NASDAQ · Financial Statements

CSX Corporation (CSX) Financial Statements

$50.79 NASDAQ: CSX Market Cap $94.09B

CSX Corporation most recently reported annual revenue of $14.1B, net profit of $2.9B. Revenue grew at an average annual rate of 5.9% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

CSX Corporation: Revenue rose from $11.1B in 2016 to $14.1B in 2025, a change of +27.3% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 29.6% to 32.1%, a shift of +2.5 percentage points; the most recent year shows net profit of $2.9B.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$11.1B$11.4B$12.3B$11.9B$10.6B$12.5B$14.9B$14.7B$14.5B$14.1B
Operating Expenses$7.8B$7.7B$7.6B$7.2B$6.2B$7.4B$8.9B$9.2B$9.2B$9.6B
Operating Profit$3.3B$3.7B$4.6B$4.7B$4.3B$5.2B$6.0B$5.5B$5.4B$4.5B
Operating Margin29.6%32.9%37.9%39.8%41.0%41.2%40.1%37.3%36.9%32.1%
Other Income$-533.0M$-606.0M$-339.0M$-429.0M$-708.0M$-208.0M$-609.0M$-638.0M$-811.0M$-752.0M
Interest$579.0M$546.0M$639.0M$737.0M$754.0M$722.0M$742.0M$809.0M$832.0M$844.0M
Depreciation$1.3B$1.3B$1.3B$1.3B$1.4B$1.4B$1.5B$1.6B$1.7B$1.3B
Profit Before Tax$2.7B$3.1B$4.3B$4.3B$3.6B$5.0B$5.3B$4.8B$4.6B$3.8B
Tax$37.5M$-74.1M$23.1M$22.8M$23.8M$23.6M$23.0M$24.0M$23.8M$23.4M
Net Profit$1.7B$5.5B$3.3B$3.3B$2.8B$3.8B$4.1B$3.7B$3.5B$2.9B
EPS$0.60$2.00$1.28$1.39$1.20$1.68$1.95$1.82$1.79$1.54
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$3.6B$3.7B$3.7B$3.7B$3.6B$3.5B$3.4B$3.6B$3.6B$3.5B$3.5B$3.9B
Operating Expenses$2.3B$2.4B$2.3B$2.3B$2.3B$2.3B$2.4B$2.3B$2.5B$2.4B$2.2B$2.4B
Operating Profit$1.3B$1.3B$1.3B$1.4B$1.4B$1.2B$1.0B$1.3B$1.1B$1.1B$1.3B$1.5B
Operating Margin35.3%35.5%36.3%38.7%37.5%34.2%30.4%35.9%30.3%31.6%36.0%38.3%
Interest$203.0M$204.0M$210.0M$209.0M$206.0M$207.0M$209.0M$212.0M$210.0M$213.0M$213.0M$211.0M
Profit Before Tax$1.1B$1.1B$1.2B$1.3B$1.2B$936.0M$858.0M$1.1B$898.0M$920.0M$1.1B$1.3B
Tax$24.9M$22.9M$24.7M$24.0M$24.5M$21.7M$24.7M$24.1M$22.7M$21.7M$24.1M$24.1M
Net Profit$828.0M$882.0M$880.0M$963.0M$894.0M$733.0M$646.0M$829.0M$694.0M$720.0M$807.0M$1.0B
EPS$0.42$0.45$0.45$0.49$0.46$0.38$0.34$0.44$0.37$0.39$0.43$0.54

Over the 10 years reported for CSX Corporation, borrowings increased from $11.3B in 2016 to $19.4B in 2025, cash stood at $670.0M in the latest year, shareholders' equity was $1.9B, current assets covered current liabilities 0.81 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$35.4B$35.7B$36.7B$38.3B$39.8B$40.5B$41.9B$42.2B$42.8B$43.7B
Current Assets$2.5B$1.9B$2.6B$3.3B$4.4B$3.9B$3.8B$3.4B$2.8B$2.5B
Cash$603.0M$401.0M$858.0M$958.0M$3.1B$2.2B$2.0B$1.4B$933.0M$670.0M
Inventory$407.0M$372.0M$263.0M$261.0M$302.0M$339.0M$341.0M$440.0M$414.0M$390.0M
Receivables$938.0M$970.0M$1.0B$986.0M$912.0M$1.1B$1.3B$1.4B$1.3B$1.3B
Fixed Assets$31.1B$31.8B$32.0B$32.7B$32.9B$33.5B$34.7B$35.2B$36.1B$37.3B
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$1.9B$1.7B$2.0B$2.9B$2.0B$2.2B$2.4B$2.5B$2.6B$2.6B
Other Assets$63.0M$63.0M$0$0$63.0M$276.0M$319.0M$325.0M$239.0M$80.0M
Total Liabilities$23.7B$21.0B$24.1B$26.4B$26.7B$27.0B$29.3B$30.2B$30.3B$30.5B
Current Liabilities$2.0B$1.9B$1.9B$2.2B$2.0B$2.2B$2.5B$3.2B$3.3B$3.1B
Borrowings$11.3B$11.8B$14.8B$16.7B$17.2B$16.8B$18.5B$19.0B$19.0B$19.4B
Other Liabilities$12.4B$9.2B$9.4B$9.7B$9.5B$10.2B$10.8B$11.2B$11.3B$11.2B
Equity$928.0M$890.0M$818.0M$773.0M$2.3B$2.2B$2.1B$2.0B$1.9B$1.9B
Reserves$11.7B$14.7B$12.6B$11.9B$13.1B$13.5B$12.6B$12.0B$12.5B$13.2B

For CSX Corporation, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $1.7B; free cash flow was positive in 10 of 10 years; financing activities used $1.3B in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$3.0B$3.5B$4.6B$4.8B$4.3B$5.1B$5.6B$5.5B$5.2B$4.6B
Investing Cash Flow$-4.2B$-3.5B$-3.4B$-3.8B$-2.3B$-3.7B$-4.3B$-4.5B$-5.1B$-5.8B
Financing Cash Flow$-1.4B$-2.0B$-4.7B$-3.4B$-901.0M$-2.8B$-4.7B$-3.4B$-2.1B$-1.3B
Net Cash Flow$-25.0M$-202.0M$457.0M$100.0M$2.2B$-890.0M$-281.0M$-580.0M$-420.0M$-263.0M
Free Cash Flow$643.0M$1.4B$2.9B$3.2B$2.6B$3.3B$3.5B$3.3B$2.7B$1.7B

Valuation & Return Ratios

MetricValue
PEG Ratio4.41
EV / EBITDA15.67
FCF Yield5.79%
Quick Ratio0.72
Interest Coverage5.85
Return 1Y44.79%
Return 3Y78.47%
Return 5Y46.96%

CSX Corporation (CSX) financials — frequently asked questions

What is CSX Corporation's annual revenue?

CSX Corporation (CSX) reported annual revenue of $14.1B in its most recent fiscal year.

What is CSX Corporation's net profit?

CSX Corporation (CSX) reported net profit of $2.9B in its most recent fiscal year.

What is CSX EV/EBITDA?

CSX Corporation's enterprise value to EBITDA (EV/EBITDA) ratio is 15.67.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Industrials StocksLow P/E Industrials StocksHigh Net Margin Industrials StocksDividend Industrials StocksLow Debt Industrials StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksNasdaq High ROE StocksAll stock screens
CSX Overview CSX Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.