CSX

CSX
D

CSX

Arincen57/100B

If you had invested in CSX ago, it would be worth $5,164 today, against $4,111 in SPY and $6,388 in QQQ.

ArincenArincen ScoreBeta

57/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength2

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

CSX key facts

Style
Blend stock · 5.4/10Growth 5.4 · Value 4.3 · Dividend 4.2
Day range
51.180 – 51.920
52-week range
33.630 – 53.600
Market capitalization
95.70B USD
P/E
26.90
PEG ratio
1.95
EPS
1.93
Div Yield
1.08%
EPS growth forecast (FY2026)
+27.9%
Volume
0
Beta
1.11
ESG score
65.1/100Environment 61 · Social 62 · Governance 73
Sector
Industrials
Industry
Railroads
CEO
Stephen F. Angel
Employees
22K
Website
csx.com
IPO date
3 Nov 1980

CSX earnings

Next earnings · Q4 FY2026
EPS estimate
0.53 USD
Revenue estimate
3.98B USD
Last quarter · Q3 FY2026
EPS0.57Beat +7.3%Revenue4.02BBeat +1.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20270.63——+10.45%4.18B——+3.95%
Q2 FY20270.63——+16.06%4.16B——+5.71%
Q1 FY20270.51——+18.81%3.81B——+9.56%
Q4 FY20260.53——+35.90%3.98B——+13.41%
Q3 FY20260.530.57+7.34%+29.55%3.96B4.02B+1.47%-9.87%
Q2 FY20260.520.54+4.25%+22.73%3.89B3.94B+1.05%+10.10%
Q1 FY20260.390.43+10.54%+26.47%3.49B3.48B-0.18%+1.72%
Q4 FY20250.410.39-5.11%-7.14%3.54B3.51B-0.92%-0.88%
Q3 FY20250.420.44+3.75%-4.35%3.57B4.46B+24.85%+23.24%
Q2 FY20250.420.44+5.85%-10.20%3.58B3.57B-0.06%-3.43%

CSX analyst forecast

12-month price target
52.47 USD
+1.07%

Analysts' 1-year price targets range from 32.00 to 60.00, with an average of 52.47.

Past year
1-year forecast
Strong sellStrong buy
Buy
16 ratings
Buy
10
Hold
5
Sell
1

12-month price target

Highest target60.00
Average target52.47
Lowest target32.00
Current price51.92

CSX valuation

Price to earnings ratio (TTM)
26.90
Forward P/E (FY2026)
25.21
Price to sales (TTM)
6.40
Price to book
6.66
EV / EBITDA (TTM)
15.81

Capital structure

Market capitalization
95.70B USD
+
Total debt
19.30B USD
−
Cash and short-term investments
1.61B USD
=
Enterprise value
113.39B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)20.15————
FY2027 (est.)22.1120.15———
FY2026 (est.)25.2122.11———
Now (TTM)26.9022.486.406.6615.81
FY202523.5417.614.795.1313.76
FY202418.0319.714.305.0011.43
FY202318.9516.894.755.8112.05
FY202215.8916.894.465.2410.90
FY202122.3819.886.766.2713.99

CSX against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Norfolk Southern, Union Pacific, and Westinghouse Air Brake Technologies, the US Railroads companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median26.9
    14.731.2
  • Gross marginLowest in 5 years33.2%
    33.2%42.2%
    Against its peers: 3 of 4Peers' median 42.4%
  • Operating marginLowest in 5 years32.1%
    32.1%41.2%
    Against its peers: 3 of 4Peers' median 32.9%
  • Net marginLowest in 5 years20.5%
    20.5%30.2%
    Against its peers: 3 of 4Peers' median 23.6%
  • Return on equityLowest in 5 years22.0%
    22.0%32.6%
    Against its peers: 2 of 4Peers' median 18.5%
  • Free cash flow marginLowest in 5 years12.1%
    12.1%26.4%
    Against its peers: 4 of 4Peers' median 17.7%
  • Revenue growthLowest in 5 years-3.1%
    -3.1%18.6%
    Against its peers: 4 of 4Peers' median 1.1%
  • EPS growthLowest in 5 years-14.0%
    -14.0%40.0%
    Against its peers: 4 of 4Peers' median 10.2%
  • Debt to EBITDAHighest in 5 years3.09×
    2.37×3.09×
    Against its peers: 4 of 4Peers' median 2.46×
  • Current ratioLowest in 5 years0.81
    0.811.73
    Against its peers: 4 of 4Peers' median 0.91

