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CSX Corporation (CSX)

Industrials BalancedS&P 500

CSX is a massive American railway company that moves everything from coal and grain to consumer goods across the eastern United States.

$48.95

Is CSX Corporation a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Dominant position in the eastern US rail network. Worth weighing: High price-to-earnings ratio suggests high expectations.

No rating · no target price · nothing for sale here
Price+46.1%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range+45% past year
$48.95
Low $31.80High $53.60
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
27.2now
21.127.7

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
25.5%now
19.3%25.5%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does CSX Corporation do?

Think of CSX as the backbone of American industry, operating thousands of miles of track to haul heavy freight where lorries simply can't compete on efficiency. The income arrives from charging businesses to transport raw materials and finished products across its vast network. Their profitability hinges on how well they control operating costs, since even small gains in fuel efficiency or train speed can translate into big jumps in bottom-line profit.

On our factor screen it looks strongest on momentum and quality, and weakest on value.

Quick checks
What's strong
  • Momentum screens high
What to watch

Does CSX Corporation pay a dividend?

Yes - CSX Corporation currently pays a dividend of about 1.1% a year, which is £11 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →

What do the numbers say about CSX Corporation's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield1.1%£11 a year for every £1,000 invested. The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio31%about 31 in every 100 pounds of profit. The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover3.2×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

Most recent ex-dividend date: 29 May 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →

Does CSX Corporation have more cash or more debt?

It holds about $1.39B in cash against about $19.45B of debt - so it has net debt of about $18.06B. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do CSX Corporation's numbers mean?

P/E
29.03
This shows how much you are paying for every pound of the company's annual profit; a higher number suggests investors have high expectations for future growth.
Around the middle of the 105 Industrials shares we cover
Net margin
22.2%
This tells us that for every £100 of sales, the company keeps about £21.60 as actual profit after all bills are paid.
Higher than most of the 123 Industrials shares we cover
Return on equity
24.4%
This measures how effectively the company uses the money invested by shareholders to generate profit, with a higher percentage generally being a sign of a well-run business.
Around the middle of the 116 Industrials shares we cover
Beta
1.2
This indicates the share price tends to be slightly more jumpy or volatile than the wider stock market.

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into CSX Corporation
$1,461+46%

Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has CSX Corporation actually fallen?

−28%

Over the last 2 years of daily prices, CSX Corporation fell as much as −28% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-17%
2023+14%
2024-6%
2025+14%
2026 so far+39%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$92.51B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
13.06M
Day range: The lowest and highest price the shares traded at during the latest day.
$48.70 – $49.65
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$31.80 – $53.60
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
29.0
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
1.1%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.21

Does the share price tell you if it's cheap or expensive?

One share costs$48.95
Number of shares1.89 billion
So the whole company is worth$92.51bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns CSX Corporation?

Big institutions 82%Public & smaller investors 17%

About 82% of CSX Corporation, or about 82 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 17%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.21
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +1% past week · ▲ +45% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does CSX Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$983.75M$1.97B$2.95B$3.94BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
47.1%
Net margin
22.2%
Return on equity
24.4%

Where does each £100 of CSX Corporation's sales go?

Making the product or service £53Running costs, tax and interest £25Left as profit £22

A rough split of the latest full-year figures: of every £100 of sales, about £53 covers making the product or service, £25 goes on running costs, tax and interest, and about £22 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does CSX Corporation report earnings, and how did recent quarters go?

CSX Corporation is next scheduled to report on about 2026-10-22 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

CSX Corporation: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-22$0.52$0.54Beat +4%
2026-04-22$0.39$0.43Beat +11%
2026-01-22$0.41$0.39Missed -5%
2025-10-16$0.42$0.44Beat +4%
2025-07-23$0.42$0.44Beat +6%
2025-04-16$0.37$0.34Missed -8%

Across the last 6 quarters here, CSX Corporation came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for CSX Corporation?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Stronger industrial demand boosts freight volumes.
Base
-2% to +2%Steady, predictable demand for rail transport.
Bear
-5% to -10%A sudden slowdown in the manufacturing sector.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Increased reliance on rail for long-haul logistics.

The bear case

Long-term shift away from coal and heavy industry.

What are the pros and cons of CSX Corporation?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Dominant position in the eastern US rail network
  • Strong profit margins for a heavy industry business
  • High return on shareholder capital
The catch3
  • High price-to-earnings ratio suggests high expectations
  • Heavily reliant on the health of the wider industrial economy
  • Significant exposure to declining sectors like coal
Key risks3
  • Potential for labour disputes or strikes
  • Strict government regulation on safety and pricing
  • Rising fuel costs impacting operating expenses
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained, multi-year decline in US manufacturing output
  • Major regulatory changes that force a breakup of the rail network

Common questions about CSX Corporation

Does CSX Corporation pay a dividend?

Yes - CSX Corporation currently pays a dividend of about 1.1% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.

When does CSX Corporation report earnings next?

CSX Corporation is next scheduled to report results on about 2026-10-22. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.