1、2019AnnualReportKANSAS CITY SOUTHERN2 0 1 9 F I N A N C I A L H I G H L I G H T SKansas City Southernis a transportation holding company with two primary subsidiaries.TheKansas City Southern Railway Company is one of seven Class I railroads operating in the UnitedStates.Kansas City Southern de Mxico
2、,S.A.de C.V.is one of two large regional railroads in Mexico.KCS also owns 50%of the Panama Canal Railway Company in Panama.The combined North American rail network comprises approximately 6,700 route miles that link commercial andindustrial markets in the United States and Mexico.2019 201820172016O
3、PERATIONSRevenues$2,866.0$2,714.0$2,582.9$2,334.2Operating income886.3 986.3921.6818.5Net income attributable to Kansas City Southernand subsidiaries538.9 627.4962.0478.1PER COMMON SHAREEarnings per diluted share$5.40$6.13$9.16$4.43CLOSING STOCK PRICE RANGESCommon-High$155.10$119.88$113.44$99.47Comm
4、on-Low92.8790.8480.8264.354%Non-Cumulative Preferred-High32.1433.0729.5028.994%Non-Cumulative Preferred-Low24.1124.5026.7525.40FINANCIAL CONDITIONTotal assets$9,786.8$9,469.8$9,198.7$8,817.5Total debt,including short-term borrowings3,246.02,689.42,619.42,478.2Total stockholders equity4,422.54,813.04
5、,548.94,089.9 Total equity4,745.95,132.74,865.4 4,404.5 COMMON STOCKHOLDER INFORMATION AT YEAR ENDStockholders of record1,9522,0632,1412,233Shares outstanding(in thousands)96,116 100,897103,037 106,607Average diluted shares outstanding(in thousands)99,747102,270105,040107,761 2019 was a pivotal year
6、 for Kansas City Southern(KCS or theCompany).Operationally,the Company performed at or near record levels,which yielded exceptional financial results:Revenue was$2.9 billion,up 6%from 2018 Adjusted operating income*was$1.1 billion,a 9%increase over the prior year Adjusted diluted earnings per share*