CSX is one of the major US freight railroads, based in Florida. Its network spans the eastern US. It transports containers, chemicals, coal, cars, agricultural products and building materials, among other goods. As of Oct 11, 2026
CSX, based in Jacksonville, provides rail freight transport, including traditional carload shipments as well as containers and trailers in intermodal transport. The railroad subsidiary serves metropolitan areas east of the Mississippi as well as parts of Canada and reaches ports on the Atlantic and Gulf coasts. Its main lines of business are merchandise carloads, intermodal, coal and trucking. The group’s customers include manufacturers, industrial companies, the automotive industry, construction companies, farmers, retail and energy producers. One subsidiary transports liquid chemicals by truck, and another transfers goods from rail to truck for customers without a rail siding.
Automatically summarized from SEC annual report (10-K, filed Feb 12, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026
Our own calculation from the exchange’s daily candles, as of Oct 26, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Growth, margin and debt compared with the sector – in detail in the fundamental analysis further down. The chart shows the candles without a buy zone.
Growth: yellowMargin: greenDebt: gray
CSX Corporation · Sector Industrials · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 12, 2026.
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
Fiscal year to Dec 31, 2025
32.1% Fiscal year 2025
Rank 81 of 100: higher than 81% of 192 peers (All). strong.
Rank 95 of 100: higher than 95% of 28 peers (Sector). strong.
Median Industrials: 10.4%
Operating income divided by revenue: what the core business earns before interest and taxes.
20.5% Fiscal year 2025
Rank 67 of 100: higher than 67% of 237 peers (All). strong.
Rank 93 of 100: higher than 93% of 34 peers (Sector). strong.
Median Industrials: 12.9%
Profit after all costs, interest and taxes divided by revenue.
22.0% Fiscal year 2025
Rank 60 of 100: higher than 60% of 218 peers (All). medium.
Rank 39 of 100: higher than 39% of 32 peers (Sector). medium.
Median Industrials: 26.3%
Net income divided by equity at fiscal year end.
6.6% Fiscal year 2025 (total assets at year end)
Rank 55 of 100: higher than 55% of 238 peers (All). medium.
Rank 40 of 100: higher than 40% of 34 peers (Sector). medium.
Median Industrials: 7.5%
Net income divided by total assets at fiscal year end.
30.1% Fiscal year 2025
Rank 43 of 100: higher than 43% of 239 peers (All). medium.
Rank 46 of 100: higher than 46% of 34 peers (Sector). medium.
Median Industrials: 33.2%
Equity as a share of total assets. Usually low for banks.
12.1% Fiscal year 2025
Rank 46 of 100: higher than 46% of 213 peers (All). medium.
Rank 55 of 100: higher than 55% of 32 peers (Sector). medium.
Median Industrials: 10.5%
Free cash flow divided by revenue.
1.7B USD Fiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
−1.7% per year
Rank 14 of 100: higher than 14% of 230 peers (All). weak.
Rank 20 of 100: higher than 20% of 32 peers (Sector). weak.
Median Industrials: +8.5%
Average growth per year over 3 fiscal years.
+5.9% per year
Rank 23 of 100: higher than 23% of 217 peers (All). weak.
Rank 32 of 100: higher than 32% of 30 peers (Sector). weak.
Median Industrials: +9.2%
Average growth per year over 5 fiscal years.
+1.8% per year
Rank 15 of 100: higher than 15% of 157 peers (All). weak.
Rank 31 of 100: higher than 31% of 21 peers (Sector). weak.
Median Industrials: +4.5%
Average growth per year over 10 fiscal years.
−7.6% per year
Rank 17 of 100: higher than 17% of 157 peers (All). weak.
Rank 15 of 100: higher than 15% of 23 peers (Sector). weak.
Median Industrials: +10.7%
Growth of earnings per share per year, adjusted for stock splits.
+5.1% per year
Rank 22 of 100: higher than 22% of 146 peers (All). weak.
Rank 17 of 100: higher than 17% of 21 peers (Sector). weak.
Median Industrials: +13.7%
Growth of earnings per share per year, adjusted for stock splits.
+8.7% per year
Rank 45 of 100: higher than 45% of 140 peers (All). medium.
Rank 55 of 100: higher than 55% of 21 peers (Sector). medium.
Median Industrials: +8.1%
Growth of earnings per share per year, adjusted for stock splits.
34% Fiscal year 2025
Dividend per share divided by earnings per share.
+8.4% per year
Rank 48 of 100: higher than 48% of 118 peers (All). medium.
Rank 58 of 100: higher than 58% of 20 peers (Sector). medium.
