Financial Statements — CSX
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 1.01 | 0.96 | 0.61 | 0.39 | 1.14 | 1.64 | 1.24 | 1.48 | 1.36 | 0.96 | 1.29 | 2.31 | 0.72 | 1.94 | 2.18 | 2.99 | 2.96 |
| Short-term Investments | 0.38 | 0.14 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.08 | 0.08 | 0.18 | 0.09 | 0.09 | 0.10 | -- | 0.00 | 0.00 |
| Accounts Receivable | 1.46 | 1.39 | 1.37 | 1.41 | 1.35 | 1.41 | 1.43 | 1.40 | 1.40 | 1.33 | 1.38 | 1.47 | 1.49 | 1.28 | 1.33 | 1.19 | 0.96 |
| Total Current Assets | 3.41 | 3.11 | 2.51 | 2.31 | 3.02 | 3.58 | 3.18 | 3.47 | 3.36 | 2.91 | 3.36 | 4.31 | 2.78 | 3.76 | 3.90 | 4.57 | 4.31 |
| Property, Plant & Equipment | 36.95 | 36.82 | 36.53 | 36.25 | 35.86 | 35.17 | 34.95 | 35.06 | 34.66 | 34.48 | 34.29 | 33.96 | 33.64 | 32.98 | 32.81 | 32.49 | 32.40 |
| Goodwill | -- | -- | 0.08 | -- | -- | -- | -- | -- | -- | -- | -- | 0.35 | 0.38 | -- | -- | -- | -- |
| Intangible Assets | -- | -- | 0.19 | -- | -- | -- | -- | -- | -- | -- | -- | 0.19 | 0.18 | -- | -- | -- | -- |
| Total Non-current Assets* | 41.32 | 41.12 | 40.77 | 40.62 | 40.18 | 39.49 | 39.18 | 39.22 | 38.49 | 38.31 | 38.12 | 37.93 | 37.58 | 36.70 | 36.23 | 35.44 | 35.39 |
| Total Assets | 44.73 | 44.23 | 43.28 | 42.93 | 43.20 | 43.07 | 42.36 | 42.70 | 41.85 | 41.22 | 41.48 | 42.24 | 40.37 | 40.45 | 40.13 | 40.02 | 39.69 |
| Accounts Payable | 1.11 | 1.12 | 1.34 | 1.27 | 1.32 | 1.30 | 1.19 | 1.31 | 1.20 | 1.12 | 1.20 | 1.15 | 1.06 | 1.05 | 0.97 | 0.88 | 0.86 |
| Total Current Liabilities | 4.15 | 3.22 | 2.97 | 2.98 | 3.42 | 2.57 | 2.74 | 3.02 | 2.93 | 2.06 | 2.32 | 2.51 | 2.39 | 2.58 | 2.27 | 1.95 | 1.80 |
| Long-term Debt | 17.16 | 18.16 | 18.55 | 18.55 | 18.52 | 18.54 | 17.95 | 17.94 | 17.90 | 17.90 | 17.91 | 17.90 | 15.97 | 16.02 | 16.18 | 16.23 | 16.31 |
| Total Non-current Liabilities* | 26.48 | 27.43 | 27.56 | 27.57 | 27.60 | 27.56 | 27.00 | 27.07 | 26.96 | 26.89 | 26.82 | 26.85 | 24.83 | 24.68 | 24.69 | 24.63 | 24.73 |
| Total Liabilities | 30.64 | 30.65 | 30.52 | 30.55 | 31.02 | 30.13 | 29.74 | 30.09 | 29.90 | 28.94 | 29.14 | 29.36 | 27.23 | 27.26 | 26.96 | 26.58 | 26.53 |
| Retained Earnings | 11.35 | 10.89 | 10.19 | 9.85 | 9.65 | 10.46 | 10.19 | 10.21 | 9.69 | 10.03 | 10.09 | 10.54 | 10.79 | 11.28 | 11.46 | 11.72 | 12.48 |
