CSX Return On Equity from 2010 to 2024

CSX Stock  USD 35.78  0.44  1.25%   
CSX Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of CSX Corporation in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.30631596
Current Value
0.32
Quarterly Volatility
0.08833458
 
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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 Equity Growth Pattern

Below is the plot of the Return On Equity of CSX Corporation over the last few years. Return on Equity is the amount of CSX Corporation net income returned as a percentage of CSX equity. Return on equity measures CSX profitability by revealing how much profit CSX Corporation generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. CSX's Return On Equity 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.
ViewLast Reported 0.2910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

CSX Return On Equity Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.23
Coefficient Of Variation36.33
Mean Deviation0.08
Median0.26
Standard Deviation0.09
Sample Variance0.01
Range0.2803
R-Value0.72
Mean Square Error0
R-Squared0.51
Significance0
Slope0.01
Total Sum of Squares0.11

CSX Return On Equity History

2024 0.32
2023 0.31
2022 0.33
2020 0.21
2019 0.28
2018 0.26

About CSX Financial Statements

CSX investors use historical fundamental indicators, such as CSX's Return On Equity, 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 Equity 0.31  0.32 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.