CSX CORP

Railroads, Line-Haul Operating·JACKSONVILLE, FL·FY end 12/31·CIK 277948

CEO Pay Ratio

123:1

Stephen F. Angel

CEO Total Comp

$11.7M

Stephen F. Angel

Median Employee

$122,362

Revenue

$14.1B

FY 2025

Net Income

$2.9B

FY 2025

Free Cash Flow

$1.7B

FY 2025

Net Margin

20.5%

Insider Net (180d)

$1.0M

1 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

0.41%

For every $1,000 of profit, $4.05 flows to the CEO.

CEO comp as % of buybacks

0.84%

CEO comp equals 8.4‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$14.1B	$14.5B	$14.7B	$14.9B	$3.4B
Gross Profit	—	—	—	—	—	—
Operating Income	$4.5B	$5.2B	$5.6B	$6.0B	$1.4B
Net Income	$2.9B	$3.5B	$3.7B	$4.2B	$934.0M
Operating CF	$4.6B	$5.2B	$5.5B	$5.6B	$5.1B
Capex	$2.9B	$2.5B	$2.3B	$2.1B	$1.8B
Free Cash Flow	$1.7B	$2.7B	$3.3B	$3.5B	$3.3B
Buybacks	$1.4B	$2.2B	$3.5B	$4.7B	$2.9B
Dividends	$972.0M	$930.0M	$882.0M	$852.0M	$839.0M

Gross Margin	—	—	—	—	—	—
Operating Margin	32.1%	36.1%	37.9%	40.6%	39.9%
Net Margin	20.5%	23.9%	25.3%	28.0%	27.3%
FCF Margin	12.1%	18.7%	22.3%	23.5%	96.5%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	23.3%	23.8%	24.0%	23.1%	23.6%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	81.6%	82.3%	106.5%	135.7%	87.2%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Stephen F. AngelPrincipal Executive Officer (PEO) · CEO	—	—	—	—	—	$11.7M
Kevin S. BooneExecutive Vice President and Chief Financial Officer	$747.9K	$2.5M	$630.0K	$568.4K	$214.4K	$4.7M
Stephen FortuneExecutive Vice President and Chief Digital & Technology Officer	$668.3K	$1.9M	$465.0K	$507.9K	$77.3K	$3.6M
Diana B. Sorfleet	—	—	—	—	—	—
Michael A. Cory	—	—	—	—	—	—