The Filings Report

CSX Corporation

CSXNasdaqCIK 277948Industrials / Railroads & Rail Equipmentfiscal year ends December75 quarters since 2008

Revenue, Q3 FY2026
$4.0B
+12.0% on Q3 FY2025
Net income
$1.1B
+51.6% on Q3 FY2025
Free cash flow
$1.0B
+68.7% on Q3 FY2025
Diluted EPS
$0.57
+54.1% on Q3 FY2025
Revenue, TTM
$14.9B
trailing four quarters
Net margin, TTM
24.0%
net income $3.6B
Free cash flow, TTM
$3.2B
$5.6B less $2.4B capex
Cash and equivalents
—
long-term debt —, Sep 30, 2026
Shares, 12-month change
−1.0%
1.84B shares, Sep 30, 2026
Buybacks, TTM
$1.2B
1.2% of market value
Dividends, TTM
$1.0B
1.1% of market value
Market value
$95.8B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 21, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, CSX Corporation reported revenue of $4.0B, +12.0% on Q3 FY2025, and net income of $1.1B (+51.6%). Operating margin was 39.1%. Free cash flow, operating cash flow less capital expenditures, was $1.0B ($1.6B less $593M). Diluted earnings per share were $0.57.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 21, 2026.

Revenue and net incomeRevenueNet income
$0$2B$4B$6BQ4'22, Revenue: $3.7BQ4'22, Net income: $966MQ4'22Q1'23, Revenue: $3.7BQ1'23, Net income: $974MQ1'23Q2'23, Revenue: $3.7BQ2'23, Net income: $984MQ2'23Q3'23, Revenue: $3.6BQ3'23, Net income: $828MQ3'23Q4'23, Revenue: $3.7BQ4'23, Net income: $882MQ4'23Q1'24, Revenue: $3.7BQ1'24, Net income: $880MQ1'24Q2'24, Revenue: $3.7BQ2'24, Net income: $963MQ2'24Q3'24, Revenue: $3.6BQ3'24, Net income: $894MQ3'24Q4'24, Revenue: $3.5BQ4'24, Net income: $733MQ4'24Q1'25, Revenue: $3.4BQ1'25, Net income: $646MQ1'25Q2'25, Revenue: $3.6BQ2'25, Net income: $829MQ2'25Q3'25, Revenue: $3.6BQ3'25, Net income: $694MQ3'25Q4'25, Revenue: $3.5BQ4'25, Net income: $720MQ4'25Q1'26, Revenue: $3.5BQ1'26, Net income: $807MQ1'26Q2'26, Revenue: $3.9BQ2'26, Net income: $1.0BQ2'26Q3'26, Revenue: $4.0BQ3'26, Net income: $1.1BQ3'26$0$2B$4B$6BQ4'22, Revenue: $3.7BQ4'22, Net income: $966MQ1'23, Revenue: $3.7BQ1'23, Net income: $974MQ1'23Q2'23, Revenue: $3.7BQ2'23, Net income: $984MQ3'23, Revenue: $3.6BQ3'23, Net income: $828MQ3'23Q4'23, Revenue: $3.7BQ4'23, Net income: $882MQ1'24, Revenue: $3.7BQ1'24, Net income: $880MQ1'24Q2'24, Revenue: $3.7BQ2'24, Net income: $963MQ3'24, Revenue: $3.6BQ3'24, Net income: $894MQ3'24Q4'24, Revenue: $3.5BQ4'24, Net income: $733MQ1'25, Revenue: $3.4BQ1'25, Net income: $646MQ1'25Q2'25, Revenue: $3.6BQ2'25, Net income: $829MQ3'25, Revenue: $3.6BQ3'25, Net income: $694MQ3'25Q4'25, Revenue: $3.5BQ4'25, Net income: $720MQ1'26, Revenue: $3.5BQ1'26, Net income: $807MQ1'26Q2'26, Revenue: $3.9BQ2'26, Net income: $1.0BQ3'26, Revenue: $4.0BQ3'26, Net income: $1.1BQ3'26

Net income losses drawn in red.

