CSX Corporation (CSX)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,351,000 | 5,452,000 | 5,386,000 | 5,424,000 | 5,527,000 | 5,619,000 | 5,882,000 | 5,986,000 | 5,785,000 | 5,723,000 | 5,547,000 | 5,297,000 | 5,143,000 | 5,016,000 | 4,781,000 | 4,285,000 | 4,362,000 | 4,277,000 | 4,396,000 | 4,852,000 |
| Revenue (ttm) | US$ in thousands | 14,540,000 | 14,681,000 | 14,634,000 | 14,632,000 | 14,657,000 | 14,707,000 | 15,030,000 | 15,146,000 | 14,853,000 | 14,550,000 | 13,947,000 | 13,122,000 | 12,522,000 | 11,920,000 | 11,276,000 | 10,541,000 | 10,583,000 | 10,643,000 | 10,973,000 | 11,779,000 |
| Gross profit margin | 36.80% | 37.14% | 36.80% | 37.07% | 37.71% | 38.21% | 39.14% | 39.52% | 38.95% | 39.33% | 39.77% | 40.37% | 41.07% | 42.08% | 42.40% | 40.65% | 41.22% | 40.19% | 40.06% | 41.19% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,351,000K ÷ $14,540,000K
= 36.80%
The gross profit margin of CSX Corporation has shown fluctuations over the reporting periods from March 31, 2020, to December 31, 2024. Starting at 41.19% in March 2020, the margin decreased to 36.80% by December 2024.
The trend of the gross profit margin shows some variability, with both increases and decreases observed throughout the period. The margin peaked at 42.40% in June 2021 but declined thereafter. The lowest point during the period was seen in December 2024 at 36.80%.
Overall, the decreasing trend in the gross profit margin from 2020 to 2024 suggests that CSX Corporation may be experiencing challenges in maintaining profitability relative to its cost of goods sold. This trend should be further investigated in conjunction with other financial metrics to assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2024