Summary - Funding Rounds

Founding Date

1996
BNSF Railway is a subsidiary of Berkshire Hathaway

BNSF Railway Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

21.4b19.3b20.7b

Revenue growth, %

(10%)

Sales and marketing expense

5.0b4.7b4.9b

General and administrative expense

6.6b5.8b6.2b

Operating expense total

13.6b12.6b13.5b

Depreciation and amortization

2.0b2.1b2.3b

EBIT

7.8b6.6b7.3b

EBIT margin, %

36%34%35%

Interest expense

35.0m50.0m43.0m

Interest income

131.0m197.0m360.0m

Pre tax profit

7.8b6.8b7.6b

Income tax expense

2.9b2.5b(4.5b)

Net Income

3.8b3.9b4.9b4.3b12.1b

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

5.2b5.5b4.6b4.4b5.0b5.0b5.1b5.2b

Sales and marketing expense

1.3b1.2b1.2b1.1b1.2b1.3b1.2b1.1b

General and administrative expense

1.8b1.7b1.4b1.3b1.5b1.6b1.5b1.5b

Operating expense total

3.5b3.4b3.1b3.0b3.2b3.5b3.3b3.2b

Depreciation and amortization

488.0m500.0m517.0m526.0m531.0m571.0m588.0m589.0m

EBIT

1.7b2.1b1.5b1.5b1.8b1.6b1.8b1.9b

EBIT margin, %

33%38%33%33%37%32%35%38%

Interest expense

6.0m11.0m13.0m15.0m11.0m11.0m10.0m10.0m

Interest income

32.0m34.0m43.0m47.0m50.0m69.0m82.0m100.0m

Pre tax profit

1.7b2.1b1.5b1.5b1.9b1.6b1.8b2.0b

Income tax expense

654.0m780.0m582.0m569.0m709.0m621.0m697.0m786.0m

Net Income

1.9b3.1b1.3b1.1b1.3b963.0m944.0m1.2b1.0b1.1b1.2b

BNSF Railway Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

532.0m2.4b565.0m3.2b516.0m

Accounts Receivable

1.3b1.4b1.2b1.3b1.7b

Inventories

835.0m795.0m829.0m825.0m803.0m

Current Assets

3.2b5.2b3.1b5.6b3.2b

PP&E

61.2b

Goodwill

14.8b14.8b14.8b14.8b14.8b

Total Assets

73.5b78.2b79.9b84.1b83.1b

Accounts Payable

3.1b3.4b3.0b3.4b3.1b

Short-term debt

145.0m366.0m214.0m735.0m90.0m

Current Liabilities

3.2b3.8b3.2b4.2b3.2b

Long-term debt

1.5b18.9b1.6b21.3b1.4b

Total Debt

17.0b19.3b21.7b22.0b1.4b

Total Liabilities

25.0b26.6b48.0b20.4b

Common Stock

42.9b42.9b42.9b42.9b

Retained Earnings

13.6b23.0b27.2b39.3b

Total Equity

48.4b34.7b53.3b36.2b62.7b

Debt to Equity Ratio

0.4 x0.6 x0.4 x0.6 x0 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x0.3 x0 x

Financial Leverage

1.5 x2.3 x1.5 x2.3 x1.3 x

BNSF Railway Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

4.3b3.9b4.9b4.3b12.1b

Depreciation and Amortization

2.0b2.1b2.0b2.1b2.3b

Accounts Receivable

(119.0m)(88.0m)121.0m(201.0m)(237.0m)

Inventories

(35.0m)40.0m(34.0m)4.0m22.0m

Accounts Payable

(276.0m)85.0m(89.0m)574.0m(282.0m)

Cash From Operating Activities

6.2b6.6b8.0b7.6b7.2b

Purchases of PP&E

(943.0m)(1.5b)(1.2b)(614.0m)(397.0m)

Cash From Investing Activities

(3.9b)(5.2b)(5.7b)(4.0b)(3.5b)

Long-term Borrowings

(190.0m)(641.0m)(121.0m)(117.0m)(85.0m)

Cash From Financing Activities

(2.2b)(1.2b)(2.3b)(3.6b)(3.8b)

Interest Paid

76.0m859.0m52.0m60.0m61.0m

Income Taxes Paid

2.5b1.4b1.4b1.0b2.1b

Free Cash Flow

3.2b2.8b3.6b4.4b4.4b

BNSF Railway Employee Rating

3.4827 votes
Culture & Values
3.1
Work/Life Balance
2.4
Senior Management
2.8
Salary & Benefits
4.1
Career Opportunities
3.5
Source