With rising costs, the company should be able to expand its average revenue per carload, boding well for its top-line growth. CSX’s net income of $1.0 billion in Q4 2022 reflected a 9% rise from its $934 million figure in the prior-year quarter, as sales growth was partly offset by an 80 bps decline in operating ratio. With inflation rising and the Fed raising interest rates, among other factors, CSX stock has fallen 1% this year.