Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Post by wanttoknowwhyon Mar 10, 2024 12:03pm
269 Views
Post# 35925195

most profitable toll roads in the world

most profitable toll roads in the world

15 Most Profitable Toll Roads In The World

Our Methodology 

We ranked the most profitable toll roads in the world according to their 2018 annual revenue in ascending order. The primary data sources for this study are IBTTA (International Bridge, Tunnel and Turnpike Association), ASECAP, S&P Global, New York City Council Financial Division, and The News Daily, among others. Based on our research, we've discovered that 14 out of the 15 most profitable toll roads are all in the US.

Based on our finding of major tolls' annual revenue, here are the most profitable toll roads in the world:

15. Oklahoma Turnpike, US

Annual Revenue: $317 million

The Oklahoma Turnpike system of toll roads spans approximately 605 miles throughout the Oklahoma state. Its extensive network connects urban centers and bolsters regional accessibility. Based on financial reports and calculated usage, the Turnpike's annual toll revenue is around $317 million, which reflects the high volume of vehicular traffic it accommodates.

14. Delaware River–Turnpike Toll Bridge, US

Annual Revenue $335 million 

The Delaware River - Turnpike Toll Bridge contributes substantially to the regional economy, as it generates an estimated annual toll revenue of $335 million. This bridge covers an area of 6,751 feet and links Bristol, Pennsylvania, and Burlington Township, New Jersey. The heavily tolled bridge facilitates extensive vehicular traffic on the I-276 as its strategic location enhances inter-state commerce.

13. Central Florida Expressway, US

Annual Revenue: $442 million 

The Central Florida Expressway Authority (CFX) oversees 125 miles of tolled expressways, integral to the region's transportation infrastructure. These roadways crisscross the four counties of Orange, Lake, Seminole, and Osceola. As a result, CFX smartly manages traffic demand and provides funding for roadway enhancements. Central Florida Expressway earns a substantial annual toll revenue of $442 million. 

12. Express Toll Lanes (I-95), US

Annual Revenue: $724 million

The I-95 Express Toll Lanes in Northern Virginia make an approximate revenue of $724 million, drawn from high traffic volume. When combined with dynamic pricing strategies that adjust tolls based on real-time traffic conditions to maintain free-flowing travel, I-95 proves to be one of the most profitable toll roads in the world. 

11. Bay Area Bridge Tolls, US

Annual Revenue: $727 million 

The San Francisco Bay Area bridges, a network including seven state-owned toll bridges, collectively generate $727 million in annual revenue. The toll road's revenue represents a crucial funding source for the region's infrastructure, as it also includes the iconic Golden Gate Bridge. The income eventually funds maintenance and supports critical seismic retrofit projects.

10. New York State Thruway, US

Annual Revenue: $736 million

The New York State Thruway is the 496-mile artery that runs across the Empire State and generates $736 million in annual toll revenues. Examining the financial health, we note that Thruway's FY2021 operating revenues surpass those of FY2019, which demonstrates the steady demand for its use and the impact of astute rate increases. 

9. Hardy Toll Road, US

Annual Revenue: $740 million 

The Hardy Toll Road is a 21.6-mile highway traversing from Interstate 45 (just below the Harris County line) to Interstate 610 in central Houston. Despite its relatively short length, the toll road makes $740 million in toll revenue per year, which makes it one of the most expensive highways.  

8. Melbourne's CityLink Tollway, Australia

Annual Revenue: $780 million

Melbourne's CityLink tollway is an expansive network of toll roads that interconnects the Tullamarine, West Gate, and Monash Freeways. The toll road is 22 kilometers long and generates an estimated annual toll revenue of $780 million. Such a considerable revenue stream shows the operational sustainability of the tollway system and the country's busy commuter roads. Also, Sydney is now said to be one of the most tolled jurisdictions in the world.

7. Dallas North Tollway, US

Annual Revenue: $841 million 

The Dallas North Tollway (DNT) is a 30.2 miles long road system running from Interstate 35E near downtown Dallas to U.S. Highway 380 in Frisco, Texas. The toll road's annual revenue is $841 million, and its strategic placement in a rapidly expanding urban corridor of North Texas has made it one of the most expensive highways. 

6. Florida's Turnpike, US

Annual Revenue: $1 billion

Florida's Turnpike starts from north Miami and ends in Wildwood. Annually, this 312-mile-long toll road makes $1 billion in toll revenues. According to IBTTA, the Turnpike experienced a 13.7% rise in operating revenues in Fiscal Year (FY) 2022 compared to FY 2021. Interestingly, this growth also represents a 4.8% increase when contrasted with FY 2019 and subtly indicates a progressive recovery and stronger performance, surpassing pre-pandemic levels. 

https://finance.yahoo.com/news/15-most-profitable-toll-roads-171955557.html
- QTRH's ETC is an integral part of these systems now as I understand..(EPIOP-USIOP-SEIOP)

<< Previous
Bullboard Posts
Next >>