Norfolk Southern Corporation (NSC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norfolk Southern Corporation (NSC) has a cash flow conversion efficiency ratio of 0.068x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.06 Billion) by net assets ($15.55 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norfolk Southern Corporation - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Norfolk Southern Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read NSC current and long-term liabilities for a breakdown of total debt and financial obligations.
Norfolk Southern Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norfolk Southern Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
3M Company
NYSE:MMM
|
0.333x |
|
Vinci S.A.
PA:DG
|
0.382x |
|
ANZ Group Holdings Ltd
AU:ANZ
|
0.251x |
|
SK Square Co Ltd
KO:402340
|
0.003x |
|
NetEase Inc
NASDAQ:NTES
|
0.088x |
|
Eni SpA ADR
NYSE:E
|
0.082x |
|
Monster Beverage Corp
NASDAQ:MNST
|
0.046x |
|
Cigna Corp
NYSE:CI
|
0.081x |
Annual Cash Flow Conversion Efficiency for Norfolk Southern Corporation (1989–2025)
The table below shows the annual cash flow conversion efficiency of Norfolk Southern Corporation from 1989 to 2025. For the full company profile with market capitalisation and key ratios, see NSC market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $15.55 Billion | $4.36 Billion | 0.281x | -0.97% |
| 2024-12-31 | $14.31 Billion | $4.05 Billion | 0.283x | +13.87% |
| 2023-12-31 | $12.78 Billion | $3.18 Billion | 0.249x | -24.99% |
| 2022-12-31 | $12.73 Billion | $4.22 Billion | 0.332x | +6.30% |
| 2021-12-31 | $13.64 Billion | $4.25 Billion | 0.312x | +26.86% |
| 2020-12-31 | $14.79 Billion | $3.64 Billion | 0.246x | -4.07% |
| 2019-12-31 | $15.18 Billion | $3.89 Billion | 0.256x | +5.68% |
| 2018-12-31 | $15.36 Billion | $3.73 Billion | 0.243x | +21.97% |
| 2017-12-31 | $16.36 Billion | $3.25 Billion | 0.199x | -18.67% |
| 2016-12-31 | $12.41 Billion | $3.03 Billion | 0.244x | +3.58% |
| 2015-12-31 | $12.19 Billion | $2.88 Billion | 0.236x | +2.70% |
| 2014-12-31 | $12.41 Billion | $2.85 Billion | 0.230x | -15.70% |
| 2013-12-31 | $11.29 Billion | $3.08 Billion | 0.273x | -13.18% |
| 2012-12-31 | $9.76 Billion | $3.06 Billion | 0.314x | -3.55% |
| 2011-12-31 | $9.91 Billion | $3.23 Billion | 0.326x | +28.00% |
| 2010-12-31 | $10.67 Billion | $2.71 Billion | 0.254x | +41.59% |
| 2009-12-31 | $10.35 Billion | $1.86 Billion | 0.180x | -36.49% |
| 2008-12-31 | $9.60 Billion | $2.71 Billion | 0.283x | +17.95% |
| 2007-12-31 | $9.73 Billion | $2.33 Billion | 0.240x | +4.54% |
| 2006-12-31 | $9.62 Billion | $2.21 Billion | 0.229x | +1.24% |
| 2005-12-31 | $9.29 Billion | $2.10 Billion | 0.227x | +9.01% |
| 2004-12-31 | $7.99 Billion | $1.66 Billion | 0.208x | +37.77% |
| 2003-12-31 | $6.99 Billion | $1.05 Billion | 0.151x | +22.99% |
| 2002-12-31 | $6.54 Billion | $803.00 Million | 0.123x | +15.09% |
| 2001-12-31 | $6.13 Billion | $654.00 Million | 0.107x | -53.34% |
| 2000-12-31 | $5.87 Billion | $1.34 Billion | 0.228x | +156.41% |
| 1999-12-31 | $5.98 Billion | $533.00 Million | 0.089x | -40.23% |
| 1998-12-31 | $5.97 Billion | $890.00 Million | 0.149x | -28.78% |
| 1997-12-31 | $5.49 Billion | $1.15 Billion | 0.209x | -12.65% |
| 1996-12-31 | $5.03 Billion | $1.20 Billion | 0.240x | -5.47% |
| 1995-12-31 | $4.88 Billion | $1.24 Billion | 0.254x | +4.97% |
| 1994-12-31 | $4.74 Billion | $1.14 Billion | 0.242x | +29.09% |
| 1993-12-31 | $4.68 Billion | $874.60 Million | 0.187x | -16.30% |
| 1992-12-31 | $4.29 Billion | $958.20 Million | 0.224x | +21.66% |
| 1991-12-31 | $4.15 Billion | $762.40 Million | 0.184x | -8.03% |
| 1990-12-31 | $4.98 Billion | $994.70 Million | 0.200x | -5.50% |
| 1989-12-31 | $5.24 Billion | $1.11 Billion | 0.211x | -- |
About Norfolk Southern Corporation
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products,… Read more