InsiderClue
Stocks · Industrials · Railroads, Line-Haul Operating

CSX Corporation

CSX Clue Score50
United States Fiscal year ends December CIK 0000277948
$47.75 +1.04% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $47.75 +48.62% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue11.07Operating income3.41Net income1.71EPS, diluted1.81Fiscal year 2017Revenue11.41 +3.1%Operating income3.72Net income5.47 +219.2%EPS, diluted5.99Fiscal year 2018Revenue12.25 +7.4%Operating income4.87Net income3.31 −39.5%EPS, diluted3.84Fiscal year 2019Revenue11.94 −2.6%Operating income4.97Net income3.33 +0.7%EPS, diluted1.39Fiscal year 2020Revenue10.58 −11.3%Operating income4.36Net income2.77 −17.0%EPS, diluted1.20Fiscal year 2021Revenue12.52 +18.3%Operating income5.59Net income3.78 +36.7%EPS, diluted1.68Fiscal year 2022Revenue14.85 +18.6%Operating income5.95Net income4.11 +8.8%EPS, diluted1.92Fiscal year 2023Revenue14.66 −1.3%Operating income5.50Net income3.67 −10.8%EPS, diluted1.82Fiscal year 2024Revenue14.54 −0.8%Operating income5.25Net income3.47 −5.4%EPS, diluted1.79Fiscal year 2025Revenue14.09 −3.1%Operating income4.52Net income2.89 −16.7%EPS, diluted1.54
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 11.07 11.41 12.25 11.94 10.58 12.52 14.85 14.66 14.54 14.09
Growth +3.1% +7.4% −2.6% −11.3% +18.3% +18.6% −1.3% −0.8% −3.1%
Operating income 3.41 3.72 4.87 4.97 4.36 5.59 5.95 5.50 5.25 4.52
Net income 1.71 5.47 3.31 3.33 2.77 3.78 4.11 3.67 3.47 2.89
Growth +219.2% −39.5% +0.7% −17.0% +36.7% +8.8% −10.8% −5.4% −16.7%
EPS, diluted 1.81 5.99 3.84 1.39 1.20 1.68 1.92 1.82 1.79 1.54

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin30.8%Net margin15.5%Free cash flow margin5.8%Fiscal year 2017Operating margin32.6%Net margin48.0%Free cash flow margin12.6%Fiscal year 2018Operating margin39.7%Net margin27.0%Free cash flow margin23.6%Fiscal year 2019Operating margin41.6%Net margin27.9%Free cash flow margin26.7%Fiscal year 2020Operating margin41.2%Net margin26.1%Free cash flow margin24.9%Fiscal year 2021Operating margin44.7%Net margin30.2%Free cash flow margin26.4%Fiscal year 2022Operating margin40.1%Net margin27.7%Free cash flow margin23.0%Fiscal year 2023Operating margin37.5%Net margin25.0%Free cash flow margin22.2%Fiscal year 2024Operating margin36.1%Net margin23.9%Free cash flow margin18.7%Fiscal year 2025Operating margin32.1%Net margin20.5%Free cash flow margin12.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 30.8% 32.6% 39.7% 41.6% 41.2% 44.7% 40.1% 37.5% 36.1% 32.1%
Net margin 15.5% 48.0% 27.0% 27.9% 26.1% 30.2% 27.7% 25.0% 23.9% 20.5%
Free cash flow margin 5.8% 12.6% 23.6% 26.7% 24.9% 26.4% 23.0% 22.2% 18.7% 12.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow3.04Capital expenditure−2.40Free cash flow0.64Buybacks−1.06Dividends paid−0.68Fiscal year 2017Operating cash flow3.47Capital expenditure−2.04Free cash flow1.43 +122.7%Buybacks−1.97Dividends paid−0.71Fiscal year 2018Operating cash flow4.64Capital expenditure−1.75Free cash flow2.90 +102.2%Buybacks−4.67Dividends paid−0.75Fiscal year 2019Operating cash flow4.85Capital expenditure−1.66Free cash flow3.19 +10.3%Buybacks−3.37Dividends paid−0.76Fiscal year 2020Operating cash flow4.26Capital expenditure−1.63Free cash flow2.64 −17.4%Buybacks−0.87Dividends paid−0.80Fiscal year 2021Operating cash flow5.10Capital expenditure−1.79Free cash flow3.31 +25.4%Buybacks−2.89Dividends paid−0.84Fiscal year 2022Operating cash flow5.53Capital expenditure−2.11Free cash flow3.41 +3.2%Buybacks−4.73Dividends paid−0.85Fiscal year 2023Operating cash flow5.51Capital expenditure−2.26Free cash flow3.26 −4.6%Buybacks−3.48Dividends paid−0.88Fiscal year 2024Operating cash flow5.25Capital expenditure−2.53Free cash flow2.72 −16.5%Buybacks−2.24Dividends paid−0.93Fiscal year 2025Operating cash flow4.61Capital expenditure−2.90Free cash flow1.71 −37.0%Buybacks−1.40Dividends paid−0.97
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 3.04 3.47 4.64 4.85 4.26 5.10 5.53 5.51 5.25 4.61
Capital expenditure −2.40 −2.04 −1.75 −1.66 −1.63 −1.79 −2.11 −2.26 −2.53 −2.90
Free cash flow 0.64 1.43 2.90 3.19 2.64 3.31 3.41 3.26 2.72 1.71
Growth +122.7% +102.2% +10.3% −17.4% +25.4% +3.2% −4.6% −16.5% −37.0%
Buybacks −1.06 −1.97 −4.67 −3.37 −0.87 −2.89 −4.73 −3.48 −2.24 −1.40
Dividends paid −0.68 −0.71 −0.75 −0.76 −0.80 −0.84 −0.85 −0.88 −0.93 −0.97

