Norfolk Southern (NSC) Total Non-Current Liabilities (2009 - 2026)
Norfolk Southern (NSC) reported Total Non-Current Liabilities of $27.52 billion for Q3 2026, down 0.8% from $27.73 billion a year earlier but up 1.3% from the prior quarter.
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Analysis
Norfolk Southern (NSC) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Norfolk Southern posted Total Non-Current Liabilities of $27.97 billion, up 1.3% from FY2024.
- Total Non-Current Liabilities has increased for eight consecutive years, with a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- By year, Total Non-Current Liabilities came in at $27.62 billion in FY2024 (+2.2%), $27.03 billion in FY2023 (+10.8%), $24.39 billion in FY2022 (+6.2%) and $22.97 billion in FY2021 (+8.4%).
- Five-year quarterly Total Non-Current Liabilities spans a low of $22.97 billion in Q4 2021 and a high of $27.97 billion in Q4 2025.
- Year over year, Total Non-Current Liabilities gained in three of the last eight quarters, with an average decline of 0.1%.
- The high point for year-over-year Total Non-Current Liabilities in five years was Q1 2024 (growth of 12.8%); the low point was Q2 2026 (a decline of 1.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $27.16 billion (Q2 2026), $27.59 billion (Q1 2026) and $27.97 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 48.84 Bn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | 30.27 Bn |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 53.87 Bn |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | 29.45 Bn |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | 60.43 Bn |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 27.52 Bn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | 29.96 Bn |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | 40.73 Bn |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | 639.21 Mn |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | 1.23 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.52 Bn |
| Jun 30, 2026 | 27.16 Bn |
| Mar 31, 2026 | 27.59 Bn |
| Dec 31, 2025 | 27.97 Bn |
| Sep 30, 2025 | 27.73 Bn |
| Jun 30, 2025 | 27.66 Bn |
| Mar 31, 2025 | 27.59 Bn |
| Dec 31, 2024 | 27.62 Bn |
| Sep 30, 2024 | 27.68 Bn |
| Jun 30, 2024 | 27.83 Bn |
| Mar 31, 2024 | 27.83 Bn |
| Dec 31, 2023 | 27.03 Bn |
| Sep 30, 2023 | 26.30 Bn |
| Jun 30, 2023 | 24.81 Bn |
| Mar 31, 2023 | 24.66 Bn |
| Dec 31, 2022 | 24.39 Bn |
| Sep 30, 2022 | 24.45 Bn |
| Jun 30, 2022 | 24.34 Bn |
| Mar 31, 2022 | 24.06 Bn |
| Dec 31, 2021 | 22.97 Bn |
API Access
Norfolk Southern Total Non-Current 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-non-current-liabilities&ticker=NSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=NSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();