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Side-by-side financial comparison of Amrize Ltd (AMRZ) and CSX Corporation (CSX). Click either name above to swap in a different company.

Amrize Ltd is the larger business by last-quarter revenue ($3.7B vs $3.5B, roughly 1.1× CSX Corporation). CSX Corporation runs the higher net margin — 23.2% vs 14.8%, a 8.3% gap on every dollar of revenue. On growth, Amrize Ltd posted the faster year-over-year revenue change (6.6% vs 1.7%). CSX Corporation produced more free cash flow last quarter ($793.0M vs $669.0M).

Holcim is a Swiss-based global building materials and aggregates flagship division of the Holcim Group. The original company was merged on 10 July 2015 with Lafarge to form LafargeHolcim as the new company and renamed to Holcim Group in 2021. The Holcim brand remained active within the group when the merger was completed.

CSX Transportation, known colloquially as simply CSX, is a Class I freight railroad company operating in the Eastern United States and the Canadian provinces of Ontario and Quebec. Operating about 21,000 route miles (34,000 km) of track, it is the leading subsidiary of CSX Corporation, a Fortune 500 company headquartered in Jacksonville, Florida.

AMRZ vs CSX — Head-to-Head

Bigger by revenue
AMRZ
AMRZ
1.1× larger
AMRZ
$3.7B
$3.5B
CSX
Growing faster (revenue YoY)
AMRZ
AMRZ
+4.9% gap
AMRZ
6.6%
1.7%
CSX
Higher net margin
CSX
CSX
8.3% more per $
CSX
23.2%
14.8%
AMRZ
More free cash flow
CSX
CSX
$124.0M more FCF
CSX
$793.0M
$669.0M
AMRZ

