CSX · Csx Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · CSX

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$14.09B	$14.54B	$14.66B	$14.85B	$12.52B	$10.58B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	$9.57B	$9.29B	$9.10B	$8.83B	$6.93B	$6.22B
D&A	$1.68B	$1.66B	$1.61B	$1.38B	$1.42B	$1.38B
Operating Income	$4.52B	$5.25B	$5.56B	$6.02B	$5.59B	$4.36B
Interest Expense	$844.00M	$832.00M	-	-	-	-
Income Tax	$880.00M	$1.08B	$1.18B	$1.25B	$1.17B	$862.00M
Net Income	$2.89B	$3.47B	$3.71B	$4.17B	$3.78B	$2.77B
EPS - Basic	$1.54	$1.79	$1.85	$1.95	$1.68	$1.20
EPS - Diluted	$1.54	$1.79	$1.85	$1.95	$1.68	$1.20

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$670.00M	$933.00M	$1.35B	$1.96B	$2.24B	$3.13B
Accounts Receivable	$1.30B	$1.33B	$1.39B	$1.31B	$1.15B	$912.00M
Inventory	-	-	-	-	-	-
Accounts Payable	$1.15B	$1.29B	$1.24B	$1.13B	$963.00M	$809.00M
Current Assets	$2.55B	$2.82B	$3.38B	$3.85B	$3.87B	$4.44B
Total Assets	$43.68B	$42.76B	$42.41B	$41.91B	$40.53B	$39.79B
Current Liabilities	$3.13B	$3.28B	$3.22B	$2.47B	$2.23B	$2.02B
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$30.52B	$30.26B	$30.27B	$29.29B	$27.03B	$26.68B
Stockholders' Equity	$13.16B	$12.51B	$12.13B	$12.63B	$13.50B	$13.11B
Retained Earnings	$10.56B	$9.99B	$9.79B	$10.36B	$11.63B	$12.53B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$4.61B	$5.25B	$5.55B	$5.62B	$5.10B	$4.26B
Investing Cash Flow	($2.85B)	($2.60B)	($2.29B)	($2.13B)	($1.88B)	($649.00M)
Financing Cash Flow	($2.02B)	($3.06B)	($3.87B)	($3.77B)	($4.11B)	($1.44B)
CapEx	$2.90B	$2.53B	$2.28B	$2.13B	$1.79B	$1.63B
Free Cash Flow	$1.71B	$2.72B	$3.27B	$3.49B	$3.31B	$2.64B

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	32.1%	36.1%	37.9%	40.6%	44.7%	41.2%
EBITDA margin	44.0%	47.5%	48.9%	49.9%	56.0%	54.3%
Net margin	20.5%	23.9%	25.3%	28.0%	30.2%	26.1%
Free cash flow margin	12.1%	18.7%	22.3%	23.5%	26.4%	24.9%
FCF / Net income	0.59	0.78	0.88	0.84	0.87	0.95
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	23.3%	23.8%	24.0%	23.1%	23.6%	23.8%
Return on assets	6.6%	8.1%	8.8%	9.9%	9.3%	6.9%
Return on equity	22.0%	27.7%	30.6%	33.0%	28.0%	21.1%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	0.81	0.86	1.05	1.56	1.73	2.20
Quick ratio	0.81	0.86	1.05	1.56	1.73	2.20
Cash ratio	0.21	0.28	0.42	0.79	1.00	1.55
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	5.4x	6.3x	-	-	-	-
Equity multiplier	3.32	3.42	3.50	3.32	3.00	3.04
Liabilities / Assets	0.70	0.71	0.71	0.70	0.67	0.67
Efficiency
Asset turnover	0.32	0.34	0.35	0.35	0.31	0.27
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	34d	33d	35d	32d	33d	31d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	23.5x	18.0x	18.7x	15.9x	22.4x	25.2x
P / B	5.2x	5.0x	5.8x	5.3x	6.3x	1.8x
P / S	4.8x	4.3x	4.8x	4.5x	6.8x	2.2x
EV / EBITDA	10.8x	8.9x	9.5x	8.7x	11.8x	3.5x
Growth
Revenue growth (YoY)	-3.1%	-0.8%	-1.3%	18.6%	18.3%	-11.3%
Revenue CAGR (3y)	-1.7%	5.1%	11.5%	7.6%	4.2%	-2.5%
Revenue CAGR (5y)	5.9%	4.0%	5.8%	5.4%	2.5%	-2.2%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-13.8%	-5.7%	-7.7%	7.7%	28.2%	-12.1%
Net income growth (YoY)	-16.7%	-6.6%	-10.8%	10.2%	36.7%	-17.0%
EPS growth (YoY)	-14.0%	-3.2%	-5.1%	16.1%	40.0%	-71.2%
EPS CAGR (3y)	-7.6%	2.1%	15.5%	-22.4%	-24.1%	-41.5%
EPS CAGR (5y)	5.1%	-15.6%	-13.6%	-20.1%	-1.5%	-9.7%
FCF growth (YoY)	-37.0%	-16.8%	-6.3%	5.4%	25.4%	-17.4%
FCF CAGR (5y)	-8.3%	-3.2%	2.4%	19.5%	38.8%	26.7%
Book value growth (YoY)	5.2%	3.1%	-3.9%	-6.5%	3.0%	10.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$14.12B total

Rail Segment$13.28B · 94.1%

Trucking Segment$839.00M · 5.9%

Product / service

$22.92B total

Total Merchandise$8.80B · 38.4%

Chemicals$2.78B · 12.1%

Intermodal$2.10B · 9.2%

Coal Services$1.90B · 8.3%

Agriculturaland Food Products$1.62B · 7.1%

Automotive$1.18B · 5.2%

Forest Products$975.00M · 4.3%

Metalsand Equipment$869.00M · 3.8%

Minerals$832.00M · 3.6%

Trucking$816.00M · 3.6%

Other Services$530.00M · 2.3%

Fertilizers$521.00M · 2.3%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.02

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✗Current ratio improved
✓No share dilution
-Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Railroads, Line-Haul Operating

Company	Revenue (last FY)	Net margin	ROE
UNP	$24.51B	29.1%	38.7%
NSC	$12.18B	23.6%	18.5%
FIP	$502.52M	-41.3%	-972.6%

Comparing CSX CORP against the 3 most active filers in the same SIC group.

Dividends

$0.54/share trailing 12 months · +8.0% YoY

Ex-date	Per share
May 29, 2026	$0.1400
Feb 27, 2026	$0.1400
Nov 28, 2025	$0.1300
Aug 29, 2025	$0.1300
May 30, 2025	$0.1300
Feb 28, 2025	$0.1300
Nov 29, 2024	$0.1200
Aug 30, 2024	$0.1200
May 31, 2024	$0.1200
Feb 28, 2024	$0.1200
Nov 29, 2023	$0.1100
Aug 30, 2023	$0.1100
May 30, 2023	$0.1100
Feb 27, 2023	$0.1100
Nov 29, 2022	$0.1000
Aug 30, 2022	$0.1000
May 27, 2022	$0.1000
Feb 25, 2022	$0.1000
Nov 29, 2021	$0.0930
Aug 30, 2021	$0.0930
May 27, 2021	$0.0933
Feb 25, 2021	$0.0933
Nov 27, 2020	$0.0867
Aug 28, 2020	$0.0867