CSX Corporation (CSX) financials
CSX revenue and earnings by year
CSX's revenue was $14.1 billion in the fiscal year to December 31, 2025, down 3.1% from the year before. Net income was $2.89 billion, 20.5% of revenue. Since the fiscal year to December 30, 2016, revenue has grown 2.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.1 | 14.5 | 14.7 | 14.9 | 12.5 | 10.6 | 11.9 | 12.3 | 11.4 | 11.1 |
| Revenue growth | -3.1% | -0.8% | -1.3% | 18.6% | 18.3% | -11.3% | -2.6% | 7.4% | 3.1% | — |
| Gross profit | 6.4 | 7.0 | 7.1 | 7.2 | 6.6 | 5.7 | 4.8 | 4.9 | 3.7 | 3.4 |
| Gross margin | 45.2% | 48.2% | 48.5% | 48.6% | 52.4% | 54.0% | 40.3% | 39.7% | 32.8% | 30.4% |
| Operating income | 4.5 | 5.2 | 5.5 | 6.0 | 5.6 | 4.4 | 5.0 | 4.9 | 3.5 | 3.4 |
| Operating margin | 32.1% | 36.1% | 37.5% | 40.1% | 44.7% | 41.2% | 41.6% | 39.7% | 30.7% | 30.4% |
| Net income | 2.9 | 3.5 | 3.7 | 4.1 | 3.8 | 2.8 | 3.3 | 3.3 | 5.5 | 1.7 |
| Net margin | 20.5% | 23.9% | 25.0% | 27.7% | 30.2% | 26.1% | 27.9% | 27.0% | 48.0% | 15.5% |
| Diluted EPS | $1.54 | $1.79 | $1.82 | $1.92 | $1.68 | $1.20 | $1.39 | $1.28 | $2.02 | $0.60 |
| Free cash flow | 1.8 | 2.8 | 3.3 | 3.7 | 3.8 | 2.7 | 3.4 | 3.2 | 1.5 | 0.8 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CSX in Markets.
How CSX makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Total Merchandise | $2.45B | 61.0% |
| Chemicals | $790M | 19.6% |
| Metals & Equipment | $267M | 6.6% |
| Trucking | $227M | 5.6% |
| Other Services | $166M | 4.1% |
| Fertilizers | $118M | 2.9% |
See also: CSX valuation and P/E history · CSX returns
No forecast, no recommendation. This page describes CSX Corporation from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.