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Cash ratio at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
0.1×-0.1×
Union Pacific logo
Union PacificUNP
0.2×-0.1×
CSX logo
CSXCSX
0.3×0.0×
Wabtec logo
WabtecWAB
0.1×-0.1×
Old Dominion Freight Line logo
Old Dominion Freight LineODFL
0.5×+0.3×
JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
0.0×

Other financials

Income statement

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Revenue$3.0B+0.2%
Operating income$877.0M-23.5%
Net income$547.0M-27.1%
EPS (diluted)$2.43-26.6%

Balance sheet

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Cash & equivalents$1.3B+33.3%
Total equity$15.8B+8.9%
Total assets$45.1B+3.0%

Cash flow

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Operating cash flow$344.0M-63.8%
CapEx$382.0M-14.9%
Free cash flow-$38.0M-108%

Valuation

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Market cap$67.5B+20.2%
P/E25.3×+8.4×
P/S5.5×+0.9×

Profitability

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Operating margin33.5%-7.8pp
Net margin21.9%-5.5pp

Returns & leverage

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Return on equity17.6%-6.9pp
Debt / equity0.0×
Current ratio0.9×+0.1×

Where this comes from

Calculated from Norfolk Southern’s reported figures.

Based on the most recent quarter.

The official record: Norfolk Southern’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Norfolk Southern's cash ratio?
Norfolk Southern (NSC) reported cash ratio of 0.4× in Q1 2026.
How has Norfolk Southern's cash ratio changed year-over-year?
Norfolk Southern's cash ratio increased by 37.9% year-over-year, from 0.3× to 0.4×.
What is the long-term trend for Norfolk Southern's cash ratio?
Over 4 years (2021 to 2025), Norfolk Southern's cash ratio has grown at a -7.4% compound annual growth rate (CAGR), from 2× to 1.5×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.