CSX (CSX Corporation) Stock Financials & Earnings | Market Cap Arena

CSX (CSX Corporation) Stock Financials & Earnings | Market Cap Arena

CSXCSX Corporation

Mkt Cap$77B

Industrials·Railroads·🇺🇸 United States·NASDAQ

Revenue (TTM)$14.1B

Net Income (TTM)$2.9B

EPS (TTM)$1.54

Free Cash Flow (TTM)$3.9B

Gross Margin33.2%

Op. Margin32.1%

Net Margin20.5%

FCF Margin27.9%

P/S Ratio (TTM)5.4x

P/E Ratio (TTM)26.6x

YoY Rev Growth-3.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$3.7B	$1.4B	$1.4B
Q2 23	$3.7B	$1.4B	$1.4B
Q3 23	$3.6B	$1.3B	$1.3B
Q4 23	$3.7B	$1.3B	$1.3B
Q1 24	$3.7B	$1.3B	$1.3B
Q2 24	$3.7B	$1.4B	$1.4B
Q3 24	$3.6B	$1.4B	$1.4B
Q4 24	$3.5B	$1.2B	$1.2B
Q1 25	$3.4B	$1.0B	$1.0B
Q2 25	$3.6B	$1.3B	$1.3B
Q3 25	$3.6B	$1.3B	$1.1B
Q4 25	$3.5B	$1.1B	$1.1B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	5.1x	17.9x
Q2 23	5.1x	18.7x
Q3 23	5.2x	20.1x
Q4 23	5.2x	20.8x
Q1 24	5.2x	21.5x
Q2 24	5.2x	21.6x
Q3 24	5.2x	21.2x
Q4 24	5.3x	22.1x
Q1 25	5.4x	23.7x
Q2 25	5.4x	24.7x
Q3 25	5.4x	26.4x
Q4 25	5.4x	26.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1.3B	$808M
Q2 23	$1.2B	$668M
Q3 23	$1.6B	$978M
Q4 23	$1.5B	$803M
Q1 24	$1.1B	$560M
Q2 24	$1.1B	$547M
Q3 24	$1.7B	$1.1B
Q4 24	$1.4B	$550M
Q1 25	$1.3B	$536M
Q2 25	$635M	-$141M
Q3 25	$1.3B	$2.8B
Q4 25	$1.4B	$709M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$443M
Q2 23	$554M
Q3 23	$574M
Q4 23	$686M
Q1 24	$524M
Q2 24	$542M
Q3 24	$625M
Q4 24	$838M
Q1 25	$719M
Q2 25	$776M
Q3 25	$1.5B
Q4 25	$677M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+8.6%	+4.6%
Q2 23	-3.0%	+0.7%
Q3 23	-8.3%	-2.4%
Q4 23	-1.3%	+2.0%
Q1 24	-0.7%	+3.8%
Q2 24	+0.1%	+0.5%
Q3 24	+1.3%	-2.2%
Q4 24	-3.8%	-1.9%
Q1 25	-7.0%	+1.6%
Q2 25	-3.4%	+1.0%
Q3 25	-0.9%	+10.5%
Q4 25	-0.9%	+3.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$13M	0.4%
Q2 23	$17M	0.5%
Q3 23	$15M	0.4%
Q4 23	$15M	0.4%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

Revenue Segments

Quarter	Coal Services	Intermodal	Total Merchandise	Trucking
Q2 24	$563M	$506M	$2.3B	$221M
Q3 24	$553M	$509M	$2.2B	$214M
Q1 25	$461M	$493M	$2.2B	$202M
Q2 25	$477M	$491M	$2.3B	$211M
Q3 25	$490M	$527M	$2.2B	$207M
Q4 25	$472M	$589M	$2.2B	$196M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$1.3B	$178M	$1.5B
Q2 23	$956M	$78M	$1.0B
Q3 23	$1.4B	$79M	$1.4B
Q4 23	$1.4B	$83M	$1.4B
Q1 24	$1.5B	$2M	$1.5B
Q2 24	$1.2B	$4M	$1.2B
Q3 24	$1.6B	$12M	$1.7B
Q4 24	$933M	$72M	$1.0B
Q1 25	$1.1B	$8M	$1.1B
Q2 25	$387M	$6M	$393M
Q3 25	$612M	$6M	$618M
Q4 25	$670M	$5M	$675M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	2.06B	-0.9%
Q2 23	2.02B	-1.6%
Q3 23	2.00B	-1.3%
Q4 23	1.97B	-1.5%
Q1 24	1.96B	-0.4%
Q2 24	1.95B	-0.7%
Q3 24	1.94B	-0.4%
Q4 24	1.92B	-1.0%
Q1 25	1.89B	-1.5%
Q2 25	1.87B	-1.2%
Q3 25	1.87B	-0.1%
Q4 25	1.86B	-0.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$396K	32K
FY 15	$407K	29K
FY 16	$410K	27K
FY 17	$475K	24K
FY 18	$544K	23K
FY 19	$702K	17K
FY 20	$548K	19K
FY 21	$599K	21K
FY 22	$660K	23K
FY 23	$637K	23K
FY 24	$619K	24K
FY 25	$613K	23K