CSX (CSX) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reporting quarter increased compared to the immediately preceding quarter, but declined relative to the same quarter one year earlier. The annual comparison points to a contraction in top-line performance year over year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reporting quarter increased compared to the immediately preceding quarter, but declined relative to the same quarter one year earlier. The annual comparison points to a contraction in top-line performance year over year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
+3.0%
Change from the immediately preceding quarter.
Year-over-year
-1.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $3.7B | +8.6% |
| Jun 30, 2023 | $3.7B | -3.0% |
| Sep 30, 2023 | $3.6B | -8.3% |
| Dec 31, 2023 | $3.7B | -1.3% |
Revenue performance
Revenue turned upward on a sequential basis, marking a positive shift from the prior quarter's decline. However, the year-over-year comparison remained negative, reflecting a sustained downward trajectory from the prior year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. In contrast, revenue fell when measured against the same quarter one year earlier, indicating a mixed sequential and annual performance.
What to watch
Monitor whether the sequential revenue growth can be sustained in coming quarters, given the persistent year-over-year decline.