Csx Corporation · NASDAQ:CSX
Csx — Baird 2019 Global Industrial Conference
9 slides from Csx's conference presentation, Nov 6, 2019
Slide 1: 2019 Baird Global Industrial Conference
2019 Baird Global Industrial Conference James M. Foote President and Chief Executive Officer
Slide 2: Forward Looking Disclosure
FORWARD LOOKING DISCLOSURE This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, cost
Slide 3: Non-GAAP Measures Disclosure
NON-GAAP MEASURES DISCLOSURE CSX reports its financial results in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). CSX also uses certain non-GAAP measures that fall within the meaning of Securities and Exchange Commission Regulation G and Regulati
Slide 4: Far-Reaching and Diverse Revenue Base
FAR-REACHING AND DIVERSE REVENUE BASE CSX network reaches nearly two-thirds of the U.S. Population 2018 Revenue by Market: ~$12 Billion* 20% 11% Merchandise = 64% Automotive Chemicals 7% Agriculture & 11% Intermodal 17% Food 4% Coal 19% 7% *Excludes Other Revenue 4% 4 2019 BAIRD GLOBAL INDUSTRIAL CO
Slide 5: Operating Better Than Any Point in Company History
OPERATING BETTER THAN ANY POINT IN COMPANY HISTORY Train Velocity Gallons of Fuel per kGTM (miles per hour) 1.08 20.5 20.9 20.0 20.3 1.05 1.03 19.0 18.0 0.99 0.98 3Q18 4Q18 1Q19 2Q19 3Q19 October 3Q18 4Q18 1Q19 2Q19 3Q19 Terminal Car Dwell FRA Personal Injury Rate FRA Train Accident Rate (hours) 8.9
Slide 6: Setting New Customer Service Records
SETTING NEW CUSTOMER SERVICE RECORDS Carload Trip Plan Compliance* Intermodal Trip Plan Compliance* Carload Intermodal 82.5% 95.2% 94.2% 89.8% 74.6% 72.5% 73.2% 79.8% 78.3% 73.4% 66.1% 65.8% 3Q18 4Q18 1Q19 2Q19 3Q19 October 3Q18 4Q18 1Q19 2Q19 3Q19 October *Trip Plan Compliance measures success in m
Slide 7: Driving Significant Margin Improvement
DRIVING SIGNIFICANT MARGIN IMPROVEMENT Q3 2019 Last Twelve Month Operating Ratio Operating Ratio Industry Comparison, As Reported 58.7% 56.8% 68.0% 64.3% 61.1% 61.5% 190 bps Improvement 59.8% 58.5% 3Q18 3Q19 CSX CP UNP CNI NSC KSU 7 2019 BAIRD GLOBAL INDUSTRIAL CONFERENCE
Slide 8: Delivering Industry-Leading Free Cash Flow
DELIVERING INDUSTRY-LEADING FREE CASH FLOW Last Twelve Month Last Twelve Month FCF Conversion % of Net Income FCF Yield* Industry Comparison Industry Comparison 104% 6.5% 84% 77% 64% 4.5% 4.4% 59% 50% 3.3% 3.1% 2.6% CSX UNP NSC KSU CP CNI CSX NSC UNP CP KSU CNI *At market capitalization as of Octobe
Slide 9: CSX.com / Investors
|, osx ] CSX.COM / INVESTORS