Stock Analysis on Net

CSX Corp. (NASDAQ:CSX)

This company has been moved to the archive! The financial data has not been updated since April 20, 2023.

Enterprise Value (EV) 

Microsoft Excel

Current Enterprise Value (EV)

CSX Corp., current enterprise value calculation

Microsoft Excel
Current share price (P) $30.81
No. shares of common stock outstanding 2,033,054,922
US$ in millions
Common equity (market value)1 62,638
Add: Non-controlling minority interest (per books) 10
Total equity 62,648
Add: Current maturities of long-term debt (per books) 151
Add: Long-term debt, excluding current portion (per books) 17,896
Total equity and debt 80,695
Less: Cash and cash equivalents 1,958
Less: Short-term investments 129
Enterprise value (EV) 78,608

Based on: 10-K (reporting date: 2022-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 30.81 × 2,033,054,922


Historical Enterprise Value (EV)

CSX Corp., EV calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Share price1, 2 $31.67 $35.17 $29.39 $26.50 $22.70
No. shares of common stock outstanding1 2,062,605,434 2,193,389,444 2,287,515,174 2,321,476,695 2,446,891,098
US$ in millions
Common equity (market value)3 65,323 77,142 67,230 61,519 55,544
Add: Non-controlling minority interest (book value) 10 10 9 15 17
Total equity 65,333 77,152 67,239 61,534 55,561
Add: Current maturities of long-term debt (book value) 151 181 401 245 18
Add: Long-term debt, excluding current portion (book value) 17,896 16,185 16,304 15,993 14,739
Total equity and debt 83,380 93,518 83,944 77,772 70,318
Less: Cash and cash equivalents 1,958 2,239 3,129 958 858
Less: Short-term investments 129 77 2 996 253
Enterprise value (EV) 81,293 91,202 80,813 75,818 69,207

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).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of CSX Corp. Annual Report.

3 2022 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 31.67 × 2,062,605,434

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. CSX Corp. EV increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.