CSX Corp Stock Research

Market Summary

USD29.33+0.35

Market Closed

1.21%

CSX Stock Price

CSX RSI Chart

CSX Valuation

Market Cap

60.6B

Price/Earnings (Trailing)

14.55

Price/Sales (Trailing)

4.07

EV/EBITDA

12.4

Price/Free Cashflow

17.38

CSX Price/Sales (Trailing)

CSX Profitability

EBT Margin

36.34%

Return on Equity

33%

Return on Assets

9.94%

Free Cashflow Yield

5.75%

CSX Fundamentals

CSX Revenue

Revenue (TTM)

14.9B

Revenue Y/Y

10.21%

Revenue Q/Q

-3.03%

CSX Earnings

Earnings (TTM)

4.2B

Earnings Y/Y

8.99%

Earnings Q/Q

-8.37%

Price Action

52 Week Range

25.8038.05

(Low)(High)

Last 7 days

-4.3%

Last 30 days

-8.4%

Last 90 days

-8.8%

Trailing 12 Months

-15.4%

CSX Financial Health

Current Ratio

1.56

Debt/Equity

1.42

Debt/Cashflow

0.31

CSX Investor Care

Dividend Yield

1.36%

Dividend/Share (TTM)

0.4

Buy Backs (1Y)

5.14%

Diluted EPS (TTM)

1.95

Peers (Alternatives to CSX)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
UNP	118.1B	24.9B	-6.80%	-26.18%	16.88	4.75	14.08%	7.28%
CP	74.1B	8.8B	-3.42%	0.19%	21.08	8.41	10.24%	23.32%
CSX	60.6B	14.9B	-8.38%	-15.39%	14.55	4.07	18.99%	10.18%
NSC	47.3B	12.7B	-14.40%	-22.29%	14.47	3.71	14.39%	8.82%
KSU	27.2B	3.4B	-	-	23.98	8.72	14.36%	87.01%
MID-CAP
KNX	8.8B	7.4B	-10.60%	1.19%	11.45	1.19	23.85%	3.76%
SAIA	7.4B	2.8B	-1.04%	5.16%	20.61	2.64	21.99%	41.14%
LSTR	5.6B	7.4B	-5.76%	13.34%	12.32	0.72	13.75%	12.95%
SNDR	4.8B	6.6B	-9.70%	2.77%	10.46	0.73	17.75%	12.93%
WERN	2.8B	3.3B	-5.63%	4.25%	11.71	0.86	20.32%	-6.87%
ARCB	2.3B	5.3B	-7.93%	8.57%	7.71	0.43	34.66%	39.66%
SMALL-CAP
MRTN	1.7B	1.3B	-7.87%	6.98%	15.34	1.34	29.81%	36.36%
HTLD	1.3B	968.0M	-1.91%	10.86%	9.66	1.33	59.40%	68.50%
ULH	708.7M	2.0B	-8.23%	28.70%	4.68	0.35	21.24%	105.25%
USX	85.6M	2.2B	10.81%	-61.50%	-1.95	0.04	10.91%	-504.67%

Financials for CSX

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	2.4%	14,900	14,550	13,947	13,122	12,522
Operating Expenses	2.4%	8,830	8,620	8,160	7,347	6,928
EBITDA	1.9%	6,172	6,059	5,949	5,841	-
EBITDA Margin	-0.5%	0.41*	0.42*	0.43*	0.45*	-
Earnings Before Taxes	1.9%	5,414	5,315	5,171	5,143	4,951
EBT Margin	-0.5%	0.36*	0.37*	0.37*	0.39*	-
Interest Expenses	-2.6%	-742	-723	-707	-717	-722
Net Income	2.1%	4,166	4,082	3,939	3,934	3,781
Net Income Margin	-0.3%	0.28*	0.28*	0.28*	0.30*	-
Free Cahsflow	-1.2%	3,486	3,527	3,382	3,350	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-0.8%	41,912	42,242	40,366	40,452	40,531
Current Assets	-10.7%	3,849	4,310	2,784	3,757	3,873
Cash Equivalents	-15.3%	1,958	2,311	724	1,936	2,239
Net PPE	0.8%	34,242	33,956	33,644	32,984	33,015
Goodwill	-6.6%	352	377	276	-	-
Liabilities	-0.2%	29,287	29,359	27,225	27,257	27,031
Current Liabilities	-1.5%	2,471	2,508	2,393	2,575	2,233
Long Term Debt	0.0%	17,896	17,895	15,974	16,019	16,185
Shareholder's Equity	-2.0%	12,625	12,883	13,141	13,195	13,500
Retained Earnings	-1.7%	10,363	10,537	10,794	11,284	11,630
Additional Paid-In Capital	3.4%	574	555	534	103	66.00
Accumulated Depreciation	0.6%	13,863	13,778	13,802	13,613	13,490
Shares Outstanding	-2.6%	2,066	2,122	2,158	2,188	2,202
Minority Interest	11.1%	10.00	9.00	10.00	11.00	10.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	1.5%	5,619	5,535	5,230	5,166	5,099
Share Based Compensation	-12.6%	97.00	111	107	-	-
Cashflow From Investing	-3.5%	-2,131	-2,058	-2,369	-1,948	-1,877
Cashflow From Financing	-12.7%	-3,769	-3,345	-5,123	-4,237	-4,112
Dividend Payments	0.1%	852	851	847	844	839
Buy Backs	10.5%	4,731	4,280	4,149	3,351	2,886

