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CSX Corp CSX

US equityMarket cap rank #187Infrastructure
$46.95
−$0.25 (-0.52%)
Market open · Sep 24, 1:10 pm ET
After hours $47.19 0.00%
Open$47.17
Prev close$47.19
Day range$46.86 – $47.33
Volume4.52M
Market cap$86.96B
P/E (TTM)27.1
Dividend yield1.15%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$3.94B+10.1% YoY
Operating profit$1.51B+17.4% YoY
Net profit$1.00B+20.9% YoY
Diluted EPS$0.54+22.7% YoY
Free cash flow$751.00M+632.6% YoY
Operating cash flow$1.33B

Revenue, last 8 quarters

$3.6BSep '24$3.5BDec '24$3.4BMar '25$3.6BJun '25$3.6BSep '25$3.5BDec '25$3.5BMar '26$3.9BJun '26

Net profit, last 8 quarters

$894.0MSep '24$733.0MDec '24$646.0MMar '25$829.0MJun '25$694.0MSep '25$720.0MDec '25$807.0MMar '26$1.0BJun '26

Diluted EPS by quarter

0.46Sep '240.38Dec '240.34Mar '250.44Jun '250.37Sep '250.39Dec '250.43Mar '260.54Jun '26

Free cash flow by quarter

$1.1BSep '24$550.0MDec '24$536.0MMar '25$-141.0MJun '25$607.0MSep '25$709.0MDec '25$729.0MMar '26$751.0MJun '26

