CSX Corporation (NASDAQ: CSX) today announced fourth quarter 2025 financial results.
Financial Summary
- Revenue of $3.6 billion
- Operating income of $1.4 billion
- Operating ratio of 60.8%
- EPS of $0.48
Operational Performance
CSX delivered solid fourth quarter results with continued service improvements driving customer satisfaction and volume growth. The company achieved best-ever train velocity and terminal dwell metrics.
Total volume increased 3% year-over-year, with intermodal up 5% and merchandise carloads up 2%. Coal revenue declined 4% on lower export demand partially offset by domestic utility shipments.
Service Excellence
The company continued to advance its ONE CSX operating model. Train velocity improved 8% year-over-year while terminal dwell decreased 12%. Customer service metrics reached record levels across key performance indicators.
CEO Commentary
“CSX delivered another quarter of strong operational and financial performance,” said Joe Hinrichs, President and CEO. “Our ONE CSX strategy is driving sustainable improvements in service, efficiency, and growth. We are well-positioned for continued success in 2026.”
Capital Investment
CSX invested $1.8 billion in its network during the year, focusing on infrastructure renewal, capacity expansion, and technology upgrades. The company expects similar investment levels in 2026.