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CSX (CSX) Operating Margin %

: 36.76% (As of Mar. 2024)
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Operating Margin % is calculated as Operating Income divided by its Revenue. CSX's Operating Income for the three months ended in Mar. 2024 was $1,353 Mil. CSX's Revenue for the three months ended in Mar. 2024 was $3,681 Mil. Therefore, CSX's Operating Margin % for the quarter that ended in Mar. 2024 was 36.76%.

The historical rank and industry rank for CSX's Operating Margin % or its related term are showing as below:

CSX' s Operating Margin % Range Over the Past 10 Years
Min: 28.52   Med: 38.7   Max: 41.56
Current: 37.91


CSX's Operating Margin % is ranked better than
93.32% of 973 companies
in the Transportation industry
Industry Median: 7.6 vs CSX: 37.91

CSX's 5-Year Average Operating Margin % Growth Rate was -1.00% per year.

CSX's Operating Income for the three months ended in Mar. 2024 was $1,353 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $5,453 Mil.


CSX Operating Margin % Historical Data

The historical data trend for CSX's Operating Margin % 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.

* Premium members only.

CSX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.69 41.28 41.56 39.48 37.91

CSX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.29 39.74 36.09 36.44 36.76

Competitive Comparison

For the Railroads subindustry, CSX's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CSX Operating Margin % Distribution

For the Transportation industry and Industrials sector, CSX's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CSX's Operating Margin % falls into.



CSX Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

CSX's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=5556 / 14657
=37.91 %

CSX's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1353 / 3681
=36.76 %

* 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.


CSX  (NAS:CSX) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


CSX Operating Margin % Related Terms

Thank you for viewing the detailed overview of CSX's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CSX (CSX) Business Description

Traded in Other Exchanges
Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
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

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