CSX (CSX) FY2015 results: revenue $11.8 billion, down 6.8% on the year
CSX Corp. (CSX) reported revenue of $11.8 billion for fiscal 2015, the year ended 25 December 2015, down 6.8% on the year before. Net income was $2.0 billion, up 2.1%, and diluted earnings per share $0.67. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2016.
Revenue
$11.8 billion
-6.8% on the year
FY2008FY2015
Operating margin
30.3%
28.5% a year earlier
FY2008FY2015
Net income
$2.0 billion
+2.1% on the year
FY2008FY2015
Diluted EPS
$0.67
+4.2% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
11,811
12,669
12,026
-6.8%
Operating income
3,584
3,613
3,473
-0.8%
Operating margin
30.3%
28.5%
28.9%
Interest expense
544
545
562
-0.2%
Pre-tax income
3,138
3,044
2,922
+3.1%
Income tax
1,170
1,117
1,058
+4.7%
Effective tax rate
37.3%
36.7%
36.2%
Net income
1,968
1,927
1,864
+2.1%
Net margin
16.7%
15.2%
15.5%
Diluted EPS
$0.67
$0.64
$0.61
+4.2%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
3,370
3,343
3,267
+0.8%
Capital expenditure
2,562
2,449
2,313
+4.6%
Free cash flow
808
894
954
-9.6%
Free cash flow margin
6.8%
7.1%
7.9%
Cash from investing
-2,892
-2,183
-2,227
Cash from financing
-519
-1,083
-1,232
Share-based compensation
12.0
33.0
14.0
-63.6%
Buybacks
804
517
353
+55.5%
Dividends paid
686
629
600
+9.1%
Dividend per share
$0.23
$0.21
$0.20
+11.1%
Diluted shares, weighted
2,952m
3,006m
3,057m
-1.8%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
11,668
11,176
10,504
+4.4%
Debt
10,515
9,742
9,555
+7.9%
Other liabilities
12,562
12,135
11,723
+3.5%
Total liabilities and equity
34,745
33,053
31,782
+5.1%
Fixed assets
30,174
28,584
27,291
+5.6%
Goodwill
63.0
63.0
64.0
0.0%
Investments
810
292
487
+177.4%
Cash and equivalents
628
669
592
-6.1%
Receivables
982
1,129
1,052
-13.0%
Other assets
2,088
2,316
2,296
-9.8%
Total assets
34,745
33,053
31,782
+5.1%
10-K for the year ended 25 December 2015, filed 10 February 2016: the filing.