What is Canadian Pacific Kansas City Limited's earnings per share (EPS)?

Canadian Pacific Kansas City Limited (CP) reported diluted earnings per share of $3.29 for fiscal year 2025. This represents a 19.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Canadian Pacific Kansas City Limited (CP) Financials

Trailing 12 months to June 30, 2026

Revenue $11.1B +3.8% YoY

Net Income $2.8B -7.3% YoY

EPS (Diluted) $3.08 -4.3% YoY

Free Cash Flow $1.7B -4.2% YoY

Market Cap $79.7B as of Oct 22, 2026

Price / Sales 7.2x on $11.1B revenue, trailing 12 months to June 30, 2026

Price / Earnings 28.7x on $2.8B net income, trailing 12 months to June 30, 2026

Price / Book 2.4x on $32.8B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CP SEC filings page.

Canadian Pacific Kansas City Limited (CP) reported $11.1B in revenue over the twelve months to Jun 30, 2026, up 3.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Health Score 54/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Canadian Pacific Kansas City Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Canadian Pacific Kansas City Limited has an operating margin of 37.2%, meaning the company retains $37 of operating profit per $100 of revenue. This strong profitability earns a score of 96/100, reflecting efficient cost management and pricing power. This is up from 35.6% the prior year.

Growth

Canadian Pacific Kansas City Limited's revenue grew 8.9% year-over-year to $11.0B, a solid pace of expansion. This earns a growth score of 58/100.

Leverage

Canadian Pacific Kansas City Limited has elevated debt relative to equity (D/E of 0.43), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 24/100, reflecting increased financial risk.

Liquidity

Canadian Pacific Kansas City Limited's current ratio of 0.49 is below the typical benchmark, resulting in a score of 4/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Canadian Pacific Kansas City Limited converts 14.6% of revenue into free cash flow ($1.6B). This strong cash generation earns a score of 78/100.

Returns

Canadian Pacific Kansas City Limited's ROE of 9.0% shows moderate profitability relative to equity, earning a score of 64/100. This is up from 7.8% the prior year.

Altman Z-Score Grey Zone

2.35

Canadian Pacific Kansas City Limited scores 2.35, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from a market capitalization of $79.7B against total liabilities of $28.5B. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

Canadian Pacific Kansas City Limited passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.

Earnings Quality Cash-Backed

1.28x

For every $1 of reported earnings, Canadian Pacific Kansas City Limited generates $1.28 in operating cash flow ($3.9B OCF vs $3.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

6.40x

Canadian Pacific Kansas City Limited earns $6.40 in operating income for every $1 of interest expense ($4.1B vs $638.9M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.9B

YoY+7.9%

QoQ+10.5%

5Y CAGR+12.1%

10Y CAGR+10.2%

Canadian Pacific Kansas City Limited generated $2.9B in revenue in Q2 2026. This represents an increase of 7.9% from the same quarter a year earlier. Against the prior quarter it is up 10.5%.

EBITDA

$1.4B

YoY+4.0%

QoQ+10.5%

5Y CAGR+11.3%

10Y CAGR+9.9%

Canadian Pacific Kansas City Limited's EBITDA was $1.4B in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.0% from the same quarter a year earlier. Against the prior quarter it is up 10.5%.

Net Income

$720.9M

YoY-20.4%

QoQ+18.9%

5Y CAGR-6.4%

10Y CAGR+11.1%

Canadian Pacific Kansas City Limited reported $720.9M in net income in Q2 2026. This represents a decrease of 20.4% from the same quarter a year earlier. Against the prior quarter it is up 18.9%.

EPS (Diluted)

$0.81

YoY-17.1%

QoQ+20.2%

5Y CAGR-11.6%

Canadian Pacific Kansas City Limited earned $0.81 per diluted share (EPS) in Q2 2026. This represents a decrease of 17.1% from the same quarter a year earlier. Against the prior quarter it is up 20.2%.

Cash & Balance Sheet

Free Cash Flow

$681.5M

YoY+51.7%

QoQ+204.8%

5Y CAGR-11.3%

10Y CAGR+17.2%

Canadian Pacific Kansas City Limited generated $681.5M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 51.7% from the same quarter a year earlier. Against the prior quarter it is up 204.8%.

Cash & Debt

$257.7M

YoY-56.1%

QoQ-12.1%

5Y CAGR-18.6%

10Y CAGR+13.8%

Canadian Pacific Kansas City Limited held $257.7M in cash against $15.7B in long-term debt as of Q2 2026.

