(CSX) CSX - Overview
Sector: Industrials | Industry: Railroads | Exchange: NASDAQ (USA) | Market Cap: 73.955m USD | Total Return: 49.5% in 12m
Avg Trading Vol: 528M USD
Peers RS (IBD): 75.0
EPS Trend: -68.4%
Qual. Beats: 0
Rev. Trend: -47.2%
Qual. Beats: 0
CSX Corporation (NASDAQ: CSX) operates a rail-based freight network across the eastern United States and parts of Canada, complemented by a trucking segment that handles intermodal transfers, drayage, and bulk-commodity moves. Its service portfolio spans chemicals, agricultural products, minerals, automotive goods, and coal shipments to power plants and steel mills, as well as a 30-terminal intermodal system for consumer-goods containers.
The company’s infrastructure includes roughly 20,000 route-mile rail lines serving 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, supported by a fleet of about 3,400 locomotives. CSX also operates distribution centers and storage sites for automotive customers and provides rail-to-truck connections for non-rail-served shippers such as plastics and ethanol producers.
In FY 2025 CSX reported revenue of $13.3 billion and an operating ratio of 60.5%, an improvement of 0.7 points year-over-year, while net income rose to $2.1 billion. Intermodal volumes grew 7% YoY, driven by continued reshoring of supply chains and higher consumer-goods demand, and total traffic increased 5% on the back of robust construction and energy-sector activity. The company is allocating roughly $1.5 billion in 2026 capital expenditures to modernize track, expand terminal capacity, and enhance locomotive efficiency, supporting its target dividend yield of about 2.8%.
For a deeper dive into CSX’s valuation metrics and how they compare within the rail-transport sector, you might want to explore the analysis on ValueRay.
- Freight volume fluctuations impact rail and intermodal revenue
- Fuel price volatility affects operating costs
- Regulatory changes in rail safety increase expenses
- Economic slowdowns reduce demand for transported goods
- Intermodal growth expands market share and revenue
| Net Income: 2.89b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.65 > 1.0 |
| NWC/Revenue: -4.14% < 20% (prev -3.14%; Δ -1.00% < -1%) |
| CFO/TA 0.11 > 3% & CFO 4.61b > Net Income 2.89b |
| Net Debt (18.68b) to EBITDA (6.29b): 2.97 < 3 |
| Current Ratio: 0.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.86b) vs 12m ago -2.97% < -2% |
| Gross Margin: 33.25% > 18% (prev 0.37%; Δ 3.29k% > 0.5%) |
| Asset Turnover: 32.60% > 50% (prev 34.00%; Δ -1.40% > 0%) |
| Interest Coverage Ratio: 5.47 > 6 (EBITDA TTM 6.29b / Interest Expense TTM 844.0m) |
| A: -0.01 (Total Current Assets 2.55b - Total Current Liabilities 3.13b) / Total Assets 43.68b |
| B: 0.24 (Retained Earnings 10.56b / Total Assets 43.68b) |
| C: 0.11 (EBIT TTM 4.61b / Avg Total Assets 43.22b) |
| D: 0.40 (Book Value of Equity 12.21b / Total Liabilities 30.52b) |
| Altman-Z'' Score: 1.84 = BBB |
| DSRI: 1.01 (Receivables 1.30b/1.33b, Revenue 14.09b/14.54b) |
| GMI: 1.10 (GM 33.25% / 36.70%) |
| AQI: 0.99 (AQ_t 0.09 / AQ_t-1 0.09) |
| SGI: 0.97 (Revenue 14.09b / 14.54b) |
| TATA: -0.04 (NI 2.89b - CFO 4.61b) / TA 43.68b) |
| Beneish M-Score: -2.99 (Cap -4..+1) = A |
Over the past week, the price has changed by +3.91%, over one month by -3.38%, over three months by +15.17% and over the past year by +49.51%.
