CSX Financials

CSX Stock  USD 37.07  0.23  0.62%   
Based on the key measurements obtained from CSX's financial statements, CSX Corporation is performing exceptionally good at this time. It has a great risk to report excellent financial results in April. At this time, CSX's Good Will is fairly stable compared to the past year. Intangible Assets is likely to rise to about 190.1 M in 2024, whereas Total Assets are likely to drop slightly above 27 B in 2024. Key indicators impacting CSX's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.270.2535
Notably Up
Slightly volatile
Return On Assets0.09080.0865
Sufficiently Up
Slightly volatile
Return On Equity0.320.3063
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.821.5337
Way Down
Slightly volatile
Operating Income5.8 B5.5 B
Sufficiently Up
Slightly volatile
Current Ratio0.821.0496
Significantly Down
Very volatile
The financial analysis of CSX is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for CSX includes many different criteria found on its balance sheet. For example, investors should never minimize CSX's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor CSX's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in CSX.

Net Income

3.9 Billion

With this module, you can analyze CSX financials for your investing period. You should be able to track the changes in CSX individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past CSX Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CSX's financial statements are interrelated, with each one affecting the others. For example, an increase in CSX's assets may result in an increase in income on the income statement.
Evaluating CSX's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of CSX's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the CSX's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
CSX Corporation has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for CSX stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, CSX's odds of distress score SHOULD NOT be confused with the real chance of CSX Corporation filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as CSX is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include CSX's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in CSX's official financial statements usually reflect CSX's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CSX Corporation. For example, before you start analyzing numbers published by CSX accountants, it's critical to develop an understanding of what CSX's liquidity, profitability, and earnings quality are in the context of the Ground Transportation space in which it operates.
Please note, the presentation of CSX's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CSX's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CSX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CSX Corporation. Please utilize our Beneish M Score to check the likelihood of CSX's management manipulating its earnings.

CSX Company Summary

CSX competes with Greenbrier Companies, Trinity Industries, Freightcar America, Rail Vision, and Rail Vision. CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida. CSX Corp operates under Railroads classification in the United States and is traded on NASDAQ Exchange. It employs 21946 people.
Specialization
Industrials, Transportation
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000277948
ISINUS1264081035
CUSIP126408103
RegionNorth America
LocationFlorida; U.S.A
Business Address500 Water Street,
SectorGround Transportation
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.csx.com
Phone904 359 3200
CurrencyUSD - US Dollar
You should never invest in CSX without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CSX Stock, because this is throwing your money away. Analyzing the key information contained in CSX's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

CSX Key Financial Ratios

Generally speaking, CSX's financial ratios allow both analysts and investors to convert raw data from CSX's financial statements into concise, actionable information that can be used to evaluate the performance of CSX over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CSX Corporation reports annually and quarterly.

CSX Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets38.3B39.8B40.5B41.9B43.0B27.0B
Other Current Liab1.9B1.6B2.1B(6.4B)836M739.6M
Net Debt15.3B13.6B14.1B16.1B17.7B18.6B
Retained Earnings11.4B12.5B11.6B10.4B9.8B7.2B
Cash958M3.1B2.2B2.0B1.4B782.4M
Net Receivables986M912M1.1B1.3B1.4B1.1B
Inventory261M302M339M341M446M287.0M
Other Current Assets1.3B1.3B1.6B1.8B109M103.6M
Total Liab26.4B26.7B27.0B29.3B30.8B18.5B
Total Current Assets3.3B4.4B3.9B3.8B3.4B2.7B
Short Term Debt245M401M181M151M626M381.5M
Accounts Payable1.0B809M963M1.1B1.2B931.9M
Common Stock773M763M2.2B2.1B2.0B2.1B
Other Liab7.8B8.4B8.6B8.3B9.6B10.0B
Other Assets312M35.4B1.5B328M377.2M358.3M
Long Term Debt16.0B16.3B16.2B17.9B18.0B11.0B
Net Tangible Assets11.8B13.1B13.5B12.1B13.9B12.4B
Long Term Debt Total16.0B16.3B16.2B17.9B20.6B13.1B

