Canadian Pacific Kansas City Limited (CP)
NYSE: CP · Real-Time Price · USD
87.48
-1.30 (-1.46%)
At close: Sep 18, 2026, 4:00 PM EDT
88.33
+0.85 (0.97%)
After-hours: Sep 18, 2026, 7:58 PM EDT
Canadian Pacific Railway Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Revenue | 4,088 | 3,628 | 3,831 | 3,589 | 3,629 | 3,727 | 3,801 | 3,461 | 3,534 | 3,427 | 3,697 | 3,266 | 3,101 | 2,217 | 2,413 | 2,264 | 2,154 | 1,796 | 1,994 | 1,896 |
Other Revenue | 76 | 73 | 92 | 72 | 70 | 68 | 73 | 88 | 69 | 93 | 79 | 73 | 73 | 49 | 49 | 48 | 48 | 42 | 46 | 46 |
| 4,164 | 3,701 | 3,923 | 3,661 | 3,699 | 3,795 | 3,874 | 3,549 | 3,603 | 3,520 | 3,776 | 3,339 | 3,174 | 2,266 | 2,462 | 2,312 | 2,202 | 1,838 | 2,040 | 1,942 | |
Revenue Growth (YoY) | 12.57% | -2.48% | 1.26% | 3.16% | 2.66% | 7.81% | 2.60% | 6.29% | 13.52% | 55.34% | 53.37% | 44.42% | 44.14% | 23.29% | 20.69% | 19.05% | 7.21% | -6.18% | 1.39% | 4.24% |
Cost of Revenue | 2,022 | 1,799 | 1,677 | 1,702 | 1,737 | 1,847 | 1,717 | 1,749 | 1,747 | 1,790 | 1,620 | 1,630 | 1,621 | 1,114 | 1,043 | 1,028 | 968 | 937 | 835 | 825 |
Gross Profit | 2,142 | 1,902 | 2,246 | 1,959 | 1,962 | 1,948 | 2,157 | 1,800 | 1,856 | 1,730 | 2,156 | 1,709 | 1,553 | 1,152 | 1,419 | 1,284 | 1,234 | 901 | 1,205 | 1,117 |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30 | 32 | 35 | 35 | 30 | 30 |
Operating Expenses | 519 | 512 | 519 | 503 | 493 | 504 | 488 | 472 | 473 | 467 | 457 | 451 | 410 | 225 | 249 | 245 | 246 | 245 | 236 | 233 |
Operating Income | 1,623 | 1,390 | 1,727 | 1,456 | 1,469 | 1,444 | 1,669 | 1,328 | 1,383 | 1,263 | 1,699 | 1,258 | 1,143 | 927 | 1,170 | 1,039 | 988 | 656 | 969 | 884 |
Interest Expense | -237 | -228 | -230 | -222 | -208 | -216 | -203 | -192 | -200 | -206 | -206 | -207 | -204 | -154 | -166 | -166 | -160 | -160 | -125 | -104 |
Earnings From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | 26 | 204 | 447 | 221 | 208 | 198 | -141 | - |
Currency Exchange Gain (Loss) | - | - | 7 | - | - | - | 6 | -4 | 16 | -4 | -27 | - | - | - | - | - | - | - | -37 | -39 |
Other Non Operating Income (Expenses) | 14 | -20 | -7 | -8 | 16 | -7 | -5 | -3 | 8 | 6 | 17 | -13 | -21 | 1 | -4 | -7 | -7 | 1 | 5 | -2 |
EBT Excluding Unusual Items | 1,400 | 1,142 | 1,497 | 1,226 | 1,277 | 1,221 | 1,467 | 1,129 | 1,207 | 1,059 | 1,483 | 1,038 | 944 | 978 | 1,447 | 1,087 | 1,029 | 695 | 671 | 739 |
Merger & Restructuring Charges | -41 | -22 | -20 | -13 | -19 | -20 | -22 | -36 | -28 | -26 | -190 | - | -116 | -15 | -74 | - | -19 | -20 | 12 | -98 |
