Csx Free Cash Flow (FCF) History (CSX)
Csx reported $1.71B in free cash flow for fiscal 2025, a decrease of 37.05% from the previous fiscal year, with a free cash flow margin of 12.14%.
View full Csx company overviewCsx free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.71B | −$1.01B | −37.05% | +12.14% |
| 2024 | 2024-12-31 | $2.72B | −$539.0M | −16.55% | +18.69% |
| 2023 | 2023-12-31 | $3.26B | −$156.0M | −4.57% | +22.22% |
| 2022 | 2022-12-31 | $3.41B | $105.0M | +3.17% | +22.98% |
| 2021 | 2021-12-31 | $3.31B | $671.0M | +25.45% | +26.42% |
| 2020 | 2020-12-31 | $2.64B | −$556.0M | −17.41% | +24.92% |
| 2019 | 2019-12-31 | $3.19B | $297.0M | +10.26% | +26.75% |
| 2018 | 2018-12-31 | $2.90B | $1.46B | +102.23% | +23.64% |
| 2017 | 2017-12-31 | $1.43B | $789.0M | +122.71% | +12.55% |
| 2016 | 2016-12-30 | $643.0M | −$165.0M | −20.42% | +5.81% |
| 2015 | 2015-12-25 | $808.0M | −$86.0M | −9.62% | +6.84% |
| 2014 | 2014-12-26 | $894.0M | −$60.0M | −6.29% | +7.06% |
| 2013 | 2013-12-27 | $954.0M | $349.0M | +57.69% | +7.93% |
| 2012 | 2012-12-28 | $605.0M | −$589.0M | −49.33% | +5.14% |
| 2011 | 2011-12-30 | $1.19B | −$227.0M | −15.97% | +10.12% |
| 2010 | 2010-12-31 | $1.42B | $808.0M | +131.81% | +13.36% |
| 2009 | 2009-12-25 | $613.0M | −$561.0M | −47.79% | +6.78% |
| 2008 | 2008-12-26 | $1.17B | $763.0M | +185.64% | +10.43% |
| 2007 | 2007-12-28 | $411.0M | — | — | +4.10% |
Csx quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $751.0M | $892.0M | — | +19.09% |
| Q1 2026 | 2026-03-31 | $729.0M | $193.0M | +36.01% | +20.94% |
| Q4 2025 | 2025-12-31 | $709.0M | $159.0M | +28.91% | +20.21% |
| Q3 2025 | 2025-09-30 | $607.0M | −$454.0M | −42.79% | +16.92% |
| Q2 2025 | 2025-06-30 | −$141.0M | −$699.0M | — | −3.95% |
| Q1 2025 | 2025-03-31 | $536.0M | −$13.0M | −2.37% | +15.66% |
| Q4 2024 | 2024-12-31 | $550.0M | −$253.0M | −31.51% | +15.54% |
| Q3 2024 | 2024-09-30 | $1.06B | $83.0M | +8.49% | +29.32% |
| Q2 2024 | 2024-06-30 | $558.0M | −$94.0M | −14.42% | +15.08% |
| Q1 2024 | 2024-03-31 | $549.0M | −$275.0M | −33.37% | +14.91% |
| Q4 2023 | 2023-12-31 | $803.0M | $208.0M | +34.96% | +21.82% |
| Q3 2023 | 2023-09-30 | $978.0M | −$121.0M | −11.01% | +27.38% |
| Q2 2023 | 2023-06-30 | $652.0M | −$99.0M | −13.18% | +17.63% |
| Q1 2023 | 2023-03-31 | $824.0M | −$144.0M | −14.88% | +22.23% |
| Q4 2022 | 2022-12-31 | $595.0M | −$114.0M | −16.08% | +15.95% |
| Q3 2022 | 2022-09-30 | $1.10B | $145.0M | +15.20% | +28.22% |
| Q2 2022 | 2022-06-30 | $751.0M | $32.0M | +4.45% | +19.69% |
| Q1 2022 | 2022-03-31 | $968.0M | $42.0M | +4.54% | +28.36% |
| Q4 2021 | 2021-12-31 | $709.0M | −$9.0M | −1.25% | +20.69% |
| Q3 2021 | 2021-09-30 | $954.0M | $418.0M | +77.99% | +28.98% |
| Q2 2021 | 2021-06-30 | $719.0M | $133.0M | +22.70% | +24.05% |
| Q1 2021 | 2021-03-31 | $926.0M | $129.0M | +16.19% | +32.92% |
| Q4 2020 | 2020-12-31 | $718.0M | $71.0M | +10.97% | +25.42% |
| Q3 2020 | 2020-09-30 | $536.0M | −$512.0M | −48.85% | +20.24% |
| Q2 2020 | 2020-06-30 | $586.0M | −$92.0M | −13.57% | +25.99% |
| Q1 2020 | 2020-03-31 | $797.0M | −$23.0M | −2.80% | +27.92% |
| Q4 2019 | 2019-12-31 | $647.0M | −$83.0M | −11.37% | +22.43% |
| Q3 2019 | 2019-09-30 | $1.05B | $68.0M | +6.94% | +35.19% |
