Despite the lower volume projections, UNP still expects to meet its goal of a sub-61% operating ratio
for 2019 because of cost-cutting measures that resulted from implementing precision scheduled railroading, an operating model that seeks to streamline operations and train schedules.
The insurer's Motor business saw profit of GBP153.8 million, down 36% year on year, and a combined operating ratio
of 95.1% compared to 86.5% the year before.
As a result, our operating ratio
improved from 85.1% during the first quarter of 2019 to 79.6% during the second quarter of 2019, and even after removing the impact of gains we were below our long-term internal benchmark of 85.0% operating ratio
In the financial year 2017-18, the Indian Railways reported its worst ever operating ratio
of 98.4, the highest ever since the year 2000-01 when it was 98.3.
Truckload carrier company US Xpress Enterprises Inc (NYSE:USX) said on Thursday that it now expects an adjusted operating ratio
of approximately 97.5% for the second quarter of 2019.
"Our response, as usual, was to focus on achieving our target loss ratios and continuing to improve pricing effectiveness," Shares closed down 1.7 per cent yesterday to 312p, as the company said it was still on track to meet its combined operating ratio
target in the range of between 93 and 95 per cent, normalised for weather, for the full financial year.
Overall for the year, the business's combined operating ratio
dropped from 93 percent in 2017 to 104 percent.
Direct Line reported a combined operating ratio
- a measure of underwriting profitability - of 91.7%.
The rating upgrades reflect the sustained improvement in the group's operating performance, evidence by its five-year average combined ratio, operating ratio
and total return on equity, which compare favorably with the composite averages.
Cash-to-debt at 35% at fiscal year-end 2018 is more in-line with below investment-grade peers, as are EMH OG's operating ratio
and net operating margin (NOM).
The first dependent variable, nursing homes' fiscal stress, is operationalized by the operating ratio
. This measure is commonly used in the research literature and monitors whether income derived from the organization's core business operations is sufficient to cover its expenses.