Free cash flow
−$500M$0$500M$1.0B$1.5BQ4'22, Free cash flow: $595MQ4'22Q1'23, Free cash flow: $824MQ1'23Q2'23, Free cash flow: $652MQ2'23Q3'23, Free cash flow: $978MQ3'23Q4'23, Free cash flow: $803MQ4'23Q1'24, Free cash flow: $549MQ1'24Q2'24, Free cash flow: $558MQ2'24Q3'24, Free cash flow: $1.1BQ3'24Q4'24, Free cash flow: $550MQ4'24Q1'25, Free cash flow: $536MQ1'25Q2'25, Free cash flow: −$141MQ2'25Q3'25, Free cash flow: $607MQ3'25Q4'25, Free cash flow: $709MQ4'25Q1'26, Free cash flow: $729MQ1'26Q2'26, Free cash flow: $751MQ2'26Q3'26, Free cash flow: $1.0BQ3'26−$500M$0$500M$1.0B$1.5BQ4'22, Free cash flow: $595MQ1'23, Free cash flow: $824MQ1'23Q2'23, Free cash flow: $652MQ3'23, Free cash flow: $978MQ3'23Q4'23, Free cash flow: $803MQ1'24, Free cash flow: $549MQ1'24Q2'24, Free cash flow: $558MQ3'24, Free cash flow: $1.1BQ3'24Q4'24, Free cash flow: $550MQ1'25, Free cash flow: $536MQ1'25Q2'25, Free cash flow: −$141MQ3'25, Free cash flow: $607MQ3'25Q4'25, Free cash flow: $709MQ1'26, Free cash flow: $729MQ1'26Q2'26, Free cash flow: $751MQ3'26, Free cash flow: $1.0BQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5B$2.0BQ4'22, Cash and equivalents: $2.0BQ4'22Q1'23Q2'23Q3'23Q4'23Q1'24Q2'24Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26$0$500M$1.0B$1.5B$2.0BQ4'22, Cash and equivalents: $2.0BQ1'23Q3'23Q1'24Q3'24Q1'25Q3'25Q1'26Q3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 21, 2026.

CSX Corporation income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 21, 2026Q2 FY2026ended Jun 30, 2026filed Jul 22, 2026Q1 FY2026ended Mar 31, 2026filed Apr 22, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 16, 2025Q2 FY2025ended Jun 30, 2025filed Jul 23, 2025Q1 FY2025ended Mar 31, 2025filed Apr 16, 2025Q4 FY2024ended Dec 31, 2024filed Feb 27, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue4,0173,9353,4823,5083,5873,5743,4233,539+12.0%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative—————————
Operating income1,5701,5061,2531,1101,0871,2831,0411,106+44.4%
Other income (expense)21252323212226370.0%
Pretax income1,3841,3201,0639208981,093858936+54.1%
Income tax332318256200204264212203+62.7%
Net income1,0521,002807720694829646733+51.6%
Diluted EPS ($)0.570.540.43—0.370.440.34—+54.1%
Diluted shares (millions)1,8531,8591,862—1,8671,8691,892——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 21, 2026.

CSX Corporation balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 21, 2026Q2 FY2026ended Jun 30, 2026filed Jul 22, 2026Q1 FY2026ended Mar 31, 2026filed Apr 22, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 16, 2025Q2 FY2025ended Jun 30, 2025filed Jul 23, 2025Q1 FY2025ended Mar 31, 2025filed Apr 16, 2025Q4 FY2024ended Dec 31, 2024filed Feb 27, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents—————————
Short-term investments382383145566872+6266.7%
Total current assets3,6333,4083,1112,5502,5112,3053,0202,820+44.7%
Total assets45,15444,72644,23243,68243,27942,92943,19942,764+4.3%
Total current liabilities4,3094,1543,2213,1332,9662,9833,4213,276+45.3%
Long-term debt—————————
Total liabilities30,77230,63830,65130,52230,52130,55231,02430,257+0.8%
Stockholders’ equity14,38214,08813,58113,16012,75812,37712,17512,507+12.7%
Shares outstanding (millions)1,8431,8521,8581,8601,8621,8641,8791,895—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 21, 2026.

CSX Corporation cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 21, 2026Q2 FY2026ended Jun 30, 2026filed Jul 22, 2026Q1 FY2026ended Mar 31, 2026filed Apr 22, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 16, 2025Q2 FY2025ended Jun 30, 2025filed Jul 23, 2025Q1 FY2025ended Mar 31, 2025filed Apr 16, 2025Q4 FY2024ended Dec 31, 2024filed Feb 27, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow1,6171,3271,2721,3861,3376351,2551,388+20.9%
Capital expenditures593576543677730776719838−18.8%
Free cash flow (CFO − capex)1,024751729709607(141)536550+68.7%
Depreciation and amortization413411415404424427425422−2.6%
Share repurchases5432962221121124217511,025+384.8%
Dividends paid259260260242242243245230+7.0%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 12, 2026.

