Norfolk Southern Balance Sheet

NSC / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.

Norfolk Southern had $45.2B in total assets and $15.5B in shareholders' equity as of FY2025.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 1.03 (distress zone, below 1.8 threshold)
Strong profit margin: 24.2%
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Cash & Equivalents	$1.5B	$1.6B	$1.6B	$456.0M	$839.0M	$1.1B	$580.0M	$358.0M	$690.0M	$956.0M	$1.1B	$973.0M	$276.0M	$827.0M	$996.0M
Accounts Receivable	$988.0M	$1.1B	$1.1B	$1.1B	$976.0M	$848.0M	$920.0M	$1.0B	$955.0M	$945.0M	$946.0M	$1.1B	$1.0B	$1.1B	$1.0B
Current Assets	$3.2B	$3.2B	$3.3B	$2.0B	$2.2B	$2.3B	$2.1B	$1.9B	$2.1B	$2.3B	$2.5B	$2.8B	$3.1B	$2.2B	$1.8B
PP&E (Net)	$36.5B	$35.8B	$33.3B	$32.2B	$31.7B	$31.3B	$31.6B	$31.1B	$30.3B	$29.8B	$29.0B	$27.7B	$26.6B	$25.7B	$24.5B
Total Assets	$45.2B	$43.7B	$41.7B	$38.9B	$38.5B	$38.0B	$37.9B	$36.2B	$35.7B	$34.9B	$34.1B	$33.2B	$32.5B	$30.3B	$28.5B
Current Liabilities	$3.8B	$3.5B	$2.6B	$2.6B	$2.5B	$2.2B	$2.3B	$2.6B	$2.5B	$2.3B	$2.2B	$1.8B	$2.3B	$2.1B	$1.7B
Total Debt	-	-	-	-	-	-	-	-	$9.7B	$10.1B	$9.9B	$8.9B	$9.3B	$8.5B	$7.4B
Shareholders' Equity	$15.5B	$14.3B	$12.8B	$14.8B	$15.2B	$15.4B	$16.4B	$16.4B	$16.4B	$12.4B	$12.2B	$12.4B	$9.9B	$10.7B	$10.4B

Other Financial Statements

Income Statement Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Norfolk Southern Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Cash & Equivalents

$1.5B

$1.6B

$456.0M

$839.0M

$1.1B

$580.0M

$358.0M

$690.0M

$956.0M

$1.1B

$973.0M

$276.0M

$827.0M

$996.0M

Accounts Receivable

$988.0M

$1.1B

$976.0M

$848.0M

$920.0M

$1.0B

$955.0M

$945.0M

$946.0M

$1.1B

$1.0B

$1.1B

$1.0B

Current Assets

$3.2B

$3.3B

$2.0B

$2.2B

$2.3B

$2.1B

$1.9B

$2.1B

$2.3B

$2.5B

$2.8B

$3.1B

$2.2B

$1.8B

PP&E (Net)

$36.5B

$35.8B

$33.3B

$32.2B

$31.7B

$31.3B

$31.6B

$31.1B

$30.3B

$29.8B

$29.0B

$27.7B

$26.6B

$25.7B

$24.5B

Total Assets

$45.2B

$43.7B

$41.7B

$38.9B

$38.5B

$38.0B

$37.9B

$36.2B

$35.7B

$34.9B

$34.1B

$33.2B

$32.5B

$30.3B

$28.5B

Current Liabilities

$3.8B

$3.5B

$2.6B

$2.5B

$2.2B

$2.3B

$2.6B

$2.5B

$2.3B

$2.2B

$1.8B

$2.3B

$2.1B

$1.7B

Total Debt

$9.7B

$10.1B

$9.9B

$8.9B

$9.3B

$8.5B

$7.4B

Shareholders' Equity

$15.5B

$14.3B

$12.8B

$14.8B

$15.2B

$15.4B

$16.4B

$12.4B

$12.2B

$12.4B

$9.9B

$10.7B

$10.4B