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 Norfolk Southern Corporation strategic investment ratio to see how much of total assets are deployed in long-term investments.
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 NSC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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 Norfolk Southern Corporation (NSC) total market value.
| 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 | — |