Csx (CSX) Operating Margin (2009 - 2026)
Csx (CSX) reported Operating Margin of 35.99% for Q1 2026, up 557.0% year-over-year from 5.48% in Q1 2025, and up 13.99% quarter-over-quarter from 31.57% in Q4 2025.
Csx (CSX) Operating Margin (2009 - 2026) Analysis & Trends
Csx (CSX) has 18 years of Operating Margin data on file, last reported at 35.99% in Q1 2026.
- Operating Margin for Q1 2026 came in at 35.99%, up 557.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.43% (down 122.0% YoY), and the FY2025 annual result was 32.06%, down 401.0% from the prior year.
- Operating Margin rose to 35.99% in Q1 2026 per CSX's latest filing, from 31.57% in the prior quarter.
- Over five years, Operating Margin peaked at 44.64% in Q2 2022 and troughed at 30.3% in Q3 2025.
- A 5-year average of 36.37% and a median of 36.32% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2026: Operating Margin sank 1192 bps in 2022, then surged 557 bps in 2026.
- A 5-year view of Operating Margin shows it stood at 37.27% in 2022, then declined by 4 bps to 35.73% in 2023, then retreated by 13 bps to 31.25% in 2024, then advanced by 1 bps to 31.57% in 2025, then climbed by 14 bps to 35.99% in 2026.
- Business Quant data shows CSX's Operating Margin at 35.99% in Q1 2026, 31.57% in Q4 2025, and 30.3% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 39.54% |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 35.99% |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 29.25% |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 33.99% |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 17.53% |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 20.55% |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 4.27% |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 1.69% |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | -482.40% |
| 10 | FreightCar America | 178.32 Mn | 114.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.99% |
| Dec 31, 2025 | 31.57% |
| Sep 30, 2025 | 30.30% |
| Jun 30, 2025 | 35.90% |
| Mar 31, 2025 | 30.41% |
| Dec 31, 2024 | 31.25% |
| Sep 30, 2024 | 37.41% |
| Jun 30, 2024 | 39.12% |
| Mar 31, 2024 | 36.32% |
| Dec 31, 2023 | 35.73% |
| Sep 30, 2023 | 35.58% |
| Jun 30, 2023 | 39.63% |
| Mar 31, 2023 | 39.04% |
| Dec 31, 2022 | 37.27% |
| Sep 30, 2022 | 40.54% |
| Jun 30, 2022 | 44.64% |
| Mar 31, 2022 | 37.56% |
| Dec 31, 2021 | 39.86% |
| Sep 30, 2021 | 43.62% |
| Jun 30, 2021 | 56.56% |