CSX (CSX) AI Stock Analysis

• Market Cap: $67.28B
• Dividend Yield: 1.42%
• Average Volume (3M): 16.35M
• Price to Earnings (P/E): 23.5
• Beta (1Y): 0.79
• Revenue Growth: -3.80%
• EPS Growth: -17.32%
• Country: US
• Employees: 23,400
• Sector: Industrials
• Sector Strength: 72
• Industry: Railroads
• EPS (TTM): 0.44
• Shares Outstanding: 1,862,137,000
• 10 Day Avg. Volume: 14,664,961
• 30 Day Avg. Volume: 16,353,964
• PEG Ratio: -5.55
• Price to Book (P/B): 5.00
• Price to Sales (P/S): 4.30
• P/FCF Ratio: 22.99
• Enterprise Value/Market Cap: 1.27
• Enterprise Value/Revenue: 5.69
• Enterprise Value/Gross Profit: 15.53
• Enterprise Value/Ebitda: 13.54
• 1Y Price Target: $39.12
• Price Target Upside: 8.67% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 17

• Rating: 77 Outperform
• Price Target: $41.00 ▲(13.89% Upside)

CSX's strong cash flow and operational improvements are significant strengths, contributing to a solid financial performance score. Technical indicators suggest positive momentum, while valuation metrics indicate fair pricing. Despite challenges in coal revenue and mixed market conditions, the company's strategic initiatives and infrastructure projects position it well for future growth.

Positive Factors

Operational Improvements

Improved train velocity and compliance metrics indicate enhanced operational efficiency, which can lead to better service quality and cost savings, supporting long-term growth.

Infrastructure Projects

Completing major infrastructure projects ahead of schedule enhances capacity and network resiliency, positioning CSX for sustained operational strength and competitive advantage.

Cash Flow Generation

Strong cash flow generation provides financial flexibility for investments and debt management, supporting long-term strategic initiatives and shareholder value.

Negative Factors

Leadership Instability

Leadership changes can disrupt strategic direction and operational continuity, potentially affecting long-term business stability and stakeholder confidence.

Coal Revenue Decline

Declining coal revenue impacts a significant revenue stream, posing challenges for diversification and growth in other segments to offset this decline.

High Leverage

High leverage increases financial risk, potentially limiting flexibility in capital allocation and increasing vulnerability to economic downturns.

CSX Business Overview & Revenue Model

Company Description

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. 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 transports chemicals, agricultural and food products, automotive, minerals, 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. The company also offers intermodal transportation 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 19,500 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

How the Company Makes Money

CSX generates revenue primarily through freight transportation services, charging customers for moving goods across its rail network. The company has several key revenue streams, including coal, intermodal, and merchandise freight. Coal transportation remains a significant part of CSX's business, while intermodal services, which involve transporting shipping containers and trailers on the railway, have seen growth due to increased demand for efficient logistics solutions. Additionally, CSX benefits from long-term contracts and partnerships with major industries, which provide a steady revenue flow. The company also invests in technology and infrastructure improvements to enhance operational efficiency and reduce costs, contributing to overall profitability.

CSX Financial Statement Overview

Summary

CSX demonstrates strong profitability with stable margins and efficient operations. The balance sheet shows moderate leverage and a solid equity position, though there's a slight decline in return on equity. Cash flow remains stable despite a decline in free cash flow growth.

Income Statement

CSX has maintained stable profitability with a Gross Profit Margin of 34.54% and a Net Profit Margin of 21.91% over the TTM (Trailing-Twelve-Months). Despite a slight revenue decline of 3% annually, the company shows efficient cost management reflected in an EBIT Margin of 33.79% and an EBITDA Margin of 39.86%.

Balance Sheet

The balance sheet reflects moderate leverage with a Debt-to-Equity Ratio of 0.09 in the TTM, significantly improved from previous years. The Equity Ratio stands at 28.83%, showing a solid equity position. However, the Return on Equity has slightly decreased to 25.06%, indicating potential risks in equity returns.

Cash Flow

CSX's cash flow shows a Free Cash Flow Growth Rate decline of 26.19% in the TTM, although the Operating Cash Flow to Net Income Ratio remains strong at 1.60. The Free Cash Flow to Net Income Ratio is 0.65, indicating a solid ability to generate cash relative to net income despite the recent decline.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.00B	14.54B	14.66B	14.85B	12.52B	10.58B
Gross Profit	5.50B	5.51B	5.60B	5.93B	5.29B	4.44B
EBITDA	6.30B	7.07B	7.27B	7.66B	7.09B	5.76B
Net Income	2.88B	3.47B	3.67B	4.17B	3.78B	2.77B
Balance Sheet
Total Assets	43.28B	42.76B	42.21B	41.91B	40.53B	39.79B
Cash, Cash Equivalents and Short-Term Investments	618.00M	1.00B	1.44B	2.09B	2.32B	3.13B
Total Debt	19.64B	18.99B	19.02B	18.54B	16.84B	17.16B
Total Liabilities	30.52B	30.26B	30.23B	29.29B	27.03B	26.68B
Stockholders Equity	12.76B	12.50B	11.98B	12.63B	13.50B	13.11B
Cash Flow
Free Cash Flow	3.78B	2.72B	3.27B	3.49B	3.31B	2.64B
Operating Cash Flow	4.62B	5.25B	5.55B	5.62B	5.10B	4.26B
Investing Cash Flow	-3.03B	-2.60B	-2.29B	-2.13B	-1.88B	-649.00M
Financing Cash Flow	-2.62B	-3.06B	-3.87B	-3.77B	-4.11B	-1.44B

CSX Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 36.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CSX, the sentiment is Neutral. The current price of 36 is above the 20-day moving average (MA) of 35.93, above the 50-day MA of 34.39, and above the 200-day MA of 32.23, indicating a neutral trend. The MACD of 0.41 indicates Positive momentum. The RSI at 52.48 is Neutral, neither overbought nor oversold. The STOCH value of 32.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CSX.

CSX Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CSX	―	$67.28B	23.49	22.60%	1.42%	-3.80%	-17.32%
UPS	―	$73.93B	12.97	34.96%	7.34%	0.94%	9.62%
ODFL	―	$28.61B	26.59	26.25%	0.81%	-5.54%	-12.26%
CNR	―	$83.29B	18.39	21.83%	2.64%	0.63%	-14.20%
UNP	―	$128.48B	18.39	41.62%	2.47%	1.06%	8.21%
NSC	―	$62.94B	21.40	20.46%	1.87%	0.48%	22.88%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

CSX Corporate Events

CSX Completes $300 Million Notes Offering

On October 23, 2025, CSX Corporation successfully completed a public offering of $300 million in 5.050% Notes due 2035, expanding upon a previous issuance from March 2025. This strategic financial move is expected to enhance CSX’s capital structure and potentially strengthen its position in the market, providing additional resources for future growth and operational stability.

The most recent analyst rating on (CSX) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on CSX stock, see the CSX Stock Forecast page.

CSX Earnings Call: Operational Gains Amid Challenges

CSX Corporation’s latest earnings call revealed a mixed sentiment, showcasing strong operational improvements and the completion of major infrastructure projects ahead of schedule, which have contributed to increased efficiency and capacity. However, the company faced challenges with declining coal revenue, mixed business conditions across various segments, and significant restructuring and network disruption costs. Despite these hurdles, the operational gains and project completions position CSX well for future growth.

CSX Corporation Reports Mixed Q3 2025 Results

CSX Corporation, headquartered in Jacksonville, Florida, is a leading transportation company providing rail, intermodal, and rail-to-truck transload services across a variety of markets including energy, industrial, construction, agricultural, and consumer products sectors. With a network connecting major metropolitan areas in the eastern United States, CSX plays a vital role in the nation’s economic and industrial development.

CSX Appoints Stephen Angel as New CEO

On September 28, 2025, CSX Corporation appointed Stephen Angel as the new President and CEO, succeeding Joseph R. Hinrichs. Angel, a seasoned executive with over 45 years of experience, is expected to drive CSX’s strategic priorities and enhance shareholder value. The company remains optimistic about its operational performance and anticipates full-year volume growth. Angel’s leadership is anticipated to build on the strong foundation laid by Hinrichs, focusing on safety, service reliability, and shareholder value.

The most recent analyst rating on (CSX) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on CSX stock, see the CSX Stock Forecast page.