SNCF

Name

SNCF

Legal name

Groupe SNCF

Website

https://sncf.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Rail Transport Services

NAICS

Rail Transportation (48211), Freight Transportation Arrangement (488510)

SIC

Railroads, Line-Haul Operating (4011), Arrangement Of Transportation Of Freight & Cargo (4731), Railroad Switching & Terminal Establishments (4013)

akta.pro primary industry

Cross-Border/International Passenger Rail Operators (TLAFADAE)

Keywords

• Passenger rail services
• High-speed trains
• Freight logistics
• Station management
• Public transport

Headquarters

HQ city

Saint-denis

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Passenger Rail Services: SNCF generates primary revenue from passenger rail services including TGV INOUI (premium high-speed), Ouigo (low-cost high-speed), and TER regional services. Revenue from ticket sales across domestic and international routes represents the core business. The company reported €43 billion in revenue in 2025.
2. Rail Freight Operations: Rail Logistics Europe operates freight services under brands including Hexafret, Captrain, Forwardis, and Captrain IT. The unit employs about 9,500 people and operates across 10 countries, with potential stake sale valued at up to €800 million.
3. Logistics and Supply Chain (Geodis): Geodis, the logistics subsidiary, provides freight forwarding, supply chain optimization, and contract logistics services globally. The company recently completed acquisition of Malherbe and is pursuing acquisition of Deret group to expand market position in France.
4. Real Estate and Station Management: ICF Habitat La Sablière, an SNCF subsidiary, develops housing projects including social housing and inclusive housing for seniors, with investments of €12.8 million in new residences at Deuil-la-Barre.
5. Renewable Energy (SNCF Énergie): SNCF Énergie procures renewable energy through Corporate Power Purchase Agreements (CPPAs) with providers including BayWa r.e. and Octopus Energy Generation for French rail operations.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

SNCF operates France's national railway network providing passenger rail services (TGV INOUI premium high-speed, Ouigo low-cost high-speed, TER regional express, Eurostar international), freight logistics through Rail Logistics Europe and Geodis, station management via Gares & Connexions, and international public transport operations through Keolis across 120 countries. The company generates €43 billion in revenue from ticketing, freight forwarding, contract logistics, and station commercial activities.

Product overview

SNCF operates as a diversified rail and logistics group with multiple subsidiaries serving passenger transport, freight logistics, and station management. Passenger rail services include TGV INOUI (premium high-speed), Ouigo (low-cost high-speed), and TER (regional express). International operations include Eurostar (Channel Tunnel) and planned expansion to Italy. Freight and logistics are handled through Rail Logistics Europe (with brands Forwardis, Captrain, Hexafret), Geodis (global logistics), and Keolis (international transport operations including buses and metros). Station management via Gares & Connexions incorporates digital twin technology for operational optimization. Innovation initiatives include solar track technology with Sun-Ways and AI-powered station management platforms.

Differentiator

Problem solved

Functional benefit

Brands

• TGV INOUI: Premium high-speed rail service on major French routes
• Ouigo
• Eurostar
• Sun-Ways Partnership
• SNCF Gares&Connexions

Products and services

• TGV INOUI SNCF's flagship premium high-speed rail service connecting major French cities and international destinations with premium onboard amenities and services.
• Ouigo SNCF's low-cost high-speed train service offering budget-friendly travel on TGV routes across France with tickets starting from €19. Expanded to new destinations in 2026.
• TER (Transport Express Régional) Regional express trains operated by SNCF connecting towns and cities within French regions, serving as essential local public transport.
• Eurostar High-speed rail service linking London, Paris, Brussels, Amsterdam and other European cities via the Channel Tunnel, in which SNCF holds ownership stake.
• Geodis Logistics Services Global logistics provider owned by SNCF offering freight forwarding, supply chain optimization, and contract logistics services worldwide. Recently completed acquisition of Malherbe and pursuing Deret group acquisition.
• Keolis Public Transport SNCF-owned (jointly controlled) public transport operator running buses, metros, trams, and rail services in France and internationally, operating in 120 countries.
• Rail Logistics Europe Freight Services SNCF's rail freight holding company employing about 9,500 people across 10 countries and operating brands including Hexafret, Captrain, and Forwardis.
• Forwardis Rail Freight Solutions International rail freight solutions brand under Rail Logistics Europe, specializing in cross-border transport solutions. Won major contract with Scandfibre Logistics for ~12,000 wagons/year between Sweden and continental Europe.
• Captrain Rail Logistics Rail freight brand under Rail Logistics Europe offering rail logistics solutions across Europe.
• Hexafret Rail Freight French rail freight brand under Rail Logistics Europe operating in the domestic and international freight market.
• Train des Neiges (Ski Train Services) Specialized TGV service for injured skiers during February-March holidays, featuring first-class carriages with extra space, boarding assistance, direct routes, and onboard nurses. Partnership with Europ Assistance and Mondial Assistance.
• Optimum Plus Business Class Business class ticket product on Paris-Lyon line with exclusive perks including wider seats and lounge access targeting business travelers.

Quantifiable outcome

• €43 billion in revenue (2025)
• +8 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability9 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered minor, major and core.

