Canadian Pacific Kansas City Limited

CP Industrials Railroads

Canadian Pacific Kansas City Limited’s revenue for fiscal 2025 (year ended December 2025) was $10.8 billion, up 1.65% from fiscal 2024.

Revenue
+13.5%
EPS
+2.30%
Free cash flow
+124.6%
Total debt
+6.51%

Quarter to September 2026, against a year earlier

93.76 0.65 −0.69%
Market cap
$81.5B
P/E
29.9×
Fwd P/E
27.0×
Dividend yield
0.76%
F-score
7/9
Altman Z
2.12
Beneish M
−2.56
Dividend safety
66/100

Canadian Pacific Kansas City Limited (CP) Gross margin

Alert me on Gross margin

Canadian Pacific Kansas City Limited's gross margin over the twelve months to 30 September 2026 was 69.0%, down 1.4 percentage points from fiscal 2025 (70.4%). Over the past ten years it has ranged from 66.9% (fiscal 2022) to 75.1% (fiscal 2020); the current reading is higher than 45% of that period. That is above the Railroads industry median of 30.1% and above the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 70.4% 1.72
FY2024 68.7% 0.67
FY2023 68.0% 1.17
FY2022 66.9% (4.54)
FY2021 71.4% (3.73)
FY2020 75.1% 4.44
FY2019 70.7% 0.63
FY2018 70.1% (0.61)
FY2017 70.7% (2.83)
FY2016 73.5% 2.57

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 67.0% (0.48)
Jun 2026 67.5% (1.55)
Mar 2026 69.1% (3.54)
Dec 2025 72.6% 2.48
43 more quarters

Against its own ten years

Low 66.9% High 75.1%
Ten-year median 70.7%
Current reading's percentile 30

Gross margin against peers

Company Gross margin
CSX CSX Corporation compare 69.6%
CP Canadian Pacific Kansas City Limited 69.0%
NSC Norfolk Southern Corporation compare 67.6%
UNP Union Pacific Corporation compare 58.4%
WAB Wabtec compare 35.6%
TRN Trinity Industries, Inc. compare 24.6%
FSTR L.B. Foster Company compare 20.9%
GBX Greenbrier Companies, Inc. (The) compare 13.6%
RAIL Freightcar America, Inc. compare 12.5%
Railroads industry median 30.1%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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