Dividends Per Share

$0.19

YoY+12.7%

QoQ+15.5%

5Y CAGR+4.3%

Canadian Pacific Kansas City Limited paid $0.19 per share in dividends in Q2 2026. This represents an increase of 12.7% from the same quarter a year earlier. Against the prior quarter it is up 15.5%.

Shares Outstanding

879M

YoY-4.2%

QoQ-1.0%

5Y CAGR+5.7%

Canadian Pacific Kansas City Limited had 879M shares outstanding in Q2 2026. This represents a decrease of 4.2% from the same quarter a year earlier. Against the prior quarter it is down 1.0%.

Margins & Returns

Operating Margin

35.4%

YoY-1.0pp

QoQ+1.4pp

5Y change-4.6pp

10Y change-2.7pp

Canadian Pacific Kansas City Limited's operating margin was 35.4% in Q2 2026, reflecting core business profitability. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.

Net Margin

24.6%

YoY-8.8pp

QoQ+1.7pp

5Y change-36.1pp

10Y change+2.0pp

Canadian Pacific Kansas City Limited's net profit margin was 24.6% in Q2 2026, showing the share of revenue converted to profit. This is down 8.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.

Return on Equity

2.2%

YoY-0.5pp

QoQ+0.4pp

5Y change-11.7pp

10Y change-4.8pp

Canadian Pacific Kansas City Limited's quarterly ROE was 2.2% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$903.2M

YoY-11.7%

QoQ+85.3%

Canadian Pacific Kansas City Limited spent $903.2M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 11.7% from the same quarter a year earlier. Against the prior quarter it is up 85.3%.

Capital Expenditures

$533.6M

YoY-2.2%

QoQ+12.1%

5Y CAGR+9.7%

10Y CAGR+7.7%

Canadian Pacific Kansas City Limited invested $533.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 2.2% from the same quarter a year earlier. Against the prior quarter it is up 12.1%.

R&D Spending

Not reported for Q2 2026.

