CSX (CSX) stock
Industrials · Rail Transportation
CSX (CSX) is a Rail Transportation company in the Industrials sector, headquartered in Jacksonville, Florida. As of October 23, 2026, CSX closed at $50.79, a market capitalization of $94.09 billion, the 128th largest company in the S&P 500. The stock trades at 26.5x trailing earnings and 21.8x forward earnings.
- 1-year total return: +44.8% (dividends reinvested)
- 5-year return: +8.9% a year
- 52-week range: $33.63 – $53.60
- Dividend yield: 1.10%, 21 straight years of increases
- FI Handbook report card: B- across 5 metrics
- 16th largest of 83 Industrials stocks in the S&P 500
CSX price chart
1Y price change: +42.9% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| CSX | +7.6% | +41.4% | +44.8% | +20.7% | +8.9% | +19.2% | +14.0% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
CSX key statistics
- Market cap
- $94.1B
- #128 in S&P 500
- P/E (TTM)
- 26.5x
- Forward P/E
- 21.8x
- EPS (TTM)
- —
- Revenue (TTM)
- —
- Free cash flow
- $2.8B
- Gross margin
- —
- Operating margin
- —
- Return on equity
- —
- Dividend yield
- 1.10%
- 52-week range
- $33.63 – $53.60
- Beta
- —
- Price / sales
- —
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- —
CSX report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth——
- Gross margin——
- Operating margin——
- FCF margin——
- Return on equity——
- Net debt / EBITDA0.0xA
- Forward P/E21.8xC
- PEG ratio1.7xC
- Shareholder yield2.6%C
- Share count change / yr-4.1%A
CSX financials
Revenue went from $11.1B in fiscal 2016 to $14.1B in fiscal 2025, growing 2.7% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.1B | $11.4B | $12.3B | $11.9B | $10.6B | $12.5B | $14.9B | $14.7B | $14.5B | $14.1B |
| Operating income | $3.4B | $3.7B | $4.9B | $5.0B | $4.4B | $5.6B | $6.0B | $5.5B | $5.2B | $4.5B |
| Net income | $1.7B | $5.5B | $3.3B | $3.3B | $2.8B | $3.8B | $4.1B | $3.7B | $3.5B | $2.9B |
| EPS (diluted) | $0.60 | $2.00 | $1.28 | $1.39 | $1.20 | $1.68 | $1.92 | $1.82 | $1.79 | $1.54 |
| Free cash flow | $643.0M | $1.4B | $2.9B | $3.2B | $2.6B | $3.3B | $3.4B | $3.3B | $2.7B | $1.7B |
| Buybacks | $1.1B | $2.0B | $4.7B | $3.4B | $867.0M | $2.9B | $4.7B | $3.5B | $2.2B | $1.4B |
| Dividends paid | $680.0M | $708.0M | $751.0M | $763.0M | $797.0M | $839.0M | $852.0M | $882.0M | $930.0M | $972.0M |
| Diluted shares | 2.8B | 2.7B | 2.6B | 2.4B | 2.3B | 2.3B | 2.1B | 2.0B | 1.9B | 1.9B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into CSX?
A reverse DCF asks what growth the current price requires. With an enterprise value of $94.1B and $2.8B of trailing free cash flow, CSX needs to grow free cash flow about 23.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -8.3% a year over the last five years.
P/E ratio history
Current 33.0x vs. median 17.8x (10th–90th percentile 12.2x–27.8x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
CSX dividend
- Dividend yield
- 1.10%
- Annual dividend
- $0.56
- Years of increases
- 21
- 5-yr dividend growth
- 8.4%
- per year
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
CSX analyst price targets
25 analysts' average 12-month target is $53.49 (+5% vs. $50.79). Targets range from $32.00 to $60.00. 68% rate it a buy.
CSX earnings
Next report: January 28, 2027. CSX has beaten EPS estimates 3 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 21, 2026 | $0.53 | $0.57 | +7.3% |
| Jul 22, 2026 | $0.52 | $0.54 | +4.2% |
| Apr 22, 2026 | $0.39 | $0.43 | +10.6% |
| Jan 22, 2026 | $0.41 | $0.39 | -5.3% |
| Oct 16, 2025 | $0.42 | $0.44 | +3.8% |
| Jul 23, 2025 | $0.42 | $0.44 | +5.7% |
| Apr 16, 2025 | $0.37 | $0.34 | -7.7% |
| Jan 23, 2025 | $0.42 | $0.42 | +0.0% |
Stocks like CSX
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 UNP Union Pacific | -1.75% | +36% | $174.0B | 22.8x | Compare |
 NSC Norfolk Southern | -2.44% | +18% | $74.1B | 27.7x | Compare |
 CAT Caterpillar | -2.42% | +33% | $315.8B | 29.6x | Compare |
 GE GE Aerospace | -2.69% | -6% | $296.4B | 32.6x | Compare |
 RTX RTX | -1.90% | +8% | $257.8B | 31.1x | Compare |
 GEV GE Vernova | -1.50% | +37% | $217.1B | 23.4x | Compare |
 DE Deere & | +0.39% | +39% | $174.2B | 35.9x | Compare |
 BA Boeing | +0.43% | -14% | $148.9B | 67.3x | Compare |
CSX news
- CSX (CSX) Stock Slips As Q3 Results Show Margin Strength · Oct 23, 2026
- Will CSX Stock's Jump After Earnings Last? · Oct 23, 2026
- Why is CSX (CSX) stock rocketing higher today · Oct 23, 2026
- CSX Outlook Supported by Cost Cuts, Pricing as Savings Slow, UBS Says · Oct 22, 2026
- Nasdaq Inc., CSX Flash Buy Signals As Nasdaq, S&P 500 Slide · Oct 22, 2026
CSX stock FAQ
What is CSX's market cap?
CSX's market capitalization is $94.09 billion as of October 23, 2026, ranking 128th in the S&P 500.
What is CSX's P/E ratio?
CSX trades at a trailing price-to-earnings ratio of 26.5x and a forward P/E of 21.8x. Its median P/E over the period we track is 17.8x.
Does CSX pay a dividend?
Yes. CSX pays $0.56 per share a year, a 1.10% yield. It has raised its dividend 21 years in a row. Dividends grew 8.4% a year over the last five years.
How much has CSX stock returned?
Including reinvested dividends, CSX returned +44.8% over one year, +8.9% a year over five years, +19.2% a year over ten years through October 23, 2026.
Is CSX stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies CSX must grow free cash flow about 24% a year for the next decade. Its free cash flow fell 8% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the CSX price target?
25 analysts cover CSX with an average 12-month price target of $53.49, +5% from the current price. 68% of them rate it a buy.
When does CSX report earnings?
CSX is expected to report earnings on January 28, 2027. It has beaten EPS estimates 3 quarters in a row.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology