Revenue segments as reported by the company.

Merchandise

Intermodal

Coal

Trucking

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Labor and Fringe

Purchased Services and Other

Depreciation and Amortization

Fuel

Equipment and Other Rents

Gains on Property Dispositions

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Seaboard Coast Line Railroad is a former Class I railroad company operating in the Southeastern United States beginning in 1967. Its passenger operations were taken over by Amtrak in 1971. Eventually, the railroad was merged with its affiliate lines to create the Seaboard System in 1983.

Seaboard Coast Line Railroad

Conrail is the commonly used name for modern-day Conrail (reporting mark CRCX). Conrail is an American railroad company. It operates three networks—the North Jersey, South Jersey/Philadelphia, and Detroit Shared Assets Areas, where it serves as a contract local carrier and switching company for its owners, CSX Transportation and the Norfolk Southern Railway.

Conrail

CSX Corp. engages in the provision of rail-based freight transportation services. Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. The company was founded in 1827 and is headquartered in Jacksonville, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CSX reports robust Q4 earnings, eyes volume growth opportunities

CSX delivered strong financial results in Q4 2022, showcasing revenue and operating income growth. The company is focused on maintaining operational improvements, controlling costs, and pursuing volume growth opportunities to drive future success.

CSX reports strong Q1 earnings, eyes growth in key segments

CSX's Q1 performance reflects robust financial growth, operational excellence, and a strategic focus on customer service and safety.
While facing challenges such as cost moderation and intermodal revenue decline, CSX is leveraging opportunities in growth segments and efficiency enhancements.
The company's proactive approach to competition and industrial development projects positions it for sustained growth and improved operational efficiency.

CSX meets Q2 expectations, eyes growth in truck conversion

CSX delivered a solid performance in Q2, focusing on safety, operational efficiency, and revenue growth in key segments.
While facing challenges in intermodal revenue and market pressures on yields, CSX remains optimistic about volume growth and truck conversion opportunities.
The company aims to control costs, improve efficiency, and sustain high service levels to navigate through current market challenges and capitalize on growth opportunities.

CSX reports Q3 revenue decline, eyes efficiency and growth

CSX faced revenue decline and cost challenges in Q3 but maintained strong free cash flow. The company aims for low single-digit revenue growth in Q4, focusing on efficiency, cost control, and improving operating ratio. Emphasis on culture, growth strategy, and market trends for future success.

CSX reports mixed Q4 results, eyes margin improvement in 2024

CSX's Q4 2023 performance showed mixed results with volume growth but a slight revenue decline, with a strong emphasis on margin improvement and operational efficiency for the future.
The company's strengths lie in positive growth across key segments, safety focus, and plans for intermodal truck conversion, while facing challenges in revenue headwinds and significant expenses.
Opportunities in export markets, operational enhancements, and back-end loaded growth strategies position CSX for potential growth and performance improvements in 2024.

CSX reports solid Q1 performance, eyes margin improvement and growth

CSX's Q1 2024 performance showed resilience amidst challenges, with a focus on operational improvements, safety culture, and customer service. Despite revenue decline and lower earnings per share year-over-year, the company aims for margin improvement and cost efficiency. Opportunities lie in industrial growth and enhanced labor productivity.

CSX posts strong Q2 results, navigates challenges with resilience

CSX reported a strong quarter marked by volume growth and improved operating margins. Despite facing challenges like port constraints and operational disruptions, the company demonstrated resilience and adaptability. With a focus on safety, efficiency, and growth opportunities in key segments, CSX is well-positioned for future success.

CSX reports resilient Q3 performance, focuses on culture and growth

CSX's Q3 earnings call highlighted a strong performance amidst challenges, emphasizing the importance of service excellence, employee engagement, and safety. The company's focus on building a strong culture and teamwork has led to positive outcomes and growth in revenue.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Xtrackers MSCI All China Equity ETF

Two union groups announced they have ratified agreements with Class I railroad employers CSX and CN. One of those, a chapter of the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD), said it has ratified its sick leave agreement with eastern railroad CSX (NASDAQ: CSX).

Union members at CSX, CN ratify labor agreements

Canadian National Railway Company

Canadian Pacific Kansas City Limited

iShares Transportation Average ETF

Norfolk Southern

Union Pacific

Railroads had been steady outperformers over the past 10 years. However, they're once again selling off, as a mix of economic and operating challenges are impacting profits. Bulk and merchandise shipments were tailwinds. Intermodal was a major headwind, which is expected to last, given economic developments and structural changes in the economy.

Why Railroad Stocks Are Selling Off

Diamondback Energy

Honeywell

With a number of macro adversities, investing in the stock market can be complex, especially if looking for long-term growth and sustainable dividends. With hundreds of stocks to choose from, it can be time-intensive to determine which ones will provide the best returns.

3 Dividend Stocks to Consider for Growth

JACKSONVILLE, Fla., April 21, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) has recognized the sustainability achievements of 13 rail customers by naming them 2023 CSX Customer Environmental Excellence Award winners.

