CSX Corporation logo
CSX Corporation CSX
$ 50.4 0.42%
report update icon

Quarterly report 2026-Q2
added 07-22-2026

CSX Corporation Financial Ratios 2025-2006 | CSX

Brief overview of CSX Corporation's valuation and returns

Ratios are assessed across five available annual reports in the 2021–2025 interval.

The current valuation set is P/E 26.39x (median 20.26x), EV/EBITDA 14.44x (median 31.44x), P/S 5.41x (median 5.07x). On average, multiples differ from their five-year medians by only +6.7%. Valuation is near its familiar historical range.

Earnings yield calculated as 1/P/E is about 3.8%, showing current profit per unit of share price.

Current measures of operating quality are ROE 22%, ROA 6.6%, ROCE 34.4%. Profitability forms a strong profile, with capital and assets producing substantial returns.

On PEG (4.13x), valuation is stretched relative to growth and requires strong execution.

The cash cycle changed only slightly and ended at -92.8 days.

Overall picture

CSX Corporation's valuation and business quality look relatively balanced, with no pronounced distortion in either direction.

Annual Financial Ratios CSX Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006

P/E

26.4 17.8 20.3 16.5 20.4 23.6 54.1 49.2 27.7 79.7 33.6 53.7 43.0 36.6 38.2 4.2 3.9 2.2 0.0 -

P/S

5.4 4.3 5.1 4.6 6.1 6.2 15.1 13.3 13.3 12.3 5.6 8.2 6.7 5.8 5.9 2.3 1.9 0.3 0.0 -

EPS

1.5 1.8 1.8 1.9 1.7 1.2 1.4 3.9 6.0 1.8 2 1.9 1.8 1.8 1.7 1.4 1.0 3.4 3.1 -

EV (Enterprise Value)

106 B 91.2 B 103 B 94.9 B 102 B 88.7 B 85.6 B 77.5 B 71.2 B 68.6 B 44.5 B 55.7 B 47.4 B 43.5 B 43.4 B 24.7 B 21.5 B 20.6 B -366 M -461 M

EBITDA per Share

3.32 3.56 3.54 3.49 3.12 2.5 2.68 2.49 1.91 1.62 1.62 1.59 1.5 1.48 1.44 3.52 2.7 9.11 7.3 K -

EV/EBITDA

17.1 13.2 14.5 12.7 14.4 36.5 31.4 28.9 32.1 31.9 15.9 23.6 19.3 16.9 17.6 6.1 6.8 5.6 -0.1 -

PEG

4.13 2.8 2.59 1.21 1.37 2.41 8.3 -1.44 0.12 -8.3 8.41 10.46 18.4 5.35 2.02 - - - - -

P/B

5.8 4.9 6.2 5.4 5.7 5.0 15.2 12.9 10.3 11.7 5.7 9.3 7.6 7.6 8.2 0.8 0.5 0.4 - -

P/CF

16.5 11.8 13.5 12.2 15.1 15.3 56.5 56.2 106.0 212.3 81.8 115.8 84.0 112.4 58.3 2.0 2.2 1.1 0.0 -

ROE %

21.95 27.74 30.60 32.99 28.01 21.09 28.08 26.30 37.16 14.68 16.89 17.28 17.78 20.68 21.55 17.77 13.04 16.97 15.48 -

ROA %

6.61 8.11 8.69 9.87 9.33 6.95 8.71 9.01 15.31 4.84 5.66 5.83 5.86 6.08 6.18 5.55 4.25 5.15 - -

ROCE %

34.35 41.94 45.88 47.75 41.44 33.27 13.50 13.71 11.15 9.88 10.93 11.68 11.83 12.37 12.76 34.91 25.89 34.45 26.18 -

Current Ratio

1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.3 1.0 1.2 1.5 1.2 1.1 1.1 1.1 1.4 1.5 1.4 - -

DSO

34.0 34.1 33.7 30.2 30.0 32.7 30.1 30.1 31.0 30.9 30.3 32.5 31.9 29.9 35.1 128.8 165.4 18.0 - -

DIO

- - - - - - 13.5 12.8 17.8 53.0 38.8 24.3 23.4 26.1 22.5 - - - - -

DPO

126.8 135.8 141.5 132.4 126.8 148.6 53.9 46.3 40.5 104.9 84.7 75.2 88.9 96.7 107.4 124.2 134.7 60.1 - -

Operating Cycle

34.0 34.1 33.7 30.2 30.0 32.7 43.6 42.9 48.8 83.9 69.1 56.8 55.3 56.0 57.6 128.8 165.3 17.9 - -

Cash Conversion Cycle

-92.8 -101.7 -107.8 -102.2 -96.8 -115.8 -10.3 -3.4 8.3 -21.0 -15.5 -18.4 -33.5 -40.7 -49.9 4.6 30.7 -42.1 - -

All numbers in USD currency

Quarterly Financial Ratios CSX Corporation

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2 2010-Q1 2009-Q3 2009-Q2 2009-Q1

EPS

0.54 0.43 0.37 0.44 0.34 0.46 0.5 0.45 0.42 0.49 0.48 - - 0.55 0.39 0.42 0.43 0.52 0.31 0.33 0.32 0.22 0.33 0.99 1.08 1.08 1.02 1.02 1.05 1.02 0.78 4.63 0.51 0.55 0.39 0.49 0.48 0.47 0.37 0.48 0.52 0.56 0.45 0.49 0.51 0.53 0.4 0.42 0.45 0.51 0.45 0.44 0.42 0.48 0.46 0.46 0.43 0.46 0.37 1.09 1.08 0.78 0.75 0.79 0.63

EBITDA per Share

1.03 0.9 0.81 0.92 0.78 0.91 0.96 0.89 0.85 0.93 0.9 - - 0.96 0.75 0.62 0.81 0.9 0.63 1.59 0.65 0.51 1.97 - 2.06 2.04 1.9 - 1.91 1.87 1.54 - 1.33 1.4 1.17 - 1.23 1.22 1.06 - 1.26 1.33 1.15 - 1.27 1.28 1.01 - 1.1 1.19 1.13 - 1.05 1.13 1.11 - 1.05 1.06 0.93 2.8 2.6 2.21 2.11 2.07 1.91

ROE %

25.19 23.39 24.35 26.55 26.92 28.69 29.93 30.30 32.19 31.63 30.40 22.39 22.39 29.74 29.51 28.23 27.11 25.37 20.45 21.09 21.79 23.39 26.92 28.08 28.28 28.17 27.81 26.30 47.73 43.74 40.23 37.16 12.96 13.73 14.07 14.66 14.73 15.19 16.12 16.87 17.27 17.48 17.47 17.24 16.90 16.68 16.91 17.75 18.60 19.13 19.68 20.62 21.33 21.94 22.36 21.81 20.98 20.34 17.86 16.44 15.29 13.46 3.37 3.64 3.00

ROA %

7.60 6.85 7.30 7.72 8.19 6.70 9.08 6.80 9.72 9.82 9.73 7.35 7.35 9.76 9.77 9.39 9.00 8.43 6.76 6.95 7.05 7.44 8.46 8.71 8.99 9.18 9.30 9.01 18.30 17.15 16.19 15.31 5.02 5.02 4.85 4.84 4.89 5.06 5.40 5.66 5.80 5.88 5.89 5.83 5.68 5.58 5.62 5.86 5.99 5.98 5.97 6.09 6.26 6.40 6.49 6.29 6.18 6.16 5.58 5.29 4.91 4.29 1.08 1.15 0.93

ROCE %

38.80 36.66 37.90 40.86 41.24 43.52 45.20 45.59 47.80 46.69 44.66 32.79 32.79 43.70 43.32 41.76 40.91 38.71 32.44 33.27 33.73 35.88 40.56 41.85 42.05 41.48 40.68 38.70 36.42 32.04 28.35 25.27 26.21 27.50 28.18 28.98 27.17 27.98 29.51 30.72 32.00 32.74 32.94 32.33 32.01 31.27 31.30 33.06 34.24 35.40 36.64 38.35 39.70 40.90 41.58 40.82 40.10 38.70 34.97 32.52 29.85 27.26 6.88 6.88 6.36

Current Ratio

1.5 1.4 1.4 1.4 1.4 - 1.4 - 1.4 1.4 1.4 1.4 - 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.7 1.7 1.7 1.7 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.4

