Stock Analysis on Net

CSX Corp. (NASDAQ:CSX)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 20, 2023.

Return on Assets (ROA)
since 2005

Microsoft Excel

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Calculation

CSX Corp., ROA, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).

1 US$ in millions


The financial data reveals several notable trends across the observed periods. Net earnings exhibit an overall upward trajectory with some variability. Starting from 1,145 million USD, net earnings increase gradually, peaking at 5,471 million USD in the year ending December 31, 2017. Following this peak, there is a decline to 1,714 million USD in 2016, after which the earnings recover and continue to rise, reaching 4,166 million USD by the end of 2022.

Total assets show steady growth throughout the years. Beginning at 24,232 million USD in 2005, total assets increase consistently year-over-year, culminating at 41,912 million USD in 2022. This steady asset growth suggests ongoing investment and expansion within the company.

Return on Assets (ROA) as a percentage generally mirrors the net earnings trend with some fluctuations. Initially, ROA increases from 4.73% in 2005 to around 6.18% in 2011, indicating improving efficiency in generating profit from assets. The ROA then stays relatively stable until 2016, when an anomalous spike occurs, reaching 15.31% in 2017. This sharp increase corresponds with the peak in net earnings and may indicate an extraordinary event or operational improvement. After the spike, ROA declines but remains higher than in earlier years, settling at 9.94% in 2022.

The relationship between net earnings, total assets, and ROA suggests that while asset base expansion has been consistent, profitability and efficiency in utilizing these assets have experienced fluctuations. The years around 2017 stand out with exceptional financial performance, followed by a period of adjustment and recovery. By the end of the period, the company demonstrates solid earning capacity and asset utilization efficiency.

Net Earnings
General upward trend with peak in 2017, followed by a dip and subsequent recovery through 2022.
Total Assets
Consistent year-on-year increase from 24.2 billion USD to 41.9 billion USD over the period.
Return on Assets (ROA)
Gradual increase early on, significant spike in 2017, then moderation to a stable higher level than initial years.

Comparison to Competitors

CSX Corp., ROA, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).


Comparison to Sector (Transportation)


Comparison to Industry (Industrials)