CSX Corp. Announces Second Quarter 2025 Results

CSX Corp. announced second quarter 2025 operating income of $1.28 billion compared to $1.45 billion in the prior year period. Net income was $829 million, or $0.44 per diluted share, compared to $963 million, or $0.49 per diluted share, in the same period last year. Total volume of 1.58 million units for the quarter was flat compared to second quarter 2024 and up 4% sequentially.

“The skill and commitment of CSX’s railroaders enabled us to deliver significant sequential improvements in network fluidity and cost efficiency that are apparent in our financial results,” said Joe Hinrichs, president and chief executive officer. “While uncertainty continues to impact select industrial markets, we remain focused on completing two major infrastructure projects that will strengthen our position to execute on many profitable growth opportunities ahead.”

Second Quarter Financial Highlights

• Revenue totaled $3.57 billion for the quarter, decreasing 3% year-over-year, as the effects of lower export coal prices, reduced fuel surcharge, and a decline in merchandise volume were only partially offset by higher merchandise pricing, an increase in other revenue, and growth in intermodal volume.
• Operating income of $1.28 billion decreased 11% compared to the same period in 2024. CSX’s operating margin was 35.9% for the quarter, decreasing by 320 basis points year-over-year but increasing by 550 basis points sequentially.
• EPS of $0.44 decreased 10% compared to the prior year while increasing 29% from the previous quarter.

For full results click here.

About CSX

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://facebook.com/OfficialCSX) and follow us on X, formerly known as Twitter (http://twitter.com/CSX).

Contact:

Matthew Korn, CFA – Investor Relations – (904) 366-4515

Source: CSX Corporation