CSX (CSX) Interest Expense : $-818 Mil (TTM As of Mar. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CSX's interest expense for the three months ended in Mar. 2024 was $ -210 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-818 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. CSX's Operating Income for the three months ended in Mar. 2024 was $ 1,353 Mil. CSX's Interest Expense for the three months ended in Mar. 2024 was $ -210 Mil. CSX's Interest Coverage for the quarter that ended in Mar. 2024 was 6.44. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CSX Interest Expense Historical Data

The historical data trend for CSX's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CSX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-737.00

-754.00

-722.00

-742.00

-809.00

CSX Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-201.00	-201.00	-203.00	-204.00	-210.00

CSX Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-818 Mil.

CSX (NAS:CSX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CSX's Interest Expense for the three months ended in Mar. 2024 was $-210 Mil. Its Operating Income for the three months ended in Mar. 2024 was $1,353 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $18,445 Mil.

CSX's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1353	/	-210
	=	6.44

The higher the ratio, the stronger the company's financial strength is.

CSX (CSX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CSX Corp (NAS:CSX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CSX:Mexico CXR:Germany CXR:Germany CSXC34:Brazil

Address

500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202

Website

https://www.csx.com

Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.

Executives

Michael A. Cory	officer: EVP & COO	500 WATER STREET, JACKSONVILLE FL 32202
Joseph R Hinrichs	director, officer: President & CEO	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John J Zillmer	director	ARAMARK CORP, 1101 MARKET ST, PHILADELPHIA PA 19107
James L Wainscott	director	C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Stephen Fortune	officer: EVP - CD&TO	500 WATER STREET, JACKSONVILLE FL 32202
Nathan D Goldman	officer: EVP & CLO	500 WATER STREET, JACKSONVILLE FL 32202
Angela C Williams	officer: VP & Controller	500 WATER STREET, JACKSONVILLE FL 32202
Mark Kenneth Wallace	officer: EVP - Corporate Affairs	7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Sean R. Pelkey	officer: VP & Acting CFO	500 WATER STREET, JACKSONVILLE FL 32202
David M Moffett	director	C/O PAYPAL HOLDINGS INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Diana B Sorfleet	officer: EVP & CAO	500 WATER STREET, JACKSONVILLE FL 32202
Thomas Bostick	director	20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Kevin S. Boone	officer: VP & Interim CFO	500 WATER STREET, JACKSONVILLE FL 32202
James M Foote	officer: EVP & COO	GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Paul C Hilal	director	MANTLE RIDGE, L.P., 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019