Tearsheet

CSX (CSX)

Market Price (9/14/2025): $32.3 | Market Cap: $60.3 Bil
Sector: Industrials | Industry: Rail Transportation

CSX (CSX)

Market Price (9/14/2025): $32.3
Market Cap: $60.3 Bil
Sector: Industrials
Industry: Rail Transportation

Investment Highlights

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.3%	Weak multi-year price returns 2Y Excs Rtn is -36%, 3Y Excs Rtn is -59%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6%, Rev Chg QQuarterly Revenue Change % is -3.4%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 35%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%, CFO LTM is 5.0 Bil, FCF LTM is 2.0 Bil
3	Low stock price volatility Vol 12M is 26%

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.3%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 35%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%, CFO LTM is 5.0 Bil, FCF LTM is 2.0 Bil
3	Low stock price volatility Vol 12M is 26%
4	Weak multi-year price returns 2Y Excs Rtn is -36%, 3Y Excs Rtn is -59%
5	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6%, Rev Chg QQuarterly Revenue Change % is -3.4%

Market Valuation

	9/14/25	2024	2023	2022	2021
Share Price CYE	$32.30	$31.88	$33.79	$29.77	$35.68
Market Cap CYE ($ Bil)	60.3	61.1	66.4	61.8	78.9
Total Debt ($ Bil)	19.7	19.0	19.0	18.5	16.8
Total Cash ($ Bil)	0.4	1.0	1.4	2.1	2.3
Enterprise Value ($ Bil)	79.6	80.1	85.4	80.3	95.7
Valuation Ratios
P/S TTM	4.3	4.3	4.8	4.5	6.8
P/EBIT TTM	12.3	11.6	12.3	10.9	14.9
P/E TTM	19.4	18.0	19.0	16.1	22.4
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.4	1.1	1.6
P/EBIT TTM (Sector)	11.4	10.2	10.0	8.3	12.1
P/E TTM (Sector)	16.6	13.7	14.0	11.2	15.6

	9/14/25	2024	2023
Share Price CYE	$32.30	$31.88	$33.79
Market Cap CYE ($ Bil)	60.3	61.1	66.4
Total Debt ($ Bil)	19.7	19.0	19.0
Total Cash ($ Bil)	0.4	1.0	1.4
Enterprise Value ($ Bil)	79.6	80.1	85.4
Valuation Ratios
P/S TTM	4.3	4.3	4.8
P/EBIT TTM	12.3	11.6	12.3
P/E TTM	19.4	18.0	19.0
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.4
P/EBIT TTM (Sector)	11.4	10.2	10.0
P/E TTM (Sector)	16.6	13.7	14.0

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

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 transports chemicals, agricultural and food products, automotive, minerals, 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. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
CSX Return	27%	26%	-17%	14%	-6%	2%	45%
Peers Return	23%	25%	-16%	11%	-3%	6%	48%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: UNP, NSC, CSX. See CSX Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)

Interactive Breakdown

CSX Interactive Breakdown Analysis

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	CSX Earnings Notes
2	How Does CSX Stack Up Against Its Peers?
3	Day 5 of Loss Streak for CSX Stock with -11% Return (vs. 1.3% YTD) [8/26/2025]	Notification
4	Better Bet Than CSX Stock: Pay Less Than CSX To Get More From NSC	Actionable
5	CSX Dropped 9.6% In A Month. Have You Fully Evaluated The Risk?	Return
6	CSX vs Cheniere Energy: Which Is A Better Investment?	Counter-Intuitive Comparisons
7	CSX vs Willis Lease Finance: Which Is A Better Investment?	Counter-Intuitive Comparisons
8	Better Bet Than CSX Stock: Pay Less Than CSX To Get More From UNP, NSC
9	Better Bet Than CSX Stock: Pay Less Than CSX To Get More From NSC, UNP
10	CSX Dip Buy Analysis
11	ARTICLES
12	How Does CSX Stack Up Against Its Peers?		August 27th, 2025
13	CSX Stock Down -11% after 5-Day Loss Streak		August 26th, 2025
14	Buy or Sell CSX Stock?		August 26th, 2025
15	Better Bet Than CSX Stock: Pay Less To Get More From NSC		August 25th, 2025
16	CSX Dropped 5.1% In A Day. Have You Fully Evaluated The Risk?		August 25th, 2025

