OakChart

CSX Corp

CSXIndustrials·Railroads·USA·Large·NASD·Nov 11 • 9:31 AM ET

51.52+0.44 (0.86%)
2026-11-11 15:32 CET
Market cap
94,160.87 USD m
Revenue, TTM
14,942.00 USD m
Net income, TTM
3,581.00 USD m
Free cash flow, TTM
3,213.00 USD m
EPS diluted, TTM
1.93
P/E
26.73
Compare

Price

CSX against its 20, 50 and 200-day averages
2050200beat
40.0045.0050.0014.6M29.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26CSXclose 51.5220-day 50.5750-day 48.84200-day 46.1851.52

3.9% under 53.60 on 27 Jul 2026. Last 15 sessions, 7.8% high to low

Profile

CSX
52-week range, 90% of the way up
33.6353.60

CSX Corp. engages in the provision of rail-based freight transportation services. Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers, and bulk commodity operations. It operates through Rail and Trucking segments. The Rail segment provides rail-based transportation services including traditional rail service and the transport of intermodal containers. The Trucking segment relates to quality carriers. The company was founded in 1827 and is headquartered in Jacksonville, FL.

IndexNDX, S&P 500, RUI
Employees23000
IPONov 03, 1980
Beta1.11
ATR, 14d1.19
Rel volume0.14
Short float2.02%
Insider own0.14%
Inst own82.52%

Snapshot

6 groups

Valuation

IndexNDX, S&P 500, RUI
Market Cap94.97B
Enterprise Value112.67B
Income3.58B
Sales14.94B
Book/sh7.80
Cash/sh0.87
Dividend Est.0.56 (1.09%)
Dividend TTM0.55 (1.07%)
Dividend Ex-DateNov 30, 2026
Dividend Gr. 3/5Y9.14% 8.24%
Payout33.71%
Employees23000
IPONov 03, 1980

Ratios

P/E26.73
Forward P/E21.94
PEG1.29
P/S6.36
P/B6.61
P/C59.17
P/FCF29.56
EV/EBITDA15.91
EV/Sales7.54
Quick Ratio0.75
Current Ratio0.84
Debt/Eq1.34
LT Debt/Eq1.22
Option/ShortYes / Yes

Earnings

EPS (ttm)1.93
EPS next Y2.35
EPS next Q0.52
EPS this Y27.92%
EPS next Y14.02%
EPS next 5Y16.96%
EPS past 3/5Y-7.45% 5.15%
Sales past 3/5Y-1.74% 5.89%
EPS Y/Y TTM25.25%
Sales Y/Y TTM5.80%
EPS Q/Q52.73%
Sales Q/Q11.99%
EarningsOct 21 AMC
EPS/Sales Surpr.7.43% 1.40%

Ownership

Insider Own0.14%
Insider Trans-7.50%
Inst Own82.52%
Inst Trans-0.36%
ROA8.10%
ROE26.40%
ROIC11.20%
Gross Margin36.39%
Oper. Margin36.39%
Profit Margin23.97%
SMA201.88%
SMA505.48%
SMA20011.56%
Trades-

Technical

Shs Outstand1.84B
Shs Float1.84B
Short Float2.02%
Short Ratio3.46
Short Interest37.22M
52W High53.60 -3.88%
52W Low33.63 53.20%
Volatility3.24% 2.38%
ATR (14)1.19
RSI (14)57.17
Beta1.11
Rel Volume0.14
Avg Volume10.75M
Volume79,224

Performance

Perf Week-1.02%
Perf Month7.87%
Perf Quarter2.75%
Perf Half Y16.04%
Perf YTD42.12%
Perf Year47.28%
Perf 3Y67.82%
Perf 5Y46.70%
Perf 10Y346.96%
Recom1.96
Target Price54.43
Prev Close51.08
Price51.52
Change %0.86%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 23, 2026ReiteratedTTD CowenBuy$46 → $54+4.8%
Jul 15, 2026InitiatedCCitizensMkt Perform
Jul 14, 2026UpgradeSSusquehannaNeutral → Positive$58+12.6%
Jul 08, 2026ResumedSStephensOverweight$57+10.6%
Apr 23, 2026ReiteratedTTD CowenBuy$40 → $45-12.7%
Apr 23, 2026DowngradeVVertical ResearchBuy → Hold$44-14.6%
Apr 23, 2026DowngradeMMorgan StanleyEqual-Weight → Underweight$30-41.8%
Apr 07, 2026DowngradeCCitigroupBuy → Neutral$44-14.6%
Mar 19, 2026DowngradeEEvercore ISIOutperform → In-line$41-20.4%
Sep 25, 2025UpgradeWWells FargoEqual Weight → Overweight$40-22.4%

