• CSX average ebitda margin for 2023 was 49.88%, a 4.24% decline from 2022.
• CSX average ebitda margin for 2022 was 52.09%, a 7.49% decline from 2021.
• CSX average ebitda margin for 2021 was 56.31%, a 5.23% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.