Risks for CSX

What is the probability of a big loss on CSX?

35%

Probability that CSX stock will be more than 20% underwater in next one year

18.5%

Probability that CSX stock will be more than 30% underwater in next one year.

Probability that CSX stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CSX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CSX was unfortunately bought at previous high price.

Drawdowns

Returns for CSX

Cumulative Returns on CSX

15.6%

10-Year Cumulative Returns

20.3%

7-Year Cumulative Returns

10.0%

5-Year Cumulative Returns

15.5%

3-Year Cumulative Returns

What are the long-term rolling returns for CSX?

FIve years rolling returns for CSX.

Annualized Returns

Which funds bought or sold CSX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	added	0.46	633,198	4,402,200	0.12%
2023-03-13	Claro Advisors LLC	new	-	214,078	214,078	0.07%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-0.03	8,231,070	58,872,100	0.06%
2023-03-08	Capital Asset Advisory Services LLC	reduced	-8.99	18,939	333,939	0.03%
2023-03-08	SHEETS SMITH WEALTH MANAGEMENT	added	0.03	162,801	1,163,800	0.18%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-1.59	2,031,000	16,103,000	0.08%
2023-03-03	TIAA, FSB	reduced	-5.22	410,945	4,430,940	0.02%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	unchanged	-	9,199	63,199	0.04%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	167,261	167,261	-%
2023-03-01	Regal Investment Advisors LLC	added	0.05	48,318	342,318	0.03%

Latest Funds Activity

Are funds buying CSX calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own CSX

No. of Funds

CSX News

Schedule 13G FIlings of CSX

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	capital world investors	4.1%	87,152,298	SC 13G/A
Feb 13, 2023	capital research global investors	1.6%	34,110,235	SC 13G/A
Feb 09, 2023	vanguard group inc	8.75%	184,039,609	SC 13G/A
Feb 07, 2023	blackrock inc.	6.6%	139,048,570	SC 13G/A
Feb 11, 2022	capital research global investors	5.0%	111,241,858	SC 13G/A
Feb 11, 2022	capital world investors	8.3%	184,488,460	SC 13G/A
Feb 09, 2022	vanguard group inc	8.28%	183,589,803	SC 13G/A
Feb 01, 2022	blackrock inc.	6.8%	151,615,861	SC 13G/A
Feb 16, 2021	capital world investors	9.2%	70,004,980	SC 13G/A
Feb 16, 2021	capital research global investors	6.8%	52,107,116	SC 13G/A

CSX Fair Value

CSX fair value in different scenarios

The table shows the Fair Value estimates for CSX for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	22.27 -24.07%	26.75 -8.80%	37.36 27.38%	52.97 80.60%	63.19 115.44%
Current Inflation	20.94 -28.61%	24.46 -16.60%	33.48 14.15%	46.49 58.51%	54.99 87.49%
Very High Inflation	19.24 -34.40%	21.66 -26.15%	28.88 -1.53%	38.98 32.90%	45.58 55.40%

Historical CSX Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of CSX

View All Filings

Date Filed	Form Type	Document
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	8-K	Current Report
Feb 21, 2023	8-K	Current Report
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading

