CSX
CSX CorporationStock · IndustrialsNasdaq-100 0.4% · S&P 500 Equal Weight 0.2% · Nasdaq Composite 0.2% · S&P 500 0.1% · Russell 1000 0.1% · US Stock Market 0.1% · Russell 3000 0.1% · MSCI World 0.09% · MSCI ACWI 0.09%$48.95-0.18%
as of market close, Sep 11, 2026
☾ AH — —
CSX financial statements
The full income statement, balance sheet, and cash-flow statement for CSX Corporation (CSX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 1.94B2024-09 1.93B2024-12 1.89B2025-03 1.88B2025-06 1.86B2025-09 1.86B2025-12 1.86B2026-03 1.86B2026-06 1.85B-4.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 14.1B-3.1% | 14.5B-0.8% | 14.7B-1.3% | 14.9B+18.6% | 12.5B+18.3% | |
| Amortization of intangibles | 12.0M+0.0% | 12.0M+20.0% | 10.0M+0.0% | 10.0M+100.0% | 5.00M | |
| Operating income | 4.52B-13.8% | 5.25B-4.6% | 5.50B-7.6% | 5.95B+6.4% | 5.59B+28.2% | |
| Interest expense | 844M+1.4% | 832M+2.8% | 809M+9.0% | 742M | — | |
| Net interest income | — | — | -809M-9.0% | -742M-2.8% | -722M+4.2% | |
| Other non-operating income | 14.0M+100.0% | 7.00M-77.4% | 31.0M+158.3% | 12.0M+50.0% | 8.00M+0.0% | |
| Pre-tax income | 3.77B-17.3% | 4.55B-5.7% | 4.83B-9.7% | 5.34B+8.0% | 4.95B+36.5% | |
| Income tax | 880M-18.9% | 1.08B-6.5% | 1.16B-5.7% | 1.23B+5.2% | 1.17B+35.7% | |
| Net income | 2.89B-16.7% | 3.47B-5.4% | 3.67B-10.8% | 4.11B+8.8% | 3.78B+36.7% | |
| $1.54-14.0% | $1.79-1.6% | $1.82-5.2% | $1.92+14.3% | $1.68+40.0% | ||
| EPS (basic) | $1.54-14.0% | $1.79-2.2% | $1.83-5.2% | $1.93+14.9% | $1.68+40.0% | |
| Weighted-avg shares (basic) | 1.87B-3.6% | 1.94B-3.4% | 2.01B-6.0% | 2.14B-5.1% | 2.25B-2.2% | |
| Weighted-avg shares (diluted) | 1.87B-3.6% | 1.94B-3.5% | 2.01B-6.0% | 2.14B-5.1% | 2.25B-2.2% | |
| Dividends per share | $0.52+8.3% | $0.48+9.1% | $0.44+10.0% | $0.40+8.1% | $0.37+5.7% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.55B-9.6% | 2.82B-16.0% | 3.36B-11.8% | 3.81B-1.7% | 3.87B-12.8% | ||
| Cash & equivalents | 670M-28.2% | 933M-31.0% | 1.35B-30.9% | 1.96B-12.6% | 2.24B-28.4% | |
| Short-term investments | 5.00M-93.1% | 72.0M-13.3% | 83.0M-35.7% | 129M+67.5% | 77.0M+3750.0% | |
| Accounts receivable | 1.30B-2.1% | 1.33B-4.8% | 1.39B+6.1% | 1.31B+14.4% | 1.15B+25.9% | |
| Other current assets | 187M+149.3% | 75.0M-16.7% | 90.0M-1.1% | 91.0M+30.0% | 70.0M-27.1% | |
| 43.7B+2.1% | 42.8B+1.3% | 42.2B+1.2% | 41.7B+2.8% | 40.5B+1.9% | ||
| Property, plant & equipment | 36.8B+3.2% | 35.7B+2.7% | 34.7B+1.9% | 34.1B+3.2% | 33.0B+1.8% | |
| Operating lease right-of-use | 464M-4.7% | 487M-2.2% | 498M-1.4% | 505M+0.8% | 501M+6.1% | |
| Goodwill | 80.0M-66.5% | 239M-26.5% | 325M+1.9% | 319M+15.6% | 276M+338.1% | |
