CSX Corporation (CSX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.11B | 2.55B | 2.51B | 2.31B | 3.02B | 2.82B | 3.58B | 3.18B | 3.47B | 3.36B | 3.36B | 2.91B | 3.35B | 3.85B | 4.31B | 2.78B | 3.76B | 3.87B | 3.9B | 4.57B |
| Cash & Short-Term Investments | 1.11B | 675M | 618M | 393M | 1.15B | 1B | 1.66B | 1.24B | 1.49B | 1.44B | 1.44B | 1.03B | 1.47B | 2.09B | 2.4B | 812M | 2.03B | 2.32B | 2.18B | 2.99B |
| Cash Only | 964M | 670M | 612M | 387M | 1.14B | 933M | 1.64B | 1.24B | 1.48B | 1.35B | 1.36B | 956M | 1.29B | 1.96B | 2.31B | 724M | 1.94B | 2.24B | 2.18B | 2.99B |
| Short-Term Investments | 145M | 5M | 6M | 6M | 8M | 72M | 12M | 4M | 2M | 83M | 79M | 78M | 178M | 129M | 88M | 88M | 96M | 77M | 0 | 4M |
| Accounts Receivable | 1.39B | 1.3B | 1.37B | 1.41B | 1.35B | 1.33B | 1.41B | 1.43B | 1.4B | 1.39B | 1.4B | 1.33B | 1.38B | 1.31B | 1.47B | 1.49B | 1.28B | 1.15B | 1.33B | 1.19B |
| Days Sales Outstanding | 34.7 | 34.99 | 35.64 | 35.1 | 35.15 | 35.6 | 36.14 | 34.79 | 34.52 | 34.9 | 35.11 | 33.26 | 32.66 | 34.28 | 34.91 | 32.99 | 31.97 | 33.21 | 35.18 | 32.7 |
| Inventory | 439M | 390M | 0 | 420M | 438M | 414M | 415M | 417M | 451M | 440M | 427M | 427M | 394M | 341M | 365M | 379M | 351M | 339M | 303M | 289M |
| Days Inventory Outstanding | 20.57 | 14.96 | - | 17.04 | 16.1 | 16.38 | 16.91 | 17.41 | 17.3 | 16.81 | 16.98 | 16.55 | 14.65 | 13.96 | 14.44 | 14.82 | 14.39 | 14.2 | 14.21 | 16.03 |
| Other Current Assets | 176M | 187M | 523M | 83M | 87M | 75M | 93M | 91M | 136M | 90M | 94M | 123M | 115M | 108M | 79M | 104M | 97M | 70M | 89M | 102M |
| Total Non-Current Assets | 41.12B | 41.13B | 40.77B | 40.62B | 40.18B | 39.94B | 39.49B | 39.18B | 39.22B | 38.85B | 38.49B | 38.31B | 38.12B | 38.06B | 37.93B | 37.58B | 36.7B | 36.66B | 36.23B | 35.44B |
| Property, Plant & Equipment | 36.82B | 37.27B | 470M | 36.72B | 36.34B | 36.15B | 35.67B | 35.45B | 35.56B | 35.22B | 35.15B | 34.97B | 34.78B | 34.75B | 34.46B | 34.13B | 33.48B | 33.52B | 33.32B | 32.95B |
| Fixed Asset Turnover | 0.09x | 0.19x | 0.19x | 0.10x | 0.09x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.10x | 0.10x | 0.10x | 0.09x |
| Goodwill | 264M | 80M | 80M | 0 | 0 | 239M | 0 | 0 | 0 | 325M | 0 | 0 | 0 | 319M | 352M | 377M | 0 | 276M | 0 | 0 |
| Intangible Assets | 0 | 187M | 190M | 437M | 430M | 194M | 544M | 535M | 520M | 181M | 509M | 511M | 500M | 183M | 185M | 180M | 453M | 175M | 451M | 0 |
| Long-Term Investments | 2.65B | 2.63B | 2.63B | 2.57B | 2.54B | 2.52B | 2.48B | 2.46B | 2.42B | 2.4B | 2.36B | 2.34B | 2.31B | 2.29B | 2.29B | 2.25B | 2.14B | 2.1B | 2.06B | 2.03B |
| Other Non-Current Assets | 1.39B | 956M | 37.4B | 889M | 868M | 846M | 795M | 738M | 716M | 731M | 466M | 485M | 528M | 522M | 644M | 640M | 619M | 592M | 400M | 461M |
