CSX (CSX)

CSX Corporation, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

Company profile

Ticker

CSX

Exchange

NASDAQ

Website

www.csx.com

CEO

James Foote

Incorporated

Virginia

Location

Florida

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Line-Haul Railroads

Industry (SIC)

Railroads, Line - Haul Operating

Burlington Northern Santa Fe • Union Pacific • Norfolk Southern • Kansas City Southern • MediXall • Canadian Pacific Railway • Guangshen Railway • Canadian National Railway • Canadian Pacific Railway ...

SEC CIK

0000277948

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

CSX Transportation, Inc. ...

IRS number

621051971

CSX stock data

1M 1Y 5Y

News

From Benzinga Pro

Wabtec (WAB) Beats Q2 Earnings Estimates, Ups 2022 EPS View

5 Aug 22

Westinghouse Air Brake Technologies Corporation, operating as Wabtec Corporation (NYSE: WAB), reported mixed second-quarter 2022 results wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.

$1000 Invested In CSX 10 Years Ago Would Be Worth This Much Today

29 Jul 22

CSX (NASDAQ:CSX) has outperformed the market over the past 10 years by 3.89% on an annualized basis producing an average annual return of 15.47%. Currently, CSX has a market capitalization of $68.00 billion.

CSX's Q2 Results Get Mixed Reaction From Analysts - Read More For Details

21 Jul 22

Analysts react to CSX Corp's (NASDAQ: CSX) Q2 results.

Higher attrition rates dampen CSX plans for operational rebound

21 Jul 22

Cowen & Co. Maintains Market Perform on CSX, Lowers Price Target to $37

21 Jul 22

Press releases

From Benzinga Pro

CSX Executive Vice President of Sales & Marketing to Address Deutsche Bank Transportation Conference

10 Aug 22

JACKSONVILLE, Fla., Aug. 10, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) executive vice president of sales & marketing, Kevin Boone, will address the Deutsche Bank 2022 Transportation Conference in New York on

Thinking about buying stock in Toughbuilt Industries, Waitr, Nokia, Seelos Therapeutics, or CSX Corp?

21 Jul 22

NEW YORK, July 21, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TBLT, WTRH, NOK, SEEL, and CSX.

CSX Corp. Announces Second Quarter EPS of $0.54

20 Jul 22

JACKSONVILLE, Fla., July 20, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced second quarter 2022 net earnings of $1,178 million, or $0.54 per share, compared to $1,173 million, or $0.52 per share in the

CSX Corp. Declares Quarterly Dividend

13 Jul 22

CSX Releases 2021 ESG Report, Highlights Investment in People and Innovative Environmental Solutions

11 Jul 22

Analyst ratings and price targets

Last 3 months

Average target

$35.60

Low target

$30.00

High target

$40.00

Calendar

20 Jul 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart CSX financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	724M	724M	724M	724M	724M	724M
Cash burn (monthly)	404M	188.5M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	585.29M	273.09M	n/a	n/a	n/a	n/a
Cash remaining	138.71M	450.91M	n/a	n/a	n/a	n/a
Runway (months of cash)	0.3	2.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from CSX earnings reports.

Recent insider trades

CSX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Aug 22	Boychuk Jamie J.	Phantom Stock Common Stock	Grant	Acquire A	Yes	No	32.6	102	3.33K	1,911
1 Jul 22	Boychuk Jamie J.	Phantom Stock Common Stock	Grant	Acquire A	Yes	No	29.34	119	3.49K	1,809
30 Jun 22	Boychuk Jamie J.	Common Stock	Grant	Acquire A	No	No	24.7	583	14.4K	115,430
15 Jun 22	Whisler J Steven	Common Stock	Grant	Acquire A	Yes	No	29.42	1,253	36.86K	54,226
6 Jun 22	John J Zillmer	Common Stock	Sell	Dispose S	No	No	32.25	16,000	516K	320,763
1 Jun 22	Boychuk Jamie J.	Phantom Stock Common Stock	Grant	Acquire A	Yes	No	32	104	3.33K	1,661

