Norfolk Southern Corporation Net Asset Quality Index
Norfolk Southern Corporation net asset quality index. Norfolk Southern Corporation (NSC) has a Net Asset Quality Index of 34.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $45.24 Billion minus total liabilities of $29.69 Billion yields net assets of $15.55 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Norfolk Southern Corporation shareholders equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Norfolk Southern Corporation (1985–2025)
Net asset quality index of Norfolk Southern Corporation from 1985 to 2025. This chart shows how Norfolk Southern Corporation's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the index stands at 34.4%, representing net assets of $15.55 Billion against total assets of $45.24 Billion USD. Check NSC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Norfolk Southern Corporation Net Asset Quality Index by Year (1985–2025)
Norfolk Southern Corporation net asset quality index by year from 1985 to 2025. The table below presents the year-by-year Net Asset Quality Index for Norfolk Southern Corporation from 1985 to 2025, covering 41 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see NSC market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 34.4% | $15.55 Billion | $45.24 Billion | $29.69 Billion | ▲ +1.6 pp |
| 2024 | 32.8% | $14.31 Billion | $43.68 Billion | $29.38 Billion | ▲ +2.1 pp |
| 2023 | 30.7% | $12.78 Billion | $41.65 Billion | $28.87 Billion | ▼ -2.1 pp |
| 2022 | 32.7% | $12.73 Billion | $38.88 Billion | $26.15 Billion | ▼ -2.7 pp |
| 2021 | 35.4% | $13.64 Billion | $38.49 Billion | $24.85 Billion | ▼ -3.5 pp |
| 2020 | 39.0% | $14.79 Billion | $37.96 Billion | $23.17 Billion | ▼ -1.1 pp |
| 2019 | 40.0% | $15.18 Billion | $37.92 Billion | $22.74 Billion | ▼ -2.4 pp |
| 2018 | 42.4% | $15.36 Billion | $36.24 Billion | $20.88 Billion | ▼ -3.4 pp |
| 2017 | 45.8% | $16.36 Billion | $35.71 Billion | $19.35 Billion | ▲ +10.2 pp |
| 2016 | 35.6% | $12.41 Billion | $34.89 Billion | $22.48 Billion | ▼ 0.0 pp |
| 2015 | 35.6% | $12.19 Billion | $34.26 Billion | $22.07 Billion | ▼ -1.8 pp |
| 2014 | 37.3% | $12.41 Billion | $33.24 Billion | $20.83 Billion | ▲ +2.6 pp |
| 2013 | 34.8% | $11.29 Billion | $32.48 Billion | $21.19 Billion | ▲ +2.6 pp |
| 2012 | 32.2% | $9.76 Billion | $30.34 Billion | $20.58 Billion | ▼ -2.6 pp |
| 2011 | 34.7% | $9.91 Billion | $28.54 Billion | $18.63 Billion | ▼ -3.1 pp |
| 2010 | 37.8% | $10.67 Billion | $28.20 Billion | $17.53 Billion | ▲ +0.0 pp |
| 2009 | 37.8% | $10.35 Billion | $27.37 Billion | $17.02 Billion | ▲ +1.3 pp |
| 2008 | 36.5% | $9.60 Billion | $26.30 Billion | $16.70 Billion | ▼ -0.7 pp |
| 2007 | 37.2% | $9.73 Billion | $26.14 Billion | $16.42 Billion | ▲ +0.3 pp |
| 2006 | 36.9% | $9.62 Billion | $26.03 Billion | $16.41 Billion | ▲ +1.0 pp |
| 2005 | 35.9% | $9.29 Billion | $25.86 Billion | $16.57 Billion | ▲ +3.6 pp |
| 2004 | 32.3% | $7.99 Billion | $24.75 Billion | $16.76 Billion | ▼ -1.6 pp |
| 2003 | 33.9% | $6.99 Billion | $20.60 Billion | $13.61 Billion | ▲ +1.1 pp |
| 2002 | 32.8% | $6.54 Billion | $19.96 Billion | $13.41 Billion | ▲ +1.2 pp |
| 2001 | 31.6% | $6.13 Billion | $19.42 Billion | $13.28 Billion | ▲ +0.6 pp |
| 2000 | 31.0% | $5.87 Billion | $18.98 Billion | $13.10 Billion | ▼ -0.1 pp |
| 1999 | 31.1% | $5.98 Billion | $19.25 Billion | $13.27 Billion | ▼ -1.8 pp |
| 1998 | 32.8% | $5.97 Billion | $18.18 Billion | $12.21 Billion | ▲ +1.2 pp |
| 1997 | 31.7% | $5.49 Billion | $17.35 Billion | $11.86 Billion | ▼ -12.4 pp |
| 1996 | 44.0% | $5.03 Billion | $11.42 Billion | $6.39 Billion | ▼ -0.7 pp |
| 1995 | 44.8% | $4.88 Billion | $10.90 Billion | $6.02 Billion | ▲ +0.0 pp |
| 1994 | 44.8% | $4.74 Billion | $10.59 Billion | $5.85 Billion | ▲ +0.3 pp |
| 1993 | 44.4% | $4.68 Billion | $10.52 Billion | $5.84 Billion | ▲ +3.2 pp |
| 1992 | 41.2% | $4.29 Billion | $10.40 Billion | $6.11 Billion | ▲ +0.3 pp |
| 1991 | 40.9% | $4.15 Billion | $10.15 Billion | $6.00 Billion | ▼ -6.4 pp |
| 1990 | 47.3% | $4.98 Billion | $10.52 Billion | $5.54 Billion | ▼ -3.8 pp |
| 1989 | 51.1% | $5.24 Billion | $10.24 Billion | $5.01 Billion | ▼ -0.1 pp |
| 1988 | 51.2% | $5.15 Billion | $10.06 Billion | $4.91 Billion | ▲ +0.4 pp |
| 1987 | 50.8% | $4.98 Billion | $9.80 Billion | $4.82 Billion | ▼ -1.2 pp |
| 1986 | 52.0% | $5.07 Billion | $9.75 Billion | $4.68 Billion | ▲ +3.3 pp |
| 1985 | 48.7% | $4.76 Billion | $9.77 Billion | $5.01 Billion | — |