Is CSX Corporation (CSX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 26.0% / 30% | 0.9% / 30% | 1.7% / 30% | 0.32% / 5% | ✓ HALAL |
| DJIM | 26.0% / 33% | 0.9% / 33% | 1.7% / 33% | 0.32% / 5% | ✓ HALAL |
| MSCI | 44.3% / 33% | 1.5% / 33% | 3.0% / 33% | 0.32% / 5% | ✗ NOT HALAL |
| S&P | 26.0% / 33% | 0.9% / 33% | 1.7% / 33% | 0.32% / 5% | ✓ HALAL |
| FTSE | 44.3% / 33% | 1.5% / 33% | 3.0% / 50% | 0.32% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.6% | |
| Operating Margin | 32.7% | |
| Net Margin | 20.5% | |
| Return on Equity (ROE) | 22.5% | |
| Return on Assets (ROA) | 6.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4.6B |
| Free Cash Flow | $1.7B |
| Total Debt | $19.4B |
| Debt-to-Equity | 148.2 |
| Current Ratio | 0.8 |
| Total Assets | $43.7B |
Price & Trading
| Last Close | $39.55 |
| 50-Day MA | $39.78 |
| 200-Day MA | $36.03 |
| Avg Volume | 13.4M |
| Beta | 1.3 |
|
52-Week Range
$26.22
| |
About CSX Corporation (CSX)
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services in the United States and Canada. It operates through two segments: rail and trucking. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns 3400 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
Purification Calculator
As a halal stock with 0.32% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is CSX Corporation (CSX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CSX Corporation is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CSX Corporation's debt ratio?
CSX Corporation's debt ratio is 26.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 44.3%.
Does CSX Corporation require dividend purification?
Yes, CSX Corporation has an impermissible income ratio of 0.32%, which means 0.32% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are CSX Corporation's key financial metrics?
CSX Corporation has a market capitalization of $73.8B, trailing P/E ratio of 25.8, and revenue of $14.1B. The company maintains a gross margin of 45.6% and a net margin of 20.5%. Return on equity stands at 22.5%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.