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

Revenue

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Revenue Common Size

Labor and Fringe

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Purchased Services and Other

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Fuel

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Equipment and Other Rents

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Restructuring Charge

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Equity Earnings of Affiliates

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Goodwill Impairment

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Gains on Property Dispositions

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Total Expense

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Operating Income

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Interest Expense

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Debt Repurchase Expense

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Restructuring Charge - Non-Operating

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Other Income - Net

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Earnings Before Income Taxes

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Income Tax Expense

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Net Earnings

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Net Earnings per Share, Basic

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Net Earnings per Share, Assuming Dilution

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Average Shares Outstanding

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Average Shares Outstanding, Assuming Dilution

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Average Shares Outstanding, Assuming Dilution Common Size

Cash Dividends Paid per Common Share

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Cash Dividends Paid per Common Share Common Size

Total Revenues

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Cost of Sales

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Gross Profit

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Gross Profit Margin

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Depreciation & Amortization Expenses

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Other Operating Expenses

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Operating Profit

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Operating Margin

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Interest and Investment Income

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Non-Operating Income

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Total Non-Operating Income

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Income Before Provision for Income Taxes

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Provision for Income Taxes

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Consolidated Net Income

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Net Income Attributable to Common Shareholders

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EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	14,123	14,155	14,282	14,540	14,681	14,634
Total Revenues %Chg	-3.8%	-3.3%	-2.4%	-0.8%	-0.2%	-2.6%
Revenue
Cost of Sales	7,647	7,584	7,563	7,540	7,643	7,698
Fuel
Labor and Fringe
Purchased Services and Other
Equipment and Other Rents
Gross Profit	6,476	6,571	6,719	7,000	7,038	6,936
Gross Profit Margin	45.9%	46.4%	47%	48.1%	47.9%	47.4%
Depreciation & Amortization Expenses	1,698	1,690	1,673	1,658	1,649	1,636
Depreciation and Amortization
Other Operating Expenses	—	—	—	97	—	—
Restructuring Charge
Gains on Property Dispositions
Goodwill Impairment
Operating Profit	4,517	4,784	4,949	5,245	5,397	5,314
Operating Income
Operating Margin	32%	33.8%	34.7%	36.1%	36.8%	36.3%
Interest and Investment Income	—	—	—	—	—	—
Equity Earnings of Affiliates
Interest Expense	-838	-834	-831	-832	-829	-826
Interest Expense
Debt Repurchase Expense
Non-Operating Income	106	121	127	142	138	136
Other Income - Net
Restructuring Charge - Non-Operating
Total Non-Operating Income	-732	-713	-704	-690	-691	-690
Income Before Provision for Income Taxes	3,785	4,071	4,245	4,555	4,706	4,624
Earnings Before Income Taxes
Provision for Income Taxes	883	969	1,009	1,085	1,130	1,114
Income Tax Expense
Consolidated Net Income	2,902	3,102	3,236	3,470	3,576	3,510
Net Income Attributable to Common Shareholders	2,902	3,102	3,236	3,470	3,576	3,510
Net Earnings
Basic EPS	1.5	1.6	1.7	1.8	1.9	1.8
Diluted EPS	1.5	1.6	1.7	1.8	1.8	1.8
Basic Weighted Average Shares Outstanding	1,885.5	1,903.5	1,922.8	1,939	1,951.8	1,966.3
Total Shares Outstanding	1,862.1	1,864.3	1,878.5	1,900.2	1,928.4	1,938.7
Diluted Weighted Average Shares Outstanding	1,887.3	1,905.5	1,925.3	1,943	1,954.8	1,969.5
EBITDA	6,203	6,462	6,611	6,903	7,026	6,933
Effective Tax Rate	23.3%	23.8%	23.8%	23.8%	24%	24.1%