• CSX average ebitda margin for 2023 was 49.43%, a 4.91% decline from 2022.
• CSX average ebitda margin for 2022 was 51.98%, a 7.69% 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.