Peers

Mkt cap
TickerCompanyMkt cap
NSCNorfolk Southern Corp73.65B
UNPUnion Pacific Corp179.03B
CNICanadian National Railway Co75.58B
CPCanadian Pacific Kansas City Limited81.15B
WABWestinghouse Air Brake Technologies Corp51.35B
JBHTJ.B. Hunt Transport Services Inc21.20B
GBXGreenbrier Cos. Inc1.29B
ODFLOld Dominion Freight Line Inc34.94B
TRNTrinity Industries Inc2.37B
KNXKnight-Swift Transportation Holdings Inc10.19B

Insider trading

latest 14 of 22
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
ZILLMER JOHN JDirectorOct 26 '26Sale51.2419,500999,180334,214Oct 28 04:15 PM
ZILLMER JOHN JDirectorOct 26 '26Proposed Sale51.2419,500999,207Oct 27 09:15 AM
Williams Angela CVP & Chief Accounting OfficerJul 24 '26Sale53.2930,0001,598,70010,437Jul 27 04:15 PM
Burns Michael S.SVP - CLO & Corp SecyJul 24 '26Option Exercise26.5013,000344,50072,643Jul 27 04:15 PM
Burns Michael S.SVP - CLO & Corp SecyJul 24 '26Sale52.6813,000684,84059,643Jul 27 04:15 PM
ANGELA C WILLIAMSOfficerJul 24 '26Proposed Sale53.2830,0001,598,541Jul 24 04:08 PM
MICHAEL S BURNSOfficerJul 24 '26Proposed Sale52.6813,000684,792Jul 24 04:05 PM
Boone Kevin S.EVP & CFOJun 03 '26Option Exercise23.40136,7083,199,409345,330Jun 05 04:15 PM
Boone Kevin S.EVP & CFOJun 03 '26Sale46.70136,7086,384,264208,622Jun 05 04:15 PM
ZILLMER JOHN JDirectorJun 03 '26Sale46.4510,000464,500353,714Jun 04 04:15 PM
ZILLMER JOHN JDirectorJun 03 '26Proposed Sale46.3910,000463,887Jun 04 02:58 PM
KEVIN BOONEOfficerJun 03 '26Proposed Sale46.69136,7086,382,910Jun 03 04:29 PM
ANGEL STEPHEN FPresident & CEOMar 06 '26Buy40.2725,0001,006,750146,540Mar 06 04:39 PM
John ZillmerDirectorMar 06 '26Proposed Sale41.045,850240,084Mar 06 12:00 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
QQQInvesco QQQ Trust Series 1AUM: 463.98B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
XLIState Street Industrial Select Sector SPDR ETFAUM: 30.88B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B
QQQMInvesco NASDAQ 100 ETFAUM: 106.59B
PAVEGlobal X U.S. Infrastructure Development ETFAUM: 13.47B

News

latest 14 of 206
  • Conrail tabs Wright as president and chief operating officer (FreightWaves)
  • CSX Executive Vice President and Chief Financial Officer to Address Baird Global Industrial Conference (GlobeNewswire)
  • Schneider to shift eastern rail business to Norfolk Southern from CSX (FreightWaves)
  • Freight Railroad Shares Increase on Shift Away From Trucks (The Wall Street Journal) +6.76%
  • CSX Beats As Margins Hit 39.1% And Guidance Rises Again, But Fuel Inflated The Top Line (Earnings Whispers)
  • Loading…
  • CSX surges on earnings beat, strong margin expansion (Investing.com)
  • CSX Logs Higher Profit, Revenue on Rising Freight Volumes (The Wall Street Journal)
  • CSX: Q3 Earnings Snapshot (Associated Press)
  • CSX Corp. Announces Third Quarter 2026 Results (GlobeNewswire)
  • CSX eliminates more than 100 management positions (FreightWaves)
  • Top rail stocks to watch according to Jefferies analysis (Investing.com)
  • CSX operations chief to retire (FreightWaves)
  • CSX Announces Retirement of Chief Operating Officer Mike Cory (GlobeNewswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-210.5700.5310.5704,0173,96222
2026Q22026-07-220.5400.5180.5403,9353,89422
2026Q12026-04-220.4300.3890.4333,4823,48821
2025Q42026-01-220.3900.4110.3863,5083,54123
2025Q32025-10-160.4400.4240.3723,5903,57224
2025Q22025-07-230.4400.4160.4443,5743,57624
2025Q12025-04-160.3400.3650.3413,4233,45224
2024Q42025-01-230.4200.4210.3823,5403,55824
2024Q32024-10-160.4600.4770.4613,6193,67524
2024Q22024-08-050.4900.4780.4943,7013,69822
2024Q12024-04-170.4600.4520.4553,6813,66723
2023Q42024-01-240.4500.4420.4503,6803,63224
2023Q32023-10-190.4200.4260.4233,5723,55324
2023Q22023-07-200.4900.4940.4923,6993,73226
2023Q12023-04-200.4800.4260.4803,7063,57926
2022Q42023-01-250.4900.4650.4893,7303,73225

