Norfolk Southern Corporation (NSC)

Debt-to-equity ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 15,547,000 14,306,000 12,781,000 12,733,000 13,641,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $15,547,000K
= 0.00


Peer comparison

Dec 31, 2025

Company name
Symbol
Debt-to-equity ratio
Norfolk Southern Corporation
NSC
0.00
CSX Corporation
CSX
0.00
Greenbrier Companies Inc
GBX
0.00
Union Pacific Corporation
UNP
0.00

See also:

Norfolk Southern Corporation Debt to Equity