REVENUE & RIDERSHIP REPORT NOVEMBER 2017 November ridership and revenue 1.9% and 2.2% below budget Depressed ridership last November from a six-day City Transit strike Year-to-date revenue 3.2% and ridership 4.6% below budget 1,500 SEPTA RIDERSHIP PERFORMANCE Average Daily Rides in 000's 1,250 1,000 750 This Year Last Year Budget 500 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun YTD FY 17 FY 18 Budget 56220 Prepared By: Revenue & Ridership Management Southeastern Pennsylvania Transportation Authority
Revenue & Ridership Performance November FY 2018 & YTD Monthly ridership is reporting a significant increase when compared to last November which was impacted by a six-day City Transit strike. During last year s work stoppage, SEPTA did not operate transit services within the city limits of Philadelphia. Suburban Transit services operated, as well as Regional Rail. As a result, monthly transit ridership is reporting a 19% increase over last year, with Regional Rail reporting a modest decrease. Consolidated monthly ridership was 16.5% above last year and 1.9% below budget. November passenger revenue was 23% above last year and a 2% below budget. During the month, Philadelphia gas prices increased seven cents ending November at $2.74 per gallon compared to $2.33 per gallon last year. Gas prices have been above the $2.50 per gallon threshold since July 2017. The most recent area unemployment rates show the Philadelphia rate at 5.6%, the consolidated Suburban rate at 3.6%. The local and State unemployment rates fell by two to four tenths of a percent from the prior month, and are about one percentage point lower than one year ago. YEAR-TO-DATE RIDERSHIP 2018 2017 DIFF. % DIFF. 123.7 127.8-4.1-3.2% * Above ridership totals reflected in millions. As listed above, five months into fiscal year 2018 total trips are down 4.1 million or 3.2% from last year. The decrease is partly due to one less day in the 2018 fiscal calendar, and primarily due to increased competition from ridesharing, biking and low gas prices. Year-to-date City Transit ridership is down 4.4% with Regional Rail ridership slightly below last year. Suburban Transit is reporting a 4.9% increase in trips over last year. Total trips are 4.6% below budget. Year-to-date passenger revenue is 3.2% below budget and 5.6% above last year. November consolidated passenger revenue of 44.25 million was $984 thousand or 2.2% below budget and $8.38 million or 23.4% above last year. Monthly passenger revenue reported the City 0.6% and Regional Rail 7.5% below budget, with Suburban Transit 8.6% above budget. Year-to-date consolidated passenger revenue is 3.2% or $6.23 million below budget and 5.6% or $10.05 million above last year. Passenger revenue totals report the City 2.9% and Regional Rail 5.7% below budget, and Suburban Transit 7.8% above budget. November consolidated average daily linked ridership of 716,000 was 60,000 trips or 7.8% below last November when excluding the work stoppage days and 22,000 trips or 3.0% below target. In November, 20.1 million originating trips were recorded or 3.0% below budget and 8.1% above last year. The weekday ridership trend graph indicates lower ridership for Election Day, Veterans Day, Black Friday and one weekday impacted by rain. Year-to-date average daily linked ridership of 694,000 trips is 2.5% below budget and 9.3% below last year. City Transit s 521,000 daily riders: 3.2% below budget and 11.9% below last year Suburban Transit s 55,000 daily riders: 7.5% above budget and 2.5% below last year Regional Rail s 116,000 daily riders: 3.5% below budget and 0.8% above last year
SEPTA RIDERSHIP PERFORMANCE BY DIVISION FISCAL YEAR 2018 NOVEMBER 2017 VS. LAST YEAR FY 2018 YTD VS. LAST YEAR * City up 3.8 million or 19% * City down 4.5 million or -4.4% * Suburban up 344 thousand or 18% * Suburban up 452 thousand or 4.9% * Reg. Rail down 20 thousand or -1% * Reg. Rail down 8 thousand or -0.1% * Total up 4.1 million or 16% * Total down 4.1 million or -3.2% RIDERSHIP PERFORMANCE FY 2018 VS. FY 2017 PERCENT CHANGE 25% 20% 15% 10% -5% 0% 5% -10% -15% -20% JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN MONTH CITY SUBURBAN REGIONAL RAIL TOTAL FY 2018 JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN YTD CITY 16.130 20.483 19.607 19.722 23.646 99.588 SUBURBAN 1.724 2.074 1.831 1.840 2.289 9.758 REGIONAL RAIL 2.468 2.955 2.737 2.888 3.311 14.359 TOTAL 20.322 25.512 24.175 24.450 29.246 123.705 FY 2017 JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN YTD CITY 18.767 22.915 21.201 21.412 19.837 104.132 SUBURBAN 1.717 2.015 1.799 1.830 1.945 9.306 REGIONAL RAIL 2.533 2.999 2.664 2.840 3.331 14.367 TOTAL 23.017 27.929 25.664 26.082 25.113 127.805 FY 2018 VS. 2017 JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN YTD CITY -14% -11% -8% -8% 19% -4.4% SUBURBAN 0% 3% 2% 1% 18% 4.9% REGIONAL RAIL -3% -1% 3% 2% -1% -0.1% TOTAL -12% -9% -6% -6% 16% -3.2% Note: July 12% decrease result of one less day in fiscal month compared to last July. November 16% increase due to depressed ridership last November from a six-day City Transit strike. Above unlinked ridership totals are reflected in millions. * Indicates five-week month.
