CSX Return On Assets from 2010 to 2024

CSX Stock  USD 36.62  0.84  2.35%   
CSX Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit CSX Corporation earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0876014
Current Value
0.092
Quarterly Volatility
0.03567204
 
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Yuan Drop
 
Covid
Check CSX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CSX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 849.5 M or Total Revenue of 11.1 B, as well as many indicators such as Price To Sales Ratio of 4.99, Dividend Yield of 0.0228 or PTB Ratio of 6.03. CSX financial statements analysis is a perfect complement when working with CSX Valuation or Volatility modules.
  
Check out the analysis of CSX Correlation against competitors.

Latest CSX's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of CSX Corporation over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. CSX's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CSX's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

CSX Return On Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.07
Coefficient Of Variation43.70
Mean Deviation0.03
Median0.09
Standard Deviation0.04
Sample Variance0
Range0.1268
R-Value0.48
Mean Square Error0
R-Squared0.23
Significance0.07
Slope0
Total Sum of Squares0.02

CSX Return On Assets History

2024 0.092
2023 0.0876
2022 0.0994
2021 0.0933
2020 0.0695
2019 0.0871
2018 0.0901

About CSX Financial Statements

CSX investors use historical fundamental indicators, such as CSX's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CSX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.09  0.09 

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Additional Tools for CSX Stock Analysis

When running CSX's price analysis, check to measure CSX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.