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Side-by-side financial comparison of CSX Corporation (CSX) and News Corp (Class A) (NWSA). Click either name above to swap in a different company.

CSX Corporation is the larger business by last-quarter revenue ($3.5B vs $2.4B, roughly 1.5× News Corp (Class A)). CSX Corporation runs the higher net margin — 23.2% vs 8.2%, a 15.0% gap on every dollar of revenue. On growth, News Corp (Class A) posted the faster year-over-year revenue change (5.5% vs 1.7%). CSX Corporation produced more free cash flow last quarter ($793.0M vs $132.0M). Over the past eight quarters, News Corp (Class A)'s revenue compounded faster (-1.3% CAGR vs -3.0%).

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.

News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media.

CSX vs NWSA — Head-to-Head

Bigger by revenue
CSX
CSX
1.5× larger
CSX
$3.5B
$2.4B
NWSA
Growing faster (revenue YoY)
NWSA
NWSA
+3.8% gap
NWSA
5.5%
1.7%
CSX
Higher net margin
CSX
CSX
15.0% more per $
CSX
23.2%
8.2%
NWSA
More free cash flow
CSX
CSX
$661.0M more FCF
CSX
$793.0M
$132.0M
NWSA
Faster 2-yr revenue CAGR
NWSA
NWSA
Annualised
NWSA
-1.3%
-3.0%
CSX

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
CSX
CSX
NWSA
NWSA
Revenue
$3.5B
$2.4B
Net Profit
$807.0M
$193.0M
Gross Margin
Operating Margin
29.9%
Net Margin
23.2%
8.2%
Revenue YoY
1.7%
5.5%
Net Profit YoY
401.2%
-10.2%
EPS (diluted)
$0.34

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
CSX
CSX
NWSA
NWSA
Q1 26
$3.5B
Q4 25
$3.5B
$2.4B
Q3 25
$3.6B
$2.1B
Q2 25
$3.6B
$1.6B
Q1 25
$3.4B
$2.0B
Q4 24
$3.5B
$2.2B
Q3 24
$3.6B
$2.6B
Q2 24
$3.7B
$2.6B
Net Profit
CSX
CSX
NWSA
NWSA
Q1 26
$807.0M
Q4 25
$720.0M
$193.0M
Q3 25
$694.0M
$112.0M
Q2 25
$829.0M
$743.0M
Q1 25
$646.0M
$103.0M
Q4 24
$720.0M
$215.0M
Q3 24
$894.0M
$119.0M
Q2 24
$963.0M
$50.0M
Operating Margin
CSX
CSX
NWSA
NWSA
Q1 26
29.9%
Q4 25
31.6%
Q3 25
30.3%
Q2 25
35.9%
8.5%
Q1 25
30.4%
7.5%
Q4 24
30.8%
19.2%
Q3 24
37.4%
7.9%
Q2 24
39.1%
4.3%
Net Margin
CSX
CSX
NWSA
NWSA
Q1 26
23.2%
Q4 25
20.5%
8.2%
Q3 25
19.3%
5.2%
Q2 25
23.2%
45.6%
Q1 25
18.9%
5.1%
Q4 24
20.3%
9.6%
Q3 24
24.7%
4.6%
Q2 24
26.0%
1.9%
EPS (diluted)
CSX
CSX
NWSA
NWSA
Q1 26
Q4 25
$0.39
$0.34
Q3 25
$0.37
$0.20
Q2 25
$0.44
$1.30
Q1 25
$0.34
$0.18
Q4 24
$0.38
$0.38
Q3 24
$0.46
$0.21
Q2 24
$0.49
$0.09

