CSX Corporation (CSX) balance sheet

NASDAQ · Industrials · Railroads · 21,900 employees · CEO Stephen F. Angel

Price: $51.99 -0.48%
Market cap: $96.3B
Enterprise value: $114B
Last report: Q3 '26 filed 2026-10-21
Next report: 2027-01-28 EPS est. $0.52

At the end of Q3 '26 CSX Corporation (CSX) held $1.61B in cash and short-term investments against $19.3B of debt incl. leases. Total assets $45.2B, total liabilities $30.8B, shareholders' equity $14.4B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$1.35B	$1.48B	$1.24B	$1.64B	$933M	$1.14B	$387M	$612M	$670M	$964M	$1.01B	$1.22B
Short-term investments	$83M	$2M	$4M	$12M	$72M	$8M	$6M	$6M	$5M	$145M	$383M	$382M
Receivables	$1.39B	$1.4B	$1.43B	$1.41B	$1.33B	$1.35B	$1.41B	$1.37B	$1.3B	$1.39B	$1.46B	$1.49B
Inventory	$440M	$451M	$417M	$415M	$414M	$438M	$420M	$414M	$390M	$439M	$406M	$401M
Other current assets	$90M	$136M	$91M	$93M	$75M	$87M	$83M	$109M	$187M	$176M	$156M	$142M
Current assets	$3.36B	$3.47B	$3.18B	$3.58B	$2.82B	$3.02B	$2.31B	$2.51B	$2.55B	$3.11B	$3.41B	$3.63B
Property, plant & equipment (net)	$35.2B	$35.6B	$35.5B	$35.7B	$36.1B	$36.3B	$36.7B	$470M	$37.3B	$36.8B	$37.4B	$37.6B
Long-term investments	$2.4B	$2.42B	$2.46B	$2.49B	$2.52B	$2.54B	$2.57B	$2.63B	$2.63B	$2.65B	$2.68B	$2.71B
Goodwill	$325M	$0	$0	$0	$239M	$0	$0	$80M	$80M	$264M	$0	$0
Intangible assets	$181M	$520M	$535M	$544M	$194M	$430M	$437M	$190M	$187M	$0	$261M	$258M
Other non-current assets	$731M	$716M	$738M	$795M	$846M	$868M	$889M	$37.4B	$956M	$1.39B	$958M	$937M
Non-current assets	$38.9B	$39.2B	$39.2B	$39.5B	$39.9B	$40.2B	$40.6B	$40.8B	$41.1B	$41.1B	$41.3B	$41.5B
Total assets	$42.2B	$42.7B	$42.4B	$43.1B	$42.8B	$43.2B	$42.9B	$43.3B	$43.7B	$44.2B	$44.7B	$45.2B
Liabilities
Accounts payable	$1.24B	$1.31B	$1.19B	$1.3B	$1.29B	$1.32B	$1.27B	$1.34B	$1.15B	$1.12B	$1.11B	$1.14B
Accrued expenses	$0	$0	$0	$0	$0	$0	$0	$0	$0	$414M	$549M	$566M
Short-term debt	$558M	$557M	$557M	$6M	$606M	$605M	$616M	$608M	$708M	$710M	$1.7B	$1.7B
Taxes payable	$524M	$382M	$122M	$379M	$508M	$685M	$156M	$164M	$0	$294M	$188M	$205M
Other current liabilities	$387M	$392M	$399M	$413M	$392M	$425M	$485M	$850M	$1.16B	$688M	$432M	$699M
Current liabilities	$3.22B	$3.02B	$2.74B	$2.57B	$3.28B	$3.42B	$2.98B	$2.97B	$3.13B	$3.22B	$4.15B	$4.31B
Long-term debt	$18B	$17.9B	$18B	$18.5B	$17.9B	$18.5B	$18.6B	$18.6B	$18.2B	$18.2B	$17.2B	$17.1B
Lease obligations (non-current)	$491M	$501M	$500M	$494M	$486M	$489M	$484M	$481M	$479M	$469M	$493M	$492M
Deferred tax liabilities	$7.7B	$7.76B	$7.72B	$7.72B	$7.73B	$7.74B	$7.72B	$7.71B	$7.91B	$7.97B	$8B	$8.03B
Other non-current liabilities	$839M	$865M	$836M	$814M	$873M	$854M	$817M	$811M	$831M	$838M	$829M	$839M
Non-current liabilities	$27B	$27.1B	$27B	$27.6B	$27B	$27.6B	$27.6B	$27.6B	$27.4B	$27.4B	$26.5B	$26.5B
Total liabilities	$30.2B	$30.1B	$29.7B	$30.1B	$30.3B	$31B	$30.6B	$30.5B	$30.5B	$30.7B	$30.6B	$30.8B
Equity
Common stock & paid-in capital	$1.96B	$1.96B	$1.94B	$1.93B	$1.9B	$1.88B	$1.86B	$1.86B	$1.86B	$1.86B	$1.85B	$1.84B
Retained earnings	$9.61B	$10.2B	$10.2B	$10.5B	$9.99B	$9.66B	$9.85B	$10.2B	$10.6B	$10.9B	$11.4B	$11.6B
