CSX Corporation (CSX)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 3,470,000 | 3,715,000 | 4,166,000 | 3,781,000 | 2,765,000 |
Revenue | US$ in thousands | 14,540,000 | 14,657,000 | 14,853,000 | 12,522,000 | 10,583,000 |
Net profit margin | 23.87% | 25.35% | 28.05% | 30.19% | 26.13% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,470,000K ÷ $14,540,000K
= 23.87%
CSX Corporation's net profit margin has shown some fluctuations over the past five years. The net profit margin increased from 26.13% as of December 31, 2020, to a peak of 30.19% by December 31, 2021. However, there was a slight decline in the net profit margin to 28.05% by December 31, 2022, followed by further decreases to 25.35% by December 31, 2023, and 23.87% by December 31, 2024. These declining trends in the net profit margin could indicate potential challenges in managing costs or generating sufficient revenue relative to expenses. It would be essential for stakeholders to further evaluate the company's operational efficiency and profitability drivers to address these declining margins.
Peer comparison
Dec 31, 2024