Companies: 10,795·Total market cap: $144.5T
Norfolk Southern Corporation

Norfolk Southern Corporation

NSCNYSEIndustrials● Active
$310.87
$-2.58(-0.82%)
Market Cap$69.8B
P/E Ratio—
52W High$326
52W Low$245.19
Cash on HandFinancialsRevenue

Norfolk Southern Corporation (NSC) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

NSC · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$1.53B▼ -6.8% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$1.53B
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
-6.8%
vs prior fiscal year
Latest Quarter
$1.34B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$1.53BCash on Hand
Total Debt$17.09BTotal Debt
Net Cash / Net Debt−$15.56BNet Debt Position
Cash vs Debt Ratio
Cash 8%Debt 92%

Norfolk Southern Corporation carries a net debt position of $15.56B. Total debt ($17.09B) exceeds cash on hand ($1.53B). Norfolk Southern Corporation cash vs debt ratio: 8% cash / 92% debt.

Net Cash = Cash & ST Investments − Total Debt$1.53B − $17.09B = −$15.56B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
NSC annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$1.53B-6.8%
Dec 31, 2024$1.64B+4.7%
Dec 31, 2023$1.57B+243.9%
Dec 31, 2022$456.0M-45.6%
Dec 31, 2021$839.0M-24.8%
NSC cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Industrials Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
The Boeing Company
The Boeing Company
BA
$29.40B17.3%#2
GE Aerospace
GE Aerospace
GE
$12.39B3.7%#3
Caterpillar Inc.
Caterpillar Inc.
CAT
$9.98B2.4%#4
RTX Corporation
RTX Corporation
RTX
$7.43B3.1%
#5
Norfolk Southern Corporation
Norfolk Southern CorporationYOU
NSC
$1.53B2.2%
Industrials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Norfolk Southern Corporation (NSC) cash on hand as of December 31, 2025 is $1.53B, comprising $1.53B in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Norfolk Southern Corporation cash and short-term investments on the balance sheet (10-K filing). Also referred to as Norfolk Southern Corporation cash reserves or cash position.

Norfolk Southern Corporation annual cash on hand history shows decreased -6.8% in 2025: decreased -6.8% in 2025. Norfolk Southern Corporation cash reserves in 2025 reflect the company's capital allocation strategy.

Norfolk Southern Corporation carries total debt of $17.09B against cash of $1.53B, resulting in a net debt position of -$15.56B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

NSC cash on hand · 5 questions

As of December 31, 2025, Norfolk Southern Corporation (NSC) has $1.53B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $1.53B in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $1.34B. Data sourced from the annual 10-K filing via FMP.

NSC cash on handNSC cash reservesNSC cash 2025how much cash does NSC have

▸ Source: FMP /balance-sheet-statement · US GAAP · Norfolk Southern Corporation · Norfolk Southern Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025