CP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$11.1B	$11.0B+8.9%	$10.1B+6.2%	$9.5B+46.0%	$6.5B+4.1%	$6.3B+3.5%	$6.0B+0.6%	$6.0B+12.1%	$5.4B+2.4%	$5.2B+12.8%	$4.6B-4.3%	$4.9B-15.0%	$5.7B-1.0%	$5.8B+0.8%	$5.7B+12.3%	$5.1B
Operating Income	$4.1B	$4.1B+13.7%	$3.6B+8.2%	$3.3B+35.1%	$2.5B-2.0%	$2.5B-3.4%	$2.6B+7.7%	$2.4B+16.2%	$2.1B+3.1%	$2.0B+12.1%	$1.8B-7.5%	$1.9B-3.7%	$2.0B+51.0%	$1.3B+40.1%	$953.0M+0.2%	$951.0M
EBITDA	N/A	$5.6B+13.2%	$4.9B+9.4%	$4.5B+45.4%	$3.1B-1.7%	$3.1B-2.0%	$3.2B+8.5%	$3.0B+14.3%	$2.6B+1.8%	$2.5B+11.8%	$2.3B-4.2%	$2.4B-4.8%	$2.5B+33.5%	$1.9B+24.9%	$1.5B+4.3%	$1.4B
Interest Expense	$657.4M	$638.9M+14.9%	$556.3M-4.8%	$584.0M+21.2%	$481.8M+38.0%	$349.1M-3.6%	$362.3M+3.4%	$350.3M+5.0%	$333.5M-12.1%	$379.5M+7.9%	$351.6M+23.2%	$285.4M+15.8%	$246.5M-7.3%	$266.1M-5.0%	$280.2M+11.7%	$250.8M
Income Tax	$937.2M	$980.9M+33.4%	$735.4Mn/m	-$5.3B-1238.6%	$464.1M-22.8%	$601.1M+1.1%	$594.4M+9.1%	$544.7M+16.7%	$466.9M+528.4%	$74.3M-82.0%	$411.9M-6.1%	$438.6M-9.5%	$484.4M+106.1%	$235.0M+54.0%	$152.6M+22.2%	$124.9M
Net Income	$2.8B	$3.0B+17.0%	$2.6B-13.2%	$3.0B+14.4%	$2.6B+16.4%	$2.2B+16.5%	$1.9B+1.8%	$1.9B+31.6%	$1.4B-25.6%	$1.9B+61.3%	$1.2B+21.9%	$976.9M-23.2%	$1.3B+54.7%	$822.6M+69.2%	$486.0M-13.3%	$560.6M
EPS (Basic)	N/A	$3.30+19.3%	$2.76-13.5%	$3.20+14.4%	$2.79-15.0%	$3.29	$2.83+4.2%	$2.72	$10.00-24.1%	$13.17+65.5%	$7.96+30.1%	$6.12-16.9%	$7.36+56.6%	$4.70+66.0%	$2.83-14.6%	$3.31
EPS (Diluted)	$3.08	$3.29+19.0%	$2.76-13.3%	$3.19+14.5%	$2.79-14.8%	$3.27	$2.81+4.3%	$2.70	$9.98-24.1%	$13.13+65.9%	$7.92+30.4%	$6.07-16.8%	$7.29+56.4%	$4.66+66.4%	$2.80-14.7%	$3.28
Diluted Shares (Avg)	N/A	917M-1.9%	935M+0.1%	934M+0.1%	933M+36.6%	683M	680M-2.4%	696M	143M-2.1%	146M-2.8%	151M-6.5%	161M-7.7%	174M-1.2%	177M+1.9%	173M+1.5%	171M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.9B+7.9%	$2.7B+0.5%	$2.9B+6.3%	$2.6B+0.1%	$2.7B+3.1%	$2.6B+1.5%	$2.7B-5.9%	$2.6B+6.5%
Operating Income	$1.0B+5.1%	$901.6M-1.6%	$1.2B+8.6%	$959.3M+7.7%	$986.0M+6.5%	$915.9M+7.9%	$1.1B-0.8%	$890.4M+2.7%
EBITDA	$1.4B+4.0%	$1.3B+0.2%	$1.6B+9.3%	$1.3B+6.5%	$1.3B+6.0%	$1.3B+6.1%	$1.4B-1.1%	$1.2B+3.3%
Interest Expense	$166.8M+9.2%	$163.4M+8.8%	$167.7M+19.0%	$159.4M+12.2%	$152.7M+4.5%	$150.2M-1.3%	$141.0M	$142.1M-7.1%
Income Tax	$235.8M-10.0%	$197.1M-2.9%	$291.7M+70.8%	$212.5M+9.6%	$262.1M+22.8%	$203.1M+6.2%	$170.8M-18.0%	$193.9M+1.7%
Net Income	$720.9M-20.4%	$606.3M-4.2%	$785.4M-5.8%	$660.6M+6.6%	$906.0M+37.0%	$632.9M+10.6%	$834.0M+7.6%	$619.5M+7.5%
EPS (Basic)	$0.82-17.0%	$0.67-1.1%	$0.88-1.6%	$0.73+8.9%	$0.98+38.8%	$0.68+11.2%	$0.89+6.7%	$0.67+7.3%
EPS (Diluted)	$0.81-17.1%	$0.67-0.1%	$0.87-3.1%	$0.73+8.9%	$0.98+37.7%	$0.67+10.0%	$0.90+7.5%	$0.67+7.3%
Diluted Shares (Avg)	887M-4.1%	897M-4.0%	N/A	911M-2.6%	925M-1.0%	934M0.0%	N/A	935M+0.1%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.

