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% on a QoQ basis from 31.57% in Q4 2025.
Csx (CSX) has 18 years of Operating Margin data on file, last reported at 35.99% in Q1 2026.
- Quarterly Operating Margin rose 557.0% year-over-year to 35.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.43% (down 122.0% YoY) and the FY2025 annual result came in at 32.06%, down 401.0% from the prior year.
- Operating Margin grew to 35.99% in Q1 2026 per CSX's latest filing, from 31.57% in the prior quarter.
- Across five years, Operating Margin topped out at 44.64% in Q2 2022 and bottomed at 30.3% in Q3 2025.
- The 5-year median for Operating Margin is 36.32% (2024), against an average of 36.37%.
- The widest annual swing landed in 2022, when Operating Margin tumbled 1192 bps; it then soared 557 bps in 2026.
- Tracing CSX's Operating Margin over 5 years: stood at 37.27% in 2022, then slipped by 4 bps to 35.73% in 2023, then declined by 13 bps to 31.25% in 2024, then rose by 1 bps to 31.57% in 2025, then gained by 14 bps to 35.99% in 2026.
- Per Business Quant, the three latest CSX Operating Margin figures stand at 35.99% (Q1 2026), 31.57% (Q4 2025), and 30.3% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 39.54% |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 35.99% |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 29.25% |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 33.99% |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 17.53% |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 20.55% |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 4.27% |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 1.69% |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 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% |
| Mar 31, 2021 | 39.14% |
| Dec 31, 2020 | 43.01% |
| Sep 30, 2020 | 43.09% |
| Jun 30, 2020 | 36.72% |
| Mar 31, 2020 | 41.26% |
| Dec 31, 2019 | 40.00% |
| Sep 30, 2019 | 43.22% |
| Jun 30, 2019 | 42.63% |
| Mar 31, 2019 | 40.46% |
| Dec 31, 2018 | 39.74% |
| Sep 30, 2018 | 41.32% |
| Jun 30, 2018 | 41.36% |
| Mar 31, 2018 | 36.30% |
| Dec 31, 2017 | 39.33% |
| Sep 30, 2017 | 31.64% |
| Jun 30, 2017 | 32.63% |
| Mar 31, 2017 | 26.80% |
| Dec 30, 2016 | 33.06% |
| Sep 23, 2016 | 31.03% |
| Jun 24, 2016 | 31.07% |
| Mar 25, 2016 | 26.89% |
| Dec 25, 2015 | 28.44% |
| Sep 25, 2015 | 31.75% |
| Jun 26, 2015 | 33.19% |
| Mar 27, 2015 | 27.85% |
| Dec 26, 2014 | 28.23% |
| Sep 26, 2014 | 30.30% |
| Jun 27, 2014 | 30.73% |
| Mar 28, 2014 | 24.54% |
| Dec 27, 2013 | 26.81% |
| Sep 27, 2013 | 28.14% |
| Jun 28, 2013 | 30.86% |
| Mar 29, 2013 | 29.70% |
| Dec 28, 2012 | 27.88% |
| Sep 28, 2012 | 28.77% |
| Jun 29, 2012 | 30.71% |
| Mar 30, 2012 | 30.09% |
| Dec 30, 2011 | 29.50% |
| Sep 30, 2011 | 29.61% |
| Jul 1, 2011 | 30.53% |
| Apr 1, 2011 | 27.94% |
| Dec 31, 2010 | 30.04% |
| Sep 24, 2010 | 30.95% |
| Jun 25, 2010 | 28.84% |
| Mar 26, 2010 | 25.37% |
| Dec 25, 2009 | 24.96% |
| Sep 25, 2009 | 25.95% |
| Jun 26, 2009 | 26.41% |
| Mar 27, 2009 | 23.14% |