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CSX CSX Net margin

Net margin at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
27.2%+1.2pp
Union Pacific logo
Union PacificUNP
29.2%+1.4pp
Norfolk Southern logo
Norfolk SouthernNSC
21.9%-5.5pp
Wabtec logo
WabtecWAB
10.5%0.0pp
JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
5.1%+0.5pp
XPO
XPOXPO
4.2%-0.7pp

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

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 trailing twelve months.

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 net margin?
CSX (CSX) reported net margin of 21.6% in Q1 2026.
How has CSX's net margin changed year-over-year?
CSX's net margin decreased by 4.9% year-over-year, from 22.7% to 21.6%.
What is the long-term trend for CSX's net margin?
Over 4 years (2021 to 2025), CSX's net margin has grown at a -7.3% compound annual growth rate (CAGR), from 116% to 85.6%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.