Cash flow Canadian Pacific Kansas City Limited

Equities

CP

CA13646K1084

Ground Freight & Logistics

Market Closed - Toronto S.E. Other stock markets 21:00:00 10/04/2026 BST			5-day change	1st Jan Change
111.69 ^CAD	-0.56%		+1.69%	+10.53%

04-10	RBC on Canadian Rails' Q1 Carload, Performance Metrics	MT
04-06	CIBC on CPKC's March Share Buyback Activity	MT

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Published financial data: CANADIAN PACIFIC KANSAS CITY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	7.82B	8.63B	12.28B	14.22B	14.78B
Other Revenues, Total	179M	187M	274M	323M	302M
Total Revenues	8B	8.81B	12.56B	14.55B	15.08B
Cost of Goods Sold, Total	3.28B	4.01B	5.97B	7B	6.96B
Gross Profit	4.72B	4.8B	6.58B	7.54B	8.12B
Depreciation & Amortization - (IS)	811M	853M	1.54B	1.9B	2.02B
Other Operating Expenses	128M	133M	139M	-	-
Other Operating Expenses, Total	939M	986M	1.68B	1.9B	2.02B
Operating Income	3.78B	3.81B	4.9B	5.64B	6.1B
Interest Expense, Total	-446M	-652M	-771M	-801M	-876M
Interest And Investment Income	6M	-	-	-	-
Net Interest Expenses	-440M	-652M	-771M	-801M	-876M
Income (Loss) On Equity Invest.	-141M	1.07B	230M	-	-
Currency Exchange Gains (Loss)	11M	-	-47M	2M	14M
Other Non Operating Income (Expenses)	-1M	-17M	1M	18M	-13M
EBT, Excl. Unusual Items	3.2B	4.22B	4.31B	4.86B	5.22B
Merger & Related Restructuring Charges	415M	-74M	-190M	-112M	-72M
Gain (Loss) On Sale Of Investments	-	-	-	-	333M
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-7.18B	22M	-
EBT, Incl. Unusual Items	3.62B	4.14B	-3.05B	4.77B	5.48B
Income Tax Expense	768M	628M	-6.98B	1.06B	1.34B
Earnings From Continuing Operations	2.85B	3.52B	3.92B	3.71B	4.14B
Net Income to Company	2.85B	3.52B	3.92B	3.71B	4.14B
Minority Interest	-	-	4M	5M	4M
Net Income - (IS)	2.85B	3.52B	3.93B	3.72B	4.14B
Net Income to Common Incl Extra Items	2.85B	3.52B	3.93B	3.72B	4.14B
Net Income to Common Excl. Extra Items	2.85B	3.52B	3.93B	3.72B	4.14B
Per Share Items
Net EPS - Basic	4.2	3.78	4.22	3.98	4.52
Basic EPS - Continuing Operations	4.2	3.78	4.22	3.98	4.52
Basic Weighted Average Shares Outstanding	680M	930M	931M	933M	916M
Net EPS - Diluted	4.18	3.77	4.21	3.98	4.51
Diluted EPS - Continuing Operations	4.18	3.77	4.21	3.98	4.51
Diluted Weighted Average Shares Outstanding	683M	933M	934M	935M	917M
Normalized Basic EPS	2.95	2.84	2.9	3.26	3.57
Normalized Diluted EPS	2.93	2.83	2.89	3.26	3.56
Dividend Per Share	0.76	0.76	0.76	0.76	0.87
Payout Ratio	17.78	20.1	18	19.07	19.22
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	4.55B	4.67B	6.44B	7.54B	8.12B
EBITA	3.78B	3.82B	4.96B	5.73B	6.18B
EBIT	3.78B	3.81B	4.9B	5.64B	6.1B
EBITDAR	4.64B	4.77B	6.57B	7.69B	8.25B
