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CSX CSX Free cash flow

Free cash flow at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
$968M+58.2%
Union Pacific logo
Union PacificUNP
$2.2B+57.7%
Norfolk Southern logo
Norfolk SouthernNSC
$615M+2.2%
FIP
FTAI Infrastructure Inc.FIP
-$43.52M+50.0%
Wabtec logo
WabtecWAB
$379M+123%
Universal Logistics Holdings, Inc. logo
Universal Logistics Holdings, Inc.ULH
$27.14M+146%

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%

Valuation

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Market cap$95.88B+58.1%
Enterprise value$114.23B+88.0%
P/E29.8×+10.2×
P/S6.6×+2.3×

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

Calculated from CSX’s reported figures.

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

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

FAQ

What is CSX's free cash flow?
CSX (CSX) reported free cash flow of $751M in Q2 2026.
What is the long-term trend for CSX's free cash flow?
Over 4 years (2021 to 2025), CSX's free cash flow has grown at a -13.5% compound annual growth rate (CAGR), from $3.31B to $1.85B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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