CSX Corporation Cash Flow Statement

CSX / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.

CSX Corporation generated $4.6B in operating cash flow and $1.7B in free cash flow in FY2025. Free cash flow margin was 12.1% of revenue.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 1.02 (distress zone, below 1.8 threshold)
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Net Income	$2.9B	$3.5B	$3.7B	$4.1B	$3.8B	$3.3B	$3.3B	$3.3B	$5.5B	$1.7B	$2.0B	$1.9B	$1.9B	$1.9B	$1.9B
Depreciation & Amortization	$1.7B	$1.7B	$1.6B	$1.5B	$1.4B	$1.3B	$1.3B	$1.3B	$1.3B	$1.3B	-	$1.2B	$1.1B	-	-
Operating Cash Flow	$4.6B	$5.2B	$5.5B	$5.5B	$5.1B	$4.6B	$4.8B	$4.6B	$3.5B	$3.0B	$3.4B	$3.3B	$3.3B	$2.9B	$3.5B
Capital Expenditures	$2.9B	$2.5B	$2.3B	$2.1B	$1.8B	$1.7B	$1.7B	$1.7B	$2.0B	$2.4B	$2.6B	$2.4B	$2.3B	$2.3B	$2.3B
Free Cash Flow	$1.7B	$2.7B	$3.3B	$3.4B	$3.3B	$2.9B	$3.2B	$2.9B	$1.4B	$643.0M	$808.0M	$894.0M	$954.0M	$605.0M	$1.2B
Share Buybacks	$1.4B	$2.2B	$3.5B	$4.7B	$2.9B	$4.7B	$3.4B	$4.7B	$2.0B	$1.1B	$804.0M	$517.0M	$353.0M	$734.0M	$1.6B
Dividends Paid	$972.0M	$930.0M	$882.0M	$852.0M	$839.0M	$751.0M	$763.0M	$751.0M	$708.0M	$680.0M	$686.0M	$629.0M	$600.0M	$558.0M	$480.0M
FCF Margin	12.1%	18.7%	22.2%	23.0%	26.4%	23.6%	26.8%	23.6%	12.6%	5.8%	6.8%	7.1%	7.9%	5.1%	10.1%

Other Financial Statements

Income Statement Balance Sheet All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

CSX Corporation Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Net Income

$2.9B

$3.5B

$3.7B

$4.1B

$3.8B

$3.3B

$5.5B

$1.7B

$2.0B

$1.9B

Depreciation & Amortization

$1.7B

$1.6B

$1.5B

$1.4B

$1.3B

$1.2B

$1.1B

Operating Cash Flow

$4.6B

$5.2B

$5.5B

$5.1B

$4.6B

$4.8B

$4.6B

$3.5B

$3.0B

$3.4B

$3.3B

$2.9B

$3.5B

Capital Expenditures

$2.9B

$2.5B

$2.3B

$2.1B

$1.8B

$1.7B

$2.0B

$2.4B

$2.6B

$2.4B

$2.3B

Free Cash Flow

$1.7B

$2.7B

$3.3B

$3.4B

$3.3B

$2.9B

$3.2B

$2.9B

$1.4B

$643.0M

$808.0M

$894.0M

$954.0M

$605.0M

$1.2B

Share Buybacks

$1.4B

$2.2B

$3.5B

$4.7B

$2.9B

$4.7B

$3.4B

$4.7B

$2.0B

$1.1B

$804.0M

$517.0M

$353.0M

$734.0M

$1.6B

Dividends Paid

$972.0M

$930.0M

$882.0M

$852.0M

$839.0M

$751.0M

$763.0M

$751.0M

$708.0M

$680.0M

$686.0M

$629.0M

$600.0M

$558.0M

$480.0M

FCF Margin

12.1%

18.7%

22.2%

23.0%

26.4%

23.6%

26.8%

23.6%

12.6%

5.8%

6.8%

7.1%

7.9%

5.1%

10.1%