Canadian Pacific Kansas City CP
NYSE CP
$94.84 +0.40 (+0.42%)
At close: Aug 20, 2026 · 4:00 PM EDT

Canadian Pacific Kansas City (CP) Operating Expenses (2015 - 2026)

Canadian Pacific Kansas City (CP) posted quarterly Operating Expenses of $1.9 billion for Q2 2026, up 14.45% year-over-year from $1.7 billion in Q2 2025, and up 9.24% quarter-over-quarter from $1.8 billion in Q1 2026.

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 $1.9 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 14.45% year-over-year to $1.9 billion; the TTM figure through Jun 2026 stood at $7.1 billion (up 3.97% YoY), while the FY2025 annual figure was $6.8 billion, down 0.94% from the prior year.
  • Operating Expenses for Q2 2026 stood at $1.9 billion, 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.
  • The 5-year median for Operating Expenses is $1.7 billion (2023), against an average of $1.5 billion.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 376.6% in 2022, then decreased 3.38% in 2024.
  • Canadian Pacific Kansas City's Operating Expenses stood at $1.1 billion in 2022, then soared by 57.99% to $1.7 billion in 2023, then slipped by 3.38% to $1.7 billion in 2024, then slipped by 0.0% to $1.7 billion in 2025, then advanced by 17.49% to $1.9 billion in 2026.
  • Business Quant data shows CP's Operating Expenses at $1.9 billion in Q2 2026, $1.8 billion in Q1 2026, and $1.7 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Union Pacific 180.52 Bn 178.40 Bn 6.50 Bn 4.10 Bn
2 Csx 94.59 Bn 93.20 Bn 3.29 Bn 2.43 Bn
3 Canadian Pacific Kansas City 84.21 Bn 83.94 Bn 2.92 Bn 1.95 Bn
4 Canadian National Railway 78.52 Bn 78.52 Bn - 2.83 Bn
5 Norfolk Southern 77.93 Bn 76.86 Bn - 2.34 Bn
6 Westinghouse Air Brake Technologies 49.47 Bn 48.80 Bn 1.16 Bn 561.00 Mn
7 Trinity Industries 2.37 Bn 2.21 Bn 109.90 Mn 51.10 Mn
8 Greenbrier Companies 1.42 Bn 1.15 Bn 81.10 Mn 55.20 Mn
9 Foster L B 390.24 Mn 384.46 Mn 30.87 Mn 24.11 Mn
10 FreightCar America 228.00 Mn 163.70 Mn - -

Historic Data

Download Data
DateValue
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