Canadian Pacific Kansas City Limited (CP)
NYSE: CP · Real-Time Price · USD
94.12
+0.26 (0.28%)
Aug 28, 2026, 4:00 PM EDT - Market closed
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 | 15,136 | 14,677 | 14,776 | 14,746 | 14,618 | 14,523 | 14,223 | 14,119 | 13,924 | 13,491 | 12,281 | 10,997 | 9,995 | 9,048 | 8,627 | 8,208 | 7,840 | 7,694 | 7,816 | 7,790 |
Other Revenue | 313 | 307 | 302 | 283 | 299 | 298 | 323 | 329 | 314 | 318 | 274 | 244 | 219 | 194 | 187 | 184 | 182 | 180 | 179 | 177 |
| 15,449 | 14,984 | 15,078 | 15,029 | 14,917 | 14,821 | 14,546 | 14,448 | 14,238 | 13,809 | 12,555 | 11,241 | 10,214 | 9,242 | 8,814 | 8,392 | 8,022 | 7,874 | 7,995 | 7,967 | |
Revenue Growth (YoY) | 3.57% | 1.10% | 3.66% | 4.02% | 4.77% | 7.33% | 15.86% | 28.53% | 39.40% | 49.42% | 42.44% | 33.95% | 27.32% | 17.37% | 10.24% | 5.33% | 1.70% | 3.25% | 3.70% | 2.57% |
Cost of Revenue | 7,200 | 6,915 | 6,963 | 7,003 | 7,050 | 7,060 | 7,003 | 6,906 | 6,915 | 6,789 | 6,297 | 5,536 | 4,845 | 4,191 | 4,221 | 3,806 | 3,496 | 3,402 | 3,408 | 3,216 |
Gross Profit | 8,249 | 8,069 | 8,115 | 8,026 | 7,867 | 7,761 | 7,543 | 7,542 | 7,323 | 7,020 | 6,258 | 5,705 | 5,369 | 5,051 | 4,593 | 4,586 | 4,526 | 4,472 | 4,587 | 4,751 |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | 30 | 62 | 98 | - | 133 | 199 | 129 | - | 129 |
Operating Expenses | 2,053 | 2,027 | 2,019 | 1,988 | 1,957 | 1,937 | 1,900 | 1,869 | 1,848 | 1,785 | 1,543 | 1,335 | 1,129 | 966 | 853 | 973 | 1,029 | 948 | 811 | 931 |
Operating Income | 6,196 | 6,042 | 6,096 | 6,038 | 5,910 | 5,824 | 5,643 | 5,673 | 5,475 | 5,235 | 4,715 | 4,370 | 4,240 | 4,085 | 3,740 | 3,613 | 3,497 | 3,524 | 3,776 | 3,820 |
Interest Expense | -917 | -888 | -876 | -849 | -819 | -811 | -801 | -804 | -819 | -823 | -771 | -731 | -690 | -646 | -652 | -611 | -549 | -490 | -440 | -431 |
Interest & Investment Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4 |
Earnings From Equity Investments | - | - | - | - | - | - | - | - | - | 26 | 230 | 677 | 898 | 1,080 | 1,074 | 486 | 265 | 57 | -141 | - |
Currency Exchange Gain (Loss) | 14 | 14 | 14 | 6 | -4 | 6 | 2 | -31 | -21 | -31 | -27 | - | - | - | - | -37 | -76 | -21 | 11 | 150 |
Other Non Operating Income (Expenses) | -28 | -26 | -13 | -4 | 7 | 5 | 18 | 40 | 18 | -14 | -19 | -40 | -28 | -17 | -17 | -8 | -3 | 1 | -1 | -12 |
EBT Excluding Unusual Items | 5,265 | 5,142 | 5,221 | 5,191 | 5,094 | 5,024 | 4,862 | 4,878 | 4,653 | 4,393 | 4,128 | 4,276 | 4,420 | 4,502 | 4,145 | 3,443 | 3,134 | 3,071 | 3,205 | 3,531 |