Total Revenues (As Reported)	8B	8.81B	12.56B	14.55B	15.08B
Effective Tax Rate - (Ratio)	21.22	15.15	228.5	22.19	24.53
Current Domestic Taxes	404M	333M	377M	409M	369M
Current Foreign Taxes	122M	159M	532M	622M	805M
Total Current Taxes	526M	492M	909M	1.03B	1.17B
Deferred Domestic Taxes	-179M	177M	238M	206M	286M
Deferred Foreign Taxes	421M	-41M	-8.12B	-178M	-115M
Total Deferred Taxes	242M	136M	-7.88B	28M	171M
Normalized Net Income	2B	2.64B	2.7B	3.04B	3.27B
Interest Capitalized	13M	-	-	-	-
Interest on Long-Term Debt	459M	-	2M	2M	1M
Non-Cash Pension Expense	-402M	-422M	-362M	-376M	-439M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	40M	-	-	-	-
Net Rental Expense, Total	92M	101M	132M	144M	138M
Imputed Operating Lease Interest Expense	22.16M	26.12M	38.08M	40.27M	41.52M
Imputed Operating Lease Depreciation	69.84M	74.88M	93.92M	104M	96.48M
Stock-Based Comp., COGS (Total)	131M	113M	122M	108M	59M
Total Stock-Based Compensation	131M	113M	122M	108M	59M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	69M	451M	464M	739M	184M
Total Cash And Short Term Investments	69M	451M	464M	739M	184M
Accounts Receivable, Total	594M	758M	1.5B	1.56B	1.63B
Other Receivables	225M	258M	391M	408M	398M
Total Receivables	819M	1.02B	1.89B	1.97B	2.03B
Inventory	235M	284M	400M	457M	502M
Restricted Cash	13M	-	-	-	-
Other Current Assets, Total	216M	138M	251M	220M	224M
Total Current Assets	1.35B	1.89B	3B	3.38B	2.94B
Gross Property Plant And Equipment	29.54B	31.95B	62.13B	67.85B	68.07B
Accumulated Depreciation	-8.37B	-9.3B	-10.04B	-11.46B	-12.32B
Net Property Plant And Equipment	21.16B	22.65B	52.09B	56.39B	55.74B
Long-term Investments	42.52B	45.31B	533M	586M	473M
Goodwill	328M	344M	17.73B	19.35B	18.44B
Other Intangibles, Total	367M	42M	2.97B	3.15B	2.91B
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	2.45B	3.25B	3.57B	4.89B	5.44B
Total Assets	68.18B	73.5B	79.9B	87.74B	85.94B
Liabilities
Accounts Payable, Total	432M	503M	680M	768M	682M
Accrued Expenses, Total	689M	652M	1.09B	1.21B	1.1B
Current Portion of Long-Term Debt	1.45B	1.5B	3.13B	2.8B	3.22B
Current Portion of Leases	163M	76M	116M	126M	128M
Current Income Taxes Payable	164M	177M	255M	379M	459M
Unearned Revenue Current, Total	20M	-	-	-	-
Other Current Liabilities	245M	303M	437M	376M	396M
Total Current Liabilities	3.16B	3.21B	5.71B	5.66B	5.99B
Long-Term Debt	18.54B	18.11B	19.32B	19.78B	19.94B
Long-Term Leases	260M	232M	273M	275M	309M
Unearned Revenue Non Current	51M	54M	84M	87M	72M
Pension & Other Post Retirement Benefits	718M	538M	581M	548M	537M
Deferred Tax Liability Non Current	11.35B	12.2B	11.05B	11.97B	11.83B
Other Non Current Liabilities	267M	264M	471M	526M	444M