Balance Sheet & Financial Strength

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

Metric
CSX
CSX
NWSA
NWSA
Cash + ST InvestmentsLiquidity on hand
$1.1B
$2.1B
Total DebtLower is stronger
$18.9B
$2.0B
Stockholders' EquityBook value
$13.6B
$8.8B
Total Assets
$44.2B
$15.5B
Debt / EquityLower = less leverage
1.39×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSX
CSX
NWSA
NWSA
Q1 26
$1.1B
Q4 25
$5.0M
$2.1B
Q3 25
$6.0M
$2.2B
Q2 25
$6.0M
$2.4B
Q1 25
$8.0M
$2.1B
Q4 24
$72.0M
$1.8B
Q3 24
$12.0M
$1.8B
Q2 24
$4.0M
$2.0B
Total Debt
CSX
CSX
NWSA
NWSA
Q1 26
$18.9B
Q4 25
$18.2B
$2.0B
Q3 25
$18.6B
$2.0B
Q2 25
$18.6B
$2.0B
Q1 25
$18.5B
$2.0B
Q4 24
$17.9B
$2.0B
Q3 24
$18.5B
$2.9B
Q2 24
$18.0B
$2.9B
Stockholders' Equity
CSX
CSX
NWSA
NWSA
Q1 26
$13.6B
Q4 25
$13.2B
$8.8B
Q3 25
$12.8B
$8.7B
Q2 25
$12.4B
$8.8B
Q1 25
$12.2B
$8.2B
Q4 24
$12.5B
$8.1B
Q3 24
$12.9B
$8.3B
Q2 24
$12.6B
$8.1B
Total Assets
CSX
CSX
NWSA
NWSA
Q1 26
$44.2B
Q4 25
$43.7B
$15.5B
Q3 25
$43.3B
$15.3B
Q2 25
$42.9B
$15.5B
Q1 25
$43.2B
$16.6B
Q4 24
$42.8B
$16.2B
Q3 24
$43.1B
$16.9B
Q2 24
$42.4B
$16.7B
Debt / Equity
CSX
CSX
NWSA
NWSA
Q1 26
1.39×
Q4 25
1.38×
0.22×
Q3 25
1.45×
0.22×
Q2 25
1.50×
0.22×
Q1 25
1.52×
0.24×
Q4 24
1.43×
0.24×
Q3 24
1.43×
0.35×
Q2 24
1.42×
0.36×

Cash Flow & Capital Efficiency

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

Metric
CSX
CSX
NWSA
NWSA
Operating Cash FlowLast quarter
$1.3B
$231.0M
Free Cash FlowOCF − Capex
$793.0M
$132.0M
FCF MarginFCF / Revenue
22.8%
5.6%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
1.58×
1.20×
TTM Free Cash FlowTrailing 4 quarters
$2.0B
$586.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSX
CSX
NWSA
NWSA
Q1 26
$1.3B
Q4 25
$1.4B
$231.0M
Q3 25
$1.3B
$85.0M
Q2 25
$635.0M
$189.0M
Q1 25
$1.3B
$511.0M
Q4 24
$1.4B
$252.0M
Q3 24
$1.7B
$64.0M
Q2 24
$1.1B
$254.0M
Free Cash Flow
CSX
CSX
NWSA
NWSA
Q1 26
$793.0M
Q4 25
$709.0M
$132.0M
Q3 25
$607.0M
$4.0M
Q2 25
$-141.0M
$32.0M
Q1 25
$536.0M
$418.0M
Q4 24
$550.0M
$190.0M
Q3 24
$1.1B
$-31.0M
Q2 24
$547.0M
$111.0M
FCF Margin
CSX
CSX
NWSA
NWSA
Q1 26
22.8%
Q4 25
20.2%
5.6%
Q3 25
16.9%
0.2%
Q2 25
-3.9%
2.0%
Q1 25
15.7%
20.8%
Q4 24
15.5%
8.5%
Q3 24
29.3%
-1.2%
Q2 24
14.8%
4.3%
Capex Intensity
CSX
CSX
NWSA
NWSA
Q1 26
Q4 25
19.3%
4.2%
Q3 25
20.4%
3.8%
Q2 25
21.7%
9.6%
Q1 25
21.0%
4.6%
Q4 24
23.7%
2.8%
Q3 24
17.3%
3.7%
Q2 24
14.6%
5.5%
Cash Conversion
CSX
CSX
NWSA
NWSA
Q1 26
1.58×
Q4 25
1.93×
1.20×
Q3 25
1.93×
0.76×
Q2 25
0.77×
0.25×
Q1 25
1.94×
4.96×
Q4 24
1.93×
1.17×
Q3 24
1.89×
0.54×
Q2 24
1.13×
5.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSX
CSX

Segment breakdown not available.

NWSA
NWSA

Book Publishing Segment$633.0M27%
Consumer$607.0M26%
News And Information Services Segment$570.0M24%
Real Estate$401.0M17%
Other Product Or Service$173.0M7%

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