CSX vs. UAL: CSX vs. United Airlines Stock Comparison
How do CSX (CSX) and United Airlines (UAL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CSX (CSX) and United Airlines (UAL) both fall under the Transportation industry group, but CSX is classified in Ground Transportation while UAL is classified in Passenger Airlines.
| Profile Item | CSX | UAL |
|---|---|---|
| Name | CSX Corporation | United Airlines Holdings, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Transportation | Transportation |
| GICS Industry | Ground Transportation | Passenger Airlines |
| GICS Sub-Industry | Rail Transportation | Passenger Airlines |
| Market Capitalization | 90.99 billion USD | 36.63 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | November 3, 1980 | February 6, 2006 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CSX | UAL |
|---|---|---|
| Total Return (1Y) | 42.93% | 22.35% |
| Total Return (3Y, Annualized) | 19.91% | 47.27% |
| Total Return (5Y, Annualized) | 8.47% | 17.68% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CSX | UAL |
|---|---|---|
| Volatility (1Y, Annualized) | 23.05% | 48.88% |
| Beta (5Y) | 1.12 | 1.32 |
| Max Drawdown (5Y) | -29.44% | -49.19% |
| Avg. Volume (3M) | 10.64M | 4.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CSX | UAL |
|---|---|---|
| Sharpe Ratio (1Y) | 1.68 | 0.37 |
| Sortino Ratio (1Y) | 2.74 | 0.59 |
Profitability
ROE (TTM)
Both CSX (CSX) at 26.39% and United Airlines (UAL) at 22.31% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CSX
Transportation industry group
26.39%
- Max
- 45.08%
- CSX
- 26.39%
- Q3
- 22.02%
- Median
- 13.94%
- Q1
- 2.89%
- Min
- -10.45%
UAL
Transportation industry group
22.31%
- Max
- 45.08%
- UAL
- 22.31%
- Q3
- 22.02%
- Median
- 13.94%
- Q1
- 2.89%
- Min
- -10.45%
Net Margin (TTM)
CSX (CSX) at 23.97% retains a top-quartile share of revenue as profit, ahead of United Airlines (UAL) at 5.46%, which keeps about the industry-typical share.
CSX
Transportation industry group
23.97%
- Max
- 50.36%
- CSX
- 23.97%
- Q3
- 21.18%
- Median
- 5.58%
- Q1
- 1.55%
- Min
- -11.37%
UAL
Transportation industry group
5.46%
- Max
- 50.36%
- Q3
- 21.18%
- Median
- 5.58%
- UAL
- 5.46%
- Q1
- 1.55%
- Min
- -11.37%
Operating Margin (TTM)
CSX (CSX) at 39.26% operates in the top operating margin quartile, ahead of United Airlines (UAL) at 7.03%, which runs around its industry’s norm.
CSX
Transportation industry group
39.26%
- Max
- 59.18%
- CSX
- 39.26%
- Q3
- 29.30%
- Median
- 11.50%
- Q1
- 4.62%
- Min
- -8.91%
UAL
Transportation industry group
7.03%
- Max
- 59.18%
- Q3
- 29.30%
- Median
- 11.50%
- UAL
- 7.03%
- Q1
- 4.62%
- Min
- -8.91%
Profitability Metrics
| Metric | CSX | UAL |
|---|---|---|
| ROE (TTM) | 26.39% | 22.31% |
| ROA (TTM) | 7.77% | 3.31% |
| Net Margin (TTM) | 23.97% | 5.46% |
| Operating Margin (TTM) | 39.26% | 7.03% |
| Gross Margin (TTM) | 47.78% | 30.87% |
Growth
Revenue Growth
United Airlines (UAL) at 3.52% is around its peer norm for revenue growth, while CSX (CSX) at -3.08% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both CSX (CSX) at -13.97% and United Airlines (UAL) at 7.94% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CSX | UAL |
|---|---|---|
| Revenue Growth (YoY) | -3.08% | 3.52% |
| Revenue Growth (3Y CAGR) | -1.74% | 9.53% |
| EPS Growth (YoY) | -13.97% | 7.94% |
| EPS Growth (3Y CAGR) | -7.57% | 66.00% |
Financial Strength
Current Ratio (MRQ)
CSX (CSX) at 0.84 keeps current ratio within its industry’s typical mid-range, while United Airlines (UAL) at 0.75 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for UAL.
