What is the current annual operating margin of CSX?

As of today, CSX annual operating margin is 33.25%

What is 1-year change in CSX annual operating margin?

CSX annual operating margin is down -9.92% year-over-year

What is 3-year change in CSX annual operating margin?

CSX annual operating margin is down -14.63% over the past 3 years

How far is CSX annual operating margin from its all-time high?

CSX annual operating margin is currently -19.30% below its historical high of 41.20% set on December 31, 2021

How does CSX annual operating margin rank versus sector peers?

CSX annual operating margin is higher than 96.44% of companies in Industrials sector

When is CSX next annual earnings release?

The next annual earnings release for CSX is on January 28, 2027

What is the current quarterly operating margin of CSX?

As of today, CSX quarterly operating margin is 39.08%

What is CSX quarterly operating margin most recent change?

CSX quarterly operating margin was up +2.12% on September 30, 2026

What is 1-year change in CSX quarterly operating margin?

CSX quarterly operating margin is up +12.04% year-over-year

How far is CSX quarterly operating margin from its all-time high?

CSX quarterly operating margin is currently -11.74% below its historical high of 44.28% set on June 30, 2021

How does CSX quarterly operating margin rank versus sector peers?

CSX quarterly operating margin is higher than 96.12% of companies in Industrials sector

When is CSX next earnings release?

The next earnings release for CSX is on January 28, 2027

CSX Corporation (CSX) Operating Margin History & Chart

Annual Operating Margin

33.25%3.66%-9.92%

December 31, 2025

Summary

Current Value: As of today, CSX annual operating margin is 33.25%, down -9.92% on December 31, 2025
Historical Performance: CSX annual operating margin is down -14.63% over the past 3 years, down -18.82% over the past 5 years
All-Time High Comparison: CSX annual operating margin is currently -19.30% below its historical high of 41.20% set on December 31, 2021
3-Year Low Comparison: CSX annual operating margin is at its 3-year low
Sector Comparison: CSX annual operating margin is higher than 96.44% of companies in Industrials sector

Operating Margin Chart

beforeafter

Performance

CSX Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	33.25%	-9.9%	-14.6%	-18.8%	+15.2%
Quarterly Operating Margin	Sep 30, 26	39.08%	+12.0%	+10.9%	-6.5%	+31.9%
Price	Nov 4, 26	$52.05	+47.4%	+71.2%	+47.0%	+617.6%
PE Ratio	Nov 4, 26	27.00	+17.6%	+66.0%	+21.0%	+101.5%
Annual Revenue	Dec 31, 25	$14.09B	-3.1%	-5.1%	+33.2%	+32.5%
Annual Operating Profit	Dec 31, 25	$4.69B	-12.7%	-19.0%	+8.1%	+52.6%
Annual Gross Margin	Dec 31, 25	33.25%	-12.2%	-16.7%	-20.8%	+10.4%
Annual Net Margin	Dec 31, 25	20.50%	-14.1%	-26.9%	-21.6%	+39.5%

Operating Margin Highs

CSX Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	38.95%	N/A	-14.6%
5Y	41.20%	Dec 31, 21	-19.3%
All	41.20%	Dec 31, 21	-19.3%

Operating Margin Lows

CSX Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	33.25%	Dec 31, 25	at low
5Y	33.25%	Dec 31, 25	at low
All	3.05%	Dec 31, 92	+990.2%

Operating Margin History

Year	Value	Change
2025	33.25%	-9.9%
2024	36.91%	-1.0%
2023	37.30%	-4.2%
2022	38.95%	-5.5%
2021	41.20%	+0.6%
2020	40.96%	+3.0%
2019	39.75%	+4.9%
2018	37.90%	+15.4%
2017	32.85%	+11.1%
2016	29.58%	-2.5%
2015	30.34%	+6.4%
2014	28.52%	0.0%
2013	28.52%	-0.3%
2012	28.61%	-1.3%
2011	28.99%	+0.4%
2010	28.87%	+14.2%
2009	25.27%	+2.9%
2008	24.55%	+10.5%
2007	22.22%	+11.0%
2006	20.02%	+28.8%
2005	15.54%	+23.4%
2004	12.59%	+46.4%
2003	8.60%	-37.8%

