CSX Historical Income Statement

CSX Stock  USD 37.07  0.23  0.62%   
Historical analysis of CSX income statement accounts such as Interest Expense of 849.5 M, Total Revenue of 11.1 B or Gross Profit of 4.4 B can show how well CSX Corporation performed in making a profits. Evaluating CSX income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CSX's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CSX Corporation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CSX Corporation is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About CSX Income Statement Analysis

CSX Corporation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CSX shareholders. The income statement also shows CSX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CSX Income Statement Chart

CSX Corporation Income Statement is one of the three primary financial statements used for reporting CSX's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CSX Corporation revenue and expense. CSX Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CSX's Non Operating Income Net Other is fairly stable compared to the past year.

Total Revenue

Total revenue comprises all receipts CSX Corporation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CSX Corporation minus its cost of goods sold. It is profit before CSX operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CSX Corporation. It is also known as CSX overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from CSX Corporation operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CSX Corporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from CSX's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CSX Corporation current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, CSX's Non Operating Income Net Other is fairly stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit5.1B5.8B5.7B4.4B
Total Revenue12.5B14.9B14.7B11.1B

CSX income statement Correlations

0.90.610.450.250.810.780.860.32-0.270.82-0.030.710.19-0.49-0.870.830.390.54-0.15-0.64-0.61-0.570.62
0.90.710.650.270.930.870.910.24-0.140.94-0.050.710.39-0.65-0.930.910.330.520.03-0.6-0.69-0.430.61
0.610.710.660.760.760.710.710.6-0.060.790.170.570.36-0.41-0.640.730.330.40.12-0.28-0.35-0.090.49
0.450.650.660.360.650.610.6-0.20.580.670.040.470.32-0.46-0.550.60.240.380.12-0.29-0.41-0.130.4
0.250.270.760.360.280.220.230.610.10.330.420.140.29-0.07-0.140.46-0.060.120.160.280.08-0.120.26
0.810.930.760.650.280.990.990.29-0.190.99-0.20.770.37-0.71-0.90.750.510.690.07-0.67-0.78-0.440.73
0.780.870.710.610.220.990.990.27-0.220.97-0.290.80.3-0.72-0.880.660.590.750.02-0.72-0.81-0.470.77
0.860.910.710.60.230.990.990.29-0.240.98-0.250.810.29-0.7-0.910.730.570.73-0.01-0.73-0.8-0.510.77
0.320.240.6-0.20.610.290.270.29-0.710.320.180.240.12-0.05-0.250.30.170.110.03-0.05-0.030.020.21
-0.27-0.14-0.060.580.1-0.19-0.22-0.24-0.71-0.170.18-0.220.070.080.24-0.04-0.26-0.130.110.330.190.08-0.16
0.820.940.790.670.330.990.970.980.32-0.17-0.110.780.37-0.66-0.90.810.480.650.04-0.63-0.72-0.410.68
-0.03-0.050.170.040.42-0.2-0.29-0.250.180.18-0.11-0.1-0.010.640.160.34-0.35-0.49-0.130.390.710.31-0.57
0.710.710.570.470.140.770.80.810.24-0.220.78-0.1-0.29-0.39-0.770.620.860.5-0.57-0.74-0.47-0.30.51
0.190.390.360.320.290.370.30.290.120.070.37-0.01-0.29-0.44-0.240.31-0.550.250.920.13-0.4-0.180.29
-0.49-0.65-0.41-0.46-0.07-0.71-0.72-0.7-0.050.08-0.660.64-0.39-0.440.69-0.37-0.28-0.64-0.30.470.930.5-0.84
-0.87-0.93-0.64-0.55-0.14-0.9-0.88-0.91-0.250.24-0.90.16-0.77-0.240.69-0.8-0.48-0.540.090.750.710.39-0.64
0.830.910.730.60.460.750.660.730.3-0.040.810.340.620.31-0.37-0.80.160.27-0.08-0.37-0.35-0.330.36
0.390.330.330.24-0.060.510.590.570.17-0.260.48-0.350.86-0.55-0.28-0.480.160.47-0.65-0.69-0.38-0.150.44
0.540.520.40.380.120.690.750.730.11-0.130.65-0.490.50.25-0.64-0.540.270.470.14-0.52-0.76-0.660.85
-0.150.030.120.120.160.070.02-0.010.030.110.04-0.13-0.570.92-0.30.09-0.08-0.650.140.31-0.25-0.020.15
-0.64-0.6-0.28-0.290.28-0.67-0.72-0.73-0.050.33-0.630.39-0.740.130.470.75-0.37-0.69-0.520.310.60.24-0.49
-0.61-0.69-0.35-0.410.08-0.78-0.81-0.8-0.030.19-0.720.71-0.47-0.40.930.71-0.35-0.38-0.76-0.250.60.61-0.88
-0.57-0.43-0.09-0.13-0.12-0.44-0.47-0.510.020.08-0.410.31-0.3-0.180.50.39-0.33-0.15-0.66-0.020.240.61-0.76
0.620.610.490.40.260.730.770.770.21-0.160.68-0.570.510.29-0.84-0.640.360.440.850.15-0.49-0.88-0.76
Click cells to compare fundamentals

CSX Account Relationship Matchups

CSX income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.4B1.4B1.0B1.4B1.6B1.7B
Interest Expense737M754M722M742M809M849.5M
Total Revenue11.9B10.6B12.5B14.9B14.7B11.1B
Gross Profit4.9B4.4B5.1B5.8B5.7B4.4B
Other Operating Expenses7.1B6.2B7.4B9.1B9.1B7.7B
Operating Income5.0B4.4B5.6B6.0B5.5B5.8B
Ebit5.0B4.4B5.6B6.0B5.5B5.8B
Ebitda6.4B5.8B6.6B7.4B7.2B7.5B
Cost Of Revenue7.1B6.2B7.4B9.1B9.0B6.7B
Total Operating Expenses88M19M79M133M136M129.2M
Income Before Tax4.3B3.6B5.0B5.4B4.9B5.1B
Total Other Income Expense Net(649M)(735M)(643M)(609M)(638M)(606.1M)
Net Income3.3B2.8B3.8B4.2B3.7B3.9B
Income Tax Expense995M985M862M1.2B1.2B1.2B
Selling General Administrative3.0B(42M)(64M)(79M)(29M)(27.6M)
Net Income Applicable To Common Shares3.3B2.8B3.8B4.2B4.8B5.0B
Net Income From Continuing Ops3.3B2.8B3.8B4.2B3.8B3.1B
Non Operating Income Net Other88M19M79M133M153.0M160.6M
Tax Provision995M985M862M1.2B1.2B773.3M
Interest Income48M17M7M42M79M69.9M
Net Interest Income(689M)(754M)(722M)(742M)(762M)(800.1M)
Reconciled Depreciation1.3B1.4B1.4B1.5B1.6B1.6B

Pair Trading with CSX

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CSX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CSX will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSX Stock

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Moving against CSX Stock

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  0.56WERN Werner Enterprises Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to CSX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CSX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CSX Corporation to buy it.
The correlation of CSX is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CSX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSX Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CSX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CSX Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Csx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csx Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running CSX's price analysis, check to measure CSX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.
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Is CSX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CSX. If investors know CSX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CSX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.44
Earnings Share
1.86
Revenue Per Share
7.299
Quarterly Revenue Growth
(0.01)
The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CSX's market value can be influenced by many factors that don't directly affect CSX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.