Company / Operating Margin
CSX Corporation Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
32.1%
FY2025
5-year range
32.1% / 44.7%
FY2021-FY2025
Trend
-11.1%
vs FY2024
Sector context
#9 of 304
Industrials
What the data says
Among 304 Industrials companies, CSX Corporation is in the top 3% for operating margin. Operating Margin has declined for 4 consecutive years, from 44.7% in FY2021 to 32.1% in FY2025.
Based on SEC 10-K filings.
32.1% in FY2025 with a 5-year CAGR of -7.7%. Top quartile in the Industrials sector.
Declined from 37.5% to 32.1% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -8.0pp
- 5-Year Change
- -7.7pp
- 10-Year Change
- -
Sector benchmark
Top 3% in IndustrialsTop 3% of 304This company 32.1% Sector average -842.8%
▼
+103.8% above sector average
Key checks
Key Insights
- CSX Corporation's operating margin has declined for 4 consecutive years.
- In FY2025, operating margin decreased 11.1% year-over-year.
- Currently 874.8pp above the Industrials sector average.
- Peak operating margin was recorded in FY2021.
Company context
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.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 32.1% | -11.1% |
| FY2024 | 36.1% | -3.9% |
| FY2023 | 37.5% | -6.4% |
| FY2022 | 40.1% | -10.3% |
| FY2021 | 44.7% | +12.4% |
| FY2020 | 39.8% | +21.9% |
| FY2019 | 32.6% | +5.8% |
| FY2018 | 30.8% | +1.6% |
| FY2017 | 30.3% | +6.4% |
| FY2016 | 28.5% | -6.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026