Total Liabilities	34.35B	34.61B	37.49B	38.85B	39.12B
Common Stock, Total	25.48B	25.52B	25.6B	25.69B	24.75B
Additional Paid In Capital	66M	78M	88M	94M	105M
Retained Earnings	10.39B	13.2B	16.42B	19.43B	19.78B
Comprehensive Income and Other	-2.1B	91M	-618M	2.68B	1.24B
Total Common Equity	33.83B	38.89B	41.49B	47.89B	45.88B
Minority Interest	-	-	919M	998M	948M
Total Equity	33.83B	38.89B	42.41B	48.89B	46.82B
Total Liabilities And Equity	68.18B	73.5B	79.9B	87.74B	85.94B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	930M	931M	932M	934M	898M
ECS Total Common Shares Outstanding	930M	930M	932M	934M	898M
Book Value / Share	36.39	41.79	44.51	51.3	51.11
Tangible Book Value	33.13B	38.5B	20.79B	25.4B	24.53B
Tangible Book Value Per Share	35.64	41.38	22.3	27.21	27.33
Total Debt	20.41B	19.92B	22.84B	22.99B	23.6B
Net Debt	20.34B	19.47B	22.37B	22.25B	23.41B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-2.05B	-2.93B	-3.17B	-4.43B	-4.97B
Debt Equivalent Oper. Leases	736M	808M	1.06B	1.15B	1.1B
Minority Interest, Total (Incl. Fin. Div)	-	-	919M	998M	948M
Equity Method Investments, Total	42.47B	45.09B	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	-	-	5.27B	5.7B	5.51B
Buildings, Total	1.02B	1.07B	1.73B	1.93B	1.99B
Machinery, Total	4.5B	4.92B	7.94B	8.54B	9.01B
Full Time Employees	11.83K	12.75K	19.93K	19.8K	19.48K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	20M	27M	63M	75M	91M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.85B	3.52B	3.93B	3.72B	4.14B
Depreciation & Amortization - CF	771M	850M	1.48B	1.82B	1.93B
Amortization of Goodwill and Intangible Assets - (CF)	-	3M	61M	85M	87M
Depreciation & Amortization, Total	771M	853M	1.54B	1.9B	2.02B
Amortization of Deferred Charges, Total - (CF)	40M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	7.18B	-	-333M
(Income) Loss On Equity Investments - (CF)	141M	83M	70M	-	-
Other Operating Activities, Total	-50M	-219M	-8.27B	-373M	-322M
Change In Accounts Receivable	32M	-147M	-317M	-133M	32M
Change In Inventories	-14M	-27M	1M	-36M	-53M
Change In Accounts Payable	-108M	95M	57M	202M	-271M
Change in Other Net Operating Assets	24M	-13M	-49M	-9M	96M
Cash from Operations	3.69B	4.14B	4.14B	5.27B	5.31B
Capital Expenditure	-1.53B	-1.56B	-2.5B	-2.86B	-3.14B
Sale of Property, Plant, and Equipment	96M	58M	57M	64M	58M
Cash Acquisitions	-	-	298M	-	-
Investment in Marketable and Equity Securities, Total	-12.3B	-	7M	-	493M
Other Investing Activities, Total	5M	3M	-25M	3M	-76M
Cash from Investing	-13.73B	-1.5B	-2.16B	-2.8B	-2.66B
Short Term Debt Issued, Total	-	-	1.1B	713M	-
Long-Term Debt Issued, Total	11.31B	-	-	-	3.1B
Total Debt Issued	11.31B	-	1.1B	713M	3.1B
Short Term Debt Repaid, Total	-454M	-415M	-	-	-624M
Long-Term Debt Repaid, Total	-359M	-1.21B	-2.4B	-2.33B	-951M
Total Debt Repaid	-813M	-1.62B	-2.4B	-2.33B	-1.58B
Issuance of Common Stock	25M	32M	69M	69M	73M
Repurchase of Common Stock	-	-	-	-	-3.94B
Common Dividends Paid	-507M	-707M	-707M	-709M	-796M
Common & Preferred Stock Dividends Paid	-507M	-707M	-707M	-709M	-796M
Other Financing Activities, Total	-75M	-	-17M	2M	-8M
Cash from Financing	9.94B	-2.3B	-1.96B	-2.25B	-3.15B
Foreign Exchange Rate Adjustments	41M	20M	-7M	54M	-53M
Net Change in Cash	-65M	369M	13M	275M	-555M
Supplemental Items
Cash Interest Paid	426M	641M	825M	814M	863M
Cash Income Tax Paid (Refund)	552M	408M	906M	958M	1.16B
Levered Free Cash Flow	1.53B	1.32B	1.48B	2.33B	2B
Unlevered Free Cash Flow	1.81B	1.72B	1.96B	2.83B	2.55B
Change In Net Working Capital	-37M	70M	270M	-158M	200M
Net Debt Issued / Repaid	10.49B	-1.62B	-1.3B	-1.61B	1.53B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.14	3.37	3.99	4.21	4.39
Return on Total Capital	6.59	4.22	4.94	5.14	5.35
Return On Equity %	13.86	9.67	9.65	8.13	8.64
Return on Common Equity	13.86	9.67	9.77	8.32	8.83
Margin Analysis
Gross Profit Margin %	58.97	54.46	52.42	51.86	53.82
EBITDA Margin %	56.87	52.95	51.31	51.86	53.82
EBITA Margin %	47.23	43.31	39.51	39.38	41.01
EBIT Margin %	47.23	43.27	39.02	38.79	40.43
Income From Continuing Operations Margin %	35.67	39.9	31.25	25.53	27.44
Net Income Margin %	35.67	39.9	31.28	25.56	27.46
Net Avail. For Common Margin %	35.67	39.9	31.28	25.56	27.46
Normalized Net Income Margin	25.05	29.92	21.5	20.92	21.67
Levered Free Cash Flow Margin	19.12	14.92	11.76	16.01	13.27
Unlevered Free Cash Flow Margin	22.6	19.55	15.59	19.45	16.9
Asset Turnover
Asset Turnover	0.17	0.12	0.16	0.17	0.17
Fixed Assets Turnover	0.38	0.4	0.34	0.27	0.27
Receivables Turnover (Average Receivables)	12.7	12.76	10.9	9.31	9.26
Inventory Turnover (Average Inventory)	14.81	15.47	17.47	16.34	14.52
Short Term Liquidity
Current Ratio	0.43	0.59	0.53	0.6	0.49
Quick Ratio	0.28	0.46	0.41	0.48	0.37
Operating Cash Flow to Current Liabilities	1.17	1.29	0.72	0.93	0.89
Days Sales Outstanding (Average Receivables)	28.74	28.6	33.49	39.32	39.41
Days Outstanding Inventory (Average Inventory)	24.65	23.6	20.9	22.39	25.13
Average Days Payable Outstanding	45.97	42	35.45	37.53	37.76
Cash Conversion Cycle (Average Days)	7.42	10.2	18.94	24.18	26.79
Long Term Solvency
Total Debt/Equity	60.33	51.23	53.85	47.02	50.4
Total Debt / Total Capital	37.63	33.88	35	31.98	33.51
LT Debt/Equity	55.58	47.17	46.2	41.03	43.24
Long-Term Debt / Total Capital	34.66	31.19	30.03	27.91	28.75
