AI English summary of an SEC filing — figures as filed
CSX said operating income for Q4 2024 was $1.11 billion, compared to $1.32 billion in the prior year period, and net income was $733 million, or $0.38 per diluted share, compared to $0.45 in the same period last year. Total volume was 1.58 million units, 1% higher than the prior year period.
Key points
AI summaryCSX said operating income for Q4 2024 was $1.11 billion, compared to $1.32 billion in the prior year period, and net income was $733 million, or $0.38 per diluted share, compared to $0.45 in the same period last year. Total volume was 1.58 million units, 1% higher than the prior year period.
The company said results for Q4 included a pre-tax, non-cash goodwill impairment charge of $108 million. Adjusted operating income was $1.21 billion, and adjusted net income was $815 million, or $0.42 per diluted share.
CSX said revenue for Q4 totaled $3.54 billion, decreasing 4% year-over-year. The company cited declines in fuel surcharge and coal revenue as offsetting the effects of higher pricing and volume in merchandise and volume growth in intermodal. Operating margin was 31.3% for the quarter, and adjusted operating margin was 34.3%.
The company said full-year 2024 revenue totaled $14.54 billion, decreasing 1% year-over-year, and operating income was $5.25 billion, down 5% from the previous year. Full-year net income was $3.47 billion, or $1.79 per share, compared to $3.67 billion, or $1.82 per share, in 2023.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 Operating Income $1.11 billion, Net Income $733 million
CSX said operating income for Q4 2024 was $1.11 billion, compared to $1.32 billion in the prior year period, and net income was $733 million, or $0.38 per diluted share, compared to $0.45 in the same period last year. Total volume was 1.58 million units, 1% higher than the prior year period.
Source · Based on the filing body and exhibits
$108 million Goodwill Impairment Charge and Adjusted Results
The company said results for Q4 included a pre-tax, non-cash goodwill impairment charge of $108 million. Adjusted operating income was $1.21 billion, and adjusted net income was $815 million, or $0.42 per diluted share.
Source · Based on the filing body and exhibits
Q4 Revenue $3.54 billion, Operating Margin 31.3%
CSX said revenue for Q4 totaled $3.54 billion, decreasing 4% year-over-year. The company cited declines in fuel surcharge and coal revenue as offsetting the effects of higher pricing and volume in merchandise and volume growth in intermodal. Operating margin was 31.3% for the quarter, and adjusted operating margin was 34.3%.
Source · Based on the filing body and exhibits
Full-Year 2024 Revenue $14.54 billion, Net Income $3.47 billion
The company said full-year 2024 revenue totaled $14.54 billion, decreasing 1% year-over-year, and operating income was $5.25 billion, down 5% from the previous year. Full-year net income was $3.47 billion, or $1.79 per share, compared to $3.67 billion, or $1.82 per share, in 2023.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…