CSX Return On Tangible Assets from 2010 to 2024

CSX Stock  USD 35.78  0.44  1.25%   
CSX Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.08865925
Current Value
0.0931
Quarterly Volatility
0.03650124
 
Credit Downgrade
 
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 Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of CSX Corporation over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. CSX's Return On Tangible 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 Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

CSX Return On Tangible Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.07
Coefficient Of Variation46.07
Mean Deviation0.03
Median0.07
Standard Deviation0.04
Sample Variance0
Range0.1306
R-Value0.46
Mean Square Error0
R-Squared0.21
Significance0.09
Slope0
Total Sum of Squares0.02

CSX Return On Tangible Assets History

2024 0.0931
2023 0.0887
2022 0.1
2021 0.0943
2020 0.0589
2019 0.0737
2018 0.0762

About CSX Financial Statements

CSX investors use historical fundamental indicators, such as CSX's Return On Tangible 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 Tangible 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.