CSX Corporation’s Expenses: How Does CSX Corporation Spend Its Money?

by Trefis Team
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CSX Corporation’s (NYSE: CSX) expenses are largely clubbed under its cost of revenues, which account for over 80% of the company’s total expenses. Looking at cost of revenues, labor and materials account for over 60% of the total cost of revenue expense. Over the last few years, the company has been able to control its costs, and improve its operating ratio. You can look at our interactive dashboard analysis ~ CSX Corporation’s Expenses: How Does CSX Corporation Spend Its Money? ~ for more details. In addition, you can see more of our data for industrial companies here.

CSX Corporation’s Total Expenses Declined By $414 Million Between 2016 And 2018, While The Revenues Grew By $1.2 Billion During The Same Period.

Over 70% of The Decline In Expenses From 2016 To 2018 Can Be Attributed To Cost of Revenue

Cost of Revenue As A Percentage of Revenue Has Been On A Decline, And This Trend Could Continue, And The Effective Tax Rate Has Broadly Been On A Decline, Especially With The Tax Reform In 2017.

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