CSX Corporation (CSX)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,483,000 | 3,636,000 | 3,588,000 | 3,609,000 | 3,703,000 | 3,835,000 | 4,100,000 | 4,294,000 | 4,166,000 | 4,082,000 | 3,939,000 | 3,934,000 | 3,781,000 | 3,607,000 | 3,375,000 | 2,701,000 | 2,765,000 | 2,776,000 | 2,896,000 | 3,267,000 |
| 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 |
| ROA | 8.14% | 8.44% | 8.47% | 8.45% | 8.62% | 9.16% | 9.95% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $3,483,000K ÷ $42,764,000K
= 8.14%
The return on assets (ROA) of CSX Corporation has shown fluctuations over the period of the available data. The ROA started at 8.41% as of March 31, 2020, and experienced a gradual decline until reaching its lowest point of 6.80% as of March 31, 2021. Subsequently, the ROA began to increase steadily, reaching a peak of 10.35% as of March 31, 2023.
Following this peak, there was a slight decrease in ROA to 8.62% by December 31, 2023, before a further decline to 8.14% by December 31, 2024. Overall, the ROA of CSX Corporation has shown some volatility but generally trended upwards, indicating the company's efficiency in generating profits from its assets. It is important for investors and stakeholders to monitor ROA trends over time to assess the company's performance in utilizing its assets to generate returns.
Peer comparison
Dec 31, 2024