CSX Corporation (CSX) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Industrials
Railroads, Line-Haul OperatingSEC EDGAR

CSX Corporation (CSX) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

CSX Corporation FY2024 10-K Analysis

Business Overview

  • Core business rail freight transportation across 20,000 route-miles, including merchandise, intermodal, coal, and trucking services
  • Acquisition of Pan Am Systems in June 2022 expanded Northeastern US market reach, emphasizing geographic expansion
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Management Discussion & Analysis

  • Revenue $14.5B, down $117M or 1% YoY
  • Operating income $5.2B, down $254M or 5% YoY; operating margin 36.1% vs 37.5%
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Risk Factors

  • Regulatory risk from increased rail industry regulation, including environmental and hazardous materials laws and related compliance costs
  • Geopolitical risk from international trade agreements and tariffs impacting demand for freight carried by CSX
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CSX Corporation FY2024 Key Financial Metrics
XBRL

Revenue

$14.5B

-0.8% YoY

Net Income

$3.5B

-6.6% YoY

Operating Margin

36.1%

-187bp YoY

Net Margin

23.9%

-148bp YoY

ROE

27.7%

-287bp YoY

Total Assets

$42.8B

+0.8% YoY

EPS (Diluted)

$1.79

-3.2% YoY

Operating Cash Flow

$5.2B

-5.4% YoY

Source: XBRL data from CSX Corporation FY2024 10-K filing on SEC EDGAR. All figures in USD.

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