Norfolk Southern Corporation Cash Flow Reinvestment Rate

Latest as of December 2025: 1.39x

Norfolk Southern Corporation cash flow reinvestment rate. Norfolk Southern Corporation (NSC) has a Cash Flow Reinvestment Rate of 1.39x as of December 2025, reinvesting $1.48 Billion (capex $1.48 Billion ) from operating cash flow of $1.06 Billion. Explore cash flow to debt ratio of Norfolk Southern Corporation to assess how comfortably operating cash covers total debt obligations.

Reinvestment Rate

1.39x
(Capex + Investments) / Operating CF

Total Reinvested

$1.48 Billion
Capex + Investments

Operating Cash Flow

$1.06 Billion
USD

Capital Expenditures

$1.48 Billion
USD

Cash Flow Reinvestment Rate of Norfolk Southern Corporation (1989–2025)

Cash flow reinvestment rate of Norfolk Southern Corporation from 1989 to 2025. Historical reinvestment intensity for Norfolk Southern Corporation across 37 annual periods. Explore how much does Norfolk Southern Corporation reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Norfolk Southern Corporation Cash Flow Reinvestment Rate by Year (1989–2025)

Norfolk Southern Corporation cash flow reinvestment rate by year from 1989 to 2025. Year-by-year capital reinvestment analysis for Norfolk Southern Corporation. For the full cash flow conversion analysis, see Norfolk Southern Corporation cash conversion from operations.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.51x $2.20 Billion $4.36 Billion $2.20 Billion ▼ -60.3%
2024 1.27x $5.16 Billion $4.05 Billion $2.38 Billion ▼ -5.5%
2023 1.35x $4.29 Billion $3.18 Billion $2.35 Billion ▲ +60.3%
2022 0.84x $3.55 Billion $4.22 Billion $1.95 Billion ▲ +129.6%
2021 0.37x $1.56 Billion $4.25 Billion $1.47 Billion ▼ -11.6%
2020 0.41x $1.51 Billion $3.64 Billion $1.49 Billion ▼ -20.8%
2019 0.52x $2.04 Billion $3.89 Billion $2.02 Billion ▼ -0.6%
2018 0.53x $1.96 Billion $3.73 Billion $1.95 Billion ▼ -1.0%
2017 0.53x $1.73 Billion $3.25 Billion $1.72 Billion ▼ -19.7%
2016 0.66x $2.01 Billion $3.03 Billion $1.89 Billion ▼ -27.3%
2015 0.91x $2.62 Billion $2.88 Billion $2.38 Billion ▲ +22.5%
2014 0.74x $2.12 Billion $2.85 Billion $2.12 Billion ▲ +8.9%
2013 0.68x $2.10 Billion $3.08 Billion $1.97 Billion ▼ -7.6%
2012 0.74x $2.26 Billion $3.06 Billion $2.24 Billion ▲ +3.9%
2011 0.71x $2.29 Billion $3.23 Billion $2.16 Billion ▼ -2.2%
2010 0.73x $1.97 Billion $2.71 Billion $1.47 Billion ▼ -13.6%
2009 0.84x $1.56 Billion $1.86 Billion $1.30 Billion ▲ +46.6%
2008 0.57x $1.56 Billion $2.71 Billion $1.56 Billion ▼ -0.2%
2007 0.57x $1.34 Billion $2.33 Billion $1.34 Billion ▲ +7.6%
2006 0.53x $1.18 Billion $2.21 Billion $1.18 Billion ▲ +9.7%
2005 0.49x $1.02 Billion $2.10 Billion $1.02 Billion ▼ -22.3%
2004 0.63x $1.04 Billion $1.66 Billion $1.04 Billion ▼ -8.3%
2003 0.68x $720.00 Million $1.05 Billion $720.00 Million ▼ -20.4%
2002 0.86x $689.00 Million $803.00 Million $689.00 Million ▼ -24.8%
2001 1.14x $746.00 Million $654.00 Million $746.00 Million ▲ +109.4%
2000 0.54x $731.00 Million $1.34 Billion $731.00 Million ▼ -68.2%
1999 1.71x $912.00 Million $533.00 Million $912.00 Million ▲ +59.3%
1998 1.07x $956.00 Million $890.00 Million $956.00 Million ▲ +41.2%
1997 0.76x $875.00 Million $1.15 Billion $875.00 Million ▲ +33.2%
1996 0.57x $688.20 Million $1.20 Billion $688.20 Million ▲ +7.3%
1995 0.53x $658.90 Million $1.24 Billion $658.90 Million ▼ -14.5%
1994 0.62x $712.90 Million $1.14 Billion $712.90 Million ▼ -18.6%
1993 0.77x $669.20 Million $874.60 Million $669.20 Million ▲ +2.4%
1992 0.75x $716.10 Million $958.20 Million $716.10 Million ▼ -13.6%
1991 0.86x $659.40 Million $762.40 Million $659.40 Million ▲ +28.5%
1990 0.67x $669.70 Million $994.70 Million $669.70 Million ▲ +14.4%
1989 0.59x $651.60 Million $1.11 Billion $651.60 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow