Canadian Pacific Kansas City
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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.
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Investor presentation summary29 Oct, 2026

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.

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26th Annual Scotiabank Transportation & Industrials Conference17 Nov, 2026
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26th Annual Scotiabank Transportation & Industrials Conference17 Nov, 2026

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Frequently asked questions

Canadian Pacific Kansas City Limited (formerly, pre-merger, Canadian Pacific Railway Limited), owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight consisting of finished vehicles and machinery, forestry products, chemicals and plastics. The company's rail network also provides intermodal traffic services.