CSX Corporation (CSX)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,342,000 | 5,527,000 | 5,785,000 | 5,140,000 | 4,362,000 |
| Revenue | US$ in thousands | 14,540,000 | 14,657,000 | 14,853,000 | 12,522,000 | 10,583,000 |
| Gross profit margin | 36.74% | 37.71% | 38.95% | 41.05% | 41.22% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,342,000K ÷ $14,540,000K
= 36.74%
The gross profit margin of CSX Corporation has shown a declining trend over the past five years. Starting at 41.22% on December 31, 2020, it decreased to 36.74% by December 31, 2024. This decline indicates that the company's cost of goods sold relative to its revenues has been increasing, which may suggest pricing pressures, higher production costs, or inefficiencies in managing production and procurement processes. Further analysis is warranted to identify the specific factors contributing to this declining trend and to determine the potential impact on the company's overall profitability and operational performance.
Peer comparison
Dec 31, 2024