CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, automotive, minerals, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. The company also offers intermodal transportation services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 19,500 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

CSX Corporation

Net Earnings

Net Earnings %Chg

Net Earnings Common Size

Depreciation and Amortization

Depreciation and Amortization %Chg

Depreciation and Amortization Common Size

Restructuring Charge

Restructuring Charge %Chg

Restructuring Charge Common Size

Goodwill Impairment

Goodwill Impairment %Chg

Goodwill Impairment Common Size

Deferred Income Taxes

Deferred Income Taxes %Chg

Deferred Income Taxes Common Size

Equity Earnings of Affiliates

Equity Earnings of Affiliates %Chg

Equity Earnings of Affiliates Common Size

Contributions to Qualified Pension Plans

Contributions to Qualified Pension Plans %Chg

Contributions to Qualified Pension Plans Common Size

Gains on Property Dispositions

Gains on Property Dispositions %Chg

Gains on Property Dispositions Common Size

Cash Payments for Restructuring Charge

Cash Payments for Restructuring Charge %Chg

Cash Payments for Restructuring Charge Common Size

Other Operating Activities

Other Operating Activities %Chg

Other Operating Activities Common Size

Change in Accounts Receivable

Change in Accounts Receivable %Chg

Change in Accounts Receivable Common Size

Other Current Assets

Other Current Assets %Chg

Other Current Assets Common Size

Change in Accounts Payable

Change in Accounts Payable %Chg

Change in Accounts Payable Common Size

Change in Income and Other Taxes Payable

Change in Income and Other Taxes Payable %Chg

Change in Income and Other Taxes Payable Common Size

Other Current Liabilities

Other Current Liabilities %Chg

Other Current Liabilities Common Size

Net Cash Provided by Operating Activities

Net Cash Provided by Operating Activities %Chg

Net Cash Provided by Operating Activities Common Size

Property Additions

Property Additions %Chg

Property Additions Common Size

Purchases of Short-Term Investments

Purchases of Short-Term Investments %Chg

Purchases of Short-Term Investments Common Size

Proceeds from Sales of Short-Term Investments

Proceeds from Sales of Short-Term Investments %Chg

Proceeds from Sales of Short-Term Investments Common Size

Proceeds and Advances from Property Dispositions

Proceeds and Advances from Property Dispositions %Chg

Proceeds and Advances from Property Dispositions Common Size

Business Acquisition, Net of Cash Acquired

Business Acquisition, Net of Cash Acquired %Chg

Business Acquisition, Net of Cash Acquired Common Size

Other Investing Activities

Other Investing Activities %Chg

Other Investing Activities Common Size

Net Cash Provided by Investing Activities

Net Cash Provided by Investing Activities %Chg

Net Cash Provided by Investing Activities Common Size

Shares Repurchased

Shares Repurchased %Chg

Shares Repurchased Common Size

Dividends Paid

Dividends Paid %Chg

Dividends Paid Common Size

Long-Term Debt Repaid

Long-Term Debt Repaid %Chg

Long-Term Debt Repaid Common Size

Long-Term Debt Issued

Long-Term Debt Issued %Chg

Long-Term Debt Issued Common Size

Other Financing Activities

Other Financing Activities %Chg

Other Financing Activities Common Size

Net Cash Provided by Financing Activities

Net Cash Provided by Financing Activities %Chg

Net Cash Provided by Financing Activities Common Size

Change in Cash and Cash Equivalents

Change in Cash and Cash Equivalents %Chg

Change in Cash and Cash Equivalents Common Size

Cash and Cash Equivalents at Beginning of Period

Cash and Cash Equivalents at Beginning of Period %Chg

Cash and Cash Equivalents at Beginning of Period Common Size

Cash and Cash Equivalents at End of Period

Cash and Cash Equivalents at End of Period %Chg

Cash and Cash Equivalents at End of Period Common Size

Net Income

Net Income %Chg

Net Income Common Size

Depreciation & Amortization

Depreciation & Amortization %Chg

Depreciation & Amortization Common Size

Other Adjustments

Other Adjustments %Chg

Other Adjustments Common Size

Changes in Trade Receivables

Changes in Trade Receivables %Chg

Changes in Trade Receivables Common Size

Changes in Accounts Payable

Changes in Accounts Payable %Chg

Changes in Accounts Payable Common Size

Changes in Income Taxes Payable

Changes in Income Taxes Payable %Chg

Changes in Income Taxes Payable Common Size

Changes in Other Operating Activities

Changes in Other Operating Activities %Chg

Changes in Other Operating Activities Common Size

Cash from Operating Activities

Cash from Operating Activities %Chg

Cash from Operating Activities Common Size

Capital Expenditure

Capital Expenditure %Chg

Capital Expenditure Common Size

Proceeds from Sale of Property, Plant & Equipment

Proceeds from Sale of Property, Plant & Equipment %Chg

Proceeds from Sale of Property, Plant & Equipment Common Size

Purchases of Investments

Purchases of Investments %Chg

Purchases of Investments Common Size

Proceeds from Sale of Investments

Proceeds from Sale of Investments %Chg

Proceeds from Sale of Investments Common Size

Payments for Business Acquisitions

Payments for Business Acquisitions %Chg

Payments for Business Acquisitions Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	3,049	3,249	3,433	3,470	3,724	3,801
Net Earnings
Depreciation & Amortization	1,686	1,678	1,662	1,658	1,629	1,619
Depreciation and Amortization
Other Adjustments	150	11	18.5	109	54	84
Restructuring Charge
Goodwill Impairment
Deferred Income Taxes
Equity Earnings of Affiliates
Gains on Property Dispositions
Contributions to Qualified Pension Plans
Cash Payments for Restructuring Charge
Changes in Trade Receivables	—	—	—	82	—	—
Change in Accounts Receivable
Changes in Accounts Payable	—	—	—	-5	—	—
Change in Accounts Payable
Changes in Income Taxes Payable	—	—	—	-19	—	—
Change in Income and Other Taxes Payable
Changes in Other Operating Activities	—	—	—	-48	—	—
Other Operating Activities
Other Current Assets
Other Current Liabilities
Cash from Operating Activities	4,293	4,642	4,783.5	5,247	5,110	4,646
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-2,742	-2,637	-2,422.5	-2,529	-2,134	-2,063
Property Additions
Proceeds from Sale of Property, Plant & Equipment	75	67	64	66	58	95
Proceeds and Advances from Property Dispositions
Purchases of Investments	—	—	—	-66	—	—
Purchases of Short-Term Investments
Proceeds from Sale of Investments	153	190.5	196.5	91	174.5	234
Proceeds from Sales of Short-Term Investments
Payments for Business Acquisitions	-41	-58	-76	-70	-70	-81
Business Acquisition, Net of Cash Acquired
Other Investing Activities	-76	-136	-132.5	-97	-89	-76
Other Investing Activities
Cash from Investing Activities	-2,631	-2,614	-2,411	-2,605	-2,202	-1,993
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	—	1,150	—	550	—	—
Long-Term Debt Issued
Repayments of Long-Term Debt	-14	-557	-557.5	-558	-698	-150
Long-Term Debt Repaid
Net Issuance / (Repayments) of Long-Term Debt	-14	593	-557.5	-8	-698	-150
Repurchases of Common Shares	-1,531	-1,821	-1,640	-2,237	-2,279	-2,740
Shares Repurchased
Net Issuance / (Repurchases) of Common Shares	-1,531	-1,821	-1,640	-2,237	-2,279	-2,740
Common Share Dividends Paid	-965	-955	-945	-930	-926	-916
Dividends Paid
Other Financing Activities	57	145	125.5	113	69	61
Other Financing Activities
Cash from Financing Activities	-1,853	-2,038	-2,167	-3,062	-3,284	-3,745
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Free Cash Flow	1,551	2,005	2,361	2,718	2,976	2,583
NOPAT	3,463.2	3,645.3	3,772.7	3,995.6	4,101.1	4,033.8
Levered Free Cash Flow	1,832	2,736	1,918	2,519	2,373	2,916
Unlevered Free Cash Flow	2,407.2	2,686.3	3,012.2	3,052.6	3,596.1	3,589.8
Net Change in Cash	-191	-10	205.5	-420	-376	-1,092