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CSX CSX Debt-to-assets

Debt-to-assets at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
0.3×
Union Pacific logo
Union PacificUNP
-0.5×
Norfolk Southern logo
Norfolk SouthernNSC
0.0×
Wabtec logo
WabtecWAB
0.3×+0.1×
JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
0.2×0.0×
XPO
XPOXPO
0.5×0.0×

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

Calculated from CSX’s reported figures.

Based on the most recent quarter.

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 debt-to-assets?
CSX (CSX) reported debt-to-assets of 0× in Q1 2026.
How has CSX's debt-to-assets changed year-over-year?
CSX's debt-to-assets decreased by 97.7% year-over-year, from 0.5× to 0×.
What is the long-term trend for CSX's debt-to-assets?
Over 4 years (2021 to 2025), CSX's debt-to-assets has grown at a 77.7% compound annual growth rate (CAGR), from 0× to 0.5×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.