Income statement

CSX Corporation income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 27, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 16, 2022FY2020ended Dec 31, 2020filed Feb 10, 2021FY2019ended Dec 31, 2019filed Feb 12, 2020FY2018ended Dec 31, 2018filed Feb 6, 2019FY2017ended Dec 31, 2017filed Feb 7, 2018FY2016ended Dec 30, 2016filed Feb 14, 2017FY2015ended Dec 25, 2015filed Feb 10, 2016FY2014ended Dec 26, 2014filed Feb 11, 2015FY2013ended Dec 27, 2013filed Feb 12, 2014FY2012ended Dec 28, 2012filed Feb 19, 2013FY2011ended Dec 30, 2011filed Feb 21, 2012FY2010ended Dec 31, 2010filed Feb 18, 2011FY2009ended Dec 25, 2009filed Feb 19, 2010FY2008ended Dec 26, 2008filed Apr 15, 2009FY2007ended Dec 28, 2007filed Jul 15, 2009
Revenue14,09214,54014,65714,85312,52210,58311,93712,25011,40811,06911,81112,66912,02611,76311,79510,6369,041——
Cost of revenue———————————————————
Gross profit———————————————————
Research and development———————————————————
Selling, general and administrative———————————————————
Operating income4,5215,2455,4995,9545,5944,3624,9654,8693,7203,4133,5843,6133,4733,4643,4703,0712,2702,7512,260
Other income (expense)9214213913379198874532298(8)1173223234100105
Pretax income3,7694,5554,8295,3454,9513,6274,3164,3043,1422,7413,1383,0442,9222,9712,9402,5461,746——
Income tax8801,0851,1611,2311,170862985995(2,329)1,0271,1701,1171,0581,1081,086983618847(712)
Net income2,8893,4703,6684,1143,7812,7653,3313,3095,4711,7141,9681,9271,8641,8631,8541,5631,1431,3551,336
Diluted EPS ($)1.541.791.821.921.681.201.391.28*2.00*0.60*0.67*0.64*0.61*0.60*0.57*0.45*0.32*0.37*0.33*
Diluted shares (millions)1,8731,9432,0132,1412,2552,3052,3952,583*2,742*2,844*2,952*3,006*3,057*3,120*3,267*3,462*3,561*3,678*4,035*

Balance sheet

CSX Corporation balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 27, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 16, 2022FY2020ended Dec 31, 2020filed Feb 10, 2021FY2019ended Dec 31, 2019filed Feb 12, 2020FY2018ended Dec 31, 2018filed Feb 6, 2019FY2017ended Dec 31, 2017filed Feb 7, 2018FY2016ended Dec 30, 2016filed Feb 14, 2017FY2015ended Dec 25, 2015filed Feb 10, 2016FY2014ended Dec 26, 2014filed Feb 11, 2015FY2013ended Dec 27, 2013filed Feb 12, 2014FY2012ended Dec 28, 2012filed Feb 19, 2013FY2011ended Dec 30, 2011filed Feb 21, 2012FY2010ended Dec 31, 2010filed Feb 18, 2011FY2009ended Dec 25, 2009filed Feb 19, 2010FY2008ended Dec 26, 2008filed Apr 15, 2009FY2007ended Dec 28, 2007filed Jul 15, 2009
Cash and equivalents———1,9582,2393,1299588584016036286695927847831,2921,029669368
Short-term investments5728312977299625318417810292487587523546176—
Total current assets2,5502,8203,3593,8073,8734,4413,2782,5651,9152,4872,8402,5722,6022,9532,9532,8552,5702,391—
Total assets43,68242,76442,20041,68240,53139,79338,25736,72935,73935,41434,74533,05331,78230,72329,49128,14126,88726,288—
Total current liabilities3,1333,2763,2232,4462,2332,0192,1511,9151,8942,0401,9522,1072,4242,6452,5752,5371,8652,404—
Long-term debt—————————————9,8329,2418,6648,008——
Total liabilities30,52230,25730,22729,21327,03126,68326,39424,14921,01823,72023,07721,87721,27821,58720,89319,44118,11918,220—
Stockholders’ equity13,16012,50711,98512,46913,45113,11011,86312,58014,72111,69411,66811,17610,5049,1368,5988,7988,7687,9858,633
Shares outstanding (millions)1,8601,8951,9592,0632,1932,288*2,321*2,447*2,662*2,779*2,889*2,972*3,023*3,062*3,157*—3,510*3,523*—

