CSX (CSX) ROIC: History & Chart

Name: CSX Corporation (CSX) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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CSX Corporation(CSX)

Railroads · Jacksonville, FL

$48.76-0.28 (-0.58%)

Delayed quote: Sep 11, 2026, 11:20 AM EDT

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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.

Jacksonville, FL

22,200 employees

www.csx.com

Industrials / Railroads

Sector: Industrials
Industry: Railroads
CEO: Stephen F. Angel

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CSX Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

8.99%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

8.79%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

9.74%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

10.09%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

9.65%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

8.89%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

8.30%

CURRENT VS TTM AVG

+2.33%

CURRENT VS 3Y AVG

-7.63%

CURRENT VS 5Y AVG

-10.82%

CURRENT VS 10Y AVG

-6.79%

CURRENT VS 15Y AVG

+1.12%

CURRENT VS 20Y AVG

+8.39%

SECTOR MEDIAN · INDUSTRIALS

9.55%

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

-5.87%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
CSX Corporation (CSX)	$90.32B	8.99%	8.79%	9.74%	10.09%
Howmet Aerospace Inc. (HWM)vs ›	$91.93B	18.58%	16.88%	13.48%	11.66%
Waste Management, Inc. (WM)vs ›	$85.39B	9.01%	8.59%	9.20%	8.88%
General Dynamics Corporation (GD)vs ›	$95.65B	10.94%	10.38%	9.82%	9.64%
Emerson Electric Co. (EMR)vs ›	$84.40B	7.93%	6.36%	6.09%	7.57%
3M Company (MMM)vs ›	$84.33B	14.64%	12.53%	11.28%	12.46%
United Parcel Service, Inc. (UPS)vs ›	$84.26B	8.99%	11.29%	13.45%	14.09%
Trane Technologies plc (TT)vs ›	$97.58B	19.89%	19.84%	17.77%	15.20%
Quanta Services, Inc. (PWR)vs ›	$97.89B	8.49%	7.59%	7.41%	7.19%
Vertiv Holdings Co (VRT)vs ›	$99.06B	20.78%	16.59%	12.27%	10.46%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

CSX Corporation (CSX)

$90.32B

8.99%

8.79%

9.74%

10.09%

Howmet Aerospace Inc. (HWM)vs ›

$91.93B

18.58%

16.88%

13.48%

11.66%

Waste Management, Inc. (WM)vs ›

$85.39B

9.01%

8.59%

9.20%

8.88%

General Dynamics Corporation (GD)vs ›

$95.65B

10.94%

10.38%

9.82%

9.64%

Emerson Electric Co. (EMR)vs ›

$84.40B

7.93%

6.36%

6.09%

7.57%

3M Company (MMM)vs ›

$84.33B

14.64%

12.53%

11.28%

12.46%

United Parcel Service, Inc. (UPS)vs ›

$84.26B

8.99%

11.29%

13.45%

14.09%

Trane Technologies plc (TT)vs ›

$97.58B

19.89%

19.84%

17.77%

15.20%

Quanta Services, Inc. (PWR)vs ›

$97.89B

8.49%

7.59%

7.41%

7.19%

Vertiv Holdings Co (VRT)vs ›

$99.06B

20.78%

16.59%

12.27%

10.46%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for CSX Corporation (CSX)?

The return on invested capital (ROIC) for CSX stock is 8.99%.

Is CSX Corporation's return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 8.99% is 11% below its 5-year average of 10.09%, near the low end of its 5-year range (8.40%–11.67%).

What is the TTM average return on invested capital (ROIC) for CSX Corporation (CSX)?

The TTM average return on invested capital (ROIC) for CSX stock is 8.79%.

What is the 3Y average return on invested capital (ROIC) for CSX Corporation (CSX)?

The 3Y average return on invested capital (ROIC) for CSX stock is 9.74%.

What is the 5Y average return on invested capital (ROIC) for CSX Corporation (CSX)?

The 5Y average return on invested capital (ROIC) for CSX stock is 10.09%.

What is the 10Y average return on invested capital (ROIC) for CSX Corporation (CSX)?

The 10Y average return on invested capital (ROIC) for CSX stock is 9.65%.

What is the 15Y average return on invested capital (ROIC) for CSX Corporation (CSX)?

The 15Y average return on invested capital (ROIC) for CSX stock is 8.89%.

What is the 20Y average return on invested capital (ROIC) for CSX Corporation (CSX)?

