CSX Corporation (CSX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,246,000 | 5,452,000 | 5,393,000 | 5,443,000 | 5,553,000 | 5,700,000 | 5,984,000 | 6,205,000 | 6,023,000 | 5,925,000 | 5,782,000 | 5,770,000 | 5,589,000 | 5,443,000 | 5,148,000 | 4,285,000 | 4,362,000 | 4,301,000 | 4,447,000 | 4,924,000 |
| 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 |
| Operating profit margin | 36.08% | 37.14% | 36.85% | 37.20% | 37.89% | 38.76% | 39.81% | 40.97% | 40.55% | 40.72% | 41.46% | 43.97% | 44.63% | 45.66% | 45.65% | 40.65% | 41.22% | 40.41% | 40.53% | 41.80% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $5,246,000K ÷ $14,540,000K
= 36.08%
The operating profit margin of CSX Corporation has shown fluctuations over the past several quarters. Starting at a high of 41.80% in March 2020, the margin decreased slightly to 40.53% in June 2020, before stabilizing around the low 40% range for the remainder of 2020. In the first half of 2021, there was an uptick in the margin to around 45%, indicating improved operational efficiency.
However, this upward trend was not sustained, as the operating profit margin dipped to 39.81% in June 2023, marking a significant decrease from the previous peak. The margin continued to slide in subsequent quarters, dropping to 36.08% by December 2024.
Overall, the analysis of CSX Corporation's operating profit margin reveals both periods of strength and challenges in maintaining profitability. It is important to closely monitor the company's operational performance and cost management strategies to ensure sustainable financial health.
Peer comparison
Dec 31, 2024