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY1.3901.3801.39111,94011,969
2020FY1.2171.2041.20010,53610,534
2021FY1.6801.5481.67712,52212,418
2022FY1.9501.8911.94614,85314,852
2023FY1.8501.8341.82214,65714,611
2024FY1.8301.8271.78614,54014,569
2025FY1.6101.6381.54014,09214,131
2026FY-2.060--15,415
2027FY-2.348--16,290
2028FY-2.576--16,899
2029FY-2.813--17,960
2030FY-2.935--18,687

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-23181513,9783,8584,091
2026Q4S2026-10-22181513,9793,8584,091
2026Q4S2026-10-21171103,9063,7834,118
2026Q4S2026-10-19171103,9063,7834,118
2026Q4S2026-10-18171003,8983,7834,118
2026Q4S2026-10-14171103,8983,7834,118
2026Q4S2026-10-0917903,8883,7384,118
2026Q4S2026-10-0717803,8813,7134,118
2026Q4S2026-10-0617703,8783,7134,118
2026Q4S2026-10-05171103,8783,7134,118
2026Q4S2026-10-02171003,8673,7134,118
2026Q4S2026-10-01171003,8583,7134,118
2026Q4S2026-09-3017903,8523,7134,118
2026Q4S2026-09-2917803,8433,7133,972

Estimate history

EPS, annual1.9951.2811.3911.21.6771.9461.8221.7861.5431.9276
Period201720182019202020212022202320242025TTM
EPS, quarterly0.4610.3820.3410.4440.3720.3860.4330.540.568
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual11408122501193710583125221485314657145401409214942
Period201720182019202020212022202320242025TTM
Sales, quarterly361935393423357435873508348239354017
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual2669.5562454.5422320.4152287.59220220661958.7571900.191859.7411843.398
Period201720182019202020212022202320242025MRQ
Shares, quarterly1928.4191900.191878.5461864.2771862.1371859.7411858.1391852.3111843.398
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue14,942.0014,092.0014,540.0014,657.0014,853.0012,522.0010,583.0011,937.0012,250.00
Cost of Goods Sold Incl. D&A9,505.009,214.009,034.009,054.008,925.007,233.006,141.007,085.007,509.00
Gross Profit5,437.004,878.005,506.005,603.005,928.005,289.004,442.004,852.004,741.00
Other Operating Expense0.00167.00140.00136.00143.00130.00107.00107.0098.00
Operating Income5,437.004,711.005,366.005,467.005,785.005,159.004,335.004,745.004,643.00
Interest Expense844.00844.00832.00809.00742.00722.00754.00737.00639.00
Unusual Expense0.00190.00132.002.004.0019.0056.0032.0024.00
Net Income Before Taxes4,687.003,769.004,555.004,829.005,414.004,951.003,627.004,316.004,304.00
Income Taxes1,106.00880.001,085.001,161.001,248.001,170.00862.00985.00995.00
Consolidated Net Income3,581.002,889.003,470.003,668.004,166.003,781.002,765.003,331.003,308.00
Net Income From Continuing Operations3,581.002,889.003,470.003,668.004,166.003,781.002,765.003,331.003,308.00
Net Income3,581.002,889.003,470.003,668.004,166.003,781.002,765.003,331.003,308.00
EPS (Recurring)1.931.611.831.821.951.681.221.401.29
EPS (Basic, Before Extraordinaries)1.931.541.791.831.951.681.201.391.29
EPS (Diluted)1.931.541.791.821.951.681.201.391.28
EBITDA7,080.006,423.007,052.007,103.007,285.006,579.005,718.006,094.005,974.00
Non-Operating Income (Expense)94.0092.00153.00173.00375.00533.00102.00340.00324.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00-1.00
Stock Option Compensation Expense35.0041.0027.0046.0057.0084.0010.0031.0025.00
Price To Earnings Ratio26.5026.5017.3518.4116.4822.4125.2217.3516.13
Price To Sales Ratio5.774.824.314.764.476.776.594.844.37
Gross Margin36.3934.6237.8738.2339.9142.2441.9740.6538.70
Operating Margin36.3933.4336.9137.3038.9541.2040.9639.7537.90
Net Margin23.9720.5023.8725.0328.0530.1926.1327.9027.00
Shares Outstanding1,843.401,859.741,900.191,958.762,066.002,202.002,287.592,320.412,454.54
Market Capitalization94,160.8794,160.8762,230.1168,512.4365,132.6683,396.0569,199.5955,968.4150,833.57

