CSX Corporation (CSX)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 5,245,000 | 5,561,000 | 6,023,000 | 5,594,000 | 4,362,000 |
Total assets | US$ in thousands | 42,764,000 | 42,408,000 | 41,912,000 | 40,531,000 | 39,793,000 |
Operating ROA | 12.26% | 13.11% | 14.37% | 13.80% | 10.96% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $5,245,000K ÷ $42,764,000K
= 12.26%
CSX Corporation's operating return on assets (operating ROA) has shown a positive trend over the years, increasing from 10.96% in December 2020 to 12.26% in December 2024. The company's operating ROA reached its peak at 14.37% in December 2022, indicating efficient management of assets to generate operating income. However, in the subsequent years, there was a slight decrease in operating ROA to 13.11% in December 2023 and then to 12.26% in December 2024. Overall, CSX Corporation has demonstrated a relatively strong performance in utilizing its assets to generate operating profits during the period under review.
Peer comparison
Dec 31, 2024