Weekday Ridership Trends August - November FY 2018 vs. 2017 (Unlinked) Ridership 700,000 650,000 600,000 550,000 500,000 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 Schools Closed 0 7/31 8/4 8/10 8/16 8/22 8/28 9/1 9/8 9/14 9/20 9/26 10/2 10/6 10/12 10/18 10/24 10/30 11/3 11/9 11/15 11/21 11/28 Columbus AUGUST SEPTEMBER OCTOBER NOVEMBER Election Veteran's Black Friday Surface FY 2018 Sub/El FY 2018 Regional Rail FY 2018 Surface FY 2017 Sub/El FY 2017 Regional Rail FY 2017 DEVIATIONS: Pre/Post Holiday Weather Related Transit Promotion Special Event Holiday Service Interruption Note: Excludes average weekday free interchange ridership of 62,000.
RIDERSHIP FARE MIX NOVEMBER FY 2018 YTD Transit Ridership Senior Citizen 10% Other 4% Cash/Quick Trip 14% Token/Travel Wallet 24% Student Pass 9% Pass 39% Railroad Ridership Senior Citizen 6% Other 3% Adult Cash 6% Ticket 20% Pass 65%
I. Consolidated Passenger Revenue ($000) REVENUE & PASSENGER ANALYSIS NOVEMBER 2017 Budget Actual % Budget Last Year % Last Yr Surface $15,221 $15,617 2.6% $11,750 32.9% Subway-Elevated 10,434 9,803-6.0% 7,215 35.9% Light Rail 2,538 2,613 3.0% 1,792 45.8% City Transit $28,193 $28,033-0.6% $20,757 35.1% Victory $2,147 $2,365 10.2% $2,123 11.4% Frontier 646 669 3.6% 559 19.7% Suburban Transit $2,793 $3,034 8.6% $2,682 13.1% Regional Rail $14,252 $13,187-7.5% $12,435 6.0% Total Passenger Revenue $45,238 $44,254-2.2% $35,874 23.4% II. Consolidated Monthly Passengers (000's linked) Surface 8,610 8,738 1.5% 7,732 13.0% Subway-Elevated 5,604 5,185-7.5% 4,771 8.7% Light Rail 1,407 1,111-21.0% 1,119-0.7% ADA ParaTransit 68 65-4.4% 65 0.0% Shared Ride Program 64 60-6.3% 64-6.3% City Transit 15,753 15,159-3.8% 13,751 10.2% Victory 1,117 1,266 13.3% 1,189 6.5% Frontier 340 348 2.4% 301 15.6% ADA ParaTransit 32 30-6.3% 33-9.1% Suburban Transit 1,489 1,644 10.4% 1,523 7.9% Regional Rail 3,493 3,311-5.2% 3,331-0.6% TOTAL 20,735 20,114-3.0% 18,605 8.1% III. Consolidated Monthly Passengers (000's unlinked) City Transit 24,324 23,646-2.8% 19,837 19.2% Suburban Transit 1,996 2,289 14.7% 1,945 17.7% Regional Rail 3,493 3,311-5.2% 3,331-0.6% TOTAL 29,813 29,246-1.9% 25,113 16.5% IV. Key Statistics per Equivalent Day Average Daily Passengers (000's, linked): City Transit 558 537-3.8% 600-10.6% Suburban Transit 52 58 10.4% 54 7.9% Regional Rail 128 122-5.2% 122-0.6% TOTAL 738 716-3.0% 776-7.8%
I. Consolidated Passenger Revenue ($000) REVENUE & PASSENGER ANALYSIS NOVEMBER FYTD 2018 Budget Actual % Budget Last Year % Last Yr Surface $65,516 $65,082-0.7% $61,994 5.0% Subway-Elevated $44,871 $41,712-7.0% $40,345 3.4% Light Rail $10,913 $10,958 0.4% $9,338 17.3% City Transit $121,300 $117,752-2.9% $111,677 5.4% Victory $9,437 $10,464 10.9% $9,843 6.3% Frontier $2,806 $2,738-2.4% $2,901-5.6% Suburban Transit $12,243 $13,202 7.8% $12,744 3.6% Regional Rail $63,758 $60,114-5.7% $56,599 6.2% Total Passenger Revenue $197,301 $191,068-3.2% $181,020 5.6% II. Consolidated Monthly Passengers (000's linked) Surface 37,328 38,304 2.6% 41,314-7.3% Subway-Elevated 24,569 22,174-9.7% 25,026-11.4% Light Rail 6,115 5,366-12.2% 5,871-8.6% ADA ParaTransit 314 288-8.3% 295-2.4% Shared Ride Program 283 273-3.5% 293-6.8% City Transit 68,609 66,405-3.2% 72,799-8.8% Victory 4,935 5,519 11.8% 5,594-1.3% Frontier 1,488 1,406-5.5% 1,555-9.6% ADA ParaTransit 140 132-5.7% 148-10.8% Suburban Transit 6,563 7,057 7.5% 7,297-3.3% Regional Rail 14,875 14,359-3.5% 14,367-0.1% TOTAL 90,047 87,821-2.5% 94,463-7.0% III. Consolidated Monthly Passengers (000's unlinked) City Transit 105,974 99,588-6.0% 104,132-4.4% Suburban Transit 8,796 9,758 10.9% 9,306 4.9% Regional Rail 14,875 14,359-3.5% 14,367-0.1% TOTAL 129,645 123,705-4.6% 127,805-3.2% IV. Key Statistics per Equivalent Day Average Daily Passengers (000's, linked): City Transit 538 521-3.2% 591-11.9% Suburban Transit 51 55 7.5% 57-2.5% Regional Rail 122 118-3.5% 117 0.8% TOTAL 711 694-2.5% 765-9.3%
Southeastern Pennsylvania Transportation Authority Consolidated Statement of Revenue and Passengers for the Budget Month Ended November 2017 Current month Passenger Revenue Year to Date This Year Last Year (000 omitted) This Year Last Year Budget Actual Var. Var. % Actual Var. % Budget Actual Var. Var. % Actual Var. % $ 8,706 $ 8,992 $ 286 3.3% $ 6,477 38.8% Adult Cash $ 39,349 $ 35,436 $ (3,913) -9.9% $ 33,866 4.6% $ 21,077 $ 18,859 $ (2,218) -10.5% $ 16,970 11.1% Passes $ 95,184 $ 91,183 $ (4,001) -4.2% $ 88,519 3.0% $ 10,871 $ 11,106 $ 235 2.2% $ 8,503 30.6% Tickets/Tokens $ 49,160 $ 49,130 $ (30) -0.1% $ 45,483 8.0% $ 40,654 $ 38,957 $ (1,697) -4.2% $ 31,950 21.9% Full Fare Adults $ 183,693 $ 175,749 $ (7,944) -4.3% $ 167,868 4.7% $ 4,205 $ 4,993 $ 788 18.7% $ 3,660 36.4% Other Fares $ 11,898 $ 14,011 $ 2,113 17.8% $ 11,690 19.9% $ 379 $ 304 $ (75) -19.8% $ 264 15.2% Half Fare $ 1,710 $ 1,308 $ (402) -23.5% $ 1,462-10.5% $ 45,238 $ 44,254 $ (984) -2.2% $ 35,874 23.4% Total Passenger Revenue $ 197,301 $ 191,068 $ (6,233) -3.2% $ 181,020 5.6% Passengers (000 omitted) 2,635 2,283-352 -13.4% 2,027 12.6% Adult Cash 11,934 10,887 (1,047) -8.8% 11,026-1.3% 9,095 8,205-890 -9.8% 8,947-8.3% Passes 39,871 37,953 (1,918) -4.8% 45,931-17.4% 4,296 4,479 183 4.3% 3,535 26.7% Tickets/Tokens 20,580 20,225 (355) -1.7% 19,917 1.6% 16,026 14,967-1,059-6.6% 14,509 3.2% Full Fare Adults 72,385 69,065 (3,320) -4.6% 76,874-10.2% 2,100 2,474 374 17.8% 1,913 29.3% School 5,808 6,839 1,031 17.8% 6,074 12.6% 277 218-59 -21.3% 233-6.4% Disabled 1,247 1,009 (238) -19.1% 1,323-23.7% 1,770 1,908 138 7.8% 1,498 27.4% Senior 8,082 8,428 346 4.3% 7,956 5.9% 398 392-6 -1.5% 289 35.6% Other 1,802 1,786 (16) -0.9% 1,499 19.1% 100 95-5 -5.0% 99-4.0% Paratransit 440 421 (19) -4.3% 444-5.2% 64 60-4 -6.3% 64-6.3% Shared ride 283 273 (10) -3.5% 293-6.8% 20,735 20,114-621 -3.0% 18,605 8.1% Total Linked Passengers 90,047 87,821-2,226-2.5% 94,463-7.0%
