Company Valuation: CSX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 83,396 65,114 68,512 62,230 67,498 91,811 - -
Change - -21.92% 5.22% -9.17% 8.47% 36.02% - -
Enterprise Value (EV) 1 97,446 81,691 85,609 79,728 85,696 109,370 108,894 107,630
Change - -16.17% 4.8% -6.87% 7.49% 27.63% -0.44% -1.16%
P/E 22.4x 15.9x 18.7x 18x 23.5x 25.5x 22.2x 20.4x
PBR 6.28x 5.26x 5.75x 5.01x 5.16x 7.02x 7.07x 6.05x
PEG - 1x -3.65x -5.55x -1.7x 1x 1.5x 2.3x
Capitalization / Revenue 6.66x 4.38x 4.67x 4.28x 4.79x 6.14x 5.86x 5.71x
EV / Revenue 7.78x 5.5x 5.84x 5.48x 6.08x 7.32x 6.95x 6.69x
EV / EBITDA 13.9x 11.1x 11.9x 11.4x 13.5x 15.4x 14.2x 13.4x
EV / EBIT 17.4x 13.9x 15.4x 14.9x 18.3x 20.1x 18.3x 17.2x
EV / FCF 29.5x 23.4x 26.2x 29.3x 50.1x 34.5x 31.7x 28.7x
FCF Yield 3.39% 4.27% 3.82% 3.41% 2% 2.9% 3.15% 3.49%
Dividend per Share 2 0.372 0.4 0.44 0.48 0.52 0.5656 0.6096 0.6496
Rate of return 0.99% 1.29% 1.27% 1.49% 1.43% 1.14% 1.23% 1.31%
EPS 2 1.68 1.95 1.85 1.79 1.54 1.939 2.222 2.42
Distribution rate 22.1% 20.5% 23.8% 26.8% 33.8% 29.2% 27.4% 26.8%
Net sales 1 12,522 14,853 14,657 14,540 14,092 14,948 15,668 16,085
EBITDA 1 7,014 7,379 7,172 7,011 6,365 7,102 7,678 8,026
EBIT 1 5,594 5,879 5,561 5,353 4,685 5,429 5,937 6,255
Net income 1 3,781 4,166 3,715 3,470 2,889 3,524 3,953 4,191
Net Debt 1 14,050 16,577 17,097 17,498 18,198 17,560 17,083 15,820
Reference price 2 37.60 30.98 34.67 32.27 36.25 49.41 49.41 49.41
Nbr of stocks (in thousands) 2,217,983 2,101,822 1,976,132 1,928,423 1,862,018 1,858,139 - -
Announcement Date 1/20/22 1/25/23 1/24/24 1/23/25 1/22/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.99x7.53x14.8x1.93% 170B
27.24x6.87x15.45x1.65% 73.55B
12.51x0.84x4.51x4.81% 13.88B
17.05x2.96x7.16x5.4% 4.87B
26.8x3.41x15.55x2.22% 3.7B
-1.75x - - 2.64% 536M
Average 17.47x 4.32x 11.49x 3.11% 44.48B
Weighted average by Cap. 23.51x 6.86x 14.31x 2.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield