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CSX CSX Rail Operations — D&A

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Other financials

Income statement

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Revenue$3.5B+1.7%
Operating income$1.3B+20.4%
Net income$807.0M+24.9%
EPS (diluted)$0.43+26.5%

Balance sheet

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Cash & equivalents$964.0M-15.4%
Total debt$469.0M-97.6%
Total assets$44.2B+2.4%

Cash flow

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Operating cash flow$1.3B+1.4%
CapEx$543.0M-24.5%
Free cash flow$729.0M+36.0%

Valuation

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Market cap$84.68B+37.6%
Enterprise value$84.18B+2.6%
P/E27.8×+8.7×
P/S+1.7×

Profitability

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Operating margin33.4%-1.2pp
Net margin21.6%-1.1pp

Returns & leverage

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Return on equity26.3%-2.8pp
Debt / equity1.6×+1.6×
Current ratio+0.1×

Where this comes from

Reported directly by CSX in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: CSX’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CSX's rail operations — D&A?
CSX (CSX) reported rail operations — D&A of $399M in Q1 2026.
How has CSX's rail operations — D&A changed year-over-year?
CSX's rail operations — D&A decreased by 2.7% year-over-year, from $410M to $399M.
What is the long-term trend for CSX's rail operations — D&A?
Over 3 years (2022 to 2025), CSX's rail operations — D&A has grown at a 3.6% compound annual growth rate (CAGR), from $1.45B to $1.62B.
What does rail operations — D&A mean?
The non-cash cost of wearing out physical assets like tracks and trains over time.
How do you interpret rail operations — D&A?
High levels reflect a large asset base, while sudden changes may indicate shifts in capital expenditure strategies or asset impairment.
How does rail operations — D&A compare across companies?
Highly comparable across capital-intensive industries like rail, utilities, and telecommunications.