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NORFOLK SOUTHERN CORP Long-Term Debt 2008-2026 | NSC

Annual FY2008–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$16.48B

−1.0%YoY vs FY2024Source: 10-KFY2025

From $6.18B in FY2008 to $16.48B in FY2025: 2.7× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$16.5B−1.0%$16.0B−3.0%Not reportedNot reported
FY25$16.7B−3.0%$16.5B−2.8%$16.5B−1.0%$16.5B−1.0%
FY24$17.2B+17.8%$16.9B+16.1%$16.6B+2.9%$16.7B−3.1%
FY23$14.6B+6.5%$14.6B+1.0%$16.2B+11.9%$17.2B+18.6%
FY22$13.7B+13.0%$14.4B+14.1%$14.5B+9.0%$14.5B+9.0%

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.

Key Statistics

Trend DirectionStable
CAGR

+6.4%

FY2020
$12.10B
FY2025
$16.48B

5 years selected · on the chart

Long-Term Debt History

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

  1. $16.48B
YoY changeLargest recent move+18.6%in FY23Latest −1.0%

Long-Term Debt, period by period

PeriodValueChangeSource
FY2025$16.48B−1.0%10-K
FY2024$16.65B−3.1%10-K
FY2023$17.18B+18.6%10-K
FY2022$14.48B+9.0%10-K
FY2021$13.29B+9.8%10-K
FY2020$12.10B+1.9%10-K
FY2019$11.88B+12.5%10-K
FY2018$10.56B+15.6%10-K
FY2017$9.14B−4.5%10-K
FY2016$9.56B+1.8%10-K
FY2015$9.39B+5.7%10-K
FY2014$8.88B−0.2%10-K
FY2013$8.90B+5.6%10-K
FY2012$8.43B+14.1%10-K
FY2011$7.39B+12.5%10-K
FY2010$6.57B−1.7%10-K
FY2009$6.68B+8.0%10-K
FY2008$6.18B—10-K

What is long-term debt?

Long-term debt includes bonds, mortgages, and other borrowings with maturities greater than one year.

What is NORFOLK SOUTHERN CORP's current long-term debt?

NORFOLK SOUTHERN CORP (NSC) annual long-term debt for 2025 was $16.48B, a 1.03% decline from 2024. NORFOLK SOUTHERN CORP long-term debt for the quarter ending June 30, 2026 was $15.97B.

What was NORFOLK SOUTHERN CORP's long-term debt in 2024?

NORFOLK SOUTHERN CORP annual long-term debt for 2024 was $16.65B, a 3.05% decline from 2023.

What was NORFOLK SOUTHERN CORP's long-term debt in 2023?

NORFOLK SOUTHERN CORP annual long-term debt for 2023 was $17.18B, a 18.62% increase from 2022.

What is NORFOLK SOUTHERN CORP's 5-year long-term debt CAGR?

NORFOLK SOUTHERN CORP long-term debt grew at a compound annual growth rate (CAGR) of 6.37% from FY2020 to FY2025, going from $12.10B to $16.48B over 5 years.

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