CSX Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what CSX's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense737M754M722M742M809M849.5M
Total Revenue11.9B10.6B12.5B14.9B14.7B11.1B
Gross Profit4.9B4.4B5.1B5.8B5.7B4.4B
Operating Income5.0B4.4B5.6B6.0B5.5B5.8B
Ebit5.0B4.4B5.6B6.0B5.5B5.8B
Ebitda6.4B5.8B6.6B7.4B7.2B7.5B
Cost Of Revenue7.1B6.2B7.4B9.1B9.0B6.7B
Income Before Tax4.3B3.6B5.0B5.4B4.9B5.1B
Net Income3.3B2.8B3.8B4.2B3.7B3.9B
Income Tax Expense995M985M862M1.2B1.2B1.2B
Tax Provision995M985M862M1.2B1.2B773.3M
Interest Income48M17M7M42M79M69.9M
Net Interest Income(689M)(754M)(722M)(742M)(762M)(800.1M)

CSX Key Cash Accounts

Cash flow analysis captures how much money flows into and out of CSX Corporation. It measures of how well CSX is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money CSX brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money CSX had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what CSX has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash100M2.2B(890M)(281M)(605M)(574.8M)
Free Cash Flow3.2B2.6B3.3B3.5B3.3B3.4B
Depreciation1.3B1.4B1.4B1.5B1.6B834.7M
Other Non Cash Items139M(30M)185M(255M)3.2B3.3B
Dividends Paid763M797M839M852M(882M)(837.9M)
Capital Expenditures1.7B1.6B1.8B2.1B2.3B1.8B
Net Income3.3B2.8B3.8B4.2B3.7B3.9B
End Period Cash Flow958M3.1B2.2B2.0B1.4B823.8M
Change Receivables45M83M(141M)(101M)(90.9M)(86.4M)
Net Borrowings1.5B255M(426M)1.8B2.1B2.2B
Change To Netincome53M113M(102M)(138M)(124.2M)(130.4M)
Investments(730M)998M(70M)(2.1B)(2.0B)(1.9B)

CSX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CSX's current stock value. Our valuation model uses many indicators to compare CSX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CSX competition to find correlations between indicators driving CSX's intrinsic value. More Info.
CSX Corporation is rated fourth in price to earning category among related companies. It is rated fourth in short ratio category among related companies fabricating about  0.12  of Short Ratio per Price To Earning. The ratio of Price To Earning to Short Ratio for CSX Corporation is roughly  8.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CSX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CSX's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CSX's earnings, one of the primary drivers of an investment's value.

CSX Corporation Systematic Risk

CSX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CSX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on CSX Corporation correlated with the market. If Beta is less than 0 CSX generally moves in the opposite direction as compared to the market. If CSX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CSX Corporation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CSX is generally in the same direction as the market. If Beta > 1 CSX moves generally in the same direction as, but more than the movement of the benchmark.

About CSX Financials

What exactly are CSX Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include CSX's income statement, its balance sheet, and the statement of cash flows. Potential CSX investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although CSX investors may use each financial statement separately, they are all related. The changes in CSX's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CSX's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze CSX Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as CSX is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of CSX has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if CSX's financials are consistent with your investment objective using the following steps:
  • Review CSX's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand CSX's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare CSX's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if CSX's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

CSX Thematic Clasifications

CSX Corporation is part of Transportation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
TransportationView
This theme covers USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in CSX Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CSX's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CSX growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(3.47)

At this time, CSX's Price Earnings To Growth Ratio is fairly stable compared to the past year.

CSX March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CSX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CSX Corporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of CSX Corporation based on widely used predictive technical indicators. In general, we focus on analyzing CSX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CSX's daily price indicators and compare them against related drivers.
When determining whether CSX Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Csx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csx Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running CSX's price analysis, check to measure CSX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.
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Is CSX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CSX. If investors know CSX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CSX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.44
Earnings Share
1.86
Revenue Per Share
7.299
Quarterly Revenue Growth
(0.01)
The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CSX's market value can be influenced by many factors that don't directly affect CSX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.