Total Liabilities / Total Assets	50.38	47.09	46.92	44.28	45.52
EBIT / Interest Expense	8.47	5.85	6.35	7.04	6.96
EBITDA / Interest Expense	10.4	7.31	8.53	9.6	9.42
(EBITDA - Capex) / Interest Expense	6.97	4.92	5.29	6.02	5.84
Total Debt / EBITDA	4.4	4.18	3.47	2.99	2.86
Net Debt / EBITDA	4.38	4.08	3.4	2.89	2.84
Total Debt / (EBITDA - Capex)	6.57	6.2	5.6	4.77	4.62
Net Debt / (EBITDA - Capex)	6.55	6.06	5.49	4.61	4.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.7	10.24	42.44	15.86	3.66
Gross Profit, 1 Yr. Growth %	3.44	1.8	37.1	17.09	7.58
EBITDA, 1 Yr. Growth %	3.58	1.74	38.03	17.09	7.58
EBITA, 1 Yr. Growth %	3.37	1.01	29.94	15.48	7.94
EBIT, 1 Yr. Growth %	3.37	1.01	28.45	15.19	8.03
Earnings From Cont. Operations, 1 Yr. Growth %	16.69	23.32	11.54	-5.35	11.42
Net Income, 1 Yr. Growth %	16.69	23.32	11.66	-5.32	11.38
Normalized Net Income, 1 Yr. Growth %	0.09	31.64	2.36	12.77	7.34
Diluted EPS Before Extra, 1 Yr. Growth %	16.43	-9.81	11.67	-5.46	13.32
Accounts Receivable, 1 Yr. Growth %	-6.75	27.61	97.36	4.28	4.55
Inventory, 1 Yr. Growth %	12.98	20.85	40.84	14.25	9.85
Net Property, Plant and Equip., 1 Yr. Growth %	3.63	5.42	129.96	8.25	-1.14
Total Assets, 1 Yr. Growth %	188.4	7.8	8.72	9.81	-2.05
Tangible Book Value, 1 Yr. Growth %	399.23	15.07	-46	22.16	-3.41
Common Equity, 1 Yr. Growth %	362.21	14.95	6.7	15.42	-4.21
Cash From Operations, 1 Yr. Growth %	31.62	12.31	-0.12	27.36	0.76
Capital Expenditures, 1 Yr. Growth %	-8.32	1.63	60.5	14.57	9.68
Levered Free Cash Flow, 1 Yr. Growth %	59.96	-14.15	12.22	57.81	-14.11
Unlevered Free Cash Flow, 1 Yr. Growth %	45.24	-4.66	13.65	44.54	-9.96
Dividend Per Share, 1 Yr. Growth %	6.74	0	0	0	15
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.29	6.92	25.31	28.47	9.59
Gross Profit, 2 Yr. CAGR %	4.18	4.07	19.78	28.15	13.87
EBITDA, 2 Yr. CAGR %	4.46	2.62	18.51	28.15	13.87
EBITA, 2 Yr. CAGR %	3.79	2.22	14.61	23.76	14.51
EBIT, 2 Yr. CAGR %	3.79	2.18	13.9	22.83	13.71
Earnings From Cont. Operations, 2 Yr. CAGR %	8.11	19.96	17.28	2.75	2.69
Net Income, 2 Yr. CAGR %	8.11	19.96	17.34	2.82	2.69
Normalized Net Income, 2 Yr. CAGR %	0.93	14.79	16.08	8.39	12.44
Diluted EPS Before Extra, 2 Yr. CAGR %	9.28	2.48	0.36	2.75	3.5
Accounts Receivable, 2 Yr. CAGR %	-1.4	9.08	58.7	43.46	4.41
Inventory, 2 Yr. CAGR %	13.63	16.85	30.47	26.85	12.03
Net Property, Plant and Equip., 2 Yr. CAGR %	4.98	5.32	55.7	57.78	3.45
Total Assets, 2 Yr. CAGR %	74.59	76.32	8.26	9.26	3.71
Tangible Book Value, 2 Yr. CAGR %	124.9	140.85	-21.17	-18.78	8.63
Common Equity, 2 Yr. CAGR %	118.76	130.5	10.75	10.98	5.15
Cash From Operations, 2 Yr. CAGR %	11.06	21.58	5.91	12.79	13.28
