NASDAQ$CSX
CSX Corp · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
CSX reported Q4 2025 revenue of $3.51B with net earnings of $720M and EPS of $0.39.
Fourth-quarter revenue was $3.51 billion (-1% YoY) with operating income of $1.11 billion and net earnings of $720 million ($0.39 per share). Prior-year adjusted EPS was $0.42. Management cited subdued industrial demand and $50 million of severance and technology rationalization expense while emphasizing productivity and cost control for 2026.
- Q4 revenue $3.51B; operating income $1.11B.
- Net earnings $720M; EPS $0.39.
- Merchandise pricing offset lower volumes and export coal.
- FY25 revenue $14.09B; operating margin 32.1%.
Headline financials
Revenue & EPS history
CSX · Revenue · Quarterly
$3.51B
Forward guidance
The release discusses CSX's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.
Tailwinds
- CSX cites operational execution and demand trends supporting the outlook.
- Balance sheet and liquidity actions aim to fund growth and shareholder returns.
Headwinds
- Macro, pricing, and input-cost volatility could pressure margins.
- Segment mix and one-time items may affect quarter-to-quarter comparability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
+0.8%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+3.8%
Avg return
30 days after
57%
42 / 74 earnings
Positive
+9.2%
Q1 2008
Best reaction
-9.1%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | +4.7% | +5.4% | |
| Q4 2025 | -0.8% | +4.5% | +18.3% | |
| Q3 2025 | +1.8% | -0.2% | -3.0% | |
| Q2 2025 | +0.1% | +1.3% | -1.1% | |
| Q1 2025 | +1.2% | +1.6% | +14.5% | |
| Q4 2024 | -2.9% | -2.0% | -4.1% | |
| Q3 2024 | -6.8% | -5.2% | -1.0% | |
| Q2 2024 | -0.6% | -0.2% | +2.3% | |
| Q1 2024 | -1.3% | -0.6% | -3.8% | |
| Q4 2023 | +0.3% | +2.0% | +9.9% | |
| Q3 2023 | +0.3% | -3.2% | +3.1% | |
| Q2 2023 | -4.0% | -1.9% | -8.7% | |
| Q1 2023 | +4.1% | +1.1% | +5.7% | |
| Q4 2022 | -5.4% | -6.2% | -3.5% | |
| Q3 2022 | -1.4% | +3.0% | +10.6% | |
| Q2 2022 | +4.3% | +5.5% | +13.8% | |
| Q1 2022 | +2.9% | -1.8% | -12.3% | |
| Q4 2021 | -3.3% | -4.3% | -1.7% | |
| Q3 2021 | +2.6% | +4.7% | +5.8% | |
| Q2 2021 | +4.8% | +5.5% | +8.2% | |
| Q1 2021 | +4.0% | +4.5% | -0.4% | |
| Q4 2020 | -6.0% | -6.8% | -1.2% | |
| Q3 2020 | +2.0% | -1.6% | +14.2% | |
| Q2 2020 | -1.2% | -1.2% | +2.3% | |
| Q1 2020 | +3.3% | +11.7% | +15.2% | |
| Q4 2019 | +1.9% | -0.2% | +6.1% | |
| Q3 2019 | +0.9% | +2.3% | +3.5% | |
| Q2 2019 | -9.1% | -10.4% | -17.9% | |
| Q1 2019 | +4.0% | +4.1% | +3.1% | |
| Q4 2018 | +0.0% | +3.5% | +11.4% | |
| Q3 2018 | -0.2% | -4.1% | +1.9% | |
| Q2 2018 | +7.8% | +8.5% | +14.8% | |
| Q1 2018 | +8.2% | +6.4% | +12.6% | |
| Q4 2017 | -2.6% | -3.0% | -6.2% | |
| Q3 2017 | +1.6% | +3.2% | -5.1% | |
| Q2 2017 | -5.1% | -5.4% | -10.5% | |
| Q1 2017 | +6.3% | +7.5% | +8.0% | |
| Q4 2016 | -4.9% | +14.3% | +22.9% | |
| Q3 2016 | +2.2% | +1.8% | +13.5% | |
| Q2 2016 | +7.4% | +5.4% | +3.8% | |
| Q1 2016 | +6.1% | — | — | |
| Q4 2015 | -5.0% | — | — | |
| Q3 2015 | -4.2% | — | — | |
| Q2 2015 | +1.6% | — | — | |
| Q1 2015 | -0.7% | — | — | |
| Q4 2014 | -0.7% | — | — | |
| Q3 2014 | +4.0% | — | — | |
| Q2 2014 | +0.6% | — | — | |
| Q1 2014 | -2.1% | — | — | |
| Q4 2013 | -5.7% | — | — | |
| Q3 2013 | -0.5% | — | — | |
| Q2 2013 | +3.2% | — | — | |
| Q1 2013 | +0.3% | — | — | |
| Q4 2012 | +3.7% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +0.1% | — | — | |
| Q1 2012 | +1.3% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q3 2011 | +7.1% | — | — | |
| Q2 2011 | +1.3% | — | — | |
| Q1 2011 | -1.9% | — | — | |
| Q4 2010 | -2.6% | — | — | |
| Q3 2010 | +0.3% | — | — | |
| Q2 2010 | -3.5% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q3 2009 | -2.9% | — | — | |
| Q3 2008 | -2.9% | — | — | |
| Q2 2008 | +6.5% | — | — | |
| Q2 2009 | +6.5% | — | — | |
| Q4 2007 | +9.2% | — | — | |
| Q4 2008 | +9.2% | — | — | |
| Q1 2009 | +9.2% | — | — | |
| Q1 2008 | +9.2% | — | — |
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