Gain (Loss) on Sale of Investments | - | - | - | - | 333 | - | - | - | - | - | 7,175 | - | -7,175 | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | 6 | 16 | - | -7,175 | - | - | - | - | - | - | - | - | - |
Pretax Income | 1,359 | 1,120 | 1,477 | 1,213 | 1,591 | 1,201 | 1,445 | 1,099 | 1,195 | 1,033 | 1,293 | 1,038 | -6,347 | 963 | 1,373 | 1,087 | 1,010 | 675 | 683 | 641 |
Income Tax Expense | 335 | 275 | 400 | 296 | 357 | 292 | 246 | 262 | 292 | 259 | 275 | 258 | -7,672 | 163 | 102 | 196 | 245 | 85 | 151 | 169 |
Earnings From Continuing Operations | 1,024 | 845 | 1,077 | 917 | 1,234 | 909 | 1,199 | 837 | 903 | 774 | 1,018 | 780 | 1,325 | 800 | 1,271 | 891 | 765 | 590 | 532 | 472 |
Minority Interest in Earnings | - | 1 | - | 3 | - | 1 | 2 | - | 2 | 1 | 5 | - | -1 | - | - | - | - | - | - | - |
Net Income | 1,024 | 846 | 1,077 | 920 | 1,234 | 910 | 1,201 | 837 | 905 | 775 | 1,023 | 780 | 1,324 | 800 | 1,271 | 891 | 765 | 590 | 532 | 472 |
Net Income to Common | 1,024 | 846 | 1,077 | 920 | 1,234 | 910 | 1,201 | 837 | 905 | 775 | 1,023 | 780 | 1,324 | 800 | 1,271 | 891 | 765 | 590 | 532 | 472 |
Net Income Growth (YoY) | -17.02% | -7.03% | -10.32% | 9.92% | 36.35% | 17.42% | 17.40% | 7.31% | -31.65% | -3.13% | -19.51% | -12.46% | 73.07% | 35.59% | 138.91% | 88.77% | -38.60% | -1.99% | -33.67% | -21.07% |
Shares Outstanding (Basic) | 886 | 897 | 898 | 910 | 924 | 933 | 933 | 933 | 933 | 932 | 932 | 932 | 931 | 931 | 930 | 930 | 930 | 930 | 718 | 667 |
Shares Outstanding (Diluted) | 887 | 897 | 898 | 911 | 925 | 934 | 935 | 935 | 935 | 934 | 934 | 934 | 934 | 934 | 933 | 933 | 933 | 933 | 721 | 670 |
Shares Change (YoY) | -4.08% | -3.96% | -3.89% | -2.56% | -1.05% | -0.01% | 0.11% | 0.15% | 0.09% | 0.10% | 0.06% | 0.11% | 0.13% | 0.09% | 29.38% | 39.28% | 39.22% | 39.29% | 7.02% | -1.35% |
EPS (Basic) | 1.16 | 0.94 | 1.20 | 1.01 | 1.34 | 0.98 | 1.29 | 0.90 | 0.97 | 0.83 | 1.10 | 0.84 | 1.42 | 0.86 | 1.37 | 0.96 | 0.82 | 0.63 | 0.74 | 0.71 |
EPS (Diluted) | 1.15 | 0.94 | 1.19 | 1.01 | 1.33 | 0.97 | 1.29 | 0.90 | 0.97 | 0.83 | 1.10 | 0.84 | 1.42 | 0.86 | 1.36 | 0.96 | 0.82 | 0.63 | 0.74 | 0.70 |
EPS Growth (YoY) | -13.53% | -3.09% | -7.40% | 12.61% | 37.11% | 16.87% | 17.20% | 7.11% | -31.69% | -3.44% | -19.26% | -12.60% | 73.17% | 36.44% | 83.63% | 36.87% | -55.91% | -30.00% | -37.43% | -20.46% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 960 | 307 | 729 | 407 | 600 | 433 | 953 | 515 | 454 | 484 | 631 | 275 | 256 | 476 | 1,181 | 680 | 337 | 387 | 183 | 176 |
