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Canadian Pacific Kansas City Limited (CP)
NYSE: CP · Real-Time Price · USD
88.10
+0.77 (0.88%)
At close: Oct 21, 2026, 4:00 PM EDT
89.39
+1.29 (1.47%)
Pre-market: Oct 22, 2026, 4:52 AM EDT

Canadian Pacific Railway Cash Flow Statement

Millions CAD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
3,8674,1413,7183,9273,5172,852
Depreciation & Amortization
2,0532,0191,9001,543853811
Loss (Gain) From Sale of Investments
--333-7,175--
Loss (Gain) on Equity Investments
---7083141
Other Operating Activities
-216-322-373-8,270-219-50
Change in Accounts Receivable
3232-133-317-14732
Change in Inventory
-53-53-361-27-14
Change in Accounts Payable
-271-2712025795-108
Change in Other Net Operating Assets
8896-9-49-1324
Operating Cash Flow
5,5005,3095,2694,1374,1423,688
Operating Cash Flow Growth
0.24%0.76%27.36%-0.12%12.31%31.62%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-3,097-3,140-2,863-2,499-1,557-1,532
Sale of Property, Plant & Equipment
555864575896
Cash Acquisitions
---298--
Investment in Securities
-493-7--12,299
Other Investing Activities
-36-763-2535
Investing Cash Flow
-3,078-2,665-2,796-2,162-1,496-13,730

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
--7131,095--
Long-Term Debt Issued
-3,102---11,306
Total Debt Issued
1,9053,1027131,095-11,306
Short-Term Debt Repaid
--624---415-454
Long-Term Debt Repaid
--951-2,327-2,395-1,207-359
Total Debt Repaid
120-1,575-2,327-2,395-1,622-813
Net Debt Issued (Repaid)
2,0251,527-1,614-1,300-1,62210,493
Issuance of Common Stock
907369693225
Repurchase of Common Stock
-4,165-3,942----
Common Dividends Paid
-817-796-709-707-707-507
Other Financing Activities
-6-82-17--75
Financing Cash Flow
-2,873-3,146-2,252-1,955-2,2979,936

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
18-5354-72041
Net Cash Flow
-433-55527513369-65

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
2,4032,1692,4061,6382,5852,156
Free Cash Flow Growth
-3.92%-9.85%46.89%-36.63%19.90%90.63%
Free Cash Flow Margin
15.55%14.38%16.54%13.05%29.33%26.97%
Free Cash Flow Per Share
2.672.372.571.752.773.16
Levered Free Cash Flow
2,1812,0012,3291,3611,2691,532
Unlevered Free Cash Flow
2,7552,5482,8301,8431,6771,807

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
899863814825641426
Cash Income Tax Paid
1,0861,155958906408552
Change in Working Capital
-204-19624-308-92-66
SEC Filings: 10-K · 10-Q