CSX Corporation (CSX) Stock

About CSX Corporation

CSX Corporation, operating through its subsidiaries, stands as a leading provider of rail-based cargo transportation services. The company offers a wide range of services, including general rail freight, the movement of intermodal containers and trailers, and specialized transport solutions such as efficient rail-to-truck transfers and the handling of bulk commodities. CSX facilitates the shipment of a diverse array of goods, encompassing industrial chemicals, agricultural and food products, automotive components and finished vehicles, minerals, timber products, fertilizers, and various metals and heavy equipment. Additionally, it plays a crucial role in energy supply chains, transporting coal, coke, and iron ore to power generation facilities, steel manufacturers, and industrial plants, and also manages the export of coal via deep-water port access. The company's intermodal operations leverage a robust network of approximately 30 terminals to transport manufactured consumer goods in containers. This also includes drayage services, managing the initial pickup and final delivery of intermodal freight. For the automotive industry, CSX provides dedicated distribution centers and storage locations, and extends its reach to clients without direct rail access by orchestrating transfers of products like plastics and ethanol from rail to road. CSX's substantial infrastructure features an extensive rail network spanning approximately 19,500 route miles. This network strategically connects numerous population centers across 23 states east of the Mississippi River, the District of Columbia, and extends into the Canadian provinces of Ontario and Quebec. Powering these operations, CSX owns and leases around 3,500 locomotives. Its rail lines also provide direct connections to various production and distribution facilities, enhancing supply chain efficiency. Established in 1978, CSX Corporation has its headquarters located in Jacksonville, Florida.

CSX Corporation is led by CEO Stephen F. Angel, employs 23,400 people, headquartered in Jacksonville, US, publicly traded since 1980.

CSX Corporation (CSX) stock trades at $50.74 with a market capitalization of $93.99B. The stock is valued at a price-to-earnings (P/E) ratio of 27.32, price-to-book of 6.09, price-to-sales of 6.00. Over the past 52 weeks the stock has ranged between $31.80 and $53.30, and currently trades 4.8% below its 52-week high. It pays a dividend yielding 1.19%.

On profitability, CSX Corporation generates a return on equity (ROE) of 23.68% — well above the market average, a sign of a high-quality business, return on capital employed of 34.35%, an operating margin of 33.45%, a net profit margin of 21.55%.

In its most recent fiscal year, CSX Corporation reported annual revenue of $14.1B, net profit of $2.9B, revenue has compounded at 5.9% a year over the last five years, profit at 0.9% a year.

The balance sheet shows a debt-to-equity ratio of 1.42, a current ratio of 0.81, total assets of $43.7B, $670.0M in cash and equivalents.

CSX has an average daily trading volume of 12,831,517 shares, a beta of 1.22.

Official website: www.csx.com