| Q2 2019 | 2019-06-30 | $678.0M | $90.0M | +15.31% | +22.15% |
| Q1 2019 | 2019-03-31 | $820.0M | $222.0M | +37.12% | +27.22% |
| Q4 2018 | 2018-12-31 | $730.0M | $697.0M | +2112.12% | +23.23% |
| Q3 2018 | 2018-09-30 | $980.0M | $192.0M | +24.37% | +31.32% |
| Q2 2018 | 2018-06-30 | $588.0M | $579.0M | +6433.33% | +18.96% |
| Q1 2018 | 2018-03-31 | $598.0M | −$4.0M | −0.66% | +20.79% |
| Q4 2017 | 2017-12-31 | $33.0M | $288.0M | — | +1.15% |
| Q3 2017 | 2017-09-30 | $788.0M | $416.0M | +111.83% | +28.73% |
| Q2 2017 | 2017-06-30 | $9.0M | −$188.0M | −95.43% | +0.31% |
| Q1 2017 | 2017-03-31 | $602.0M | $273.0M | +82.98% | +20.98% |
| Q4 2016 | 2016-12-30 | −$255.0M | −$460.0M | — | −8.40% |
| Q3 2016 | 2016-09-23 | $372.0M | $63.0M | +20.39% | +13.73% |
| Q2 2016 | 2016-06-24 | $197.0M | −$5.0M | −2.48% | +7.29% |
| Q1 2016 | 2016-03-25 | $329.0M | $237.0M | +257.61% | +12.57% |
| Q4 2015 | 2015-12-25 | $205.0M | $56.0M | +37.58% | +7.37% |
| Q3 2015 | 2015-09-25 | $309.0M | $53.0M | +20.70% | +10.51% |
| Q2 2015 | 2015-06-26 | $202.0M | −$163.0M | −44.66% | +6.59% |
| Q1 2015 | 2015-03-27 | $92.0M | −$32.0M | −25.81% | +3.04% |
| Q4 2014 | 2014-12-26 | $149.0M | $7.0M | +4.93% | +4.67% |
| Q3 2014 | 2014-09-26 | $256.0M | −$62.0M | −19.50% | +7.95% |
| Q2 2014 | 2014-06-27 | $365.0M | $111.0M | +43.70% | +11.25% |
| Q1 2014 | 2014-03-28 | $124.0M | −$116.0M | −48.33% | +4.12% |
| Q4 2013 | 2013-12-27 | $142.0M | $11.0M | +8.40% | +4.68% |
| Q3 2013 | 2013-09-27 | $318.0M | −$88.0M | −21.67% | +10.65% |
| Q2 2013 | 2013-06-28 | $254.0M | $161.0M | +173.12% | +8.34% |
| Q1 2013 | 2013-03-29 | $240.0M | $265.0M | — | +8.10% |
| Q4 2012 | 2012-12-28 | $131.0M | $86.0M | +191.11% | +4.53% |
| Q3 2012 | 2012-09-28 | $406.0M | −$103.0M | −20.24% | +14.03% |
| Q2 2012 | 2012-06-29 | $93.0M | −$431.0M | −82.25% | +3.09% |
| Q1 2012 | 2012-03-30 | −$25.0M | −$141.0M | — | −0.84% |
| Q4 2011 | 2011-12-30 | $45.0M | −$202.0M | −81.78% | +1.50% |
| Q3 2011 | 2011-09-30 | $509.0M | $70.0M | +15.95% | +17.18% |
| Q2 2011 | 2011-07-01 | $524.0M | $205.0M | +64.26% | +17.36% |
| Q1 2011 | 2011-04-01 | $116.0M | −$300.0M | −72.12% | +4.13% |
| Q4 2010 | 2010-12-31 | $247.0M | $192.0M | +349.09% | +8.77% |
| Q3 2010 | 2010-09-24 | $439.0M | $195.0M | +79.92% | +16.47% |
| Q2 2010 | 2010-06-25 | $319.0M | $145.0M | +83.33% | +11.98% |
| Q1 2010 | 2010-03-26 | $416.0M | $276.0M | +197.14% | +16.70% |
| Q4 2009 | 2009-12-25 | $55.0M | −$236.0M | −81.10% | +2.37% |
| Q3 2009 | 2009-09-25 | $244.0M | −$208.0M | −46.02% | +10.66% |
| Q2 2009 | 2009-06-26 | $174.0M | $31.0M | +21.68% | +7.96% |
| Q1 2009 | 2009-03-27 | $140.0M | −$148.0M | −51.39% | +6.23% |
| Q4 2008 | 2008-12-26 | $291.0M | — | — | +10.88% |
| Q3 2008 | 2008-09-26 | $452.0M | — | — | +15.27% |
| Q2 2008 | 2008-06-27 | $143.0M | — | — | +4.92% |
| Q1 2008 | 2008-03-28 | $288.0M | — | — | +10.62% |
Csx free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $2.64B to $1.71B, a compound annual decline of 8.29%. Csx's latest reported quarter, Q2 2026, generated $751.0M in free cash flow, an increase of $892.0M year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Csx filings at SEC.gov ↗