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue4,017.003,935.003,482.003,508.003,587.003,574.003,423.003,539.00
Cost of Goods Sold Incl. D&A2,447.002,429.002,231.002,398.002,336.002,291.002,382.002,328.00
Gross Profit1,570.001,506.001,251.001,110.001,251.001,283.001,041.001,211.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,570.001,506.001,251.001,110.001,251.001,283.001,041.001,211.00
Interest Expense207.00211.00213.00213.00210.00212.00209.00207.00
Unusual Expense0.000.000.000.00164.000.000.00108.00
Net Income Before Taxes1,384.001,320.001,063.00920.00898.001,093.00858.00936.00
Income Taxes332.00318.00256.00200.00204.00264.00212.00203.00
Consolidated Net Income1,052.001,002.00807.00720.00694.00829.00646.00733.00
Net Income From Continuing Operations1,052.001,002.00807.00720.00694.00829.00646.00733.00
Net Income1,052.001,002.00807.00720.00694.00829.00646.00733.00
EPS (Recurring)0.570.540.430.390.430.440.340.42
EPS (Basic, Before Extraordinaries)0.570.540.430.390.370.440.340.38
EPS (Diluted)0.570.540.430.390.370.440.340.38
EBITDA1,983.001,917.001,666.001,514.001,675.001,710.001,466.001,633.00
Non-Operating Income (Expense)21.0025.0025.0023.0021.0022.0026.0040.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense16.005.006.008.0010.0012.0011.00-
Price To Earnings Ratio26.5029.0726.6023.5621.8219.4416.4217.35
Price To Sales Ratio5.776.095.404.794.694.313.904.26
Gross Margin39.0838.2735.9331.6434.8835.9030.4134.22
Operating Margin39.0838.2735.9331.6434.8835.9030.4134.22
Net Margin26.1925.4623.1820.5219.3523.2018.8720.71
Shares Outstanding1,843.401,852.311,858.141,859.741,862.141,864.281,878.551,900.19
Market Capitalization94,160.8788,317.3976,334.9467,502.5766,200.5861,297.0955,758.6762,230.11

