CSX Corporation

NASDAQ CSX

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CSX Corporation Cash Taxes 5 year CAGR for the year ending December 31, 2023: 35.12%

CSX Corporation Cash Taxes 5 year CAGR is 35.12% for the year ending December 31, 2023. Cash taxes represent the total amount of cash paid for income taxes, including both current and deferred taxes. It is calculated by summing the income tax provision and any non-cash tax-related items. This metric provides insight into the company's cash outflows related to taxes, which can impact its overall cash position and liquidity. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • CSX Corporation Cash Taxes for the year ending December 31, 2022 was USD 993.00 M, a -26.72% change year over year.
  • CSX Corporation Cash Taxes for the year ending December 31, 2021 was USD 1.35 B, a 62.86% change year over year.
  • CSX Corporation Cash Taxes for the year ending December 31, 2020 was USD 832.00 M, a -25.98% change year over year.
  • CSX Corporation Cash Taxes for the year ending December 31, 2019 was USD 1.12 B, a 16.24% change year over year.
NASDAQ: CSX

CSX Corporation

CEO Mr. Sean R. Pelkey
IPO Date Nov. 3, 1980
Location United States
Headquarters 500 Water Street, Jacksonville, FL, United States, 32202
Employees 23,400
Sector Industrials
Industry Railroads
Description

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

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StockViz Staff

September 19, 2024

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