• CSX average return on tangible equity for 2024 was 29.78, a 9.68% decline from 2023.
• CSX average return on tangible equity for 2023 was 32.97, a 4.37% decline from 2022.
• CSX average return on tangible equity for 2022 was 31.59, a 22.25% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.