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments675.001,005.001,436.002,087.002,316.003,131.001,954.001,111.00419.00
Short Term Receivables1,298.001,326.001,393.001,313.001,148.00912.00986.001,010.00970.00
Inventories390.00414.00440.00341.00339.00302.00261.00263.00372.00
Other Current Assets187.0075.0090.00108.0070.0096.0077.00181.00154.00
Total Current Assets2,550.002,820.003,359.003,849.003,873.004,441.003,278.002,565.001,915.00
Net Property, Plant & Equipment37,275.0036,145.0035,219.0034,747.0033,516.0032,916.0032,700.0031,998.0031,764.00
Total Investments and Advances2,834.002,669.002,562.002,419.002,190.002,065.001,967.001,867.001,763.00
Intangible Assets267.00433.00506.00502.00451.00---63.00
Deferred Tax Assets560.00568.00562.00658.00605.00478.00624.00754.00880.00
Other Assets756.00697.00566.00395.00501.00371.00312.00299.00297.00
Total Assets44,242.0043,332.0042,774.0042,570.0041,136.0040,271.0038,881.0037,483.0036,619.00
Short Term Debt Incl. Current Port. of LT Debt775.00679.00626.00220.00245.00446.00302.0018.0019.00
Accounts Payable1,149.001,290.001,237.001,130.00963.00809.001,043.00949.00847.00
Income Tax Payable118.00508.00524.00111.00134.0073.0069.00106.00157.00
Other Current Liabilities1,091.00799.00836.001,010.00891.00691.00737.00842.00871.00
Total Current Liabilities3,133.003,276.003,223.002,471.002,233.002,019.002,151.001,915.001,894.00
Long Term Debt18,644.0018,383.0018,466.0018,384.0016,663.0016,759.0016,486.0014,739.0011,790.00
Provision for Risks Charges464.00482.00478.00480.00563.00573.00607.00619.00689.00
Deferred Tax Liabilities8,474.008,293.008,261.008,227.007,988.007,646.007,585.007,444.007,298.00
Other Liabilities367.00391.00361.00383.00189.00164.00189.00186.00227.00
Total Liabilities31,082.0030,825.0030,789.0029,945.0027,636.0027,161.0027,018.0024,903.0021,898.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity13,155.0012,502.0011,980.0012,615.0013,490.0013,101.0011,848.0012,563.0014,705.00
Total Shareholders Equity13,155.0012,502.0011,980.0012,615.0013,490.0013,101.0011,848.0012,563.0014,705.00
Accumulated Minority Interest5.005.005.0010.0010.009.0015.0017.0016.00
Total Equity13,160.0012,507.0011,985.0012,625.0013,500.0013,110.0011,863.0012,580.0014,721.00
Total Liabilities & Stockholders Equity44,242.0043,332.0042,774.0042,570.0041,136.0040,271.0038,881.0037,483.0036,619.00
Book Value Per Share7.076.586.126.116.135.735.115.125.51
Tangible Book Value Per Share6.936.355.865.865.925.735.115.125.51
Full-Time Employees23,00023,50023,00022,50020,90019,30021,00022,50024,000
Price to Book Ratio6.554.815.735.066.145.284.724.054.52
Return on Assets6.608.048.609.959.296.998.728.9315.06
Return on Equity22.5228.1829.8331.9228.4422.1727.2924.2641.46
Return on Invested Capital9.0911.2412.0513.4412.549.2611.7612.1220.65
Quick Ratio0.690.730.911.421.582.051.401.200.81
Current Ratio0.810.861.041.561.732.201.521.341.01

