CSX
CSX returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
The reported inputs required for this metric are unavailable in the extracted statements for this period.
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 12.31% | — | — | 7.35% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 11.72% | — | — | 6.98% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 11.3% | — | — | 6.68% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 11.18% | — | — | 6.72% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 12.02% | — | — | 7.27% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 12.46% | — | — | 7.53% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 13.33% | — | — | 8.15% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 13.78% | — | — | 8.55% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 13.74% | — | — | 8.58% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 13.82% | — | — | 8.59% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 14.15% | — | — | 8.81% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 14.49% | — | — | 9.15% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 15.52% | — | — | 10.08% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 16.11% | — | — | 10.48% | — |
| FY 2022 Q4 | Dec 31, 2022 | 16.45% | 15.5% | 33.35% | — | 10.11% | 8.8 pp |
| FY 2022 Q3 | Sep 30, 2022 | — | 15.28% | — | — | 9.91% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 15.22% | — | — | 9.8% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 15.24% | — | — | 9.82% | — |
| FY 2021 Q4 | Dec 31, 2021 | 15.73% | 14.71% | 100.61% | — | 9.41% | 8 pp |
| FY 2021 Q3 | Sep 30, 2021 | — | 14.51% | — | — | 9.07% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 13.8% | — | — | 8.55% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 11.5% | — | — | 6.88% | — |
| FY 2020 Q4 | Dec 31, 2020 | 12.36% | 11.81% | — | — | 7.09% | 4.7 pp |
| FY 2020 Q3 | Sep 30, 2020 | — | 11.76% | — | — | 7.1% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 12.28% | — | — | 7.54% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 13.52% | — | — | 8.49% | — |
| FY 2019 Q4 | Dec 31, 2019 | 14.29% | 14% | 13.33% | — | 8.88% | 6.6 pp |
| FY 2019 Q3 | Sep 30, 2019 | 14.4% | 14.27% | — | — | 9% | 6.7 pp |
| FY 2019 Q2 | Jun 30, 2019 | 14.56% | 14.26% | — | — | 9.19% | 6.9 pp |
| FY 2019 Q1 | Mar 31, 2019 | 14.67% | 14.05% | — | — | 9.12% | 7 pp |
| FY 2018 Q4 | Dec 31, 2018 | 14.23% | 14.18% | — | — | 9.13% | 6.5 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 13.86% | — | — | 18.24% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 12.46% | — | — | 16.96% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 11.59% | — | — | 15.87% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 10.91% | — | — | 15.38% | — |
| FY 2017 Q3 | Sep 30, 2017 | 9.99% | 10.77% | 33.81% | — | 5.09% | 2.3 pp |
| FY 2017 Q2 | Jun 30, 2017 | 9.83% | 10.58% | 10.16% | — | 5.07% | 2.1 pp |
| FY 2017 Q1 | Mar 31, 2017 | 9.76% | 10.24% | -7.07% | — | 4.89% | 2.1 pp |
| FY 2016 Q4 | Dec 30, 2016 | 9.61% | 10.2% | -20.05% | — | 4.87% | 1.9 pp |
| FY 2016 Q3 | Sep 23, 2016 | 9.36% | 9.85% | -88.2% | — | 5.01% | 1.7 pp |
| FY 2016 Q2 | Jun 24, 2016 | 9.61% | 10.17% | -84.5% | — | 5.19% | 1.9 pp |
| FY 2016 Q1 | Mar 25, 2016 | 10.33% | 10.76% | -18.11% | — | 5.55% | 2.6 pp |
| FY 2015 Q4 | Dec 25, 2015 | 10.71% | 11.19% | -2.64% | — | 5.78% | 3 pp |
| FY 2015 Q3 | Sep 25, 2015 | 11.18% | 11.82% | 9.44% | — | 5.98% | 3.5 pp |
| FY 2015 Q2 | Jun 26, 2015 | 11.44% | 12.22% | 10.61% | — | 6.07% | 3.7 pp |
| FY 2015 Q1 | Mar 27, 2015 | 11.62% | 12.27% | 15.91% | — | 6.08% | 3.9 pp |
| FY 2014 Q4 | Dec 26, 2014 | 11.52% | 11.98% | 9.17% | — | 5.94% | 3.8 pp |
| FY 2014 Q3 | Sep 26, 2014 | 11.56% | 11.93% | 0.83% | — | 5.86% | 3.9 pp |
| FY 2014 Q2 | Jun 27, 2014 | 11.39% | 11.81% | -3.29% | — | 5.78% | 3.7 pp |
| FY 2014 Q1 | Mar 28, 2014 | 11.53% | 11.7% | -1.25% | — | 5.85% | 3.8 pp |
| FY 2013 Q4 | Dec 27, 2013 | 11.81% | 12.12% | 3.34% | — | 5.98% | 4.1 pp |
| FY 2013 Q3 | Sep 27, 2013 | 12.4% | 12.58% | 0.35% | — | 6.24% | 4.7 pp |
| FY 2013 Q2 | Jun 28, 2013 | 12.35% | 12.6% | -1.09% | — | 6.26% | 4.6 pp |
| FY 2013 Q1 | Mar 29, 2013 | 12.46% | 12.71% | -2.75% | — | 6.25% | 4.8 pp |
| FY 2012 Q4 | Dec 28, 2012 | 12.4% | 12.63% | 1.05% | — | 6.19% | 4.7 pp |
| FY 2012 Q3 | Sep 28, 2012 | 13.11% | 13.29% | 7.25% | — | 6.44% | 5.4 pp |
| FY 2012 Q2 | Jun 29, 2012 | 13.17% | 13.22% | 14.78% | — | 6.46% | 5.5 pp |
| FY 2012 Q1 | Mar 30, 2012 | 13.27% | 13.48% | 36.79% | — | 6.61% | 5.6 pp |
| FY 2011 Q4 | Dec 30, 2011 | 13.07% | 13.05% | 31.74% | — | 6.32% | 5.4 pp |
| FY 2011 Q3 | Sep 30, 2011 | 13.25% | 13.65% | — | — | 6.49% | 5.5 pp |
| FY 2011 Q2 | Jul 1, 2011 | 12.87% | 13.32% | — | — | 6.29% | 5.2 pp |
| FY 2011 Q1 | Apr 1, 2011 | 12.28% | 12.81% | — | — | 6.04% | 4.6 pp |
| FY 2010 Q4 | Dec 31, 2010 | 11.82% | 12.1% | — | — | 5.67% | 4.1 pp |
| FY 2010 Q3 | Sep 24, 2010 | — | 11.35% | — | — | 5.32% | — |
| FY 2010 Q2 | Jun 25, 2010 | — | 10.49% | — | — | 4.92% | — |
| FY 2010 Q1 | Mar 26, 2010 | — | 9.71% | — | — | 4.5% | — |
| FY 2009 Q4 | Dec 25, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 25, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 26, 2009 | — | — | — | — | — | — |
| FY 2009 Q1 | Mar 27, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · CSX, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.