Loading…
CSX Corporation
S&P 500 Nasdaq 100
🏹 Trader: 🚀 Stage 2 + Near High 📈 Stage 2 🎯 Near 52W High | BRS 80 Ready View all →
📈 Stage 2 detected Find the fundamental catalyst → → run Growth Triggers in Ask AI
$96.5B
Market Cap
23.5
P/E
2.38
PEG
11.1%
ROCE
22.5%
ROE
1.42
D/E
32.1%
OPM
-3.4%
% from 52W High
80
α RS
🔍 CSX is showing a high-conviction setup because it matches 12 of 37 tracked screener presets, RS Rating is 80, and it's within 3.4% of its 52-week high. Net: Broad signal stack, not a recommendation. ? Conviction RS Rating 52W High
Sources
Conviction 12/37 · RS Rating 80 · 3.4% from 52W high
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for CSX including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services in the United States and Canada.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding CSX
View All Superinvestors →
Manager Shares Value % of Fund Period
Andreas Halvorsen Viking Global Investors 18.68M $766.7M 2.14% Mar 2026
Steve Cohen Point72 Asset Management 2.95M $121.2M 0.16% Mar 2026
Jim Simons Renaissance Technologies LLC 503.6K $20.7M 0.03% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 5 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$3.94B
+10% YoY
Operating Income
$1.51B
+17% YoY
Operating Margin
38.3%
+240 bps YoY
Net Income
$1.00B
+21% YoY
What Went Right
  • Revenue hit a quarterly record of $3.94B, up 10% YoY, with volume up 6% and pricing gains across merchandise, intermodal, and coal.
  • Operating margin expanded 240 bps to 38.3% despite 160 bps of fuel headwinds, helped by non-fuel expenses declining 2%.
  • Safety improved sharply: FRA injury rate fell 19% and train accident rate fell 30% YoY even as total people hours dropped 7%.
What to Watch
  • Service metrics slipped — dwell rose and trip plan performance missed targets as seasonal crew shortages collided with stronger-than-expected volume growth.
  • Fuel remains a swing factor; Q2 absorbed $177M of higher fuel costs and management noted volatile diesel prices ahead.
  • H2 merchandise momentum may moderate, with plastics pull-forward and softer automotive inventories/shutdowns flagged as potential risks.
Management Guidance
  • Full-year 2026 revenue growth raised to mid-to-high single digits.
  • Full-year operating margin expansion now expected greater than 350 basis points.
  • Full-year free cash flow growth expected greater than 80%; capital spending unchanged at below $2.4 billion.
Investor Lens
The investment thesis is stronger after this call. CSX delivered record revenue and beat its prior outlook, guiding to higher revenue growth, >350 bps of margin expansion, and >80% free cash flow growth. The main caveat is service execution — dwell and trip plan performance deteriorated in Q2 as crew availability lagged demand, but management expects sequential improvement with modest hiring. Pricing commentary was upbeat, particularly on domestic intermodal and tighter truck markets, supporting a constructive view into 2027.
From investor presentation · AI-generated analysis · Not investment advice
🔒
Premium Feature
Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance
Upgrade to Premium
Already a member? Log in
📈 STRONG CSX record revenue up 10%; margin up 240bps despite fuel drag.
Revenue
Total revenue rose 10% YoY to a record $3.94B, driven by 6% volume growth, higher fuel surcharges, and pricing gains. Merchandise revenue was up 8% on 4% volume growth, intermodal revenue rose 26% on 9% volume growth, and coal revenue grew 9% on 4% higher volume.
Profitability
Operating income increased 17% to $1.51B, net earnings rose 21% to $1.00B, and diluted EPS grew 23% to $0.54. Management highlighted double-digit growth in EPS despite material fuel cost headwinds.
Margins
Operating margin expanded 240 bps to 38.3%, overcoming 160 bps of fuel price drag. Non-fuel expenses fell 2% YoY, with PS&O costs lower across operating departments and G&A, while labor costs rose $40M due to incentive comp and inflation, offset by 6% lower headcount.
Balance Sheet
No balance-sheet metrics such as debt or cash were provided on the call. CSX reiterated 2026 capex guidance below $2.4B and raised free cash flow growth guidance to greater than 80%.
Key Risks
Management flagged service metrics as an area needing improvement, with terminal dwell up and trip plan performance below target due to crew tightness. Fuel price volatility was cited as a near-term margin risk, and the team is watching potential moderation in plastics and automotive volumes during the second half.
Outlook
CSX raised full-year guidance to mid-to-high single-digit revenue growth, operating margin expansion of greater than 350 bps, and free cash flow growth above 80%. Management expects sequential improvement in service and fluidity as modest hiring and crew availability improve through Q3.
Generated by AI · Q2 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-22
Record revenue and double-digit profit growth were driven by strong demand, operational efficiency, and disciplined cost control. Margin expansion and improved safety metrics supported an upgraded outlook for 2026, with continued focus on profitable growth and productivity.
Q1 2026 Q1 2026 2026-04-22
Q1 saw revenue and volume growth, major cost reductions, and margin expansion, with strong safety and operational improvements. Guidance was raised for revenue and margin, driven by higher energy prices, while capital discipline and productivity initiatives remain key.
Q4 2025 Q4 2025 2026-01-22
Q4 saw modest volume growth but lower revenue and earnings, with cost actions and productivity gains underway. 2026 guidance targets low single-digit revenue growth, 200-300 bps margin expansion, and CapEx below $2.4B, amid a soft macro environment and ongoing cost initiatives.
Q3 2025 Q3 2025 2025-10-16
Q3 2025 saw strong operational gains, improved safety, and completion of major projects, despite a 1% revenue decline and a $164M goodwill impairment. Intermodal and select merchandise segments grew, while coal and chemicals faced headwinds. Cash flow and shareholder returns remained robust.
Q2 2025 Q2 2025 2025-07-23
Q2 saw a strong operational recovery, sequential margin expansion, and improved customer service, despite year-over-year revenue and EPS declines due to lower coal and fuel prices. Major network projects remain on track, supporting a positive outlook for H2 and 2026.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.