Company / Capital Expenditures
Norfolk Southern Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$2.2B
FY2025
5-year range
$1.5B / $2.4B
FY2021-FY2025
Trend
-7.4%
vs FY2024
Sector context
#13 of 336
Industrials
What the data says
Among 336 Industrials companies, Norfolk Southern is in the top 4% for capital expenditures. Capital Expenditures has fluctuated over the past 10 years, ranging from $1.5B in FY2022 to $2.4B in FY2024.
Based on SEC 10-K filings.
$2.2B in FY2025 with a 5-year CAGR of +2.5%. Top quartile in the Industrials sector.
Declined from $2.3B to $2.2B over the past 2 years.
Industrials sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +13.8%
- 5-Year CAGR
- +2.5%
- 10-Year CAGR
- -
Sector benchmark
Top 4% in IndustrialsTop 4% of 336This company $2.2B Sector average $298.9M
▼
+637.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +2.5%, indicating consistent growth.
- In FY2025, capital expenditures decreased 7.4% year-over-year.
- Ranks #13 out of 336 companies in the Industrials sector.
- Peak capital expenditures was recorded in FY2024.
Company context
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.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.2B | -7.4% |
| FY2024 | $2.4B | +2.3% |
| FY2023 | $2.3B | +55.8% |
| FY2022 | $1.5B | -26.0% |
| FY2021 | $2.0B | +3.5% |
| FY2020 | $2.0B | +13.2% |
| FY2019 | $1.7B | -8.7% |
| FY2018 | $1.9B | +9.5% |
| FY2017 | $1.7B | -8.7% |
| FY2016 | $1.9B | -20.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026