CSX said operating income for Q1 2025 was $1.0 billion, down $296 million or 22% year over year, and operating margin was 30.4%, down 590 basis points. Earnings per diluted share were $0.34, down $0.11 or 24% year over year.

1. 01

   CSX said operating income for Q1 2025 was $1.0 billion, down $296 million or 22% year over year, and operating margin was 30.4%, down 590 basis points. Earnings per diluted share were $0.34, down $0.11 or 24% year over year.

2. 02

   The company said total revenue for Q1 2025 decreased 7% compared to the prior year, citing decreases in coal revenue, lower fuel recovery and declines in merchandise volume as factors. Expenses were $2.4 billion, up $38 million or 2%, while fuel costs decreased $50 million.

3. 03

   CSX said operating cash flows for Q1 2025 increased $189 million, cash used in investing activities rose $161 million, and the company issued $600 million of long-term debt during the quarter. Cash and cash equivalents increased $206 million net, and at quarter-end cash, cash equivalents and short-term investments totaled $1.1 billion.

4. 04

   The company said planned capital investments for 2025 are expected to be consistent with 2024 spending at approximately $2.5 billion, excluding additional costs to rebuild the Blue Ridge subdivision as a result of impacts from Hurricane Helene. Spending on the Blue Ridge rebuild is currently estimated to exceed $400 million in total, including approximately $50 million spent in 2024.

Key figures

Quarter ended March 31, 2025

Revenue

$3.4B

Operating income

$1.0B

Net income

$646M

EPS

$0.34

Operating cash flow

$1.3B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.