| Intangible assets | 187M-3.6% | 194M+7.2% | 181M-1.1% | 183M+4.6% | 175M | |
| Other non-current assets | 956M+13.0% | 846M+15.7% | 731M+44.5% | 506M-14.5% | 592M+52.6% | |
| 3.13B-4.4% | 3.28B+1.6% | 3.22B+31.8% | 2.45B+9.5% | 2.23B+10.6% | ||
| Accounts payable | 1.15B+2.8% | 1.12B-9.6% | 1.24B+9.5% | 1.13B+17.3% | 963M+19.0% | |
| Short-term & current debt | 708M+16.8% | 606M+8.6% | 558M+269.5% | 151M-16.6% | 181M-54.9% | |
| Current lease liability | 67.0M-8.2% | 73.0M+7.4% | 68.0M-1.4% | 69.0M+7.8% | 64.0M+42.2% | |
| Other current liabilities | 272M+11.9% | 243M+0.0% | 243M+6.6% | 228M+10.1% | 207M+26.2% | |
| 30.5B+0.9% | 30.3B+0.1% | 30.2B+3.5% | 29.2B+8.1% | 27.0B+1.3% | ||
| Long-term debt | 18.2B+1.5% | 17.9B-0.4% | 18.0B+0.4% | 17.9B+10.6% | 16.2B-0.7% | |
| Non-current lease liability | 479M-1.4% | 486M-1.0% | 491M+0.6% | 488M+2.1% | 478M+5.1% | |
| Operating lease liability (total) | 546M-2.3% | 559M+0.0% | 559M+0.4% | 557M+2.8% | 542M+8.4% | |
| Finance lease liability (total) | 15.0M+50.0% | 10.0M-41.2% | 17.0M-41.4% | 29.0M-38.3% | 47.0M+1466.7% | |
| Deferred tax liabilities | 7.91B+2.4% | 7.72B+0.3% | 7.70B+2.4% | 7.52B+1.9% | 7.38B+3.0% | |
| Other non-current liabilities | 536M-4.3% | 560M+3.1% | 543M-4.9% | 571M+13.7% | 502M-2.1% | |
| 13.2B+5.2% | 12.5B+4.4% | 12.0B-3.9% | 12.5B-7.3% | 13.5B+2.6% | ||
| Common stock | 1.86B-2.1% | 1.90B-3.0% | 1.96B-5.2% | 2.07B-6.2% | 2.20B-3.8% | |
| Additional paid-in capital | 948M+12.1% | 846M+22.4% | 691M+20.4% | 574M+769.7% | 66.0M-56.6% | |
| Retained earnings | 10.6B+5.7% | 9.99B+3.9% | 9.61B-6.1% | 10.2B-12.0% | 11.6B+3.3% | |
| Accumulated other comprehensive income | -213M+8.2% | -232M+16.8% | -279M+32.0% | -410M-0.5% | -408M+31.8% | |
| Non-controlling interest | 5.00M+0.0% | 5.00M+0.0% | 5.00M-50.0% | 10.0M+0.0% | 10.0M+11.1% | |
| Total equity incl. non-controlling | 13.2B+5.2% | 12.5B+4.4% | 12.0B-3.9% | 12.5B-7.3% | 13.5B+2.6% | |
| Total liabilities & equity | 43.7B+2.1% | 42.8B+1.3% | 42.2B+1.3% | 41.7B+2.8% | 40.5B+1.9% | |
| Common shares issued | 1.86B-2.1% | 1.90B-3.0% | 1.96B-5.2% | 2.07B-6.2% | 2.20B-3.8% | |
| Common shares outstanding | 1.86B-2.1% | 1.90B-3.0% | 1.96B-5.2% | 2.07B-6.2% | 2.20B-3.8% | |
| Shares outstanding (cover) | 1.86B-1.9% | 1.89B-3.3% | 1.96B-5.0% | 2.06B-6.0% | 2.19B-4.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.61B-12.1% | 5.25B-4.8% | 5.51B-0.2% | 5.53B+8.4% | 5.10B+19.6% | ||
| Depreciation & amortization | 1.68B+1.3% | 1.66B+3.2% | 1.61B+7.0% | 1.50B+5.8% | 1.42B+2.7% | |
| Intangible amortization | 12.0M+0.0% | 12.0M+20.0% | 10.0M+0.0% | 10.0M+100.0% | 5.00M | |
