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Last update at 2024-11-21T21:00:00Z
CSX Third Quarter 2024 Earnings: Misses Expectations
Fri 18 Oct 24, 10:35 AMWhy CSX (CSX) Shares Are Trading Lower Today
Thu 17 Oct 24, 07:33 PMCSX Receives SEC Subpoena Covering Years of Accounting Errors
Thu 17 Oct 24, 03:52 PMCSX's Earnings & Revenues Miss Estimates in Q3, Increase Y/Y
Thu 17 Oct 24, 02:51 PMQ3 2024 CSX Corp Earnings Call
Thu 17 Oct 24, 02:42 PMRailroad firm CSX misses profit estimates on sluggish coal volumes
Wed 16 Oct 24, 08:45 PMCSX (NASDAQ:CSX) Misses Q3 Sales Targets
Wed 16 Oct 24, 08:12 PMCSX (CSX) To Report Earnings Tomorrow: Here Is What To Expect
Tue 15 Oct 24, 07:01 AMCSX Gears Up to Report Q3 Earnings: What's in the Cards?
Fri 11 Oct 24, 02:17 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 5414.00M | 4951.00M | 3627.00M | 4316.00M | 4304.00M |
Minority interest | - | - | 9.00M | 15.00M | 17.00M |
Net income | 4166.00M | 3781.00M | 2765.00M | 3331.00M | 3309.00M |
Selling general administrative | - | - | - | 3024.00M | 4609.00M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 5785.00M | 5140.00M | 4362.00M | 4874.00M | 4773.00M |
Reconciled depreciation | 1500.00M | 1420.00M | 1383.00M | 1349.00M | 1331.00M |
Ebit | 6023.00M | 5594.00M | 4362.00M | 4965.00M | 4943.00M |
Ebitda | 7418.00M | 6639.00M | 5764.00M | 6402.00M | 6274.00M |
Depreciation and amortization | 1395.00M | 1045.00M | 1402.00M | 1437.00M | 1331.00M |
Non operating income net other | 133.00M | 79.00M | 19.00M | 88.00M | 74.00M |
Operating income | 6023.00M | 5594.00M | 4362.00M | 4965.00M | 4869.00M |
Other operating expenses | 9068.00M | 7382.00M | 6221.00M | 7063.00M | 7477.00M |
Interest expense | 742.00M | 722.00M | 754.00M | 737.00M | 639.00M |
Tax provision | 1248.00M | 1170.00M | 862.00M | 985.00M | 995.00M |
Interest income | 42.00M | 7.00M | 17.00M | 48.00M | 32.00M |
Net interest income | -742.00000M | -722.00000M | -754.00000M | -689.00000M | -607.00000M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 1248.00M | 1170.00M | 862.00M | 985.00M | 995.00M |
Total revenue | 14853.00M | 12522.00M | 10583.00M | 11937.00M | 12250.00M |
Total operating expenses | 133.00M | 79.00M | 19.00M | 88.00M | 74.00M |
Cost of revenue | 9068.00M | 7382.00M | 6221.00M | 7063.00M | 7477.00M |
Total other income expense net | -609.00000M | -643.00000M | -735.00000M | -649.00000M | 170.00M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 4166.00M | 3781.00M | 2765.00M | 3331.00M | 3309.00M |
Net income applicable to common shares | 4166.00M | 3781.00M | 2765.00M | 3331.00M | 3309.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 42970.00M | 41912.00M | 40531.00M | 39793.00M | 38257.00M |
Intangible assets | 181.00M | 183.00M | 175.00M | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 109.00M | 1762.00M | 1557.00M | 1310.00M | 1324.00M |
Total liab | 30837.00M | 29287.00M | 27031.00M | 26683.00M | 26394.00M |
Total stockholder equity | 12128.00M | 12625.00M | 13500.00M | 13110.00M | 11863.00M |
Deferred long term liab | - | - | - | - | 6961.00M |
Other current liab | 836.00M | -6379.00000M | 2052.00M | 1618.00M | 1906.00M |
Common stock | 1959.00M | 2066.00M | 2202.00M | 763.00M | 773.00M |
Capital stock | 1959.00M | 2066.00M | 2202.00M | 763.00M | 773.00M |
Retained earnings | 9790.00M | 10363.00M | 11630.00M | 12527.00M | 11404.00M |
Other liab | - | 8314.00M | 8613.00M | 8360.00M | 7757.00M |
Good will | 325.00M | 319.00M | 276.00M | - | - |
Other assets | - | 328.00M | 1544.00M | 35352.00M | 312.00M |
Cash | 1353.00M | 1958.00M | 2239.00M | 3129.00M | 958.00M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 3224.00M | 2471.00M | 2233.00M | 2019.00M | 2151.00M |
Current deferred revenue | 525.00M | 7569.00M | -963.00000M | -809.00000M | -1043.00000M |
Net debt | 17739.00M | 16089.00M | 14127.00M | 13576.00M | 15280.00M |
Short term debt | 626.00M | 151.00M | 181.00M | 401.00M | 245.00M |
Short long term debt | 558.00M | 151.00M | 181.00M | 401.00M | 245.00M |
Short long term debt total | 19092.00M | 18047.00M | 16366.00M | 16705.00M | 16238.00M |
Other stockholder equity | 696.00M | 584.00M | 76.00M | 418.00M | 361.00M |
Property plant equipment | - | 34242.00M | 33015.00M | 32444.00M | 32168.00M |
Total current assets | 3384.00M | 3849.00M | 3873.00M | 4441.00M | 3278.00M |
Long term investments | 2397.00M | 2292.00M | 2099.00M | 1985.00M | 897.00M |
Net tangible assets | - | 12113.00M | 13500.00M | 13101.00M | 11848.00M |
Short term investments | 83.00M | 129.00M | 77.00M | 2.00M | 996.00M |
Net receivables | 1393.00M | 1313.00M | 1148.00M | 912.00M | 986.00M |