Merger & Restructuring Charges | -96 | -74 | -72 | -74 | -97 | -106 | -112 | -280 | -110 | -201 | -6 | -74 | -169 | -69 | - | 12 | -125 | 431 | 415 | 403 |
Gain (Loss) on Sale of Investments | - | 333 | 333 | 333 | 333 | - | - | 7,175 | 7,175 | - | - | -7,175 | -7,175 | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | 6 | 22 | 22 | -7,153 | -7,159 | -7,175 | -7,175 | - | - | - | - | - | - | - | - | - |
Pretax Income | 5,169 | 5,401 | 5,482 | 5,450 | 5,336 | 4,940 | 4,772 | 4,620 | 4,559 | -2,983 | -3,053 | -2,973 | -2,924 | 4,433 | 4,145 | 3,455 | 3,009 | 3,502 | 3,620 | 3,934 |
Income Tax Expense | 1,306 | 1,328 | 1,345 | 1,191 | 1,157 | 1,092 | 1,059 | 1,088 | 1,084 | -6,880 | -6,976 | -7,149 | -7,211 | 706 | 628 | 677 | 650 | 662 | 768 | 812 |
Earnings From Continuing Operations | 3,863 | 4,073 | 4,137 | 4,259 | 4,179 | 3,848 | 3,713 | 3,532 | 3,475 | 3,897 | 3,923 | 4,176 | 4,287 | 3,727 | 3,517 | 2,778 | 2,359 | 2,840 | 2,852 | 3,122 |
Minority Interest in Earnings | 4 | 4 | 4 | 6 | 3 | 5 | 5 | 8 | 8 | 5 | 4 | -1 | -1 | - | - | - | - | - | - | - |
Net Income | 3,867 | 4,077 | 4,141 | 4,265 | 4,182 | 3,853 | 3,718 | 3,540 | 3,483 | 3,902 | 3,927 | 4,175 | 4,286 | 3,727 | 3,517 | 2,778 | 2,359 | 2,840 | 2,852 | 3,122 |
Net Income to Common | 3,867 | 4,077 | 4,141 | 4,265 | 4,182 | 3,853 | 3,718 | 3,540 | 3,483 | 3,902 | 3,927 | 4,175 | 4,286 | 3,727 | 3,517 | 2,778 | 2,359 | 2,840 | 2,852 | 3,122 |
Net Income Growth (YoY) | -7.53% | 5.81% | 11.38% | 20.48% | 20.07% | -1.26% | -5.32% | -15.21% | -18.73% | 4.70% | 11.66% | 50.29% | 81.69% | 31.23% | 23.32% | -11.02% | -27.37% | 7.70% | 16.69% | 35.39% |
Shares Outstanding (Basic) | 898 | 907 | 916 | 925 | 931 | 933 | 933 | 933 | 932 | 932 | 931 | 931 | 931 | 930 | 930 | 877 | 811 | 746 | 680 | 668 |
Shares Outstanding (Diluted) | 898 | 908 | 917 | 926 | 932 | 935 | 935 | 935 | 934 | 934 | 934 | 934 | 933 | 933 | 933 | 880 | 814 | 749 | 683 | 671 |
Shares Change (YoY) | -3.61% | -2.86% | -1.87% | -0.90% | -0.22% | 0.07% | 0.10% | 0.10% | 0.09% | 0.09% | 0.09% | 6.08% | 14.63% | 24.65% | 36.63% | 31.18% | 20.94% | 10.77% | 0.43% | -1.86% |
EPS (Basic) | 4.31 | 4.49 | 4.52 | 4.61 | 4.49 | 4.13 | 3.98 | 3.80 | 3.74 | 4.19 | 4.22 | 4.48 | 4.61 | 4.01 | 3.78 | 3.17 | 2.91 | 3.81 | 4.20 | 4.68 |
EPS (Diluted) | 4.30 | 4.49 | 4.51 | 4.61 | 4.49 | 4.12 | 3.98 | 3.79 | 3.73 | 4.18 | 4.21 | 4.47 | 4.60 | 4.00 | 3.77 | 3.16 | 2.90 | 3.79 | 4.18 | 4.64 |
EPS Growth (YoY) | -4.24% | 8.90% | 13.32% | 21.64% | 20.36% | -1.43% | -5.46% | -15.21% | -18.91% | 4.50% | 11.67% | 41.26% | 58.85% | 5.46% | -9.81% | -31.86% | -39.91% | -2.72% | 16.43% | 37.52% |
