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CSX CSX Debt-to-equity

Debt-to-equity at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
0.1×
Union Pacific logo
Union PacificUNP
1.5×-0.6×
Norfolk Southern logo
Norfolk SouthernNSC
FIP
FTAI Infrastructure Inc.FIP
180.7×+173×
Wabtec logo
WabtecWAB
0.6×+0.1×
The Greenbrier Companies logo
The Greenbrier CompaniesGBX
1.2×+1.1×

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+41.2%
Enterprise value$111.71B+68.7%
P/E29×+7.7×
P/S6.4×+1.8×

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
Current ratio0.8×0.0×

Where this comes from

Calculated from CSX’s reported figures.

Based on the most recent quarter.

The source filing: CSX’s 10-Q, filed April 22, 2026. Open the filing →

Filed
Apr 22, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000277948-26-000014

FAQ

What is CSX's debt-to-equity?
CSX (CSX) reported debt-to-equity of 1.6× in Q1 2025.
How has CSX's debt-to-equity changed year-over-year?
CSX's debt-to-equity increased by 3897.8% year-over-year, from 0× to 1.6×.
What is the long-term trend for CSX's debt-to-equity?
Over 3 years (2021 to 2024), CSX's debt-to-equity has grown at a 226.5% compound annual growth rate (CAGR), from 0× to 1.5×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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