CSX Announces Customer Environmental Excellence Award Winners

Railroad earnings reporting season kicked off this week with CSX Corp. and Union Pacific Corp. both beating Wall Street's top and bottom line estimates Thursday.

Service improvement in the spotlight as CSX and Union Pacific kick off rail earnings

The tone of CSX's first-quarter 2023 earnings call was different from last year's for a key reason: CSX has more train crew now to meet demand, while last year the railroad was still on the search for new hires. That difference helped improve service — terminal dwell fell by 20% and train speeds rose by 16% in the first quarter— as well as helped grow CSX's (NASDAQ: CSX) net profit by 15% to $987 million year over year.

Hiring initiatives pay off for CSX

PPG Industries

Industrial stocks have been struggling to gain traction in 2023, but news from PPG Industries (NYSE: PPG) and CSX (NYSE: CSX) has these stocks melting-up. The combination of underlying business strength and internal efficiencies resulted in better-than-expected earnings reports that point to company profits and investors' capital returns.

2 Industrial Strength Dividend Stocks Melting Up

CSX's first-quarter revenues benefit from solid volume growth in merchandise and coal, higher fuel surcharge and pricing gains.

CSX Q1 Earnings and Revenues Surpass Estimates, Rise Y/Y

CSX Corp (CSX) Q1 2023 Earnings Call Transcript.

CSX Corp (CSX) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for CSX (CSX) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, CSX (CSX) Q1 Earnings: A Look at Key Metrics

CSX (CSX) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.39 per share a year ago.

CSX (CSX) Tops Q1 Earnings and Revenue Estimates

Shares of CSX Corp. rose after hours on Thursday after the railroad giant's first-quarter results beat expectations, as price increases and a bump in coal demand offset a dip in how much product the company shipped overall.

Higher prices, coal demand help CSX results; railroad's stock rallies

JACKSONVILLE, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2023 operating income of $1.46 billion compared to $1.28 billion in the prior year period. Net earnings of $987 million, or $0.48 per share, compared to $859 million, or $0.39 per share, in the same period last year.

CSX Corp. Announces First Quarter 2023 Results

Railroad earnings season kicks off this week with Union Pacific Corp. and CSX Corp. reporting their results on Thursday, ahead of Norfolk Southern Corp. and Canadian Pacific Kansas City Ltd. next week.

Derailments, paid sick leave loom over railroad earnings

Freeport-McMoRan

Procter & Gamble

Regions Financial

Schlumberger

In the first hour of trading Wednesday, the Dow Jones industrials were down 0.28%, the S&P 500 down 0.32% and the Nasdaq 0.59% lower.

Earnings Previews: CSX, Freeport-McMoRan, Procter & Gamble, Regions Financial, Schlumberger

Higher export coal volumes and pro-investor steps boost CSX Corporation (CSX). However, supply-chain disruptions are worrisome.

Why Investors Should Hold CSX Corporation (CSX) Stock Now

We expect CSX to post revenue and earnings slightly above the street expectations, as the company should continue to benefit from better price realization.

Here's What To Expect From CSX's Q1

New CEO Joe Hinrichs says railroads' use of the vaunted precision-scheduling model hasn't put enough focus on employees and customers.

CSX Boss: Railroads' Efficiency Model Wasn't Implemented Properly

In this article, I start by highlighting the macroeconomic challenges facing CSX and recent comments from Morgan Stanley. We also dive into the new strategy implemented by CSX's new CEO, which aims to improve volumes after years of slower volumes.

CSX: A New Strategy And Buying Opportunities

CSX (CSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CSX (CSX) Earnings Expected to Grow: Should You Buy?

JACKSONVILLE, Fla., April 07, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached an agreement with the Sheet Metal, Air, Rail and Transportation Workers-Mechanical Department (SMART-MD) to provide paid sick leave benefits.

CSX Reaches Paid Sick Leave Agreement with SMART-MD

CSX's deal with Sheet Metal, Air, Rail and Transportation Workers-Transportation Division B&O reflects the former's employee-friendly attitude.

CSX Inks Provisional Paid-Sick-Leave Deal With SMART-TD B&O

JACKSONVILLE, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached a tentative agreement with the Sheet Metal, Air, Rail and Transportation Workers-Transportation Division B&O (SMART-TD B&O) union to provide CSX trainmen and conductors with paid sick leave benefits.

CSX Reaches Tentative Paid Sick Leave Agreement with SMART-TD B&O Union

JACKSONVILLE, Fla., March 30, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that the Commerce Park II – Rail Site in Hopkinsville, Kentucky, has been designated a Platinum CSX Select Site.

Commerce Park II – Rail Site Receives CSX Select Site Designation

At first glance, CSX is a slow-growing business that underperforms the market this year. With its strong capital allocation policy and significant cash flows, CSX could outpace the market in the long term, even against the backdrop of a potentially challenged growth environment.

News for CSX Stock (CSX)