Inside the research
CSX Corporation
CSX Research profile · latest available data
Price overview
$46.78
▼ -0.17 (-0.4%)
| 52w hi | $53.08 |
|---|---|
| 52w lo | $33.25 |
| Vol | 8.58M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.20
| Short | +0.27 |
|---|---|
| Medium | +0.17 |
| Long | +0.10 |
computed 2026-09-27
Key fundamentals
CSX Corporation
Industrials · Railroads
| Market cap | $86.66B |
|---|---|
| Enterprise value | $104.72B |
| Trailing P/E | 27.20x |
| Forward P/E | 20.58x |
| EV / EBITDA | 15.33x |
| P / S (ttm) | 5.97x |
| Profit margin | 22.2% |
| Return on equity | 24.4% |
| Revenue growth | +10.1% |
| Earnings growth | +22.7% |
| Debt / equity | 138.07 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.25 | |
| Sector | -0.01 | |
| Technical | +0.17 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services in the United States and Canada. It operates through two segments: rail and trucking. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns 3400 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
Risk Metrics
| Beta vs SPX | 0.66 |
|---|---|
| Corr SPX | 0.43 |
| Annual vol | 24.3% |
| Annual ret | +17.5% |
| Sharpe | 0.72 |
| Max DD | -27.6% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $45.54 |
|---|---|
| High / Low | $52.00 / $30.00 |
| Median | $47.00 |
| Analysts | 23 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 11 | |
| Hold | 7 | |
| Sell | 1 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-24 | Baird | → Outperform |
| 2026-04-23 | Wells Fargo | → Overweight |
| 2026-04-23 | TD Cowen | → Buy |
| 2026-04-23 | RBC Capital | → Outperform |
| 2026-04-23 | Morgan Stanley | → Underweight |
| 2026-04-23 | Goldman Sachs | → Neutral |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-22 | Earnings Release, Exhibits | read |
| 2026-05-14 | Officer / Director Change, Shareholder Vote… | read |
| 2026-04-22 | Earnings Release, Exhibits | read |
| 2026-01-22 | Earnings Release, Exhibits | read |
| 2025-10-29 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-10-23 | Material Obligation, Other Material Event… | read |
| 2025-10-22 | Material Agreement, Exhibits | read |
| 2025-10-16 | Earnings Release, Exhibits | read |
| 2025-09-29 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-07-23 | Earnings Release, Exhibits | read |
| 2025-05-12 | Shareholder Vote | read |
| 2025-04-16 | Earnings Release, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 96.0% |
| HHI | 4,983 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $4.35B | 91.46M |
| Fidelity / FMR LLC | $633.01M | 13.32M |
| Capital Research / Capital World | $496.84M | 10.45M |
| Citadel Advisors | $306.53M | 6.45M |
| Millennium Management | $254.29M | 5.35M |
| AQR Capital Management | $114.25M | 2.41M |
| Bridgewater Associates | $105.99M | 2.23M |
| Renaissance Technologies | $30.17M | 634.80K |
| T. Rowe Price Group | $3.37M | 70.89M |
As of 2026-06-30
Connections
Subsidiarys: CSX Transportation
Dividends
| Yield (TTM) | 0.58% |
|---|---|
| $ / share (TTM) | $0.27 |
| 5y CAGR | +8.4% |
Annual dividend per share
| 2021 | $0.37 |
|---|---|
| 2022 | $0.40 |
| 2023 | $0.44 |
| 2024 | $0.48 |
| 2025 | $0.52 |
| 2026 | $0.14 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $5.02M | Department of Veterans Affairs | PROJECT: 501-17-108, UPGRADE SECURITY SYSTEMS ON CAMPUS AT THE NEW MEXICO VA HEA |
| $2.45M | General Services Administration | 6X4 DUMP, 12-14 CU YDS, 54000-60000 LBS GVWR |
| $2.41M | General Services Administration | 6X4 DUMP, 12-14 CU YDS, 54000-60000 LBS GVWR |
| $1.68M | Department of Veterans Affairs | UPGRADE BUILDING 80 AT THE VA NEW MEXICO HEALTHCARE SYSTEM, ALBUQUERQUE, NM. |
| $1.64M | General Services Administration | 6X4 DUMP, 12-16 CU YDS, 62000-66000 LBS GVWR |
| $1.51M | Department of Veterans Affairs | CONSTRUCTION PROJECT 501-CSI-116, SITE PREP OR-5 FOR IMAGING EQUIPMENT, BUILDING |
| $1.12M | Department of Defense | SHOWERS, LATRINES, AND LAUNDRY SERVICES UNITED STATES MILITARY ACADEMY (USMA) CA |
| $1.10M | General Services Administration | 6X4 DUMP, 12-14 CU YDS, 54000-60000 LBS GVWR |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $14.09B | +2.1% | |
| Operating income | $4.52B | +4.4% | |
| Net income | $3.67B | +6.5% | |
| Cash from ops | $5.25B | +6.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $46.79 | $47.03 | $46.51 | $46.78 | 8.58M |
| Sep 24 | $47.03 | $47.33 | $46.77 | $46.95 | 9.55M |
| Sep 23 | $46.65 | $47.59 | $46.26 | $47.19 | 10.64M |
| Sep 22 | $46.26 | $46.68 | $45.95 | $46.59 | 11.49M |
| Sep 21 | $47.48 | $47.48 | $45.79 | $45.99 | 16.41M |
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