Year	Value	Change
2002	13.82%	+10.2%
2001	12.54%	+27.6%
2000	9.83%	-0.1%
1999	9.84%	-13.8%
1998	11.42%	-33.4%
1997	17.15%	+18.7%
1996	14.45%	+29.5%
1995	11.16%	-12.9%
1994	12.82%	+14.0%
1993	11.25%	+268.9%
1992	3.05%	-69.2%
1991	9.89%	-0.4%
1990	9.93%	-11.5%
1989	11.22%	-6.3%
1988	11.97%	+7.5%
1987	11.13%	-18.9%
1986	13.73%	+14.0%
1985	12.04%	-6.2%
1984	12.83%	+18.7%
1983	10.81%	+57.4%
1982	6.87%	-38.7%
1981	11.20%	+6.8%
1980	10.49%	-

FAQ

What is the current annual operating margin of CSX?: As of today, CSX annual operating margin is 33.25%
What is 1-year change in CSX annual operating margin?: CSX annual operating margin is down -9.92% year-over-year
What is 3-year change in CSX annual operating margin?: CSX annual operating margin is down -14.63% over the past 3 years
How far is CSX annual operating margin from its all-time high?: CSX annual operating margin is currently -19.30% below its historical high of 41.20% set on December 31, 2021
How does CSX annual operating margin rank versus sector peers?: CSX annual operating margin is higher than 96.44% of companies in Industrials sector
When is CSX next annual earnings release?: The next annual earnings release for CSX is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

39.08%0.81%+2.12%

September 30, 2026

Summary

Current Value: As of today, CSX quarterly operating margin is 39.08%, up +2.12% on September 30, 2026
Historical Performance: CSX quarterly operating margin is up +12.04% year-over-year, up +10.87% over the past 3 years
All-Time High Comparison: CSX quarterly operating margin is currently -11.74% below its historical high of 44.28% set on June 30, 2021
3-Year Low Comparison: CSX quarterly operating margin is +28.51% above its 3-year low of 30.41% reached on March 31, 2025
Sector Comparison: CSX quarterly operating margin is higher than 96.12% of companies in Industrials sector

Performance

CSX Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	39.08%	+2.1%	+12.0%	+10.9%	-6.5%
Annual Operating Margin	Dec 31, 25	33.25%	–	-9.9%	-14.6%	-18.8%
Price	Nov 4, 26	$52.05	+1.8%	+47.4%	+71.2%	+47.0%
PE Ratio	Nov 4, 26	27.00	-8.5%	+17.6%	+66.0%	+21.0%
Quarterly Revenue	Sep 30, 26	$4.02B	+2.1%	+12.0%	+12.5%	+22.0%
Quarterly Operating Profit	Sep 30, 26	$1.57B	+4.3%	+25.5%	+24.7%	+14.1%
Quarterly Gross Margin	Sep 30, 26	39.08%	+2.1%	+12.0%	+10.9%	-6.5%
Quarterly Net Margin	Sep 30, 26	26.19%	+2.9%	+35.4%	+13.0%	-10.9%

Quarterly Operating Margin Highs

CSX Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	39.08%	Sep 30, 26	at high
3Y	39.08%	Sep 30, 26	at high
5Y	41.80%	N/A	-6.5%
All	44.28%	Jun 30, 21	-11.7%