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

CSX institutional ownership history Ownership history

74.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1524	1506	+1.2%
Opened positions	129	250	-48.4%
Closed positions	111	78	+42.3%
Increased positions	579	485	+19.4%
Reduced positions	511	466	+9.7%

13F shares	Current	Prev Q	Change
Total value	59.84B	61.33B	-2.4%
Total shares	1.6B	1.63B	-2.0%
Total puts	7.11M	7.05M	+0.9%
Total calls	9.26M	6.25M	+48.3%
Total put/call ratio	0.8	1.1	-32.0%

Largest owners	Shares	Value	Change
Vanguard	185.18M	$6.93B	+0.9%
BLK Blackrock	146.77M	$5.5B	-3.2%
Capital World Investors	137.68M	$5.16B	-25.4%
STT State Street	100.23M	$3.75B	+6.0%
Capital Research Global Investors	80M	$3B	-28.1%
TROW T. Rowe Price	49.71M	$1.86B	+33.3%
Soroban Capital Partners	40.93M	$1.53B	+4.0%
Geode Capital Management	38.14M	$1.42B	+1.7%
Egerton Capital	30.31M	$1.14B	-15.4%
RY Royal Bank Of Canada	26.25M	$983.09M	+294.9%

Largest transactions	Shares	Bought/sold	Change
Capital World Investors	137.68M	-46.81M	-25.4%
Capital Research Global Investors	80M	-31.24M	-28.1%
RY Royal Bank Of Canada	26.25M	+19.6M	+294.9%
Norges Bank	0	-19.49M	EXIT
Ontario Teachers Pension Plan Board	33.77K	-12.91M	-99.7%
TROW T. Rowe Price	49.71M	+12.41M	+33.3%
DB Deutsche Bank AG - Registered Shares	18.04M	+7.89M	+77.8%
Third Point	7.39M	+7.39M	NEW
SLFPY Standard Life Aberdeen	1.49M	-5.67M	-79.2%
STT State Street	100.23M	+5.63M	+6.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Gene Biotherapeutics

Risks

New legislation or regulatory changes could impact the Company's earnings or restrict its ability to independently negotiate prices.
Government regulation and compliance risks may adversely affect the Company's operations and financial results.
CSXT, as a common carrier by rail, is required by law to transport hazardous materials, which could expose the Company to significant costs and claims.
The Company may be subject to various claims and lawsuits that could result in significant expenditures.
An epidemic or pandemic, including the ongoing COVID-19 pandemic, and the initiatives to reduce its transmission could adversely affect the Company's business.
The Company relies on the security, stability and availability of its technology systems to operate its business.
Network or supply chain constraints could have a negative impact on service, operating efficiency or volume of shipments.
Future acts of terrorism, war or regulatory changes to combat the risk of terrorism may cause significant disruptions in the Company's operations.
Severe weather or other natural occurrences could result in significant business interruptions and expenditures in excess of available insurance coverage.
The Company faces competition from other transportation providers.
Global economic conditions could negatively affect demand for commodities and other freight.
Changing dynamics in the U.S. and global energy markets could negatively impact profitability.
Weaknesses in the capital and credit markets could negatively impact the Company’s access to capital.
Disruption to a key railroad industry supplier could negatively affect operating efficiency and increase costs.
Failure to complete negotiations on collective bargaining agreements could result in strikes and/or work stoppages.
The Company’s operations and financial results could be negatively impacted by climate change and regulatory and legislative responses to climate change.
The Company is subject to environmental laws and regulations that may result in significant costs.

Management Discussion

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: arbitration, congressional, conveyed, exhausted, incremental, intervention, mediation, mediator, mine, outlined, presidential, Railway, responded, RLA, sale, salt, semiconductor, territory, wider

Removed: approval, began, cement, close, commensurately, distributed, easement, expand, fertilizer, impacted, repurchasing, retroactively, STB, trading, unrecognized, weekly

From filing 10-Q 2022 Q2

Financial reports

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