CP Balance Sheet

CP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$62.7B+2.9%	$60.9B+0.7%	$60.5B+11.4%	$54.3B+1.8%	$53.4B+187.9%	$18.5B+7.4%	$17.3B+10.8%	$15.6B-3.2%	$16.1B+12.4%	$14.3B+0.9%	$14.2B-0.5%	$14.3B-10.9%	$16.0B+8.2%	$14.8B+6.6%	$13.9B
Current Assets	$2.1B-8.8%	$2.4B+3.3%	$2.3B+62.9%	$1.4B+31.9%	$1.1B+2.2%	$1.0B+11.0%	$933.5M+14.0%	$818.7M-19.6%	$1.0B+35.4%	$751.5M-32.3%	$1.1B+5.5%	$1.1B-44.8%	$1.9B+42.9%	$1.3B+58.5%	$841.9M
Cash & Equivalents	$134.2M-73.9%	$513.2M+46.0%	$351.5M+5.5%	$333.3M+517.2%	$54.0M-53.1%	$115.3M+12.3%	$102.6M+129.5%	$44.7M-83.4%	$270.0M+121.1%	$122.2M-74.0%	$469.7M+141.1%	$194.8M-56.5%	$447.5M+33.8%	$334.4M+623.5%	$46.2M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Accounts Receivable	$1.5B+8.3%	$1.4B-4.4%	$1.4B+90.4%	$750.8M+17.1%	$641.0M-0.9%	$646.9M+4.2%	$621.0M+4.0%	$597.3M+8.8%	$548.9M+24.7%	$440.2M-5.6%	$466.1M-23.0%	$605.1M+11.0%	$545.3M-0.6%	$548.3M+7.6%	$509.4M
Long-Term Investments	$345.0M-15.2%	$406.9M+0.8%	$403.7M+145.0%	$164.8M+0.7%	$163.6M+4.8%	$156.0Mn/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$77.7M
Goodwill	$13.4B+0.1%	$13.4B+0.1%	$13.4B+5182.6%	$254.2M-1.0%	$256.7M-0.5%	$258.0M+72.4%	$149.7M+5.3%	$142.2M0.0%	$142.2M0.0%	$142.3M-0.6%	$143.1M+1.2%	$141.4M+0.2%	$141.0M-3.8%	$146.6M-0.6%	$147.5M
Total Liabilities	$28.5B+5.7%	$27.0B-5.0%	$28.4B+11.0%	$25.6B-4.9%	$26.9B+110.1%	$12.8B+8.4%	$11.8B+10.2%	$10.7B-2.1%	$10.9B+0.7%	$10.9B+1.4%	$10.7B+13.7%	$9.4B+1.1%	$9.3B-3.5%	$9.7B+3.9%	$9.3B
Current Liabilities	$4.4B+11.1%	$3.9B-9.1%	$4.3B+82.2%	$2.4B-4.0%	$2.5B+18.8%	$2.1B+17.6%	$1.8B+23.4%	$1.4B-9.6%	$1.6B+58.0%	$1.0B-4.0%	$1.0B-14.0%	$1.2B-6.1%	$1.3B+4.9%	$1.2B+3.8%	$1.2B
Non-Current Liabilities	$24.2B+4.8%	$23.1B-4.2%	$24.1B+3.8%	$23.2B-5.0%	$24.4B+127.8%	$10.7B+6.8%	$10.0B+8.1%	$9.3B-0.8%	$9.4B-5.2%	$9.9B+2.0%	$9.7B+17.8%	$8.2B+2.2%	$8.0B-4.7%	$8.4B+4.0%	$8.1B