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income3,581.002,889.003,470.003,668.004,166.003,781.002,765.003,331.003,309.00
Depreciation1,643.001,680.001,658.001,607.001,500.001,420.001,383.001,349.001,331.00
Other Funds (Non Cash)-140.0094.0033.00-41.00-255.00-442.00-67.00-220.00-286.00
Funds from Operations5,250.004,857.005,173.005,360.005,528.004,926.004,261.004,733.004,633.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital352.00-244.0074.00154.0091.00173.002.00117.008.00
Income Taxes Payable195.00-399.00-19.00430.00-39.0072.0039.002.00-104.00
Cash from Operating Activities5,602.004,613.005,247.005,514.005,619.005,099.004,263.004,850.004,641.00
Capital Expenditures-2,389.00-2,902.00-2,529.00-2,257.00-2,133.00-1,791.00-1,626.00-1,657.00-1,745.00
Net Assets From Acquisitions-1.00-16.00-70.00-31.00-227.00-541.000.000.000.00
Sale of Fixed Assets and Businesses158.0078.0066.0088.00246.00529.0056.00254.00319.00
Purchase or Sale of Investments-354.0080.0025.0049.00-50.00-70.00998.00-730.00-231.00
Purchase of Investments-515.000.00-66.00-104.00-59.00-75.00-426.00-2,838.00-736.00
Sale Or Maturity of Investments161.0080.0091.00153.009.005.001,424.002,108.00505.00
Other Uses-50.00-91.00-97.00-76.000.00-4.00-77.000.00-27.00
Other Sources23.000.000.000.0033.000.000.0031.000.00
Cash from Investing Activities-2,613.00-2,851.00-2,605.00-2,227.00-2,131.00-1,877.00-649.00-2,102.00-1,684.00
Cash Dividends Paid-1,021.00-972.00-930.00-882.00-852.00-839.00-797.00-763.00-751.00
Change in Capital Stock-1,173.00-1,396.00-2,237.00-3,482.00-4,731.00-2,886.00-867.00-3,373.00-4,671.00
Repurchase of Common Pref Stock-1,173.00-1,396.00-2,237.00-3,482.00-4,731.00-2,886.00-867.00-3,373.00-4,671.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-311.00287.00-8.00447.001,814.00-426.00255.001,482.002,981.00
Change in Long Term Debt-311.00287.00-8.00447.001,814.00-426.00255.001,482.002,981.00
Issuance of Long Term Debt300.00900.00550.00600.002,000.000.001,000.002,000.003,000.00
Reduction of Long Term Debt-611.00-613.00-558.00-153.00-186.00-426.00-745.00-518.00-19.00
Net Financing Active Other Cash Flow127.0056.00113.0050.000.0039.00-34.006.00-59.00
Other Financing Activities Uses0.000.000.000.000.000.00-34.000.00-59.00
Cash from Financing Activities-2,378.00-2,025.00-3,062.00-3,867.00-3,769.00-4,112.00-1,443.00-2,648.00-2,500.00
Net Change in Cash611.00-263.00-420.00-580.00-281.00-890.002,171.00100.00457.00
Free Cash Flow3,213.001,711.002,718.003,257.003,486.003,308.002,637.003,193.002,896.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow39.3291.8835.0729.3925.1834.3437.8823.7624.94
Deferred Taxes & Investment Tax Credit-194.0012.00126.00117.00167.00180.00273.00279.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1,605.001,390.001,109.00675.00618.00393.00
Short Term Receivables1,485.001,456.001,387.001,298.001,370.001,409.00
Inventories401.00406.00439.00390.00414.00420.00
Other Current Assets142.00156.00176.00187.00109.0083.00
Total Current Assets3,633.003,408.003,111.002,550.002,511.002,305.00
Net Property, Plant & Equipment37,619.0037,424.0037,267.0037,275.0037,004.0036,724.00
Total Investments and Advances2,730.002,688.002,672.002,834.002,625.002,599.00
Intangible Assets258.00261.00264.00267.00270.00437.00
Deferred Tax Assets---560.00--
Other Assets914.00945.00918.00756.00869.00864.00
Total Assets45,154.0044,726.0044,232.0044,242.0043,279.0042,929.00
Short Term Debt Incl. Current Port. of LT Debt1,702.001,702.00710.00775.00608.00616.00
Accounts Payable1,137.001,111.001,115.001,149.001,344.001,273.00
Income Tax Payable205.00188.00294.00118.00164.00156.00
Other Current Liabilities1,265.001,153.001,102.001,091.00850.00938.00
Total Current Liabilities4,309.004,154.003,221.003,133.002,966.002,983.00
Long Term Debt17,594.0017,655.0018,627.0018,644.0019,035.0019,034.00
Provision for Risks Charges294.00300.00300.00464.00311.00304.00
Deferred Tax Liabilities8,030.008,000.007,965.008,474.007,709.007,718.00
Other Liabilities545.00529.00538.00367.00500.00513.00
Total Liabilities30,772.0030,638.0030,651.0031,082.0030,521.0030,552.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity14,376.0014,082.0013,575.0013,155.0012,753.0012,372.00
Total Shareholders Equity14,376.0014,082.0013,575.0013,155.0012,753.0012,372.00
Accumulated Minority Interest6.006.006.005.005.005.00
Total Equity14,382.0014,088.0013,581.0013,160.0012,758.0012,377.00
Total Liabilities & Stockholders Equity45,154.0044,726.0044,232.0044,242.0043,279.0042,929.00
Book Value Per Share7.807.607.317.076.856.64
Tangible Book Value Per Share7.667.467.166.936.706.40
Full-Time Employees21,90022,20022,20023,000--
Price to Book Ratio6.556.515.805.295.355.04
Return on Assets8.107.356.986.606.727.27
Return on Equity26.4024.3723.6922.5222.6024.83
Return on Invested Capital3.293.162.512.262.182.64
Quick Ratio0.750.720.830.690.710.63
Current Ratio0.840.820.970.810.850.77

