Source: CSX Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$11.07B
$11.41B
$12.25B
$11.94B
$10.58B
$12.52B
$14.85B
$14.66B
$14.54B
$14.09B
Operating income
$3.41B
$3.72B
$4.87B
$4.96B
$4.36B
$5.59B
$5.95B
$5.50B
$5.25B
$4.52B
Interest expense
$579.00M
$546.00M
—
—
—
—
$742.00M
$809.00M
$832.00M
$844.00M
Pre-tax income
$2.74B
$3.14B
$4.30B
$4.32B
$3.63B
$4.95B
$5.34B
$4.83B
$4.55B
$3.77B
Income tax
$1.03B
-$2.33B
$995.00M
$985.00M
$862.00M
$1.17B
$1.23B
$1.16B
$1.08B
$880.00M
Net income
$1.71B
$5.47B
$3.31B
$3.33B
$2.77B
$3.78B
$4.11B
$3.67B
$3.47B
$2.89B
EBITDA
$4.71B
$5.04B
$6.20B
$6.31B
$5.75B
$7.01B
$7.46B
$7.11B
$6.90B
$6.20B
EPS (basic)
$1.81
$6.01
$3.86
$1.39
$1.20
$1.68
$1.93
$1.83
$1.79
$1.54
EPS (diluted)
$1.81
$5.99
$3.84
$1.39
$1.20
$1.68
$1.92
$1.82
$1.79
$1.54
Diluted shares
948.00M
914.00M
861.00M
2.40B
2.31B
2.25B
2.14B
2.01B
1.94B
1.87B
Operating margin
30.8%
32.6%
39.7%
41.6%
41.2%
44.7%
40.1%
37.5%
36.1%
32.1%
Net margin
15.5%
48.0%
27.0%
27.9%
26.1%
30.2%
27.7%
25.0%
23.9%
20.5%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$603.00M
$401.00M
$858.00M
$958.00M
$3.13B
$2.24B
$1.96B
$1.35B
$933.00M
$670.00M
Short-term investments
$417.00M
$18.00M
$253.00M
$996.00M
$2.00M
$77.00M
$129.00M
$83.00M
$72.00M
$5.00M
Receivables
$938.00M
$970.00M
$1.01B
$986.00M
$912.00M
$1.15B
$1.31B
$1.39B
$1.33B
$1.30B
Total current assets
$2.49B
$1.92B
$2.56B
$3.28B
$4.44B
$3.87B
$3.81B
$3.36B
$2.82B
$2.55B
Goodwill
$63.00M
$63.00M
—
$63.00M
$63.00M
$276.00M
$319.00M
$325.00M
$239.00M
$80.00M
Total assets
$35.41B
$35.74B
$36.73B
$38.26B
$39.79B
$40.53B
$41.68B
$42.20B
$42.76B
$43.68B
Total current liabilities
$2.04B
$1.89B
$1.92B
$2.15B
$2.02B
$2.23B
$2.45B
$3.22B
$3.28B
$3.13B
Short-term debt
$331.00M
$19.00M
$18.00M
$245.00M
$401.00M
$181.00M
$151.00M
$558.00M
$606.00M
$708.00M
Long-term debt
$10.96B
$11.79B
$14.74B
$15.99B
$16.30B
$16.18B
$17.90B
$17.98B
$17.90B
$18.16B
Total debt
$11.29B
$11.81B
$14.76B
$16.24B
$16.70B
$16.37B
$18.05B
$18.53B
$18.50B
$18.87B
Total liabilities
$23.72B
$21.02B
$24.15B
$26.39B
$26.68B
$27.03B
$29.21B
$30.23B
$30.26B
$30.52B
Shareholders' equity
$11.69B
$14.72B
$12.58B
$11.86B
$13.11B
$13.45B
$12.47B
$11.98B
$12.51B
$13.16B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$3.04B
$3.47B
$4.64B
$4.85B
