Company Valuation: CSX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 83,396 65,114 68,512 62,230 67,498 83,133 - -
Change - -21.92% 5.22% -9.17% 8.47% 23.16% - -
Enterprise Value (EV) 1 97,446 81,691 85,609 79,728 85,696 100,669 100,207 98,951
Change - -16.17% 4.8% -6.87% 7.49% 17.47% -0.46% -1.25%
P/E ratio 22.4x 15.9x 18.7x 18x 23.5x 23.6x 20.6x 18.9x
PBR 6.28x 5.26x 5.75x 5.01x 5.16x 6.36x 6.41x 5.52x
PEG - 1x -3.65x -5.55x -1.7x 1x 1.5x 2.12x
Capitalization / Revenue 6.66x 4.38x 4.67x 4.28x 4.79x 5.63x 5.38x 5.21x
EV / Revenue 7.78x 5.5x 5.84x 5.48x 6.08x 6.82x 6.48x 6.2x
EV / EBITDA 13.9x 11.1x 11.9x 11.4x 13.5x 14.3x 13.2x 12.5x
EV / EBIT 17.4x 13.9x 15.4x 14.9x 18.3x 18.7x 17.2x 16x
EV / FCF 29.5x 23.4x 26.2x 29.3x 50.1x 32.2x 29.9x 27x
FCF Yield 3.39% 4.27% 3.82% 3.41% 2% 3.11% 3.34% 3.71%
Dividend per Share 2 0.372 0.4 0.44 0.48 - 0.5595 0.6012 0.6393
Rate of return 0.99% 1.29% 1.27% 1.49% - 1.25% 1.34% 1.43%
EPS 2 1.68 1.95 1.85 1.79 1.54 1.899 2.169 2.362
Distribution rate 22.1% 20.5% 23.8% 26.8% - 29.5% 27.7% 27.1%
Net sales 1 12,522 14,853 14,657 14,540 14,092 14,767 15,453 15,963
EBITDA 1 7,014 7,379 7,172 7,011 6,365 7,058 7,583 7,933
EBIT 1 5,594 5,879 5,561 5,353 4,685 5,382 5,826 6,166
Net income 1 3,781 4,166 3,715 3,470 2,889 3,511 3,860 4,095
Net Debt 1 14,050 16,577 17,097 17,498 18,198 17,536 17,074 15,818
Reference price 2 37.60 30.98 34.67 32.27 36.25 44.74 44.74 44.74
Nbr of stocks (in thousands) 2,217,983 2,101,822 1,976,132 1,928,423 1,862,018 1,858,139 - -
Announcement Date 20/01/22 25/01/23 24/01/24 23/01/25 22/01/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.59x6.82x14.28x1.26% 83.13B
21.18x7.06x13.79x2.11% 156B
26.21x6.67x15.03x1.73% 69.87B
14.26x0.99x5.28x4.49% 15.92B
16.32x2.89x6.98x5.64% 4.86B
30.68x3.95x17.96x1.95% 4.24B
-1.96x - - 2.57% 552M
10.5x0.76x3.69x3.57% 79.92M
Average 17.60x 4.16x 11.00x 2.91% 41.88B
Weighted average by Cap. 22.51x 6.53x 13.72x 1.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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