	Title
0	DASHBOARDS
1	How Does CSX Stack Up Against Its Peers?
2	CSX Stock Down -11% after 5-Day Loss Streak
3	Buy or Sell CSX Stock?
4	Better Bet Than CSX Stock: Pay Less To Get More From NSC
5	CSX Dropped 5.1% In A Day. Have You Fully Evaluated The Risk?
6	ARTICLES
7	CSX Earnings Notes
8	How Does CSX Stack Up Against Its Peers?
9	Day 5 of Loss Streak for CSX Stock with -11% Return (vs. 1.3% YTD) [8/26/2025]
10	Better Bet Than CSX Stock: Pay Less Than CSX To Get More From NSC
11	CSX Dropped 9.6% In A Month. Have You Fully Evaluated The Risk?
12	CSX vs Cheniere Energy: Which Is A Better Investment?
13	CSX vs Willis Lease Finance: Which Is A Better Investment?
14	Better Bet Than CSX Stock: Pay Less Than CSX To Get More From UNP, NSC
15	Better Bet Than CSX Stock: Pay Less Than CSX To Get More From NSC, UNP
16	CSX Dip Buy Analysis

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11249.2%	11249.2%
2	GIBO	GIBO	7400.0%
3	LNZA	LanzaTech Global	4710.5%	-85.8%
4	CHSN	Chanson International	3717.0%	-99.3%
5	QMMM	QMMM	2669.4%	5698.4%
6	VTAK	Catheter Precision	1332.7%	-71.4%
7	CURX	Curanex Pharmaceuticals	1309.0%	1309.0%
8	OCTO	Eightco	811.9%	562.1%
9	WLDS	Wearable Devices	708.6%	8.0%
10	PTNM	Pitanium	423.7%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	BINI	Bollinger Innovations	-93.4%	-100.0%
2	ETS	Elite Express	-92.8%	-92.8%
3	CJET	Chijet Motor	-92.7%	-94.6%
4	ELPW	Elong Power	-91.7%	-75.8%
5	STFS	Star Fashion Culture	-91.4%	-97.8%
6	JEM	707 Cayman	-90.4%	-98.0%
7	FLYE	Fly-E	-90.4%	-82.8%
8	NXTT	Next Technology	-89.3%	-93.8%
9	NUTR	NusaTrip	-87.2%	-87.2%
10	CUPR	Cuprina	-84.3%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

Peer Comparisons for CSX

Financials

	CSX	UNP	NSC	Median
Name	CSX	Union Pa.	Norfolk .
Mkt Price	32.30	214.78	274.87	214.78
Mkt Cap	60.3	127.6	61.8	61.8
Rev LTM	14,155	24,393	12,178	14,155
Op Inc LTM	4,940	9,837	5,129	5,129
FCF LTM	2,006	6,261	2,024	2,024
FCF 3Y Avg	2,688	5,529	1,575	2,688
CFO LTM	4,964	9,856	4,204	4,964
CFO 3Y Avg	5,216	9,154	3,823	5,216

Growth & Margins

	CSX	UNP	NSC	Median
Name	CSX	Union Pa.	Norfolk .
Rev Chg LTM	-3.3%	1.1%	0.7%	0.7%
Rev Chg 3Y Avg	0.6%	1.4%	1.0%	1.0%
Rev Chg Q	-3.4%	2.4%	2.2%	2.2%
QoQ Delta Rev Chg LTM	-0.9%	0.6%	0.5%	0.5%
Op Mgn LTM	34.9%	40.3%	42.1%	40.3%
Op Mgn 3Y Avg	36.9%	39.2%	38.7%	38.7%
QoQ Delta Op Mgn LTM	-0.8%	0.3%	0.5%	0.3%
CFO/Rev LTM	35.1%	40.4%	34.5%	35.1%
CFO/Rev 3Y Avg	35.7%	37.5%	31.0%	35.7%
FCF/Rev LTM	14.2%	25.7%	16.6%	16.6%
FCF/Rev 3Y Avg	18.3%	22.6%	12.7%	18.3%

