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Dec 31, 2022

CSX Q4 2022 Earnings Report

CSX's Q4 2022 earnings were announced, revealing an increase in operating income and diluted EPS compared to the same period last year.

Key Takeaways

CSX Corp. reported a strong fourth quarter in 2022, with a 7% increase in operating income to $1.46 billion and a 17% increase in diluted EPS to $0.49 compared to Q4 2021. Revenue also increased by 9% year-over-year, reaching $3.73 billion.

Operating income for Q4 2022 reached $1.46 billion, a 7% increase compared to Q4 2021.

Net earnings for Q4 2022 were $1.02 billion, or $0.49 per share, compared to $934 million, or $0.42 per share, in the same period last year.

Revenue for Q4 2022 reached $3.73 billion, a 9% increase year-over-year.

The company's network performance continued to gain momentum, contributing to strong earnings.

Total Revenue
$3.73B
Previous year: $3.43B
+8.8%
EPS
$0.49
Previous year: $0.42
+16.7%
Gross Profit
$1.4B
Previous year: $1.34B
+4.6%
Cash and Equivalents
$1.96B
Previous year: $2.24B
-12.6%
Free Cash Flow
$668M
Previous year: $709M
-5.8%
Total Assets
$41.7B
Previous year: $40.5B
+2.8%

CSX

CSX

Forward Guidance

CSX is focused on providing exceptional customer service to win share from trucks and drive profitable growth over the long term.