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.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	15,078	14,546	12,555	8,814	7,995	7,710	7,792	7,316	6,554	6,232
Cost of revenue	6,963	7,003	6,297	4,221	3,408	3,278	3,448	3,281	2,979	2,898
Gross profit	8,115	7,543	6,258	4,593	4,587	4,432	4,344	4,035	3,575	3,334
Selling, general and administrative	—	—	—	—	553	—	—	—	—	—
Operating income	5,609	5,179	4,388	3,329	3,206	3,311	3,124	2,831	2,519	2,411
EBIT	6,096	5,643	4,715	3,740	3,776	3,653	3,505	3,215	2,793	2,578
EBITDA	8,115	7,543	6,258	4,593	4,587	4,432	4,167	3,862	3,399	3,155
Interest expense	876	801	771	652	446	462	454	455	475	472
Pre-tax income	5,482	4,772	-3,053	4,145	3,620	3,202	3,146	2,588	2,498	2,152
Income tax	1,345	1,059	-6,976	628	768	758	706	637	93.0	553
Net income	4,141	3,718	3,927	3,517	2,852	2,444	2,440	1,951	2,405	1,599
Net income to common shareholders	4,141	3,718	3,927	3,517	2,852	2,444	2,440	1,951	2,405	1,599
Basic EPS	4.52	3.98	4.22	3.78	4.20	3.61	3.52	13.65	16.49	10.69
Diluted EPS	4.51	3.98	4.21	3.77	4.18	3.59	3.50	13.61	16.44	10.63
Average shares (basic)	916	933	931	930	680	677	694	715	730	748
Average shares (diluted)	917	935	934	933	683	680	696	143	146	151
Dividend per share	0.87	0.76	0.76	0.76	0.76	0.71	0.63	0.50	0.44	0.37