What is the 13F Pro Quality Score for CSX?

13F Pro ranks CSX CORP (CSX) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CSX's current score at https://13fpro.ai/research/CSX (free sign-up required for the full ranking).

Which hedge funds own the most CSX stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of CSX include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/CSX as soon as new 13F filings post.

Where does 13F Pro source CSX data?

All CSX CORP fundamentals and ownership data come directly from SEC EDGAR. CSX CORP files with the SEC under CIK 277948. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CSX in?

CSX CORP (CSX) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives CSX's revenue?

Per CSX CORP's latest 10-Q filed with the SEC on 2026-04-22, the biggest revenue drivers are: Total Merchandise ($2,188M, +2% YoY); Intermodal ($518M, +5% YoY); Coal ($458M, -1% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/CSX.

What are CSX's largest expenses?

CSX CORP's latest 10-Q reports these as the largest expense items: Labor and Fringe ($812M, -1% YoY); Purchased Services and Other ($616M, -20% YoY); Depreciation and Amortization ($415M, -2% YoY). Sourced directly from SEC EDGAR filing text for Q1 FY2026 (quarter ended March 31, 2026).

How often is CSX research updated on 13F Pro?

CSX's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

CSX CORP(CSX)Stock Analysis

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13F Pro Quality Score

66.4/100

Rank #526 of 2,879 stocksTOP 25%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

25.8/100

Profitability

80.9/100

Balance Sheet

78.1/100

Earnings Quality

26.9/100

Free Cash Flow

68.1/100

Institutional Flow

87.7/100

Revenue Scale

89.9/100

Dilution Risk

79.2/100

CSX Stock Analysis & AI Quality Score

AI stock analysis and institutional research for CSX CORP (CSX), a Industrials sector company. 13F Pro's AI-powered ranking engine scores CSX at 66.4/100 on a 32-signal composite quality model, placing it at rank #526 of 2,879 stocks — the top 25% of the AI-ranked universe. CSX scores in the top quartile across revenue scale (89.9), institutional flow (87.7), profitability (80.9). Areas of concern include revenue growth (25.8) and earnings quality (26.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), CSX CORP reports quarterly revenue of $3.5B, net income of $807.0M, an operating margin of 36.0%. Top institutional holders of CSX by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. CSX trades on the Nasdaq exchange and files with the SEC under CIK 277948. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CSX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CSX CORP directly from SEC EDGAR. CSX CORP's 13F Pro composite quality score has ranged between 8 and 74 since 2021, currently 66.4 — a stable long-term trajectory across 56 quarterly and live scoring snapshots.

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Fun facts about CSX CORP

Quirks, history, and lore behind CSX — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. transportation company · large-cap · listed on Nasdaq · headquartered in Jacksonville, Florida.
2
The Numbers
Annual revenue around $15 billion, with an operating ratio that Wall Street obsesses over — lower is better, and this company has spent decades squeezing it down.
3
The History
Born from a 1980 merger of several historic eastern U.S. rail lines, it emerged from a period of railroad deregulation that reshaped the entire industry.
4
The Secret
It moves everything from coal and chemicals to intermodal containers — but its network is almost entirely confined to the eastern United States.
5
The Lore
Activist investor Mantle Ridge waged a high-profile proxy fight to install a new CEO and push the railroad to run leaner — a drama that consumed investors for years.
6
The Giveaway
Its three-letter ticker is also its full name — and this Class I freight railroad running roughly 20,000 miles of track east of the Mississippi is basically unmistakable.

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What's Driving CSX's Business? Latest 10-Q Breakdown

✓ 27/27 datapoints verified

AI-extracted from CSX CORP's 10-Q filed 2026-04-22 — Q1 FY2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

CSX operating income surged 20% to $1.3B in Q1 2026 on 2% revenue growth and 6% expense reduction, driving operating margin to 36% and diluted EPS to $0.43.

