NasdaqGS:CSX

Stock Analysis Report

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Executive Summary

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. More Details


Snowflake Analysis

Average dividend payer with mediocre balance sheet.


Similar Companies

Share Price & News

How has CSX's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CSX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.4%

CSX

0.2%

US Transportation

-1.3%

US Market


1 Year Return

10.9%

CSX

14.1%

US Transportation

18.5%

US Market

Return vs Industry: CSX underperformed the US Transportation industry which returned 16.7% over the past year.

Return vs Market: CSX underperformed the US Market which returned 19.5% over the past year.


Shareholder returns

CSXIndustryMarket
7 Day-0.4%0.2%-1.3%
30 Day3.3%1.3%5.3%
90 Day12.0%11.0%7.5%
1 Year12.4%10.9%15.7%14.1%21.3%18.5%
3 Year57.8%51.4%67.1%59.0%42.4%32.9%
5 Year219.5%193.5%154.8%132.7%84.2%63.5%

Price Volatility Vs. Market

How volatile is CSX's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CSX undervalued compared to its fair value and its price relative to the market?

21.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CSX ($79.05) is trading above our estimate of fair value ($65.79)

Significantly Below Fair Value: CSX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CSX is good value based on its PE Ratio (21.2x) compared to the US Transportation industry average (27x).

PE vs Market: CSX is poor value based on its PE Ratio (21.2x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: CSX is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: CSX is overvalued based on its PB Ratio (5x) compared to the US Transportation industry average (2.7x).


Next Steps

Future Growth

How is CSX forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

8.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSX's forecast earnings growth (8.3% per year) is above the savings rate (2.2%).

Earnings vs Market: CSX's earnings (8.3% per year) are forecast to grow slower than the US market (22.1% per year).

High Growth Earnings: CSX's earnings are forecast to grow, but not significantly.

Revenue vs Market: CSX's revenue (4.9% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: CSX's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CSX's Return on Equity is forecast to be high in 3 years time (31.8%)


Next Steps

Past Performance

How has CSX performed over the past 5 years?

15.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSX has high quality earnings.

Growing Profit Margin: CSX's current net profit margins (26.4%) are lower than last year (27.9%).


Past Earnings Growth Analysis

Earnings Trend: CSX's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: CSX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CSX had negative earnings growth (-15.8%) over the past year, making it difficult to compare to the Transportation industry average (-17.5%).


Return on Equity

High ROE: Whilst CSX's Return on Equity (23.81%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is CSX's financial position?


Financial Position Analysis

Short Term Liabilities: CSX's short term assets ($3.8B) exceed its short term liabilities ($2.3B).

Long Term Liabilities: CSX's short term assets ($3.8B) do not cover its long term liabilities ($24.4B).


Debt to Equity History and Analysis

Debt Level: CSX's debt to equity ratio (135.2%) is considered high.

Reducing Debt: CSX's debt to equity ratio has increased from 87.4% to 135.2% over the past 5 years.

Debt Coverage: CSX's debt is well covered by operating cash flow (29%).

Interest Coverage: CSX's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Next Steps

Dividend

What is CSX current dividend yield, its reliability and sustainability?

1.30%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: CSX's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: CSX's dividend (1.32%) is low compared to the top 25% of dividend payers in the US market (4.66%).


Stability and Growth of Payments

Stable Dividend: CSX's dividends per share have been stable in the past 10 years.

Growing Dividend: CSX's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.8%), CSX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CSX's dividends in 3 years are forecast to be well covered by earnings (25.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Jim Foote (66 yo)

2.83yrs

Tenure

US$15,527,533

Compensation

Mr. James M. Foote, also known as Jim, has been President, CEO and Director of CSX Corporation since December 22, 2017. Mr. Foote served as Chief Operating Officer of CSX Corporation from October 2017 to D ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD15.53M) is above average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Foote
President2.83yrsUS$15.53m0.00080%
$ 490.4k
Kevin Boone
Executive VP & CFO1.42yrsUS$3.55m0.00094%
$ 576.3k
Jamie Boychuk
Executive Vice President of Operations1yrUS$3.80m0.0013%
$ 784.7k
Nathan Goldman
Executive VP2.92yrsUS$4.64m0.0098%
$ 6.0m
Angela Williams
VP & Chief Accounting Officer2.58yrsno data0.00099%
$ 606.9k
Sarah Brandt
Senior VP & Chief Information Officer4.25yrsUS$3.17mno data
Diana Sorfleet
Executive VP & Chief Administrative Officer2.25yrsno data0.0032%
$ 2.0m
Bill Slater
Head of Investor Relationsno datano datano data
Mark Wallace
Executive VP and Chief Sales & Marketing Officer2.25yrsUS$5.95m0.0036%
$ 2.2m
Greg Mellish
Chief Engineer of Maintenance of Way - North4.58yrsno datano data
Lee Moss
Chief Engineer of Maintenance of Way - South4.58yrsno datano data
Robert Frulla
Senior Vice President of Operations of South2.17yrsno datano data

2.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: CSX's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Foote
President2.83yrsUS$15.53m0.00080%
$ 490.4k
J. Whisler
Independent Director9.42yrsUS$334.37k0.0055%
$ 3.4m
John McPherson
Independent Director12.25yrsUS$279.37k0.0011%
$ 649.8k
David Moffett
Independent Director5.42yrsUS$354.37k0.00076%
$ 465.9k
James Wainscott
Director0.25yrno datano data
John Zillmer
Independent Chairman1.75yrsUS$548.42k0.020%
$ 12.2m
Donna Alvarado
Independent Director14.08yrsUS$284.37k0.0022%
$ 1.4m
Steven Halverson
Independent Director14.08yrsUS$356.87kno data
Linda Riefler
Independent Director3.58yrsUS$280.62k0.00073%
$ 447.5k
Paul Hilal
Vice Chairman3.58yrsUS$279.37kno data
Suzanne Vautrinot
Independent Director0.83yrno datano data
Thomas Bostick
Directorno datano datano data

3.6yrs

Average Tenure

65yo

Average Age

Experienced Board: CSX's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CSX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CSX Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CSX Corporation
  • Ticker: CSX
  • Exchange: NasdaqGS
  • Founded: 1978
  • Industry: Railroads
  • Sector: Transportation
  • Market Cap: US$61.304b
  • Shares outstanding: 765.05m
  • Website: https://www.csx.com

Number of Employees


Location

  • CSX Corporation
  • 500 Water Street
  • 15th Floor
  • Jacksonville
  • Florida
  • 32202
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSXNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1980
0HRJLSE (London Stock Exchange)YesCommon StockGBUSDNov 1980
CXRDB (Deutsche Boerse AG)YesCommon StockDEEURNov 1980
CXRBST (Boerse-Stuttgart)YesCommon StockDEEURNov 1980
CSXWBAG (Wiener Boerse AG)YesCommon StockATEURNov 1980
CSX *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNNov 1980
CSXC34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REP 1 COM USD1BRBRLMay 2019

Biography

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 00:29
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.