
CSX Corporation
NASDAQ•CSX
CEO: Mr. Joseph R. Hinrichs
Sector: Industrials
Industry: Railroads
Listing Date: 1980-11-03
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
Contact Information
Market Cap
$67.50B
P/E (TTM)
23.5
23.7
Dividend Yield
1.4%
52W High
$37.54
52W Low
$26.22
52W Range
Rank26Top 13.0%
5.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$4.46B+23.24%
4-Quarter Trend
EPS
$0.37-19.56%
4-Quarter Trend
FCF
$2.83B+166.92%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Adjusted 9M Earnings Strong Adjusted 9M Net Earnings reached $2.29B, excluding $164M goodwill impairment charge impacting GAAP results.
Rail Velocity Improves Q3 Train Velocity was 18.9 MPH, showing 2% improvement year over year, supporting operational focus.
Significant Rail Investment Rail segment capital expenditures totaled $2.17B for nine months, including $440M for Blue Ridge rebuild.
Risk Factors
Trucking Goodwill Impaired Quality Carriers goodwill fully impaired, resulting in $164M non-cash charge recorded in Q3 operating expense.
Revenue Declines Noted Nine months revenue fell $417M, driven by lower export coal revenue and reduced overall merchandise volume.
Operating Margin Compressed Q3 Operating Margin dropped 710 basis points to 30.3%, reflecting higher operating expenses growth of 10%.
Outlook
New CEO Appointed Stephen F. Angel appointed President and CEO effective September 28, 2025, following Board announcement.
2025 Capital Spending Planned Planned 2025 capital investments expected near $2.5B, plus additional costs for Hurricane Helene recovery efforts.
Favorable Tax Impact Expected New tax law provisions expected to yield favorable cash tax impacts of approximately $250M for the 2025 tax year.
Peer Comparison
Revenue (TTM)
UPS$89.37B
$23.60B
RSG$16.50B
Gross Margin (Latest Quarter)
75.9%
CP68.6%
CNI44.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| UPS | $90.70B | 16.5 | 34.4% | 40.9% |
| ITW | $76.80B | 25.3 | 93.3% | 55.4% |
| JCI | $75.00B | 42.0 | 11.4% | 26.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
8.0%
Steady Growth
4Q Net Income CAGR
-2.8%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Jan 22, 2026
EPS:$0.41
|Revenue:$3.54B
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 16, 2025|Revenue: $4.46B+23.2%|EPS: $0.37-19.6%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Jul 23, 2025|Revenue: $3.57B-3.4%|EPS: $0.44-12.0%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 16, 2025|Revenue: $3.42B-7.0%|EPS: $0.34-26.1%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 27, 2025|Revenue: $14.54B-0.8%|EPS: $1.79-3.2%MeetForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 17, 2024|Revenue: $3.62B+1.3%|EPS: $0.46+9.5%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 5, 2024|Revenue: $3.70B+0.1%|EPS: $0.50+2.0%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: Apr 18, 2024|Revenue: $3.68B-0.7%|EPS: $0.46-4.2%MeetForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 14, 2024|Revenue: $14.66B-1.3%|EPS: $1.85-5.1%Meet