CSX(US:CSX)2022-01-20 22:24Financial Performance - CSX's Q4 2021 revenue increased by 21% year-over-year, reaching $3427 million compared to $2825 million in Q4 2020[20] - Net earnings for Q4 2021 were $934 million, a 23% increase from $760 million in Q4 2020[20] - Earnings per share increased by 27% to $042 in Q4 2021, compared to $033 in Q4 2020[20] - Operating ratio increased to 601% in Q4 2021, compared to 570% in Q4 2020[20] Revenue Highlights by Category - Coal revenue increased significantly by 39%[9] - Intermodal revenue increased by 16% due to higher international shipments[9, 11] - Other revenue increased significantly by 87% due to higher intermodal storage and equipment usage revenue as well as higher demurrage and affiliate revenue[9, 11] Operational Initiatives - Intermodal trip plan performance was 88% on time, while carload trip plan performance was 71% on time[15] - Terminal car dwell time was 110 hours per car[15] - Train velocity was 174 miles per hour[15] Sustainability - CSX helped customers avoid 11 million tons of CO2 emissions in 2021[14] Future Outlook - CSX is targeting full-year volume growth in excess of GDP[32] - The company is targeting full-year capital expenditures of approximately $2 billion[32]