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Canadian Pacific Kansas City Limited (CP)
NYSE: CP · Real-Time Price · USD
89.87
+1.50 (1.70%)
Oct 30, 2026, 10:56 AM EDT - Market open

Canadian Pacific Railway Cash Flow Statement

Millions CAD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
3,8643,8674,0774,1414,2654,1823,8533,7183,5403,4833,9023,9274,1754,2863,7273,5172,7782,3592,8402,852
Depreciation & Amortization
2,0792,0532,0272,0191,9881,9571,9371,9001,8691,8481,7851,5431,3051,067868853840830819811
Loss (Gain) From Sale of Investments
---333-333-333-333---7,1757,1757,1757,175-------
Loss (Gain) on Equity Investments
---------300-26701872594383107-265277141
Other Operating Activities
-183-216-327-322-391-261-341-373-301-7,896-8,294-8,270-8,288-1,049-163-219-132341-75-50
Change in Accounts Receivable
32323232-133-133-133-133-317-317-317-317-147-147-147-14732323232
Change in Inventory
-53-53-53-53-36-36-36-361111-27-27-27-27-14-14-14-14
Change in Accounts Payable
-271-271-271-2712022022022025757575795959595-108-108-108-108
Change in Other Net Operating Assets
30888-2396-73-91-72-9525-12-494611214-13-477-703-5224
Operating Cash Flow
5,7765,5005,1295,3095,4895,4875,4105,2694,9014,6564,2714,1374,5214,5964,4104,1423,0262,4723,7193,688
Operating Cash Flow Growth (YoY)
5.23%0.24%-5.19%0.76%12.00%17.85%26.67%27.36%8.40%1.31%-3.15%-0.12%49.41%85.92%18.58%12.31%-25.63%-38.42%28.46%31.62%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-2,848-3,097-3,086-3,140-3,096-2,986-3,055-2,863-2,817-2,812-2,625-2,499-2,333-2,003-1,736-1,557-1,439-1,389-1,435-1,532
Sale of Property, Plant & Equipment
7655555861697464485154574948475868737496
Cash Acquisitions
----------298298298298--1,773---
Investment in Securities
--493493493493--27427477-267-267---12,299-12,299-12,299-12,299
Other Investing Activities
-4-36-84-76-73-691231020-37-25-26-23-2398105
Investing Cash Flow
-2,776-3,078-2,622-2,665-2,615-2,493-2,969-2,796-2,485-2,467-2,303-2,162-2,279-1,947-1,691-1,496-11,888-13,607-13,650-13,730

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Short-Term Debt Issued
-------713---1,095--------
Long-Term Debt Issued
---3,102---------------11,306
Total Debt Issued
2,5701,9053,0133,1023,8613,8152,4237136925451,0951,095105210-320-10,97111,64611,53311,306
Short-Term Debt Repaid
----624------------415----454
Long-Term Debt Repaid
----951----2,327----2,395----1,207----359
Total Debt Repaid
-1,056120-741-1,575-2,535-4,137-3,724-2,327-2,301-1,881-2,185-2,395-1,535-2,034-1,566-1,622-1,593-687-1,334-813
Net Debt Issued (Repaid)
1,5142,0252,2721,5271,326-322-1,301-1,614-1,609-1,336-1,090-1,300-1,430-1,824-1,886-1,6229,37810,95910,19910,493
Issuance of Common Stock
8990907366655569747473696460423223182525
Repurchase of Common Stock
-3,785-4,165-4,275-3,942-3,545-1,740-347-------------
Common Dividends Paid
-848-817-823-796-769-741-709-709-709-709-707-707-707-707-707-707-657-607-557-507
Other Financing Activities
-4-6-7-8-6-4-32--1-17-17-17-16---23-26-42-75
Financing Cash Flow
-3,034-2,873-2,743-3,146-2,928-2,742-2,305-2,252-2,244-1,972-1,741-1,955-2,090-2,487-2,551-2,2978,72110,3449,6259,936

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Foreign Exchange Rate Adjustments
2218-50-532-104054-3152-749242056534441
Net Cash Flow
-12-433-286-555-5224217627516923222913156171192369-85-738-262-65

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
2,9282,4032,0432,1692,3932,5012,3552,4062,0841,8441,6461,6382,1882,5932,6742,5851,5871,0832,2842,156
Free Cash Flow Growth (YoY)
22.36%-3.92%-13.25%-9.85%14.83%35.63%43.07%46.89%-4.75%-28.88%-38.44%-36.63%37.87%139.43%17.08%19.90%-39.61%-55.99%81.85%90.63%
Free Cash Flow Margin
18.29%15.55%13.63%14.38%15.92%16.77%15.89%16.54%14.42%12.95%11.92%13.05%19.46%25.39%28.93%29.33%18.91%13.50%29.01%26.97%
Free Cash Flow Per Share
3.292.672.252.372.582.682.522.572.231.971.761.752.342.782.872.771.801.333.053.16
Levered Free Cash Flow
2,7402,1811,9032,0012,2722,3322,1702,3292,2462,0391,8731,3611,2991,3561,3511,2691,173864.51,4441,532
Unlevered Free Cash Flow
3,3232,7552,4582,5482,8032,8442,6772,8302,7492,5512,3871,8431,7561,7871,7551,6771,5551,2081,7511,807

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
953899886863857822749814818813923825744740638641528533421426
Cash Income Tax Paid
1,1381,0861,2091,1551,0841,0539539589821,014964906737599433408470532578552
Change in Working Capital
16-204-315-196-40-58-3924-207-254-271-308-3333-65-92-567-793-142-66
SEC Filings: 10-K · 10-Q