CSX Corporation (CSX)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 12,502,000 | 12,931,000 | 12,616,000 | 12,597,000 | 12,128,000 | 11,950,000 | 12,274,000 | 12,334,000 | 12,625,000 | 12,883,000 | 13,141,000 | 13,195,000 | 13,500,000 | 13,172,000 | 13,434,000 | 13,160,000 | 13,110,000 | 12,727,000 | 12,163,000 | 11,888,000 |
| ROE | 27.86% | 28.12% | 28.44% | 28.65% | 30.53% | 32.09% | 33.40% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $3,483,000K ÷ $12,502,000K
= 27.86%
The return on equity (ROE) of CSX Corporation has shown a generally decreasing trend from March 2020 to December 2024. The ROE started at 27.48% in March 2020 and reached its lowest point at 20.52% in March 2021 before gradually increasing again.
From March 2021 to June 2022, there was a consistent upward trend in ROE, peaking at 29.97% in June 2022. However, after that peak, the ROE started to decline again, reaching 27.86% by December 2024.
Overall, although there were fluctuations, the ROE of CSX Corporation remained relatively high throughout the period, indicating the company's ability to generate profit from shareholders' equity. Further analysis would be needed to understand the factors driving the changes in ROE and their implications for the company's financial performance and shareholder value.
Peer comparison
Dec 31, 2024