Identification of causal factors in traffic crashes has always been a significant challenge in road safety studies. Traditional crash prediction models are limited in elucidating the underlying causal mechanisms in road crashes. This research explores the application of three graphic models, namely, the Gaussian graphical model (GGM), causal Bayesian network (CBN) and graphic extreme gradient boosting (XGBoost), through a case study using highway–railroad-grade crossing (HRGC) inventory and collision data from Canada. The three modelling approaches have generally yielded consistent findings on various risk factors such as crossing control type, track angle, and exposure, showing their potential for identifying causal relationships through the interpretation of causal graphs. With the ability to make better causal inferences from crash data, the effectiveness of safety countermeasures could be more accurately and reliably estimated.