CSX (CSX) FY2012 results: revenue $11.8 billion, down 0.3% on the year
CSX Corp. (CSX) reported revenue of $11.8 billion for fiscal 2012, the year ended 28 December 2012, down 0.3% on the year before. Net income was $1.9 billion, up 0.5%, and diluted earnings per share $0.60. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2013.
Revenue
$11.8 billion
-0.3% on the year
FY2007FY2012
Operating margin
29.5%
29.4% a year earlier
FY2007FY2012
Net income
$1.9 billion
+0.5% on the year
FY2007FY2012
Diluted EPS
$0.60
+5.3% on the year
FY2007FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
11,756
11,795
10,636
-0.3%
Operating income
3,464
3,470
3,071
-0.2%
Operating margin
29.5%
29.4%
28.9%
Interest expense
566
552
557
+2.5%
Pre-tax income
2,971
2,940
2,546
+1.1%
Income tax
1,108
1,086
983
+2.0%
Effective tax rate
37.3%
36.9%
38.6%
Net income
1,863
1,854
1,563
+0.5%
Net margin
15.8%
15.7%
14.7%
Diluted EPS
$0.60
$0.57
$0.45
+5.3%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
2,946
3,491
3,261
-15.6%
Capital expenditure
2,341
2,297
1,840
+1.9%
Free cash flow
605
1,194
1,421
-49.3%
Free cash flow margin
5.1%
10.1%
13.4%
Cash from investing
-2,277
-2,587
-1,771
Cash from financing
-668
-1,413
-1,227
Share-based compensation
14.0
30.0
62.0
-53.3%
Buybacks
734
1,564
n/a
-53.1%
Dividends paid
558
480
372
+16.2%
Dividend per share
$0.18
$0.15
$0.11
+20.0%
Diluted shares, weighted
3,120m
3,267m
3,461m
-4.5%
Shares outstanding at period end
n/a
n/a
3,333m
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
9,136
8,598
8,798
+6.3%
Debt
9,832
9,241
8,664
+6.4%
Other liabilities
11,755
11,634
10,679
+1.0%
Total liabilities and equity
30,723
29,473
28,141
+4.2%
Fixed assets
26,050
24,974
23,799
+4.3%
Goodwill
64.0
64.0
64.0
0.0%
Investments
587
628
123
-6.5%
Cash and equivalents
784
783
1,292
+0.1%
Receivables
1,114
1,147
993
-2.9%
Other assets
2,124
1,877
1,870
+13.2%
Total assets
30,723
29,473
28,141
+4.2%
10-K for the year ended 28 December 2012, filed 19 February 2013: the filing.