CP

Canadian Pacific Railway
D

CP

Arincen63/100B

If you had invested in Canadian Pacific Railway ago, it would be worth $3,568 today, against $4,111 in SPY and $6,388 in QQQ.

ArincenArincen ScoreBeta

63/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength2

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Canadian Pacific Railway key facts

Style
Growth stock · 6.1/10Growth 6.1 · Value 3.9 · Dividend 2.2
Day range
93.300 – 94.060
52-week range
68.830 – 96.900
Market capitalization
81.52B USD
P/E
30.71
PEG ratio
2.45
EPS
3.05
Div Yield
0.81%
EPS growth forecast (FY2026)
+9.7%
Volume
0
Beta
1.16
ESG score
60.3/100Environment 55 · Social 53 · Governance 72
Sector
Industrials
Industry
Railroads
CEO
Keith E. Creel
Employees
20K
Website
cpkcr.com
IPO date
30 Dec 1983

Canadian Pacific Railway earnings

Next earnings · Q4 FY2026
EPS estimate
1.10 USD
Revenue estimate
3.16B USD
Last quarter · Q3 FY2026
EPS0.91Missed -3.2%Revenue2.96BBeat +0.2%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20271.05——+14.98%3.14B——+5.89%
Q2 FY20271.03——+25.83%3.14B——+7.24%
Q1 FY20270.86——+13.55%2.92B——+9.89%
Q4 FY20261.10——+15.79%3.16B——+10.75%
Q3 FY20260.940.91-3.19%+13.75%2.96B2.96B+0.20%-19.07%
Q2 FY20260.870.82-6.64%+0.74%2.89B2.93B+1.34%+7.90%
Q1 FY20260.780.76-2.56%+2.70%2.70B2.66B-1.43%+0.90%
Q4 FY20250.990.95-4.04%+3.26%2.86B2.86B-0.28%+6.12%
Q3 FY20250.810.80-1.23%+9.59%2.64B3.66B+38.84%+39.58%
Q2 FY20250.820.81-1.22%+5.19%2.79B2.72B-2.64%+3.20%

Canadian Pacific Railway analyst forecast

12-month price target
110.20 USD
+17.55%

Analysts' 1-year price targets range from 96.00 to 140.00, with an average of 110.20.

Past year
1-year forecast
Strong sellStrong buy
Buy
9 ratings
Buy
7
Hold
2
Sell
0

12-month price target

Highest target140.00
Average target110.20
Lowest target96.00
Current price93.75

Canadian Pacific Railway valuation

Price to earnings ratio (TTM)
30.71
Forward P/E (FY2026)
25.89
Price to sales (TTM)
7.26
Price to book
2.54
EV / EBITDA (TTM)
16.98

Capital structure

Market capitalization
81.52B USD
+
Total debt
18.14B USD
−
Cash and short-term investments
280.03M USD
=
Enterprise value
99.38B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)19.63————
FY2027 (est.)22.3819.63———
FY2026 (est.)25.8922.38———
Now (TTM)30.7122.807.262.5416.98
FY202522.3522.516.142.0214.24
FY202426.1522.516.682.0315.97
FY202324.8024.927.762.35-162.18
FY202226.7226.8510.662.4220.07
FY202121.6524.717.731.8316.86

Canadian Pacific Railway against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Norfolk Southern, CSX, Westinghouse Air Brake Technologies, and Union Pacific, the US Railroads companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median30.7
    18.636.6
  • Gross marginAbove its median53.8%
    51.3%57.4%
    Against its peers: 2 of 5Peers' median 37.8%
  • Operating marginAt its median37.2%
    35.0%40.1%
    Against its peers: 2 of 5Peers' median 32.5%
  • Net marginBelow its median27.5%
    25.6%39.9%
    Against its peers: 2 of 5Peers' median 22.0%
  • Return on equityAt its median9.0%
    7.8%9.5%
    Against its peers: 5 of 5Peers' median 20.2%
  • Free cash flow marginBelow its median14.4%
    13.0%29.3%
    Against its peers: 3 of 5Peers' median 15.6%
  • Revenue growthLowest in 5 years3.7%
    3.7%42.4%
    Against its peers: 2 of 5Peers' median 0.8%
  • EPS growthAbove its median13.3%
    -9.8%16.4%
    Against its peers: 1 of 5Peers' median 9.1%
  • Debt to EBITDALowest in 5 years2.86×
    2.86×4.19×
    Against its peers: 3 of 5Peers' median 2.69×
  • Current ratioBelow its median0.49
    0.430.60
    Against its peers: 5 of 5Peers' median 0.88

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Canadian Pacific Railway growth and profitability

