Canadian Pacific Kansas City (CP) Gross Margin (2015 - 2026)
Canadian Pacific Kansas City (CP) posted quarterly Gross Margin of 96.88% for Q2 2026, up 23.0% year-over-year from 78.76% in Q2 2025, and little changed quarter-over-quarter from 96.57% in Q1 2026.
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 96.88% for Q2 2026.
- In Q2 2026, Gross Margin rose 23.0% year-over-year to 96.88%; the TTM figure through Jun 2026 stood at 96.87% (down 3.0% YoY), while the FY2025 annual figure was 96.86%, down 35.0% from the prior year.
- Gross Margin for Q2 2026 stood at 96.88%, roughly flat from 96.57% in the prior quarter.
- The five-year high for Gross Margin was 97.72% in Q4 2023, with the low at 96.57% in Q1 2026.
- The 5-year median for Gross Margin is 97.07% (2022), against an average of 97.03%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 53 bps in 2023, then plunged 72 bps in 2024.
- Canadian Pacific Kansas City's Gross Margin stood at 97.2% in 2022, then gained by 1 bps to 97.72% in 2023, then declined by 1 bps to 97.01% in 2024, then advanced by 0 bps to 97.15% in 2025, then dropped by 0 bps to 96.88% in 2026.
- Business Quant data shows CP's Gross Margin at 96.88% in Q2 2026, 96.57% in Q1 2026, and 97.15% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 94.73% |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 83.63% |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 96.88% |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | - |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | - |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 36.52% |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 22.66% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 14.07% |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 22.28% |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 96.88% |
| Mar 31, 2026 | 96.57% |
| Dec 31, 2025 | 97.15% |
| Sep 30, 2025 | 96.89% |
| Jun 30, 2025 | 96.65% |
| Mar 31, 2025 | 96.73% |
| Dec 31, 2024 | 97.01% |
| Sep 30, 2024 | 97.21% |
| Jun 30, 2024 | 97.31% |
| Mar 31, 2024 | 97.33% |
| Dec 31, 2023 | 97.72% |
| Sep 30, 2023 | 97.30% |
| Jun 30, 2023 | 96.91% |
| Mar 31, 2023 | 96.82% |
| Dec 31, 2022 | 97.20% |
| Sep 30, 2022 | 97.15% |
| Jun 30, 2022 | 97.14% |
| Mar 31, 2022 | 96.63% |
| Dec 31, 2021 | 97.50% |
| Sep 30, 2021 | 97.37% |