Norfolk Southern Corporation (NSC) — Cash Flow Quality Index
Norfolk Southern Corporation (NSC) has a Cash Flow Quality Index of 1.65x as of December 2025. Operating cash flow of $1.06 Billion exceeds net income of $644.00 Million, indicating high earnings quality where cash backs reported profits. Explore NSC cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Norfolk Southern Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Norfolk Southern Corporation across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check total reinvestment intensity of Norfolk Southern Corporation to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Norfolk Southern Corporation (1989–2025)
Year-by-year earnings quality comparison for Norfolk Southern Corporation. For live market cap and the full company financial profile, see NSC market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.52x | $4.36 Billion | $2.87 Billion | ▼ -1.8% |
| 2024 | 1.55x | $4.05 Billion | $2.62 Billion | ▼ -11.2% |
| 2023 | 1.74x | $3.18 Billion | $1.83 Billion | ▲ +34.8% |
| 2022 | 1.29x | $4.22 Billion | $3.27 Billion | ▼ -8.8% |
| 2021 | 1.42x | $4.25 Billion | $3.00 Billion | ▼ -21.6% |
| 2020 | 1.81x | $3.64 Billion | $2.01 Billion | ▲ +26.4% |
| 2019 | 1.43x | $3.89 Billion | $2.72 Billion | ▲ +2.3% |
| 2018 | 1.40x | $3.73 Billion | $2.67 Billion | ▲ +132.2% |
| 2017 | 0.60x | $3.25 Billion | $5.40 Billion | ▼ -66.9% |
| 2016 | 1.82x | $3.03 Billion | $1.67 Billion | ▼ -1.6% |
| 2015 | 1.85x | $2.88 Billion | $1.56 Billion | ▲ +29.7% |
| 2014 | 1.43x | $2.85 Billion | $2.00 Billion | ▼ -11.5% |
| 2013 | 1.61x | $3.08 Billion | $1.91 Billion | ▼ -8.0% |
| 2012 | 1.75x | $3.06 Billion | $1.75 Billion | ▲ +4.0% |
| 2011 | 1.68x | $3.23 Billion | $1.92 Billion | ▼ -7.2% |
| 2010 | 1.81x | $2.71 Billion | $1.50 Billion | ▲ +0.9% |
| 2009 | 1.80x | $1.86 Billion | $1.03 Billion | ▲ +13.7% |
| 2008 | 1.58x | $2.71 Billion | $1.72 Billion | ▼ -0.7% |
| 2007 | 1.59x | $2.33 Billion | $1.46 Billion | ▲ +7.0% |
| 2006 | 1.49x | $2.21 Billion | $1.48 Billion | ▼ -9.4% |
| 2005 | 1.64x | $2.10 Billion | $1.28 Billion | ▼ -8.7% |
| 2004 | 1.80x | $1.66 Billion | $923.00 Million | ▼ -10.4% |
| 2003 | 2.01x | $1.05 Billion | $525.00 Million | ▲ +15.0% |
| 2002 | 1.75x | $803.00 Million | $460.00 Million | ▼ -3.4% |
| 2001 | 1.81x | $654.00 Million | $362.00 Million | ▼ -76.8% |
| 2000 | 7.80x | $1.34 Billion | $172.00 Million | ▲ +249.9% |
| 1999 | 2.23x | $533.00 Million | $239.00 Million | ▲ +31.6% |
| 1998 | 1.70x | $890.00 Million | $525.00 Million | ▲ +3.0% |
| 1997 | 1.65x | $1.15 Billion | $699.00 Million | ▲ +5.2% |
| 1996 | 1.56x | $1.20 Billion | $770.40 Million | ▼ -9.9% |
| 1995 | 1.74x | $1.24 Billion | $712.70 Million | ▲ +1.3% |
| 1994 | 1.71x | $1.14 Billion | $667.80 Million | ▲ +7.5% |
| 1993 | 1.59x | $874.60 Million | $548.70 Million | ▼ -7.2% |
| 1992 | 1.72x | $958.20 Million | $557.70 Million | ▼ -93.3% |
| 1991 | 25.67x | $762.40 Million | $29.70 Million | ▲ +1335.1% |
| 1990 | 1.79x | $994.70 Million | $556.10 Million | ▼ -2.1% |
| 1989 | 1.83x | $1.11 Billion | $606.20 Million | — |