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income1,052.001,002.00807.00720.00694.00829.00
Depreciation413.00411.00415.00404.00424.00427.00
Other Funds (Non Cash)-57.00-24.00-47.00-12.00156.00-46.00
Funds from Operations1,439.001,422.001,226.001,163.001,418.001,196.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital178.00-95.0046.00223.00-81.00-561.00
Income Taxes Payable16.00-106.00176.00109.00-146.00-537.00
Cash from Operating Activities1,617.001,327.001,272.001,386.001,337.00635.00
Capital Expenditures-593.00-576.00-543.00-677.00-730.00-776.00
Net Assets From Acquisitions0.000.000.00-1.00-1.00-14.00
Sale of Fixed Assets and Businesses7.0073.0064.0014.0015.0026.00
Purchase or Sale of Investments7.00-234.00-135.008.003.002.00
Purchase of Investments0.00-375.00-140.000.000.000.00
Sale Or Maturity of Investments7.00141.005.008.003.002.00
Other Uses0.000.000.00-50.0022.00-45.00
Other Sources-7.00-17.0047.000.000.000.00
Cash from Investing Activities-586.00-754.00-567.00-706.00-691.00-807.00
Cash Dividends Paid-259.00-260.00-260.00-242.00-242.00-243.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-543.00-296.00-222.00-112.00-112.00-421.00
Repurchase of Common Pref Stock-543.00-296.00-222.00-112.00-112.00-421.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1.00-7.00-2.00-301.00-9.00-1.00
Change in Long Term Debt-1.00-7.00-2.00-301.00-9.00-1.00
Issuance of Long Term Debt0.000.000.00300.000.000.00
Reduction of Long Term Debt-1.00-7.00-2.00-601.00-9.00-1.00
Net Financing Active Other Cash Flow-12.0033.0073.0033.00-58.0085.00
Other Financing Activities Uses0.000.000.000.000.004.00
Cash from Financing Activities-815.00-530.00-411.00-622.00-421.00-580.00
Net Change in Cash216.0043.00294.0058.00225.00-752.00
Free Cash Flow1,024.00751.00729.00709.00607.00-141.00
Price to Free Cash Flow39.3249.3183.3591.43111.9957.75