Long-Term Debt	$14.5B+5.8%	$13.8B-6.2%	$14.7B+9.3%	$13.4B-7.8%	$14.5B+116.0%	$6.7B+7.0%	$6.3B+4.9%	$6.0B+1.4%	$5.9B-8.2%	$6.4B0.0%	$6.5B+33.0%	$4.8B+10.9%	$4.4B-6.1%	$4.7B+0.8%	$4.6B
Total Equity	$33.5B+0.6%	$33.3B+5.8%	$31.4B+9.4%	$28.7B+8.5%	$26.5B+361.3%	$5.7B+5.2%	$5.5B+12.1%	$4.9B-5.4%	$5.1B+49.3%	$3.4B-0.6%	$3.5B-28.3%	$4.8B-27.5%	$6.7B+30.4%	$5.1B+11.9%	$4.6B
Retained Earnings	$14.4B+6.9%	$13.5B+8.5%	$12.4B+27.5%	$9.8B+20.0%	$8.1B+28.1%	$6.3B+9.0%	$5.8B+19.8%	$4.9B-0.3%	$4.9B+49.8%	$3.3B+8.0%	$3.0B-37.6%	$4.8B-18.7%	$5.9B+4.0%	$5.7B+6.8%	$5.4B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$62.9B+0.5%	$62.8B+2.6%	$62.7B+2.9%	$62.2B+2.3%	$62.5B+3.4%	$61.2B+1.5%	$60.9B+0.7%	$60.9B+1.7%
Current Assets	$2.4B-6.1%	$2.4B+1.4%	$2.1B-8.8%	$2.4B+3.4%	$2.6B+10.5%	$2.4B+3.6%	$2.4B+3.3%	$2.3B+0.3%
Cash & Equivalents	$257.7M-56.1%	$293.1M-39.4%	$134.2M-73.9%	$295.1M-13.9%	$586.6M+44.1%	$483.3M+26.1%	$513.2M+46.0%	$342.7M+57.8%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%
Accounts Receivable	$1.6B+7.7%	$1.6B+10.7%	$1.5B+8.3%	$1.5B+5.9%	$1.5B+6.4%	$1.4B-0.9%	$1.4B-4.4%	$1.4B+5.0%
Long-Term Investments	$367.5M+10.2%	$347.6M-15.0%	$345.0M-15.2%	$338.9M-17.5%	$333.3M-18.4%	$408.9M-1.3%	$406.9M+0.8%	$410.8M+1.3%
Goodwill	$13.5B-0.2%	$13.4B-0.1%	$13.4B+0.1%	$13.4B0.0%	$13.5B+0.1%	$13.4B-0.1%	$13.4B+0.1%	$13.4B+0.2%
Total Liabilities	$29.3B+5.1%	$28.9B+7.0%	$28.5B+5.7%	$28.7B+4.5%	$27.9B+0.6%	$27.0B-3.6%	$27.0B-5.0%	$27.5B-4.0%
Current Liabilities	$4.1B+47.5%	$3.6B+23.0%	$4.4B+11.1%	$3.7B-13.0%	$2.8B-39.5%	$3.0B-37.7%	$3.9B-9.1%	$4.3B+32.3%
Non-Current Liabilities	$25.2B+0.4%	$25.2B+5.0%	$24.2B+4.8%	$25.0B+7.8%	$25.2B+8.6%	$24.0B+3.3%	$23.1B-4.2%	$23.2B-8.6%
Long-Term Debt	$15.7B+0.5%	$15.7B+6.7%	$14.5B+5.8%	$15.5B+11.9%	$15.6B+12.5%	$14.7B+5.7%	$13.8B-6.2%	$13.8B-13.9%
Total Equity	$32.8B-3.2%	$33.3B-0.8%	$33.5B+0.6%	$32.8B+0.4%	$33.9B+5.8%	$33.6B+6.1%	$33.3B+5.8%	$32.7B+7.0%
Retained Earnings	$13.9B-4.8%	$14.3B+3.3%	$14.4B+6.9%	$13.8B+1.1%	$14.6B+12.5%	$13.8B+10.0%	$13.5B+8.5%	$13.6B+18.4%

