What is Norfolk Southern's PP&E (net)?

Norfolk Southern (NSC) reported PP&E (net) of $36.44B in Q1 2026.

How has Norfolk Southern's PP&E (net) changed year-over-year?

Norfolk Southern's PP&E (net) increased by 1.8% year-over-year, from $35.8B to $36.44B.

What is the long-term trend for Norfolk Southern's PP&E (net)?

Over 5 years (2020 to 2025), Norfolk Southern's PP&E (net) has grown at a 3.1% compound annual growth rate (CAGR), from $31.35B to $36.48B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Norfolk Southern NSC PP&E (Net)

PP&E (Net) at other companies

Chesapeake Utilities CorporationCPK

$3.22B+14.0%

CSXCSX

$36.82B+2.7%

WabtecWAB

$1.65B+13.1%

Wabash NationalWNC

$292.39M-12.8%

Schneider NationalSNDR

$2.7B-6.1%

Canadian Pacific Kansas CityCP

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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 debt$236.0M-17.2%

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$72.72B+24.1%

P/E27.2×+9.7×

P/S6×+1.2×

Profitability

See full

Operating margin33.5%-7.8pp

Net margin21.9%-5.5pp

FCF margin13.3%-2.3pp

Returns & leverage

See full

Return on equity17.6%-6.9pp

Debt / equity0×0.0×

Current ratio0.9×+0.1×

Where this comes from

Reported directly by Norfolk Southern in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Norfolk Southern (NSC) reported PP&E (net) of $36.44B in Q1 2026.
How has Norfolk Southern's PP&E (net) changed year-over-year?: Norfolk Southern's PP&E (net) increased by 1.8% year-over-year, from $35.8B to $36.44B.
What is the long-term trend for Norfolk Southern's PP&E (net)?: Over 5 years (2020 to 2025), Norfolk Southern's PP&E (net) has grown at a 3.1% compound annual growth rate (CAGR), from $31.35B to $36.48B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.