CSX (CSX) Stock Analysis

July 23, 2026

This is a peer-relative look at CSX (CSX): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Transportation peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for CSX (CSX)
Profile Item	CSX
Name	CSX Corporation
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Transportation
GICS Industry	Ground Transportation
GICS Sub-Industry	Rail Transportation
Market Capitalization	92.70 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	November 3, 1980
Security Type	Common Stock

Price Performance

Cumulative Growth

CSX

GSPC

CSX (CSX) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for CSX (CSX) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for CSX (CSX) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
Total Return (1Y)	47.25%	42.28%
Total Return (3Y, Annualized)	17.07%	10.91%
Total Return (5Y, Annualized)	11.08%	10.49%

Risk Profile

Drawdown History

CSX

GSPC

CSX (CSX) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for CSX (CSX) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
Volatility (1Y, Annualized)	22.35%	39.94%
Beta (5Y)	1.21	1.14
Max Drawdown (5Y)	-29.44%	-52.03%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. CSX is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
Sharpe Ratio (1Y)	1.93	1.03
Sortino Ratio (1Y)	3.04	1.53

Profitability

ROE (TTM)

CSX (CSX) posts ROE of 23.68%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

CSX

Transportation industry group

23.68%

Group distribution

Max: 43.37%
CSX: 23.68%
Q3: 19.94%
Median: 10.23%
Q1: 1.86%
Min: -18.53%

Largest peers

UNP: 40.69%
UBER: 35.31%
UPS: 33.35%
CSX: 23.68%
CNI: 21.85%
FDX: 14.85%
CP: 8.43%

Where CSX (CSX) stands on ROE within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

CSX (CSX) keeps 21.55% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

CSX

Transportation industry group

21.55%

Group distribution

Max: 43.82%
CSX: 21.55%
Q3: 18.75%
Median: 5.20%
Q1: 0.62%
Min: -9.62%

Largest peers

UNP: 29.20%
CNI: 27.23%
CP: 27.21%
CSX: 21.55%
UBER: 15.91%
UPS: 5.94%
FDX: 4.68%

Where CSX (CSX) stands on net margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

CSX (CSX) turns 36.16% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

CSX

Transportation industry group

36.16%

Group distribution

Max: 54.53%
CSX: 36.16%
Q3: 24.38%
Median: 7.26%
Q1: 1.31%
Min: -33.27%

Largest peers

UNP: 40.36%
CNI: 38.41%
CP: 37.56%
CSX: 36.16%
UBER: 14.57%
FDX: 11.13%
UPS: 6.33%

Where CSX (CSX) stands on operating margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
ROE (TTM)	23.68%	10.23%
ROA (TTM)	7.08%	3.47%
Net Margin (TTM)	21.55%	5.20%
Operating Margin (TTM)	36.16%	7.26%
Gross Margin (TTM)	46.82%	27.62%

Growth

Revenue Growth

CSX (CSX) grew revenue -3.08%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.

CSX (CSX): Revenue Growth across different time periods, set against Transportation industry-group medians.

EPS Growth

CSX (CSX) grew earnings per share -13.97%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

CSX (CSX): EPS Growth across different time periods, set against Transportation industry-group medians.

Growth Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
Revenue Growth (YoY)	-3.08%	2.11%
Revenue Growth (3Y CAGR)	-1.74%	1.62%
EPS Growth (YoY)	-13.97%	-6.71%
EPS Growth (3Y CAGR)	-7.57%	-7.47%

Financial Strength

Current Ratio (MRQ)

CSX (CSX) has current ratio of 0.97, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

CSX

Transportation industry group

0.97

Group distribution

Max: 2.26
Q3: 1.59
Median: 1.12
CSX: 0.97
Q1: 0.78
Min: 0.30

Largest peers

FDX: 1.48
UPS: 1.21
UBER: 1.07
CSX: 0.97
UNP: 0.92
CP: 0.67
CNI: 0.67

Where CSX (CSX) stands on current ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

CSX (CSX) has debt-to-equity ratio of 1.43, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

CSX

Transportation industry group

1.43

Group distribution

Max: 3.37
Q3: 1.62
CSX: 1.43
Median: 0.84
Q1: 0.36
Min: 0.00

Largest peers

UPS: 1.82
UNP: 1.62
CSX: 1.43
FDX: 1.36
CNI: 1.06
CP: 0.51
UBER: 0.48

Where CSX (CSX) stands on debt-to-equity ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
Current Ratio (MRQ)	0.97	1.12
Debt / Equity (MRQ)	1.43	0.84
Net Debt / EBITDA	2.77	2.41

Dividends

Dividend Yield (TTM)

CSX (CSX) has dividend yield of 1.06%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

CSX

Transportation industry group

1.06%

Group distribution

Max: 4.23%
Q3: 1.79%
CSX: 1.06%
Median: 0.55%
Q1: 0.00%
Min: 0.00%

Largest peers

UPS: 5.80%
CNI: 2.82%
UNP: 1.85%
CSX: 1.06%
CP: 1.00%
UBER: 0.00%
FDX: 0.00%

Where CSX (CSX) stands on dividend yield within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

CSX (CSX) has payout ratio of 32.52%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

CSX

Transportation industry group

32.52%

Group distribution

Max: 106.15%
Q3: 44.94%
CSX: 32.52%
Median: 20.02%
Q1: 0.00%
Min: 0.00%

Largest peers

UPS: 106.15%
CNI: 47.13%
UNP: 45.10%
CSX: 32.52%
FDX: 31.27%
CP: 20.36%
UBER: 0.00%

Where CSX (CSX) stands on payout ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
Dividend Yield (TTM)	1.06%	0.55%
Dividend Payout Ratio (TTM)	32.52%	20.02%

Valuation

P/E Ratio (TTM)

CSX (CSX) trades at P/E ratio of 30.80, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

CSX

Transportation industry group

30.80

Group distribution

Max: 94.71
Q3: 46.51
CSX: 30.80
Median: 23.58
Q1: 14.12
Min: 1.16

Largest peers

CSX: 30.80
CP: 29.03
UNP: 24.39
CNI: 23.71
UPS: 18.32
UBER: 17.93
FDX: 16.50

Where CSX (CSX) stands on P/E ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

CSX (CSX) trades at 6.55 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.

CSX

Transportation industry group

6.55

Group distribution

CSX: 6.55
Max: 4.46
Q3: 2.30
Median: 1.35
Q1: 0.62
Min: 0.07

Largest peers

UNP: 7.05
CSX: 6.55
CP: 5.40
CNI: 4.46
UBER: 2.71
UPS: 1.12
FDX: 0.79

Where CSX (CSX) stands on P/S ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

CSX (CSX) trades at 6.83 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

CSX

Transportation industry group

6.83

Group distribution

Max: 9.10
CSX: 6.83
Q3: 4.59
Median: 2.21
Q1: 1.23
Min: -2.48

Largest peers

UNP: 8.96
CSX: 6.83
UPS: 6.09
UBER: 5.89
CNI: 5.06
CP: 2.46
FDX: 2.40

Where CSX (CSX) stands on P/B ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

CSX (CSX) metric values compared with Transportation industry-group medians
Metric	Current stock: CSX	Industry group median
P/E Ratio (TTM)	30.80	23.58
P/S Ratio (TTM)	6.55	1.35
P/B Ratio (MRQ)	6.83	2.21
Free Cash Flow Yield (TTM)	1.22%	2.46%