Median Industrials: +7.7%
Growth of the dividend per share per year.
1.8x Fiscal year 2025
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
5 of 8 Fiscal year 2025
No rank: not all 9 criteria have data.
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
1.38 at fiscal year end
Rank 23 of 100: lower than 23% of 199 peers (All). weak.
Rank 30 of 100: lower than 30% of 32 peers (Sector). weak.
Median Industrials: 0.62
Long-term financial debt divided by equity.
0.81 at fiscal year end
Rank 10 of 100: higher than 10% of 215 peers (All). weak.
Rank 8 of 100: higher than 8% of 33 peers (Sector). weak.
Median Industrials: 1.22
Current assets divided by current liabilities.
−18.7% in 5 years
Rank 94 of 100: lower than 94% of 199 peers (All). strong.
Rank 98 of 100: lower than 98% of 29 peers (Sector). strong.
Median Industrials: −5.4%
Change in diluted share count. Negative = share buybacks, positive = new shares.
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 14.1B USD · Net income 2.9B USD · Net margin 20.5%
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Of 100 USD of revenue, 32.1 USD operating income and 20.5 USD net income remained.
| Item | Amount | of revenue |
|---|---|---|
| Revenue | 14.1B USD | 100.0% |
| Operating income | 4.5B USD | 32.1% |
| Cost of revenue and operating expenses | 9.6B USD | 67.9% |
| Net income | 2.9B USD | 20.5% |
| Interest expense | 844.0M USD | 6.0% |
| Taxes & other (net) | 788.0M USD | 5.6% |
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
The operating margin fell in 5 years from 41.2% to 32.1%.
Operating marginNet marginReturn on equity stayed roughly the same in 5 years (22.0%).
Return on equityReturn on assetsThe equity ratio fell in 5 years from 32.9% to 30.1%.
EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases.The current ratio fell in 5 years from 2.20 to 0.81.
Current ratioFree cash flow fell in 5 years from 2.6B USD to 1.7B USD.
Operating cash flowCapital expenditureFree cash flow in USDThe share count fell in 5 years by 18.7% (mostly through share repurchases).
Diluted share countFrom annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
The dividend per share rose in 5 years from 0.35 USD to 0.52 USD.
Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden.The payout ratio rose in 5 years from 28.9% to 33.8%.
Payout ratio (earnings)Payout ratio (free cash flow)Over 5 years, 19.2B USD went back to shareholders, 77% of it through share repurchases. That is 133% of the free cash flow of those years.
Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USDDividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users. Log in
CSX Corporation next to 8 stocks of the sector Industrials we cover that are closest in revenue. Click a column header to sort the table.
| Symbol | Revenue (FY) | Growth 5 yrs | Gross margin | Op. margin | Net margin | ROE | Equity ratio | FCF margin | Piotroski |
|---|---|---|---|---|---|---|---|---|---|
| JCI Johnson Controls | 23.6B USD | +1.1% | 36.4% | – | 13.9% | 25.5% | 34.1% | 9.0% | 6/9 |
| ADP Automatic Data Processing | 21.9B USD | +7.9% | 46.4% | – | 20.1% | 73.2% | 9.5% | 23.9% | 8/9 |
| PH Parker Hannifin | 21.5B USD | +8.4% | 37.7% | 23.6% | 17.0% | 23.7% | 49.9% | 18.2% | 9/9 |
| TT Trane Technologies | 21.3B USD | +11.4% | – | 18.6% | 13.7% | 34.0% | 40.1% | 13.2% | – |
| EMR Emerson Electric | 18.0B USD | +1.4% | 52.8% | – | 12.7% | 11.3% | 48.3% | 14.8% | 6/9 |
| ITW Illinois Tool Works | 16.0B USD | +5.0% | 52.9% | 26.3% | 19.1% | 95.0% | 20.0% | 16.9% | 6/9 |
| CSX CSX Corporation this stock | 14.1B USD | +5.9% | – | 32.1% | 20.5% | 22.0% | 30.1% | 12.1% | – |
| CTAS Cintas | 11.3B USD | +9.6% | 50.7% | 23.1% | 17.8% | 38.9% | 48.8% | 16.7% | 8/9 |
| VRT Vertiv | 10.2B USD | +18.5% | 36.3% | 17.9% | 13.0% | 33.8% | 32.3% | 18.5% | 6/9 |
| Median of the sector 34 symbols | 24.1B USD | +9.2% | 35.4% | 10.4% | 12.9% | 26.3% | 33.2% | 9.7% | 6/9 |
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 90 symbols in the Industrials sector on our list (current members of the S&P 500 and other lists).