• European SleeperminorStrategic or Co-development Partner · 27 March 2026European Sleeper, a Dutch-Belgian cooperative, restarted Paris-Berlin night train service in March 2026, filling the gap left when SNCF discontinued its NightJet services. The community-funded operator takes a different route via Brussels with unsubsidized service.
• NVIDIAmajorTechnology or Integration · 25 March 2026NVIDIA technologies (Omniverse and Metropolis) integrated into Akila's digital twin platform for SNCF Gares&Connexions station operations optimization, enabling real-time simulation and monitoring.
• AkilamajorTechnology or Integration · 2 February 2026Akila, a digital twin and AI platform company, enables SNCF Gares&Connexions to optimize train station operations using real-time digital twin simulations integrated with NVIDIA Omniverse and Metropolis technologies. Implementation aggregates thousands of live camera feeds, sensor data, and building management systems for centralized monitoring.
• TelestemajorTechnology or Integration · 29 January 2026Finnish technology company Teleste selected as supplier for four-year renovation program to upgrade passenger information displays across France's railway network. Teleste will deliver new generation outdoor TFT LCD information displays integrated with SNCF's existing systems for real-time travel information.
• Trainline Partner Solutions and Swile TravelmajorChannel Partner/ Reseller/ Distributor · 1 January 2026Strategic partnership expansion with Trainline Partner Solutions and Swile Travel to include additional rail carriers in Italy and Spain, facilitating corporate rail travel across Europe with integrated booking systems.
• Emirates SkywardsminorChannel Partner/ Reseller/ Distributor · 1 January 2026Emirates Skywards loyalty program launched Skywards Rail service allowing members to redeem miles for train journeys across Europe, covering over 12,000 destinations in 12 countries through operators including Eurostar, Deutsche Bahn, and SNCF.
• Sun-WayscoreStrategic or Co-development Partner · 1 January 2025SNCF partnered with Swiss startup Sun-Ways to test the world's first removable solar power plant installed on active railway tracks. The pilot project uses 48 solar panels (380W each) across 100 meters of track in Switzerland, generating 18 kW peak capacity. By 2030, SNCF aims to install solar across 1,000 hectares of rail property to cover 15-20% of its electricity needs.
• BayWa r.e. and Octopus Energy GenerationcoreStrategic or Co-development Partner · 1 January 2025SNCF Énergie signed green Corporate Power Purchase Agreements (CPPAs) with BayWa r.e. and Octopus Energy Generation to supply renewable energy for French rail operations, supporting sustainability targets.
• OTIVminorStrategic or Co-development Partner · 1 January 2025OTIV, a Ghent-based railway automation scale-up, is working with SNCF on developing autonomous train technology through a multi-stage roadmap including driver assistance, remote control, and supervised autonomy.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Others

• Keolis: SNCF's jointly-controlled public transport subsidiary operating buses, metros, and trams in 120 countries. Comparable as an international rail-adjacent operator with SNCF economics but operating under a different (transit-focused) business model.

Direct peers

• Transdev: French-headquartered private public transport operator that recently won the first French regional rail contract from SNCF. Competes with Keolis (SNCF's own subsidiary) and directly threatens SNCF's regional tendering moat as a private-sector rival.
• Trenitalia: Italy's national rail operator and the incumbent competitor to SNCF's planned 2027 Italian high-speed expansion. Operates comparable Frecciarossa high-speed services and competes directly with SNCF on premium intercity routes.
• DB Schenker: Deutsche Bahn's freight forwarding and logistics subsidiary, directly comparable to SNCF's Geodis. Operates globally with contract logistics, freight forwarding, and supply chain services competing head-to-head with Geodis.
• Deutsche Bahn: Germany's national railway operator and one of SNCF's closest competitors in European rail. Directly comparable as a state-owned integrated passenger and freight rail group with cross-border ambitions and similar challenges from climate and EU regulation.
• Eurostar Group: High-speed Channel Tunnel operator partially owned by SNCF itself. Directly comparable as a cross-border European high-speed rail operator using compatible rolling stock (Avelia Horizon). SNCF's stake in Eurostar makes it both peer and parent.
• Renfe: Spain's national rail operator running high-speed AVE services and freight operations. Directly comparable as a European state-owned rail incumbent operating premium high-speed services and competing for cross-border international services.

Broad incumbents

• DHL Group: Global logistics and freight forwarding conglomerate with rail-adjacent supply chain services. Comparable to Geodis as a broad logistics incumbent with global coverage, multimodal capabilities, and enterprise customer segments.
• Kuehne+Nagel: One of the world's largest freight forwarders, comparable to Geodis as a global logistics incumbent. Operates across road, sea, air, and contract logistics with overlapping customer segments in supply chain management.

Emerging players

• DSV: Global freight forwarding and logistics company built through aggressive M&A. Comparable to Geodis as a competing global 3PL with similar contract logistics, freight forwarding, and pan-European coverage ambitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SNCF
• YouTubeyoutube.com/@sncf
• LinkedInlinkedin.com/company/sncf
• Instagraminstagram.com/groupesncf
• Facebookfacebook.com/SNCFOFFICIEL

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SNCF