Income StatementBalance SheetCash FlowSegments
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CSX Business Segments

Business, geographic, and product segment breakdowns

CSX generates $14.2B in annual revenue across 2 key segments: Rail Operations ($13.3B), and Trucking Operating Segment ($837.0M). The company-wide operating margin is 33.45%. Based on the Q1 2026 filing.

Rail Operations (TTM)$13.3BTrucking Operating Segment (TTM)$837.0M
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$84.6B
P/E Ratio27.73

Products & Services

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Chemicals$708.0M$698.0M$701.0M$697.0M$680.0M$722.0M
Agriculturaland Food Products$415.0M$408.0M$418.0M$382.0M$410.0M$409.0M
Automotive$296.0M$271.0M$320.0M$306.0M$285.0M$275.0M
Forest Products$257.0M$249.0M$250.0M$247.0M$229.0M$229.0M
Metalsand Equipment$201.0M$209.0M$224.0M$224.0M$212.0M$220.0M
Trucking$194.0M$202.0M$211.0M$207.0M$196.0M$202.0M
Minerals$189.0M$181.0M$218.0M$226.0M$207.0M$192.0M
Fertilizers$125.0M$136.0M$126.0M$126.0M$133.0M$141.0M
Other Services$129.0M$115.0M$138.0M$155.0M$122.0M$116.0M

Number of carloads

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coal725000.00179500.00179500.00179500.00179500.00—
Intermodal184000.00750000.00750000.00750000.00750000.00—

Percentage of Total Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coal3.8%3.3%3.3%3.3%3.3%—
Intermodal3.5%3.8%3.8%3.8%3.8%—
Other1.0%1.0%1.0%1.0%1.0%—
Trucking business1.5%1.5%1.5%1.5%1.5%—

Percentage of Total Volume

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coal3.0%2.8%2.8%2.8%2.8%—
Intermodal11.5%12.0%12.0%12.0%12.0%—

Number of terminals

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Intermodal30.00———30.00—

Business Segments

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$42.6B$43.0B$42.7B$43.1B$43.5B$44.1B

Depreciation and Amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$407.0M$410.0M$410.0M$408.0M$388.0M$399.0M

Equipment and Other Rents

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$90.0M$82.0M$90.0M$80.0M$84.0M$79.0M

Fuel

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$224.0M$225.0M$226.0M$237.0M$226.0M$251.0M

Gain (Loss) on Disposition of Property Plant Equipment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$4.0M$0.0$4.0M$6.0M$2.0M$44.0M

Goodwill Impairment (Note 18)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$0.0———$0.0—

Labor and Fringe

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$736.0M$774.0M$736.0M$758.0M$781.0M$763.0M

Number of operating segments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations—0.250.250.250.251.00

Operating Income (Loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$1.2B$1.0B$1.3B$1.3B$1.1B$1.3B

Purchased Services and Other

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$645.0M$662.0M$605.0M$624.0M$693.0M$549.0M

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$3.3B$3.2B$3.4B$3.4B$3.3B$3.3B
Trucking Operating Segment$196.0M$207.0M$219.0M$215.0M$198.0M$205.0M

Segment, expenditure, addition to long-lived assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rail Operations$869.0M$691.0M$766.0M$717.0M$727.0M$537.0M

Additions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Trucking Operating Segment$6.3M$1.3M$1.3M$1.3M$1.3M—

Expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Trucking Operating Segment$313.0M$204.0M$213.0M$384.0M$206.0M$207.0M