+5.9% per year, last 5 years
Sector Industrials: median +8.0% (82 symbols)
What does this mean? Revenue: over 5 years it grew by 5.9% per year on average, but more slowly than the median company in the sector (+8.0%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
+0.9% per year, last 5 years
Sector Industrials: median +10.0% (66 symbols)
per share: +5.1% per year (5 years, split-adjusted)
What does this mean? Total net income: over 5 years it grew by 0.9% per year on average, but more slowly than the median company in the sector (+10.0%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
20.5% last fiscal year
Sector Industrials: median 11.1% (88 symbols)
What does this mean? Of every 100 USD in revenue, 20.50 USD remained as profit – at least as much as the median company in the sector (11.1%). Five years ago the margin was 26.1%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
1.19 latest balance sheet
Sector Industrials: median 0.58 (77 symbols)
What does this mean? For every 1 USD of equity there is 1.19 USD of financial debt – more than twice as much as the median company in the sector (0.58). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
34% Dividend / earnings per share
Sector Industrials: median 35% (65 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.34 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 35%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
10 of 10 fiscal years with a profit
What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
| Year | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 14.1B | 2.9B | 20.5% | 1.54 | 0.52 | 34% |
| 2024 | Dec 31, 2024 | 14.5B | 3.5B | 23.9% | 1.79 | 0.48 | 27% |
| 2023 | Dec 31, 2023 | 14.7B | 3.7B | 25.3% | 1.85 | 0.44 | 24% |
| 2022 | Dec 31, 2022 | 14.9B | 4.2B | 28.0% | 1.95 | 0.40 | 21% |
| 2021 | Dec 31, 2021 | 12.5B | 3.8B | 30.2% | 1.68 | 0.37 | 22% |
| 2020 | Dec 31, 2020 | 10.6B | 2.8B | 26.1% | 1.20 | 0.35 | 29% |
| 2019 | Dec 31, 2019 | 11.9B | 3.3B | 27.9% | 1.39 | 0.32 | 23% |
| 2018 | Dec 31, 2018 | 12.3B | 3.3B | 27.0% | 1.28 | 0.29 | 23% |
| 2017 | Dec 31, 2017 | 11.4B | 5.5B | 48.0% | 2.00 | 0.26 | 13% |
| 2016 | Dec 30, 2016 | 11.1B | 1.7B | 15.5% | 0.60 | 0.24 | 40% |
| Quarter | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| Q3/26 | Sep 30, 2026 | 4.0B | 1.1B | 26.2% | 0.57 | 0.14 | 25% |
| Q2/26 | Jun 30, 2026 | 3.9B | 1.0B | 25.5% | 0.54 | 0.14 | 26% |
| Q1/26 | Mar 31, 2026 | 3.5B | 807.0M | 23.2% | 0.43 | 0.14 | 33% |
| Q4/25* | Dec 31, 2025 | 3.5B | 720.0M | 20.5% | – | – | – |
| Q3/25 | Sep 30, 2025 | 3.6B | 694.0M | 19.3% | 0.37 | 0.13 | 35% |
| Q2/25 | Jun 30, 2025 | 3.6B | 829.0M | 23.2% | 0.44 | 0.13 | 30% |
| Q1/25 | Mar 31, 2025 | 3.4B | 646.0M | 18.9% | 0.34 | 0.13 | 38% |
| Q4/24* | Dec 31, 2024 | 3.5B | 733.0M | 20.7% | – | – | – |
| Q3/24 | Sep 30, 2024 | 3.6B | 894.0M | 24.7% | 0.46 | 0.12 | 26% |
| Q2/24 | Jun 30, 2024 | 3.7B | 963.0M | 26.0% | 0.49 | 0.12 | 24% |
| Q1/24 | Mar 31, 2024 | 3.7B | 893.0M | 24.3% | 0.46 | 0.12 | 26% |
| Q4/23* | Dec 31, 2023 | 3.7B | 882.0M | 24.0% | 0.45 | – | – |
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Per-share values adjusted for stock split Stock splitA company divides each share into several new ones; the value of the company stays the same. We convert per-share values from before the split to today’s scale.Example: Split 4 : 1, earnings per share before $11.89 → comparable today $2.97.More in the Academy: Lesson revenue, profit and margin 3:1 (between Apr 21, 2021 and Jul 22, 2021). Quarters are labeled by the calendar quarter in which they end.
| Period | Purchases | Sales | Net |
|---|---|---|---|
| 3 months | $00 people | $00 people | $0 |
| 6 months | $00 people | $9.1M4 people | −$9.1M |
| 12 months | $1.0M1 person | $16.6M6 people | −$15.6M |
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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