Bnsf operating ratio
WebMar 1, 2024 · BNSF Financials. Operating income for the fourth quarter ($2.2 billion) and full-year 2024 ($7.7 billion) saw an increase of $71 million (3%) and a decrease of $331 million (4%), respectively, vs. the same points in 2024. The operating ratio came in at 60.3% for the fourth quarter and 61.6% for the full year—improving 2.5% and 2.9% ... WebAug 10, 2024 · BNSF attributed the lower operating ratios in 2024 to lower volume-related costs, productivity improvements, the effects of cost control initiatives and improved …
Bnsf operating ratio
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WebNov 5, 2013 · A railroad’s operating ratio is calculated as the percentage of revenues consumed by operating expenses. Another way to look at this is to observe that BNSF’s operating income for the first nine months of 2013 would have been $412 million lower had the operating ratio remained at 2010 levels rather than improving by 2.5 percentage … WebApr 10, 2024 · In 2024, BNSF reported a record year of operating revenues of $23.6 billion and an operating income of $7.2 billion. ... Union Pacific boasts a much larger market share in terms of revenue, but BNSF has a higher operating ratio which means they generate more earnings per dollar spent on operations.
WebAug 6, 2024 · The operating ratio represents how much a company needs to spend to make a dollar. In other words, if a railway’s operating ratio is 60—the common level most railways implementing PSR aim to achieve—the company would make 40 cents for every 60 cents spent. ... BNSF and UP achieved fuel efficiencies of 17.4 and 15.6 MPG, … WebNov 9, 2024 · BNSF recently reported its financial results for Q3 2024. Revenue was down 14.4 percent compared to Q3 2024 (bad) and the operating ratio was down to 59.7 percent compared to 62.6 percent in Q3 2024 (good).. Volumes and Revenues . Operating income for the third quarter and first nine months of 2024 was $2.0 billion and $5.6 billion, …
WebFinancial Information. Here you will find a range of financial information including quarterly filings submitted to the U.S. Securities and Exchange Commission, weekly carload reports, quarterly performance summaries, and presentations delivered to investors. On Feb. 12, … Form 10-K Filings for BNSF Railway. Ship with BNSF. From the materials that help … Form 10-Q Filings for BNSF Railway. Ship with BNSF. From the materials that help … (a) Operating ratio excludes impacts of BNSF Logistics. Volumes and … WebAug 10, 2024 · Nonetheless, BNSF's operating ratio improved to 61.1% in the second quarter, compared with 64.8% in the second quarter of 2024. Operating ratio, which is the ratio of operating expenses to ...
WebFeb 27, 2024 · As a result, fourth-quarter operating income was down 15% while operating ratio — a financial metric sometimes used to gauge the financial health of a company — …
WebAug 10, 2024 · Nonetheless, BNSF’s operating ratio improved to 61.1% in the second quarter, compared with 64.8% in the second quarter of 2024. Operating ratio, which is the ratio of operating expenses to revenues, … illinois department of workforceWebApr 7, 2024 · By 1998, he had managed to drop the operating ratio to 62.3, a significant jump in profitability. ... It happened in September 2005 when a 1.5-mile-long BNSF train tried to fit into a siding in ... illinois department of wildlifeWebFeb 27, 2024 · OMAHA, Neb. — BNSF Railway produced record profits in 2024 amid broad growth in traffic and revenue. For the year, BNSF’s operating income surged 13.7%, to … illinois department of wildlife huntingWebFeb 27, 2024 · BNSF’s operating ratio improved 2.3 points last year to 64.6%, its best performance since 2015. Rival Union Pacific was more profitable, however. UP posted a record-low operating ratio of 60.6% in … illinois department on aging ess fundsWebMar 27, 2024 · At the end of Q4 2024, BNSF reported a 67.8% operating ratio for the quarter and a 65.9% for FY 2024, with a strong deterioration compared to an operating … illinois department on aging pdfWebFeb 27, 2024 · BNSF’s operating ratio for the year set a record at 61.6%, down from 64.5% last year. The Fort Worth-based railroad has halved the operating-ratio gap with its rival, Union Pacific. In 2024 and 2024, BNSF’s operating ratio was 4 points higher than UP’s. The difference was 1.7 points in 2024. illinois dept family services child supportWebAug 10, 2024 · BNSF attributed the lower operating ratios in 2024 to lower volume-related costs, productivity improvements, the effects of cost control initiatives and improved weather conditions. BNSF's second ... illinois department public aid medicaid