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| Date | Value |
|---|---|
| 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% |