Balance Sheet CSX Corporation

Equities

CSX

US1264081035

Ground Freight & Logistics

Market Closed - Nasdaq Other stock markets 21:00:00 06/09/2024 BST			5-day change	1st Jan Change
33.37 ^USD	-1.91%		-2.63%	-3.75%

08-30	CSX Reaches Tentative Contracts with Two Additional Unions	MT
08-30	CSX Corporation Expands Labor Agreements with Two More Partners	CI

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Published financial data: CSX CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	11.94B	10.58B	12.52B	14.85B	14.66B
Total Revenues	11.94B	10.58B	12.52B	14.85B	14.66B
Cost of Goods Sold, Total	5.65B	4.79B	5.88B	7.46B	7.49B
Gross Profit	6.29B	5.8B	6.64B	7.39B	7.17B
Depreciation & Amortization - (IS)	1.35B	1.38B	1.42B	1.5B	1.61B
Other Operating Expenses, Total	1.35B	1.38B	1.42B	1.5B	1.61B
Operating Income	4.94B	4.41B	5.22B	5.89B	5.56B
Interest Expense, Total	-737M	-754M	-722M	-742M	-809M
Interest And Investment Income	48M	17M	7M	42M	79M
Net Interest Expenses	-689M	-737M	-715M	-700M	-730M
Income (Loss) On Equity Invest.	91M	-	-	-	-
Other Non Operating Income (Expenses)	7M	8M	8M	12M	31M
EBT, Excl. Unusual Items	4.35B	3.68B	4.52B	5.2B	4.86B
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-17M	-22M	-
Gain (Loss) On Sale Of Assets	-	-	454M	238M	34M
Asset Writedown	-22M	-8M	-2M	-4M	-2M
Other Unusual Items	-10M	-48M	-	-	-
EBT, Incl. Unusual Items	4.32B	3.63B	4.95B	5.41B	4.89B
Income Tax Expense	985M	862M	1.17B	1.25B	1.18B
Earnings From Continuing Operations	3.33B	2.76B	3.78B	4.17B	3.72B
Net Income to Company	3.33B	2.76B	3.78B	4.17B	3.72B
Net Income - (IS)	3.33B	2.76B	3.78B	4.17B	3.72B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	3.33B	2.76B	3.78B	4.17B	3.72B
Net Income to Common Excl. Extra Items	3.33B	2.76B	3.78B	4.17B	3.72B
Per Share Items
Net EPS - Basic	1.39	1.2	1.68	1.95	1.85
Basic EPS - Continuing Operations	1.39	1.2	1.68	1.95	1.85
Basic Weighted Average Shares Outstanding	2.39B	2.3B	2.25B	2.14B	2.01B
Net EPS - Diluted	1.39	1.2	1.68	1.95	1.85
Diluted EPS - Continuing Operations	1.39	1.2	1.68	1.95	1.85
Diluted Weighted Average Shares Outstanding	2.39B	2.3B	2.26B	2.14B	2.01B
Normalized Basic EPS	1.14	1	1.25	1.52	1.51
Normalized Diluted EPS	1.14	1	1.25	1.52	1.51
Dividend Per Share	0.32	0.35	0.37	0.4	0.44
Payout Ratio	22.91	28.82	22.19	20.45	23.74
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	6.29B	5.8B	6.64B	7.39B	7.17B
EBITA	4.94B	4.41B	5.22B	5.9B	5.57B
EBIT	4.94B	4.41B	5.22B	5.89B	5.56B
EBITDAR	6.37B	5.88B	6.73B	7.5B	7.28B
Effective Tax Rate - (Ratio)	22.82	23.77	23.63	23.05	24.04
Current Domestic Taxes	712M	682M	1B	1.13B	1.04B
Total Current Taxes	712M	682M	1B	1.13B	1.04B
Deferred Domestic Taxes	273M	180M	167M	117M	140M
Total Deferred Taxes	273M	180M	167M	117M	140M
Normalized Net Income	2.72B	2.3B	2.82B	3.25B	3.04B
Interest on Long-Term Debt	6M	6M	6M	6M	6M
Non-Cash Pension Expense	-38M	-41M	-58M	-73M	-24M
Supplemental Operating Expense Items
Net Rental Expense, Total	84M	82M	89M	109M	109M
Imputed Operating Lease Interest Expense	31.4M	29.1M	30.14M	36.32M	37.21M
Imputed Operating Lease Depreciation	52.6M	52.9M	58.86M	72.68M	71.79M
Stock-Based Comp., COGS (Total)	-	29M	-	-	-
Stock-Based Comp., Other (Total)	74M	-	107M	74M	60M
Total Stock-Based Compensation	74M	29M	107M	74M	60M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	958M	3.13B	2.24B	1.96B	1.35B
Short Term Investments	996M	2M	77M	129M	83M