Annual revenue

$10.6BFY20$12.5BFY21$14.9BFY22$14.7BFY23$14.5BFY24$14.1BFY25

Profitability & balance sheet

Gross margin35.3%
Operating margin35.5%
Net margin22.2%
Return on equity24.4%
Return on assets7.4%
Return on invested capital11.8%
Current ratio0.82
Liabilities / assets68.5%
Cash & investments$1.39B
Total debt$19.36B
Net cash (debt)-$17.97B
Free cash flow / sales19.3%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Rail$3.71B 94.2%
  • Trucking Revenue$229.00M 5.8%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $3.94B $3.48B $14.09B $3.51B $3.59B
Total Operating Revenue $3.94B $3.48B $14.09B $3.51B $3.59B
Cost of Revenue $2.43B $2.23B $9.41B $2.40B $2.34B
Gross Profit $1.51B $1.25B $4.69B $1.11B $1.25B
Operating Profit $1.51B $1.25B $4.72B $1.14B $1.25B
Net Non-Operating Interest Income (Expense) -$211.00M -$213.00M -$799.00M -$168.00M -$210.00M
Non-Operating Interest Expense $211.00M $213.00M $844.00M $213.00M $210.00M
Other Income (Expense) $25.00M $23.00M -$150.00M -$55.00M -$143.00M
Other Non-Operating Income (Expenses) $25.00M $23.00M $14.00M -$55.00M $21.00M
Pretax Profit $1.32B $1.06B $3.77B $920.00M $898.00M
Tax $318.00M $256.00M $880.00M $200.00M $204.00M
Net Profit $1.00B $807.00M $2.89B $720.00M $694.00M
Profit from Continuing Operations $1.00B $807.00M $2.89B $720.00M $694.00M
Net Income to Parent Company $1.00B $807.00M $2.89B $720.00M $694.00M
Net Income to Common Stockholders $1.00B $807.00M $2.89B $720.00M $694.00M
Basic EPS $0.54 $0.43 $1.54 $0.39 $0.37
Diluted EPS $0.54 $0.43 $1.54 $0.39 $0.37
Dividend Per Share $0.14 $0.14 $0.52 $0.13 $0.13
Operating Expense -$33.00M
Selling and Admin Expenses -$33.00M
-General & Admin Expense -$33.00M
Non-Operating Interest Income $45.00M
Special Income (Charges) -$164.00M $0.00 -$164.00M
-Less:Impairment of Capital Assets $164.00M $0.00 $164.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $44.73B $44.23B $43.68B $43.68B $43.28B
Total Current Assets $3.41B $3.11B $2.55B $2.55B $2.51B
Cash and Cash Equivalents & Short-Term Investments $1.39B $1.11B $675.00M $675.00M $618.00M
-Cash and Cash Equivalents $1.01B $964.00M $670.00M $670.00M $612.00M
-Short Term Investments $383.00M $145.00M $5.00M $5.00M $6.00M
Receivables $1.46B $1.39B $1.30B $1.30B $1.37B
-Accounts Receivable $1.10B $1.05B $909.00M $909.00M $1.01B
-Other Receivables $360.00M $338.00M $389.00M $389.00M $365.00M
Inventory $406.00M $439.00M $390.00M $390.00M $414.00M
Other Current Assets $156.00M $176.00M $187.00M $187.00M $109.00M
Total Non-Current Assets $41.32B $41.12B $41.13B $41.13B $40.77B
Net PPE $37.42B $37.27B $37.28B $37.28B $37.00B
-Gross PPE $54.94B $54.53B $54.28B $54.28B $54.33B
-Accumulated Depreciation -$17.52B -$17.26B -$17.01B -$17.01B -$17.33B
Investments and Advances $2.68B $2.65B $2.63B $2.63B $2.60B
-Long Term Equity Investment $2.68B $2.65B $2.63B $2.63B $2.60B
Goodwill and Other Intangible Assets $261.00M $264.00M $267.00M $267.00M $270.00M
Other Non-Current Assets $958.00M $937.00M $956.00M $956.00M $896.00M
Total Liabilities $30.64B $30.65B $30.52B $30.52B $30.52B
Total Current Liabilities $4.15B $3.22B $3.13B $3.13B $2.97B
Payables $1.85B $1.82B $1.80B $1.80B $1.95B
-Accounts Payable $1.11B $1.12B $1.15B $1.15B $1.34B
-Total Tax Payable $188.00M $294.00M $118.00M $118.00M $164.00M
-Other Payable $549.00M $414.00M $532.00M $532.00M $439.00M
Current Accrued Expenses $172.00M $243.00M $170.00M $170.00M
Short-Term Debt and Capital Lease Obligation $1.70B $710.00M $708.00M $708.00M $608.00M
-Current Debt $1.70B $710.00M $708.00M $708.00M $608.00M
Current Provisions $182.00M $179.00M $184.00M $184.00M $159.00M
Other Current Liabilities $250.00M $266.00M $272.00M $272.00M $252.00M
Total Non-Current Liabilities $26.48B $27.43B $27.39B $27.39B $27.56B
Long Term Debt and Capital Lease Obligation $17.66B $18.63B $18.64B $18.64B $19.04B
-Long Term Debt $17.16B $18.16B $18.17B $18.17B $18.55B
-Long Term Capital Lease Obligation $493.00M $469.00M $479.00M $479.00M $481.00M
Non-Current Liabilities $300.00M $300.00M $295.00M $295.00M $311.00M
Non-Current Deferred Liabilities $8.00B $7.97B $7.91B $7.91B $7.71B
Other Non-Current Liabilities $529.00M $538.00M $536.00M $536.00M $500.00M
Total Equity $14.09B $13.58B $13.16B $13.16B $12.76B
Stockholders' Equity $14.08B $13.58B $13.16B $13.16B $12.75B
Capital Stock $1.85B $1.86B $1.86B $1.86B $1.86B
-Common Stock $1.85B $1.86B $1.86B $1.86B $1.86B
Additional Paid-In Capital $1.09B $1.04B $948.00M $948.00M $920.00M
Retained Earnings $11.35B $10.89B $10.56B $10.56B $10.19B
Gains/Losses Not Affecting Retained Earnings -$209.00M -$212.00M -$213.00M -$213.00M -$220.00M
Minority Interests $6.00M $6.00M $5.00M $5.00M $5.00M
-Goodwill $80.00M $80.00M $80.00M
-Other Intangible Assets $187.00M $187.00M $190.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $1.33B $1.27B $4.61B $1.39B $1.34B
Net cash flow from continuing operations $1.33B $1.27B $4.61B $1.39B $1.34B
Net Income from Continuing Operations $1.00B $807.00M $2.89B $720.00M $694.00M
Depreciation & Depletion & Amortization $411.00M $415.00M $1.68B $404.00M $424.00M
Deferred Tax $33.00M $51.00M $194.00M $51.00M $144.00M
Other Non-Cash Items -$24.00M -$47.00M -$70.00M -$12.00M -$8.00M
Change in Working Capital -$95.00M $46.00M -$244.00M $223.00M -$81.00M
-Change in Receivables -$70.00M -$120.00M $88.00M $118.00M $6.00M
-Change in Payables and Accrued Expense -$116.00M $240.00M -$359.00M $48.00M -$59.00M
-Change in Other Current Assets $53.00M -$38.00M -$87.00M -$55.00M -$19.00M
-Change in Other Current Liabilities $38.00M -$36.00M $114.00M $112.00M -$9.00M
Net cash flow from investing -$754.00M -$567.00M -$2.85B -$706.00M -$691.00M
Net Cash Flow from Continuing Investing Activities -$754.00M -$567.00M -$2.85B -$706.00M -$691.00M
Net PPE Purchase and Sale -$503.00M -$479.00M -$2.82B -$663.00M -$715.00M
Net Investment Purchase and Sale -$234.00M -$135.00M $80.00M $8.00M $3.00M
Net Other Investing Changes -$17.00M $47.00M -$91.00M -$50.00M $22.00M
Financing Cash Flow -$530.00M -$411.00M -$2.03B -$622.00M -$421.00M
Net Cash Flow from Continuing Financing Activities -$530.00M -$411.00M -$2.03B -$622.00M -$421.00M
Net Issuance Payments Of Debt -$7.00M -$2.00M $287.00M -$301.00M -$9.00M
Net Common Stock Issuance -$296.00M -$222.00M -$1.40B -$112.00M -$112.00M
Cash Dividends Paid -$260.00M -$260.00M -$972.00M -$242.00M -$242.00M
Net Other Financing Charges $33.00M $73.00M $56.00M $33.00M -$58.00M
Ending Cash Balance $1.01B $964.00M $670.00M $670.00M $612.00M
Net Change in Cash $43.00M $294.00M -$263.00M $58.00M $225.00M
Beginning Cash Balance $964.00M $670.00M $933.00M $612.00M $387.00M
Free Cash Flow $751.00M $729.00M $1.71B $709.00M $607.00M
Net Business Purchase and Sale -$16.00M -$1.00M -$1.00M
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