total Liabilities fell 1.7% year-over-year to $28.9 billion; the TTM figure through Jun 2026 stood at $28.9 billion (down 1.7% YoY), while the FY2025 annual figure was $29.7 billion, up 1.07% from the prior year.
- Total Liabilities fell to $28.9 billion in Q2 2026 per NSC's latest filing, from $29.3 billion in the prior quarter.
- Across five years, Total Liabilities topped out at $29.7 billion in Q4 2025 and bottomed at $25.9 billion in Q1 2022.
- Historically, Total Liabilities has averaged $28.3 billion across 5 years, with a median of $29.1 billion in 2023.
- Annual changes were most pronounced in 2024 — Total Liabilities grew 11.91% — and 2026, when it decreased 1.7%.
- Norfolk Southern's Total Liabilities stood at $26.2 billion in 2022, then advanced by 10.4% to $28.9 billion in 2023, then increased by 1.75% to $29.4 billion in 2024, then grew by 1.07% to $29.7 billion in 2025, then dropped by 2.76% to $28.9 billion in 2026.
- Business Quant data shows NSC's Total Liabilities at $28.9 billion in Q2 2026, $29.3 billion in Q1 2026, and $29.7 billion in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 50.54 Bn |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 30.64 Bn |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 30.13 Bn |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | - |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | 28.87 Bn |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 11.88 Bn |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 7.09 Bn |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 4.35 Bn |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 334.16 Mn |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | 397.46 Mn |
Historic Data
Download 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 |