CSX Corporation (CSX)
Return on total capital
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,623,000 | 4,905,000 | 5,076,000 | 5,387,000 | 5,592,000 | 5,507,000 | 5,528,000 | 5,655,000 | 5,810,000 | 6,121,000 | 6,353,000 | 6,156,000 | 6,038,000 | 5,878,000 | 5,860,000 | 5,673,000 | 5,471,000 | 5,170,000 | 4,302,000 | 4,381,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 12,758,000 | 12,377,000 | 12,170,000 | 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 | 13,101,000 |
| Return on total capital | 36.24% | 39.63% | 41.71% | 43.09% | 43.24% | 43.65% | 43.88% | 46.63% | 48.62% | 49.87% | 51.51% | 48.76% | 46.87% | 44.73% | 44.41% | 42.02% | 41.54% | 38.48% | 32.69% | 33.44% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,623,000K ÷ ($—K + $12,758,000K)
= 36.24%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
CSX Corporation
CSX
36.24%
Greenbrier Companies Inc
GBX
22.42%
Norfolk Southern Corporation
NSC
28.67%
Union Pacific Corporation
UNP
56.72%