CSX Corporation (CSX)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,715,000 | 3,847,000 | 4,112,000 | 4,294,000 | 4,166,000 | 4,082,000 | 3,939,000 | 3,934,000 | 3,781,000 | 3,607,000 | 3,375,000 | 2,701,000 | 2,765,000 | 2,776,000 | 2,896,000 | 3,267,000 | 3,331,000 | 3,403,000 | 3,441,000 | 3,448,000 |
| Revenue (ttm) | US$ in thousands | 13,882,000 | 14,031,000 | 14,385,000 | 14,648,000 | 14,396,000 | 14,190,000 | 13,636,000 | 13,039,000 | 12,410,000 | 11,808,000 | 11,094,000 | 9,982,000 | 10,036,000 | 10,096,000 | 10,613,000 | 11,610,000 | 11,955,000 | 12,213,000 | 12,345,000 | 12,386,000 |
| Net profit margin | 26.76% | 27.42% | 28.59% | 29.31% | 28.94% | 28.77% | 28.89% | 30.17% | 30.47% | 30.55% | 30.42% | 27.06% | 27.55% | 27.50% | 27.29% | 28.14% | 27.86% | 27.86% | 27.87% | 27.84% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,715,000K ÷ $13,882,000K
= 26.76%
The net profit margin of CSX Corp. has shown a slight decline over the quarters, with a gradual decrease from 29.98% in Q1 2022 to 25.35% in Q4 2023. This trend suggests that the company's profitability relative to its revenue has been diminishing over time. While the margins remain relatively healthy, management may need to assess and address factors impacting profitability to ensure sustained financial performance. Additional analysis of the company's cost structure and revenue streams could provide insights into the specific areas impacting the net profit margin and guide strategic decision-making.
Peer comparison
Dec 31, 2023