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MTA Bus Company

New York, NY · NTD ID 20188 · 2024 report year

Annual trips127 million #9 in the US
Operating expense$974 million 2024, as reported
Cost per rider$7.69 all modes combined
Farebox recovery18.9% fares ÷ operating cost

MTA Bus Company carries 127 million passenger trips a year on bus service — making it the 9th-busiest transit operator in the United States. It is based in New York, NY.

It spends $974 million a year running that service, or $7.69 per trip. Its bus service, the largest of its modes, costs $7.69 per rider — 45% below the $13.86 median for the 1,162 US agencies reporting bus.

Over the 10 years reported, ridership remains 6% below its 2019 level, the last full year before the pandemic, and up 6% on 2023. Fares cover 19% of operating cost.

Service by mode, 2024

ModeAnnual tripsOperating expense Cost per ridervs national median FareboxVehicles
Bus#5 of 1,162 nationally 126,616,665 $974 million $7.69 -45% 19% 1,136

Ridership, 2015–2024

138 million 72.6 million 2024 2015
YearAnnual trips Operating expense (2024 $)Cost per rider (2024 $)
2024 126,616,665 $974 million $7.69
2023 119,571,794 $939 million $7.85
2022 100,411,771 $849 million $8.46
2021 82,347,804 $882 million $10.72
2020 72,562,171 $863 million $11.89
2019 135,080,070 $1.05 billion $7.76
2018 137,618,503 $920 million $6.69
2017 122,214,328 $1.04 billion $8.51
2016 125,617,038 $900 million $7.16
2015 125,399,521 $850 million $6.78

Where MTA Bus Company ranks

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Source & method. Figures are from the Federal Transit Administration's National Transit Database (NTD) annual reporting for 2024, the most recent published report year. Cost per rider is operating expense divided by unlinked passenger trips. Farebox recovery is fare revenue divided by operating expense. Ten-year trends are adjusted for inflation to 2024 dollars; single-year figures are as reported. Agencies self-report to the NTD, and reporting practice varies, so figures are best read as comparable in magnitude rather than to the cent.