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NORFOLK SOUTHERN CORP Capital Expenditures 2007-2026 | NSC

Annual FY2007–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$2.20B

−7.4%YoY vs FY2024Source: 10-KFY2025

From $1.34B in FY2007 to $2.20B in FY2025: 1.6× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$382M−14.9%$439M−7.6%Not reportedNot reported
FY25$449M−19.4%$475M−16.4%$551M−5.2%$729M+8.0%
FY24$557M+30.1%$568M+9.2%$581M+7.0%$675M−19.3%
FY23$428M+10.0%$520M+16.1%$543M+22.0%$836M+25.5%
FY22$389M+46.8%$448M+23.8%$445M+11.8%$666M+49.7%
Share21%24%24%31%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+8.1%

FY2020
$1.49B
FY2025
$2.20B

5 years selected · on the chart

Capital Expenditures History

Year-over-year comparison from 10-K annual reports

  1. $2.20B
YoY changeLargest recent move+32.5%in FY22Latest −7.4%

Capital Expenditures, period by period

PeriodValueChangeSource
FY2025$2.20B−7.4%10-K
FY2024$2.38B+2.3%10-K
FY2023$2.33B+19.5%10-K
FY2022$1.95B+32.5%10-K
FY2021$1.47B−1.6%10-K
FY2020$1.49B−26.0%10-K
FY2019$2.02B+3.5%10-K
FY2018$1.95B+13.2%10-K
FY2017$1.72B−8.7%10-K
FY2016$1.89B−20.9%10-K
FY2015$2.38B+12.6%10-K
FY2014$2.12B+7.5%10-K
FY2013$1.97B−12.0%10-K
FY2012$2.24B+3.8%10-K
FY2011$2.16B+46.9%10-K
FY2010$1.47B+13.2%10-K
FY2009$1.30B−16.6%10-K
FY2008$1.56B+16.2%10-K
FY2007$1.34B—10-K

What is capital expenditures?

Capital expenditures (CapEx) can be defined as money spent on acquiring, maintaining, or upgrading physical assets such as property, buildings, and equipment.

What is NORFOLK SOUTHERN CORP's current capital expenditures?

NORFOLK SOUTHERN CORP (NSC) annual capital expenditures for 2025 was $2.20B, a 7.43% decline from 2024. NORFOLK SOUTHERN CORP capital expenditures for the quarter ending June 30, 2026 was $439.0M.

What was NORFOLK SOUTHERN CORP's capital expenditures in 2024?

NORFOLK SOUTHERN CORP annual capital expenditures for 2024 was $2.38B, a 2.32% increase from 2023.

What was NORFOLK SOUTHERN CORP's capital expenditures in 2023?

NORFOLK SOUTHERN CORP annual capital expenditures for 2023 was $2.33B, a 19.46% increase from 2022.

What is NORFOLK SOUTHERN CORP's 5-year capital expenditures CAGR?

NORFOLK SOUTHERN CORP capital expenditures grew at a compound annual growth rate (CAGR) of 8.09% from FY2020 to FY2025, going from $1.49B to $2.20B over 5 years.

Company
NORFOLK SOUTHERN CORP
Ticker
NSC
Sector
Other
Industry
Railroads, Line-Haul Operating