•
Dec 31, 2024

CSX Q4 2024 Earnings Report

CSX Corp. reported a decrease in fourth quarter operating income and net income compared to the prior year period, but total volume saw a slight increase.

Key Takeaways

CSX Corp. announced fourth quarter 2024 results with operating income of $1.11 billion and net income of $733 million, or $0.38 per diluted share. Revenue totaled $3.54 billion, a 4% decrease year-over-year. The results include a pre-tax, non-cash goodwill impairment charge of $108 million. Total volume increased by 1% compared to the fourth quarter of 2023.

Operating income for Q4 2024 was $1.11 billion, including a $108 million goodwill impairment charge.

Net income for Q4 2024 was $733 million, or $0.38 per diluted share.

Revenue for Q4 2024 totaled $3.54 billion, a 4% decrease year-over-year.

Total volume for Q4 2024 increased by 1% compared to Q4 2023.

Total Revenue
$3.54B
Previous year: $3.68B
-3.8%
EPS
$0.42
Previous year: $0.45
-6.7%
Gross Profit
$1.21B
Previous year: $1.31B
-7.7%
Cash and Equivalents
$1.01B
Previous year: $1.44B
-30.0%
Free Cash Flow
$550M
Previous year: $809M
-32.0%
Total Assets
$42.8B
Previous year: $42.4B
+0.8%

CSX

CSX

Forward Guidance

CSX will focus on safety, service, and operating efficiency while investing in the network's strength and capabilities, aiming to deliver profitable growth opportunities.

Positive Outlook

  • Focus on delivering industry-leading customer satisfaction.
  • Disciplined approach to safety.
  • Disciplined approach to service.
  • Disciplined approach to operating efficiency performance.
  • Investment in the strength and capabilities of the network.