CSX(US:CSX) Globenewswire·2026-01-22 21:01Core Viewpoint - CSX Corp. reported fourth quarter 2025 operating income of $1.11 billion and net earnings of $720 million, reflecting a challenging industrial demand environment and cost structure adjustments [1][8]. Fourth Quarter Financial Highlights - Revenue for the fourth quarter totaled $3.51 billion, a decrease of 1% year-over-year, impacted by lower merchandise volume and reduced export coal revenue, despite higher pricing in merchandise and intermodal [8]. - Operating income was $1.11 billion, with an operating margin of 31.6%, compared to 31.3% in the previous year [8]. - Earnings per share (EPS) was $0.39, down from an adjusted EPS of $0.42 in the prior year [8]. - The fourth quarter results included approximately $50 million in severance and technology rationalization expenses, affecting EPS by $0.02 [1][8]. Full Year 2025 Financial Highlights - Total revenue for 2025 was $14.09 billion, with operating income of $4.52 billion [8]. - Adjusted operating income, excluding a $164 million goodwill impairment charge, was $4.69 billion, resulting in an operating margin of 32.1% and an adjusted operating margin of 33.2% [8]. - Full year EPS was reported at $1.54, with an adjusted EPS of $1.61 [8]. Management Commentary - The CEO emphasized the company's strong operational foundation and commitment to improving financial performance in 2026 through productivity, cost control, and capital discipline [1].