Accumulated other comprehensive income	-$279M	-$306M	-$270M	-$269M	-$232M	-$227M	-$224M	-$220M	-$213M	-$212M	-$209M	-$208M
Shareholders' equity	$12B	$12.6B	$12.6B	$12.9B	$12.5B	$12.2B	$12.4B	$12.8B	$13.2B	$13.6B	$14.1B	$14.4B
Debt
Total debt (incl. leases)	$19B	$19B	$19B	$19B	$19B	$19.6B	$19.7B	$19.6B	$19.4B	$19.3B	$19.4B	$19.3B
Net debt (debt - cash)	$17.7B	$17.5B	$17.8B	$17.4B	$18.1B	$18.5B	$19.3B	$19B	$18.7B	$18.4B	$18.4B	$18.1B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$603M	$401M	$858M	$958M	$3.13B	$2.24B	$1.96B	$1.35B	$933M	$670M
Short-term investments	$417M	$18M	$253M	$996M	$2M	$77M	$129M	$83M	$72M	$5M
Receivables	$938M	$970M	$1.01B	$986M	$912M	$1.15B	$1.31B	$1.39B	$1.33B	$1.3B
Inventory	$407M	$372M	$263M	$261M	$302M	$339M	$341M	$440M	$414M	$390M
Other current assets	$122M	$154M	$181M	$77M	$96M	$70M	$108M	$90M	$75M	$187M
Current assets	$2.49B	$1.92B	$2.57B	$3.28B	$4.44B	$3.87B	$3.85B	$3.36B	$2.82B	$2.55B
Property, plant & equipment (net)	$31.2B	$31.8B	$32B	$32.7B	$32.9B	$33.5B	$34.7B	$35.2B	$36.1B	$37.3B
Long-term investments	$1.46B	$1.69B	$1.78B	$1.88B	$1.99B	$2.1B	$2.29B	$2.4B	$2.52B	$2.63B
Goodwill	$63M	$63M	$0	$0	$63M	$276M	$319M	$325M	$239M	$80M
Intangible assets	$0	$0	$0	$0	$0	$175M	$183M	$181M	$194M	$187M
Other non-current assets	$255M	$311M	$387M	$400M	$388M	$592M	$522M	$731M	$846M	$956M
Non-current assets	$32.9B	$33.8B	$34.2B	$35B	$35.4B	$36.7B	$38.1B	$38.9B	$39.9B	$41.1B
Total assets	$35.4B	$35.7B	$36.7B	$38.3B	$39.8B	$40.5B	$41.9B	$42.2B	$42.8B	$43.7B
Liabilities
Accounts payable	$806M	$847M	$949M	$1.04B	$809M	$963M	$1.13B	$1.24B	$1.29B	$1.15B
Short-term debt	$331M	$19M	$18M	$245M	$401M	$181M	$151M	$558M	$606M	$708M
Taxes payable	$129M	$157M	$106M	$69M	$73M	$134M	$111M	$524M	$508M	$0
Other current liabilities	$229M	$269M	$292M	$305M	$254M	$325M	$372M	$387M	$392M	$1.16B
Current liabilities	$2.04B	$1.89B	$1.92B	$2.15B	$2.02B	$2.23B	$2.47B	$3.22B	$3.28B	$3.13B
Long-term debt	$11B	$11.8B	$14.7B	$16B	$16.3B	$16.2B	$17.9B	$18B	$17.9B	$18.2B
Lease obligations (non-current)	$0	$5M	$4M	$493M	$455M	$478M	$488M	$491M	$486M	$479M
Deferred tax liabilities	$9.6B	$6.42B	$6.69B	$6.96B	$7.17B	$7.38B	$7.57B	$7.7B	$7.73B	$7.91B
Other non-current liabilities	$1.12B	$911M	$801M	$796M	$737M	$752M	$863M	$839M	$873M	$831M
Non-current liabilities	$21.7B	$19.1B	$22.2B	$24.2B	$24.7B	$24.8B	$26.8B	$27B	$27B	$27.4B
Total liabilities	$23.7B	$21B	$24.1B	$26.4B	$26.7B	$27B	$29.3B	$30.2B	$30.3B	$30.5B
Equity
Common stock & paid-in capital	$928M	$890M	$818M	$773M	$2.29B	$2.2B	$2.07B	$1.96B	$1.9B	$1.86B
Retained earnings	$11.3B	$14.1B	$12.2B	$11.4B	$11.3B	$11.6B	$10.4B	$9.61B	$9.99B	$10.6B
Accumulated other comprehensive income	-$640M	-$486M	-$661M	-$675M	-$598M	-$408M	-$388M	-$279M	-$232M	-$213M
Shareholders' equity	$11.7B	$14.7B	$12.6B	$11.9B	$13.1B	$13.5B	$12.6B	$12B	$12.5B	$13.2B
Debt
Total debt (incl. leases)	$11.3B	$11.8B	$14.8B	$16.7B	$17.2B	$16.8B	$18.5B	$19B	$19B	$19.4B
Net debt (debt - cash)	$10.7B	$11.4B	$13.9B	$15.8B	$14B	$14.6B	$16.6B	$17.7B	$18.1B	$18.7B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30

Data as of 2026-11-01