Operating CF
$3.75B
Capex
$67.00M
Free Cash Flow
$3.82B
FCF Margin
+101.8%
Cash flow waterfall for Norfolk Southern (NSC) — TTM through Q1 2026
Free cash flow: $3.82B
Note: Other Investing is large — driven mainly by purchases or sales of investments.
Cash flow breakdown for Norfolk Southern (NSC) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $3.75B | $3.75B |
| Capital Expenditure | $67.00M | $3.82B |
| Free Cash Flow | $3.82B | $3.82B |
| Acquisitions | $162.00M | $3.98B |
| Other Investing | −$1.98B | $2.00B |
| Share Buybacks | −$282.00M | $1.72B |
| Dividends Paid | −$1.21B | $507.00M |
| Other Financing & FX | −$172.00M | $335.00M |
| Net Cash Increase | $335.00M | $335.00M |
- Operating Cash Flow$3.75B
- Capital Expenditure$67.00M
- Free Cash Flow$3.82B
- Acquisitions$162.00M
- Other Investing−$1.98B
- Share Buybacks−$282.00M
- Dividends Paid−$1.21B
- Other Financing & FX−$172.00M
- Net Cash Increase$335.00M
Want to see what drove the FCF change?Free Cash Flow Bridge
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