CSX CORP (CSX) Stock Fundamental Analysis
NASDAQ:CSX - US1264081035 - Common Stock
34.745 USD
-1.12 (-3.14%)
CSX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 40 industry peers in the Ground Transportation industry. While CSX has a great profitability rating, there are quite some concerns on its financial health. CSX has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CSX was profitable.
In the past year CSX had a positive cash flow from operations.
CSX had positive earnings in each of the past 5 years.
In the past 5 years CSX always reported a positive cash flow from operatings.
1.2 Ratios
CSX has a better Return On Assets (7.23%) than 72.50% of its industry peers.
With an excellent Return On Equity value of 25.07%, CSX belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
CSX has a Return On Invested Capital of 9.31%. This is in the better half of the industry: CSX outperforms 72.50% of its industry peers.
CSX had an Average Return On Invested Capital over the past 3 years of 10.70%. This is above the industry average of 8.43%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.23% | ||
| ROE | 25.07% | ||
| ROIC | 9.31% |
ROA(3y)8.91%
ROA(5y)8.6%
ROE(3y)30.47%
ROE(5y)28.11%
ROIC(3y)10.7%
ROIC(5y)10.22%
1.3 Margins
Looking at the Profit Margin, with a value of 21.91%, CSX belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
CSX's Profit Margin has declined in the last couple of years.
The Operating Margin of CSX (34.55%) is better than 90.00% of its industry peers.
In the last couple of years the Operating Margin of CSX has declined.
CSX has a better Gross Margin (71.73%) than 82.50% of its industry peers.
In the last couple of years the Gross Margin of CSX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.55% | ||
| PM (TTM) | 21.91% | ||
| GM | 71.73% |
OM growth 3Y-3.63%
OM growth 5Y-2.09%
PM growth 3Y-7.54%
PM growth 5Y-3.08%
GM growth 3Y-1.48%
GM growth 5Y-1.36%
2. Health
2.1 Basic Checks
CSX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CSX has been reduced compared to 1 year ago.
Compared to 5 years ago, CSX has less shares outstanding
Compared to 1 year ago, CSX has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.32 indicates that CSX is not a great score, but indicates only limited risk for bankruptcy at the moment.
CSX has a Altman-Z score of 2.32. This is comparable to the rest of the industry: CSX outperforms 55.00% of its industry peers.
CSX has a debt to FCF ratio of 9.55. This is a negative value and a sign of low solvency as CSX would need 9.55 years to pay back of all of its debts.
CSX has a better Debt to FCF ratio (9.55) than 65.00% of its industry peers.
CSX has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.50, CSX is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 9.55 | ||
| Altman-Z | 2.32 |
ROIC/WACC1.02
WACC9.11%
2.3 Liquidity
CSX has a Current Ratio of 0.77. This is a bad value and indicates that CSX is not financially healthy enough and could expect problems in meeting its short term obligations.
CSX has a worse Current ratio (0.77) than 85.00% of its industry peers.
A Quick Ratio of 0.63 indicates that CSX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.63, CSX is doing worse than 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for CSX have decreased by -8.79% in the last year.
CSX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.65% yearly.
The Revenue has decreased by -3.27% in the past year.
The Revenue has been growing slightly by 4.02% on average over the past years.
EPS 1Y (TTM)-8.79%
EPS 3Y5.69%
EPS 5Y5.65%
EPS Q2Q%-10.2%
Revenue 1Y (TTM)-3.27%
Revenue growth 3Y5.11%
Revenue growth 5Y4.02%
Sales Q2Q%-3.43%
3.2 Future
The Earnings Per Share is expected to grow by 7.52% on average over the next years.
CSX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.94% yearly.
EPS Next Y-8.79%
EPS Next 2Y3.16%
EPS Next 3Y5.47%
EPS Next 5Y7.52%
Revenue Next Year-2.37%
Revenue Next 2Y1.04%
Revenue Next 3Y1.98%
Revenue Next 5Y2.94%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CSX is valuated rather expensively with a Price/Earnings ratio of 20.93.
Based on the Price/Earnings ratio, CSX is valued a bit cheaper than the industry average as 72.50% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.76. CSX is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 17.84 indicates a rather expensive valuation of CSX.
Based on the Price/Forward Earnings ratio, CSX is valued a bit cheaper than 65.00% of the companies in the same industry.
CSX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.91, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.93 | ||
| Fwd PE | 17.84 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CSX.
Based on the Price/Free Cash Flow ratio, CSX is valued a bit cheaper than the industry average as 72.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.29 | ||
| EV/EBITDA | 13.02 |
4.3 Compensation for Growth
The decent profitability rating of CSX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.7
EPS Next 2Y3.16%
EPS Next 3Y5.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.43%, CSX has a reasonable but not impressive dividend return.
CSX's Dividend Yield is a higher than the industry average which is at 1.60.
CSX's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
5.2 History
The dividend of CSX is nicely growing with an annual growth rate of 8.56%!
CSX has paid a dividend for at least 10 years, which is a reliable track record.
