CP · XBRL financial data

Canadian Pacific Kansas City financial statements, every fiscal year

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CP's year ends in late December)

In millions of CAD	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	7,710	7,995	8,814	12,555	14,546	15,078
Revenue from contracts with customers	7,648	7,916	8,730	12,442	14,414	14,969
Operating income (loss)	3,311	3,206	3,329	4,388	5,179	5,609
Interest income	4	6	—	—	—	—
Interest expense	462	446	—	—	—	—
Other income (expense)	7	(237)	(17)	(52)	42	1
Income tax expense (benefit)	758	768	628	(6,976)	1,059	1,345
Net income (loss)	2,444	2,852	3,517	3,927	3,718	4,141
Earnings per share, basic‡ CAD per share	3.61	4.20	3.78	4.22	3.98	4.52
Earnings per share, diluted‡ CAD per share	3.59	4.18	3.77	4.21	3.98	4.51
Weighted average shares, basic‡ millions of shares	678	680	930	931	933	916
Weighted average shares, diluted‡ millions of shares	680	683	933	934	935	917

‡ Per-share figures and share counts are adjusted for the 5-for-1 stock split (April 2021); filings made before it reported them unadjusted.

Fiscal years (CP's year ends in late December)

In millions of CAD	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	147	69	451	464	739	184
Short-term investments	—	—	0	—	—	—
Accounts receivable	825	819	1,016	1,887	1,968	2,029
Total current assets	1,321	1,352	1,889	3,002	3,384	2,939
Property and equipment, net	20,422	21,200	22,385	51,744	56,024	55,323
Right-of-use asset	316	287	267	347	364	422
Goodwill	329	328	344	17,729	19,350	18,436
Total assets	23,640	68,177	73,495	79,902	87,744	85,945
Accrued liabilities	294	286	284	667	732	597
Commercial paper millions of USD	—	—	0	800	1,102	—
Total current liabilities	2,653	3,159	3,213	5,710	5,661	5,991
Lease liability, non-current	248	224	202	242	254	299
Total liabilities	16,321	34,348	34,609	37,491	38,854	39,120
Retained earnings	8,095	10,391	13,201	16,420	19,429	19,783
Total stockholders' equity	7,319	33,829	38,886	41,492	47,892	45,877
Total liabilities and equity	23,640	68,177	73,495	79,902	87,744	85,945
Common shares outstanding (cover page)‡ millions of shares	666	930	931	932	934	898

‡ Per-share figures and share counts are adjusted for the 5-for-1 stock split (April 2021); filings made before it reported them unadjusted.

Fiscal years (CP's year ends in late December)

In millions of CAD	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	2,444	2,852	3,517	3,927	3,718	4,141
Depreciation and amortization	779	811	853	1,543	1,900	2,019
Net cash from operating activities	2,802	3,688	4,142	4,137	5,269	5,309
Purchases of property and equipment	1,671	1,532	1,557	2,468	2,825	3,102
Net cash from investing activities	(2,030)	(13,730)	(1,496)	(2,162)	(2,796)	(2,665)
Proceeds from issuing common stock	52	25	32	69	69	73
Share repurchases	1,509	0	0	0	0	3,942
Dividends paid	467	507	707	707	709	796
Net cash from financing activities	(764)	9,936	(2,297)	(1,955)	(2,252)	(3,146)
Net change in cash	14	(65)	369	13	275	(555)

SIC 4011 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4011 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Canadian Pacific Kansas City	399	4,192	not reported	869.6M	Q3 FY26 10-QSep 30, 2026
CSX	1,223	4,017	1,617*	1.8B	Q3 FY26 10-QSep 30, 2026
Norfolk Southern	1,598	3,526	1,322*	224.6M	Q3 FY26 10-QSep 30, 2026
Union Pacific	2,211	7,197	2,786*	594.3M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.