Not reported in any period shown, so not listed: Inventory.

CP Cash Flow Statement

CP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$3.9B	$3.9B+5.8%	$3.7B+16.8%	$3.1B+2.4%	$3.1B+6.0%	$2.9B+31.4%	$2.2B-4.8%	$2.3B+16.1%	$2.0B+14.0%	$1.7B+12.0%	$1.6B-12.4%	$1.8B-2.9%	$1.8B-0.2%	$1.8B+37.5%	$1.3B+164.8%	$503.5M
Depreciation & Amortization	N/A	$1.5B+11.6%	$1.3B+12.9%	$1.2B+85.4%	$630.4M-0.7%	$634.7M+3.9%	$610.8M+12.1%	$544.7M+6.8%	$510.1M-3.4%	$528.1M+10.8%	$476.7M+10.9%	$429.9M-9.6%	$475.8M-10.4%	$531.2M-1.9%	$541.3M+12.3%	$481.9M
Stock-Based Compensation	N/A	$43.0M-42.6%	$75.0M-18.8%	$92.4M+10.7%	$83.5M-18.6%	$102.5M-23.1%	$133.3M+29.9%	$102.6M+86.7%	$55.0M+96.6%	$28.0M-26.4%	$38.0M-20.4%	$47.7M-49.7%	$94.8M+9.6%	$86.5M+34.6%	$64.3M+52.0%	$42.3M
Capital Expenditures	$2.2B	$2.3B+15.3%	$2.0B+4.9%	$1.9B+62.5%	$1.2B-4.0%	$1.2B-8.5%	$1.3B+3.1%	$1.3B+11.8%	$1.1B+6.2%	$1.1B+21.6%	$880.4M-20.0%	$1.1B-11.9%	$1.2B+7.5%	$1.2B+0.8%	$1.2B+6.2%	$1.1B
Free Cash Flow	$1.7B	$1.6B-5.2%	$1.7B+34.3%	$1.3B-33.8%	$1.9B+13.2%	$1.7B+90.3%	$886.9M-14.4%	$1.0B+21.8%	$850.9M+26.5%	$672.7M-0.4%	$675.6M-0.2%	$677.1M+16.5%	$581.0M-13.4%	$671.2M+271.3%	$180.8Mn/m	-$582.2M
Investing Cash Flow	-$2.2B	-$1.9Bn/m	-$1.9Bn/m	-$1.6Bn/m	-$1.1Bn/m	-$10.7Bn/m	-$1.6Bn/m	-$1.4Bn/m	-$1.1Bn/m	-$1.0Bn/m	-$796.2Mn/m	-$811.5Mn/m	-$1.0Bn/m	-$1.5Bn/m	-$1.0Bn/m	-$1.0B
Financing Cash Flow	-$2.1B	-$2.3Bn/m	-$1.6Bn/m	-$1.5Bn/m	-$1.7B-121.8%	$7.8Bn/m	-$599.1Mn/m	-$857.1Mn/m	-$1.1Bn/m	-$559.2Mn/m	-$1.1Bn/m	-$691.5Mn/m	-$1.4Bn/m	-$206.8Mn/m	-$30.1M-114.1%	$213.4M
Dividends Paid	$585.8M	$580.5M+17.9%	$492.4M-8.1%	$535.5M+2.5%	$522.5M+31.7%	$396.8M+8.4%	$366.2M+15.2%	$317.9M+24.6%	$255.1M+3.0%	$247.7M+30.4%	$189.9M+16.3%	$163.3M-22.4%	$210.3M-8.3%	$229.4M+2.4%	$223.9M+18.0%	$189.8M
Share Buybacks	$3.0B	$2.9Bn/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$1.2B+35.2%	$874.9M+8.2%	$808.4M+165.6%	$304.4M-66.2%	$901.2M-55.2%	$2.0B+14.0%	$1.8Bn/m	$0	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$1.2B+22.1%	$699.5M-13.0%	$1.1B-6.1%	$914.8M-2.8%	$994.9M+6.5%	$804.0M+7.2%	$1.2B+16.9%	$941.5M+24.1%
Depreciation & Amortization	$365.4M+0.9%	$366.9M+4.7%	$378.5M+11.7%	$361.2M+3.4%	$362.0M+4.7%	$350.5M+1.6%	$338.9M-2.1%	$349.3M+4.8%
Stock-Based Compensation	$66.2M+52.8%	$35.1M+48.5%	N/A	$2.9M-92.5%	$43.3M+558.6%	$23.6M-45.7%	N/A	$38.5M+300.7%
Capital Expenditures	$533.6M-2.2%	$475.9M-3.8%	$574.7M+11.5%	$617.5M+11.5%	$545.5M-7.6%	$494.5M+27.0%	$515.3M-3.0%	$553.6M+2.2%
Free Cash Flow	$681.5M+51.7%	$223.6M-27.7%	$536.8M-19.7%	$297.3M-23.4%	$449.3M+30.8%	$309.5M-14.1%	$668.1M+38.9%	$387.8M+78.5%
Investing Cash Flow	-$536.4Mn/m	-$481.6Mn/m	-$555.7Mn/m	-$633.3Mn/m	-$224.7Mn/m	-$497.3Mn/m	-$494.4Mn/m	-$562.5Mn/m
Financing Cash Flow	-$725.8Mn/m	-$58.1Mn/m	-$714.0Mn/m	-$561.5Mn/m	-$661.5Mn/m	-$336.6Mn/m	-$528.5Mn/m	-$441.1Mn/m
Dividends Paid	$143.6M-6.9%	$146.2M+18.8%	$148.8M+21.0%	$147.2M+12.4%	$154.2M+18.5%	$123.1M-5.8%	$122.9M-8.3%	$131.0M+0.2%
Share Buybacks	$903.2M-11.7%	$487.4M+101.9%	$289.5Mn/m	$1.3Bn/m	$1.0Bn/m	$241.3Mn/m	$0	$0

