Norfolk Southern Corporation (NSC) — Financial Flexibility Index
Norfolk Southern Corporation (NSC) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of $2.54 Billion (operating CF $1.06 Billion minus capex $1.48 Billion) represents 0% of total liabilities ($29.69 Billion). Check NSC strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Norfolk Southern Corporation Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Norfolk Southern Corporation across 37 annual periods. See Norfolk Southern Corporation current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Norfolk Southern Corporation (1989–2025)
Year-by-year free cash flow to debt coverage for Norfolk Southern Corporation. For the full company profile including market capitalisation, see NSC market cap overview.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.22x | $6.57 Billion | $4.36 Billion | $29.69 Billion | ▲ +1.0% |
| 2024 | 0.22x | $6.43 Billion | $4.05 Billion | $29.38 Billion | ▲ +14.4% |
| 2023 | 0.19x | $5.53 Billion | $3.18 Billion | $28.87 Billion | ▼ -18.8% |
| 2022 | 0.24x | $6.17 Billion | $4.22 Billion | $26.15 Billion | ▲ +2.4% |
| 2021 | 0.23x | $5.72 Billion | $4.25 Billion | $24.85 Billion | ▲ +4.0% |
| 2020 | 0.22x | $5.13 Billion | $3.64 Billion | $23.17 Billion | ▼ -14.8% |
| 2019 | 0.26x | $5.91 Billion | $3.89 Billion | $22.74 Billion | ▼ -4.4% |
| 2018 | 0.27x | $5.68 Billion | $3.73 Billion | $20.88 Billion | ▲ +5.8% |
| 2017 | 0.26x | $4.98 Billion | $3.25 Billion | $19.35 Billion | ▲ +17.5% |
| 2016 | 0.22x | $4.92 Billion | $3.03 Billion | $22.48 Billion | ▼ -8.2% |
| 2015 | 0.24x | $5.26 Billion | $2.88 Billion | $22.07 Billion | ▼ -0.1% |
| 2014 | 0.24x | $4.97 Billion | $2.85 Billion | $20.83 Billion | ▲ +0.1% |
| 2013 | 0.24x | $5.05 Billion | $3.08 Billion | $21.19 Billion | ▼ -7.6% |
| 2012 | 0.26x | $5.31 Billion | $3.06 Billion | $20.58 Billion | ▼ -10.9% |
| 2011 | 0.29x | $5.39 Billion | $3.23 Billion | $18.63 Billion | ▲ +21.2% |
| 2010 | 0.24x | $4.18 Billion | $2.71 Billion | $17.53 Billion | ▲ +28.6% |
| 2009 | 0.19x | $3.16 Billion | $1.86 Billion | $17.02 Billion | ▼ -27.4% |
| 2008 | 0.26x | $4.27 Billion | $2.71 Billion | $16.70 Billion | ▲ +14.3% |
| 2007 | 0.22x | $3.67 Billion | $2.33 Billion | $16.42 Billion | ▲ +8.5% |
| 2006 | 0.21x | $3.38 Billion | $2.21 Billion | $16.41 Billion | ▲ +9.2% |
| 2005 | 0.19x | $3.13 Billion | $2.10 Billion | $16.57 Billion | ▲ +17.2% |
| 2004 | 0.16x | $2.70 Billion | $1.66 Billion | $16.76 Billion | ▲ +23.7% |
| 2003 | 0.13x | $1.77 Billion | $1.05 Billion | $13.61 Billion | ▲ +17.2% |
| 2002 | 0.11x | $1.49 Billion | $803.00 Million | $13.41 Billion | ▲ +5.6% |
| 2001 | 0.11x | $1.40 Billion | $654.00 Million | $13.28 Billion | ▼ -33.4% |
| 2000 | 0.16x | $2.07 Billion | $1.34 Billion | $13.10 Billion | ▲ +45.3% |
| 1999 | 0.11x | $1.45 Billion | $533.00 Million | $13.27 Billion | ▼ -28.0% |
| 1998 | 0.15x | $1.85 Billion | $890.00 Million | $12.21 Billion | ▼ -11.5% |
| 1997 | 0.17x | $2.02 Billion | $1.15 Billion | $11.86 Billion | ▼ -42.3% |
| 1996 | 0.30x | $1.89 Billion | $1.20 Billion | $6.39 Billion | ▼ -5.9% |
| 1995 | 0.31x | $1.90 Billion | $1.24 Billion | $6.02 Billion | ▼ -0.8% |
| 1994 | 0.32x | $1.86 Billion | $1.14 Billion | $5.85 Billion | ▲ +20.2% |
| 1993 | 0.26x | $1.54 Billion | $874.60 Million | $5.84 Billion | ▼ -3.6% |
| 1992 | 0.27x | $1.67 Billion | $958.20 Million | $6.11 Billion | ▲ +15.5% |
| 1991 | 0.24x | $1.42 Billion | $762.40 Million | $6.00 Billion | ▼ -21.1% |
| 1990 | 0.30x | $1.66 Billion | $994.70 Million | $5.54 Billion | ▼ -14.5% |
| 1989 | 0.35x | $1.76 Billion | $1.11 Billion | $5.01 Billion | — |