Revenue (TTM)
16.01B CAD
Net income (TTM)
3.86B CAD
Gross margin
65.65%
Operating margin
36.42%
Net margin
24.14%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202515.08B+3.66%4.14B+11.38%53.82%37.20%27.46%8.12B+8.59%
FY202414.55B+15.86%3.72B-5.32%51.86%35.60%25.56%7.47B—
FY202312.56B+42.44%3.93B+11.66%51.31%34.95%31.28%-739.00M-113.08%
FY20228.81B+10.24%3.52B+23.32%52.11%37.77%39.90%5.65B+15.99%
FY20218.00B+3.70%2.85B+16.69%57.37%40.10%35.67%4.87B+9.73%

Canadian Pacific Railway revenue breakdown

By product

FY2025
Cargo and Freight: 49.7%Grain Revenue: 10.8%Energy, Chemicals and Plastic Revenue: 9.7%Intermodal: 9.0%Metals, Minerals and Consumer Products Revenue: 6.0%Automotive: 4.4%Coal Revenue: 3.4%Forest Products Revenue: 2.7%Potash Revenue: 2.2%Fertilizer and Sulphur Revenue: 1.4%Non-freight excluding leasing revenues: 0.6%49.7%Cargo and Freight10.8%Grain Revenue9.7%Energy, Chemicals and Plastic Revenue9.0%Intermodal6.0%Metals, Minerals and Consumer Products Revenue4.4%Automotive3.4%Coal Revenue2.7%Forest Products Revenue2.2%Potash Revenue1.4%Fertilizer and Sulphur Revenue
SegmentRevenueShare of revenueChange on the year
Cargo and Freight14.78B49.7%+3.9%
Grain Revenue3.22B10.8%+6.8%
Energy, Chemicals and Plastic Revenue2.90B9.7%+1.6%
Intermodal2.68B9.0%+6.1%
Metals, Minerals and Consumer Products Revenue1.79B6.0%+0.8%
Automotive1.31B4.4%+2.3%
Coal Revenue1.03B3.4%+8.7%
Forest Products Revenue792.00M2.7%-2.9%
Potash Revenue640.00M2.2%+4.2%
Fertilizer and Sulphur Revenue423.00M1.4%+4.2%
Non-freight excluding leasing revenues193.00M0.6%+1.0%

By region

FY2025
Canada: 48.0%United States: 34.0%Mexico: 18.0%48.0%Canada34.0%United States18.0%Mexico
RegionRevenueShare of revenueChange on the year
Canada7.24B48.0%+4.4%
United States5.12B34.0%+2.7%
Mexico2.71B18.0%+3.4%

How Canadian Pacific Railway makes its money

Revenue15.08B 100.0%
Cost of revenue6.96B 46.2%
Gross profit8.12B 53.8%
Other operating expenses2.51B 16.6%
Operating income5.61B 37.2%
Tax1.35B 8.9%
Other expense123.00M 0.8%
Net income4.14B 27.5%

FY2025, in CAD. Each band is as wide as its money; the percentage is its share of revenue.

Canadian Pacific Railway dividends

Annual dividend
0.76 USD
Dividend yield (indicated)
0.81%
Payout ratio
29.41%
Years of dividend growth
3
Frequency
Quarterly
Next payment
0.19 USD
Next ex-dividend date
31 Dec 2026
Next payment date
25 Jan 2027

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share0.600.560.560.590.600.510.440.370.320.26

Canadian Pacific Railway financial health

Cash and short-term investments
399.00M CAD
Total debt
25.85B CAD
Net cash
-25.45B CAD
Free cash flow (TTM)
2.93B CAD
Current ratio
0.52
Debt to equity
0.56
Piotroski score
8 / 9
Altman Z-score
2.29

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025184.00M23.19B2.17B
FY2024739.00M22.99B2.41B
FY2023464.00M22.84B1.64B
FY2022451.00M19.92B2.59B
FY202182.00M20.41B2.16B

Canadian Pacific Railway ownership

Institutions
69.21%
Institutional holders
1,010 (+29)
Free float
94.63%

Who owns the shares

Institutions 69.2% Others 30.8%
As of 30 Jun 2026

Shares free to trade

Free float 822.87M shares ·94.6% Closely held 46.69M shares ·5.4%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q2 2017003.80K16.40K
Q1 201707300.32K256.93K
Q4 20160218.80K110.99K
Q3 2016013.08K9.85M

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025916.20M917.10M-1.87%
FY2024933.00M934.60M+0.10%
FY2023931.30M933.70M+0.09%
FY2022930.00M932.90M+36.63%
FY2021679.70M682.80M+0.41%

Source: Financial Modeling Prep

Title: Canadian Pacific Kansas City Limited

Sector: Industrials
Industry: Railroads
Canadian Pacific Kansas City is a Class I railroad operating on tracks that span most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CPKC operates new single-linehaul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross-border and intra-Mexico freight via operating concessions on more than 3,000 miles of rail in Mexico. CPKC hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.

Common questions about Canadian Pacific Railway stock