Revenue breakdown

Agricultural and Food Products2024: 1.64B 2025: 1.62B
Automotive2024: 1.23B 2025: 1.18B
Chemicals2024: 2.85B 2025: 2.78B
Coal Services2024: 2.25B 2025: 1.90B
Consolidation, Policy2025: -27.00M
Fertilizers2024: 505.00M 2025: 521.00M
Forest Products2024: 1.05B 2025: 975.00M
Intermodal2024: 2.05B 2025: 2.10B
Metals and Equipment2024: 859.00M 2025: 869.00M
Minerals2024: 772.00M 2025: 832.00M
Other Services2024: 499.00M 2025: 530.00M
Trucking2024: 844.00M 2025: 816.00M
United States2024: 14.54B 2025: 14.09B
Consolidation, Policy2024: -7.00M 2025: -23.00M
Rail2024: 13.70B 2025: 13.28B
Trucking2024: 851.00M 2025: 839.00M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.02%37.2M1840.9M10.47M
2026-10-152.18%40.1M1840.9M11.03M
2026-09-302.32%43.0M1849.9M11.33M
2026-09-152.20%40.8M1849.9M11.53M
2026-08-312.22%41.1M1849.7M11.88M
2026-08-141.86%34.3M1849.6M12.61M
2026-07-311.97%36.4M1849.5M12.97M
2026-07-152.00%37.0M1849.5M12.39M
2026-06-302.10%39.0M1855.1M12.68M
2026-06-152.20%40.8M1853.9M12.66M
2026-05-292.06%38.2M1854.8M12.91M
2026-05-151.82%33.7M1854.9M12.74M
2026-04-302.11%39.1M1855.2M13.02M
2026-04-152.27%42.1M1857.0M13.46M
2026-03-312.18%40.4M1856.2M14.03M
2026-03-131.90%35.3M1856.2M13.54M
2026-02-271.73%32.1M1856.2M13.18M
2026-02-131.67%31.0M1856.2M13.71M
2026-01-301.71%31.8M1858.7M13.36M
2026-01-151.89%35.1M1858.6M12.97M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call30.000.000.0019.88-31.000.00---
call35.000.000.000.00-0.000.00---
call37.000.000.0013.92-4.000.00---
call38.000.000.0013.00-6.000.00---
call39.000.000.0011.84-6.000.00---
call40.000.000.0010.43-1.000.00---
call41.000.000.009.49-15.000.00---
call42.000.000.008.62-15.000.00---
call43.000.000.007.69-15.000.00---
call43.500.000.007.05-13.000.00---
call44.000.000.006.32-7.000.00---
call44.500.000.006.13-2.000.00---
call45.000.000.005.87-5.000.00---
call45.500.000.004.97-3.000.00---
call46.000.000.005.13-8.000.00---
call46.500.000.004.05-3.000.00---
call47.000.000.004.11-48.000.00---
call47.500.000.002.89-3.000.00---
call48.000.000.001.75-9.000.00---
call48.500.000.002.65-69.000.00---
call49.000.000.001.30-47.000.00---
call49.500.000.001.60-63.000.00---
call50.000.000.001.30-49.000.00---
call51.000.000.000.60-2100.00---
call52.000.000.000.50-1,7930.00---
call53.000.000.000.05-62.000.00---
call54.000.000.000.15-8.000.00---
call55.000.000.000.10-1560.00---
call56.000.000.000.05-1310.00---
call57.000.000.000.00-0.000.00---
call58.000.000.000.00-0.000.00---
call59.000.000.000.00-0.000.00---
call60.000.000.000.00-0.000.00---
call61.000.000.000.00-0.000.00---
call62.000.000.000.00-0.000.00---
call63.000.000.000.00-0.000.00---
call64.000.000.000.00-0.000.00---
put30.000.000.000.00-0.000.00---
put35.000.000.000.08-2.000.00---
put37.000.000.000.00-0.000.00---
put38.000.000.000.08-2.000.00---
put39.000.000.000.13-2.000.00---
put40.000.000.000.00-0.000.00---
put41.000.000.000.00-0.000.00---
put42.000.000.000.00-0.000.00---
put43.000.000.000.00-0.000.00---
put43.500.000.000.00-0.000.00---
put44.000.000.000.25-1.000.00---
put44.500.000.000.00-0.000.00---
put45.000.000.000.02-4.000.00---
put45.500.000.000.00-0.000.00---
put46.000.000.000.13-9.000.00---
put46.500.000.000.09-13.000.00---
put47.000.000.000.05-20.000.00---
put47.500.000.000.12-13.000.00---
put48.000.000.000.05-35.000.00---
put48.500.000.000.26-23.000.00---
put49.000.000.000.35-87.000.00---
put49.500.000.000.10-2060.00---
put50.000.000.000.45-56.000.00---
put51.000.000.000.55-87.000.00---
put52.000.000.002.60-64.000.00---
put53.000.000.001.60-11.000.00---
put54.000.000.003.92-0.000.00---
put55.000.000.004.85-7.000.00---
put56.000.000.005.80-8.000.00---
put57.000.000.007.10-2.000.00---
put58.000.000.007.92-2.000.00---
put59.000.000.000.00-0.000.00---
put60.000.000.000.00-0.000.00---
put61.000.000.000.00-0.000.00---
put62.000.000.000.00-0.000.00---
put63.000.000.000.00-0.000.00---
put64.000.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-10-284Statement of changes in beneficial ownership of securities2026-10-26SEC
2026-10-27144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2110-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-218-KCurrent report2026-10-21SEC
2026-10-138-KCurrent report2026-10-12SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-284Statement of changes in beneficial ownership of securities2026-09-25SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-07-274Statement of changes in beneficial ownership of securities2026-07-24SEC
2026-07-274Statement of changes in beneficial ownership of securities2026-07-24SEC
2026-07-24144Filing for proposed sale of securities under Rule 144.SEC
2026-07-24144Filing for proposed sale of securities under Rule 144.SEC
2026-07-2210-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-228-KCurrent report2026-07-22SEC
2026-07-064Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-06-2211-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-2211-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-174Statement of changes in beneficial ownership of securities2026-06-15SEC
2026-06-054Statement of changes in beneficial ownership of securities2026-06-03SEC
2026-06-04144Filing for proposed sale of securities under Rule 144.SEC
2026-06-044Statement of changes in beneficial ownership of securities2026-06-03SEC
2026-06-03144Filing for proposed sale of securities under Rule 144.SEC
2026-06-024Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-05-148-KCurrent report2026-05-12SEC
2026-05-054Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-04-29SCHEDULE 13GSEC
2026-04-2210-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-1000999.18K1
2026-090000
2026-080000
2026-07002.28M2
2026-06006.85M2
2026-050000
2026-040000
2026-031.01M100
2026-02004.96M2
2026-01002.50M1
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.67%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
STATE STREET CORP4.92%
PRICE T ROWE ASSOCIATES INC /MD/3.82%
Invesco Ltd.3.14%
GEODE CAPITAL MANAGEMENT, LLC2.45%
VANGUARD PORTFOLIO MANAGEMENT LLC2.00%
JPMORGAN CHASE & CO1.95%
BANK OF AMERICA CORP /DE/1.81%
Fisher Asset Management, LLC1.53%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
VANGUARD 500 INDEX FUND2.59%
Invesco QQQ Trust, Series 12.12%
iShares Core S&P 500 ETF1.38%
Fidelity 500 Index Fund1.30%
SPDR S&P 500 ETF TRUST1.21%
Bond Fund of America1.08%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND0.96%
VANGUARD VALUE INDEX FUND0.95%
Permanent Portfolio0.81%

OakChart. CSX. Cached 15 minutes.