Csx Corporation · NASDAQ:CSX
Csx — 2020 Baird Global Industrials Conference
9 slides from Csx's conference presentation, Nov 12, 2020
Slide 1: 2020 Baird Global Industrials Conference
2020 BAIRD GLOBAL INDUSTRIALS CONFERENCE 11 . 1 2 . 2 0 2 0
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 Network and Diverse Revenue Base
FAR-REACHING NETWORK AND DIVERSE REVENUE BASE CSX network reaches nearly 2019 Revenue Totals ~$12B % Revenue by Market* two-thirds of the U.S. Population Chemicals 20% Ag & Food 12% Automotive 10% Merchandise 64% Forest Products 7% Metal & Equip. 6% Minerals 5% Fertilizers 4% Coal 17% Intermodal 15%
Slide 5: Leader in Both Operating Ratio & Cash Conversion
LEADER IN BOTH OPERATING RATIO & CASH CONVERSION Q3 Operating Ratio FCF Conversion % of Net Income 62.5% 104% 97% 95% 59.9% 81% 58.7% 58.8% 58.2% 56.9% 50% 49% CSX CP UNP KSU CNI NSC 2015 2016 2017* 2018* 2019 2020 LTM *Non-GAAP results exclude restructuring charges and tax reform benefit. 5 2020 BA
Slide 6: Q3 Results Reflect Continued Operating Efficiency
Q3 RESULTS REFLECT CONTINUED OPERATING EFFICIENCY Revenue Earnings Per Share Operating Ratio Millions $ $1.08 $2,978 $0.96 $2,648 56.8% 56.9% 11% Decline 11% Decline 10 bps Increase 2019 2020 2019 2020 2019 2020 6 2020 BAIRD GLOBAL INDUSTRIALS CONFERENCE
Slide 7: Performing Well in Volatile Economic Environment
PERFORMING WELL IN VOLATILE ECONOMIC ENVIRONMENT YoY % Volume Change 2020 has been year of historic volatility 1% % Change vs 2019 1% 3% 5% across all end markets (1%) ― Entered year with positive merchandise and (3%) Total intermodal volume growth (17%) Total, ex. Coal (20%) ― Rapid decline and r
Slide 8: Targeting Large Truck Conversion Opportunity
TARGETING LARGE TRUCK CONVERSION OPPORTUNITY Enhanced marketing capabilities, a leading U.S. Freight Revenue: ~$980B service product, and an improved customer Water Air experience are winning share in challenging 1% 4% Pipeline environment 5% Rail 8% Working closely with customers to identify tr
Slide 9: investors.csx.com
I N V E S TO R S . C S X . C O M