| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 4.1K | 12.6% | 12.6% |
| Total Income | 4.1K | 12.6% | 12.6% |
| Expenditure | 2.7K | 10.2% | 14.3% |
| PBT | 1.4K | 21.3% | 14.6% |
| Net Profit | 1.0K | 21.0% | 17.0% |
| OPM | 35.58% | 1.33pp | 0.98pp |
| NPM | 24.75% | 1.72pp | 8.85pp |
| EPS | 1.16 | 23.4% | 13.4% |
CPKC Reports Strong Q2 Results, Poised for Accelerated Growth in Second Half of 2026
30 Jul 2026 · 30 Jul, 1:53 am
Summary
Canadian Pacific Kansas City Limited (CPKC) announced strong second-quarter results, with revenues reaching $4.2 billion, a 13 percent increase year-over-year. The company reported diluted earnings per share (EPS) of $1.15 and core adjusted diluted EPS of $1.27, which represents a 13 percent increase. Management expressed confidence in accelerating volume and earnings growth in the second half of 2026, driven by the company's three-nation network and disciplined execution of Precision Scheduled Railroading.
Key Highlights
- 1
CPKC reported second-quarter revenues of $4.2 billion.
- 2
Diluted earnings per share (EPS) for the second quarter were $1.15.
- 3
Core adjusted diluted EPS increased by 13 percent to $1.27 compared to the prior year.
- 4
Revenues increased by 13 percent to $4.2 billion from $3.7 billion in Q2 2025.
- 5
Volumes, as measured in revenue ton-miles, increased by 4 percent.
- 6
Reported operating ratio increased by 90 basis points to 64.6 percent from 63.7 percent in Q2 2025.
Management Comments
Keith Creel
This unrivalled three-nation network and CPKC’s exceptional team of railroaders delivered another quarter of strong revenue and earnings growth. Our disciplined execution of Precision Scheduled Railroading produced excellent operating performance in the quarter. We are well-positioned to accelerate volume and earnings growth in the second half of 2026. Successful implementation of our North American strategy and synergy realization, improving freight fundamentals, and disciplined cost control position CPKC to continue delivering differentiated earnings growth and value creation over the long term. We remain confident in our ability to continue creating unique long-term value for our customers, communities and shareholders, as we safely and efficiently serve the North American economy.
Informational and educational content only. Not investment advice.