Company / Interest Expense
Norfolk Southern Interest Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$807.0M
FY2024
5-year range
$604.0M / $807.0M
FY2020-FY2024
Trend
+11.8%
vs FY2023
Sector context
#2 of 113
Industrials
What the data says
Among 113 Industrials companies, Norfolk Southern is in the bottom 2% for interest expense. Interest Expense has increased for 5 consecutive years, from $550M in FY2019 to $807M in FY2024.
Based on SEC 10-K filings.
$807M in FY2024 with a 5-year CAGR of +8.0%. Ranks 2nd among 113 companies in Industrials.
Increased from $625M to $807M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +10.1%
- 5-Year CAGR
- +8.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in IndustrialsTop 98% of 113This company $807.0M Sector average $104.4M
▼
+672.8% above sector average
Key checks
Key Insights
- Norfolk Southern's interest expense has grown for 5 consecutive years.
- 5-year CAGR of +8.0%, indicating consistent growth.
- In FY2024, interest expense increased 11.8% year-over-year.
- Ranks #2 out of 113 companies in the Industrials sector.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $807.0M | +11.8% |
| FY2023 | $722.0M | +15.5% |
| FY2022 | $625.0M | +3.5% |
| FY2021 | $604.0M | +8.4% |
| FY2020 | $557.0M | +1.3% |
| FY2019 | $550.0M | -2.3% |
| FY2018 | $563.0M | +2.4% |
| FY2017 | $550.0M | -2.3% |
| FY2016 | $563.0M | +3.3% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026