Long term debt | 17975.00M | 17896.00M | 16185.00M | 16304.00M | 15993.00M |
Inventory | 446.00M | 341.00M | 339.00M | 302.00M | 261.00M |
Accounts payable | 1237.00M | 1130.00M | 963.00M | 809.00M | 1043.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | 10.00M | 10.00M | 9.00M | 15.00M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 379.00M | -388.00000M | -408.00000M | -598.00000M | -675.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | 2066.00M | 2202.00M | 763.00M | 773.00M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | 10363.00M | 11630.00M | 12527.00M | 11404.00M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 523.00M | -6542.00000M | 1544.00M | 923.00M | 932.00M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 39586.00M | 38063.00M | 36658.00M | 35352.00M | 34979.00M |
Capital lease obligations | 491.00M | 488.00M | 478.00M | 455.00M | 493.00M |
Long term debt total | - | 17896.00M | 16185.00M | 16304.00M | 15993.00M |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Investments | -2042.00000M | -2131.00000M | -70.00000M | 998.00M | -730.00000M |
Change to liabilities | - | 214.00M | 339.00M | -6.00000M | 4.00M |
Total cashflows from investing activities | - | -2131.00000M | -1877.00000M | -649.00000M | -2102.00000M |
Net borrowings | - | 1814.00M | -426.00000M | 255.00M | 1482.00M |
Total cash from financing activities | -3867.00000M | -3769.00000M | -4112.00000M | -1443.00000M | -2648.00000M |
Change to operating activities | - | 91.00M | 114.00M | -100.00000M | -28.00000M |
Net income | 3715.00M | 4166.00M | 3781.00M | 2765.00M | 3331.00M |
Change in cash | -605.00000M | -281.00000M | -890.00000M | 2171.00M | 100.00M |
Begin period cash flow | 1958.00M | 2239.00M | 3129.00M | 958.00M | 858.00M |
End period cash flow | 1353.00M | 1958.00M | 2239.00M | 3129.00M | 958.00M |
Total cash from operating activities | 5549.00M | 5619.00M | 5099.00M | 4263.00M | 4850.00M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 1640.00M | 1500.00M | 1420.00M | 1383.00M | 1349.00M |
Other cashflows from investing activities | - | 52.00M | -4.00000M | -21.00000M | 285.00M |
Dividends paid | 882.00M | 852.00M | 839.00M | 797.00M | 763.00M |
Change to inventory | - | - | - | - | - |
Change to account receivables | -51.00000M | -101.00000M | -141.00000M | 83.00M | 45.00M |
Sale purchase of stock | -3482.00000M | -4731.00000M | -2886.00000M | -867.00000M | -3373.00000M |
Other cashflows from financing activities | 50.00M | 1578.00M | 39.00M | -34.00000M | 6.00M |
Change to netincome | - | -138.00000M | -102.00000M | 113.00M | 53.00M |
Capital expenditures | 2281.00M | 2133.00M | 1791.00M | 1626.00M | 1657.00M |
Change receivables | - | -101.00000M | -141.00000M | 83.00M | 45.00M |
Cash flows other operating | - | -22.00000M | -25.00000M | -75.00000M | 68.00M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | -281.00000M | -890.00000M | 2171.00M | 100.00M |
Change in working capital | 122.00M | 91.00M | 173.00M | 2.00M | 117.00M |
Stock based compensation | 60.00M | 74.00M | -627.00000M | -37.00000M | -359.00000M |
Other non cash items | 3180.00M | -255.00000M | 185.00M | -30.00000M | 139.00M |
Free cash flow | 3268.00M | 3486.00M | 3308.00M | 2637.00M | 3193.00M |
Sector: Industrials Industry: Railroads
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
CSX CSX Corporation |
0.78 2.26% | 35.35 | 18.30 | 17.04 | 4.44 | 5.16 | 5.64 | 11.43 |
UNP Union Pacific Corporation |
5.46 2.34% | 239.02 | 23.36 | 20.96 | 6.01 | 10.35 | 7.40 | 15.07 |
CNI Canadian National Railway Co |
1.03 0.95% | 109.20 | 22.52 | 20.12 | 4.69 | 5.29 | 5.50 | 10.36 |
CP Canadian Pacific Railway Ltd |
1.71 2.33% | 75.24 | 23.65 | 23.04 | 6.42 | 2.32 | 7.95 | -95.3697 |
NSC Norfolk Southern Corporation |
5.26 2.03% | 264.19 | 25.64 | 17.70 | 4.22 | 4.12 | 5.44 | 14.30 |
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
500 Water Street, Jacksonville, FL, United States, 32202
Name | Title | Year Born |
---|---|---|
Mr. Sean R. Pelkey | Exec. VP & CFO | 1980 |
Mr. Jamie J. Boychuk | Exec. VP of Operations | 1978 |
Ms. Diana B. Sorfleet | Exec. VP & Chief Admin. Officer | 1965 |
Mr. Nathan D. Goldman | Exec. VP, Chief Legal Officer & Corp. Sec. | 1958 |
Mr. Kevin S. Boone | Exec. VP and Chief of Sales & Marketing | 1977 |
Mr. James M. Foote | Advisor | 1954 |
Mr. Joseph R. Hinrichs | Pres, CEO & Director | 1967 |
Ms. Angela C. Williams | VP & Chief Accounting Officer | 1975 |
Mr. Steve Fortune | Exec. VP, Chief Digital & Technology Officer | NA |
Bill Slater | Head of Investor Relations | NA |
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