Southeastern Pennsylvania Transportation Authority All Transit Divisions Statement of Revenue and Passengers for the Budget Month Ended November 2017 Current month Passenger Revenue Year to Date This Year Last Year (000 omitted) This Year Last Year Budget Actual Var. Var. % Actual Var. % Budget Actual Var. Var. % Actual Var. % $ 6,998 $ 7,603 $ 605 8.6% $ 4,962 53.2% Adult Cash $ 31,684 $ 29,461 $ (2,223) -7.0% $ 27,400 7.5% $ 12,255 $ 11,316 $ (939) -7.7% $ 9,667 17.1% Passes $ 55,593 $ 55,243 $ (350) -0.6% $ 54,030 2.2% $ 7,479 $ 7,214 $ (265) -3.5% $ 5,211 38.4% Tokens/ Travel wallet $ 33,939 $ 32,268 $ (1,671) -4.9% $ 30,954 4.2% $ 26,732 $ 26,133 $ (599) -2.2% $ 19,840 31.7% Full Fare Adults $ 121,216 $ 116,972 $ (4,244) -3.5% $ 112,384 4.1% $ 3,931 $ 4,684 $ 753 19.2% $ 3,383 38.5% School $ 10,870 $ 12,913 $ 2,043 18.8% $ 10,786 19.7% $ 323 $ 250 $ (73) -22.6% $ 216 15.7% Disabled $ 1,457 $ 1,069 $ (388) -26.6% $ 1,251-14.5% $ 30,986 $ 31,067 $ 81 0.3% $ 23,439 32.5% Total Passenger Revenue $ 133,543 $ 130,954 $ (2,589) -1.9% $ 124,421 5.3% Passengers (000 omitted) 2,403 2,088 (315) -13.1% 1,816 15.0% Adult Cash 10,893 10,041 (852) -7.8% 10,138-1.0% 6,679 6,049 (630) -9.4% 6,758-10.5% Passes 29,744 28,532 (1,212) -4.1% 36,314-21.4% 3,741 3,837 96 2.6% 2,895 32.5% Tokens/ Travel wallet 18,088 17,398 (690) -3.8% 17,197 1.2% 12,823 11,974 (849) -6.6% 11,469 4.4% Full Fare Adults 58,725 55,971 (2,754) -4.7% 63,649-12.1% 2,060 2,431 371 18.0% 1,872 29.9% School 5,698 6,724 1,026 18.0% 5,968 12.7% 259 200 (59) -22.8% 216-7.4% Disabled 1,166 930 (236) -20.2% 1,250-25.6% 1,594 1,701 107 6.7% 1,317 29.2% Senior 7,292 7,575 283 3.9% 7,219 4.9% 342 342-0.0% 237 44.3% Other 1,568 1,568-0.0% 1,274 23.1% 100 95 (5) -5.0% 99-4.0% Paratransit 440 421 (19) -4.3% 444-5.2% 64 60 (4) -6.3% 64-6.3% Shared ride 283 273 (10) -3.5% 293-6.8% 17,242 16,803 (439) -2.5% 15,274 10.0% Total Linked Passengers 75,172 73,462 (1,710) -2.3% 80,097-8.3%
Southeastern Pennsylvania Transportation Authority Regional Rail Division Statement of Revenue and Passengers for the Budget Month Ended November 2017 Current month Passenger Revenue Year to Date This Year Last Year (000 omitted) This Year Last Year Budget Actual Var. Var. % Actual Var. % Budget Actual Var. Var. % Actual Var. % $ 1,708 $ 1,389 $ (319) -18.7% $ 1,515-8.3% Adult Cash $ 7,665 $ 5,975 $ (1,690) -22.0% $ 6,466-7.6% $ 8,822 $ 7,543 $ (1,279) -14.5% $ 7,303 3.3% Passes $ 39,591 $ 35,940 $ (3,651) -9.2% $ 34,489 4.2% $ 3,392 $ 3,892 $ 500 14.7% $ 3,292 18.2% Tickets/Vouchers $ 15,221 $ 16,862 $ 1,641 10.8% $ 14,529 16.1% $ 13,922 $ 12,824 $ (1,098) -7.9% $ 12,110 5.9% Full Fare Adults $ 62,477 $ 58,777 $ (3,700) -5.9% $ 55,484 5.9% $ 274 $ 309 $ 35 12.8% $ 277 11.6% School Fares/Seniors $ 1,028 $ 1,098 $ 70 6.8% $ 904 21.5% $ 56 $ 54 $ (2) -3.6% $ 48 12.5% Half Fare $ 253 $ 239 $ (14) -5.5% $ 211 13.3% $ 14,252 $ 13,187 $ (1,065) -7.5% $ 12,435 6.0% Total Passenger Revenue $ 63,758 $ 60,114 $ (3,644) -5.7% $ 56,599 6.2% Passengers (000 omitted) 232 195 (37) -15.9% 211-7.6% Adult Cash 1,041 846 (195) -18.7% 888-4.7% 2,416 2,156 (260) -10.8% 2,189-1.5% Passes 10,127 9,421 (706) -7.0% 9,617-2.0% 555 642 87 15.7% 640 0.3% Tickets/Vouchers 2,492 2,827 335 13.4% 2,720 3.9% 3,203 2,993 (210) -6.6% 3,040-1.5% Full Fare Adults 13,660 13,094 (566) -4.1% 13,225-1.0% 40 43 3 7.5% 41 4.9% School 110 115 5 4.5% 106 8.5% 18 18-0.0% 17 5.9% Disabled 81 79 (2) -2.5% 73 8.2% 176 207 31 17.6% 181 14.4% Senior 790 853 63 8.0% 737 15.7% 56 50 (6) -10.7% 52-3.8% Other 234 218 (16) -6.8% 225-3.1% 3,493 3,311 (182) -5.2% 3,331-0.6% Total Linked Passengers 14,875 14,359 (516) -3.5% 14,366 0.0%
Ridership Percentage By Time Period November FY 2018. 30% 28% 25% 23% 24% 25% 20% 18% Ridership % 15% 15% 13% 16% 10% 11% 10% 5% 4% 3% 5% 6% 0% 00:00-05:59 06:00-08:59 09:00-11:59 12:00-14:59 15:00-17:59 18:00-20:59 21:00-23:59 A.M. PEAK Time Period P.M. PEAK Surface Transit High Speed (Sub-El) Note: Excludes Free Interchange Ridership
SENIOR CITIZEN RIDERSHIP NOVEMBER FY 2018 Vs. FY 2017 (Unlinked) 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 SENIOR CITIZEN AVERAGE DAILY RIDERSHIP By Surface District, Sub/El Line & RRD ALG CAL COM ELM FKD MID SOU VIC MSH NOR FRT MKT BRD RRD NOV FY'18 NOV FY'17 MODE CITY TRANSIT AVERAGE DAILY MONTH YEAR TO DATE FY'18 FY'17 % VAR FY'18 FY'17 % VAR FY'18 FY'17 % VAR Surface 60,819 44,927 35% 1,767,377 1,331,366 33% 7,978,731 7,520,611 6% Hi-Speed 13,296 10,766 23% 375,600 304,132 23% 1,585,235 1,557,710 2% SUBURBAN TRANSIT REGIONAL RAIL 5,860 5,198 13% 171,554 155,468 10% 766,308 762,418 1% 7,593 6,656 14% 206,531 181,047 14% 852,341 737,054 16% TOTAL 87,567 67,547 30% 2,521,062 1,972,013 28% 11,182,615 10,577,793 6%
SEPTA RIDERSHIP UPDATE NOVEMBER 2017 VS. VS. BUDGET LAST YEAR NOV 2017: - 1.9% 16.5% NOV YTD: - 4.6% - 3.2% 400 RIDERSHIP AVERAGE: 329.3 MILLION 350 334.0 339.3 337.3 330.2 330.1 326.1 BUDGET 300 H I G H E R R D 308.3 309.9 Ridership in Millions 250 200 S T T O T A L A L L - T I M E 150 I N R E C 2 3 O R 100 Y D 50 E A R S 3 7. 7 2 0 1 7 2 0 1 8 M 0 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY18: JULY 2017 - JUNE 2018