The 20Y average return on invested capital (ROIC) for CSX stock is 8.30%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-30	8.99%
2026-03-31	8.71%
2025-12-31	8.40%
2025-09-30	8.66%
2025-06-30	9.19%
2025-03-31	9.51%
2024-12-31	10.14%
2024-09-30	10.19%
2024-06-30	10.08%
2024-03-31	10.08%
2023-12-31	10.48%
2023-09-30	10.73%
2023-06-30	11.43%
2023-03-31	11.67%
2022-12-31	11.19%
2022-09-30	10.98%
2022-06-30	11.07%
2022-03-31	10.62%
2021-12-31	10.21%
2021-09-30	9.98%
2021-06-30	9.48%
2021-03-31	8.55%
2020-12-31	8.63%
2020-09-30	8.68%
2020-06-30	8.94%
2020-03-31	9.78%
2019-12-31	10.03%
2019-09-30	10.06%
2019-06-30	10.34%
2019-03-31	10.26%
2018-12-31	10.20%
2018-09-30	12.56%
2018-06-30	11.42%
2018-03-31	10.86%
2017-12-31	11.10%
2017-09-30	6.96%
2017-06-30	6.87%
2017-03-31	6.60%
2016-12-31	6.29%
2016-09-23	6.06%
2016-06-24	6.26%
2016-03-25	6.57%
2015-12-31	6.79%
2015-09-25	7.23%
2015-06-26	7.31%
2015-03-27	7.42%
2014-12-31	7.34%
2014-09-26	7.29%
2014-06-27	7.21%
2014-03-28	7.27%
2013-12-31	7.48%
2013-09-27	7.65%
2013-06-28	7.61%
2013-03-29	7.62%
2012-12-31	7.55%
2012-09-28	7.98%
2012-06-29	8.06%
2012-03-30	8.17%
2011-12-31	7.86%
2011-09-30	8.16%
2011-07-01	7.77%
2011-04-01	7.65%
2010-12-31	7.19%
2010-09-24	6.98%
2010-06-25	6.58%
2010-03-26	5.96%
2009-12-31	5.83%
2009-09-25	6.07%
2009-06-26	6.43%
2009-03-27	6.92%
2008-12-31	7.27%
2008-09-26	7.01%
2008-06-27	6.43%
2008-03-28	6.12%
2007-12-31	6.05%
2007-09-28	6.00%
2007-06-29	6.29%
2007-03-30	6.62%
2006-12-31	6.56%
2006-09-29	6.12%
2006-06-30	5.46%
2006-03-31	5.14%
2005-12-31	4.85%
2005-09-30	4.61%
2005-07-01	4.44%
2005-04-01	3.39%
2004-12-31	2.94%
2004-09-24	2.88%
2004-06-25	2.20%
2004-03-26	2.18%
2003-12-31	2.23%
2003-09-26	2.33%
2003-06-27	3.43%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-30

8.99%

2026-03-31

8.71%

2025-12-31

8.40%

2025-09-30

8.66%

2025-06-30

9.19%

2025-03-31

9.51%

2024-12-31

10.14%

2024-09-30

10.19%

2024-06-30

10.08%

2024-03-31

10.08%

2023-12-31

10.48%

2023-09-30

10.73%

2023-06-30

11.43%

2023-03-31

11.67%

2022-12-31

11.19%

2022-09-30

10.98%

2022-06-30

11.07%

2022-03-31

10.62%

2021-12-31

10.21%

2021-09-30

9.98%

2021-06-30

9.48%

2021-03-31

8.55%

2020-12-31

8.63%

2020-09-30

8.68%

2020-06-30

8.94%

2020-03-31

9.78%

2019-12-31

10.03%

2019-09-30

10.06%

2019-06-30

10.34%

2019-03-31

10.26%

2018-12-31

10.20%

2018-09-30

12.56%

2018-06-30

11.42%

2018-03-31

10.86%

2017-12-31

11.10%

2017-09-30

6.96%

2017-06-30

6.87%

2017-03-31

6.60%

2016-12-31

6.29%

2016-09-23

6.06%

2016-06-24

6.26%

2016-03-25

6.57%

2015-12-31

6.79%

2015-09-25

7.23%

2015-06-26

7.31%

2015-03-27

7.42%

2014-12-31

7.34%

2014-09-26

7.29%

2014-06-27

7.21%

2014-03-28

7.27%

2013-12-31

7.48%

2013-09-27

7.65%

2013-06-28

7.61%

2013-03-29

7.62%

2012-12-31

7.55%

2012-09-28

7.98%

2012-06-29

8.06%

2012-03-30

8.17%

2011-12-31

7.86%

2011-09-30

8.16%

2011-07-01

7.77%

2011-04-01

7.65%

2010-12-31

7.19%

2010-09-24

6.98%

2010-06-25

6.58%

2010-03-26

5.96%

2009-12-31

5.83%

2009-09-25

6.07%

2009-06-26

6.43%

2009-03-27

6.92%

2008-12-31

7.27%

2008-09-26

7.01%

2008-06-27

6.43%

2008-03-28

6.12%

2007-12-31

6.05%

2007-09-28

6.00%

2007-06-29

6.29%

2007-03-30

6.62%

2006-12-31

6.56%

2006-09-29

6.12%

2006-06-30

5.46%

2006-03-31

5.14%

2005-12-31

4.85%

2005-09-30

4.61%

2005-07-01

4.44%

2005-04-01

3.39%

2004-12-31

2.94%

2004-09-24

2.88%

2004-06-25

2.20%

2004-03-26

2.18%

2003-12-31

2.23%

2003-09-26

2.33%

2003-06-27

3.43%

Return on Invested Capital (ROIC): 8.99%

CSX Return on Invested Capital (ROIC)

CSX Average Return on Invested Capital (ROIC) Chart

CSX Current vs Average Return on Invested Capital (ROIC) Chart

CSX Return on Invested Capital (ROIC) Metrics

CSX Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

CSX Return on Invested Capital (ROIC) History

Related Metrics