CSX Corporation (CSX)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 42,764,000 | 43,069,000 | 42,362,000 | 42,695,000 | 42,970,000 | 41,850,000 | 41,217,000 | 41,478,000 | 41,912,000 | 42,242,000 | 40,366,000 | 40,452,000 | 40,531,000 | 40,129,000 | 40,015,000 | 39,692,000 | 39,793,000 | 39,443,000 | 38,904,000 | 38,834,000 |
| Operating ROA | 12.27% | 12.66% | 12.73% | 12.75% | 12.92% | 13.62% | 14.52% | 14.96% | 14.37% | 14.03% | 14.32% | 14.26% | 13.79% | 13.56% | 12.87% | 10.80% | 10.96% | 10.90% | 11.43% | 12.68% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,246,000K ÷ $42,764,000K
= 12.27%
CSX Corporation has demonstrated variability in its operating return on assets (operating ROA) over the specified time period. The operating ROA ranged from a low of 10.80% in March 31, 2021, to a high of 14.96% in March 31, 2023. Overall, there appears to be a general upward trend in operating ROA starting from the latter part of 2021 through 2023, with fluctuations in between.
The operating ROA improved from 10.80% in March 31, 2021, to 14.37% in December 31, 2022, representing a noteworthy increase in profitability efficiency. Following this peak, there was a slight decline in operating ROA to 12.27% by December 31, 2024. Although the operating ROA saw fluctuations, the general trend indicates an improvement in the company's ability to generate earnings from its assets over the past few years.
It is important for investors and stakeholders to monitor the operating ROA of CSX Corporation to assess the company's operational efficiency and profitability as it remains a key indicator of the company's performance in utilizing its assets to generate profits.
Peer comparison
Dec 31, 2024