CSX Corporation
CSX Industrials Railroads
CSX Corporation’s revenue for fiscal 2025 (year ended December 2025) was $14.1 billion, down 3.08% from fiscal 2024.
- Revenue
- +12.0%
- EPS
- +54.1%
- Free cash flow
- +65.8%
- Total debt
- −1.87%
Quarter to September 2026, against a year earlier
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CSX Corporation (CSX) Operating margin
CSX Corporation's operating margin over the twelve months to 30 September 2026 was 36.4%, up 4.3 percentage points from fiscal 2025 (32.1%). Over the past ten years it has ranged from 30.3% (fiscal 2015) to 44.7% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Railroads industry median of 24.4% and above the Industrials sector median of 5.21%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 32.1% | (3.99) |
| FY2024 | 36.1% | (1.45) |
| FY2023 | 37.5% | (2.57) |
| FY2022 | 40.1% | (4.58) |
| FY2021 | 44.7% | 3.45 |
| FY2020 | 41.2% | (0.37) |
| FY2019 | 41.6% | 1.84 |
| FY2018 | 39.8% | 7.14 |
| FY2017 | 32.6% | 1.78 |
| FY2016 | 30.8% | 0.49 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 39.1% | 0.81 |
| Jun 2026 | 38.3% | 2.28 |
| Mar 2026 | 36.0% | 4.35 |
| Dec 2025 | 31.6% | 1.34 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| UNP Union Pacific Corporation compare | 40.1% |
| CP Canadian Pacific Kansas City Limited compare | 36.4% |
| CSX CSX Corporation | 36.4% |
| TRN Trinity Industries, Inc. compare | 34.5% |
| NSC Norfolk Southern Corporation compare | 31.5% |
| WAB Wabtec compare | 17.2% |
| GBX Greenbrier Companies, Inc. (The) compare | 5.83% |
| FSTR L.B. Foster Company compare | 4.44% |
| RAIL Freightcar America, Inc. compare | 3.77% |
| Railroads industry median | 24.4% |
| Industrials sector median | 5.21% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on CSX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement