CSX Corporation income statement
In fiscal 2025, CSX Corporation reported revenue of $14.09bn, down 3.1% on the year before, operating income of $4.52bn (a 32.1% margin) and net income of $2.89bn, or $1.54 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.0 | 10.6 | 11.8 | 11.8 | 12.0 | 12.7 | 11.8 | 11.1 | 11.4 | 12.3 | 11.9 | 10.6 | 12.5 | 14.9 | 14.7 | 14.5 | 14.1 | 14.9 |
| Operating income | 2.3 | 3.1 | 3.5 | 3.5 | 3.5 | 3.6 | 3.6 | 3.4 | 3.7 | 4.9 | 5.0 | 4.4 | 5.6 | 6.0 | 5.5 | 5.2 | 4.5 | 5.4 |
| Interest expense | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.5 | — | — | — | — | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 |
| Net interest income | — | — | — | — | — | — | — | −0.6 | −0.5 | −0.6 | −0.7 | −0.8 | −0.7 | −0.7 | −0.8 | — | — | — |
| Income before tax | 1.7 | 2.5 | 2.9 | 3.0 | 2.9 | 3.0 | 3.1 | 2.7 | 3.1 | 4.3 | 4.3 | 3.6 | 5.0 | 5.3 | 4.8 | 4.6 | 3.8 | 4.7 |
| Income tax | 0.6 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 1.0 | −2.3 | 1.0 | 1.0 | 0.9 | 1.2 | 1.2 | 1.2 | 1.1 | 0.9 | 1.1 |
| Net income | 1.1 | 1.6 | 1.9 | 1.9 | 1.9 | 1.9 | 2.0 | 1.7 | 5.5 | 3.3 | 3.3 | 2.8 | 3.8 | 4.1 | 3.7 | 3.5 | 2.9 | 3.6 |
| Diluted EPS | $0.32 | $0.45 | $0.57 | $0.60 | $0.61 | $0.64 | $0.67 | $0.60 | $2.00 | $1.28 | $1.39 | $1.20 | $1.68 | $1.92 | $1.82 | $1.79 | $1.54 | $1.93 |
| Diluted shares (average) | 3,561m | 3,462m | 3,267m | 3,120m | 3,057m | 3,006m | 2,952m | 2,844m | 2,742m | 2,583m | 2,395m | 2,305m | 2,255m | 2,141m | 2,013m | 1,943m | 1,873m | 1,860m |
| EBITDA | 3.2 | 4.0 | 4.4 | 4.5 | 4.6 | 4.8 | 4.8 | 4.7 | 5.0 | 6.2 | 6.3 | 5.7 | 7.0 | 7.5 | 7.1 | 6.9 | 6.2 | 7.1 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,539 | 3,423 | 3,574 | 3,587 | 3,508 | 3,482 | 3,935 | 4,017 |
| Operating income | 1,106 | 1,041 | 1,283 | 1,087 | 1,110 | 1,253 | 1,506 | 1,570 |
| Interest expense | 207 | 209 | 212 | 210 | 213 | 213 | 211 | 207 |
| Income before tax | 936 | 858 | 1,093 | 898 | 920 | 1,063 | 1,320 | 1,384 |
| Income tax | 203 | 212 | 264 | 204 | 200 | 256 | 318 | 332 |
| Net income | 733 | 646 | 829 | 694 | 720 | 807 | 1,002 | 1,052 |
| Diluted EPS | $0.39 | $0.34 | $0.44 | $0.37 | $0.38 | $0.43 | $0.54 | $0.57 |
| EBITDA | 1,528 | 1,466 | 1,710 | 1,511 | 1,514 | 1,668 | 1,917 | 1,983 |
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