Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $12.5B | $14.9B | $14.7B | $14.5B | $14.1B |
| YoY | — | +18.6% | -1.3% | -0.8% | -3.1% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $5.6B | $6.0B | $5.5B | $5.2B | $4.5B |
| YoY | — | +6.4% | -7.6% | -4.6% | -13.8% |
| Pretax income | $5.0B | $5.3B | $4.8B | $4.6B | $3.8B |
| YoY | — | +8.0% | -9.7% | -5.7% | -17.3% |
| Income tax | $1.2B | $1.2B | $1.2B | $1.1B | $880.0M |
| YoY | — | +5.2% | -5.7% | -6.5% | -18.9% |
| Net income | $3.8B | $4.1B | $3.7B | $3.5B | $2.9B |
| YoY | — | +8.8% | -10.8% | -5.4% | -16.7% |
| EPS — basic | $1.68 | $1.93 | $1.83 | $1.79 | $1.54 |
| YoY | — | +14.9% | -5.2% | -2.2% | -14.0% |
| EPS — diluted | $1.68 | $1.92 | $1.82 | $1.79 | $1.54 |
| YoY | — | +14.3% | -5.2% | -1.6% | -14.0% |
| Weighted shares — basic | 2.25B | 2.14B | 2.01B | 1.94B | 1.87B |
| Weighted shares — diluted | 2.25B | 2.14B | 2.01B | 1.94B | 1.87B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.1B | $1.3B | $1.4B | $1.3B | $1.3B |
| YoY | — | +14.4% | +6.1% | -4.8% | -2.1% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $3.9B | $3.8B | $3.4B | $2.8B | $2.5B |
| YoY | — | -1.7% | -11.8% | -16.0% | -9.6% |
| Total assets | $40.5B | $41.7B | $42.2B | $42.8B | $43.7B |
| YoY | — | +2.8% | +1.2% | +1.3% | +2.1% |
| Total current liabilities | $2.2B | $2.4B | $3.2B | $3.3B | $3.1B |
| YoY | — | +9.5% | +31.8% | +1.6% | -4.4% |
| Total liabilities | $27.0B | $29.2B | $30.2B | $30.3B | $30.5B |
| YoY | — | +8.1% | +3.5% | +0.1% | +0.9% |
| Total equity | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Shares outstanding | 2.20B | 2.07B | 1.96B | 1.90B | 1.86B |
| YoY | — | -6.2% | -5.2% | -3.0% | -2.1% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $5.1B | $5.5B | $5.5B | $5.2B | $4.6B |
| YoY | — | +8.4% | -0.2% | -4.8% | -12.1% |
| Capital expenditures | $1.8B | $2.1B | $2.3B | $2.5B | $2.9B |
| YoY | — | +18.0% | +6.8% | +12.1% | +14.7% |
| Free cash flow | $3.3B | $3.4B | $3.3B | $2.7B | $1.7B |
| YoY | — | +3.2% | -4.6% | -16.5% | -37.0% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $2.9B | $4.7B | $3.5B | $2.2B | $1.4B |
| YoY | — | +63.9% | -26.4% | -35.8% | -37.6% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 44.7% | 40.1% | 37.5% | 36.1% | 32.1% |
| Net margin | 30.2% | 27.7% | 25.0% | 23.9% | 20.5% |
| Free cash flow margin | 26.4% | 23.0% | 22.2% | 18.7% | 12.1% |
| Effective tax rate | 23.6% | 23.0% | 24.0% | 23.8% | 23.3% |
| Current ratio | 1.73x | 1.56x | 1.04x | 0.86x | 0.81x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Industrials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| CSX FY25 · this stock | $14.1B | -3.1% | — | 32.1% | 20.5% | 12.1% |
| FDX FY26 | $94.7B | +7.7% | — | 5.8% | 4.7% | — |
| BA FY25 | $89.5B | +34.5% | 4.8% | 4.8% | 2.5% | -2.1% |
| UPS FY25 | $88.7B | -2.6% | — | 8.9% | 6.3% | 5.4% |
| RTX FY25 | $88.6B | +9.7% | — | 10.5% | 7.6% | 9.0% |
| LMT FY25 | $75.0B | +5.6% | 10.2% | 10.3% | 6.7% | — |
| GD FY25 | $52.5B | +10.1% | — | 10.2% | 8.0% | 7.5% |
| UBER FY25 | $52.0B | +18.3% | — | 10.7% | 19.3% | 18.8% |
| GE FY25 | $45.9B | +18.5% | — | — | 19.0% | — |
| DE FY25 | $45.7B | -11.7% | — | — | 11.0% | 13.4% |
| CAT FY10 | $42.6B | +31.5% | — | 9.3% | — | — |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.