Every 10-Q that Canadian Pacific Kansas City Limited (CP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CP filings page.
Canadian Pacific Kansas City Limited reported second-quarter 2026 total revenues of $4,164 million, up 13% from 2025, with freight revenues of $4,088 million. Operating income was $1,472 million. Net income attributable to controlling shareholders declined to $1,024 million, and diluted EPS fell 14% to $1.15, while Core adjusted diluted EPS rose 13% to $1.27. The operating ratio increased to 64.6%, and Core adjusted operating ratio to 61.6%.
Workload grew, with gross ton-miles up 6% and fuel efficiency improving 4% to 0.992 gallons per 1,000 GTMs, supported by strong Grain, Automotive, Metals, minerals and consumer products, and Intermodal volumes. Net cash from operating activities reached $1,726 million in the quarter and $2,702 million year-to-date, funding $758 million of property additions in Q2 and significant shareholder returns.
During Q2 2026 the company repurchased 10,855,699 Common Shares for $1,298 million under its normal course issuer bid and paid dividends of $0.268 per share. Long-term debt rose to $22,248 million after issuing U.S. $1.2 billion of notes, while a U.S. $2.2 billion committed credit facility remained undrawn and commercial paper outstanding totaled $1,461 million. Environmental remediation provisions stood at $248 million.
Canadian Pacific Kansas City Limited reported softer first-quarter 2026 results, with total revenues of $3,701 million, down 2% from 2025, as weaker pricing from FX and fuel surcharges offset volume growth in key franchises like Grain and Intermodal.
Net income attributable to controlling shareholders was $846 million versus $910 million a year earlier, and diluted EPS declined to $0.94 from $0.97. Operating ratio worsened to 66.0%, while Core adjusted diluted EPS was $1.04, slightly below $1.06 in 2025.
Cash from operations remained strong at $976 million. The company invested heavily in properties, issued two new U.S. dollar note tranches totaling $1.2 billion, and repurchased about 5.7 million shares for $646 million under its buyback. It also raised the quarterly dividend by 17.5% to $0.268 per share and expanded its commercial paper capacity.
Canadian Pacific Kansas City (CP) reported Q3 results showing modest growth and improved efficiency. Total revenues were $3,661 million, up 3% year over year, driven by higher freight volumes across Intermodal, Grain, Potash, Coal, and Automotive. Operating income rose to $1,336 million and diluted EPS increased 12% to $1.01. The operating ratio improved to 63.5%, a 260 bps gain, as expenses were held roughly flat while revenue grew.
Cash generation stayed solid with $1,274 million from operating activities in Q3. The company continued heavy buybacks under its NCIB, repurchasing 17,726,296 shares in the quarter for $1,892 million at a $106.74 average; year‑to‑date repurchases totaled 34,089,408 shares for $3,665 million. CPKC issued multiple unsecured notes in 2025, including $500 million 4.00% (2032), $600 million 4.40% (2036), $300 million 4.80% (2055), and US$600 million 4.80% (2030) plus US$600 million 5.20% (2035); commercial paper outstanding was US$1,138 million as of September 30. Earlier in the year, CPKC closed the sale of its 50% stake in the Panama Canal Railway Company for $493 million cash and recorded a $333 million pre‑tax gain.