CSX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.56%
Div Incr Years20
Div Non Decr Years22
5.3 Sustainability
30.63% of the earnings are spent on dividend by CSX. This is a low number and sustainable payout ratio.
CSX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP30.63%
EPS Next 2Y3.16%
EPS Next 3Y5.47%
NASDAQ:CSX (8/22/2025, 3:41:08 PM)
34.745
-1.12 (-3.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners80.52%
Inst Owner Change-2.76%
Ins Owners0.11%
Ins Owner Change-0.63%
Market Cap64.77B
Analysts78.75
Price Target39.19 (12.79%)
Short Float %1.34%
Short Ratio1.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
Yearly Dividend0.48
Dividend Growth(5Y)8.56%
DP30.63%
Div Incr Years20
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.17%
Min EPS beat(2)-8.88%
Max EPS beat(2)4.53%
EPS beat(4)1
Avg EPS beat(4)-2.64%
Min EPS beat(4)-8.88%
Max EPS beat(4)4.53%
EPS beat(8)4
Avg EPS beat(8)-1.21%
EPS beat(12)7
Avg EPS beat(12)0.2%
EPS beat(16)11
Avg EPS beat(16)2.07%
Revenue beat(2)0
Avg Revenue beat(2)-1.74%
Min Revenue beat(2)-2.23%
Max Revenue beat(2)-1.24%
Revenue beat(4)0
Avg Revenue beat(4)-1.99%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)-1.24%
Revenue beat(8)1
Avg Revenue beat(8)-1.2%
Revenue beat(12)3
Avg Revenue beat(12)-0.57%
Revenue beat(16)7
Avg Revenue beat(16)0.47%
PT rev (1m)16.6%
PT rev (3m)17.33%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)-9.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.25%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)-3.19%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.93 | ||
| Fwd PE | 17.84 | ||
| P/S | 4.58 | ||
| P/FCF | 32.29 | ||
| P/OCF | 13.05 | ||
| P/B | 5.24 | ||
| P/tB | 5.43 | ||
| EV/EBITDA | 13.02 |
EPS(TTM)1.66
EY4.78%
EPS(NY)1.95
Fwd EY5.6%
FCF(TTM)1.08
FCFY3.1%
OCF(TTM)2.66
OCFY7.66%
SpS7.59
BVpS6.64
TBVpS6.4
PEG (NY)N/A
PEG (5Y)3.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.23% | ||
| ROE | 25.07% | ||
| ROCE | 12.24% | ||
| ROIC | 9.31% | ||
| ROICexc | 9.4% | ||
| ROICexgc | 9.51% | ||
| OM | 34.55% | ||
| PM (TTM) | 21.91% | ||
| GM | 71.73% | ||
| FCFM | 14.17% |
ROA(3y)8.91%
ROA(5y)8.6%
ROE(3y)30.47%
ROE(5y)28.11%
ROIC(3y)10.7%
ROIC(5y)10.22%
ROICexc(3y)11.14%
ROICexc(5y)10.77%
ROICexgc(3y)11.31%
ROICexgc(5y)10.9%
ROCE(3y)14.07%
ROCE(5y)13.44%
ROICexcg growth 3Y-0.99%
ROICexcg growth 5Y-0.33%
ROICexc growth 3Y-0.95%
ROICexc growth 5Y-0.55%
OM growth 3Y-3.63%
OM growth 5Y-2.09%
PM growth 3Y-7.54%
PM growth 5Y-3.08%
GM growth 3Y-1.48%
GM growth 5Y-1.36%
F-Score5
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 9.55 | ||
| Debt/EBITDA | 2.82 | ||
| Cap/Depr | 175.03% | ||
| Cap/Sales | 20.9% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.44% | ||
| Profit Quality | 64.67% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 2.32 |
F-Score5
WACC9.11%
ROIC/WACC1.02
Cap/Depr(3y)145.06%
Cap/Depr(5y)135.78%
Cap/Sales(3y)15.72%
Cap/Sales(5y)15.36%
Profit Quality(3y)83.6%
Profit Quality(5y)86.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.79%
EPS 3Y5.69%
EPS 5Y5.65%
EPS Q2Q%-10.2%
EPS Next Y-8.79%
EPS Next 2Y3.16%
EPS Next 3Y5.47%
EPS Next 5Y7.52%
Revenue 1Y (TTM)-3.27%
Revenue growth 3Y5.11%
Revenue growth 5Y4.02%
Sales Q2Q%-3.43%
Revenue Next Year-2.37%
Revenue Next 2Y1.04%
Revenue Next 3Y1.98%
Revenue Next 5Y2.94%
EBIT growth 1Y-9.06%
EBIT growth 3Y1.29%
EBIT growth 5Y1.85%
EBIT Next Year21.69%
EBIT Next 3Y11.79%
EBIT Next 5Y9.19%
FCF growth 1Y-37.99%
FCF growth 3Y-6.34%
FCF growth 5Y-3.17%
OCF growth 1Y-10.91%
OCF growth 3Y0.96%
OCF growth 5Y1.59%