CSX Corporation (CSX) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 3.48B | 3.51B | 3.59B | 3.57B | 3.42B | 3.54B | 3.62B | 3.7B | 3.68B | 3.68B | 3.57B | 3.7B | 3.71B | 3.73B | 3.9B | 3.81B | 3.41B | 3.43B | 3.29B | 2.99B |
| Revenue Growth % | 1.72% | -0.88% | -0.88% | -3.43% | -7.01% | -3.83% | 1.32% | 0.05% | -0.67% | -1.34% | -8.29% | -3.04% | 8.58% | 8.84% | 18.32% | 27.59% | 21.33% | 21.31% | 24.32% | 32.59% |
| Cost of Goods Sold | 1.81B | 2.4B | 2.34B | 2.29B | 2.38B | 2.33B | 2.26B | 2.27B | 2.34B | 2.37B | 2.31B | 2.26B | 2.26B | 2.33B | 2.37B | 2.24B | 2.16B | 2.08B | 1.92B | 1.67B |
| COGS % of Revenue | 52.1% | 68.36% | 65.12% | 64.1% | 69.59% | 65.78% | 62.53% | 61.31% | 63.68% | 64.48% | 64.75% | 61.02% | 60.93% | 62.36% | 60.85% | 58.74% | 63.23% | 60.69% | 58.2% | 55.72% |
| Gross Profit | 1.67B | 1.11B | 1.25B | 1.28B | 1.04B | 1.21B | 1.36B | 1.43B | 1.34B | 1.31B | 1.26B | 1.44B | 1.45B | 1.4B | 1.52B | 1.57B | 1.25B | 1.35B | 1.38B | 1.32B |
| Gross Margin % | 47.9% | 31.64% | 34.88% | 35.9% | 30.41% | 34.22% | 37.47% | 38.69% | 36.32% | 35.52% | 35.25% | 38.98% | 39.07% | 37.64% | 39.15% | 41.26% | 36.77% | 39.31% | 41.8% | 44.28% |
| Gross Profit Growth % | 60.23% | -8.34% | -7.74% | -10.41% | -22.14% | -7.35% | 7.7% | -0.69% | -7.67% | -6.91% | -17.44% | -8.39% | 15.38% | 4.23% | 10.83% | 18.88% | 14.3% | 13.1% | 20.91% | 58.56% |
| Operating Expenses | 415M | 0 | 164M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OpEx % of Revenue | 11.92% | - | 4.57% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.25B | 1.11B | 1.09B | 1.28B | 1.04B | 1.21B | 1.36B | 1.43B | 1.34B | 1.31B | 1.26B | 1.44B | 1.45B | 1.4B | 1.52B | 1.57B | 1.25B | 1.35B | 1.38B | 1.32B |
| Operating Margin % | 35.99% | 31.64% | 30.3% | 35.9% | 30.41% | 34.22% | 37.47% | 38.69% | 36.32% | 35.52% | 35.25% | 38.98% | 39.07% | 37.64% | 39.15% | 41.26% | 36.77% | 39.31% | 41.8% | 44.28% |
| Operating Income Growth % | 20.36% | -8.34% | -19.84% | -10.41% | -22.14% | -7.35% | 7.7% | -0.69% | -7.67% | -6.91% | -17.44% | -8.39% | 15.38% | 4.23% | 10.83% | 18.88% | 14.3% | 13.1% | 20.91% | 58.56% |
| EBITDA | 1.67B | 1.51B | 1.51B | 1.71B | 1.47B | 1.63B | 1.77B | 1.84B | 1.75B | 1.71B | 1.66B | 1.85B | 1.84B | 1.8B | 1.9B | 1.94B | 1.61B | 1.71B | 1.74B | 1.67B |
| EBITDA Margin % | 47.9% | 43.16% | 42.12% | 47.85% | 42.83% | 46.14% | 48.96% | 49.77% | 47.46% | 46.52% | 46.53% | 49.91% | 49.68% | 48.18% | 48.86% | 50.93% | 47.32% | 49.81% | 52.95% | 55.92% |
| EBITDA Growth % | 13.78% | -7.29% | -14.73% | -7.17% | -16.08% | -4.61% | 6.62% | -0.22% | -5.11% | -4.73% | -12.66% | -4.99% | 13.99% | 5.27% | 9.18% | 16.21% | 11.92% | 10.99% | 17.29% | 41.82% |
| D&A (Non-Cash Add-back) | 415M | 404M | 424M | 427M | 425M | 422M | 416M | 410M | 410M | 405M | 403M | 404M | 393M | 393M | 378M | 369M | 360M | 360M | 367M | 348M |
| EBIT | 1.25B | 1.13B | 1.11B | 1.3B | 1.07B | 1.14B | 1.39B | 1.48B | 1.38B | 1.35B | 1.3B | 1.5B | 1.5B | 1.5B | 1.62B | 1.73B | 1.31B | 1.39B | 1.46B | 1.71B |