Total Cash And Short Term Investments	1.95B	3.13B	2.32B	2.09B	1.44B
Accounts Receivable, Total	986M	912M	1.15B	1.31B	1.39B
Total Receivables	986M	912M	1.15B	1.31B	1.39B
Inventory	261M	302M	339M	341M	446M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	77M	96M	70M	108M	109M
Total Current Assets	3.28B	4.44B	3.87B	3.85B	3.38B
Gross Property Plant And Equipment	45.63B	46B	47.01B	48.61B	50.82B
Accumulated Depreciation	-12.93B	-13.09B	-13.49B	-13.86B	-15.38B
Net Property Plant And Equipment	32.7B	32.92B	33.52B	34.75B	35.43B
Long-term Investments	1.97B	2.16B	2.28B	2.49B	2.56B
Goodwill	-	-	276M	319M	325M
Other Intangibles, Total	-	-	175M	183M	181M
Other Long-Term Assets, Total	312M	272M	414M	328M	523M
Total Assets	38.26B	39.79B	40.53B	41.91B	42.41B
Liabilities
Accounts Payable, Total	1.04B	809M	963M	1.13B	1.24B
Accrued Expenses, Total	568M	554M	711M	810M	610M
Current Portion of Long-Term Debt	245M	401M	181M	151M	558M
Current Portion of Leases	57M	45M	64M	69M	68M
Current Income Taxes Payable	69M	73M	134M	111M	525M
Other Current Liabilities	169M	137M	180M	200M	226M
Total Current Liabilities	2.15B	2.02B	2.23B	2.47B	3.22B
Long-Term Debt	15.99B	16.3B	16.14B	17.98B	18.06B
Long-Term Leases	497M	458M	525M	517M	508M
Pension & Other Post Retirement Benefits	402M	349M	313M	188M	182M
Deferred Tax Liability Non Current	6.96B	7.17B	7.38B	7.57B	7.75B
Other Non Current Liabilities	394M	388M	439M	557M	550M
Total Liabilities	26.39B	26.68B	27.03B	29.29B	30.28B
Common Stock, Total	773M	763M	2.2B	2.07B	1.96B
Retained Earnings	11.4B	12.53B	11.63B	10.36B	9.79B
Comprehensive Income and Other	-329M	-189M	-342M	186M	379M
Total Common Equity	11.85B	13.1B	13.49B	12.62B	12.13B
Minority Interest	15M	9M	10M	10M	5M
Total Equity	11.86B	13.11B	13.5B	12.62B	12.13B
Total Liabilities And Equity	38.26B	39.79B	40.53B	41.91B	42.41B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.32B	2.29B	2.19B	2.06B	1.96B
ECS Total Common Shares Outstanding	2.32B	2.29B	2.2B	2.07B	1.96B
Book Value / Share	5.11	5.73	6.13	6.1	6.19
Tangible Book Value	11.85B	13.1B	13.04B	12.11B	11.62B
Tangible Book Value Per Share	5.11	5.73	5.92	5.86	5.93
Total Debt	16.79B	17.2B	16.91B	18.72B	19.2B
Net Debt	14.83B	14.07B	14.59B	16.64B	17.76B
Debt Equivalent of Unfunded Proj. Benefit Obligation	297M	257M	6M	-2.33B	-79M
Debt Equivalent Oper. Leases	672M	656M	712M	872M	872M
Minority Interest, Total (Incl. Fin. Div)	15M	9M	10M	10M	5M
Equity Method Investments, Total	1.88B	1.98B	2.1B	2.29B	2.4B
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	1.84B	1.82B	1.88B	2.27B	2.27B
Buildings, Total	1.34B	1.37B	1.39B	1.42B	1.53B
Machinery, Total	10.71B	10.23B	10.12B	10.3B	10.64B
Full Time Employees	20.91K	19.3K	20.9K	22.5K	23K
Accumulated Allowance for Doubtful Accounts (Supple)	30M	28M	28M	33M	32M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	3.33B	2.76B	3.78B	4.17B	3.72B
Depreciation & Amortization - CF	1.35B	1.38B	1.42B	1.49B	1.6B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	10M	10M
Depreciation & Amortization, Total	1.35B	1.38B	1.42B	1.5B	1.61B
(Gain) Loss From Sale Of Asset	-151M	-35M	-454M	-238M	-34M
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-91M	-	-	-	-
Other Operating Activities, Total	295M	148M	179M	100M	135M
Change In Accounts Receivable	45M	83M	-141M	-101M	-51M
Change In Accounts Payable	98M	-20M	128M	140M	83M
Change In Income Taxes	2M	39M	72M	-39M	431M