Free Cash Flow Per Share | 1.08 | 0.34 | 0.81 | 0.45 | 0.65 | 0.46 | 1.02 | 0.55 | 0.49 | 0.52 | 0.68 | 0.29 | 0.27 | 0.51 | 1.27 | 0.73 | 0.36 | 0.41 | 0.25 | 0.26 |
Dividend Per Share | 0.268 | 0.228 | 0.228 | 0.228 | 0.228 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 | 0.190 |
Dividend Growth (YoY) | 17.54% | 20.00% | 20.00% | 20.00% | 20.00% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Gross Margin | 51.44% | 51.39% | 57.25% | 53.51% | 53.04% | 51.33% | 55.68% | 50.72% | 51.51% | 49.15% | 57.10% | 51.18% | 48.93% | 50.84% | 57.64% | 55.54% | 56.04% | 49.02% | 59.07% | 57.52% |
Operating Margin | 38.98% | 37.56% | 44.02% | 39.77% | 39.71% | 38.05% | 43.08% | 37.42% | 38.39% | 35.88% | 45.00% | 37.68% | 36.01% | 40.91% | 47.52% | 44.94% | 44.87% | 35.69% | 47.50% | 45.52% |
Profit Margin | 24.59% | 22.86% | 27.45% | 25.13% | 33.36% | 23.98% | 31.00% | 23.58% | 25.12% | 22.02% | 27.09% | 23.36% | 41.71% | 35.30% | 51.63% | 38.54% | 34.74% | 32.10% | 26.08% | 24.30% |
Free Cash Flow Margin | 23.05% | 8.29% | 18.58% | 11.12% | 16.22% | 11.41% | 24.60% | 14.51% | 12.60% | 13.75% | 16.71% | 8.24% | 8.07% | 21.01% | 47.97% | 29.41% | 15.30% | 21.05% | 8.97% | 9.06% |
EBITDA | 2,142 | 1,902 | 2,246 | 1,959 | 1,962 | 1,948 | 2,157 | 1,800 | 1,856 | 1,730 | 2,156 | 1,709 | 1,553 | 1,152 | 1,389 | 1,252 | 1,199 | 866 | 1,175 | 1,087 |
EBITDA Margin | 51.44% | 51.39% | 57.25% | 53.51% | 53.04% | 51.33% | 55.68% | 50.72% | 51.51% | 49.15% | 57.10% | 51.18% | 48.93% | 50.84% | 56.42% | 54.15% | 54.45% | 47.12% | 57.60% | 55.97% |
D&A For EBITDA | 519 | 512 | 519 | 503 | 493 | 504 | 488 | 472 | 473 | 467 | 457 | 451 | 410 | 225 | 219 | 213 | 211 | 210 | 206 | 203 |
EBIT | 1,623 | 1,390 | 1,727 | 1,456 | 1,469 | 1,444 | 1,669 | 1,328 | 1,383 | 1,263 | 1,699 | 1,258 | 1,143 | 927 | 1,170 | 1,039 | 988 | 656 | 969 | 884 |
EBIT Margin | 38.98% | 37.56% | 44.02% | 39.77% | 39.71% | 38.05% | 43.08% | 37.42% | 38.39% | 35.88% | 45.00% | 37.68% | 36.01% | 40.91% | 47.52% | 44.94% | 44.87% | 35.69% | 47.50% | 45.52% |
Effective Tax Rate | 24.65% | 24.55% | 27.08% | 24.40% | 22.44% | 24.31% | 17.02% | 23.84% | 24.44% | 25.07% | 21.27% | 24.86% | - | 16.93% | 7.43% | 18.03% | 24.26% | 12.59% | 22.11% | 26.36% |
Revenue as Reported | 4,164 | 3,701 | 3,923 | 3,661 | 3,699 | 3,795 | 3,874 | 3,549 | 3,603 | 3,520 | 3,776 | 3,339 | 3,174 | 2,266 | 2,462 | 2,312 | 2,202 | 1,838 | 2,040 | 1,942 |