Canadian Pacific Kansas City (CP) Operating Expenses (2015 - 2026)
Canadian Pacific Kansas City (CP) recorded quarterly Operating Expenses of $1.8 billion in Q1 2026, up 7.54% quarter-over-quarter from $1.7 billion in Q4 2025, and up 3.16% on a YoY basis from $1.7 billion in Q1 2025.
Canadian Pacific Kansas City (CP) Operating Expenses (2015 - 2026) Analysis & Trends
Canadian Pacific Kansas City's Operating Expenses history runs 12 years deep, the most recent figure standing at $1.8 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.16% year-over-year to $1.8 billion; the TTM figure through Mar 2026 stood at $6.8 billion (changed 0.24% YoY), while the FY2025 annual figure was $6.8 billion, down 0.94% from the prior year.
- Operating Expenses was $1.8 billion for Q1 2026 at Canadian Pacific Kansas City, up from $1.7 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q1 2026 to a low of $1.0 billion in Q1 2022.
- Historically, Operating Expenses has averaged $1.5 billion across 5 years, with a median of $1.7 billion in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 376.6% in 2022, then slipped 3.38% in 2024.
- A 5-year view of Operating Expenses shows it stood at $1.1 billion in 2022, then jumped by 57.99% to $1.7 billion in 2023, then dropped by 3.38% to $1.7 billion in 2024, then dropped by 0.0% to $1.7 billion in 2025, then advanced by 7.54% to $1.8 billion in 2026.
- The last three Operating Expenses figures came in at $1.8 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 3.76 Bn |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 2.23 Bn |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 2.12 Bn |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 1.78 Bn |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 544.00 Mn |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 50.70 Mn |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 57.40 Mn |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 23.03 Mn |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | -6.53 Mn |
| 10 | FreightCar America | 178.32 Mn | 114.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.00 Bn |