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

CSX growth and profitability

Revenue (TTM)
14.94B USD
Net income (TTM)
3.58B USD
Gross margin
36.40%
Operating margin
36.40%
Net margin
23.97%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202514.09B-3.08%2.89B-16.74%33.25%32.08%20.50%6.27B-11.00%
FY202414.54B-0.80%3.47B-5.40%37.87%36.91%23.87%7.05B-2.76%
FY202314.66B-1.32%3.67B-10.84%38.23%37.30%25.03%7.25B-4.53%
FY202214.85B+18.62%4.11B+8.81%38.48%40.09%27.70%7.59B+6.99%
FY202112.52B+18.32%3.78B+36.75%42.24%41.20%30.19%7.09B+23.06%

CSX revenue breakdown

By product

FY2025
Total Merchandise: 64.6%Intermodal: 15.4%Coal Services: 14.0%Trucking: 6.0%64.6%Total Merchandise15.4%Intermodal14.0%Coal Services6.0%Trucking
SegmentRevenueShare of revenueChange on the year
Total Merchandise8.80B64.6%-1.1%
Intermodal2.10B15.4%+5.0%
Coal Services1.90B14.0%-13.6%
Trucking816.00M6.0%-3.3%

How CSX makes its money

Revenue14.09B 100.0%
Cost of revenue9.41B 66.8%
Gross profit4.69B 33.2%
Other operating expenses164.00M 1.2%
Operating income4.52B 32.1%
Tax880.00M 6.2%
Other expense752.00M 5.3%
Net income2.89B 20.5%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

CSX dividends

Annual dividend
0.56 USD
Dividend yield (indicated)
1.08%
Payout ratio
35.75%
Years of dividend growth
22
Frequency
Quarterly
Next payment
0.14 USD
Next ex-dividend date
30 Nov 2026
Next payment date
15 Dec 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share0.520.480.440.400.370.350.320.290.260.24

CSX financial health

Cash and short-term investments
1.61B USD
Total debt
19.30B USD
Net cash
-17.69B USD
Free cash flow (TTM)
3.21B USD
Current ratio
0.84
Debt to equity
1.34
Piotroski score
8 / 9
Altman Z-score
2.85

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025675.00M19.35B1.71B
FY20241.01B18.99B2.72B
FY20231.44B19.02B3.26B
FY20222.09B18.54B3.49B
FY20212.32B16.84B3.31B

CSX ownership

Institutions
80.08%
Institutional holders
2,062 (+118)
Free float
99.86%

Who owns the shares

Institutions 80.1% Others 19.9%
As of 30 Jun 2026

Shares free to trade

Free float 1.84B shares ·99.9% Closely held 2.54M shares ·0.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 202601369.0019.50K
Q3 20260214.32K68.61K
Q2 202602138.11K283.42K
Q1 2026131.12M345.37K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20251.86B1.86B-4.07%
FY20241.94B1.94B-3.48%
FY20232.01B2.01B-5.98%
FY20222.14B2.14B-5.06%
FY20212.25B2.26B-2.13%

Source: Financial Modeling Prep

Related Instruments

Title: CSX Corp

Sector: Industrials
Industry: Railroads
Operating in the Eastern United States, Class I railroad CSX generated revenue of nearly $14 billion in 2025. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.

Common questions about CSX stock