Capital Expenditures, 2 Yr. CAGR %	-3.55	-3.47	27.72	35.6	12.09
Levered Free Cash Flow, 2 Yr. CAGR %	10.44	17.18	-1.84	35.48	21.24
Unlevered Free Cash Flow, 2 Yr. CAGR %	8.44	17.67	4.09	29.92	17.58
Dividend Per Share, 2 Yr. CAGR %	10.01	3.32	0	0	7.24
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3	4.19	17.65	22.08	19.6
Gross Profit, 3 Yr. CAGR %	5.33	3.38	14.09	18.03	20.89
EBITDA, 3 Yr. CAGR %	5.59	3.85	13.28	18.03	20.89
EBITA, 3 Yr. CAGR %	5.51	2.88	10.73	14.9	18.24
EBIT, 3 Yr. CAGR %	5.51	2.86	10.28	14.33	17.69
Earnings From Cont. Operations, 3 Yr. CAGR %	13.49	12.96	17.09	9.19	5.56
Net Income, 3 Yr. CAGR %	13.49	12.96	17.13	9.24	5.6
Normalized Net Income, 3 Yr. CAGR %	7.39	10.28	10.48	14.97	8.04
Diluted EPS Before Extra, 3 Yr. CAGR %	15.37	2.51	5.45	-1.62	6.16
Accounts Receivable, 3 Yr. CAGR %	-2.81	7.45	32.92	37.97	29.1
Inventory, 3 Yr. CAGR %	10.75	15.99	24.36	24.82	20.91
Net Property, Plant and Equip., 3 Yr. CAGR %	5.31	5.66	36.63	37.93	35.01
Total Assets, 3 Yr. CAGR %	47.48	48.67	50.07	8.77	5.35
Tangible Book Value, 3 Yr. CAGR %	75.45	80.46	46.31	-8.78	-13.95
Common Equity, 3 Yr. CAGR %	72.11	76.53	78.31	12.29	5.67
Cash From Operations, 3 Yr. CAGR %	10.79	11.48	13.87	12.63	8.63
Capital Expenditures, 3 Yr. CAGR %	-0.41	-1.86	14.36	23.17	26.34
Levered Free Cash Flow, 3 Yr. CAGR %	11.89	1.63	15.5	14.99	16.38
Unlevered Free Cash Flow, 3 Yr. CAGR %	9.52	3.88	16.32	16.13	14.97
Dividend Per Share, 3 Yr. CAGR %	14.79	6.57	2.2	0	4.77
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.11	6.1	11.41	13.3	14.36
Gross Profit, 5 Yr. CAGR %	7.18	6.07	10.28	11.67	12.86
EBITDA, 5 Yr. CAGR %	7.58	6.55	10.78	12.6	12.86
EBITA, 5 Yr. CAGR %	7.93	6.45	9.06	10.32	11.1
EBIT, 5 Yr. CAGR %	7.93	6.43	8.79	9.99	10.78
Earnings From Cont. Operations, 5 Yr. CAGR %	12.27	7.9	14.99	8.76	11.1
Net Income, 5 Yr. CAGR %	12.27	7.9	15.02	8.79	11.12
Normalized Net Income, 5 Yr. CAGR %	8.04	11.14	10.78	9.13	10.3
Diluted EPS Before Extra, 5 Yr. CAGR %	14.48	2.77	9.11	2.6	4.67
Accounts Receivable, 5 Yr. CAGR %	6.72	8.21	18.25	20.62	20.69
Inventory, 5 Yr. CAGR %	5.01	13.32	18.25	20.22	19.27
Net Property, Plant and Equip., 5 Yr. CAGR %	4.86	5.89	23.52	24.04	22.24
Total Assets, 5 Yr. CAGR %	28.82	29.56	30.32	31.44	29.45
Tangible Book Value, 5 Yr. CAGR %	49.59	43.85	27.64	31.13	29.88
Common Equity, 5 Yr. CAGR %	48.87	43.29	44.28	46.62	44.35
Cash From Operations, 5 Yr. CAGR %	12.04	13.68	8.81	12	13.63
Capital Expenditures, 5 Yr. CAGR %	5.32	3.05	10.01	11.69	13.45
Levered Free Cash Flow, 5 Yr. CAGR %	14.9	15.36	6.23	13.2	15.87
Unlevered Free Cash Flow, 5 Yr. CAGR %	11.29	12.87	7.32	12.99	15.42
Dividend Per Share, 5 Yr. CAGR %	15.48	11.68	8.63	3.89	4.19