$4.26B
$5.10B
$5.53B
$5.51B
$5.25B
$4.61B
Capital expenditures
$2.40B
$2.04B
$1.75B
$1.66B
$1.63B
$1.79B
$2.11B
$2.26B
$2.53B
$2.90B
Free cash flow
$643.00M
$1.43B
$2.90B
$3.19B
$2.64B
$3.31B
$3.41B
$3.26B
$2.72B
$1.71B
Investing cash flow
-$1.80B
-$1.50B
-$1.68B
-$2.10B
-$649.00M
-$1.88B
-$2.06B
-$2.23B
-$2.60B
-$2.85B
Financing cash flow
-$1.27B
-$2.18B
-$2.50B
-$2.65B
-$1.44B
-$4.11B
-$3.77B
-$3.87B
-$3.06B
-$2.02B
Dividends paid
$680.00M
$708.00M
$751.00M
$763.00M
$797.00M
$839.00M
$852.00M
$882.00M
$930.00M
$972.00M
Share buybacks
$1.06B
$1.97B
$4.67B
$3.37B
$867.00M
$2.89B
$4.73B
$3.48B
$2.24B
$1.40B
Stock-based compensation
$37.00M
$89.00M
$51.00M
$74.00M
$29.00M
$107.00M
$74.00M
$60.00M
$40.00M
$54.00M
Depreciation & amortization
$1.30B
$1.31B
$1.33B
$1.35B
$1.38B
$1.42B
$1.50B
$1.61B
$1.66B
$1.68B
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$3.68B
$3.68B
$3.70B
$3.62B
$3.54B
$3.42B
$3.57B
$3.59B
$3.51B
$3.48B
$3.94B
$4.02B
Operating income
$1.31B
$1.34B
$1.45B
$1.35B
$1.11B
$1.04B
$1.28B
$1.09B
$1.11B
$1.25B
$1.51B
$1.57B
Interest expense
$204.00M
$210.00M
$209.00M
$206.00M
$207.00M
$209.00M
$212.00M
$210.00M
$213.00M
$213.00M
$211.00M
$207.00M
Pre-tax income
$1.14B
$1.17B
$1.27B
$1.18B
$936.00M
$858.00M
$1.09B
$898.00M
$920.00M
$1.06B
$1.32B
$1.38B
Income tax
$262.00M
$288.00M
$304.00M
$290.00M
$203.00M
$212.00M
$264.00M
$204.00M
$200.00M
$256.00M
$318.00M
$332.00M
Net income
$882.00M
$880.00M
$963.00M
$894.00M
$733.00M
$646.00M
$829.00M
$694.00M
$720.00M
$807.00M
$1.00B
$1.05B
EBITDA
$1.72B
$1.75B
$1.86B
$1.77B
$1.53B
$1.47B
$1.71B
$1.51B
$1.51B
$1.67B
$1.92B
$1.98B
EPS (basic)
$0.45
$0.45
$0.50
$0.46
$0.38
$0.34
$0.44
$0.37
$0.38
$0.43
$0.54
$0.57
EPS (diluted)
$0.45
$0.45
$0.49
$0.46
$0.39
$0.34
$0.44
$0.37
$0.38
$0.43
$0.54
$0.57
Diluted shares
-14.00M
1.96B
1.95B
1.94B
-7.00M
1.89B
1.87B
1.87B
-3.00M
1.86B
1.86B
1.85B
Operating margin
35.7%
36.3%
39.1%
37.4%
31.3%
30.4%
35.9%
30.3%
31.6%
36.0%
38.3%
39.1%
Net margin
24.0%
23.9%
26.0%
24.7%
20.7%
18.9%
23.2%
19.3%
20.5%
23.2%
25.5%
26.2%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$1.35B
$1.48B
$1.24B
$1.64B
$933.00M
$1.14B
$387.00M
$612.00M
$670.00M
$964.00M
$1.01B
$1.22B
Short-term investments
$83.00M
$2.00M
$4.00M
$12.00M
$72.00M
$8.00M
$6.00M
$6.00M
$5.00M
$145.00M
