Canadian Pacific Kansas City (CP) Operating Expenses (2015 - 2026)
Canadian Pacific Kansas City (CP) posted Operating Expenses of $1.9 billion for Q2 2026, up 9.24% on a QoQ basis from $1.8 billion in Q1 2026, and up 14.45% year-over-year from $1.7 billion in Q2 2025.
Analysis
Canadian Pacific Kansas City (CP) Operating Expenses (2015 - 2026) Analysis & Trends
Canadian Pacific Kansas City has reported Operating Expenses for 12 years, with the latest figure at $1.9 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 14.45% year-over-year to $1.9 billion in Q2 2026; TTM through Jun 2026 was $7.1 billion, a 3.97% increase from a year earlier, with the FY2025 full-year figure at $6.8 billion, down 0.94% from the prior year.
- Operating Expenses was $1.9 billion for Q2 2026 at Canadian Pacific Kansas City, up from $1.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.9 billion in Q2 2026, with the low at $1.0 billion in Q1 2022.
- Average Operating Expenses over 5 years is $1.5 billion, with a median of $1.7 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 376.6% in 2022, then dropped 3.38% in 2024.
- Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then surged by 57.99% to $1.7 billion in 2023, then declined by 3.38% to $1.7 billion in 2024, then declined by 0.0% to $1.7 billion in 2025, then grew by 17.49% to $1.9 billion in 2026.
- The last three Operating Expenses figures came in at $1.9 billion (Q2 2026), $1.8 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 169.15 Bn | 167.03 Bn | 6.50 Bn | 4.10 Bn |
| 2 | Csx | 89.70 Bn | 88.31 Bn | 3.29 Bn | 2.43 Bn |
| 3 | Canadian Pacific Kansas City | 79.86 Bn | 79.59 Bn | 2.92 Bn | 1.95 Bn |
| 4 | Norfolk Southern | 72.59 Bn | 71.52 Bn | - | 2.34 Bn |
| 5 | FTAI Infrastructure | 386.40 Mn | 246.45 Mn | 69.44 Mn | 233.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 Bn |
| Mar 31, 2026 | 1.78 Bn |
| Dec 31, 2025 | 1.66 Bn |
| Sep 30, 2025 | 1.69 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 1.73 Bn |
| Dec 31, 2024 | 1.66 Bn |
| Sep 30, 2024 | 1.72 Bn |
| Jun 30, 2024 | 1.71 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 1.71 Bn |
| Sep 30, 2023 | 1.62 Bn |
| Jun 30, 2023 | 1.66 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.09 Bn |
| Sep 30, 2022 | 1.05 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 227.69 Mn |
| Sep 30, 2021 | 927.87 Mn |