Is it safe?
Can CSX take a bad year?
CSX Corporation carries $17.5B of net debt at 2.64× EBITDA: a load its earnings can carry.
$17.5B
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.64×
Net debt / EBITDA · 2.90× a year ago · the load is coming down
- Altman Z-score
- 2.67
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 5.85×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $18.9B
- Cash and short-term investments
- $1.39B
- Net debt
- $17.5B
- EBITDA, trailing twelve months
- $6.61B
- Operating profit, trailing twelve months
- $4.96B
- Debt / equity
- 1.34×
- Total debt / EBITDA
- 2.85×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −41%
- Below its 52-week high
- −2.7%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.