U.S. transportation infrastructure enterprise ratings rebounded in fiscal 2022

S&P Global Ratings said today that U.S. transportation infrastructure enterprise financial medians rebounded to pre-pandemic levels in fiscal 2022 driven by a recovery in activity and various management actions, according to the report "U.S. Not-For-Profit Transportation Infrastructure 2022 Medians: Demand Recovery And Management Actions Powered A Financial Rebound," published today on RatingsDirect.

"We note that approximately 20% of ratings are above their pre-pandemic levels," said S&P Global Ratings credit analyst Kayla Smith. "As a result of these positive rating actions, the U.S. transportation infrastructure sector median rating has improved to 'A+' from 'A' since Jan. 1, 2020."

This report does not constitute a rating action.

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