Norfolk Southern Corporation (NSC)
Cash ratio
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,530,000 | 1,418,000 | 1,303,000 | 1,006,000 | 1,641,000 | 975,000 | 659,000 | 652,000 | 1,568,000 | 1,506,000 | 556,000 | 552,000 | 456,000 | 1,214,000 | 1,259,000 | 1,571,000 | 839,000 | 1,465,000 | 1,670,000 | 998,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 3,684,000 | 3,658,000 | 3,604,000 |
| Total current liabilities | US$ in thousands | 3,775,000 | 3,524,000 | 3,667,000 | 3,450,000 | 3,545,000 | 3,677,000 | 3,667,000 | 3,447,000 | 2,632,000 | 2,914,000 | 2,986,000 | 2,824,000 | 2,649,000 | 2,798,000 | 2,609,000 | 3,147,000 | 2,521,000 | 2,410,000 | 2,796,000 | 2,249,000 |
| Cash ratio | 0.41 | 0.40 | 0.36 | 0.29 | 0.46 | 0.27 | 0.18 | 0.19 | 0.60 | 0.52 | 0.19 | 0.20 | 0.17 | 0.43 | 0.48 | 0.50 | 0.33 | 2.14 | 1.91 | 2.05 |
December 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,530,000K
+ $—K)
÷ $3,775,000K
= 0.41
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash ratio
Norfolk Southern Corporation
NSC
0.41
CSX Corporation
CSX
0.21
Greenbrier Companies Inc
GBX
29.14
Union Pacific Corporation
UNP
0.25