Canadian Pacific Kansas City revenue and financials

CP · TSX · CAD

$121.44−0.85%−$1.04

Close · October 6, 2026

In the fiscal year ended December 2025, Canadian Pacific Kansas City reported revenue of $15.08B (+3.66% year over year). Net income was $4.14B, a net margin of 27.5%.

Annual revenue · 2025: $15.08B

$6.23B2016
$6.55B2017
$7.32B2018
$7.79B2019
$7.71B2020
$8B2021
$8.81B2022
$12.56B2023
$14.55B2024
$15.08B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +3.66%; 2025 vs 2024
Net income growth: +11.38%; 2025 vs 2024
Net margin: 27.5%; 2024: 25.6%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	85,945	87,744	79,902	73,495	68,177	23,640	22,367	21,254	20,135	19,221
Current assets	2,939	3,384	3,002	1,889	1,352	1,321	1,210	1,117	1,274	1,009
Cash and equivalents	184	739	464	451	69.0	147	133	61.0	338	164
Receivables	2,029	1,968	1,887	1,016	819	825	805	815	687	591
Inventory	502	457	400	284	235	208	182	173	152	184
Net property, plant and equipment	55,745	56,388	52,091	22,652	21,487	20,422	19,202	18,119	17,016	16,689
Goodwill	18,436	19,350	17,729	344	328	329	194	194	178	191
Other intangible assets	2,911	3,146	2,974	42.0	43.0	353	324	307	9.0	11.0
Long-term investments	473	586	533	45,314	42,518	199	341	203	182	194
Current liabilities	5,991	5,661	5,710	3,213	3,159	2,653	2,292	1,955	1,984	1,347
Accounts payable	682	768	680	503	432	401	453	474	402	352
Long-term debt	23,188	22,623	22,494	19,651	20,127	9,771	8,757	8,696	8,159	8,684
Total debt	23,598	22,989	22,838	19,921	20,410	10,082	9,111	8,696	8,214	8,753
Total liabilities	39,120	38,854	37,491	34,609	34,348	16,321	15,298	14,618	13,698	14,595
Total equity (incl. minority)	46,825	48,890	42,411	38,886	33,829	7,319	7,069	6,636	6,437	4,626
Retained earnings	19,783	19,429	16,420	13,201	10,391	8,095	7,550	6,635	6,103	4,371
Minority interest	948	998	919	0.0	—	—	—	—	—	—