| Total Stockholder Equity* | 14.09 | 13.58 | 12.76 | 12.38 | 12.18 | 12.94 | 12.62 | 12.60 | 11.95 | 12.27 | 12.33 | 12.88 | 13.14 | 13.20 | 13.17 | 13.43 | 13.16 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 3.94 | 3.48 | 3.51 | 3.59 | 3.57 | 3.42 | 3.54 | 3.62 | 3.70 | 3.68 | 3.68 | 3.57 | 3.70 | 3.71 | 3.73 | 3.90 | 3.82 | 3.41 | 3.43 | 3.29 |
| Operating Income | 1.51 | 1.25 | 1.11 | 1.09 | 1.28 | 1.04 | 1.09 | 1.35 | 1.45 | 1.35 | -- | 1.30 | 1.48 | 1.46 | 1.46 | 1.58 | 1.70 | 1.28 | 1.37 | 1.44 |
| Pretax Income | 1.32 | 1.06 | 0.92 | 0.90 | 1.09 | 0.86 | 0.92 | 1.18 | 1.27 | 1.19 | -- | 1.13 | 1.31 | 1.30 | 1.30 | 1.42 | 1.56 | 1.13 | 1.21 | 1.28 |
| Tax Provision | 0.32 | 0.26 | 0.20 | 0.20 | 0.26 | 0.21 | 0.20 | 0.29 | 0.30 | 0.29 | -- | 0.28 | 0.32 | 0.32 | 0.29 | 0.31 | 0.38 | 0.27 | 0.27 | 0.31 |
| Net Income | 1.00 | 0.81 | 0.72 | 0.69 | 0.83 | 0.65 | 0.72 | 0.89 | 0.96 | 0.89 | -- | 0.85 | 1.00 | 0.99 | 1.02 | 1.11 | 1.18 | 0.86 | 0.93 | 0.97 |
| Basic EPS | 0.54 | 0.43 | 0.39 | 0.37 | 0.44 | 0.34 | 0.37 | 0.46 | 0.50 | 0.46 | -- | 0.42 | 0.49 | 0.48 | 0.49 | 0.52 | 0.55 | 0.39 | (0.20) | 0.43 |
| Diluted EPS | 0.54 | 0.43 | 0.39 | 0.37 | 0.44 | 0.34 | 0.38 | 0.46 | 0.49 | 0.46 | -- | 0.42 | 0.49 | 0.48 | 0.50 | 0.52 | 0.54 | 0.39 | (0.20) | 0.43 |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 1.33 | 1.27 | 1.39 | 1.34 | 0.64 | 1.25 | 1.39 | 1.69 | 1.09 | 1.08 | 1.50 | 1.57 | 1.23 | 1.25 | 1.36 | 1.73 | 1.23 | 1.30 | 1.28 | 1.42 |
| Capital Expenditures | 0.58 | 0.54 | 0.68 | 0.73 | 0.78 | 0.72 | 0.84 | 0.63 | 0.54 | 0.52 | 0.69 | 0.57 | 0.57 | 0.44 | 0.70 | 0.63 | 0.48 | 0.33 | 0.57 | 0.47 |
| Free Cash Flow* | 0.75 | 0.73 | 0.71 | 0.61 | (0.14) | 0.54 | 0.55 | 1.06 | 0.55 | 0.56 | 0.81 | 0.99 | 0.66 | 0.81 | 0.67 | 1.10 | 0.75 | 0.97 | 0.71 | 0.95 |
| Investing Cash Flow | (0.75) | (0.57) | (0.71) | (0.69) | (0.81) | (0.65) | (0.88) | (0.67) | (0.54) | (0.50) | (0.73) | (0.57) | (0.50) | (0.48) | (0.49) | (0.62) | (0.65) | (0.37) | (0.41) | (0.94) |
| Financing Cash Flow | (0.53) | (0.41) | (0.62) | (0.42) | (0.58) | (0.40) | (1.22) | (0.61) | (0.79) | (0.45) | (0.77) | (0.59) | (1.07) | (1.44) | (1.23) | 0.49 | (1.79) | (1.23) | (0.81) | (1.29) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Dividends Per Share | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | (0.10) | 0.09 |