Quarterly Operating Margin Lows

CSX Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	31.64%	Dec 31, 25	+23.5%
3Y	30.41%	Mar 31, 25	+28.5%
5Y	30.41%	Mar 31, 25	+28.5%
All	-261.34%	Dec 31, 85	+115.0%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	39.08%	+2.1%
Jun 2026	38.27%	+6.5%
Mar 2026	35.93%	+13.6%
Dec 2025	31.64%	-9.3%
Sep 2025	34.88%	-2.8%
Jun 2025	35.90%	+18.1%
Mar 2025	30.41%	-11.1%
Dec 2024	34.22%	-8.7%
Sep 2024	37.47%	-3.2%
Jun 2024	38.69%	+6.5%
Mar 2024	36.32%	+2.3%
Dec 2023	35.52%	+0.8%
Sep 2023	35.25%	-9.6%
Jun 2023	38.98%	-0.2%
Mar 2023	39.07%	+3.8%
Dec 2022	37.64%	-3.9%
Sep 2022	39.15%	-5.1%
Jun 2022	41.26%	+12.2%
Mar 2022	36.77%	-6.5%
Dec 2021	39.31%	-6.0%
Sep 2021	41.80%	-5.6%
Jun 2021	44.28%	+13.5%
Mar 2021	39.03%	-7.4%
Dec 2020	42.16%	-1.9%
Sep 2020	42.98%	+16.1%
Jun 2020	37.03%	-8.9%
Mar 2020	40.63%	+5.8%
Dec 2019	38.41%	-4.3%
Sep 2019	40.13%	-1.5%
Jun 2019	40.74%	+4.6%
Mar 2019	38.93%	+2.0%
Dec 2018	38.18%	-1.7%
Sep 2018	38.86%	-0.9%
Jun 2018	39.20%	+14.2%
Mar 2018	34.32%	+1.4%
Dec 2017	33.85%	+9.2%
Sep 2017	30.99%	-13.9%
Jun 2017	36.00%	+16.7%
Mar 2017	30.85%	-6.7%
Dec 2016	33.06%	+6.5%
Sep 2016	31.03%	-0.1%
Jun 2016	31.07%	+15.5%
Mar 2016	26.89%	-5.5%
Dec 2015	28.44%	-10.4%
Sep 2015	31.75%	-4.3%
Jun 2015	33.19%	+19.2%
Mar 2015	27.85%	-1.3%
Dec 2014	28.23%	-6.8%
Sep 2014	30.30%	-1.4%
Jun 2014	30.73%	+25.2%
Mar 2014	24.54%	-5.7%
Dec 2013	26.03%	-8.6%
Sep 2013	28.48%	-7.9%
Jun 2013	30.92%	+8.1%
Mar 2013	28.60%	+5.9%
Dec 2012	27.01%	-5.1%
Sep 2012	28.47%	-7.1%
Jun 2012	30.64%	+8.6%
Mar 2012	28.22%	-1.0%
Dec 2011	28.50%	-3.8%
Sep 2011	29.63%	-3.4%
Jun 2011	30.67%	+11.5%
Mar 2011	27.51%	-8.4%
Dec 2010	30.04%	-2.9%
Sep 2010	30.95%	+7.3%
Jun 2010	28.84%	+13.3%
Mar 2010	25.45%	+1.3%
Dec 2009	25.13%	-3.8%
Sep 2009	26.12%	-2.0%
Jun 2009	26.64%	+14.7%
Mar 2009	23.23%	-10.2%
Dec 2008	25.88%	+4.5%
Sep 2008	24.76%	+0.8%
Jun 2008	24.56%	+6.8%
Mar 2008	23.00%	-1.4%
Dec 2007	23.32%	+5.3%
Sep 2007	22.15%	-7.2%
Jun 2007	23.87%	+23.0%