Change in Other Net Operating Assets	-28M	-100M	114M	91M	-341M
Cash from Operations	4.85B	4.26B	5.1B	5.62B	5.55B
Capital Expenditure	-1.66B	-1.63B	-1.79B	-2.13B	-2.28B
Sale of Property, Plant, and Equipment	254M	56M	529M	246M	52M
Cash Acquisitions	-	-	-541M	-227M	-31M
Investment in Marketable and Equity Securities, Total	-730M	998M	-70M	-50M	49M
Other Investing Activities, Total	31M	-77M	-4M	33M	-76M
Cash from Investing	-2.1B	-649M	-1.88B	-2.13B	-2.29B
Long-Term Debt Issued, Total	2B	1B	-	2B	600M
Total Debt Issued	2B	1B	-	2B	600M
Long-Term Debt Repaid, Total	-518M	-745M	-426M	-186M	-153M
Total Debt Repaid	-518M	-745M	-426M	-186M	-153M
Repurchase of Common Stock	-3.37B	-867M	-2.89B	-4.73B	-3.48B
Common Dividends Paid	-763M	-797M	-839M	-852M	-882M
Common & Preferred Stock Dividends Paid	-763M	-797M	-839M	-852M	-882M
Other Financing Activities, Total	6M	-34M	39M	-	50M
Cash from Financing	-2.65B	-1.44B	-4.11B	-3.77B	-3.87B
Net Change in Cash	100M	2.17B	-890M	-281M	-605M
Supplemental Items
Cash Interest Paid	717M	750M	718M	729M	806M
Cash Income Tax Paid (Refund)	691M	664M	931M	1.17B	630M
Levered Free Cash Flow	2.47B	1.81B	2.72B	2.72B	2.52B
Unlevered Free Cash Flow	2.93B	2.28B	3.17B	3.18B	3.02B
Change In Net Working Capital	-82M	262M	-168M	-58M	-161M
Net Debt Issued / Repaid	1.48B	255M	-426M	1.81B	447M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	8.23	7.07	8.13	8.93	8.24
Return on Total Capital	11.03	9.35	10.75	11.92	11.08
Return On Equity %	27.26	22.14	28.42	31.89	30.01
Return on Common Equity	27.29	22.17	28.44	31.92	30.03
Margin Analysis
Gross Profit Margin %	52.68	54.76	53.05	49.75	48.91
EBITDA Margin %	52.68	54.76	53.05	49.75	48.91
EBITA Margin %	41.38	41.69	41.71	39.72	37.99
EBIT Margin %	41.38	41.69	41.71	39.66	37.92
Income From Continuing Operations Margin %	27.9	26.13	30.19	28.05	25.35
Net Income Margin %	27.9	26.13	30.19	28.05	25.35
Net Avail. For Common Margin %	27.9	26.13	30.19	28.05	25.35
Normalized Net Income Margin	22.77	21.75	22.54	21.89	20.72
Levered Free Cash Flow Margin	20.73	17.11	21.7	18.29	17.19
Unlevered Free Cash Flow Margin	24.59	21.56	25.3	21.41	20.64
Asset Turnover
Asset Turnover	0.32	0.27	0.31	0.36	0.35
Fixed Assets Turnover	0.37	0.32	0.38	0.44	0.42
Receivables Turnover (Average Receivables)	11.96	11.15	12.16	12.07	10.83
Inventory Turnover (Average Inventory)	21.56	17.01	18.34	21.95	19.03
Short Term Liquidity
Current Ratio	1.52	2.2	1.73	1.56	1.05
Quick Ratio	1.37	2	1.55	1.38	0.88
Operating Cash Flow to Current Liabilities	2.25	2.11	2.28	2.27	1.72
Days Sales Outstanding (Average Receivables)	30.52	32.82	30.02	30.24	33.69
Days Outstanding Inventory (Average Inventory)	16.93	21.52	19.9	16.63	19.18
Average Days Payable Outstanding	64.38	70.18	54.66	51.17	56.89
Cash Conversion Cycle (Average Days)	-16.93	-15.85	-4.74	-4.3	-4.02
Long Term Solvency
Total Debt/Equity	141.52	131.24	125.24	148.29	158.24
Total Debt / Total Capital	58.59	56.75	55.6	59.72	61.28
LT Debt/Equity	138.97	127.83	123.43	146.55	153.08
Long-Term Debt / Total Capital	57.54	55.28	54.8	59.02	59.28
Total Liabilities / Total Assets	68.99	67.05	66.69	69.88	71.39
EBIT / Interest Expense	6.7	5.85	7.23	7.94	6.87
EBITDA / Interest Expense	8.65	7.79	9.32	10.11	9
(EBITDA - Capex) / Interest Expense	6.4	5.64	6.84	7.23	6.18
Total Debt / EBITDA	2.63	2.93	2.51	2.5	2.64
Net Debt / EBITDA	2.33	2.39	2.17	2.22	2.44
Total Debt / (EBITDA - Capex)	3.56	4.05