CSX Cash Flow Statement
NASDAQ: CSXIndustrialsRailroadsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CSX free cash flow
In fiscal 2025, CSX generated $4.61 billion of operating cash flow and spent $2.90 billion on capital expenditures. That left free cash flow of $1.71 billion, a free-cash-flow margin of 12.1% of revenue. Free cash flow was down 37.0% from the prior year's $2.72 billion.
CSX returned $2.37 billion to shareholders: $972.0 million in dividends and $1.40 billion in share repurchases, equal to 138% of free cash flow. Free cash flow covered dividend payments 1.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
CSX cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.89B | 3.47B | 3.67B | 4.11B | 3.78B | 2.77B | 3.33B | 3.31B | 5.47B | 1.71B |
| Net Income growth (YoY) | -16.74% | -5.40% | -10.84% | +8.81% | +36.75% | -16.99% | +0.66% | -39.52% | +219.19% | -12.91% |
| Depreciation & Amortization | 1.68B | 1.66B | 1.61B | 1.50B | 1.42B | 1.38B | 1.35B | 1.33B | 1.31B | 1.30B |
| Stock-Based Compensation | 54.00M | 40.00M | 60.00M | 74.00M | 107.00M | 29.00M | 74.00M | 51.00M | 89.00M | 37.00M |
| Change in Working Capital | 128.00M | 85.00M | 23.00M | 39.00M | -13.00M | 63.00M | 143.00M | 58.00M | -29.00M | 124.00M |
| Operating Cash Flow | 4.61B | 5.25B | 5.51B | 5.53B | 5.10B | 4.26B | 4.85B | 4.64B | 3.47B | 3.04B |
| Capital Expenditures | -2.90B | -2.53B | -2.26B | -2.11B | -1.79B | -1.63B | -1.66B | -1.75B | -2.04B | -2.40B |
| Investing Cash Flow | -2.85B | -2.60B | -2.23B | -2.06B | -1.88B | -649.00M | -2.10B | -1.68B | -1.50B | -1.80B |
| Dividends Paid | -972.00M | -930.00M | -882.00M | -852.00M | -839.00M | -797.00M | -763.00M | -751.00M | -708.00M | -680.00M |
| Share Repurchases | -1.40B | -2.24B | -3.48B | -4.73B | -2.89B | -867.00M | -3.37B | -4.67B | -1.97B | -1.06B |
| Debt Issued | 900.00M | 550.00M | 600.00M | 2.00B | 0 | 1.00B | 2.00B | 3.00B | 850.00M | 2.20B |
| Debt Repaid | -613.00M | -558.00M | -153.00M | -186.00M | -426.00M | -745.00M | -518.00M | -19.00M | -333.00M | -1.42B |
| Financing Cash Flow | -2.02B | -3.06B | -3.87B | -3.77B | -4.11B | -1.44B | -2.65B | -2.50B | -2.18B | -1.27B |
| Net Change in Cash | -263.00M | -420.00M | -580.00M | -306.00M | -890.00M | 2.17B | 100.00M | 457.00M | -202.00M | -25.00M |
| Free Cash Flow | 1.71B | 2.72B | 3.26B | 3.41B | 3.31B | 2.64B | 3.19B | 2.90B | 1.43B | 643.00M |
This table shows 10 annual periods of CSX's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CSX's reporting calendar. What is a cash flow statement?