Csx (CSX) Return on Invested Capital [ROIC] (2009 - 2026)
Csx (CSX) recorded Return on Invested Capital [ROIC] of 12.59% in Q3 2026, up 1.64 percentage points from 10.95% a year earlier and up 0.94 percentage points from the prior quarter.
Csx (CSX) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Csx reported Return on Invested Capital [ROIC] of 11.02%, down 2.01 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three straight years, with a five-year change of -0.46 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 13.03% in FY2024 (-0.66 pp), 13.69% in FY2023 (-1.50 pp), 15.19% in FY2022 (+0.82 pp) and 14.37% in FY2021 (+2.89 pp).
- The Q3 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in two of the last eight quarters, with an average year-over-year change of -0.88 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 3.94 percentage points in Q1 2022, against a drop of 2.29 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.65% (Q2 2026), 11.29% (Q1 2026) and 10.86% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 15.71% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 12.25% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 12.59% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 5.96% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 7.49% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 9.67% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 10.82% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 8.90% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 25.01% |
| 10 | Ryanair Holdings | 31.32 Bn | 15.58 Bn | - | 14.81% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.59% |
| Jun 30, 2026 | 11.65% |
| Mar 31, 2026 | 11.29% |
| Dec 31, 2025 | 10.86% |
| Sep 30, 2025 | 10.95% |
| Jun 30, 2025 | 11.64% |
| Mar 31, 2025 | 12.15% |
| Dec 31, 2024 | 12.83% |
| Sep 30, 2024 | 13.24% |
| Jun 30, 2024 | 13.14% |
| Mar 31, 2024 | 13.31% |
| Dec 31, 2023 | 13.75% |
| Sep 30, 2023 | 14.12% |
| Jun 30, 2023 | 15.08% |
| Mar 31, 2023 | 15.52% |
| Dec 31, 2022 | 14.92% |
| Sep 30, 2022 | 15.15% |
| Jun 30, 2022 | 15.02% |
| Mar 31, 2022 | 14.93% |
| Dec 31, 2021 | 14.43% |
Csx Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();