CSX
Transportation industry group
0.84
- Max
- 2.58
- Q3
- 1.62
- Median
- 1.16
- CSX
- 0.84
- Q1
- 0.78
- Min
- 0.22
UAL
Transportation industry group
0.75
- Max
- 2.58
- Q3
- 1.62
- Median
- 1.16
- Q1
- 0.78
- UAL
- 0.75
- Min
- 0.22
Debt / Equity (MRQ)
CSX (CSX) at 1.35 carries an industry-typical debt-to-equity mix, while United Airlines (UAL) at 1.93 uses more debt funding than most peers.
CSX
Transportation industry group
1.35
- Max
- 2.75
- Q3
- 1.37
- CSX
- 1.35
- Median
- 0.78
- Q1
- 0.35
- Min
- 0.00
UAL
Transportation industry group
1.93
- Max
- 2.75
- UAL
- 1.93
- Q3
- 1.37
- Median
- 0.78
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | CSX | UAL |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 0.75 |
| Debt / Equity (MRQ) | 1.35 | 1.93 |
| Net Debt / EBITDA | 2.50 | 2.79 |
Dividends
Dividend Yield (TTM)
United Airlines (UAL) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile CSX (CSX) reports a yield of 1.08%, ranking against industry peers normally.
CSX
Transportation industry group
1.08%
- Max
- 4.68%
- Q3
- 1.99%
- CSX
- 1.08%
- Median
- 0.74%
- Q1
- 0.00%
- Min
- 0.00%
UAL
Transportation industry group
0.00%
- Max
- 4.68%
- Q3
- 1.99%
- Median
- 0.74%
- UAL
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
United Airlines (UAL) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile CSX (CSX) reports a payout of 28.65%, ranking against industry peers normally.
CSX
Transportation industry group
28.65%
- Max
- 100.89%
- Q3
- 41.68%
- CSX
- 28.65%
- Median
- 20.43%
- Q1
- 0.00%
- Min
- 0.00%
UAL
Transportation industry group
0.00%
- Max
- 100.89%
- Q3
- 41.68%
- Median
- 20.43%
- UAL
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CSX | UAL |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 0.00% |
| Dividend Payout Ratio (TTM) | 28.65% | 0.00% |
Valuation
P/E Ratio (TTM)
United Airlines (UAL) at 10.32 sits in the cheaper P/E ratio quartile, while CSX (CSX) at 25.58 is closer to its industry’s usual earnings multiple — a discount for UAL, though growth and earnings durability still matter.
CSX
Transportation industry group
25.58
- Max
- 46.76
- Q3
- 30.87
- CSX
- 25.58
- Median
- 20.58
- Q1
- 10.44
- Min
- 0.00
UAL
Transportation industry group
10.32
- Max
- 46.76
- Q3
- 30.87
- Median
- 20.58
- Q1
- 10.44
- UAL
- 10.32
- Min
- 0.00
P/S Ratio (TTM)
United Airlines (UAL) at 0.56 prices around its industry’s typical P/S ratio, while CSX (CSX) at 6.09 clears its benchmark range — CSX looks notably rich on sales.
CSX
Transportation industry group
6.09
- CSX
- 6.09
- Max
- 4.35
- Q3
- 2.07
- Median
- 0.93
- Q1
- 0.53
- Min
- 0.04
UAL
Transportation industry group
0.56
- Max
- 4.35
- Q3
- 2.07
- Median
- 0.93
- UAL
- 0.56
- Q1
- 0.53
- Min
- 0.04
P/B Ratio (MRQ)
United Airlines (UAL) at 2.06 is valued about in line with its industry on P/B ratio, while CSX (CSX) at 6.29 carries an above-peer premium to book — CSX is pricier on assets.
CSX
Transportation industry group
6.29
- CSX
- 6.29
- Max
- 6.29
- Q3
- 3.39
- Median
- 1.90
- Q1
- 1.03
- Min
- -2.07
UAL
Transportation industry group
2.06
- Max
- 6.29
- Q3
- 3.39
- UAL
- 2.06
- Median
- 1.90
- Q1
- 1.03
- Min
- -2.07
Valuation Metrics
| Metric | CSX | UAL |
|---|---|---|
| P/E Ratio (TTM) | 25.58 | 10.32 |
| P/S Ratio (TTM) | 6.09 | 0.56 |
| P/B Ratio (MRQ) | 6.29 | 2.06 |
| Free Cash Flow Yield (TTM) | 2.66% | -1.57% |