- StrongBuy: 11
- Buy: 5
- Hold: 11
- Sell: 0
- StrongSell: 0
| Wallstreet Target Price | 41 | -0.1% |
| Analysts Target Price | 41 | -0.1% |
P/E Forward = 20.6186
P/S = 5.248
P/B = 5.3956
P/EG = 3.2441
Revenue TTM = 14.09b USD
EBIT TTM = 4.61b USD
EBITDA TTM = 6.29b USD
Long Term Debt = 18.16b USD (from longTermDebt, last quarter)
Short Term Debt = 708.0m USD (from shortTermDebt, last quarter)
Debt = 19.35b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 18.68b USD (from netDebt column, last quarter)
Enterprise Value = 92.63b USD (73.95b + Debt 19.35b - CCE 675.0m)
Interest Coverage Ratio = 5.47 (Ebit TTM 4.61b / Interest Expense TTM 844.0m)
EV/FCF = 23.53x (Enterprise Value 92.63b / FCF TTM 3.94b)
FCF Yield = 4.25% (FCF TTM 3.94b / Enterprise Value 92.63b)
FCF Margin = 27.93% (FCF TTM 3.94b / Revenue TTM 14.09b)
Net Margin = 20.50% (Net Income TTM 2.89b / Revenue TTM 14.09b)
Gross Margin = 33.25% ((Revenue TTM 14.09b - Cost of Revenue TTM 9.41b) / Revenue TTM)
Gross Margin QoQ = 31.64% (prev 34.88%)
Tobins Q-Ratio = 2.12 (Enterprise Value 92.63b / Total Assets 43.68b)
Interest Expense / Debt = 1.10% (Interest Expense 213.0m / Debt 19.35b)
Taxrate = 21.74% (200.0m / 920.0m)
NOPAT = 3.61b (EBIT 4.61b * (1 - 21.74%))
Current Ratio = 0.81 (Total Current Assets 2.55b / Total Current Liabilities 3.13b)
Debt / Equity = 1.47 (Debt 19.35b / totalStockholderEquity, last quarter 13.16b)
Debt / EBITDA = 2.97 (Net Debt 18.68b / EBITDA 6.29b)
Debt / FCF = 4.75 (Net Debt 18.68b / FCF TTM 3.94b)
Total Stockholder Equity = 12.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.68% (Net Income 2.89b / Total Assets 43.68b)
RoE = 22.90% (Net Income TTM 2.89b / Total Stockholder Equity 12.62b)
RoCE = 14.99% (EBIT 4.61b / Capital Employed (Equity 12.62b + L.T.Debt 18.16b))
RoIC = 11.39% (NOPAT 3.61b / Invested Capital 31.69b)
WACC = 7.09% (E(73.95b)/V(93.31b) * Re(8.72%) + D(19.35b)/V(93.31b) * Rd(1.10%) * (1-Tc(0.22)))
Discount Rate = 8.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.70%
[DCF] Terminal Value 81.10% ; FCFF base≈3.45b ; Y1≈3.24b ; Y5≈3.02b
[DCF] Fair Price = 25.79 (EV 66.63b - Net Debt 18.68b = Equity 47.95b / Shares 1.86b; r=7.09% [WACC]; 5y FCF grow -7.90% → 3.0% )
EPS Correlation: -68.41 | EPS CAGR: -49.40% | SUE: -4.0 | # QB: 0
Revenue Correlation: -47.24 | Revenue CAGR: 0.73% | SUE: -1.20 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.49 | Chg7d=-0.001 | Chg30d=-0.000 | Revisions Net=+0 | Analysts=21
EPS current Year (2026-12-31): EPS=1.85 | Chg7d=+0.000 | Chg30d=-0.002 | Revisions Net=+0 | Growth EPS=+14.6% | Growth Revenue=+2.9%
EPS next Year (2027-12-31): EPS=2.09 | Chg7d=+0.001 | Chg30d=-0.000 | Revisions Net=-2 | Growth EPS=+13.1% | Growth Revenue=+4.6%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.8% (Discount Rate 8.7% - Earnings Yield 3.9%)
[Growth] Growth Spread = -2.6% (Analyst 2.3% - Implied 4.8%)