| Net Interest Income | -213M | -213M | -210M | -212M | -209M | -207M | -206M | -209M | -210M | -204M | -203M | -201M | -201M | -199M | -193M | -171M | -179M | -180M | -177M | -181M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 213M | 213M | 210M | 212M | 209M | 207M | 206M | 209M | 210M | 204M | 203M | 201M | 201M | 199M | 193M | 171M | 179M | 180M | 177M | 181M |
| Other Income/Expense | -190M | -190M | -189M | -190M | -183M | -275M | -172M | -165M | -169M | -163M | -157M | -146M | -144M | -100M | -102M | -16M | -126M | -142M | -97M | 206M |
| Pretax Income | 1.06B | 920M | 898M | 1.09B | 858M | 936M | 1.18B | 1.27B | 1.17B | 1.14B | 1.1B | 1.3B | 1.3B | 1.3B | 1.42B | 1.56B | 1.13B | 1.21B | 1.28B | 1.53B |
| Pretax Margin % | 30.53% | 26.23% | 25.03% | 30.58% | 25.07% | 26.45% | 32.72% | 34.23% | 31.73% | 31.09% | 30.85% | 35.04% | 35.19% | 34.96% | 36.53% | 40.84% | 33.08% | 35.16% | 38.85% | 51.17% |
| Income Tax | 256M | 200M | 204M | 264M | 212M | 203M | 290M | 304M | 288M | 262M | 274M | 312M | 317M | 286M | 312M | 380M | 270M | 271M | 311M | 357M |
| Effective Tax Rate % | 24.08% | 21.74% | 22.72% | 24.15% | 24.71% | 21.69% | 24.49% | 23.99% | 24.66% | 22.9% | 24.86% | 24.07% | 24.31% | 21.93% | 21.93% | 24.39% | 23.91% | 22.49% | 24.32% | 23.33% |
| Net Income | 807M | 720M | 694M | 829M | 646M | 733M | 894M | 963M | 880M | 882M | 828M | 984M | 987M | 1.02B | 1.11B | 1.18B | 859M | 934M | 968M | 1.17B |
| Net Margin % | 23.18% | 20.52% | 19.35% | 23.2% | 18.87% | 20.71% | 24.7% | 26.02% | 23.91% | 23.97% | 23.18% | 26.6% | 26.63% | 27.29% | 28.52% | 30.88% | 25.17% | 27.25% | 29.4% | 39.23% |
| Net Income Growth % | 24.92% | -1.77% | -22.37% | -13.91% | -26.59% | -16.89% | 7.97% | -2.13% | -10.84% | -13.36% | -25.47% | -16.47% | 14.9% | 8.99% | 14.77% | 0.43% | 21.67% | 22.89% | 31.52% | 135.07% |
| Net Income (Continuing) | 807M | 720M | 694M | 829M | 646M | 733M | 894M | 963M | 880M | 882M | 828M | 984M | 987M | 1.02B | 1.11B | 1.18B | 859M | 934M | 968M | 1.17B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 6M | 5M | 5M | 5M | 5M | 5M | 5M | 4M | 5M | 5M | 4M | 4M | 8M | 10M | 9M | 10M | 11M | 10M | 9M | 8M |
| EPS (Diluted) | 0.43 | 0.39 | 0.37 | 0.44 | 0.34 | 0.38 | 0.46 | 0.49 | 0.45 | 0.45 | 0.42 | 0.49 | 0.48 | 0.49 | 0.52 | 0.54 | 0.39 | 0.42 | 0.43 | 0.52 |
| EPS Growth % | 26.47% | 2.63% | -19.57% | -10.2% | -24.44% | -15.56% | 9.52% | 0% | -6.25% | -8.16% | -19.23% | -9.26% | 23.08% | 16.67% | 20.93% | 3.85% | 25.81% | 27.27% | 34.38% | 136.36% |
| EPS (Basic) | 0.43 | 0.39 | 0.37 | 0.44 | 0.34 | 0.39 | 0.46 | 0.50 | 0.45 | 0.45 | 0.42 | 0.49 | 0.48 | 0.49 | 0.52 | 0.55 | 0.39 | 0.42 | 0.43 | 0.52 |
| Diluted Shares Outstanding | 1.86B | 1.86B | 1.87B | 1.87B | 1.89B | 1.92B | 1.94B | 1.95B | 1.96B | 1.97B | 2B | 2.02B | 2.06B | 2.08B | 2.13B | 2.16B | 2.19B | 2.22B | 2.24B | 2.27B |
| Basic Shares Outstanding | 1.86B | 1.86B | 1.86B | 1.87B | 1.89B | 1.9B | 1.94B | 1.94B | 1.96B | 1.96B | 1.99B | 2.02B | 2.05B | 2.08B | 2.12B | 2.16B | 2.19B | 2.2B | 2.24B | 2.27B |
| Dividend Payout Ratio | 32.22% | 33.61% | 34.87% | 29.31% | 37.93% | 31.38% | 25.95% | 24.2% | 26.7% | 24.49% | 26.33% | 22.56% | 22.9% | 20.33% | 19.08% | 18.25% | 25.38% | 22.06% | 21.49% | 18.07% |