Valuation

	CSX	UNP	NSC	Median
Name	CSX	Union Pa.	Norfolk .
Mkt Cap	60.3	127.6	61.8	61.8
P/S	4.3	5.2	5.1	5.1
P/EBIT	12.3	12.5	12.0	12.3
P/E	19.4	18.4	18.5	18.5
P/CFO	12.1	12.9	14.7	12.9
Total Yield	6.3%	8.0%	5.4%	6.3%
Dividend Yield	1.2%	2.5%	0.0%	1.2%
FCF Yield 3Y Avg	4.1%	4.2%	2.9%	4.1%
D/E	0.3	0.3	0.3	0.3
Net D/E	0.3	0.3	0.3	0.3

Returns

	CSX	UNP	NSC	Median
Name	CSX	Union Pa.	Norfolk .
1M Rtn	-10.2%	-2.1%	-2.1%	-2.1%
3M Rtn	1.5%	-3.2%	11.0%	1.5%
6M Rtn	9.1%	-8.4%	19.6%	9.1%
12M Rtn	-1.6%	-11.7%	14.2%	-1.6%
3Y Rtn	12.4%	5.6%	23.3%	12.4%
1M Excs Rtn	-11.5%	-4.9%	-4.3%	-4.9%
3M Excs Rtn	-8.3%	-13.0%	0.9%	-8.3%
6M Excs Rtn	-6.9%	-26.4%	2.7%	-6.9%
12M Excs Rtn	-21.4%	-32.7%	-10.7%	-21.4%
3Y Excs Rtn	-59.1%	-64.6%	-44.4%	-59.1%

Comparison Analyses

	Title
0	CSX vs. Humana: With Return Forecast Of 20%, Humana Is A Better Bet
1	Why BKNG With 45% Upside May Beat CSX?
2	Why CSX With 5.9% Upside May Beat NSC?
3	CSX vs. Old Dominion Freight Line: Neither Seems Like A Good Bet
4	UNP Looks Stronger Than CSX With 6.8% Return Potential
5	CSX vs. Altria Group: Neither Seems Like A Good Bet
6	CSX vs. LIN Media: With Return Forecast Of 36%, LIN Media Is A Better Bet
7	CSX vs. Accenture: With Return Forecast Of 18%, Accenture Is A Better Bet
8	CSX vs. Fidelity National Information Services: With Return Forecast Of 39%, Fidelity National Information Services Is A Better Bet
9	CSX vs. Booking Holdings: With Return Forecast Of 25%, Booking Holdings Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End		12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date		2/27/2025	2/14/2024	2/15/2023	2/16/2022	2/10/2021	2/12/2020
Key Financials
Total Revenue	14,155	14,540	14,657	14,853	12,522	10,583	11,937
Ebitda	6,595	7,045	7,245	7,589	7,093	5,764	6,402
Operating Income	4,940	5,392	5,494	5,795	5,204	4,369	4,857
Net Income	3,102	3,470	3,668	4,114	3,781	2,765	3,331
EPS	1.63	1.79	1.83	1.93	1.68	1.20	1.39
Growth Rates
Total Revenue Growth	-3.3%	-0.8%	-1.3%	18.6%	18.3%	-11.3%	-2.6%
EBITDA Growth	-7.6%	-2.8%	-4.5%	7.0%	23.1%	-10.0%	2.0%
Operating Income Growth	-8.3%	-1.9%	-5.2%	11.4%	19.1%	-10.0%	-1.0%
Net Income Growth	-12.7%	-5.4%	-10.8%	8.8%	36.7%	-17.0%	0.7%
Margins
EBITDA Margin	46.6%	48.5%	49.4%	51.1%	56.6%	54.5%	53.6%
Operating Income Margin	34.9%	37.1%	37.5%	39.0%	41.6%	41.3%	40.7%
Net Income Margin	21.9%	23.9%	25.0%	27.7%	30.2%	26.1%	27.9%
Cash & Debt
Total Cash	393	1,005	1,436	2,087	2,316	3,131	1,954
Total Debt	19,650	18,989	19,024	18,535	16,844	17,160	16,731
Net Debt / (Cash)	19,257	17,984	17,588	16,448	14,528	14,029	14,777
Cash Flows
Net Cash from Operations	4,964	5,247	5,514	5,526	5,099	4,263	4,850
Free Cash from Operations	2,006	2,718	3,257	3,413	3,308	2,637	3,193
Returns to Shareholders
Dividends	950	930	882	852	839	797	763
Share Repurchases	2,599	2,237	3,482	4,731	2,886	867	3,373

