CSX
CSX Nasdaq· Rail Transportation
Last close · Oct 27, 2026
$52.27
KIRA · Stoqly’s AI analyst, in plain words
- CSX had $14.1B of revenue in fiscal 2025, down 3.1% on the year before. Over five years, revenue changed +5.9% a year on average.
- Its operating margin was 32.1%, down 4.0 pts: of every 100 in sales, about 32 is left after running the business.
- CSX made $2.9B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 11.0% a year.
- Free cash flow was $1.7B in fiscal 2025, 12.1% of revenue.
- CSX returned $2.4B to shareholders in fiscal 2025, 138% of free cash flow. The diluted share count fell 3.6%.
- CSX owes $18.2B more than it holds in cash, about 2.9 years of operating profit.
Market cap
$96.9B
P/E
27.2x
Revenue
$14.1B
Net income
$2.9B
Free cash flow
$1.7B
Operating margin
32.1%
CSX in 30 seconds · fiscal 2025
Are sales growing?
−3.1%
No. Sales fell 3.1% last year.
Does it make a profit?
20.5%
Yes. It keeps 20.5% of every sale as profit.
Does profit turn into cash?
12.1%
Yes. 12.1% of sales ends up as free cash.
Is debt under control?
2.9x
Keep an eye on it. Repaying its debt would take 2.9 years of operating profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
27.2x
One share costs 27.2 times its yearly profit per share. Typical for its sector: 26.0x.
What CSX does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 12, 2026
- Legal name
- CSX CORPORATION
- CIK
- 0000277948
CSX · CSX
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $12.5B | $14.9B | $14.7B | $14.5B | $14.1B |
| Revenue growth | 18.3% | 18.6% | −1.3% | −0.8% | −3.1% |
| Operating margin | 44.7% | 40.1% | 37.5% | 36.1% | 32.1% |
| Net income | $3.8B | $4.1B | $3.7B | $3.5B | $2.9B |
| Net margin | 30.2% | 27.7% | 25.0% | 23.9% | 20.5% |
| Diluted EPS | $1.68 | $1.92 | $1.82 | $1.79 | $1.54 |
| Cash | |||||
| Cash from operations | $5.1B | $5.5B | $5.5B | $5.2B | $4.6B |
| Capital expenditure | $1.8B | $2.1B | $2.3B | $2.5B | $2.9B |
| Free cash flow | $3.3B | $3.4B | $3.3B | $2.7B | $1.7B |
| FCF margin | 26.4% | 23.0% | 22.2% | 18.7% | 12.1% |
| Dividends paid | $839M | $852M | $882M | $930M | $972M |
| Share buybacks | $2.9B | $4.7B | $3.5B | $2.2B | $1.4B |
| Share count change | −2.2% | −5.1% | −6.0% | −3.5% | −3.6% |
| Debt and strength | |||||
| Cash and short-term investments | $2.3B | $2.1B | $1.4B | $1.0B | $675M |
| Debt incl. finance leases | $16.4B | $18.0B | $18.5B | $18.5B | $18.9B |
| Shareholders' equity | $13.5B | $12.5B | $12.0B | $12.5B | $13.2B |
| Net debt / EBITDA | 2.0x | 2.1x | 2.4x | 2.5x | 2.9x |
| Current ratio | 1.7x | 1.6x | 1.0x | 0.9x | 0.8x |
| Interest coverage | 7.8x | 8.0x | 6.8x | 6.3x | 5.4x |
| Returns and quality | |||||
| Return on capital | 15.8% | 16.4% | 14.5% | 13.5% | 11.3% |
| Return on equity | 28.5% | 31.7% | 30.0% | 28.3% | 22.5% |
| Piotroski F-score | 7 | 6 | 4 | 5 | 4 |
| Altman Z'' | 2.7 | 2.4 | 2.1 | 2.0 | 1.9 |
Insiders bought, 12 months
$1.0M
1 insider
Insiders sold, 12 months
$16.6M
6 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
CSX · CSX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| CSX CSX | $96.9B | −3.1% | 32.1% | 12.1% | 11.3% | 27.2x | 4 |
| Norfolk Southern NSC | $76.5B | 0.5% | 35.8% | 17.7% | 11.2% | 28.5x | 6 |
| Union Pacific UNP | $178.3B | 1.1% | 40.2% | 22.4% | 15.9% | 23.4x | 7 |
| Alaska Air Group ALK | $4.0B | 21.3% | 2.1% | 6.6% | 2.9% | — | 5 |
| MasTec MTZ | $13.9B | 16.2% | — | 2.0% | 11.2% | 28.1x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $52.27 a share, the company is worth $96.9B: 27.2 times its earnings of the last four quarters.
CSX grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000277948). Data updated October 21, 2026. For information only — not investment advice. Check the original filings before relying on any figure.