DSO

33.0 36.1 35.4 35.2 18.0 18.0 17.6 17.3 34.8 33.4 33.1 - - 33.1 32.4 32.9 34.9 35.7 33.4 29.5 31.4 36.9 30.3 31.2 30.2 29.4 30.2 29.3 29.4 29.7 31.4 30.9 32.3 30.2 30.3 28.2 31.6 31.6 33.5 32.2 30.5 29.2 31.8 32.3 32.0 31.8 33.0 31.7 32.2 31.5 33.4 32.7 30.3 29.1 32.4 34.7 34.8 34.1 34.6 33.2 32.7 34.8 36.1 38.5 -

DPO

122.2 138.2 146.5 149.3 73.1 67.5 71.0 68.1 140.8 141.7 147.2 - - 140.4 132.7 - 133.8 141.0 130.4 - 128.6 145.6 139.4 - 149.2 146.9 135.2 - 124.6 129.4 117.7 - 106.6 102.9 94.9 - 96.5 98.2 90.0 - 88.6 84.5 83.5 - 91.2 95.3 101.0 - 110.4 112.4 113.3 - 122.7 124.4 116.6 - 136.8 137.0 126.9 118.8 117.3 118.5 67.3 - -

Operating Cycle

- 36.1 35.4 35.2 - - - - - 33.4 33.1 - - 33.1 32.4 32.9 34.9 35.7 33.4 29.5 31.4 36.9 30.3 31.2 30.2 29.4 30.2 29.3 29.4 29.7 31.4 30.9 32.3 30.2 30.3 28.2 31.6 31.6 33.5 32.2 30.5 29.2 31.8 32.3 32.0 31.8 33.0 31.7 32.2 31.5 33.4 32.7 30.3 29.1 32.4 34.7 34.8 34.1 - - - - - - -

Cash Conversion Cycle

- -102.0 -111.2 -114.1 - - - - - -108.3 -114.1 - - -107.3 -100.3 32.9 -98.9 -105.3 -97.0 29.5 -97.2 -108.7 -109.1 31.2 -119.0 -117.5 -105.0 29.3 -95.2 -99.7 -86.3 30.9 -74.3 -72.7 -64.5 28.2 -64.9 -66.5 -56.5 32.2 -58.1 -55.2 -51.7 32.3 -59.3 -63.5 -68.0 31.7 -78.2 -80.9 -80.0 32.7 -92.4 -95.2 -84.2 34.7 -102.0 -102.9 - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company CSX Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Railroads industry

Issuer Price % 24h Market Cap Country
Kelso Technologies Kelso Technologies
KIQ
- 3.85 % $ 14.3 M canadaCanada
Мостотрест Мостотрест
MSTT
- - - russiaRussia
Kansas City Southern Kansas City Southern
KSU
- -0.95 % $ 26.3 B usaUSA
Norfolk Southern Corporation Norfolk Southern Corporation
NSC
$ 335.48 0.44 % $ 75.5 B usaUSA
Объединённая вагонная компания Объединённая вагонная компания
UWGN
- - - russiaRussia
Объединённая вагонная компания Объединённая вагонная компания
VLHZ
- - - russiaRussia
USD Partners LP USD Partners LP
USDP
- -2.33 % $ 10.9 M usaUSA
Canadian Pacific Railway Limited Canadian Pacific Railway Limited
CP
$ 88.89 0.83 % $ 81.4 B canadaCanada
Canadian National Railway Company Canadian National Railway Company
CNI
$ 127.21 0.07 % $ 76.6 B canadaCanada
L.B. Foster Company L.B. Foster Company
FSTR
$ 41.13 -0.15 % $ 427 M usaUSA
FreightCar America FreightCar America
RAIL
$ 7.97 - $ 253 M usaUSA
The Greenbrier Companies The Greenbrier Companies
GBX
$ 49.25 0.35 % $ 1.54 B usaUSA
Trinity Industries Trinity Industries
TRN
$ 31.24 -8.97 % $ 2.52 B usaUSA
Union Pacific Corporation Union Pacific Corporation
UNP
$ 292.13 0.92 % $ 174 B usaUSA
Westinghouse Air Brake Technologies Corporation Westinghouse Air Brake Technologies Corporation
WAB
$ 290.86 -0.55 % $ 49.6 B usaUSA