Biggest Revenue Drivers

Total revenue: $3,482M+2% YoY

Total Merchandise$2,188M+2% YoY

Higher pricing in merchandise and increased fuel surcharge revenue.

Intermodal$518M+5% YoY

Volume growth in intermodal, domestic shipments increased due to wins with key customers and new service offerings.

Coal$458M-1% YoY

Domestic coal increased due to higher shipments to utility plants, offset by lower export coal.

Trucking$205M-1% YoY

Trucking revenue was flat to prior year results.

Largest Expense Items

Labor and Fringe$812M-1% YoY

Inflation increases of $41M almost entirely offset by efficiency savings from lower headcount.

Purchased Services and Other$616M-20% YoY

Efficiency savings of $50M net of inflation, $44M gains on property dispositions, and $20M benefit from prior year network disruptions.

Depreciation and Amortization$415M-2% YoY

Decreased primarily as a result of equipment depreciation study.

Fuel$302M+10% YoY

Increased due to 14% increase in locomotive fuel prices.

Margins: Operating margin expanded 560 basis points to 36.0%, driven by expense reduction of $153M (6% decline) outpacing revenue growth of $59M (2% increase). Efficiency savings in purchased services and labor, combined with property disposition gains, more than offset inflationary pressures in fuel and labor costs.

Watch Items from the Filing

Export coal revenue declined due to lower metallurgical coal shipments from weather supply chain impacts; coal segment faces commodity price and seaborne coal market exposure.
Environmental litigation exposure: CSXT indemnifying Pharmacia for Lower Passaic River remediation; Occidental pursuing recovery costs against ~110 defendants including Pharmacia; Company does not believe remediation share will be material.
Capital expenditures planned at less than $2.4B for 2026, down from $719M in Q1 2025, reflecting prior year Blue Ridge rebuild ($133M) completion in September 2025.
Union labor contracts: ~16,700 of 22,200 employees unionized; agreements effective January 1, 2025 ratified by unions representing ~75% of unionized workforce; remaining employees in negotiation.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$3.5B

Net Income

Q1 2026

$807.0M

Free Cash Flow

Q1 2026

$729.0M

Operating Margin

Q1 2026

36.0%

D/E Ratio

Q1 2026

1.39

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

-3.1% YoY

$14.09BFY 2025

FY21 $12.52BFY22 $14.85BFY24 $14.54BFY25 $14.09B

Net Income

-16.7% YoY

$2.89BFY 2025

FY21 $3.78BFY22 $4.11BFY24 $3.47BFY25 $2.89B

Operating Income

-13.8% YoY

$4.52BFY 2025

FY21 $5.59BFY22 $5.95BFY24 $5.25BFY25 $4.52B

EPS (Diluted)

-14.0% YoY

$1.54FY 2025

FY21 $1.68FY22 $1.92FY24 $1.79FY25 $1.54

Total Assets

+2.1% YoY

$43.68BFY 2025

FY21 $40.53BFY22 $41.68BFY24 $42.76BFY25 $43.68B

Total Debt

+2.0% YoY

$18.87BFY 2025

FY21 $16.37BFY22 $18.05BFY24 $18.50BFY25 $18.87B

Op. Cash Flow

-12.1% YoY

$4.61BFY 2025

FY21 $5.10BFY22 $5.53BFY24 $5.25BFY25 $4.61B

Metric	FY 2025	FY 2024	FY 2022	FY 2021	FY 2020	FY 2019
Revenue	$14.09B -3.1%	$14.54B -2.1%	$14.85B +18.6%	$12.52B +18.3%	$10.58B -11.3%	$11.94B
Net Income	$2.89B -16.7%	$3.47B -15.7%	$4.11B +8.8%	$3.78B +36.7%	$2.77B -17.0%	$3.33B
Operating Income	$4.52B -13.8%	$5.25B -11.9%	$5.95B +6.4%	$5.59B +28.2%	$4.36B -12.1%	$4.96B
EPS (Diluted)	$1.54 -14.0%	$1.79 -6.8%	$1.92 +14.3%	$1.68 +320.0%	$0.40 -13.7%	$0.46
Total Assets	$43.68B +2.1%	$42.76B +2.6%	$41.68B +2.8%	$40.53B +1.9%	$39.79B +4.0%	$38.26B
Total Debt	$18.87B +2.0%	$18.50B +2.5%	$18.05B +10.3%	$16.37B -2.0%	$16.70B +2.9%	$16.24B
Operating Cash Flow	$4.61B -12.1%	$5.25B -5.0%	$5.53B +8.4%	$5.10B +19.6%	$4.26B -12.1%	$4.85B

