CSX Corporation (CSX)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,470,000 | 3,715,000 | 4,166,000 | 3,781,000 | 2,765,000 |
| Total stockholders’ equity | US$ in thousands | 12,507,000 | 12,128,000 | 12,625,000 | 13,500,000 | 13,110,000 |
| ROE | 27.74% | 30.63% | 33.00% | 28.01% | 21.09% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $3,470,000K ÷ $12,507,000K
= 27.74%
The return on equity (ROE) for CSX Corporation has shown a positive trend over the years, starting at 21.09% on December 31, 2020, and steadily increasing to 28.01% on December 31, 2021, 33.00% on December 31, 2022, and 30.63% on December 31, 2023. However, there was a slight decline to 27.74% on December 31, 2024. Overall, CSX Corporation has maintained a strong ROE, indicating that the company has been effectively utilizing shareholder equity to generate profits. The fluctuations in ROE over the years may be indicative of changes in the company's financial performance and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2024