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Norfolk Southern Corporation (NSC)
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NSC Balance Sheet

Assets, liabilities, and equity analysis

NSC Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
3.024B3.024B3.198B3.036B2.907B2.701B3.188B2.690B2.304B
1.341B1.341B1.530B1.418B1.303B1.006B1.641B975.000M659.000M
Short-Term Investments
0.000.000.000.000.000.000.000.000.00
Cash & Short-Term Investments
1.341B1.341B1.530B1.418B1.303B1.006B1.641B975.000M659.000M
1.123B1.123B988.000M1.102B1.123B1.231B1.069B1.302B1.189B
0.000.000.000.00313.000M273.000M277.000M288.000M308.000M
Total Assets
45.113B45.113B45.236B44.580B44.155B43.800B43.682B43.255B42.558B
0.000.000.000.0035.921B35.803B35.831B35.390B35.280B
0.000.000.000.000.000.000.000.000.00
Intangible Assets
0.000.000.000.000.000.000.000.000.00
Long-Term Investments
4.116B4.116B4.089B4.081B4.038B4.003B3.370B3.968B3.812B
Total Current Liabilities
3.335B3.335B3.775B3.524B3.667B3.450B3.545B3.677B3.667B
1.695B1.695B1.863B1.657B1.504B1.445B985.000M1.614B1.535B
609.000M609.000M607.000M607.000M903.000M555.000M555.000M555.000M655.000M
Total Liabilities
29.309B29.309B29.689B29.439B29.368B29.289B29.376B29.470B29.579B
16.492B16.492B16.480B16.476B16.464B16.660B16.651B16.644B16.937B
17.101B17.101B17.087B17.083B17.367B17.215B17.478B17.199B17.592B
Net Debt (Cash)
15.760B15.760B15.557B15.665B16.064B16.209B15.837B16.224B16.933B
Total Shareholders' Equity
15.804B15.804B15.547B15.141B14.787B14.511B14.306B13.785B12.979B
Common Stock
226.000M226.000M226.000M226.000M226.000M227.000M228.000M228.000M227.000M
13.477B13.477B13.235B12.894B12.563B12.296B12.093B11.666B10.874B
0.910.910.850.860.790.780.900.730.63
1.081.081.101.131.171.191.221.251.36

NSC Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
3.198B3.188B3.271B2.007B2.167B2.318B2.081B1.862B
1.530B1.641B1.568B456.000M839.000M1.115B580.000M358.000M
Short-Term Investments
0.000.000.000.000.000.000.000.00
Cash & Short-Term Investments
1.530B1.641B1.568B456.000M839.000M1.115B580.000M358.000M
988.000M1.069B1.147B1.148B976.000M848.000M920.000M1.009B
0.00277.000M264.000M253.000M218.000M221.000M244.000M207.000M
Total Assets
45.236B43.682B41.652B38.885B38.493B37.962B37.923B36.239B
0.0035.831B33.326B32.156B31.653B31.345B31.614B31.091B
0.000.000.000.000.000.000.000.00
Intangible Assets
0.000.000.000.000.00-399.000M-388.000M-380.000M
Long-Term Investments
4.089B3.370B3.839B3.694B3.707B3.590B3.428B3.109B
Total Current Liabilities
3.775B3.545B2.632B2.649B2.521B2.160B2.300B2.591B
1.863B985.000M997.000M712.000M850.000M552.000M710.000M828.000M
607.000M555.000M4.000M703.000M553.000M579.000M316.000M585.000M
Total Liabilities
29.689B29.376B28.871B26.152B24.852B23.171B22.739B20.877B
16.480B16.651B17.175B14.479B13.287B12.102B11.880B10.560B
17.087B17.478B17.571B15.592B14.253B13.114B12.734B11.145B
Net Debt (Cash)
15.557B15.837B16.003B15.136B13.414B11.999B12.154B10.787B
Total Shareholders' Equity
15.547B14.306B12.781B12.733B13.641B14.791B15.184B15.362B
Common Stock
226.000M228.000M227.000M230.000M242.000M254.000M259.000M269.000M
13.235B12.093B10.695B10.697B11.586B12.883B13.207B13.440B
0.850.901.240.760.861.070.900.72
1.101.221.371.221.040.890.840.73

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Norfolk Southern Corporation

Norfolk Southern Corporation (NSC), operating through its various subsidiaries, is a prominent rail transport provider in the United States. The company's core business involves the conveyance of raw materials, semi-finished goods, and completed merchandise across the nation. Its extensive freight services cover a broad spectrum of commodities. This includes a variety of agricultural and forestry products like grains (e.g., soybeans, wheat, corn), fertilizers, animal feeds, and diverse foodstuffs such as oils, flour, sweeteners, beverages, and canned goods, alongside lumber and paper products. NSC also handles a wide range of chemicals, from sulfur and petroleum derivatives to chlorine compounds, plastics, industrial chemicals, and sand. Furthermore, the company moves metals and construction supplies, including steel, aluminum, heavy machinery, cement, aggregates, and specialized military equipment. Transportation of both finished motor vehicles and automotive components is a significant segment, as is the consistent shipment of coal. Beyond its principal freight operations, Norfolk Southern facilitates global trade by connecting with various Atlantic and Gulf Coast ports for overseas cargo. The corporation also manages an expansive intermodal network and offers commuter passenger rail services. As of the close of 2021, the company's vast railway infrastructure extended over roughly 19,300 route miles, serving 22 states and the District of Columbia. Norfolk Southern Corporation, originally incorporated in 1980, is based in Atlanta, Georgia.

Atlanta, GA
19,600 employees
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Mark R. George