CSX Corporation (CSX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,561,000 | 5,700,000 | 5,984,000 | 6,205,000 | 6,023,000 | 5,930,000 | 5,787,000 | 5,775,000 | 5,594,000 | 5,443,000 | 5,148,000 | 4,285,000 | 4,362,000 | 4,301,000 | 4,447,000 | 4,924,000 | 4,965,000 | 5,060,000 | 5,066,000 | 5,044,000 |
| 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 |
| Operating profit margin | 40.06% | 40.62% | 41.60% | 42.36% | 41.84% | 41.79% | 42.44% | 44.29% | 45.08% | 46.10% | 46.40% | 42.93% | 43.46% | 42.60% | 41.90% | 42.41% | 41.53% | 41.43% | 41.04% | 40.72% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $5,561,000K ÷ $13,882,000K
= 40.06%
The operating profit margin of CSX Corp. has shown a consistent trend of hovering around the high 30% range over the past eight quarters. In the most recent quarter, Q4 2023, the operating profit margin was 37.71%, slightly lower than the previous quarter but still within the range of historical performance. Overall, the company has maintained relatively strong operating profit margins, indicating effective cost management and revenue generation strategies. However, it's worth noting a slight declining trend in the margins over the past few quarters, which may warrant further investigation to understand the underlying factors influencing this trend.
Peer comparison
Dec 31, 2023