CP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	37.2%+1.6pp	35.6%+0.7pp	34.9%-2.8pp	37.8%-2.3pp	40.1%-2.8pp	42.9%+2.9pp	40.1%+1.4pp	38.7%+0.3pp	38.4%-0.3pp	38.7%-1.4pp	40.1%+4.7pp	35.3%+12.2pp	23.2%+6.5pp	16.7%-2.0pp	18.7%
Net Margin	27.5%+1.9pp	25.6%-5.7pp	31.3%-8.6pp	39.9%+4.2pp	35.7%+4.0pp	31.7%+0.4pp	31.3%+4.6pp	26.7%-10.0pp	36.7%+11.0pp	25.7%+5.5pp	20.1%-2.2pp	22.3%+8.0pp	14.3%+5.8pp	8.5%-2.5pp	11.0%
Return on Equity	9.0%+1.3pp	7.8%-1.7pp	9.5%+0.4pp	9.0%+0.6pp	8.4%-25.0pp	33.4%-1.1pp	34.5%+5.1pp	29.4%-8.0pp	37.4%+2.8pp	34.6%+6.4pp	28.2%+1.9pp	26.3%+14.0pp	12.3%+2.8pp	9.5%-2.8pp	12.3%
Return on Assets	4.8%+0.6pp	4.2%-0.7pp	4.9%+0.1pp	4.8%+0.6pp	4.2%-6.2pp	10.3%-0.6pp	10.9%+1.7pp	9.2%-2.8pp	11.9%+3.6pp	8.3%+1.4pp	6.9%-2.0pp	8.9%+3.8pp	5.1%+1.9pp	3.3%-0.8pp	4.0%
Current Ratio	0.49-0.1x	0.60+0.1x	0.53-0.1x	0.59+0.2x	0.43-0.1x	0.500.0x	0.530.0x	0.57-0.1x	0.64-0.1x	0.75-0.3x	1.06+0.2x	0.87-0.6x	1.47+0.4x	1.08+0.4x	0.71
Debt-to-Equity	0.430.0x	0.41-0.1x	0.470.0x	0.47-0.1x	0.55-0.6x	1.170.0x	1.15-0.1x	1.23+0.1x	1.15-0.7x	1.870.0x	1.86+0.9x	1.00+0.3x	0.66-0.3x	0.91-0.1x	1.01
Liabilities-to-Equity	0.850.0x	0.81-0.1x	0.900.0x	0.89-0.1x	1.02-1.2x	2.23+0.1x	2.160.0x	2.20+0.1x	2.13-1.0x	3.15+0.1x	3.09+1.1x	1.95+0.6x	1.40-0.5x	1.89-0.1x	2.04
Asset Turnover	0.180.0x	0.170.0x	0.160.0x	0.120.0x	0.12-0.2x	0.330.0x	0.350.0x	0.340.0x	0.330.0x	0.320.0x	0.34-0.1x	0.400.0x	0.360.0x	0.390.0x	0.37
FCF Margin	14.6%-2.2pp	16.8%+3.5pp	13.3%-16.0pp	29.3%+2.4pp	27.0%+12.3pp	14.7%-2.6pp	17.2%+1.4pp	15.9%+3.0pp	12.8%-1.7pp	14.5%+0.6pp	14.0%+3.8pp	10.2%-1.5pp	11.6%+8.5pp	3.2%+14.6pp	-11.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	35.4%-1.0pp	34.0%-0.7pp	41.1%+0.9pp	36.5%+2.6pp	36.3%+1.1pp	34.7%+2.1pp	40.3%+2.1pp	33.9%-1.2pp
Net Margin	24.6%-8.8pp	22.9%-1.1pp	27.5%-3.5pp	25.1%+1.6pp	33.4%+8.2pp	24.0%+2.0pp	31.0%+3.9pp	23.6%+0.2pp
Return on Equity	2.2%-0.5pp	1.8%-0.1pp	2.4%-0.2pp	2.0%+0.1pp	2.7%+0.6pp	1.9%+0.1pp	2.5%0.0pp	1.9%0.0pp
Return on Assets	1.1%-0.3pp	1.0%-0.1pp	1.3%-0.1pp	1.1%0.0pp	1.5%+0.4pp	1.0%+0.1pp	1.4%+0.1pp	1.0%+0.1pp
Current Ratio	0.59-0.3x	0.67-0.1x	0.49-0.1x	0.63+0.1x	0.93+0.4x	0.81+0.3x	0.60+0.1x	0.53-0.2x
Debt-to-Equity	0.480.0x	0.470.0x	0.430.0x	0.470.0x	0.460.0x	0.440.0x	0.41-0.1x	0.42-0.1x
Liabilities-to-Equity	0.89+0.1x	0.87+0.1x	0.850.0x	0.880.0x	0.820.0x	0.80-0.1x	0.81-0.1x	0.84-0.1x
Asset Turnover	0.050.0x	0.040.0x	0.050.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x
FCF Margin	23.3%+6.7pp	8.4%-3.3pp	18.8%-6.1pp	11.3%-3.5pp	16.6%+3.5pp	11.7%-2.1pp	24.8%+8.0pp	14.8%+6.0pp

Not reported in any period shown, so not listed: Gross Margin.

Note: The current ratio is below 1.0 (0.49), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Canadian Pacific Kansas City Limited CP	FY2025	$11.0B	$3.0B	27.5%	$79.7B	54/100
Canadian National Railway CNI	FY2025	$12.6B	$3.4B	27.3%	$73.7B	55/100
Norfolk Southern Corp. NSC	FY2025	$12.2B	$2.9B	23.6%	$73.7B	51/100
CSX Corporation CSX	FY2025	$14.1B	$2.9B	20.5%	$89.7B	52/100
Union Pacific Corp. UNP	FY2025	$24.5B	$7.1B	29.1%	$171.0B	58/100
Wabtec Inc. WAB	FY2025	$11.2B	$1.2B	10.5%	$48.8B	57/100

Where Canadian Pacific Kansas City Limited Ranks

Frequently Asked Questions

What is Canadian Pacific Kansas City Limited's annual revenue?