| Total Assets | 44.23B | 43.68B | 43.28B | 42.93B | 43.2B | 42.76B | 43.07B | 42.36B | 42.7B | 42.21B | 41.85B | 41.22B | 41.48B | 41.91B | 42.24B | 40.37B | 40.45B | 40.53B | 40.13B | 40.02B |
| Asset Turnover | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.08x | 0.08x | 0.08x | 0.08x |
| Asset Growth % | 2.39% | 2.15% | 0.49% | 1.34% | 1.18% | 1.31% | 2.91% | 2.78% | 2.93% | 0.72% | -0.93% | 2.11% | 2.54% | 3.41% | 5.27% | 0.88% | 1.91% | 1.85% | 1.74% | 2.86% |
| Total Current Liabilities | 3.22B | 3.13B | 2.97B | 2.98B | 3.42B | 3.28B | 2.57B | 2.74B | 3.02B | 3.22B | 2.93B | 2.06B | 2.32B | 2.47B | 2.51B | 2.39B | 2.58B | 2.23B | 2.27B | 1.95B |
| Accounts Payable | 1.11B | 1.15B | 1.34B | 1.27B | 1.31B | 1.29B | 1.3B | 1.19B | 1.31B | 1.24B | 1.2B | 1.12B | 1.2B | 1.13B | 1.15B | 1.05B | 1.05B | 963M | 972M | 879M |
| Days Payables Outstanding | 56.16 | 47.82 | 51.53 | 51.4 | 49.21 | 51.2 | 50.68 | 50.09 | 49.36 | 47.26 | 46.16 | 46.83 | 46.49 | 45.13 | 42.84 | 42.74 | 41.98 | 42.79 | 44.44 | 47.47 |
| Short-Term Debt | 710M | 708M | 608M | 616M | 605M | 606M | 6M | 557M | 557M | 558M | 559M | 10M | 11M | 151M | 155M | 236M | 317M | 181M | 186M | 122M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 803M | 1.16B | 850M | 485M | 425M | 392M | 413M | 399M | 392M | 387M | 372M | 345M | 379M | 372M | 318M | 310M | 302M | 325M | 299M | 261M |
| Current Ratio | 0.97x | 0.81x | 0.85x | 0.77x | 0.88x | 0.86x | 1.39x | 1.16x | 1.15x | 1.04x | 1.14x | 1.42x | 1.45x | 1.56x | 1.72x | 1.16x | 1.46x | 1.73x | 1.72x | 2.34x |
| Quick Ratio | 0.83x | 0.69x | 0.85x | 0.63x | 0.75x | 0.73x | 1.23x | 1.01x | 1.00x | 0.91x | 1.00x | 1.21x | 1.28x | 1.42x | 1.57x | 1.01x | 1.32x | 1.58x | 1.58x | 2.20x |
| Cash Conversion Cycle | -0.9 | 2.13 | - | 0.74 | 2.04 | 0.79 | 2.37 | 2.11 | 2.46 | 4.45 | 5.93 | 2.98 | 0.82 | 3.12 | 6.51 | 5.07 | 4.39 | 4.61 | 4.96 | 1.27 |
| Total Non-Current Liabilities | 27.43B | 27.39B | 27.55B | 27.57B | 27.6B | 26.98B | 27.56B | 27B | 27.07B | 27B | 26.96B | 26.89B | 26.82B | 26.82B | 26.85B | 24.83B | 24.68B | 24.8B | 24.69B | 24.63B |
| Long-Term Debt | 18.16B | 18.16B | 18.55B | 18.55B | 18.52B | 17.9B | 18.54B | 17.95B | 17.94B | 17.98B | 17.9B | 17.9B | 17.91B | 17.9B | 17.89B | 15.97B | 16.02B | 16.18B | 16.14B | 16.23B |
| Capital Lease Obligations | 469M | 479M | 481M | 484M | 489M | 486M | 494M | 500M | 501M | 491M | 487M | 485M | 478M | 488M | 487M | 473M | 476M | 478M | 525M | 450M |
| Deferred Tax Liabilities | 7.96B | 7.91B | 7.71B | 7.72B | 7.74B | 7.72B | 7.72B | 7.72B | 7.76B | 7.7B | 7.7B | 7.66B | 7.61B | 7.57B | 7.63B | 7.59B | 7.43B | 7.38B | 7.3B | 7.25B |
| Other Non-Current Liabilities | 838M | 831M | 811M | 817M | 854M | 873M | 814M | 836M | 865M | 839M | 872M | 843M | 829M | 863M | 837M | 793M | 759M | 752M | 727M | 703M |
