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CSX

CSX Corporation

NASDAQIndustrialsRailroadsSnapshot 2026-05-08

$44.83+0.83%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, CSX has a composite score of 8.9 and a signal label of "mixed." The valuation label has changed from "expensive" to "full," indicating a shift in perception. Key drivers include macroeconomic factors such as growth, labor, rates, and inflation, with a medium confidence level of 75.4%. This analysis is provisional.

Composite +8.9as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.03
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
1337128310871538
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$44.83
TTM EPS
$1.71
Earnings yield
3.8%
P/E (TTM)
26.2

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
3,470
TTM CFO ($M)
5,247
CFO/NI
1.51
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 10% activity in industrials cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
neutral9 PT revisions / 30d, avg 4.5% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.49 → $0.49 (+1.1% / 30d). 13 raised, 4 cut, 21 covering analysts.

Rating actions

0 upgrades, 1 downgrade / 30d, 12 maintained. 63% of analysts rate Buy.

Price target activity

9 PT revisions / 30d. Avg target 4.5% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

1 material event in the last 24 months — top 1 listed below.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Deliver full-year volume growthgrowthwatchprovisional
    9/29: CSX's operating performance remains strong, and the company still expects to deliver full-year volume growth.
    Why this status

    Stated in 2 of last 2 quarters. Total volume grew 3% year-over-year in 2026-Q1, reaching 1.56 million units. This aligns with management's stated goal of achieving full-year volume growth, indicating progress towards the target.

  2. 2.Improve expense profilecostmixed65% progress
    4/22: CSX performed well by improving our expense profile, said Steve Angel, CEO.
    Why this status

    Newly stated in 2026-Q1. Expenses decreased by $153 million, or 6%, in 2026-Q1 compared to the previous year, reflecting management's focus on improving the expense profile. This indicates progress in cost discipline and efficiency.

  3. 3.Enhance operational efficiencysupply chainon track100% progress
    4/22: Velocity and dwell both improved by 7% versus prior year.
    Why this status

    Newly stated in 2026-Q1. Operational efficiency improved with a 7% increase in velocity and a 7% reduction in dwell times compared to the previous year. This demonstrates progress in enhancing operational efficiency.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
lowworst 12m loss −12%, typical day ±0.9%
Why this risk level

Recent vol — 30d annualized 27%; 252d 22%.

Drawdown — Max 1y −12%. Bad day move −2%.

Beta to sector ETF (XLI) 0.81 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 63/100, drawdown 76/100, beta 81/100, earnings vol .

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. label change · valuation_label
    severity 20

    Valuation label changed from 'expensive' to 'full'.

As of May 8, 2026, the valuation label for CSX changed from "expensive" to "full." The composite delta estimate indicates an unfavorable scenario with a guidance cut of -8.0, while there are also favorable scenarios such as a potential guidance raise of +4.0. The overall signal is described as "mixed." The data is provisional.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite58.7 / 100
Capital allocation73
Earnings discipline41
Margin discipline48
Balance sheet63
Guidance credibility
Post-call reaction54

Met or beat guidance 0% of the last 1 guided quarters · -11.4% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Deliver full-year volume growth

    GrowthNew since 2026-05-04

    CSX aims to achieve volume growth across its operations for the full year.

    Watch

    Stated in 2 of last 2 quarters. Total volume grew 3% year-over-year in 2026-Q1, reaching 1.56 million units. This aligns with management's stated goal of achieving full-year volume growth, indicating progress towards the target.

    No score
    CEO/CFO:CSX's operating performance remains strong, and the company still expects to deliver full-year volume growth.
    Multiple sourcesSource dated 2025-09-29Stated 2 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (2)
    • 2026-Q1Multiple sources

      Total volume of 1.56 million units for the quarter was 3% higher compared to first quarter 2025.

    • 2025-Q3Multiple sources

      CSX is well-positioned to build on this momentum to deliver long-term profitable growth.

  • #2

    Improve expense profile

    Cost

    CSX is focused on improving its expense profile through cost discipline and efficiency.

    Mixed

    Newly stated in 2026-Q1. Expenses decreased by $153 million, or 6%, in 2026-Q1 compared to the previous year, reflecting management's focus on improving the expense profile. This indicates progress in cost discipline and efficiency.

    65%
    CEO/CFO:CSX performed well by improving our expense profile, said Steve Angel, CEO.
    Multiple sourcesSource dated 2026-04-22Stated 1 of last 8 quartersFirst seen 2026-04-22
    Show history (1)
    • 2026-Q1Multiple sources

      CSX performed well by improving our expense profile.

  • #3

    Enhance operational efficiency

    Supply chain

    CSX is committed to enhancing operational efficiency through improved velocity and reduced dwell times.

    On track

    Newly stated in 2026-Q1. Operational efficiency improved with a 7% increase in velocity and a 7% reduction in dwell times compared to the previous year. This demonstrates progress in enhancing operational efficiency.

    100%
    CEO/CFO:Velocity and dwell both improved by 7% versus prior year.
    Multiple sourcesSource dated 2026-04-22Stated 1 of last 8 quartersFirst seen 2026-04-22
    Show history (1)
    • 2026-Q1Multiple sources

      Velocity and dwell both improved by 7% versus prior year.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
40higher = cheaper

Looks more expensive than peers.

Compared to its own history
7higher = cheaper

Richer than its own typical valuation.

P/E
27.3x
EV/EBITDA
15.0x
FCF yield

P/E over the last 5 years

71 monthly points
fullas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
CSX
CSX Corporation
+8.9fulllow
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
0.9%
A bad day (95th %ile)
A rough but not unusual down day.
-2.1%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-11.9%
Earnings-day move
How much price usually moves on earnings day.
lowas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-01-22)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-01-22)-8.0 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2216d agoItem 2.02

    Results of Operations and Financial Condition On April 22, 2026, CSX Corporation issued a press release and its CSX Quarterly Financial Report on financial and operating results for the quarter ended March 31, 2026. A copy of the press release is attached as Exhibit 99.1 and a copy of the CSX Quarterly Financial Report is attached as Exhibit 99.2, each of which is incorporated by reference herein. These documents are available on the Company's website, www.csx.com. * The information contained…

    earnings preannouncementneutralscore 45
  2. 2026-01-223mo agoItem 2.02

    Results of Operations and Financial Condition On January 22, 2026, CSX Corporation issued a press release and its CSX Quarterly Financial Report on financial and operating results for the quarter ended December 31, 2025. A copy of the press release is attached as Exhibit 99.1 and a copy of the CSX Quarterly Financial Report is attached as Exhibit 99.2, each of which is incorporated by reference herein. These documents are available on the Company's website, www.csx.com. * The information cont…

    earnings preannouncementneutralscore 6
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-12 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.