CSX Corporation (CSX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 66.55% | 67.96% | 68.13% | 68.21% | 67.94% | 75.99% | 77.32% | 78.78% | 79.45% | 78.40% | 78.62% | 78.55% | 78.87% | 78.99% | 78.50% | 77.65% | 77.49% | 77.97% | 77.38% | 77.03% |
| 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% |
| Pretax margin | 35.23% | 35.96% | 37.14% | 38.16% | 37.61% | 37.46% | 37.92% | 39.44% | 39.90% | 40.14% | 39.92% | 35.57% | 36.14% | 35.80% | 35.53% | 36.74% | 36.10% | 36.30% | 36.11% | 35.98% |
| 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% |
The profitability ratios of CSX Corp. have remained relatively stable over the past eight quarters. The gross profit margin has consistently been at 100.00%, indicating that the company has been able to effectively manage its cost of goods sold.
The operating profit margin has shown a slight decline from 40.34% in Q1 2022 to 37.71% in Q4 2023. This suggests that while the company has been able to generate revenue, its operating expenses may have increased over time.
Similarly, the pretax margin has also exhibited a decreasing trend from 39.19% in Q1 2022 to 33.37% in Q4 2023. This indicates that the company's profitability before taxes has been impacted by factors such as rising costs or declining revenue.
The net profit margin, which represents the final amount of profit after accounting for all expenses and taxes, has fluctuated between 25.35% and 29.98% over the analyzed period. This suggests that despite some variability in profitability, the company has been able to maintain a healthy bottom line.
Overall, while CSX Corp. has demonstrated consistent gross profit margins, there may be areas where the company could focus on improving operational efficiency to enhance its profitability ratios in the future.
Return on investment
| 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 return on assets (Operating ROA) | 13.11% | 13.62% | 14.52% | 14.96% | 14.37% | 14.04% | 14.34% | 14.28% | 13.80% | 13.56% | 12.87% | 10.80% | 10.96% | 10.90% | 11.43% | 12.68% | 12.98% | 13.04% | 13.36% | 13.22% |
| Return on assets (ROA) | 8.76% | 9.19% | 9.98% | 10.35% | 9.94% | 9.66% | 9.76% | 9.73% | 9.33% | 8.99% | 8.43% | 6.80% | 6.95% | 7.04% | 7.44% | 8.41% | 8.71% | 8.77% | 9.07% | 9.04% |
| Return on total capital | 45.83% | 47.68% | 48.75% | 50.31% | 47.71% | 46.03% | 44.04% | 43.77% | 41.44% | 41.32% | 38.32% | 32.56% | 33.27% | 33.79% | 36.56% | 41.42% | 41.85% | 42.60% | 41.22% | 40.53% |
| Return on equity (ROE) | 30.62% | 32.18% | 33.50% | 34.81% | 33.00% | 31.69% | 29.97% | 29.81% | 28.01% | 27.38% | 25.12% | 20.52% | 21.09% | 21.81% | 23.81% | 27.48% | 28.08% | 28.65% | 28.00% | 27.71% |
CSX Corp. has shown consistent profitability based on the analysis of its profitability ratios. Operating return on assets (Operating ROA) has generally been improving over the periods, indicating efficient management at converting assets into operating income, with a range between 13.03% to 14.43%. Return on assets (ROA) has also shown a positive trend, averaging between 8.76% to 10.35%, reflecting the company's ability to generate earnings from its assets.
Moreover, return on total capital has exhibited a similar improving trend, ranging from 18.03% to 19.79%, indicating the company's effective utilization of its total capital to generate returns for its investors. The return on equity (ROE) for CSX Corp. has been consistently strong, with figures ranging from 29.84% to 34.84%, indicating the company's ability to generate significant returns for its equity shareholders.
Overall, based on the profitability ratios, CSX Corp. appears to be effectively managing its assets and capital to generate profits and has been providing attractive returns to its shareholders across the periods analyzed.