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 | 2,403 | 2,043 | 2,169 | 2,393 | 2,501 | 2,355 | 2,406 | 2,084 | 1,844 | 1,646 | 1,638 | 2,188 | 2,593 | 2,674 | 2,585 | 1,587 | 1,083 | 2,284 | 2,156 | 2,628 |
Free Cash Flow Per Share | 2.67 | 2.25 | 2.37 | 2.58 | 2.68 | 2.52 | 2.57 | 2.23 | 1.97 | 1.76 | 1.75 | 2.34 | 2.78 | 2.87 | 2.77 | 1.80 | 1.33 | 3.05 | 3.16 | 3.92 |
Dividend Per Share | 0.952 | 0.912 | 0.874 | 0.836 | 0.798 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 | 0.760 |
Dividend Growth (YoY) | 19.30% | 20.00% | 15.00% | 10.00% | 5.00% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3.26% | 6.74% | 10.46% |
Gross Margin | 53.40% | 53.85% | 53.82% | 53.40% | 52.74% | 52.36% | 51.86% | 52.20% | 51.43% | 50.84% | 49.84% | 50.75% | 52.56% | 54.65% | 52.11% | 54.65% | 56.42% | 56.79% | 57.37% | 59.63% |
Operating Margin | 40.11% | 40.32% | 40.43% | 40.18% | 39.62% | 39.30% | 38.79% | 39.27% | 38.45% | 37.91% | 37.55% | 38.88% | 41.51% | 44.20% | 42.43% | 43.05% | 43.59% | 44.76% | 47.23% | 47.95% |
Profit Margin | 25.03% | 27.21% | 27.46% | 28.38% | 28.04% | 26.00% | 25.56% | 24.50% | 24.46% | 28.26% | 31.28% | 37.14% | 41.96% | 40.33% | 39.90% | 33.10% | 29.41% | 36.07% | 35.67% | 39.19% |
Free Cash Flow Margin | 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% | 32.99% |
EBITDA | 8,249 | 8,069 | 8,115 | 8,026 | 7,867 | 7,761 | 7,543 | 7,542 | 7,323 | 7,020 | 6,258 | 5,675 | 5,307 | 4,953 | 4,593 | 4,453 | 4,327 | 4,343 | 4,587 | 4,580 |
EBITDA Margin | 53.40% | 53.85% | 53.82% | 53.40% | 52.74% | 52.36% | 51.86% | 52.20% | 51.43% | 50.84% | 49.84% | 50.48% | 51.96% | 53.59% | 52.11% | 53.06% | 53.94% | 55.16% | 57.37% | 57.49% |
D&A For EBITDA | 2,053 | 2,027 | 2,019 | 1,988 | 1,957 | 1,937 | 1,900 | 1,869 | 1,848 | 1,785 | 1,543 | 1,305 | 1,067 | 868 | 853 | 840 | 830 | 819 | 811 | 760 |
EBIT | 6,196 | 6,042 | 6,096 | 6,038 | 5,910 | 5,824 | 5,643 | 5,673 | 5,475 | 5,235 | 4,715 | 4,370 | 4,240 | 4,085 | 3,740 | 3,613 | 3,497 | 3,524 | 3,776 | 3,820 |
EBIT Margin | 40.11% | 40.32% | 40.43% | 40.18% | 39.62% | 39.30% | 38.79% | 39.27% | 38.45% | 37.91% | 37.55% | 38.88% | 41.51% | 44.20% | 42.43% | 43.05% | 43.59% | 44.76% | 47.23% | 47.95% |
Effective Tax Rate | 25.27% | 24.59% | 24.54% | 21.85% | 21.68% | 22.11% | 22.19% | 23.55% | 23.78% | - | - | - | - | 15.93% | 15.15% | 19.60% | 21.60% | 18.90% | 21.21% | 20.64% |
Revenue as Reported | 15,449 | 14,984 | 15,078 | 15,029 | 14,917 | 14,821 | 14,546 | 14,448 | 14,238 | 13,809 | 12,555 | 11,241 | 10,214 | 9,242 | 8,814 | 8,392 | 8,022 | 7,874 | 7,995 | 7,967 |