| Total Liabilities | 30.65B | 30.52B | 30.52B | 30.55B | 31.02B | 30.26B | 30.13B | 29.74B | 30.09B | 30.23B | 29.9B | 28.94B | 29.14B | 29.29B | 29.36B | 27.23B | 27.26B | 27.03B | 26.96B | 26.58B |
| Total Debt | 19.34B | 19.35B | 19.64B | 19.65B | 19.61B | 18.99B | 19.04B | 19.01B | 19B | 19.02B | 18.95B | 18.39B | 18.4B | 18.54B | 18.54B | 16.68B | 16.81B | 16.84B | 16.88B | 16.8B |
| Net Debt | 18.37B | 18.68B | 19.03B | 19.26B | 18.48B | 18.06B | 17.39B | 17.77B | 17.52B | 17.67B | 17.59B | 17.44B | 17.11B | 16.58B | 16.23B | 15.96B | 14.88B | 14.61B | 14.7B | 13.81B |
| Debt / Equity | 1.42x | 1.47x | 1.54x | 1.59x | 1.61x | 1.52x | 1.47x | 1.51x | 1.51x | 1.59x | 1.59x | 1.50x | 1.49x | 1.47x | 1.44x | 1.27x | 1.27x | 1.25x | 1.28x | 1.25x |
| Debt / EBITDA | 11.59x | 12.78x | 13.00x | 11.49x | 13.38x | 11.63x | 10.74x | 10.32x | 10.88x | 11.11x | 11.40x | 9.96x | 9.99x | 10.31x | 9.74x | 8.59x | 10.41x | 9.87x | 9.68x | 10.05x |
| Net Debt / EBITDA | 11.01x | 12.34x | 12.59x | 11.26x | 12.60x | 11.06x | 9.81x | 9.65x | 10.03x | 10.32x | 10.58x | 9.45x | 9.29x | 9.22x | 8.53x | 8.21x | 9.21x | 8.56x | 8.43x | 8.26x |
| Interest Coverage | 5.88x | 5.32x | 5.28x | 6.16x | 5.11x | 5.52x | 6.75x | 7.06x | 6.56x | 6.61x | 6.43x | 7.45x | 7.49x | 7.55x | 8.37x | 10.11x | 7.31x | 7.69x | 8.23x | 9.45x |
| Total Equity | 13.58B | 13.16B | 12.76B | 12.38B | 12.18B | 12.51B | 12.94B | 12.62B | 12.6B | 11.98B | 11.95B | 12.28B | 12.34B | 12.63B | 12.89B | 13.15B | 13.21B | 13.51B | 13.18B | 13.44B |
| Equity Growth % | 11.55% | 5.22% | -1.34% | -1.93% | -3.39% | 4.36% | 8.21% | 2.79% | 2.11% | -5.14% | -7.28% | -6.64% | -6.54% | -6.48% | -2.19% | -2.16% | 0.28% | 3.05% | 3.45% | 10.4% |
| Book Value per Share | 7.29 | 7.06 | 6.84 | 6.62 | 6.43 | 6.51 | 6.67 | 6.48 | 6.42 | 6.09 | 5.98 | 6.06 | 6.00 | 6.08 | 6.06 | 6.08 | 6.02 | 6.09 | 5.88 | 5.91 |
| Total Shareholders' Equity | 13.57B | 13.16B | 12.76B | 12.38B | 12.17B | 12.5B | 12.93B | 12.62B | 12.6B | 11.98B | 11.95B | 12.27B | 12.33B | 12.63B | 12.88B | 13.14B | 13.2B | 13.5B | 13.17B | 13.43B |
| Common Stock | 1.86B | 1.86B | 1.86B | 1.86B | 1.88B | 1.9B | 1.93B | 1.94B | 1.96B | 1.96B | 1.98B | 2.01B | 2.03B | 2.07B | 2.1B | 2.14B | 2.17B | 2.2B | 2.22B | 2.25B |
| Retained Earnings | 10.89B | 10.56B | 10.19B | 9.85B | 9.65B | 9.99B | 10.46B | 10.19B | 10.21B | 9.61B | 9.69B | 10.03B | 10.09B | 10.36B | 10.54B | 10.79B | 11.28B | 11.63B | 11.46B | 11.72B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -212M | -213M | -220M | -224M | -227M | -232M | -269M | -270M | -306M | -279M | -372M | -390M | -386M | -388M | -320M | -338M | -377M | -408M | -534M | -551M |
| Minority Interest | 6M | 5M | 5M | 5M | 5M | 5M | 5M | 4M | 5M | 5M | 4M | 4M | 8M | 10M | 9M | 10M | 11M | 10M | 9M | 8M |