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