CSX CORP (CSX) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:CSX • US1264081035

37.76 USD
-0.11 (-0.29%)
At close: Jan 30, 2026
37.5563 USD
-0.2 (-0.54%)
After Hours: 1/30/2026, 8:00:01 PM
Fundamental Rating

4

Taking everything into account, CSX scores 4 out of 10 in our fundamental rating. CSX was compared to 42 industry peers in the Ground Transportation industry. CSX has an excellent profitability rating, but there are concerns on its financial health. CSX has a valuation in line with the averages, but on the other hand it scores bad on growth. CSX also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • CSX had positive earnings in the past year.
  • CSX had a positive operating cash flow in the past year.
  • In the past 5 years CSX has always been profitable.
  • CSX had a positive operating cash flow in each of the past 5 years.
CSX Yearly Net Income VS EBIT VS OCF VS FCFCSX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

1.2 Ratios

  • With a decent Return On Assets value of 6.61%, CSX is doing good in the industry, outperforming 73.81% of the companies in the same industry.
  • CSX has a Return On Equity of 21.95%. This is amongst the best in the industry. CSX outperforms 88.10% of its industry peers.
  • CSX's Return On Invested Capital of 8.81% is amongst the best of the industry. CSX outperforms 83.33% of its industry peers.
  • CSX had an Average Return On Invested Capital over the past 3 years of 9.96%. This is above the industry average of 6.90%.
Industry RankSector Rank
ROA 6.61%
ROE 21.95%
ROIC 8.81%
ROA(3y)7.81%
ROA(5y)8.54%
ROE(3y)26.78%
ROE(5y)28.28%
ROIC(3y)9.96%
ROIC(5y)10.27%
CSX Yearly ROA, ROE, ROICCSX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 20.50%, CSX belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CSX has declined.
  • CSX's Operating Margin of 33.17% is amongst the best of the industry. CSX outperforms 90.48% of its industry peers.
  • CSX's Operating Margin has declined in the last couple of years.
  • CSX has a Gross Margin of 70.78%. This is amongst the best in the industry. CSX outperforms 83.33% of its industry peers.
  • In the last couple of years the Gross Margin of CSX has declined.
Industry RankSector Rank
OM 33.17%
PM (TTM) 20.5%
GM 70.78%
OM growth 3Y-5.14%
OM growth 5Y-4.21%
PM growth 3Y-9.92%
PM growth 5Y-4.73%
GM growth 3Y-0.06%
GM growth 5Y-2.15%
CSX Yearly Profit, Operating, Gross MarginsCSX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

2

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.
  • CSX has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, CSX has about the same debt to assets ratio.
CSX Yearly Shares OutstandingCSX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
CSX Yearly Total Debt VS Total AssetsCSX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • The Debt to FCF ratio of CSX is 11.03, which is on the high side as it means it would take CSX, 11.03 years of fcf income to pay off all of its debts.
  • CSX has a Debt to FCF ratio of 11.03. This is in the better half of the industry: CSX outperforms 66.67% of its industry peers.
  • CSX has a Debt/Equity ratio of 1.38. This is a high value indicating a heavy dependency on external financing.
  • CSX has a worse Debt to Equity ratio (1.38) than 76.19% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.38
Debt/FCF 11.03
Altman-Z N/A
ROIC/WACC0.89
WACC9.88%
CSX Yearly LT Debt VS Equity VS FCFCSX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 0.81 indicates that CSX may have some problems paying its short term obligations.
  • CSX has a Current ratio of 0.81. This is in the lower half of the industry: CSX underperforms 73.81% of its industry peers.
  • CSX has a Quick Ratio of 0.81. 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 Quick ratio (0.81) than 71.43% of its industry peers.
Industry RankSector Rank
Current Ratio 0.81
Quick Ratio 0.81
CSX Yearly Current Assets VS Current LiabilitesCSX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

3

3. Growth

3.1 Past

  • The earnings per share for CSX have decreased strongly by -12.02% in the last year.
  • CSX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.76% yearly.
  • CSX shows a decrease in Revenue. In the last year, the revenue decreased by -3.08%.
  • CSX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.89% yearly.
EPS 1Y (TTM)-12.02%
EPS 3Y-5.54%
EPS 5Y5.76%
EPS Q2Q%-7.14%
Revenue 1Y (TTM)-3.08%
Revenue growth 3Y-1.74%
Revenue growth 5Y5.89%
Sales Q2Q%-0.88%

3.2 Future

  • CSX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.20% yearly.
  • Based on estimates for the next years, CSX will show a small growth in Revenue. The Revenue will grow by 4.24% on average per year.
EPS Next Y17.91%
EPS Next 2Y15.08%
EPS Next 3Y13.54%
EPS Next 5Y11.2%
Revenue Next Year2.82%
Revenue Next 2Y3.69%
Revenue Next 3Y3.75%
Revenue Next 5Y4.24%

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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
CSX Yearly Revenue VS EstimatesCSX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B
CSX Yearly EPS VS EstimatesCSX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2 2.5

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 23.45, which indicates a rather expensive current valuation of CSX.
  • Compared to the rest of the industry, the Price/Earnings ratio of CSX indicates a somewhat cheap valuation: CSX is cheaper than 71.43% of the companies listed in the same industry.
  • CSX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.32.
  • With a Price/Forward Earnings ratio of 19.89, CSX is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, CSX is valued a bit cheaper than the industry average as 73.81% of the companies are valued more expensively.
  • CSX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 23.45
Fwd PE 19.89
CSX Price Earnings VS Forward Price EarningsCSX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • CSX's Enterprise Value to EBITDA is on the same level as the industry average.
  • Based on the Price/Free Cash Flow ratio, CSX is valued a bit cheaper than the industry average as 69.05% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 41.1
EV/EBITDA 13.93
CSX Per share dataCSX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • CSX has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as CSX's earnings are expected to grow with 13.54% in the coming years.
PEG (NY)1.31
PEG (5Y)4.07
EPS Next 2Y15.08%
EPS Next 3Y13.54%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.37%, CSX has a reasonable but not impressive dividend return.
  • CSX's Dividend Yield is a higher than the industry average which is at 0.71.
  • CSX's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
Industry RankSector Rank
Dividend Yield 1.37%

5.2 History

  • On average, the dividend of CSX grows each year by 8.35%, which is quite nice.
  • CSX has paid a dividend for at least 10 years, which is a reliable track record.
  • CSX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.35%
Div Incr Years20
Div Non Decr Years22
CSX Yearly Dividends per shareCSX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • 33.64% of the earnings are spent on dividend by CSX. This is a low number and sustainable payout ratio.
  • The dividend of CSX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP33.64%
EPS Next 2Y15.08%
EPS Next 3Y13.54%
CSX Yearly Income VS Free CF VS DividendCSX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
CSX Dividend Payout.CSX Dividend Payout, showing the Payout Ratio.CSX Dividend Payout.PayoutRetained Earnings

CSX CORP / CSX FAQ

Can you provide the ChartMill fundamental rating for CSX CORP?

ChartMill assigns a fundamental rating of 4 / 10 to CSX.


Can you provide the valuation status for CSX CORP?

ChartMill assigns a valuation rating of 5 / 10 to CSX CORP (CSX). This can be considered as Fairly Valued.


Can you provide the profitability details for CSX CORP?

CSX CORP (CSX) has a profitability rating of 7 / 10.


Can you provide the financial health for CSX stock?

The financial health rating of CSX CORP (CSX) is 2 / 10.


What is the earnings growth outlook for CSX CORP?

The Earnings per Share (EPS) of CSX CORP (CSX) is expected to grow by 17.91% in the next year.