Cash flow statement

CSX Corporation cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 27, 2025FY2023ended Dec 31, 2023filed Feb 14, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 16, 2022FY2020ended Dec 31, 2020filed Feb 10, 2021FY2019ended Dec 31, 2019filed Feb 12, 2020FY2018ended Dec 31, 2018filed Feb 6, 2019FY2017ended Dec 31, 2017filed Feb 7, 2018FY2016ended Dec 30, 2016filed Feb 14, 2017FY2015ended Dec 25, 2015filed Feb 10, 2016FY2014ended Dec 26, 2014filed Feb 11, 2015FY2013ended Dec 27, 2013filed Feb 12, 2014FY2012ended Dec 28, 2012filed Feb 19, 2013FY2011ended Dec 30, 2011filed Feb 21, 2012FY2010ended Dec 31, 2010filed Feb 18, 2011FY2009ended Dec 25, 2009filed Feb 19, 2010FY2008ended Dec 26, 2008filed Apr 15, 2009FY2007ended Dec 28, 2007filed Jul 15, 2009
Operating cash flow4,6135,2475,5145,5265,0994,2634,8504,6413,4723,0413,3703,3433,2672,9463,4913,2612,0392,8932,184
Capital expenditures2,9022,5292,2572,1131,7911,6261,6571,7452,0402,3982,5622,4492,3132,3412,2971,8401,4261,719(1,773)
Free cash flow (CFO − capex)1,7112,7183,2573,4133,3082,6373,1932,8961,4326438088949546051,1941,4216131,1743,957
Depreciation and amortization1,6801,6581,6071,5021,4201,383—————————————
Share repurchases1,3962,2373,4824,7312,8868673,3734,6711,9701,0568045173537341,564————
Dividends paid972930882852839797763751708680686629600558480372345308(231)

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$999K
1 sales by 1 insider; officers and directors $999K
Bought, twelve months
$1M
1 purchases by 1 insider; officers and directors $1M
Sold, twelve months
$18M
8 sales by 6 insiders; officers and directors $18M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 26, 2026Zillmer John JDirectoropen-market sale19,500$51.24$999K334,214Oct 28, 2026
Sep 25, 2026Cory Michael A.EVP & COOtax withholding12,611$46.78$590K85,150Sep 28, 2026
Sep 15, 2026Whisler J StevenDirectorawardindirect771$48.66$38K98,377Sep 17, 2026
Jul 24, 2026Williams Angela CVP & Chief Accounting Officeropen-market sale30,000$53.29$2M10,437Jul 27, 2026
Jul 24, 2026Burns Michael S.SVP - CLO & Corp Secyoption exercise13,000$26.50$345K72,643Jul 27, 2026
Jul 24, 2026Burns Michael S.SVP - CLO & Corp Secyopen-market sale13,000$52.68$685K59,643Jul 27, 2026
Jun 15, 2026Whisler J StevenDirectorawardindirect791$47.39$37K97,326Jun 17, 2026
Jun 3, 2026Boone Kevin S.EVP & CFOoption exercise13,455$22.70$305K222,077Jun 5, 2026
Jun 3, 2026Boone Kevin S.EVP & CFOoption exercise123,253$23.48$3M345,330Jun 5, 2026
Jun 3, 2026Boone Kevin S.EVP & CFOopen-market sale136,708$46.70$6M208,622Jun 5, 2026
Jun 3, 2026Zillmer John JDirectoropen-market sale10,000$46.45$465K353,714Jun 4, 2026
Mar 13, 2026Whisler J StevenDirectorawardindirect954$39.30$37K95,929Mar 16, 2026
Mar 6, 2026Angel Stephen FPresident & CEO, Directoropen-market buy25,000$40.27$1M146,540Mar 6, 2026
Mar 2, 2026Zillmer John JDirectorgift5,850$0.00—363,714Mar 4, 2026
Feb 26, 2026Moffett David MDirectorawardindirect4,455$0.00—70,568Mar 2, 2026
Feb 26, 2026Zillmer John JDirectoraward4,455$0.00—363,702Mar 2, 2026
Feb 26, 2026Zillmer John JDirectoraward5,862$0.00—369,564Mar 2, 2026
Feb 26, 2026Hilal Paul CDirectoraward4,455$0.00—22,739Mar 2, 2026
Feb 26, 2026Williams Angela CVP & Chief Accounting Officeraward1,876$0.00—40,371Mar 2, 2026
Feb 26, 2026Kenney Maryclare T.SVP & CCOaward9,379$0.00—15,922Mar 2, 2026
Feb 26, 2026Fortune StephenEVP - CD & TOaward10,903$0.00—87,772Mar 2, 2026
Feb 26, 2026Cory Michael A.EVP & COOaward15,241$0.00—95,991Mar 2, 2026
Feb 26, 2026Chand M RizwanCHROaward11,724$0.00—11,724Mar 2, 2026
Feb 26, 2026Burns Michael S.SVP - CLO & Corp Secyaward8,207$0.00—58,981Mar 2, 2026
Feb 26, 2026Boone Kevin S.EVP & CFOaward15,241$0.00—208,622Mar 2, 2026

Full insider history for CSX Corporation, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
CSX CORPORATION, CIK 277948 on EDGAR
Extract generated
October 22, 2026
Withheld
2 line-years whose four quarters do not sum to the filed year: income tax FY2008, other income FY2008
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: other income FY2020
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, SalesRevenueNet
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: not filed
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense, OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: ShortTermInvestments
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated October 22, 2026.

JSON file
/data/financials/CSX.json