Month	Value	Change
Mar 2007	19.41%	-3.1%
Dec 2006	20.03%	+2.4%
Sep 2006	19.56%	-5.5%
Jun 2006	20.69%	+4.6%
Mar 2006	19.78%	+13.4%
Dec 2005	17.44%	+31.9%
Sep 2005	13.22%	-22.2%
Jun 2005	16.99%	+18.2%
Mar 2005	14.37%	-1.2%
Dec 2004	14.54%	+11.7%
Sep 2004	13.02%	-12.4%
Jun 2004	14.87%	+32.6%
Mar 2004	11.21%	-28.5%
Dec 2003	15.67%	+21.9%
Sep 2003	12.86%	-12.4%
Jun 2003	14.68%	+67.2%
Mar 2003	8.78%	-43.1%
Dec 2002	15.44%	+15.0%
Sep 2002	13.43%	-10.2%
Jun 2002	14.95%	+38.6%
Mar 2002	10.79%	-1.9%
Dec 2001	11.00%	-21.3%
Sep 2001	13.97%	+8.5%
Jun 2001	12.88%	+38.0%
Mar 2001	9.33%	-12.4%
Dec 2000	10.65%	-3.1%
Sep 2000	10.99%	+19.7%
Jun 2000	9.18%	+9.5%
Mar 2000	8.38%	+27.2%
Dec 1999	6.59%	-42.5%
Sep 1999	11.46%	+16.7%
Jun 1999	9.82%	-9.6%
Mar 1999	10.86%	+10.8%
Dec 1998	9.80%	-11.7%
Sep 1998	11.10%	-16.5%
Jun 1998	13.29%	+19.5%
Mar 1998	11.12%	+118.1%
Dec 1997	-61.50%	+4.7%
Sep 1997	-64.51%	-5.7%
Jun 1997	-61.02%	+11.0%
Mar 1997	-68.56%	-9.5%
Dec 1996	-62.60%	+3.3%
Sep 1996	-64.75%	-1.8%
Jun 1996	-63.62%	+9.4%
Mar 1996	-70.25%	-8.0%
Dec 1995	-65.02%	+1.3%
Sep 1995	-65.90%	+2.3%
Jun 1995	-67.44%	+6.3%
Mar 1995	-72.00%	+48.8%
Dec 1994	-140.75%	-239.5%
Sep 1994	-41.46%	+5.6%
Jun 1994	-43.91%	+11.7%
Mar 1994	-49.75%	-460.0%
Dec 1993	13.82%	+22.7%
Sep 1993	11.26%	-8.3%
Jun 1993	12.28%	+313.5%
Mar 1993	2.97%	-77.2%
Dec 1992	13.01%	+10.0%
Sep 1992	11.83%	+158.2%
Jun 1992	-20.33%	-370.0%
Mar 1992	7.53%	+134.8%
Dec 1991	-21.66%	-298.2%
Sep 1991	10.93%	+12.8%
Jun 1991	9.69%	+35.7%
Mar 1991	7.14%	-35.7%
Dec 1990	11.11%	-2.9%
Sep 1990	11.44%	+5.9%
Jun 1990	10.80%	+79.1%
Mar 1990	6.03%	-55.4%
Dec 1989	13.52%	+45.4%
Sep 1989	9.30%	-20.2%
Jun 1989	11.65%	+105.1%
Dec 1988	-226.32%	+3.9%
Dec 1987	-235.43%	+0.2%
Dec 1986	-235.95%	+9.7%
Dec 1985	-261.34%	-8.9%
Dec 1984	-240.02%	-

FAQ

What is the current quarterly operating margin of CSX?: As of today, CSX quarterly operating margin is 39.08%
What is CSX quarterly operating margin most recent change?: CSX quarterly operating margin was up +2.12% on September 30, 2026
What is 1-year change in CSX quarterly operating margin?: CSX quarterly operating margin is up +12.04% year-over-year
How far is CSX quarterly operating margin from its all-time high?: CSX quarterly operating margin is currently -11.74% below its historical high of 44.28% set on June 30, 2021
How does CSX quarterly operating margin rank versus sector peers?: CSX quarterly operating margin is higher than 96.12% of companies in Industrials sector
When is CSX next earnings release?: The next earnings release for CSX is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

CSX Official Website www.csx.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/277948/000027794826000003/0000277948-26-000003-index.htm
CSX Profile on Yahoo Finance finance.yahoo.com/quote/CSX
CSX Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/csx