# CSX Corporation (CSX) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Industrials / Rail & Road Transport. Price $50.72, market value $94.0 billion.

## Valuation
- **P/E (trailing): 26.4×** (5-yr avg 19.2×, 3-yr avg 19.8×). CSX Corporation trades at 26.4× trailing earnings, well above its own five-year average of 19.2×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 21.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 6.3×**. Each dollar of revenue is priced at 6.3×.
- **Price / book: 6.5×**. The shares trade at 6.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 15.9×**. Enterprise value is 15.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 3.4%** (5-yr avg 4.3%). Free cash flow equals 3.4% of the market value, in line with its five-year average of 4.3%.
- **Earnings yield: 3.8%**. The inverse of the P/E: 3.8% of the price is earned each year.

## Profitability
- **Operating margin: 36.4%**. 36.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 20.5%**. 20.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 22.0%**. 22.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 13.4%**. Return on all capital, debt included, is 13.4%.
- **Return on assets: 8.2%**. Each dollar of assets produces 8.2% of profit.

## Growth
- **Revenue growth (1 yr): -3.1%** (3-yr -1.7%/yr, 5-yr 5.9%/yr). Revenue fell 3.1% over the last year, against 5.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -14.0%** (3-yr -7.1%/yr, 5-yr 5.1%/yr). Earnings per share fell 14.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -20.6%/yr**. Free cash flow has compounded at -20.6% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 1.43**. Debt is 1.43 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Current ratio: 0.81** (quick 0.81). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 2.92**. A Z-score of 2.92 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.10%** ($0.55 per share, trailing). CSX Corporation yields 1.10%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 34%** (32% of free cash flow). 34% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 23**. 23 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 8.4%/yr** (1-yr 8.3%). The dividend has grown 8.4% a year over five years.

## Analyst view
- **Analyst consensus: buy** (23 analysts). 23 analysts cover CSX Corporation; the consensus is buy, with an average price target of $53.81 (+6% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 44.8%** (YTD 43.3%, 3-mo 3.6%). The shares are up 44.8% over twelve months including dividends.
- **From 52-week high: -5.4%** (50.8% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 0.37** (volatility 22%). Beta of 0.37 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CSX · Page: https://foliofundamentals.com/stocks/csx

Not investment advice.