STB Railroad Economic Data (HTML)
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SURFACE TRANSPORTATION BOARD
OFFICE OF ECONOMICS, ENVIRONMENTAL ANALYSIS, AND ADMINISTRATION
WASHINGTON, DC 20423
 
CLASS I FREIGHT RAILROADS - SELECTED EARNINGS DATA
 
(000 OMITTED)
           
    QUARTER ENDED JUNE 30
           
      Net    
    Railway Railway   Revenue
    Operating Operating Net Ton-Miles
    Revenues Income Income Of Freight
Railroad Year   (Note 1)    
TOTAL ALL CLASS I 2001 $8,586,898 $1,081,374 $691,618   364,625,220
    FREIGHT RR'S ............ 2000 8,546,690 1,066,170 687,188 359,708,893
           
Burlington Northern - Santa Fe 2001 2,269,980 288,590 231,970 122,509,506
     2000 2,259,244 326,834 257,128 119,680,005
CSX Transportation 2001 1,555,744 126,576 83,935 52,300,000
      2000 1,547,954 73,011 22,917 52,561,000
CNW/Grand Trunk Western 2001 95,156 40,526 16,687 2,996,830
   2000 93,937 13,218 10,403 2,779,749
CNW/Illinois Central 2001 158,810 51,403 1,466 6,424,135
    2000 170,738 30,223 19,003 6,105,718
Kansas City Southern 2001 130,388 15,178 8,247 4,751,122
      2000 132,323 19,970 10,836 5,056,025
Norfolk Southern 2001 1,591,835 232,898 82,197 46,326,265
     2000 1,592,066 225,413 114,126 50,572,103
Soo Line 2001 132,861 6,709 4,811 5,289,362
      2000 125,874 5,180 (10,816) 5,127,293
Union Pacific 2001 2,652,124 319,494 262,305 124,028,000
     2000 2,624,554 372,321 263,591 117,827,000
           
           

SURFACE TRANSPORTATION BOARD
OFFICE OF ECONOMICS, ENVIRONMENTAL ANALYSIS, AND ADMINISTRATION
WASHINGTON, DC 20423
 
CLASS I FREIGHT RAILROADS - SELECTED EARNINGS DATA
 
(000 OMITTED)
             
    12 MONTHS ENDED JUNE 30
             
      Net     Return
    Railway Railway   Revenue On Net
    Operating Operating Net Ton-Miles Investment
    Revenues Income Income Of Freight (%)
Railroad     (1)   (Note 2) (Note 2)
TOTAL ALL CLASS I   $34,205,849 $4,011,293 $2,523,631 1,472,350,942 6.53%
    FREIGHT RR'S ............   33,817,382 3,983,752 2,764,650 1,460,524,839 6.53%
             
Burlington Northern - Santa Fe   9,212,418 1,317,334 1,025,344 499,512,427 8.25%
    9,233,940 1,480,848 1,243,344 494,686,291 9.48%
CSX Transportation   6,099,477 435,660 167,218 208,539,300 3.99%
    6,055,502 252,339 103,630 208,940,400 2.40%
CNW/Grand Trunk Western   371,884 90,823 67,416 11,595,132 21.11%
    359,059 80,349 71,160 11,018,188 24.09%
CNW/Illinois Central   673,409 116,582 33,814 26,058,054 9.64%
    697,664 94,877 61,074 25,712,287 8.30%
Kansas City Southern   514,824 55,006 27,114 18,912,431 6.13%
    542,398 64,562 24,533 21,728,500 7.24%
Norfolk Southern   6,172,890 697,171 239,807 190,756,927 6.31%
    6,071,138 547,547 251,444 195,657,543 4.68%
Soo Line   567,011 51,402 43,870 22,848,671 5.82%
    550,249 55,448 32,204 21,693,630 5.38%
Union Pacific   10,593,936 1,247,315 919,048 494,128,000 6.20%
    10,307,432 1,407,782 977,261 481,088,000 7.11%


SOURCES OF DATA:                    
                     
Railway Operating Revenues, Net Railway Operating Income, and Net Income are from the "Quarterly Report of Revenues, Expenses, and Income - Railroads" (Form RE&I).        
       
                     
Revenue Ton Miles of Freight are from the "Quarterly Condensed Balance Sheet - Railroads (Form CBS).        
                     
NOTES:                    
                     
(1) Net Railway Operating Income is the difference between railway operating revenues and the total of railway operating expenses, railway tax accruals, and net equipment and joint facility rents.

       
       
                     
                     
(2) Return on Net Investment (ROI) is the ratio of net railway operating income to net investment in railway property used in transportation services at end of previous calendar year. The latter includes an allowance for working capital. Accumulated deferred income tax reserves are subtracted from the net investment base.
 
Since net investment figures are only available on an end-of-year basis from the Annual Report Form R-1's, filed on March 31 of each year, the net investment bases used to compute returns on net investment in this report are the most recent year-end figures available (data as of the end of 2000 and 1999.)
       
       
       
       
                     
ROI's, as computed by the Board for its annual determination of the revenue adequacy of each class I railroad, will differ from the ROI's computed for this report. ROI's for the revenue adequacy determination are based upon the average of the beginning and end-of-year net investment bases, while ROI's for this report are based on end-of-year data only. Also, ROI's for revenue adequacy determinations are computed using data reported by the class I railroads in AnnualReport Form R-1, Schedule 250, "Consolidated Information for Revenue Adequacy Determination." The data contained in Schedule 250 differ somewhat from the data in the Form RE&I, and are therefore not totally compatible.