Norfolk Southern Current Ratio Growth & History (NSC)
Norfolk Southern's current ratio was 0.85 for fiscal 2025.
View full Norfolk Southern company overviewNorfolk Southern annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.85 | −0.05 | −5.80% |
| 2024 | 2024-12-31 | 0.90 | −0.34 | −27.64% |
| 2023 | 2023-12-31 | 1.24 | 0.49 | +64.03% |
| 2022 | 2022-12-31 | 0.76 | −0.10 | −11.86% |
| 2021 | 2021-12-31 | 0.86 | −0.21 | −19.90% |
| 2020 | 2020-12-31 | 1.07 | 0.17 | +18.61% |
| 2019 | 2019-12-31 | 0.90 | 0.19 | +25.90% |
| 2018 | 2018-12-31 | 0.72 | −0.13 | −14.89% |
| 2017 | 2017-12-31 | 0.84 | −0.14 | −13.79% |
| 2016 | 2016-12-31 | 0.98 | −0.15 | −13.01% |
| 2015 | 2015-12-31 | 1.13 | −0.43 | −27.85% |
| 2014 | 2014-12-31 | 1.56 | 0.23 | +16.99% |
| 2013 | 2013-12-31 | 1.33 | 0.26 | +23.83% |
| 2012 | 2012-12-31 | 1.08 | 0.05 | +4.66% |
| 2011 | 2011-12-31 | 1.03 | −0.16 | −13.27% |
| 2010 | 2010-12-31 | 1.19 | −0.07 | −5.47% |
| 2009 | 2009-12-31 | 1.26 | 0.31 | +32.20% |
| 2008 | 2008-12-31 | 0.95 | — | — |
Norfolk Southern quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.83 | 0.04 | +4.85% |
| Q1 2026 | 2026-03-31 | 0.91 | 0.12 | +15.82% |
| Q4 2025 | 2025-12-31 | 0.85 | −0.05 | −5.80% |
| Q3 2025 | 2025-09-30 | 0.86 | 0.13 | +17.76% |
| Q2 2025 | 2025-06-30 | 0.79 | 0.16 | +26.17% |
| Q1 2025 | 2025-03-31 | 0.78 | 0.10 | +14.54% |
| Q4 2024 | 2024-12-31 | 0.90 | −0.34 | −27.64% |
| Q3 2024 | 2024-09-30 | 0.73 | −0.35 | −32.15% |
| Q2 2024 | 2024-06-30 | 0.63 | −0.05 | −7.63% |
| Q1 2024 | 2024-03-31 | 0.68 | −0.07 | −9.04% |
| Q4 2023 | 2023-12-31 | 1.24 | 0.49 | +64.03% |
| Q3 2023 | 2023-09-30 | 1.08 | 0.11 | +11.12% |
| Q2 2023 | 2023-06-30 | 0.68 | −0.41 | −37.89% |
| Q1 2023 | 2023-03-31 | 0.75 | −0.21 | −21.57% |
| Q4 2022 | 2022-12-31 | 0.76 | −0.10 | −11.86% |
| Q3 2022 | 2022-09-30 | 0.97 | −0.16 | −14.09% |
| Q2 2022 | 2022-06-30 | 1.10 | 0.02 | +1.65% |
| Q1 2022 | 2022-03-31 | 0.96 | −0.07 | −6.44% |
| Q4 2021 | 2021-12-31 | 0.86 | −0.21 | −19.90% |
| Q3 2021 | 2021-09-30 | 1.13 | −0.16 | −12.19% |
| Q2 2021 | 2021-06-30 | 1.08 | −0.14 | −11.30% |
| Q1 2021 | 2021-03-31 | 1.02 | 0.13 | +14.37% |
| Q4 2020 | 2020-12-31 | 1.07 | 0.17 | +18.61% |
| Q3 2020 | 2020-09-30 | 1.29 | 0.56 | +76.16% |
| Q2 2020 | 2020-06-30 | 1.21 | 0.43 | +55.52% |
| Q1 2020 | 2020-03-31 | 0.90 | 0.23 | +34.40% |
| Q4 2019 | 2019-12-31 | 0.90 | 0.19 | +25.90% |
| Q3 2019 | 2019-09-30 | 0.73 | −0.13 | −15.49% |
| Q2 2019 | 2019-06-30 | 0.78 | −0.03 | −3.54% |
