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

Canadian Pacific Kansas City has reported Gross Margin for 12 years, with the latest figure at 96.88% in Q2 2026.

• On a quarterly basis, Gross Margin rose 23.0% year-over-year to 96.88% in Q2 2026; TTM through Jun 2026 was 96.87%, a 3.0% decrease from a year earlier, with the FY2025 full-year figure at 96.86%, down 35.0% from the prior year.
• Gross Margin was 96.88% for Q2 2026 at Canadian Pacific Kansas City, 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.
• Average Gross Margin over 5 years is 97.03%, with a median of 97.07% recorded in 2022.
• The sharpest annual moves came in 2023 and 2024: Gross Margin surged 53 bps in 2023, then plunged 72 bps in 2024.
• Over 5 years, Gross Margin stood at 97.2% in 2022, then climbed by 1 bps to 97.72% in 2023, then retreated by 1 bps to 97.01% in 2024, then grew by 0 bps to 97.15% in 2025, then fell by 0 bps to 96.88% in 2026.
• The last three Gross Margin figures came in at 96.88% (Q2 2026), 96.57% (Q1 2026), and 97.15% (Q4 2025), per Business Quant data.