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	7/23/2025	4/16/2025	2/27/2025	10/17/2024	8/5/2024	4/18/2024	2/14/2024	10/20/2023	7/20/2023	4/20/2023	2/15/2023	10/21/2022
Key Financials Quarterly
Total Revenue	3,574	3,423	3,539	3,619	3,701	3,681	3,680	3,572	3,699	3,706	3,730	3,895
Ebitda	1,732	1,492	1,565	1,806	1,886	1,788	1,753	1,708	1,903	1,898	1,829	1,994
Operating Income	1,283	1,041	1,261	1,355	1,448	1,337	1,336	1,265	1,454	1,456	1,414	1,552
Net Income	829	646	733	894	963	880	882	828	984	987	966	1,111
EPS	0.44	0.34	0.39	0.46	0.50	0.45	0.45	0.42	0.49	0.48	0.49	0.52
Key Financials TTM
Total Revenue TTM	14,155	14,282	14,540	14,681	14,634	14,632	14,657	14,707	15,030	15,146	14,853	14,550
Ebitda TTM	6,595	6,749	7,045	7,233	7,135	7,152	7,262	7,338	7,624	7,819	7,589	7,505
Operating Income TTM	4,940	5,105	5,401	5,476	5,386	5,392	5,511	5,589	5,876	5,996	5,795	5,787
Net Income TTM	3,102	3,236	3,470	3,619	3,553	3,574	3,681	3,765	4,048	4,242	4,114	4,082
Growth Rates Quarterly
Total Revenue Growth	-3.4%	-7.0%	-3.8%	1.3%	0.1%	-0.7%	-1.3%	-8.3%	-3.0%	8.6%	8.8%	18.3%
EBITDA Growth	-8.2%	-16.6%	-10.7%	5.7%	-0.9%	-5.8%	-4.2%	-14.3%	-9.3%	13.8%	4.8%	9.4%
Operating Income Growth	-11.4%	-22.1%	-5.6%	7.1%	-0.4%	-8.2%	-5.5%	-18.5%	-7.6%	16.0%	0.6%	12.8%
Net Income Growth	-13.9%	-26.6%	-16.9%	8.0%	-2.1%	-10.8%	-8.7%	-25.5%	-16.5%	14.9%	3.4%	14.8%
Margins Quarterly
EBITDA Margin	48.5%	43.6%	44.2%	49.9%	51.0%	48.6%	47.6%	47.8%	51.4%	51.2%	49.0%	51.2%
Operating Income Margin	35.9%	30.4%	35.6%	37.4%	39.1%	36.3%	36.3%	35.4%	39.3%	39.3%	37.9%	39.8%
Net Income Margin	23.2%	18.9%	20.7%	24.7%	26.0%	23.9%	24.0%	23.2%	26.6%	26.6%	25.9%	28.5%
Cash & Debt
Total Cash	393	1,147	1,005	1,656	1,242	1,485	1,436	1,439	1,034	1,469	2,087	2,399
Total Debt	19,650	19,615	18,989	19,035	19,008	19,002	19,024	18,949	18,393	18,400	18,535	18,537
Net Debt / (Cash)	19,257	18,468	17,984	17,379	17,766	17,517	17,588	17,510	17,359	16,931	16,448	16,138
Cash Flows Quarterly
FCF from Operations	635	1,255	1,388	1,686	1,107	1,066	1,489	1,552	1,222	1,251	1,271	1,725
Cash Flows TTM
FCF from Operations TTM	4,964	5,436	5,247	5,348	5,214	5,329	5,514	5,296	5,469	5,478	5,526	5,535
Returns to Shareholders Quarterly
Dividends	243	245	230	232	233	235	216	218	222	226	207	212
Share Repurchases	421	751	1,025	402	563	247	581	971	863	1,067	1,021	1,195
Return on Invested Capital (ROIC) Quarterly
ROIC	17.9%	14.9%	19.3%	20.6%	21.8%	20.2%	20.6%	19.2%	22.5%	23.0%	23.7%	26.2%
Return on Invested Capital (ROIC) TTM
ROIC TTM	17.3%	18.5%	20.1%	21.0%	20.2%	20.6%	21.0%	21.6%	23.1%	24.0%	23.9%	24.1%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Rail	13,775	13,887	12,522	10,583	11,937
Trucking Revenue	887	968
Elimination of intersegment revenues	-5	-2
Total	14,657	14,853	12,522	10,583	11,937