Canadian Pacific Kansas City Limited (CP) reported $11.0B in total revenue for fiscal year 2025. This represents a 8.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Canadian Pacific Kansas City Limited's revenue growing?

Canadian Pacific Kansas City Limited (CP) revenue grew by 8.9% year-over-year, from $10.1B to $11.0B in fiscal year 2025.

Is Canadian Pacific Kansas City Limited profitable?

Yes, Canadian Pacific Kansas City Limited (CP) reported a net income of $2.8B over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $3.0B, with a net profit margin of 27.5%.

What is Canadian Pacific Kansas City Limited's EBITDA?

Canadian Pacific Kansas City Limited (CP) had EBITDA of $5.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Canadian Pacific Kansas City Limited have?

As of fiscal year 2025, Canadian Pacific Kansas City Limited (CP) had $134.2M in cash and equivalents against $14.5B in long-term debt.

What is Canadian Pacific Kansas City Limited's operating margin?

Canadian Pacific Kansas City Limited (CP) had an operating margin of 37.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Canadian Pacific Kansas City Limited's net profit margin?

Canadian Pacific Kansas City Limited (CP) had a net profit margin of 27.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Canadian Pacific Kansas City Limited pay dividends?

Yes, Canadian Pacific Kansas City Limited (CP) paid $0.64 per share in dividends during fiscal year 2025.

What is Canadian Pacific Kansas City Limited's return on equity (ROE)?

Canadian Pacific Kansas City Limited (CP) has a return on equity of 9.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Canadian Pacific Kansas City Limited's free cash flow?

Canadian Pacific Kansas City Limited (CP) generated $1.6B in free cash flow during fiscal year 2025. This represents a -5.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Canadian Pacific Kansas City Limited's operating cash flow?

Canadian Pacific Kansas City Limited (CP) generated $3.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Canadian Pacific Kansas City Limited's total assets?

Canadian Pacific Kansas City Limited (CP) had $62.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Canadian Pacific Kansas City Limited's capital expenditures?

Canadian Pacific Kansas City Limited (CP) invested $2.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Canadian Pacific Kansas City Limited buy back shares?

Yes, Canadian Pacific Kansas City Limited (CP) spent $2.9B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Canadian Pacific Kansas City Limited have outstanding?

Canadian Pacific Kansas City Limited (CP) had 898M shares outstanding as of fiscal year 2025.

What is Canadian Pacific Kansas City Limited's current ratio?

Canadian Pacific Kansas City Limited (CP) had a current ratio of 0.49 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Canadian Pacific Kansas City Limited's debt-to-equity ratio?

Canadian Pacific Kansas City Limited (CP) had a debt-to-equity ratio of 0.43 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Canadian Pacific Kansas City Limited's liabilities-to-equity ratio?

Canadian Pacific Kansas City Limited (CP) had a liabilities-to-equity ratio of 0.85 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Canadian Pacific Kansas City Limited's return on assets (ROA)?

Canadian Pacific Kansas City Limited (CP) had a return on assets of 4.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Canadian Pacific Kansas City Limited's P/E ratio?

Canadian Pacific Kansas City Limited (CP) trades at 28.7x earnings, its market capitalization divided by $2.8B net income, trailing 12 months to June 30, 2026. The market capitalization is $79.7B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Canadian Pacific Kansas City Limited's price-to-sales ratio?

Canadian Pacific Kansas City Limited (CP) trades at 7.2x sales, its market capitalization divided by $11.1B revenue, trailing 12 months to June 30, 2026. The market capitalization is $79.7B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Canadian Pacific Kansas City Limited's Altman Z-Score?

Canadian Pacific Kansas City Limited (CP) has an Altman Z-Score of 2.35, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Canadian Pacific Kansas City Limited's Piotroski F-Score?

Canadian Pacific Kansas City Limited (CP) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Canadian Pacific Kansas City Limited's earnings high quality?

Canadian Pacific Kansas City Limited (CP) has an earnings quality ratio of 1.28x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Canadian Pacific Kansas City Limited cover its interest payments?

Canadian Pacific Kansas City Limited (CP) has an interest coverage ratio of 6.40x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Canadian Pacific Kansas City Limited?

Canadian Pacific Kansas City Limited (CP) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.