| Stage | CSX | % of rev | NSC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.0B | 100.00% | $3.5B | 100.00% | CSX ×1.14 |
| Gross profit | $3.5B | 86.48% | $1.8B | 51.25% | CSX +35.2pp |
| Operating income | $1.6B | 39.08% | $1.1B | 32.61% | CSX +6.5pp |
| Pre-tax income | $1.4B | 34.45% | $987M | 27.99% | CSX +6.5pp |
| Net income | $1.1B | 26.19% | $759M | 21.53% | CSX +4.7pp |
| Stage | CSX | NSC | Gap · A − B |
|---|---|---|---|
| Revenue | $4.0B100.00% | $3.5B100.00% | CSX ×1.14 |
| Gross profit | 86.48%$3.5B | 51.25%$1.8B | CSX +35.2pp |
| Operating income | 39.08%$1.6B | 32.61%$1.1B | CSX +6.5pp |
| Pre-tax income | 34.45%$1.4B | 27.99%$987M | CSX +6.5pp |
| Net income |
| 26.19%$1.1B |
| 21.53%$759M |
| CSX +4.7pp |
CSX · AMR 10-KFeb 28 '25
“In the years ended December 31, 2024 and 2023, our produced coal was transported from the mines and to the customer primarily by rail, with the main rail carriers being CSX Transportation and Norfolk Southern Railway Company.”
NSC · AMR 10-KFeb 28 '25
“In the years ended December 31, 2024 and 2023, our produced coal was transported from the mines and to the customer primarily by rail, with the main rail carriers being CSX Transportation and Norfolk Southern Railway Company.”
CSX · TTAM 20-FMar 24 '26
“Our Port Tampa Bay Terminal includes three truck loadouts and a rail loadout on the CSX rail line.”
NSC · TTAM 20-FMar 24 '26
“The site has over 16,000 feet of rail track, which is serviced by Norfolk Southern.”