CSX Historical Income Statement
| CSX Stock | USD 34.39 0.23 0.67% |
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.
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.
CSX |
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. Add Fundamental
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 Profit | 5.1B | 5.8B | 5.7B | 4.4B | Total Revenue | 12.5B | 14.9B | 14.7B | 11.1B |
CSX income statement Correlations
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CSX Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSX income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.4B | 1.4B | 1.0B | 1.4B | 1.6B | 1.7B | |
| Interest Expense | 737M | 754M | 722M | 742M | 809M | 849.5M | |
| Total Revenue | 11.9B | 10.6B | 12.5B | 14.9B | 14.7B | 11.1B | |
| Gross Profit | 4.9B | 4.4B | 5.1B | 5.8B | 5.7B | 4.4B | |
| Other Operating Expenses | 7.1B | 6.2B | 7.4B | 9.1B | 9.1B | 7.7B | |
| Operating Income | 5.0B | 4.4B | 5.6B | 6.0B | 5.5B | 5.8B | |
| Ebit | 5.0B | 4.4B | 5.6B | 6.0B | 5.5B | 5.8B | |
| Ebitda | 6.4B | 5.8B | 6.6B | 7.4B | 7.2B | 7.5B | |
| Cost Of Revenue | 7.1B | 6.2B | 7.4B | 9.1B | 9.0B | 6.7B | |
| Total Operating Expenses | 88M | 19M | 79M | 133M | 136M | 129.2M | |
| Income Before Tax | 4.3B | 3.6B | 5.0B | 5.4B | 4.9B | 5.1B | |
| Total Other Income Expense Net | (649M) | (735M) | (643M) | (609M) | (638M) | (606.1M) | |
| Net Income | 3.3B | 2.8B | 3.8B | 4.2B | 3.7B | 3.9B | |
| Income Tax Expense | 995M | 985M | 862M | 1.2B | 1.2B | 1.2B | |
| Selling General Administrative | 3.0B | (42M) | (64M) | (79M) | (29M) | (27.6M) | |
| Net Income Applicable To Common Shares | 3.3B | 2.8B | 3.8B | 4.2B | 4.8B | 5.0B | |
| Net Income From Continuing Ops | 3.3B | 2.8B | 3.8B | 4.2B | 3.8B | 3.1B | |
| Non Operating Income Net Other | 88M | 19M | 79M | 133M | 153.0M | 160.6M | |
| Tax Provision | 995M | 985M | 862M | 1.2B | 1.2B | 773.3M | |
| Interest Income | 48M | 17M | 7M | 42M | 79M | 69.9M | |
| Net Interest Income | (689M) | (754M) | (722M) | (742M) | (762M) | (800.1M) | |
| Reconciled Depreciation | 1.3B | 1.4B | 1.4B | 1.5B | 1.6B | 1.6B |
CSX Investors Sentiment
The influence of CSX's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CSX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CSX's public news can be used to forecast risks associated with an investment in CSX. The trend in average sentiment can be used to explain how an investor holding CSX can time the market purely based on public headlines and social activities around CSX Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CSX's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CSX's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CSX's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CSX.
CSX Implied Volatility | 37.61 |
CSX's implied volatility exposes the market's sentiment of CSX Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CSX's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CSX stock will not fluctuate a lot when CSX's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CSX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CSX's short interest history, or implied volatility extrapolated from CSX options trading.
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
| 0.7 | CP | Canadian Pacific Railway Earnings Call This Week | PairCorr |
| 0.63 | AAL | American Airlines Earnings Call This Week | PairCorr |
Moving against CSX Stock
| 0.65 | VLRS | Volaris Buyout Trend | PairCorr |
| 0.54 | ATSG | Air Transport Services Financial Report 2nd 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.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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for CSX Stock analysis
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 (0.1) | Dividend Share 0.33 | Earnings Share 1.85 | Revenue Per Share 7.287 | 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.