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Companies / Industrials / CSX Corporation
CSX

CSX Corporation

IndustrialsTransportation & UtilitiesS&P 500
Ticker CSXJACKSONVILLE, FLFiscal year ends DecemberBook value per share $7.74Diluted shares 1.9B

CSX Corporation (Nasdaq: CSX) provides rail-based freight transportation, including traditional rail service, intermodal container and trailer transport, rail-to-truck transfers and bulk commodity operations. Its customers include manufacturers, industrial producers, automotive companies, construction firms, farmers,… From the company’s description.

In fiscal 2025, CSX Corporation reported revenue of $14.09B, down 3.1% from fiscal 2024, and net income of $2.89B. Its operating margin was 32.1%, and operations generated $4.61B in cash. Over the twelve months to Sep 30, 2026, revenue was $14.94B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$14.09BFY2025
−3.1% year over year
Last 12 mo $14.94B
32.08%FY2025
−4 percentage points
Last 12 mo 36.40%
$2.89BFY2025
−16.7% year over year
Last 12 mo $3.58B
22.92%FY2025
−5.5 percentage points
Last 12 mo 24.91%
Cash & financing
$4.61BFY2025
−12.1% year over year
Last 12 mo $5.60B
$1.71BFY2025
−37.0% year over year
Last 12 mo $3.21B
1.43FY2025
Was 1.48× a year earlier
Last 12 mo 1.31
1.9BFY2025
−3.6% year over year
Last 12 mo 1.9B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What CSX Corporation does

In the company’s own words

CSX Corporation (Nasdaq: CSX) provides rail-based freight transportation, including traditional rail service, intermodal container and trailer transport, rail-to-truck transfers and bulk commodity operations. Its customers include manufacturers, industrial producers, automotive companies, construction firms, farmers, wholesalers, retailers and energy producers. The principal operating subsidiary, CSX Transportation, operates an approximately 20,000-route-mile network serving 26 states east of the Mississippi River, the District of Columbia, Ontario and Quebec, with connections to ports and other railroads. In 2025, the company generated $14.1 billion in revenue across merchandise, intermodal, coal and trucking: merchandise contributed 62%, intermodal 15%, coal 13% and trucking 6%. Merchandise includes chemicals, agricultural and food products, automotive, minerals, forest products, metals, equipment and fertilizers; trucking revenue includes Quality Carriers, a bulk-liquid-chemicals carrier. Other subsidiaries operate intermodal terminals, automotive distribution centers and rail-to-truck transfer facilities. CSX had approximately 23,000 employees as of December 2025. Its website is www.csx.com.

Company details
Sector
Industrials
Industry (SIC)
Transportation & Utilities
Headquarters
JACKSONVILLE, FL
Fiscal year end
December
CIK
277948
SIC
4011

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.49B$2.99B$7.47B$11.95B$16.44B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns CSX Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

904
funds hold it
1 of 35
superinvestors hold it
$27.65B
held by funds, at market
32.1%
of shares held by funds
28
bond issues held by funds

Superinvestors in CSX Corporation · what they did last quarter

Tom GaynerINCREASED +10.3%
Markel Group (Markel-Gayner)
0.2%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · CSX Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.12%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.14%of fund net assets
0.38%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.14%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.13%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

CSX Corporation’s bonds, as funds hold them

Funds report holding 28 issues of CSX Corporation’s debt, $1.72B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.29%, maturing 2026 to 2068.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do CSX Corporation and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of CSX Corporation's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in CSX Corporation's last four quarterly filings that the numbers alone won't show?”
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