$383.00M
$382.00M
Receivables
$1.39B
$1.40B
$1.43B
$1.41B
$1.33B
$1.35B
$1.41B
$1.37B
$1.30B
$1.39B
$1.46B
$1.49B
Total current assets
$3.36B
$3.45B
$3.18B
$3.58B
$2.82B
$3.02B
$2.31B
$2.51B
$2.55B
$3.11B
$3.41B
$3.63B
Goodwill
$325.00M
—
—
—
$239.00M
—
—
$80.00M
$80.00M
—
—
—
Total assets
$42.20B
$42.48B
$42.36B
$43.07B
$42.76B
$43.20B
$42.93B
$43.28B
$43.68B
$44.23B
$44.73B
$45.15B
Total current liabilities
$3.22B
$3.02B
$2.74B
$2.57B
$3.28B
$3.42B
$2.98B
$2.97B
$3.13B
$3.22B
$4.15B
$4.31B
Short-term debt
$558.00M
$557.00M
$557.00M
$6.00M
$606.00M
$605.00M
$616.00M
$608.00M
$708.00M
$710.00M
$1.70B
$1.70B
Long-term debt
$17.98B
$17.94B
$17.95B
$18.54B
$17.90B
$18.52B
$18.55B
$18.55B
$18.16B
$18.16B
$17.16B
$17.10B
Total debt
$18.53B
$18.50B
$18.51B
$18.54B
$18.50B
$19.13B
$19.17B
$19.16B
$18.87B
$18.87B
$18.86B
$18.80B
Total liabilities
$30.23B
$30.04B
$29.74B
$30.13B
$30.26B
$31.02B
$30.55B
$30.52B
$30.52B
$30.65B
$30.64B
$30.77B
Shareholders' equity
$11.98B
$12.44B
$12.62B
$12.94B
$12.51B
$12.18B
$12.38B
$12.76B
$13.16B
$13.58B
$14.09B
$14.38B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$1.49B
$1.07B
$1.11B
$1.69B
$1.39B
$1.25B
$635.00M
$1.34B
$1.39B
$1.27B
$1.33B
$1.62B
Capital expenditures
$686.00M
$517.00M
$549.00M
$625.00M
$838.00M
$719.00M
$776.00M
$730.00M
$677.00M
$543.00M
$576.00M
$593.00M
Free cash flow
$803.00M
$549.00M
$558.00M
$1.06B
$550.00M
$536.00M
-$141.00M
$607.00M
$709.00M
$729.00M
$751.00M
$1.02B
Investing cash flow
-$721.00M
-$486.00M
-$562.00M
-$674.00M
-$883.00M
-$647.00M
-$807.00M
-$691.00M
-$706.00M
-$567.00M
-$754.00M
-$586.00M
Financing cash flow
-$775.00M
-$450.00M
-$790.00M
-$606.00M
-$1.22B
-$402.00M
-$580.00M
-$421.00M
-$622.00M
-$411.00M
-$530.00M
-$815.00M
Dividends paid
$216.00M
$235.00M
$233.00M
$232.00M
$230.00M
$245.00M
$243.00M
$242.00M
$242.00M
$260.00M
$260.00M
$259.00M
Share buybacks
$581.00M
$247.00M
$563.00M
$402.00M
$1.02B
$751.00M
$421.00M
$112.00M
$112.00M
$222.00M
$296.00M
$543.00M
Stock-based compensation
$15.00M
$16.00M
$13.00M
$16.00M
-$5.00M
$14.00M
$15.00M
$14.00M
$11.00M
$13.00M
$27.00M
$20.00M
Depreciation & amortization
$405.00M
$410.00M
$410.00M
$416.00M
$422.00M
$425.00M
$427.00M
$424.00M
$404.00M
$415.00M
$411.00M
$413.00M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.