KPIs & Operating Metrics(New)
Growth Metrics

Canadian Pacific Kansas City (CP) Gross Margin (2010 - 2026)

Canadian Pacific Kansas City's quarterly Gross Margin came in at 87.62% in Q1 2026, down 911.0% year-on-year from 10.8% in Q1 2025, and down 9.8% quarter-over-quarter from 97.15% in Q4 2025.

Canadian Pacific Kansas City has reported Gross Margin for 13 years, with the latest figure at 87.62% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 911.0% year-over-year to 87.62%; the trailing twelve-month figure through Mar 2026 stood at 92.72% (down 922.0% YoY), and the FY2025 full-year result was 96.86%, down 35.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 87.62%, down from 97.15% in the prior quarter.
  • The five-year high for Gross Margin was 130.1% in Q4 2022, with the low at 83.2% in Q2 2022.
  • Average Gross Margin over 5 years is 96.31%, with a median of 96.89% recorded in 2025.
  • Year-over-year, Gross Margin jumped 41774 bps in 2022 and tumbled 3238 bps in 2023.
  • Tracing CP's Gross Margin over 5 years: stood at 130.1% in 2022, then dropped by 25 bps to 97.72% in 2023, then increased by 27 bps to 124.19% in 2024, then dropped by 22 bps to 97.15% in 2025, then decreased 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 155.75 Bn 154.71 Bn 5.85 Bn 94.15%
2 Csx 84.18 Bn 83.08 Bn 3.18 Bn 91.33%
3 Norfolk Southern 68.46 Bn 67.12 Bn 2.74 Bn 91.46%
4 Canadian Pacific Kansas City 58.41 Bn 58.81 Bn 2.36 Bn 87.62%
5 Westinghouse Air Brake Technologies 44.40 Bn 43.91 Bn 1.06 Bn 35.97%
6 Trinity Industries 2.59 Bn 2.65 Bn 128.90 Mn 26.20%
7 Greenbrier Companies 1.46 Bn 968.55 Mn 69.50 Mn 11.83%
8 Foster L B 419.50 Mn 416.39 Mn 25.70 Mn 21.21%
9 FreightCar America 145.10 Mn 80.80 Mn - -
10 Swvl Holdings 18.35 Mn 13.93 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%
Mar 31, 2021 89.48%
Dec 31, 2020 91.60%
Sep 30, 2020 97.16%
Jun 30, 2020 92.69%
Mar 31, 2020 97.11%
Dec 31, 2019 121.51%
Sep 30, 2019 97.47%
Jun 30, 2019 97.27%
Mar 31, 2019 88.17%
Dec 31, 2018 97.71%
Sep 30, 2018 88.09%
Jun 30, 2018 86.86%
Mar 31, 2018 96.69%
Dec 31, 2017 88.50%
Sep 30, 2017 90.60%
Jun 30, 2017 90.26%
Mar 31, 2017 89.39%
Dec 31, 2016 97.13%
Sep 30, 2016 91.12%
Jun 30, 2016 90.97%
Mar 31, 2016 92.14%
Dec 31, 2015 66.57%
Sep 30, 2015 84.08%
Jun 30, 2015 97.27%
Mar 31, 2015 96.88%
Dec 31, 2010 83.96%