Canadian Pacific Kansas City (CP) Gross Margin (2015 - 2026)

Canadian Pacific Kansas City (CP) recorded quarterly Gross Margin of 87.62% in Q1 2026, down 9.8% quarter-over-quarter from 97.15% in Q4 2025, and down 911.0% on a YoY basis from 10.8% in Q1 2025.

Canadian Pacific Kansas City (CP) Gross Margin (2015 - 2026) Analysis & Trends

Canadian Pacific Kansas City's Gross Margin history runs 12 years deep, the most recent figure standing at 87.62% for Q1 2026.

  • In Q1 2026, Gross Margin fell 911.0% year-over-year to 87.62%; the TTM figure through Mar 2026 stood at 92.72% (down 922.0% YoY), while the FY2025 annual figure was 96.86%, down 35.0% from the prior year.
  • Gross Margin was 87.62% for Q1 2026 at Canadian Pacific Kansas City, down from 97.15% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 130.1% in Q4 2022 to a low of 83.2% in Q2 2022.
  • Historically, Gross Margin has averaged 96.31% across 5 years, with a median of 96.89% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin surged 41774 bps in 2022, then tumbled 3238 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 130.1% in 2022, then slipped by 25 bps to 97.72% in 2023, then grew by 27 bps to 124.19% in 2024, then slipped by 22 bps to 97.15% in 2025, then retreated by 10 bps to 87.62% in 2026.
  • The last three Gross Margin figures came in at 87.62% (Q1 2026), 97.15% (Q4 2025), and 96.89% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 94.15%
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 91.33%
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 91.46%
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 87.62%
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 35.97%
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 26.20%
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 11.83%
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn 21.21%
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 40.32%
10 FreightCar America 178.32 Mn 114.02 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 87.62%
Dec 31, 2025 97.15%
Sep 30, 2025 96.89%
Jun 30, 2025 89.05%
Mar 31, 2025 96.73%
Dec 31, 2024 124.19%
Sep 30, 2024 88.19%
Jun 30, 2024 97.31%
Mar 31, 2024 86.99%
Dec 31, 2023 97.72%
Sep 30, 2023 97.30%
Jun 30, 2023 96.91%
Mar 31, 2023 85.61%
Dec 31, 2022 130.10%
Sep 30, 2022 97.15%
Jun 30, 2022 83.20%
Mar 31, 2022 85.15%
Dec 31, 2021 -287.64%
Sep 30, 2021 97.37%
Jun 30, 2021 89.39%