Operating Income by Segment

$ Mil	2024	2023
Rail	5,467	5,902
Trucking Revenue and Eliminations	882	966
Trucking Expenses and Eliminations	-850	-914
Total	5,499	5,954

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Rail	42,000
Total	42,000

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$32.47
Market Cap ($ Bil)	60.6
First Trading Date	11/03/1980
Distance from 52W High	-10.7%
	50 Days	200 Days
DMA Price	$34.17	$31.93
DMA Trend	indeterminate	up
Distance from DMA	-5.0%	1.7%
	3M	1YR
Volatility	22.5%	26.2%
Downside Capture	0.47	0.60
Upside Capture	78.72	63.41
Correlation (SPY)	28.9%	55.9%

CSX Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.41	0.48	0.68	0.75	0.73	0.79
Up Beta	-0.78	-0.51	-0.01	0.72	0.85	0.89
Down Beta	-0.01	0.47	0.94	0.71	0.63	0.70
Up Capture	25%	68%	74%	73%	47%	40%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	10	19	32	67	130	379
Down Capture	203%	149%	111%	89%	81%	95%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	11	23	31	59	118	370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	29,137,821
Short Interest: % Change Since 8152025	6.0%
Average Daily Volume	32,064,686
Days-to-Cover Short Interest	1
Basic Shares Quantity	1,867,000,000
Short % of Basic Shares	1.6%

Returns Analyses

	Title
0	CSX Dropped 9.6% In A Month. Have You Fully Evaluated The Risk?
1	CSX Down 9.6% In A Month. How Confident Are You In The Stock?
2	CSX During 2008 Recession vs. 2022 Inflation Shock: CSX Stock Has 14% Upside If It Recovers To Pre-Inflation Shock Levels
3	CSX Stock Return Comparison

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/23/2025	0.1%	0.9%	2.6%
4/16/2025	1.2%	2.9%	14.5%
1/23/2025	-2.9%	-2.4%	-5.5%
10/16/2024	-6.7%	-5.3%	0.5%
8/5/2024	2.6%	1.5%	6.0%
4/17/2024	0.7%	-1.4%	-0.7%
1/24/2024	1.8%	3.8%	11.5%
10/19/2023	0.7%	-3.1%	3.5%
...
SUMMARY STATS
# Positive	16	12	17
# Negative	8	12	7
Median Positive	1.7%	3.7%	5.1%
Median Negative	-3.1%	-2.4%	-1.6%
Max Positive	4.3%	11.9%	16.5%
Max Negative	-6.7%	-5.4%	-12.4%