Latest Insider Trading transactions for CSX

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-15	Boone Kevin S.	acquired	630,011	31.67	19,893	evp - sales & marketing
2023-02-15	Boychuk Jamie J.	acquired	630,011	31.67	19,893	evp - operations
2023-02-15	Goldman Nathan D	acquired	465,011	31.67	14,683	evp & clo
2023-02-15	Fortune Stephen	acquired	465,011	31.67	14,683	evp - cd&to
2023-02-15	Sorfleet Diana B	acquired	465,011	31.67	14,683	evp & cao
2023-02-15	Hinrichs Joseph R	acquired	2,000,020	31.67	63,152	president & ceo
2023-02-15	Pelkey Sean R.	acquired	465,011	31.67	14,683	evp & cfo
2023-02-15	Williams Angela C	acquired	56,816	31.67	1,794	vp & chief accounting officer
2023-02-14	Hilal Paul C	sold	-	-	-98,795	-
2023-02-14	RIEFLER LINDA H	acquired	180,025	31.65	5,688	-

About CSX

CSX Income Statement

2022-12-31

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue	$ 14,853	$ 12,522	$ 10,583
Expense
Labor and Fringe	2,861	2,550	2,275
Purchased Services and Other	2,685	2,135	1,719
Fuel	1,626	913	541
Depreciation and Amortization	1,500	1,420	1,383
Equipment and Other Rents	396	364	338
Gains on Property Dispositions	(238)	(454)	(35)
Total Expense	8,830	6,928	6,221
Operating Income	6,023	5,594	4,362
Interest Expense	(742)	(722)	(754)
Other Income - Net (Note 14)	133	79	19
Earnings Before Income Taxes	5,414	4,951	3,627
Income Tax Expense (Note 12)	(1,248)	(1,170)	(862)
Net Earnings	$ 4,166	$ 3,781	$ 2,765
Net Earnings Per Share
Basic (in dollars per share)	$ 1.95	$ 1.68	$ 1.20
Assuming Dilution (in dollars per share)	$ 1.95	$ 1.68	$ 1.20
Average Common Shares Outstanding (Millions)
Basic (shares)	2,136	2,250	2,300
Assuming Dilution (shares)	2,141	2,255	2,305

CSX Balance Sheet

2022-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and Cash Equivalents	$ 1,958,000,000	$ 2,239,000,000
Short-term Investments	129,000,000	77,000,000
Accounts Receivable - Net (Note 11)	1,313,000,000	1,148,000,000
Materials and Supplies	341,000,000	339,000,000
Other Current Assets	108,000,000	70,000,000
Total Current Assets	3,849,000,000	3,873,000,000
Properties	48,105,000,000	46,505,000,000
Accumulated Depreciation	(13,863,000,000)	(13,490,000,000)
Properties - Net (Note 6)	34,242,000,000	33,015,000,000
Investment in Affiliates and Other Companies (Note 15)	2,292,000,000	2,099,000,000
Right of Use Lease Asset (Note 7)	505,000,000	501,000,000
Goodwill and Other Intangible Assets - Net (Note 18)	502,000,000	451,000,000
Other Long-term Assets	522,000,000	592,000,000
Total Assets	41,912,000,000	40,531,000,000
Current Liabilities:
Accounts Payable	1,130,000,000	963,000,000
Labor and Fringe Benefits Payable	707,000,000	630,000,000
Casualty, Environmental and Other Reserves (Note 5)	144,000,000	118,000,000
Current Maturities of Long-term Debt (Note 10)	151,000,000	181,000,000
Income and Other Taxes Payable	111,000,000	134,000,000
Other Current Liabilities	228,000,000	207,000,000
Total Current Liabilities	2,471,000,000	2,233,000,000
Casualty, Environmental and Other Reserves (Note 5)	292,000,000	250,000,000
Long-term Debt (Note 10)	17,896,000,000	16,185,000,000
Deferred Income Taxes - Net (Note 12)	7,569,000,000	7,383,000,000
Long-term Lease Liability (Note 7)	488,000,000	478,000,000
Other Long-term Liabilities	571,000,000	502,000,000
Total Liabilities	29,287,000,000	27,031,000,000
Shareholders' Equity:
Common Stock, $1 Par Value (Note 3)	2,066,000,000	2,202,000,000
Other Capital	574,000,000	66,000,000
Retained Earnings	10,363,000,000	11,630,000,000
Accumulated Other Comprehensive Loss (Note 16)	(388,000,000)	(408,000,000)
Non-controlling Minority Interest	10,000,000	10,000,000
Total Shareholders' Equity	12,625,000,000	13,500,000,000
Total Liabilities and Shareholders' Equity	$ 41,912,000,000	$ 40,531,000,000