Csx Corp (CSX)
Industrials · Rail Transportation · US stock · S&P 500 component
$48.68
▼ -0.01 (0.02%)
Fair valueFair
$42 −14.7% to fair value
$21fair band $29–$54$62
Day's range
$48.36 – $49.22
52-week range
$33.20 – $53.45
About Csx Corp
Across the eastern United States, CSX operates a major freight railroad that links ports, industrial centres and large population areas. It carries coal, intermodal containers, chemicals, automotive products, agricultural and food goods, forest products and minerals. Customers are shippers such as manufacturers, utilities, retailers and logistics companies, along with other railroads that connect to its network. The company owns and maintains its own track, terminals and locomotives.
Freight charges for moving customers' goods across its network produced revenue of $14.5 billion over the last twelve months. Revenue has changed at -1.7% a year across the last three years. The operating margin is 34.2% and the business earns 12% on the capital invested in it. Net debt is 2.6 times EBITDA, and the dividend yield is 1.1%. On the site's X-Ray Score it receives 32 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $33.20 – $53.45Volume 9,825,600Daily, split-adjusted
Vitals
Market cap$90.5B
52-week range$33.20 – $53.45
Volume (last day)9,825,600
P/E (TTM)28.2
EBIT / EV yield4.6%
Free-cash-flow yield3.1%
Dividend yield1.1%
Revenue (TTM)$14.5B
Net income (TTM)$3.2B
Operating margin34.2%
Return on capital12.0%
Debt incl. leases$18.9B
Cash & securities$1.4B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$42model spread $39 – $44
Fair
−14.7% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $49
Undervalued < $29Fair $29 – $54Overvalued > $54
10-year DCF (market-scaled)
$37
Peer multiples
$48
Earnings power floor (not blended)
$18
Fundamentals-adjusted multiple
$39
Growth the price implies
15.7%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Weak
38/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.6%
Free-cash-flow yield3.1%
Fair value vs price0.9×
Growth
Weak
12/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-1.7%
EPS growth (3y)-7.1%
Growth consistency40%
Profitability
Weak
50/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital12.0%
Operating margin34.2%
Financial health
Weak
17/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA2.6×
Interest cover5.9×
Dividends
Weak
47/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.1%
Dividends vs free cash flow37%
Dividend growth4.5%
Quarterly results: last 6 quarters
-7.0%
Mar '25
-3.4%
Jun '25
-0.9%
Sep '25
-0.9%
Dec '25
+1.7%
Mar '26
+10.1%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $3.9B, diluted EPS $0.54.
Compare with peers
UNP Union Pacific Corp49 NSC Norfolk Southern Corp31Other Rail Transportation companies by X-Ray Score.
Fundamentals checklist
● 1 Good · ● 3 Average · ● 11 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldBad
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 35/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $12.5B | $14.9B | $14.7B | $14.5B | $14.1B |
| Operating income | $5.6B | $6.0B | $5.5B | $5.2B | $4.5B |
| Net income | $3.8B | $4.1B | $3.7B | $3.5B | $2.9B |
| Operating cash flow | $5.1B | $5.5B | $5.5B | $5.2B | $4.6B |
| Operating margin | 44.7% | 40.1% | 37.5% | 36.1% | 32.1% |
| Free cash flow | $3.3B | $3.4B | $3.3B | $2.7B | $1.7B |
| Diluted EPS | $1.68 | $1.92 | $1.82 | $1.79 | $1.54 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 1 neutral · 5 bearish
Weekly
Bullish
8 bullish · 1 neutral · 3 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 47.75 | Bullish |
| EMA 10 | 47.92 | Bullish |
| SMA 20 | 47.26 | Bullish |
| EMA 20 | 47.80 | Bullish |
| SMA 50 | 48.75 | Bearish |
| EMA 50 | 48.19 | Bullish |
| SMA 100 | 48.56 | Bullish |
| EMA 100 | 47.56 | Bullish |
| SMA 200 | 44.67 | Bullish |
| EMA 200 | 44.96 | Bullish |
Oscillators (daily)
| RSI (14) | 58.62 | Neutral |
| MACD (12, 26) | -0.05 | Bearish |
| Momentum (12) | 4.67 | Bullish |
| Stochastic %K (14) | 83.98 | Bearish |
| Williams %R (14) | -16.02 | Bearish |
| CCI (20) | 206.2 | Bearish |
Pivot points (classic, last session)
S3 47.43 | S2 47.89 | S1 48.29 | Pivot 48.75 | R1 49.15 | R2 49.61 | R3 50.01 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.55 USD
Yield on today's price
1.13%
Frequency
Quarterly
Next ex-dividend date
30 Nov 2026
| Ex-dividend date | Amount per share |
|---|---|
| 30 Nov 2026 (upcoming) | 0.1400 |
| 31 Aug 2026 | 0.1400 |
| 29 May 2026 | 0.1400 |
| 27 Feb 2026 | 0.1400 |
| 28 Nov 2025 | 0.1300 |
| 29 Aug 2025 | 0.1300 |
| 30 May 2025 | 0.1300 |
| 28 Feb 2025 | 0.1300 |
| 29 Nov 2024 | 0.1200 |
| 30 Aug 2024 | 0.1200 |
| 31 May 2024 | 0.1200 |
| 28 Feb 2024 | 0.1200 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
CSX SEC filings
13 Oct 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
22 Jul 2026
10-QSEC EDGAR
Quarterly report
22 Jul 2026
8-KSEC EDGAR
Results of operations
14 May 2026
8-KSEC EDGAR
Director or officer change; Shareholder vote results
22 Apr 2026
10-QSEC EDGAR
Quarterly report
22 Apr 2026
8-KSEC EDGAR
Results of operations
30 Mar 2026
DEF 14ASEC EDGAR
Proxy statement
12 Feb 2026
10-KSEC EDGAR
Annual report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.