AI Insight: CSX Financial Trends

CSX stabilized operating income in Q1 2026 after three quarters of margin pressure, but revenue remains 6% below Q2 2024 peak.

• Operating income rebounded to $1,253M in Q1 2026 from $1,110M in Q4 2025, reversing prior-quarter decline.

• Revenue contracted from $3,701M in Q2 2024 to $3,482M in Q1 2026, a 5.9% cumulative decline.

• Total debt fell to $18,868M in Q1 2026 from $19,166M in Q2 2025, improving leverage.

⚠ Operating cash flow volatile; Q2 2025 plummeted to $635M versus prior-quarter $1,255M and current $1,272M.

⚠ Net income remains depressed: $807M in Q1 2026 versus $963M in Q2 2024, down 16% year-over-year.

AI Insight: CSX Ratio Trends

CSX rebounded sharply in Q1 2026 across all profitability metrics after a weak Q4 2025, but remains well below peak 2024 levels.

• Operating margin jumped to 36.0% in Q1 2026 from 31.6% in Q4 2025, reversing a multi-quarter decline from 38.7% peak in Q2 2024.

• ROIC recovered to 26.6% in Q1 2026 versus 23.5% prior quarter, but still 430bp below Q2 2024's 30.9% high.

• Net profit margin improved to 23.2% in Q1 2026 from 20.5% in Q4 2025, matching Q2 2025 recovery levels.

⚠ Q1 2026 metrics remain structurally depressed versus 2024: OpMargin -260bp, NPM -280bp, ROIC -430bp year-over-year.

⚠ Volatile quarterly performance (Q1–Q3 2025 trough) suggests underlying operational or demand headwinds persist despite Q1 2026 rebound.

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Available Research

13F Pro tracks comprehensive data for CSX CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CSX

BlackRock, Inc.
$6.6B160,205,035 sh
VANGUARD CAPITAL MANAGEMENT LLC
$5.0B120,833,055 sh
STATE STREET CORP
$3.7B89,026,070 sh
GEODE CAPITAL MANAGEMENT, LLC
$1.8B43,866,270 sh
BANK OF AMERICA CORP /DE/
$1.7B42,161,735 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.5B36,563,882 sh
Bank of New York Mellon Corp
$1.2B28,566,870 sh
Fisher Asset Management, LLC
$1.1B27,247,647 sh
AMERIPRISE FINANCIAL INC
$1.1B26,114,910 sh
MORGAN STANLEY
$1.0B25,459,167 sh

Fund	Value	Shares
BlackRock, Inc.	$6.6B	160,205,035
VANGUARD CAPITAL MANAGEMENT LLC	$5.0B	120,833,055
STATE STREET CORP	$3.7B	89,026,070
GEODE CAPITAL MANAGEMENT, LLC	$1.8B	43,866,270
BANK OF AMERICA CORP /DE/	$1.7B	42,161,735
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.5B	36,563,882
Bank of New York Mellon Corp	$1.2B	28,566,870
Fisher Asset Management, LLC	$1.1B	27,247,647
AMERIPRISE FINANCIAL INC	$1.1B	26,114,910
MORGAN STANLEY	$1.0B	25,459,167

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Is CSX a good stock to buy?

13F Pro's AI-powered analysis of CSX CORP (CSX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CSX are available on the CSX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own CSX?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CSX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CSX CORP's investment landscape.