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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.
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.