Financials CSX Corporation

Equities

CSX

US1264081035

Ground Freight & Logistics

Market Closed - Nasdaq 21:00:00 19/07/2024 BST 5-day change 1st Jan Change
34.69 USD -0.94% Intraday chart for CSX Corporation +2.66% +0.06%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 56,270 69,403 83,396 65,133 68,512 67,816 - -
Enterprise Value (EV) 1 70,554 82,977 97,446 81,710 85,609 84,750 84,163 83,176
P/E ratio 17.4 x 25.2 x 22.4 x 15.9 x 18.7 x 17.9 x 16 x 14.7 x
Yield 1.33% 1.15% 0.99% 1.29% - 1.37% 1.46% 1.55%
Capitalization / Revenue 4.71 x 6.56 x 6.66 x 4.39 x 4.67 x 4.53 x 4.36 x 4.21 x
EV / Revenue 5.91 x 7.84 x 7.78 x 5.5 x 5.84 x 5.66 x 5.41 x 5.16 x
EV / EBITDA 11.2 x 14.4 x 13.9 x 11.1 x 11.9 x 11.6 x 10.8 x 10.2 x
EV / FCF 22.1 x 31.5 x 29.5 x 23.4 x 26.2 x 30 x 24.8 x 23.9 x
FCF Yield 4.53% 3.18% 3.39% 4.27% 3.82% 3.34% 4.03% 4.18%
Price to Book 4.87 x 5.32 x 6.28 x 5.26 x 5.75 x 5.39 x 5.22 x 4.75 x
Nbr of stocks (in thousands) 2,332,933 2,294,325 2,217,983 2,102,409 1,976,131 1,954,927 - -
Reference price 2 24.12 30.25 37.60 30.98 34.67 34.69 34.69 34.69
Announcement Date 16/01/20 21/01/21 20/01/22 25/01/23 24/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,937 10,583 12,522 14,853 14,657 14,961 15,568 16,112
EBITDA 1 6,314 5,745 7,014 7,379 7,172 7,334 7,769 8,116
EBIT 1 4,965 4,362 5,594 5,879 5,561 5,662 6,047 6,341
Operating Margin 41.59% 41.22% 44.67% 39.58% 37.94% 37.84% 38.84% 39.36%
Earnings before Tax (EBT) 1 4,316 3,627 4,951 5,414 4,891 4,971 5,359 5,725
Net income 1 3,330 2,765 3,781 4,166 3,715 3,759 4,018 4,238
Net margin 27.9% 26.13% 30.19% 28.05% 25.35% 25.13% 25.81% 26.3%
EPS 2 1.390 1.200 1.680 1.950 1.850 1.936 2.163 2.364
Free Cash Flow 1 3,193 2,637 3,308 3,486 3,268 2,828 3,392 3,474
FCF margin 26.75% 24.92% 26.42% 23.47% 22.3% 18.9% 21.79% 21.56%
FCF Conversion (EBITDA) 50.57% 45.9% 47.16% 47.24% 45.57% 38.55% 43.66% 42.81%
FCF Conversion (Net income) 95.89% 95.37% 87.49% 83.68% 87.97% 75.21% 84.43% 81.98%
Dividend per Share 2 0.3200 0.3467 0.3720 0.4000 - 0.4742 0.5052 0.5361
Announcement Date 16/01/20 21/01/21 20/01/22 25/01/23 24/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 3,427 3,413 3,815 3,895 3,730 3,706 3,699 3,572 3,680 3,681 3,701 3,741 3,823 3,817 3,931
EBITDA 1 1,726 1,642 1,968 1,957 1,850 1,857 1,884 1,694 1,737 1,764 1,832 1,854 1,890 1,853 2,000
EBIT 1 1,370 1,282 1,599 1,579 1,457 1,464 1,482 1,295 1,320 1,354 1,408 1,427 1,457 1,433 1,551
Operating Margin 39.98% 37.56% 41.91% 40.54% 39.06% 39.5% 40.06% 36.25% 35.87% 36.78% 38.04% 38.15% 38.11% 37.54% 39.46%
Earnings before Tax (EBT) 1 1,205 1,129 1,558 1,423 1,304 1,304 1,312 1,126 1,149 1,185 1,239 1,258 1,288 1,267 1,399
Net income 1 934 859 1,178 1,110 1,018 987 996 846 886 893 937.2 949.1 972.8 956.7 1,056
Net margin 27.25% 25.17% 30.88% 28.5% 27.29% 26.63% 26.93% 23.68% 24.08% 24.26% 25.32% 25.37% 25.45% 25.06% 26.86%
EPS 2 0.4200 0.3900 0.5400 0.5200 0.4900 0.4800 0.4900 0.4200 0.4500 0.4600 0.4775 0.4879 0.5072 0.4983 0.5540
Dividend per Share 2 0.0930 0.1000 0.1000 0.1000 0.1000 0.1100 0.1100 0.1100 - - 0.1194 0.1194 0.1194 0.1256 0.1256
Announcement Date 20/01/22 20/04/22 20/07/22 20/10/22 25/01/23 20/04/23 20/07/23 19/10/23 24/01/24 17/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 14,284 13,574 14,050 16,577 17,097 16,934 16,346 15,359
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.262 x 2.363 x 2.003 x 2.247 x 2.384 x 2.309 x 2.104 x 1.892 x
Free Cash Flow 1 3,193 2,637 3,308 3,486 3,268 2,828 3,392 3,474
ROE (net income / shareholders' equity) 27.3% 22.1% 28.4% 31.9% 30% 29.5% 30.9% 30.8%
ROA (Net income/ Total Assets) 8.88% 7.09% 9.41% 10.1% 8.81% 8.69% 9.26% 9.9%
Assets 1 37,482 39,025 40,164 41,221 42,160 43,269 43,387 42,808
Book Value Per Share 2 4.960 5.690 5.990 5.890 6.030 6.430 6.640 7.300
Cash Flow per Share 2 2.030 1.850 2.260 2.620 2.760 2.690 3.180 3.340
Capex 1 1,657 1,626 1,791 2,133 2,281 2,429 2,409 2,426
Capex / Sales 13.88% 15.36% 14.3% 14.36% 15.56% 16.24% 15.47% 15.06%
Announcement Date 16/01/20 21/01/21 20/01/22 25/01/23 24/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
28
Last Close Price
34.69 USD
Average target price
38.75 USD
Spread / Average Target
+11.71%
Consensus
  1. Stock Market
  2. Equities
  3. CSX Stock
  4. Financials CSX Corporation