TTM
33.4%
YoY change
−4.82pp
Trough year (1991)
1.1%
Peak year (2021)
41.2%
Latest annual
32.1%
Operating Margin history chart for CSX (CSX) from 1985 to 2025
Latest: 32.1%
Operating Margin change chart for CSX (CSX) from 1985 to 2025
Latest: −4.82pp
Operating Margin history table for CSX (CSX) from 1985 to 2025
| 2025 | 32.1% | -4.82pp | ||
| 2024 | 36.9% | -0.39pp | ||
| 2023 | 37.3% | -2.79pp | ||
| 2022 | 40.1% | -1.11pp | ||
| 2021 | 41.2% | +0.24pp | ||
| 2020 | 41.0% | +1.21pp | ||
| 2019 | 39.8% | +1.85pp | ||
| 2018 | 37.9% | +5.05pp | ||
| 2017 | 32.9% | +3.28pp | ||
| 2016 | 29.6% | -0.77pp | ||
| 2015 | 30.3% | +1.83pp | ||
| 2014 | 28.5% | -0.00pp | ||
| 2013 | 28.5% | -0.09pp | ||
| 2012 | 28.6% | -0.38pp | ||
| 2011 | 29.0% | +0.11pp | ||
| 2010 | 28.9% | +3.60pp | ||
| 2009 | 25.3% | +0.72pp | ||
| 2008 | 24.5% | +2.33pp | ||
| 2007 | 22.2% | +2.20pp | ||
| 2006 | 20.0% | +4.48pp | ||
| 2005 | 15.5% | +2.92pp | ||
| 2004 | 12.6% | +4.59pp | ||
| 2003 | 8.0% | -5.79pp | ||
| 2002 | 13.8% | +2.02pp | ||
| 2001 | 11.8% | +1.97pp | ||
| 2000 | 9.8% | +4.20pp | ||
| 1999 | 5.6% | -6.10pp | ||
| 1998 | 11.7% | -3.18pp | ||
| 1997 | 14.9% | +0.46pp | ||
| 1996 | 14.4% | +3.29pp | ||
| 1995 | 11.2% | -1.66pp | ||
| 1994 | 12.8% | +2.61pp | ||
| 1993 | 10.2% | +7.17pp | ||
| 1992 | 3.0% | +1.90pp | ||
| 1991 | 1.1% | -8.79pp | ||
| 1990 | 9.9% | -1.29pp | ||
| 1989 | 11.2% | -0.75pp | ||
| 1988 | 12.0% | +0.85pp | ||
| 1987 | 11.1% | -5.22pp | ||
| 1986 | 16.3% | +4.31pp | ||
| 1985 | 12.0% | — |
- 202532.1%-4.82pp
- 202436.9%-0.39pp
- 202337.3%-2.79pp
- 202240.1%-1.11pp
- 202141.2%+0.24pp
- 202041.0%+1.21pp
- 201939.8%+1.85pp
- 201837.9%+5.05pp
- 201732.9%+3.28pp
- 201629.6%-0.77pp
- 201530.3%+1.83pp
- 201428.5%-0.00pp
- 201328.5%-0.09pp
- 201228.6%-0.38pp
- 201129.0%+0.11pp
- 201028.9%+3.60pp
- 200925.3%+0.72pp
- 200824.5%+2.33pp
- 200722.2%+2.20pp
- 200620.0%+4.48pp
- 200515.5%+2.92pp
- 200412.6%+4.59pp
- 20038.0%-5.79pp
- 200213.8%+2.02pp
- 200111.8%+1.97pp
- 20009.8%+4.20pp
- 19995.6%-6.10pp
- 199811.7%-3.18pp
- 199714.9%+0.46pp
- 199614.4%+3.29pp
- 199511.2%-1.66pp
- 199412.8%+2.61pp
- 199310.2%+7.17pp
- 19923.0%+1.90pp
- 19911.1%-8.79pp
- 19909.9%-1.29pp
- 198911.2%-0.75pp
- 198812.0%+0.85pp
- 198711.1%-5.22pp
- 198616.3%+4.31pp
- 198512.0%—
Operating Margin values are taken from CSX's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at CSX (CSX)
According to CSX's latest reported financial statements, the company's latest reported operating margin is 33.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for CSX (CSX) came in at 32.08% – contracted 4.8 percentage points year-over-year.
The record annual operating margin stands at 41.20%, reached in 2021; the historical low of 1.15% was recorded in 1991.
CSX Operating Margin by Year
CSX Operating Margin 2025: 32.1%
2025's operating margin for CSX came in at 32.08%, contracted 4.8 percentage points from 2024.
CSX Operating Margin 2024: 36.9%
CSX posted operating margin of 36.91% in 2024, contracted 0.4 percentage points from 2023.
CSX Operating Margin 2023: 37.3%
In 2023, CSX reported operating margin of 37.30%, contracted 2.8 percentage points from 2022.
CSX Operating Margin 2022: 40.1%
CSX operating margin in 2022 was 40.09%, contracted 1.1 percentage points from 2021.
CSX Operating Margin 2021: 41.2%
CSX operating margin in 2021 was 41.20%.
See more financial history for CSX (CSX).
Sector peers by Operating Margin
Industrials peers of CSX (CSX), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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