CHARLOTTE, N.C. – Amtrak set an all-time record 32.8 million customer trips during the 2024 fiscal year, according to a news release.
Ridership increased approximately 15% over 2023’s fiscal year. Amtrak also achieved $2.5 billion in ticket revenue, 9% higher year-over-year.
“Breaking our ridership record is just the beginning,” said Amtrak CEO Stephen Gardner. “This record ridership shows that travelers throughout the U.S. want efficient travel options, and we are committed to meeting that demand. Through bold investments, strong partnerships with states and host railroads, and dedicated planning, we are doubling down on our vision to connect more people and communities like never before.”
Amtrak saw the largest boom in rail construction in its history after investing $4.5 billion into major infrastructure and fleet projects.
Amtrak invested $4.5 billion into major infrastructure and fleet projects, which created jobs, improved mobility and increased economic growth.
Other notable results from the 2024 fiscal year include:
- $3.6 billion in total operating revenue, a 7% increase from 2023
- Adjusted operating earnings improved by 9% over 2023 to $705.2 million
“Amtrak’s record ridership reflects not only the need for train travel in America but also the impact of strategic investments that support our long-term vision,” said Amtrak Board Chair Tony Coscia. “We’re modernizing and expanding our network in ways that will improve service, enhance reliability, and increase capacity. This is an exciting time for rail in America, and Amtrak is committed to leading the way.”