CSX reported revenue of $14.09 billion for fiscal year 2025 (ended December 31, 2025), down 3.1% from fiscal year 2024. Net income was $2.89 billion, a net margin of 20.5%, and diluted earnings per share were $1.54.
At the end of fiscal year 2025 it had total assets of $43.68 billion, total liabilities of $30.52 billion and shareholders' equity of $13.16 billion, with cash and short-term investments of $675.00 million and total debt of $19.35 billion.
Its operations brought in $4.61 billion of cash; capital spending was $2.90 billion, leaving free cash flow of $1.71 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

Annual • USD
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $14.1B | $14.5B | $14.7B | $14.9B | $12.5B |
| Gross profit | $4.7B | $5.3B | $5.5B | $5.7B | $5.1B |
| Operating income | $4.7B | $5.4B | $5.5B | $5.8B | $5.2B |
| Net income | $2.9B | $3.5B | $3.7B | $4.1B | $3.8B |
| Diluted EPS | $1.54 | $1.79 | $1.85 | $1.95 | $1.68 |
| Total assets | $43.7B | $42.8B | $42.2B | $41.9B | $40.5B |
| Total liabilities | $30.5B | $30.3B | $30.2B | $29.3B | $27.0B |
| Shareholders' equity | $13.2B | $12.5B | $12.0B | $12.6B | $13.5B |
| Cash and short-term investments | $675.0M | $1.0B | $1.4B | $2.1B | $2.3B |
| Total debt | $19.4B | $19.0B | $19.0B | $18.5B | $16.8B |
| Operating cash flow | $4.6B | $5.2B | $5.5B | $5.5B | $5.1B |
| Capital spending | $2.9B | $2.5B | $2.3B | $2.1B | $1.8B |
| Free cash flow | $1.7B | $2.7B | $3.3B | $3.4B | $3.3B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
$14.09 billion, down 3.1% from $14.54 billion in fiscal year 2024.
CSX reported net income of $2.89 billion for fiscal year 2025 (20.5% of revenue); operating income was $4.72 billion.
At the end of fiscal year 2025: cash and short-term investments of $675.00 million and total debt of $19.35 billion.
$1.71 billion in fiscal year 2025 (operating cash flow of $4.61 billion minus capital spending of $2.90 billion).