CSX Corporation (CSX) Operating Margin: 33.45%
Is CSX Corporation’s operating margin high or low?
CSX Corporation's operating margin of 33.45% is 12% below its 5-year average of 38.09%, near the low end of its 5-year range (32.08%–41.20%).
As of Tuesday, June 16, 2026. 3.03% below its 12-month average of 34.49%.
CSX Operating Margin Chart
CSX Average Operating Margin Chart
CSX Current vs Average Operating Margin Chart
CSX Operating Margin Metrics
OPERATING MARGIN
33.45%
OPERATING MARGIN AVG TTM
34.49%
OPERATING MARGIN AVG 3Y
36.59%
OPERATING MARGIN AVG 5Y
38.09%
OPERATING MARGIN AVG 10Y
36.27%
OPERATING MARGIN AVG 15Y
33.90%
OPERATING MARGIN AVG 20Y
30.96%
CURRENT VS TTM AVG
-3.03%
CURRENT VS 3Y AVG
-8.59%
CURRENT VS 5Y AVG
-12.18%
CURRENT VS 10Y AVG
-7.77%
CURRENT VS 15Y AVG
-1.34%
CURRENT VS 20Y AVG
+8.06%
CSX Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CSX Corporation (CSX) | $88.06B | 33.45% | 34.49% | 36.59% | 38.09% |
| Johnson Controls International plc (JCI)vs › | $89.11B | 13.57% | 11.27% | 10.80% | 10.46% |
| Automatic Data Processing, Inc. (ADP)vs › | $89.23B | 19.20% | 26.03% | 25.03% | 23.97% |
| United Parcel Service, Inc. (UPS)vs › | $92.57B | 8.46% | 9.21% | 10.43% | 10.75% |
| 3M Company (MMM)vs › | $82.53B | 19.60% | 19.18% | 16.68% | 18.27% |
| Cummins Inc. (CMI)vs › | $93.79B | 11.24% | 11.24% | 9.52% | 10.13% |
| Emerson Electric Co. (EMR)vs › | $82.07B | 19.96% | 17.42% | 17.53% | 16.97% |
| General Dynamics Corporation (GD)vs › | $97.23B | 10.24% | 10.12% | 10.24% | 10.45% |
| Illinois Tool Works Inc. (ITW)vs › | $75.52B | 26.42% | 26.55% | 25.49% | 24.82% |
| Norfolk Southern Corporation (NSC)vs › | $69.69B | 32.39% | 31.98% | 31.05% | 33.01% |
Operating Efficiency
Gross Margin
37.5%
Operating Margin
33.5%
CSX Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CSX Corporation Operating Margin FAQ
- What is the operating margin for CSX Corporation (CSX)?
- The operating margin for CSX stock is 33.45%.
- Is CSX Corporation's operating margin high or low?
- CSX Corporation's operating margin of 33.45% is 12% below its 5-year average of 38.09%, near the low end of its 5-year range (32.08%–41.20%).
- What is the TTM average operating margin for CSX Corporation (CSX)?
- The TTM average operating margin for CSX stock is 34.49%.
- What is the 3Y average operating margin for CSX Corporation (CSX)?
- The 3Y average operating margin for CSX stock is 36.59%.
- What is the 5Y average operating margin for CSX Corporation (CSX)?
- The 5Y average operating margin for CSX stock is 38.09%.
- What is the 10Y average operating margin for CSX Corporation (CSX)?
- The 10Y average operating margin for CSX stock is 36.27%.
- What is the 15Y average operating margin for CSX Corporation (CSX)?
- The 15Y average operating margin for CSX stock is 33.90%.
- What is the 20Y average operating margin for CSX Corporation (CSX)?
- The 20Y average operating margin for CSX stock is 30.96%.
CSX Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 32.08% |
| 2024-12-31 | 36.91% |
| 2023-12-31 | 37.30% |
| 2022-12-31 | 40.09% |
| 2021-12-31 | 41.20% |
| 2020-12-31 | 40.96% |
| 2019-12-31 | 39.75% |
| 2018-12-31 | 37.90% |
| 2017-12-31 | 32.85% |
| 2016-12-31 | 29.58% |
| 2015-12-31 | 30.34% |
| 2014-12-31 | 28.52% |
| 2013-12-31 | 28.52% |
| 2012-12-31 | 28.61% |
| 2011-12-31 | 28.99% |
| 2010-12-31 | 28.87% |
| 2009-12-31 | 25.27% |
| 2008-12-31 | 24.55% |
| 2007-12-31 | 22.22% |
| 2006-12-31 | 20.02% |
| 2005-12-31 | 15.54% |
| 2004-12-31 | 12.62% |
| 2003-12-31 | 8.03% |
| 2002-12-31 | 13.82% |
| 2001-12-31 | 11.80% |
| 2000-12-31 | 9.83% |
| 1999-12-31 | 5.62% |
| 1998-12-31 | 11.72% |
| 1997-12-31 | 14.90% |
| 1996-12-31 | 14.45% |
About CSX Corporation
CSX Corporation, operating through its subsidiaries, stands as a leading provider of rail-based cargo transportation services. The company offers a wide range of services, including general rail freight, the movement of intermodal containers and trailers, and specialized transport solutions such as efficient rail-to-truck transfers and the handling of bulk commodities. CSX facilitates the shipment of a diverse array of goods, encompassing industrial chemicals, agricultural and food products, automotive components and finished vehicles, minerals, timber products, fertilizers, and various metals and heavy equipment. Additionally, it plays a crucial role in energy supply chains, transporting coal, coke, and iron ore to power generation facilities, steel manufacturers, and industrial plants, and also manages the export of coal via deep-water port access. The company's intermodal operations leverage a robust network of approximately 30 terminals to transport manufactured consumer goods in containers. This also includes drayage services, managing the initial pickup and final delivery of intermodal freight. For the automotive industry, CSX provides dedicated distribution centers and storage locations, and extends its reach to clients without direct rail access by orchestrating transfers of products like plastics and ethanol from rail to road. CSX's substantial infrastructure features an extensive rail network spanning approximately 19,500 route miles. This network strategically connects numerous population centers across 23 states east of the Mississippi River, the District of Columbia, and extends into the Canadian provinces of Ontario and Quebec. Powering these operations, CSX owns and leases around 3,500 locomotives. Its rail lines also provide direct connections to various production and distribution facilities, enhancing supply chain efficiency. Established in 1978, CSX Corporation has its headquarters located in Jacksonville, Florida.
- Sector
- Industrials
- Industry
- Railroads
- CEO
- Stephen F. Angel