Inferra AIResearch Tools

Inferra AI / Company / CSX

CSX Corporation

CSX · Industrials

Last earnings Oct 21, 2026

Important announcements

CSX Announces Retirement of Chief Operating Officer Mike CoryOct 13, 2026

Key results

Operating incomequarter

$1.09 billion

(NASDAQ CSX) today announced third quarter operating income of $1.09 billion and net earnings of $694 million, or $0.37 per share.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Net incomequarter

$694 million

(NASDAQ CSX) today announced third quarter operating income of $1.09 billion and net earnings of $694 million, or $0.37 per share.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Adjusted operating incomequarter

$1.25 billion

Excluding a non-cash goodwill impairment of $164 million in this year s third quarter results, adjusted operating income was $1.25 billion and adjusted net earnings were $818 million, or $0.44 per share.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Adjusted net incomequarter

$818 million

Excluding a non-cash goodwill impairment of $164 million in this year s third quarter results, adjusted operating income was $1.25 billion and adjusted net earnings were $818 million, or $0.44 per share.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

In the third quarter of 2024, the company reported operating income of $1.35 billion and net earnings of $894 million, or $0.46 per share.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

EPSquarter

$35 million

In the quarter, adjusted operating income and adjusted earnings per share included $35 million and $0.01, respectively, in corporate restructuring, severance, and advisory expenses.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Revenuequarter

$3.59 billion

Revenue totaled $3.59 billion for the quarter, decreasing 1% year-over-year, as the effects of lower export coal prices and a decline in merchandise volume were partially offset by increases in other revenue, higher pricing in merchandise, and intermodal volume growth.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Total revenuequarter

1%

Total revenue decreased 1% in third quarter 2025 when compared to third quarter 2024, due to decreases in export coal revenue, including the impact of lower benchmark rates, as well as declines in merchandise volume.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Trucking revenuequarter

8 %

30, 2024 Change Coal Tonnage Domestic 11.0 10.2 8 % 30.4 29.3 4 % Export 9.9 11.1 (11) 30.2 33.3 (9) Total Coal 20.9 21.3 (2) % 60.6 62.6 (3) % Trucking Revenue Trucking revenue decreased $7 million versus the prior year due to lower rates and fuel surcharge.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

AI analysis

Q3 2025 · reported Oct 16, 2025

Based on: Earnings release + parent 8-K — transcript not held

Revenue · Q3 2025
$3.59B
EX-99 · Oct 16, 2025
Net income · Q3 2025
$694M
EX-99 · Oct 16, 2025
Operating income · Q3 2025
$1.09B
EX-99 · Oct 16, 2025
Adjusted operating income · Q3 2025
$1.25B
EX-99 · Oct 16, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Operating income$1.09 billion——
Net income$694 million——
Adjusted operating income$1.25 billion——
Adjusted net income$818 million——
EPS$35 million——
Revenue$3.59 billion——
Total revenue1%——
Trucking revenue8 %——

EX-99 · Oct 16, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

e) Shares Repurchased During third quarters and nine months ended 2025 and 2024, the Company engaged in the following repurchase activities Quarters Ended Nine Months Ended Sep.

(c) Non-interest bearing liabilities represents all liabilities excluding debt, long-term lease liabilities, and commercial paper ($75 million of commercial paper was outstanding in other current liabilities as of June 30, 2025, and none outstanding in any other period).

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Announces Third Quarter 2025 Results

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

e) Shares Repurchased During third quarters and nine months ended 2025 and 2024, the Company engaged in the following repurchase activities Quarters Ended Nine Months Ended Sep.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

(c) Non-interest bearing liabilities represents all liabilities excluding debt, long-term lease liabilities, and commercial paper ($75 million of commercial paper was outstanding in other current liabilities as of June 30, 2025, and none outstanding in any other period).

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

This measure represents cash available for both equity and bond investors to be used for dividends, share repurchases or principal reduction on outstanding debt.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

The following table reconciles cash provided by operating activities (GAAP measure) to FCF before dividends (non-GAAP measure).

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Strategy & priorities

For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

The Company continues to focus on operational improvements and executing the operating plan to deliver safe, reliable, and efficient service to customers.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Safety is a top priority at CSX, and the Company is committed to reducing risk and enhancing the overall safety of its employees, customers, and communities in which it operates.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Economic Profit is designed to incentivize strategic investments that earn more than management s desired minimum required return and is broadly utilized by management to make investment decisions.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Risks & headwinds

Forward-looking statements are subject to a number of risks and uncertainties, and actual performance or results could differ materially from that anticipated by any forward-looking statements.

SEC original ↗CSX Corporation — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Competitors

Competitors & peers

Named in the company’s own filings

Norfolk Southern (NSC)“CSXT s primary rail competitor is Norfolk Southern Railway, which operates throughout much of the Company s territory.”Southern Company (SO)“CSXT s primary rail competitor is Norfolk Southern Railway, which operates throughout much of the Company s territory.”Union Pacific Corporation (UNP)“During 2025, Norfolk Southern Railway entered into an agreement to merge with Union Pacific Railroad to form the nation's only transcontinental rail network, which requires the approval of the Surface Transportation Board.”
Documents

Filings

62 documents

Earnings releases

37 documents

Presentations

0 documents

No presentations for CSX Corporation are held in this edition of the library.

Transcripts

0 documents

No transcripts for CSX Corporation are held in this edition of the library.

Mentioned by

4 companies

Other tracked companies whose held documents mention CSX Corporation by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.