	Forward Returns
7/23/2025	0.1%	0.9%	2.6%
4/16/2025	1.2%	2.9%	14.5%
1/23/2025	-2.9%	-2.4%	-5.5%
10/16/2024	-6.7%	-5.3%	0.5%
8/5/2024	2.6%	1.5%	6.0%
4/17/2024	0.7%	-1.4%	-0.7%
1/24/2024	1.8%	3.8%	11.5%
10/19/2023	0.7%	-3.1%	3.5%
7/20/2023	-3.7%	-2.0%	-8.4%
4/20/2023	3.3%	-1.4%	4.9%
1/25/2023	-2.9%	1.7%	-1.0%
10/20/2022	1.7%	6.4%	14.0%
7/20/2022	4.2%	7.1%	15.5%
4/20/2022	2.8%	-2.3%	-12.4%
1/20/2022	-3.2%	-4.8%	-1.6%
10/20/2021	1.6%	4.1%	5.1%
7/21/2021	3.5%	1.1%	6.4%
4/20/2021	4.3%	3.5%	-0.1%
1/21/2021	-4.3%	-5.4%	1.1%
10/21/2020	3.8%	-3.5%	16.5%
7/22/2020	-2.4%	-1.8%	0.9%
4/22/2020	1.0%	11.9%	11.3%
1/16/2020	-0.4%	-0.1%	3.6%
10/16/2019	1.1%	4.7%	4.1%
SUMMARY STATS
# Positive	16	12	17
# Negative	8	12	7
Median Positive	1.7%	3.7%	5.1%
Median Negative	-3.1%	-2.4%	-1.6%
Max Positive	4.3%	11.9%	16.5%
Max Negative	-6.7%	-5.4%	-12.4%

SEC Filings

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Report Date	Filing
6302025	10-Q 6/30/2025
3312025	10-Q 3/31/2025
12312024	10-K 12/31/2024
9302024	10-Q 9/30/2024
6302024	10-Q 6/30/2024
3312024	10-Q 3/31/2024
12312023	10-K 12/31/2023
9302023	10-Q 9/30/2023
6302023	10-Q 6/30/2023
3312023	10-Q 3/31/2023
12312022	10-K 12/31/2022
9302022	10-Q 9/30/2022
6302022	10-Q 6/30/2022
3312022	10-Q 3/31/2022
12312021	10-K 12/31/2021
9302021	10-Q 9/30/2021

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Fortune Stephen	EVP - CD&TO	3052025	Sell	31.41	1,500	47,115	2,636,524	Form
1	Goldman Nathan D	EVP & CLO	11202024	Sell	35.40	48,588	1,720,015	7,185,881	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
CSX Return	27%	26%	-17%	14%	-6%	2%	45%
Peers Return	23%	25%	-16%	11%	-3%	6%	48%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%
Monthly Win Rates [3]
CSX Win Rate	75%	58%	33%	50%	50%	50%
Peers Win Rate	67%	53%	36%	47%	44%	58%
S&P 500 Win Rate	58%	75%	42%	67%	75%	62%
Max Drawdowns [4]
CSX Max Drawdown	-34%	-8%	-29%	-9%	-8%	-17%
Peers Max Drawdown	-36%	-5%	-28%	-14%	-9%	-12%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

CSX (CSX)

Market Price (9/14/2025): $32.3 | Market Cap: $60.3 BilSector: Industrials | Industry: Rail Transportation

CSX (CSX)

Market Price (9/14/2025): $32.3Market Cap: $60.3 BilSector: IndustrialsIndustry: Rail Transportation

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Market Price (9/14/2025): $32.3 | Market Cap: $60.3 Bil
Sector: Industrials | Industry: Rail Transportation

Market Price (9/14/2025): $32.3
Market Cap: $60.3 Bil
Sector: Industrials
Industry: Rail Transportation