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Performance(s)

Solid progress

2024 was marked by a significant recovery in RATP Group’s results, reflecting the dynamic nature of the business, along with improved operational performance and service quality both in France and abroad.

Financial Indicators

€7.14 billion

Consolidated revenue

27.4%

Share of subsidiaries in consolidated revenue

€167 million

Consolidated recurring EBIT

€403 million

EBIT (Earnings before interest and taxes)

€204 million

Net profit attributable to the Group

Jean-Yves Leclercq

Director of Strategy, Finance, and Sustainable Performance, RATP Group

“2024 was marked by a significant recovery in RATP Group’s results, reflecting the dynamic nature of the business, which grew by 10%, along with improved operational performance and service quality both in France and abroad. We are indeed seeing the first results of efforts made to restore transport services, reduce absenteeism, lower production costs and address economic imbalances in certain contracts—efforts we will continue to pursue purposefully in 2025.

The Group’s net income also benefits from two exceptional strategic operations within our subsidiaries aimed at supporting their development.

The Group can rely on a solid financial structure: it achieved a historically high level of investments in 2024, at €2.7 billion, while keeping its debt under control, which stands at €5.7 billion, and improving its financial ratios.”

2024 was marked by:

The launch of three major line extensions (metro lines 11 and 14, and tram line T3b) on schedule in the spring
A significant recovery in production and service quality in the Île-de-France region, along with the successful mobilisation of the Group for the Paris 2024 Games
Key milestones achieved in the recovery of its subsidiaries' performance, including the sale of RATP Dev's London operations (end of February 2025), an agreement reached with the Tuscany region on rebalancing the bus operations contract, the commercial launch of the Riyadh metro, notable commercial successes (Lyon, Île-de-France, Singapore, and others), as well as a strong growth momentum both in France and abroad
Two strategic operations aimed at strengthening our subsidiaries and supporting their development (opening of Systra's capital, contribution of assets to RATP Habitat), significantly impacting our results

The Group's results show a clear upward trend, driven by a strong growth of its activities (+10%) and improvements in operational performance at RATP EPIC and RATP Dev. EBIT increased by €73 million, reaching €167 million. Net profit attributable to the Group rose sharply (+€314 million, reaching €204 million), boosted by exceptional capital gains from the Systra (€77 million) and RATP Habitat (€229 million) operations.

Despite historically high investments at €2.7 billion, an increase of 5% compared to 2023, the evolution of debt remains under control, at €5.7 billion, allowing for an improvement in solvency ratios: gearing (net debt/equity) decreased to 1.05x from 1.09x at the end of 2023, and the leverage ratio (net debt/EBITDA) dropped to 7.5x from 8.5x at the end of 2023.

Investments

€2.664 billion

invested by RATP Group in France and abroad

€2.503 billion

invested in the Île-de-France region (including €510 million on behalf of the Société des Grands Projets), including :

€1.449 billion

for network upgrading and infrastructure maintenance

€389 million

for the extension of metro and tram lines

€155 million

for passenger comfort through the upgrades of stations and terminals, passenger information and improved accessibility

Traffic

4.1 billion

trips provided by the Group worldwide in 2024

In the Île-de-France region

In 2024, RATP EPIC provided 3.108 billion trips (Mv), a 4.3% increase compared to 2023. This result reflects the continued recovery of ridership, which nonetheless remains 10% below its pre-Covid 19 benchmark level (1). Driven by the launch of three extensions to metro and tram lines, and the hosting of the Olympic and Paralympic Games Paris 2024, this growth gradually slowed down in the last quarter, reflecting the persistent effects of changes in mobility habits due to remote work, and the use of sustainable transport modes.

Metro ridership grew by 4.8%, reaching 1.479 billion trips, which is 7% below the 2019 benchmark. The opening of the extensions to metro lines 11 and 14, along with strong tourism until the end of the year, contributed to this growth. RER ridership reached 508 million trips, a 4.1% increase compared to 2023. The gap compared to the benchmark narrowed to -2%, mainly on RER line A, boosted by stronger weekend ridership. Bus ridershiprose by 3.8% to 798 million trips, but the gap with the reference level remains significant at -22%, mainly due to road traffic issues in Paris stemming from the Paris 2024 Games, the development of rail services, and increased congestion due to new roadworks, notably in the suburbs. Tram ridershipgrew by 3.2%, reaching 321 million trips, with a -4% gap compared to the 2019 benchmark, reflecting the strong dynamics of this mode on most lines, especially the extended tram lines T2 and T3b.

[1] : Ridership benchmark: 2019 ridership, excluding December, which was impacted by strikes, and has been replaced by December 2018 ridership.