Norfolk Southern Corporation (NSC) — Net Asset Quality Index

Latest as of December 2025: 34.4%

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. Check Norfolk Southern Corporation (NSC) asset resilience to evaluate the company's liquid asset resilience ratio.

Quality Index

34.4%
Equity / Total Assets

Net Assets

$15.55 Billion
USD

Total Assets

$45.24 Billion
USD

Total Liabilities

$29.69 Billion
USD

Norfolk Southern Corporation Net Asset Quality Index Over Time (1985–2025)

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. See NSC net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Norfolk Southern Corporation (1985–2025)

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 market capitalisation and the full company profile, see NSC company net worth.

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
pp = percentage points