Amtrak achieved an all-time ridership record in Fiscal Year 2024 (FY24), with a historic 32.8 million customers as demand for passenger rail service continues to grow in markets across the nation.

Amtrak also invested a $4.5 billion into major infrastructure and fleet projects, creating the largest boom in rail construction in Amtrak’s history. Thousands of skilled Americans have been put to work and American manufacturing has gotten a jump-start.

Amtrak is seizing the opportunity of strong customer interest and leveraging investments to improve all aspects of the travel experience.

“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.”

FY24 Amtrak Performance

As Amtrak continues to transform rail and provide a high quality experience, preliminary results for FY24 include:

• An all-time record of 32.8 million customer trips, increasing 15% over FY23.

• $2.5 billion in ticket revenue, a first in Amtrak’s history and 9% higher year-over-year.

• $3.6 billion in total operating revenue, a 7% increase over FY23.

• $4.5 billion invested into critical infrastructure upgrades, driving economic growth, creating jobs, and improving mobility around the country.

• $705.2 million in adjusted operating earnings, a 9% improvement over FY23.

• One new train service launched and four additional routes expanded.

With a strong workforce and private-sector partners, Amtrak is building new bridges, tunnels, trains, and more to deliver world-class infrastructure upgrades. These investments will enhance safety and reliability while expanding capacity, spurring economic growth, and improving accessibility.

Amtrak is also working closely with state partners to establish new routes, upgrade stations, and lay the groundwork for future corridor expansion.

Advancing a new era of passenger rail supports Amtrak’s goal of doubling ridership to 66 million by 2040. 

“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.”