FreightWaves is reporting that BNSF has released financial results for Q4 2019 and overall 2019. As has been the case with other Class Ones this year, BNSF reports that profits were up while revenues were down, for both Q4 and full year 2019.
In Q4 2019, total revenue was $5.84 billion, which is a 6 percent drop compared to Q4 2018 revenue.
Total 2019 revenue was $23.5 billion, a drop from total 2018 revenue of 23.9 billion.
Net income for Q4 2019, however, increased 4 percent over 2018 – $1.42 billion compared to $1.37 billion.
Net income for 2019 increased 5 percent over 2018 – $5.48 billion compared to $5.22 billion.
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