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Canadian Pacific Kansas City (CP) investor relations material
Canadian Pacific Kansas City Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.2025 financial performance
Total revenue $15.1B, up 8% YoY; operating income $5.6B, up 4%; operating ratio 62.8%, down 160 bps.
Net income attributable to controlling shareholders $4.1B, up 11%; diluted EPS $4.51, up 13%.
Core adjusted operating income $6.1B, up 6%; core adjusted operating ratio 59.9%, down 140 bps; core adjusted income $4.2B, up 8%; core adjusted diluted EPS $4.61, up 8%.
Network reach and commercial mix
20,000-mile rail network spanning Canada, the U.S. and Mexico; 20,000 railroaders and 786-mile average haul in 2025.
Only single-line railroad connecting Canada, the U.S. and Mexico; network includes 30+ ports, 200+ transloads and 30+ auto facilities.
2025 freight revenue mix: merchandise 46%, bulk 36% and intermodal 18%; total freight revenue growth of 4% vs. 2024.
Nearshoring tailwinds include Mexico’s manufacturing base, trade agreements and potential reductions in transport cost and transit time to the U.S. and Canada.
Operating performance and safety
Q3 2026 vs. Q3 2025: average train speed improved 8%, locomotive productivity 4%, terminal dwell 7% and fuel efficiency 3%.
Precision railroading, faster and heavier trains, and lower dwell are positioned to improve asset utilization, add network capacity and reduce costs.
Lowest FRA-reportable train accident frequency among Class 1 railroads in 2025 for the third consecutive year; more than half of capital investments go to safety and replacement initiatives.
- Revenue rose 15% and adjusted EPS 16%, led by grain and intermodal growth.CP
Q3 2026 - Q4 gains and integration synergies set up double-digit adjusted EPS growth guidance for 2024.CP
Q4 2023 - Merger synergies, network investments, and trade momentum fuel above-industry growth outlook.CP
Morgan Stanley's 14th Annual Laguna Conference - North America's only single-line rail network delivers growth, efficiency, and sustainability.CP
Investor presentation - Industry-leading North American rail network delivers strong growth, innovation, and sustainability.CP
Investor presentation - Q2 2026 revenue up 13% to $4.2B, core EPS up 13%, led by grain and automotive growth.CP
Q2 2026 - Record margins, EPS growth, and strong grain volumes set up a robust 2026 outlook.CP
Q4 2025 - Q3 revenue up 6% to $3.5B, EPS at $0.90, and double-digit EPS growth expected for 2024.CP
Q3 2024 - Q2 revenue up 14%, core adjusted EPS up 27%, and operating ratio improved to 61.8%.CP
Q2 2024
Next Canadian Pacific Kansas City earnings date
Next Canadian Pacific Kansas City earnings date
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