Return on Equity (ROE)
since 2005
Calculation
CSX Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings1 | ÷ | Shareholders’ equity, attributable to CSX1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 33.02% | = | 100 | × | 4,166) | ÷ | 12,615) |
| Dec 31, 2021 | 28.03% | = | 100 | × | 3,781) | ÷ | 13,490) |
| Dec 31, 2020 | 21.11% | = | 100 | × | 2,765) | ÷ | 13,101) |
| Dec 31, 2019 | 28.11% | = | 100 | × | 3,331) | ÷ | 11,848) |
| Dec 31, 2018 | 26.34% | = | 100 | × | 3,309) | ÷ | 12,563) |
| Dec 31, 2017 | 37.21% | = | 100 | × | 5,471) | ÷ | 14,705) |
| Dec 30, 2016 | 14.68% | = | 100 | × | 1,714) | ÷ | 11,679) |
| Dec 25, 2015 | 16.89% | = | 100 | × | 1,968) | ÷ | 11,652) |
| Dec 26, 2014 | 17.28% | = | 100 | × | 1,927) | ÷ | 11,152) |
| Dec 27, 2013 | 17.78% | = | 100 | × | 1,864) | ÷ | 10,483) |
| Dec 28, 2012 | 20.68% | = | 100 | × | 1,859) | ÷ | 8,988) |
| Dec 30, 2011 | 21.55% | = | 100 | × | 1,822) | ÷ | 8,455) |
| Dec 31, 2010 | 17.99% | = | 100 | × | 1,563) | ÷ | 8,686) |
| Dec 25, 2009 | 13.02% | = | 100 | × | 1,152) | ÷ | 8,846) |
| Dec 26, 2008 | 16.96% | = | 100 | × | 1,365) | ÷ | 8,048) |
| Dec 28, 2007 | 15.38% | = | 100 | × | 1,336) | ÷ | 8,685) |
| Dec 29, 2006 | 14.65% | = | 100 | × | 1,310) | ÷ | 8,942) |
| Dec 30, 2005 | 14.40% | = | 100 | × | 1,145) | ÷ | 7,954) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).
1 US$ in millions
Comparison to Competitors
CSX Corp., ROE, long-term trends, comparison to competitors
| CSX Corp. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Airlines Holdings Inc. | United Parcel Service Inc. | |
|---|---|---|---|---|---|---|
| Dec 31, 2022 | 33.02% | 15.34% | -124.54% | 57.54% | 10.69% | 58.36% |
| Dec 31, 2021 | 28.03% | 21.64% | -3.43% | 46.06% | -39.05% | 90.44% |
| Dec 31, 2020 | 21.11% | 7.03% | -55.18% | 31.54% | -118.61% | 204.41% |
| Dec 31, 2019 | 28.11% | 3.04% | -59.94% | 32.65% | 26.09% | 135.90% |
| Dec 31, 2018 | 26.34% | 23.55% | — | 29.21% | 21.30% | 158.59% |
| Dec 31, 2017 | 37.21% | 18.65% | — | 43.10% | 24.20% | 491.00% |
| Dec 30, 2016 | 14.68% | 13.20% | — | 21.24% | 26.13% | 847.16% |
| Dec 25, 2015 | 16.89% | 7.00% | — | 23.05% | 81.86% | 196.11% |
| Dec 26, 2014 | 17.28% | 13.73% | — | 24.45% | 47.25% | 141.62% |
| Dec 27, 2013 | 17.78% | 8.97% | — | 20.67% | 19.14% | 67.53% |
| Dec 28, 2012 | 20.68% | 13.80% | — | 19.84% | -150.31% | 17.34% |
| Dec 30, 2011 | 21.55% | 9.54% | — | 17.72% | 46.51% | 54.07% |
| Dec 31, 2010 | 17.99% | 8.57% | — | 15.65% | 14.65% | 43.71% |
| Dec 25, 2009 | 13.02% | 0.72% | — | 11.20% | — | 28.20% |
| Dec 26, 2008 | 16.96% | 7.74% | — | 15.14% | — | 44.29% |
| Dec 28, 2007 | 15.38% | 15.93% | — | 11.90% | 16.67% | 3.14% |
| Dec 29, 2006 | 14.65% | 15.69% | — | 10.49% | 1,064.99% | 27.14% |
| Dec 30, 2005 | 14.40% | 15.11% | — | 7.49% | — | 22.92% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).
Comparison to Sector (Transportation)
CSX Corp., ROE, long-term trends, comparison to sector (transportation)
| CSX Corp. | Transportation | |
|---|---|---|
| Dec 31, 2022 | 33.02% | 19.64% |
| Dec 31, 2021 | 28.03% | 30.78% |
| Dec 31, 2020 | 21.11% | -10.82% |
| Dec 31, 2019 | 28.11% | 8.33% |
| Dec 31, 2018 | 26.34% | 33.03% |
| Dec 31, 2017 | 37.21% | 40.90% |
| Dec 30, 2016 | 14.68% | 27.46% |
| Dec 25, 2015 | 16.89% | 38.20% |
| Dec 26, 2014 | 17.28% | 27.90% |
| Dec 27, 2013 | 17.78% | 22.65% |
| Dec 28, 2012 | 20.68% | 15.25% |
| Dec 30, 2011 | 21.55% | 22.02% |
| Dec 31, 2010 | 17.99% | 18.67% |
| Dec 25, 2009 | 13.02% | 9.88% |
| Dec 26, 2008 | 16.96% | 3.26% |
| Dec 28, 2007 | 15.38% | 10.87% |
| Dec 29, 2006 | 14.65% | 68.59% |
| Dec 30, 2005 | 14.40% | -101.45% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).
Comparison to Industry (Industrials)
CSX Corp., ROE, long-term trends, comparison to industry (industrials)
| CSX Corp. | Industrials | |
|---|---|---|
| Dec 31, 2022 | 33.02% | 15.70% |
| Dec 31, 2021 | 28.03% | 15.61% |
| Dec 31, 2020 | 21.11% | 0.67% |
| Dec 31, 2019 | 28.11% | 14.80% |
| Dec 31, 2018 | 26.34% | 18.12% |
| Dec 31, 2017 | 37.21% | 18.27% |
| Dec 30, 2016 | 14.68% | 21.84% |
| Dec 25, 2015 | 16.89% | 16.16% |
| Dec 26, 2014 | 17.28% | 19.66% |
| Dec 27, 2013 | 17.78% | 16.39% |
| Dec 28, 2012 | 20.68% | 17.17% |
| Dec 30, 2011 | 21.55% | 20.00% |
| Dec 31, 2010 | 17.99% | 16.32% |
| Dec 25, 2009 | 13.02% | 12.81% |
| Dec 26, 2008 | 16.96% | 20.67% |
| Dec 28, 2007 | 15.38% | 20.32% |
| Dec 29, 2006 | 14.65% | 31.99% |
| Dec 30, 2005 | 14.40% | 7.87% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-30), 10-K (reporting date: 2015-12-25), 10-K (reporting date: 2014-12-26), 10-K (reporting date: 2013-12-27), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-25), 10-K (reporting date: 2008-12-26), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).