CP Research | Milton Maxwell

Canadian Pacific Kansas City Limited

73.35

-1.07-1.44%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

67.10B

P/E (TTM)

21.96

Basic EPS (TTM)

3.34

Dividend Yield

0.01%

Recent Filings

8-K

Solid Q3 growth, better OR

10/29/25Oct 29, 2025

CPKC posted Q3 revenues of $3.7B, up 3% from $3.5B last year, with RTMs climbing 5% amid macro headwinds. Operating ratio sharpened to 63.5% from 66.1%, core adjusted EPS hit $1.10, up 11%. Growth persists. Safety metrics improved.

8-K

Credit facilities extended

8/22/25Aug 22, 2025

Canadian Pacific Kansas City extended its revolving credit facilities via a First Amending Agreement on August 20, 2025. The 2-year tranche now matures June 25, 2027 (from 2026); the 5-year tranche hits June 25, 2030 (from 2029). Lenders reaffirmed support. No defaults reported.

8-K

CPKC declares $0.228 dividend

7/31/25Jul 31, 2025

Canadian Pacific Kansas City declared a quarterly dividend of $0.228 per share on July 30, 2025. It's payable October 27 to shareholders of record September 26, qualifying as an eligible dividend under Canadian tax rules. Steady payout signals board confidence. No change from prior quarters.

10-Q

Q2 FY2025 results

7/31/25Jul 31, 2025

CPKC revenues climbed 3% y/y to $3,699M in Q2 ended June 30, 2025, driven by 7% higher RTMs in Grain, Intermodal, and Coal, though freight revenue per RTM dipped 4% on lower fuel surcharges. Operating income rose 6% y/y to $1,343M with OR improving to 63.7%; diluted EPS jumped 37% y/y to $1.33 on $333M gain from selling Panama Canal Railway stake for $493M cash (April 1, 2025). Operating cash flow hit $1,355M; free cash flow not disclosed in the 10-Q. Cash sits at $799M with revolver undrawn, total debt $22.3B after issuances/refinancings including $500M 4% notes due 2032. Share repurchases totaled $1,773M YTD. Ongoing Mexican tax litigation poses collection risk.

8-K

Q2 revenues up 3%, volumes 7%

7/30/25Jul 30, 2025

CPKC posted Q2 revenues of $3.7B, up 3% from $3.6B last year, with volumes surging 7% on RTMs while operating ratio improved to 63.7% from 64.8%. Net income hit $1.234B, boosted by $333M gain from selling its Panama Canal Railway stake; diluted EPS rose to $1.33. Core adjusted EPS climbed 7% to $1.12. Momentum builds into H2.

About

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers. It also provides rail and intermodal transportation services over a network of approximately 20,000 miles serving business centers. The company was formerly known as Canadian Pacific Railway Limited and changed its name to Canadian Pacific Kansas City Limited in April 2023. Canadian Pacific Kansas City Limited was incorporated in 1881 and is headquartered in Calgary, Canada.

CEO

Mr. Keith E. Creel

IPO

12/30/1983

Website

https://www.cpkcr.com

Employees

19,985

Sector

Industrials

Industry

Railroads