Norfolk Southern Corporation Cash Flow-to-Debt Ratio
Norfolk Southern Corporation cash flow-to-debt ratio. Norfolk Southern Corporation (NSC) has a Cash Flow-to-Debt Ratio of 0.04x as of December 2025, meaning its operating cash flow of $1.06 Billion could theoretically repay 0% of its total liabilities ($29.69 Billion) in one year. Check earnings quality score of Norfolk Southern Corporation to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Norfolk Southern Corporation (1989–2025)
Cash flow-to-debt ratio of Norfolk Southern Corporation from 1989 to 2025. Historical debt coverage capacity for Norfolk Southern Corporation across 37 annual periods. Check Norfolk Southern Corporation cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Norfolk Southern Corporation Cash Flow-to-Debt Ratio by Year (1989–2025)
Norfolk Southern Corporation cash flow-to-debt ratio by year from 1989 to 2025. Year-by-year debt coverage analysis for Norfolk Southern Corporation. For the full cash flow conversion analysis, see how efficiently does Norfolk Southern Corporation generate cash.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.15x | $4.36 Billion | $29.69 Billion | ▲ +6.5% |
| 2024 | 0.14x | $4.05 Billion | $29.38 Billion | ▲ +25.3% |
| 2023 | 0.11x | $3.18 Billion | $28.87 Billion | ▼ -31.8% |
| 2022 | 0.16x | $4.22 Billion | $26.15 Billion | ▼ -5.7% |
| 2021 | 0.17x | $4.25 Billion | $24.85 Billion | ▲ +9.1% |
| 2020 | 0.16x | $3.64 Billion | $23.17 Billion | ▼ -8.3% |
| 2019 | 0.17x | $3.89 Billion | $22.74 Billion | ▼ -4.1% |
| 2018 | 0.18x | $3.73 Billion | $20.88 Billion | ▲ +6.2% |
| 2017 | 0.17x | $3.25 Billion | $19.35 Billion | ▲ +24.6% |
| 2016 | 0.13x | $3.03 Billion | $22.48 Billion | ▲ +3.5% |
| 2015 | 0.13x | $2.88 Billion | $22.07 Billion | ▼ -4.8% |
| 2014 | 0.14x | $2.85 Billion | $20.83 Billion | ▼ -5.7% |
| 2013 | 0.15x | $3.08 Billion | $21.19 Billion | ▼ -2.5% |
| 2012 | 0.15x | $3.06 Billion | $20.58 Billion | ▼ -14.0% |
| 2011 | 0.17x | $3.23 Billion | $18.63 Billion | ▲ +11.9% |
| 2010 | 0.15x | $2.71 Billion | $17.53 Billion | ▲ +41.6% |
| 2009 | 0.11x | $1.86 Billion | $17.02 Billion | ▼ -32.8% |
| 2008 | 0.16x | $2.71 Billion | $16.70 Billion | ▲ +14.4% |
| 2007 | 0.14x | $2.33 Billion | $16.42 Billion | ▲ +5.7% |
| 2006 | 0.13x | $2.21 Billion | $16.41 Billion | ▲ +5.8% |
| 2005 | 0.13x | $2.10 Billion | $16.57 Billion | ▲ +28.2% |
| 2004 | 0.10x | $1.66 Billion | $16.76 Billion | ▲ +28.0% |
| 2003 | 0.08x | $1.05 Billion | $13.61 Billion | ▲ +29.3% |
| 2002 | 0.06x | $803.00 Million | $13.41 Billion | ▲ +21.6% |
| 2001 | 0.05x | $654.00 Million | $13.28 Billion | ▼ -51.9% |
| 2000 | 0.10x | $1.34 Billion | $13.10 Billion | ▲ +155.0% |
| 1999 | 0.04x | $533.00 Million | $13.27 Billion | ▼ -44.9% |
| 1998 | 0.07x | $890.00 Million | $12.21 Billion | ▼ -24.9% |
| 1997 | 0.10x | $1.15 Billion | $11.86 Billion | ▼ -48.6% |
| 1996 | 0.19x | $1.20 Billion | $6.39 Billion | ▼ -8.2% |
| 1995 | 0.21x | $1.24 Billion | $6.02 Billion | ▲ +5.0% |
| 1994 | 0.20x | $1.14 Billion | $5.85 Billion | ▲ +30.7% |
| 1993 | 0.15x | $874.60 Million | $5.84 Billion | ▼ -4.5% |
| 1992 | 0.16x | $958.20 Million | $6.11 Billion | ▲ +23.3% |
| 1991 | 0.13x | $762.40 Million | $6.00 Billion | ▼ -29.2% |
| 1990 | 0.18x | $994.70 Million | $5.54 Billion | ▼ -18.9% |
| 1989 | 0.22x | $1.11 Billion | $5.01 Billion | — |