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CPCanadian Pacific Kansas City Ltd.
$85.67$76.9B
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CP logoCanadian Pacific Kansas City Ltd. (CP) Earnings History

Steady Earner

29 years of earnings data (1997–2025) · Positive but moderate multi-year EPS trajectory

TTM Net Income
$4.08B
● Profitable
TTM EPS (Diluted)
$4.54
Per share, diluted
YoY EPS Growth
+13.3%
Strong
Net Margin
27.5%
After-tax profitability
EPS Growth Rate (CAGR)
1Y+13.3%
3Y+6.2%
5Y+4.7%
10Y+10.4%
Operating Margin37.2%
Gross Margin52.2%
Return on Equity8.7%
Return on Assets4.8%
Record Annual Net Income$4.14BFY2025
Record Quarterly EPS$1.86Q2 2021
Consecutive Profitable Years29years
Q1 2026
Net Income$846M
EPS (Diluted)$0.94
YoY Growth+13.3%Strong
QoQ Growth-21.4%Declining

Loading earnings history...

Canadian Pacific Kansas City Ltd. (CP) Earnings Overview

As of June 23, 2026, Canadian Pacific Kansas City Ltd. (CP) reported trailing twelve-month net income of $4.08B, reflecting +13.3% year-over-year growth. The company earned $4.54 per diluted share over the past four quarters, with a net profit margin of 27.5%.

Looking at the long-term picture, CP's 5-year EPS compound annual growth rate (CAGR) stands at +4.7%, reflecting modest earnings expansion. The company achieved its highest annual net income of $4.14B in fiscal 2025, representing a new all-time high.

Canadian Pacific Kansas City Ltd. maintains industry-leading profitability with a gross margin of 52.2%, operating margin of 37.2%, and net margin of 27.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including CNI ($4.71B net income, 27.3% margin), UNP ($5.51B net income, 29.1% margin), CSX ($3.05B net income, 20.5% margin), CP has outperformed on profitability metrics. Compare CP vs CNI →

CP Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
CP logoCPCurrent
$4.1B$4.5427.5%8.7%+13.3%—
CNI logoCNI
$4.7B$7.6927.3%22.1%+7.8%
UNP logoUNP
$5.5B$9.2929.1%40.4%+7.9%
CSX logoCSX
$3.0B$1.6420.5%22.5%-14.0%
NSC logoNSC
$2.7B-23.6%19.2%+10.2%
WAB logoWAB
$1.2B$7.0910.5%11.0%+13.1%
Best in group
Lowest in group

CP Historical Earnings Data (1997–2025)

29 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$4.14B+11.4%$5.61B$4.5127.5%37.2%
2024$3.72B-5.3%$5.18B$3.9825.6%35.6%
2023$3.93B+11.7%$4.39B$4.2131.3%35.0%
2022$3.52B+23.3%$3.33B$3.7739.9%37.8%
2021$2.85B+16.7%$3.21B$4.1835.7%40.1%
2020$2.44B+0.2%$3.31B$3.5931.7%42.9%
2019$2.44B+25.1%$3.12B$3.5031.3%40.1%
2018$1.95B-18.9%$2.83B$2.7226.7%38.7%
2017$2.40B+50.4%$2.52B$3.2936.7%38.4%
2016$1.60B+18.3%$2.41B$2.1325.7%38.7%
2015$1.35B-8.4%$2.69B$1.6820.1%40.0%
2014$1.48B+68.7%$2.34B$1.6922.3%35.3%
2013$875M+80.8%$1.42B$0.9914.3%23.2%
2012$484M-15.1%$949M$0.568.5%16.7%
2011$570M-12.4%$967M$0.6711.0%18.7%
2010$651M+17.2%$1.12B$0.7713.1%22.4%
2009$555M-10.3%$830M$0.6712.6%18.9%
2008$619M-34.6%$1.04B$0.8012.9%21.6%
2007$946M+18.8%$1.16B$1.2220.1%24.7%
2006$796M+46.7%$1.13B$1.0017.4%24.6%
2005$543M+31.5%$1.99B$0.6812.4%45.4%
2004$413M+3.6%$714M$0.5210.6%18.3%
2003$399M-19.6%$487M$0.5010.9%13.3%
2002$496M+20.9%$844M$0.6113.5%23.0%
2001$410M-22.9%$819M$0.4511.1%22.1%
2000$532M+695.7%$845M$0.6714.6%23.1%
1999$67M-81.5%$262M$0.081.9%7.5%
1998$362M-22.7%$736M$0.4610.3%20.9%
1997$469M-$802M$0.5912.6%21.6%

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CP — Frequently Asked Questions

Quick answers to the most common questions about buying CP stock.

What is CP earnings per share (EPS)?

CP trailing twelve-month (TTM) diluted EPS is $4.54, reflecting +13.3% year-over-year growth. The 5-year EPS CAGR is +4.7%. Complete EPS history from 1997 to 2025 is available in the table on this page.

What is Canadian Pacific Kansas City Ltd.'s net income?

Canadian Pacific Kansas City Ltd. (CP) trailing twelve-month net income is $4.1B as of 2025. Earnings grew +13.3% year-over-year. Canadian Pacific Kansas City Ltd. has been profitable for 29 consecutive years.

Is CP profitable?

Yes, CP is profitable with a TTM net income of $4.1B and a net profit margin of +27.5%. Canadian Pacific Kansas City Ltd. has generated profits for 29 consecutive years.

What is CP's earnings growth rate?

CP compound annual EPS growth rates (CAGR): 1-Year: +13.3%, 3-Year: +6.2%, 5-Year: +4.7%, 10-Year: +10.4%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1997 to 2025.

What are CP's profit margins?

Canadian Pacific Kansas City Ltd. net profit margin is +27.5%, operating margin is +37.2%, and gross margin is +52.2%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +8.7%.

Is CP growing earnings?

CP is growing earnings steadily. YoY EPS growth of +13.3% is consistent with the 5-year CAGR of +4.7%. TTM net income is $4.1B.

What was CP's best earnings year?

Canadian Pacific Kansas City Ltd.'s highest annual net income on record is $4.1B, achieved in fiscal year 2025. Earnings history on this page spans 1997 to 2025 and includes all annual and quarterly figures.

What were CP's earnings last quarter?

CP's most recent reported quarter was Q1 2026. Net income was $846M with diluted EPS of $0.94. For a full breakdown of all quarters, see the quarterly earnings table on this page.

CP Earnings Over Time (1997–2025)

Net income & EPS — annual and quarterly view