CSXNasdaqRailroads, Line-Haul OperatingFiscal year ends December 31
CSX CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026
$47.88−0.80 (-1.64%)
Close on Oct 19, 2026
- Market cap
- $89.01B
- P/E (TTM)
- 27.7
- Dividend yield
- 1.09%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
32.1%−9.1 pts over 5 years
Net margin
20.5%−5.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.1% | -1.7% | +5.9% | +1.8% | |
| Operating income | -13.8% | -8.8% | +0.7% | +2.3% | |
| Net income | -16.7% | -11.1% | +0.9% | +3.9% | |
| EPS, diluted | -14.0% | -7.1% | +5.1% | +8.7% | |
| Free cash flow | -37.0% | -20.6% | -8.3% | +7.8% | |
| Dividend per share | +8.3% | +9.1% | +8.2% | +8.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 4.9% | 7.1% | 6.7% | |
| Current ratio | 1.22 | 2.20 | 0.81 | |
| Net debt to EBITDA | – | 2.36× | 2.94× | |
| Interest coverage | 5.9× | – | 5.4× | |
| Capex to revenue | 21.7% | 15.4% | 20.6% | |
| Diluted shares | 2.84B | 2.31B | 1.87B |
Where the cash went
Fiscal 2021 to 2025, five years combined
CSX generated $26.00B from operations and spent $30.80B on capital expenditure, dividends and share buybacks. 38% of that went back into the business.
Generated
$26.00B
Used
$30.80B
Capital expenditure$11.59B38%Dividends$4.48B15%Share buybacks$14.73B48%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$2.89B
- Cash generatingOperating cash flow above zero$4.61B
- Return on assets improvedROA up on the prior year8.2% → 6.8%
- Earnings backed by cashOperating cash flow above net income$4.61B vs $2.89B
- Less leverageLong-term debt to assets fell41.9% → 41.6%
- Better liquidityCurrent ratio rose0.86 → 0.81
- No dilutionShare count did not rise1.94B → 1.87B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.34 → 0.33