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Railroad Cost of Capital-2025

The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2025. The decision solicits comments on the following issues: the railroads' 2025 current cost of debt capital, the railroads' 2025 current cost of preferred equity capital (if any), the railroads' 2025 cost of common equity

AgencySurface Transportation Board
Document typeNotice
Published2026-03-20
SummaryThe Board is instituting a proceeding to determine the railroad industry's cost of capital for 2025. The decision solicits comments on the following issues: the railroads' 2025 current cost of debt capital, the railroads' 2025 current cost of preferred equity capital (if any), the railroads' 2025 cost of common equity capital, and the 2025 capital structure mix of the railroad industry on a market value basis.
Document number2026-05455
Official recordhttps://www.federalregister.gov/documents/2026/03/20/2026-05455/railroad-cost-of-capital-2025

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