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CSX CSX Shares (Diluted)

Shares (Diluted) at other companies

Canadian Pacific Kansas City logo
Canadian Pacific Kansas CityCP
887.1M-4.1%
Norfolk Southern logo
Norfolk SouthernNSC
225M-0.1%
FIP
FTAI Infrastructure Inc.FIP
116.7M-4.9%
Wabtec logo
WabtecWAB
169.6M-0.9%
The Greenbrier Companies logo
The Greenbrier CompaniesGBX
31.7M-1.4%
Universal Logistics Holdings, Inc. logo
Universal Logistics Holdings, Inc.ULH
26.4M0.0%

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
Debt / equity1.6×+1.6×
Current ratio0.8×0.0×

Where this comes from

Reported directly by CSX in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

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

Filed
Jul 22, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000277948-26-000032
Line itemSecond Quarters / 2026Second Quarters / 2025Six Months / 2026Six Months / 2025
Earnings Before Income Taxes1,3201,0932,3831,951
Income Tax Expense(318)(264)(574)(476)
Net Earnings$1,002$829$1,809$1,475
Per Common Share (Note 2)
Net Earnings Per Share, Basic$0.54$0.44$0.97$0.79
Net Earnings Per Share, Assuming Dilution$0.54$0.44$0.97$0.78
Average Shares Outstanding (In Millions)1,8551,8671,8581,878
Average Shares Outstanding, Assuming Dilution (In Millions)1,8591,8691,8601,881

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CSX's shares (diluted)?
CSX (CSX) reported shares (diluted) of 1.9B in Q2 2026.
How has CSX's shares (diluted) changed year-over-year?
CSX's shares (diluted) decreased by 0.5% year-over-year, from 1.9B to 1.9B.
What is the long-term trend for CSX's shares (diluted)?
Over 4 years (2021 to 2025), CSX's shares (diluted) has grown at a -4.6% compound annual growth rate (CAGR), from 9.1B to 7.5B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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