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
AMRZ
AMRZ
CSX
CSX
Revenue
$3.7B
$3.5B
Net Profit
$545.0M
$807.0M
Gross Margin
29.6%
Operating Margin
21.2%
29.9%
Net Margin
14.8%
23.2%
Revenue YoY
6.6%
1.7%
Net Profit YoY
-1.4%
401.2%
EPS (diluted)
$0.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMRZ
AMRZ
CSX
CSX
Q1 26
$3.5B
Q4 25
$3.5B
Q3 25
$3.7B
$3.6B
Q2 25
$3.2B
$3.6B
Q1 25
$3.4B
Q4 24
$3.5B
Q3 24
$3.4B
$3.6B
Q2 24
$3.2B
$3.7B
Net Profit
AMRZ
AMRZ
CSX
CSX
Q1 26
$807.0M
Q4 25
$720.0M
Q3 25
$545.0M
$694.0M
Q2 25
$429.0M
$829.0M
Q1 25
$646.0M
Q4 24
$720.0M
Q3 24
$553.0M
$894.0M
Q2 24
$474.0M
$963.0M
Gross Margin
AMRZ
AMRZ
CSX
CSX
Q1 26
Q4 25
Q3 25
29.6%
Q2 25
30.0%
Q1 25
Q4 24
Q3 24
30.2%
Q2 24
30.2%
Operating Margin
AMRZ
AMRZ
CSX
CSX
Q1 26
29.9%
Q4 25
31.6%
Q3 25
21.2%
30.3%
Q2 25
20.8%
35.9%
Q1 25
30.4%
Q4 24
30.8%
Q3 24
24.5%
37.4%
Q2 24
23.3%
39.1%
Net Margin
AMRZ
AMRZ
CSX
CSX
Q1 26
23.2%
Q4 25
20.5%
Q3 25
14.8%
19.3%
Q2 25
13.3%
23.2%
Q1 25
18.9%
Q4 24
20.3%
Q3 24
16.0%
24.7%
Q2 24
14.6%
26.0%
EPS (diluted)
AMRZ
AMRZ
CSX
CSX
Q1 26
Q4 25
$0.39
Q3 25
$0.98
$0.37
Q2 25
$0.78
$0.44
Q1 25
$0.34
Q4 24
$0.38
Q3 24
$1.00
$0.46
Q2 24
$0.86
$0.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMRZ
AMRZ
CSX
CSX
Cash + ST InvestmentsLiquidity on hand
$826.0M
$1.1B
Total DebtLower is stronger
$18.9B
Stockholders' EquityBook value
$12.9B
$13.6B
Total Assets
$24.0B
$44.2B
Debt / EquityLower = less leverage
1.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMRZ
AMRZ
CSX
CSX
Q1 26
$1.1B
Q4 25
$5.0M
Q3 25
$826.0M
$6.0M
Q2 25
$601.0M
$6.0M
Q1 25
$8.0M
Q4 24
$72.0M
Q3 24
$12.0M
Q2 24
$4.0M
Total Debt
AMRZ
AMRZ
CSX
CSX
Q1 26
$18.9B
Q4 25
$18.2B
Q3 25
$18.6B
Q2 25
$18.6B
Q1 25
$18.5B
Q4 24
$17.9B
Q3 24
$18.5B
Q2 24
$18.0B
Stockholders' Equity
AMRZ
AMRZ
CSX
CSX
Q1 26
$13.6B
Q4 25
$13.2B
Q3 25
$12.9B
$12.8B
Q2 25
$12.4B
$12.4B
Q1 25
$12.2B
Q4 24
$12.5B
Q3 24
$9.8B
$12.9B
Q2 24
$9.3B
$12.6B
Total Assets
AMRZ
AMRZ
CSX
CSX
Q1 26
$44.2B
Q4 25
$43.7B
Q3 25
$24.0B
$43.3B
Q2 25
$23.8B
$42.9B
Q1 25
$43.2B
Q4 24
$42.8B
Q3 24
$43.1B
Q2 24
$42.4B
Debt / Equity
AMRZ
AMRZ
CSX
CSX
Q1 26
1.39×
Q4 25
1.38×
Q3 25
1.45×
Q2 25
1.50×
Q1 25
1.52×
Q4 24
1.43×
Q3 24
1.43×
Q2 24
1.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMRZ
AMRZ
CSX
CSX
Operating Cash FlowLast quarter
$854.0M
$1.3B
Free Cash FlowOCF − Capex
$669.0M
$793.0M
FCF MarginFCF / Revenue
18.2%
22.8%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
1.57×
1.58×
TTM Free Cash FlowTrailing 4 quarters
$2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMRZ
AMRZ
CSX
CSX
Q1 26
$1.3B
Q4 25
$1.4B
Q3 25
$854.0M
$1.3B
Q2 25
$635.0M
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.7B
Q2 24
$1.1B
Free Cash Flow
AMRZ
AMRZ
CSX
CSX
Q1 26
$793.0M
Q4 25
$709.0M
Q3 25
$669.0M
$607.0M
Q2 25
$-141.0M
Q1 25
$536.0M
Q4 24
$550.0M
Q3 24
$1.1B
Q2 24
$547.0M
FCF Margin
AMRZ
AMRZ
CSX
CSX
Q1 26
22.8%
Q4 25
20.2%
Q3 25
18.2%
16.9%
Q2 25
-3.9%
Q1 25
15.7%
Q4 24
15.5%
Q3 24
29.3%
Q2 24
14.8%
Capex Intensity
AMRZ
AMRZ
CSX
CSX
Q1 26
Q4 25
19.3%
Q3 25
5.0%
20.4%
Q2 25
21.7%
Q1 25
21.0%
Q4 24
23.7%
Q3 24
17.3%
Q2 24
14.6%
Cash Conversion
AMRZ
AMRZ
CSX
CSX
Q1 26
1.58×
Q4 25
1.93×
Q3 25
1.57×
1.93×
Q2 25
0.77×
Q1 25
1.94×
Q4 24
1.93×
Q3 24
1.89×
Q2 24
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMRZ
AMRZ

Building Materials$2.8B75%
Building Envelope$901.0M25%
Equity Method Investee$5.0M0%

CSX
CSX

Segment breakdown not available.

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