| Deferred income taxes | 194M+1516.7% | 12.0M-90.5% | 126M+26.0% | 100M-40.1% | 167M-7.2% | |
| Change in receivables | -88.0M-7.3% | -82.0M-260.8% | 51.0M-49.5% | 101M-28.4% | 141M+269.9% | |
| Change in payables | 40.0M+1233.3% | 3.00M-95.9% | 74.0M-47.1% | 140M+9.4% | 128M+740.0% | |
| Other operating activities | -70.0M+6.7% | -75.0M-82.9% | -41.0M-156.3% | -16.0M-233.3% | 12.0M+137.5% | |
| -2.85B-9.4% | -2.60B-17.0% | -2.23B-7.9% | -2.06B-9.9% | -1.88B-189.2% | ||
| Capital expenditure | 2.90B+14.7% | 2.53B+12.1% | 2.26B+6.8% | 2.11B+18.0% | 1.79B+10.1% | |
| Free cash flow | 1.71B-37.0% | 2.72B-16.5% | 3.26B-4.6% | 3.41B+3.2% | 3.31B+25.4% | |
| Acquisitions | 16.0M-77.1% | 70.0M+125.8% | 31.0M-86.3% | 227M-58.0% | 541M | |
| Proceeds from sale of PP&E | 78.0M+18.2% | 66.0M-25.0% | 88.0M-70.1% | 294M-44.4% | 529M+844.6% | |
| Other investing activities | 91.0M-6.2% | 97.0M+27.6% | 76.0M+330.3% | -33.0M-925.0% | 4.00M-94.8% | |
| -2.02B+33.9% | -3.06B+20.8% | -3.87B-2.6% | -3.77B+8.3% | -4.11B-185.0% | ||
| Long-term debt issued | 900M+63.6% | 550M-8.3% | 600M-70.0% | 2.00B | 0.00-100.0% | |
| Long-term debt repaid | 613M+9.9% | 558M+264.7% | 153M-17.7% | 186M-56.3% | 426M-42.8% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.40B-37.6% | 2.24B-35.8% | 3.48B-26.4% | 4.73B+63.9% | 2.89B+232.9% | |
| Dividends paid | 972M+4.5% | 930M+5.4% | 882M+3.5% | 852M+1.5% | 839M+5.3% | |
| Other financing activities | 56.0M-50.4% | 113M+126.0% | 50.0M | 0.00-100.0% | 39.0M+214.7% | |
| Net change in cash | -263M+37.4% | -420M+27.6% | -580M-89.5% | -306M+65.6% | -890M-141.0% | |
| Interest paid | 870M+2.4% | 850M+5.5% | 806M+10.6% | 729M+1.5% | 718M-4.3% | |
| Income taxes paid | 1.10B+2.4% | 1.08B+70.8% | 630M-46.0% | 1.17B+25.3% | 931M+40.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 67.4B+10.3% | 61.1B-10.8% | 68.5B+5.2% | 65.1B-21.0% | 82.5B+19.2% | |
| P/E | 23.3×+32.4% | 17.6×-3.5% | 18.3×+14.4% | 16.0×-26.8% | 21.8×-12.8% | |
| P/S | 4.8×+13.8% | 4.2×-9.7% | 4.7×+4.1% | 4.5×-32.0% | 6.6×+0.7% | |
| P/B | 5.1×+4.8% | 4.9×-16.1% | 5.8×+15.3% | 5.1×-17.5% | 6.1×+16.2% | |
| P/FCF | 39.4×+75.1% | 22.5×+0.1% | 22.5×+21.7% | 18.5×-25.9% | 24.9×-5.0% | |
| Earnings yield | 4.3%-24.5% | 5.7%+3.6% | 5.5%-12.6% | 6.3%+36.7% | 4.6%+14.7% | |
| FCF yield | 2.5%-42.9% | 4.4%-0.1% | 4.5%-17.8% | 5.4%+35.0% | 4.0%+5.3% | |
| Dividend yield | 1.4%-3.6% | 1.5%+17.2% | 1.3%-1.7% | 1.3%+31.2% | 0.98%-15.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CSX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CSX filings on SEC EDGAR → Not investment advice.