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CSX CSX Rail Operations — Segment, expenditure, addition to long-lived assets

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Other financials

Income statement

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Revenue$3.9B+10.1%
Operating income$1.5B+17.4%
Net income$1.0B+20.9%
EPS (diluted)$0.54+22.7%

Balance sheet

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Cash & equivalents$1.0B+160%
Total debt$19.4B+3,899%
Total equity$12.2B-2.1%
Total assets$44.7B+4.2%

Cash flow

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Operating cash flow$1.3B+109%
CapEx$576.0M-25.8%
Free cash flow$751.0M

Valuation

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Market cap$93.36B+39.6%
Enterprise value$111.71B+67.1%
P/E29×+7.4×
P/S6.4×+1.7×

Profitability

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Operating margin34.2%+0.4pp
Net margin22.2%+0.3pp
FCF margin19.3%+4.1pp

Returns & leverage

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Return on equity26.3%-2.8pp
Debt / equity1.6×+1.6×
Current ratio0.8×0.0×

Where this comes from

Reported directly by CSX in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: CSX’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000277948-26-000032

Capital expenditures made by the rail segment were $561 million and $766 million, for the second quarters 2026 and 2025, respectively, and $1,098 million and $1,457 million, for the six months ended June 30, 2026, and June 30, 2025, respectively. The total of the rail segment's reportable assets was $44.6 billion and $43.5 billion as of June 30, 2026, and December 31, 2025, respectively, out of total consolidated assets of $44.7 billion and $43.7 billion for the respective periods. The remaining non-rail assets are comprised of assets held by the trucking operating segment.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CSX's rail operations — segment, expenditure, addition to long-lived assets?
CSX (CSX) reported rail operations — segment, expenditure, addition to long-lived assets of $561M in Q2 2026.
How has CSX's rail operations — segment, expenditure, addition to long-lived assets changed year-over-year?
CSX's rail operations — segment, expenditure, addition to long-lived assets decreased by 26.8% year-over-year, from $766M to $561M.
What is the long-term trend for CSX's rail operations — segment, expenditure, addition to long-lived assets?
Over 3 years (2022 to 2025), CSX's rail operations — segment, expenditure, addition to long-lived assets has grown at a 12.8% compound annual growth rate (CAGR), from $2.02B to $2.9B.
What does rail operations — segment, expenditure, addition to long-lived assets mean?
This metric represents the capital expenditures invested in the rail segment to acquire or improve long-lived assets like track, bridges, and locomotives. It reflects the company's commitment to maintaining and expanding its infrastructure for future growth.

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