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash0.60Shareholders’ equity11.69Fiscal year 2017Cash0.40Shareholders’ equity14.72Fiscal year 2018Cash0.86Shareholders’ equity12.58Fiscal year 2019Cash0.96Shareholders’ equity11.86Fiscal year 2020Cash3.13Shareholders’ equity13.11Fiscal year 2021Cash2.24Shareholders’ equity13.45Fiscal year 2022Cash1.96Shareholders’ equity12.47Fiscal year 2023Cash1.35Shareholders’ equity11.99Fiscal year 2024Cash0.93Shareholders’ equity12.51Fiscal year 2025Cash0.67Shareholders’ equity13.16
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.60 0.40 0.86 0.96 3.13 2.24 1.96 1.35 0.93 0.67
Shareholders’ equity 11.69 14.72 12.58 11.86 13.11 13.45 12.47 11.99 12.51 13.16

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 30 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
30.8% 32.6% 39.7% 41.6% 41.2% 44.7% 40.1% 37.5% 36.1% 32.1%
24.8% 27.5% 35.1% 36.2% 34.3% 39.5% 36.0% 32.9% 31.3% 26.7%
15.5% 48.0% 27.0% 27.9% 26.1% 30.2% 27.7% 25.0% 23.9% 20.5%
5.8% 12.6% 23.6% 26.7% 24.9% 26.4% 23.0% 22.2% 18.7% 12.1%
Spending
21.7% 17.9% 14.2% 13.9% 15.4% 14.3% 14.2% 15.4% 17.4% 20.6%
37.5% −74.1% 23.1% 22.8% 23.8% 23.6% 23.0% 24.0% 23.8% 23.3%
Returns
14.7% 37.2% 26.3% 28.1% 21.1% 28.1% 33.0% 30.6% 27.7% 22.0%
4.8% 15.3% 9.0% 8.7% 6.9% 9.3% 9.9% 8.7% 8.1% 6.6%
Balance and payout
67.0% 58.8% 65.7% 69.0% 67.1% 66.7% 70.1% 71.6% 70.8% 69.9%
39.7% 12.9% 22.7% 22.9% 28.8% 22.2% 20.7% 24.0% 26.8% 33.6%
270.0% 187.0% 187.2% 129.5% 63.1% 112.6% 163.6% 134.0% 116.5% 138.4%