| Q1 2019 | 2019-03-31 | 0.67 | −0.37 | −35.83% |
| Q4 2018 | 2018-12-31 | 0.72 | −0.13 | −14.89% |
| Q3 2018 | 2018-09-30 | 0.86 | 0.04 | +4.29% |
| Q2 2018 | 2018-06-30 | 0.81 | −0.02 | −2.03% |
| Q1 2018 | 2018-03-31 | 1.04 | 0.09 | +8.99% |
| Q4 2017 | 2017-12-31 | 0.84 | −0.14 | −13.79% |
| Q3 2017 | 2017-09-30 | 0.83 | −0.21 | −20.20% |
| Q2 2017 | 2017-06-30 | 0.83 | −0.24 | −22.24% |
| Q1 2017 | 2017-03-31 | 0.95 | −0.12 | −11.29% |
| Q4 2016 | 2016-12-31 | 0.98 | −0.15 | −13.01% |
| Q3 2016 | 2016-09-30 | 1.04 | 0.19 | +22.73% |
| Q2 2016 | 2016-06-30 | 1.06 | −0.03 | −2.98% |
| Q1 2016 | 2016-03-31 | 1.07 | 0.07 | +6.76% |
| Q4 2015 | 2015-12-31 | 1.13 | −0.43 | −27.85% |
| Q3 2015 | 2015-09-30 | 0.85 | −0.60 | −41.54% |
| Q2 2015 | 2015-06-30 | 1.10 | −0.28 | −20.58% |
| Q1 2015 | 2015-03-31 | 1.01 | −0.34 | −25.42% |
| Q4 2014 | 2014-12-31 | 1.56 | 0.23 | +16.99% |
| Q3 2014 | 2014-09-30 | 1.45 | 0.38 | +35.27% |
| Q2 2014 | 2014-06-30 | 1.38 | 0.23 | +20.47% |
| Q1 2014 | 2014-03-31 | 1.35 | 0.13 | +10.53% |
| Q4 2013 | 2013-12-31 | 1.33 | 0.26 | +23.83% |
| Q3 2013 | 2013-09-30 | 1.07 | −0.14 | −11.29% |
| Q2 2013 | 2013-06-30 | 1.14 | 0.08 | +7.81% |
| Q1 2013 | 2013-03-31 | 1.22 | 0.01 | +1.08% |
| Q4 2012 | 2012-12-31 | 1.08 | 0.05 | +4.66% |
| Q3 2012 | 2012-09-30 | 1.21 | 0.26 | +27.89% |
| Q2 2012 | 2012-06-30 | 1.06 | −0.26 | −19.58% |
| Q1 2012 | 2012-03-31 | 1.21 | 0.04 | +3.24% |
| Q4 2011 | 2011-12-31 | 1.03 | −0.16 | −13.27% |
| Q3 2011 | 2011-09-30 | 0.94 | −0.40 | −30.01% |
| Q2 2011 | 2011-06-30 | 1.32 | 0.12 | +9.88% |
| Q1 2011 | 2011-03-31 | 1.17 | −0.04 | −3.10% |
| Q4 2010 | 2010-12-31 | 1.19 | −0.07 | −5.47% |
| Q3 2010 | 2010-09-30 | 1.35 | 0.15 | +12.55% |
| Q2 2010 | 2010-06-30 | 1.20 | — | — |
| Q1 2010 | 2010-03-31 | 1.21 | — | — |
| Q4 2009 | 2009-12-31 | 1.26 | 0.31 | +32.20% |
| Q3 2009 | 2009-09-30 | 1.20 | — | — |
| Q4 2008 | 2008-12-31 | 0.95 | — | — |
Norfolk Southern current ratio trends
Over the last five fiscal years, Norfolk Southern's current ratio decreased from 1.07 to 0.85, a change of −0.23. The latest reported quarter, Q2 2026, shows 0.83.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Norfolk Southern source filings ↗Community posts
Norfolk Southern grows earnings despite a higher operating ratio
Norfolk Southern ($NSC) reported third-quarter 2026 railway revenue of $3.5 billion, up 14%, on a 3% increase in traffic volume. Higher fuel surcharges accounted for eight percentage points of the revenue growth. GAAP earnings increased 7% ...