| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 3.7K | 2.5% |
| Total Income | 3.7K | 2.5% |
| Expenditure | 2.4K | 1.4% |
| PBT | 1.1K | 6.7% |
| Net Profit | 846.00 | 7.0% |
| OPM | 34.25% | 0.70pp |
| NPM | 23.03% | 1.12pp |
| EPS | 0.94 | 4.1% |
CPKC Reports Q1 2026 Revenues of $3.7 Billion, Diluted EPS at $0.94
30 Apr 2026 · 30 Apr, 2:16 am
Summary
Canadian Pacific Kansas City (CPKC) announced its first-quarter 2026 results, reporting revenues of $3.7 billion, a two percent decrease year-over-year. Reported diluted earnings per share declined three percent to $0.94, with the reported operating ratio increasing to 66.0 percent. Despite these declines, the company achieved a two percent increase in Revenue Ton-Miles volumes, demonstrating resilience amidst market and macroeconomic headwinds. CEO Keith Creel highlighted disciplined execution and network fluidity improvements, expressing confidence in delivering on full-year guidance and the strong long-term value proposition of CPKC.
Key Highlights
- 1
Canadian Pacific Kansas City (CPKC) reported first-quarter 2026 revenues of $3.7 billion, representing a two percent decrease year-over-year.
- 2
Reported diluted earnings per share (EPS) for Q1 2026 decreased three percent to $0.94, while core adjusted diluted EPS fell two percent to $1.04.
- 3
The company's reported operating ratio (OR) increased by 70 basis points to 66.0 percent, and the core adjusted OR rose 50 basis points to 63.0 percent from 62.5 percent.
- 4
Volumes, as measured in Revenue Ton-Miles, showed a two percent increase during the first quarter.
- 5
Reported and core adjusted results included year-over-year headwinds of approximately 4 cents from foreign-exchange and 3 cents from changes in fuel price.
- 6
Management expressed confidence in delivering on full-year guidance, emphasizing the strong long-term value proposition of CPKC.
Management Comments
Keith Creel
Our talented team of world-class railroaders executed our precision scheduled railroading plan with discipline, driving meaningful improvements in network fluidity, terminal performance and other key operating metrics, while delivering solid first-quarter results. Despite ongoing market and macroeconomic headwinds, we delivered volume growth demonstrating the resiliency and competitive advantage of our unrivalled North American network.
Keith Creel
As we celebrate our third anniversary as CPKC, I want to recognize the dedication of our railroaders and their strong execution of our operation plan, as we remain focused on controlling what we can control in a dynamic economic environment. CPKC’s long-term value proposition is strong, and we are confident in our ability to deliver on our full-year guidance, while continuing to offer unique solutions to our customers, and connecting this continent in ways only CPKC can.
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