KPIs & Operating Metrics(New)
Growth Metrics

Canadian Pacific Kansas City (CP) Operating Expenses (2010 - 2026)

Canadian Pacific Kansas City's quarterly Operating Expenses came in at $1.8 billion in Q1 2026, up 3.16% year-on-year from $1.7 billion in Q1 2025, and up 7.54% quarter-over-quarter from $1.7 billion in Q4 2025.

Canadian Pacific Kansas City has reported Operating Expenses for 13 years, with the latest figure at $1.8 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 3.16% year-over-year to $1.8 billion; the trailing twelve-month figure through Mar 2026 stood at $6.8 billion (changed 0.24% YoY), and the FY2025 full-year result was $6.8 billion, down 0.94% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.8 billion, up from $1.7 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.8 billion in Q1 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.
  • Year-over-year, Operating Expenses soared 376.6% in 2022 and declined 3.38% in 2024.
  • Tracing CP's Operating Expenses over 5 years: 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 climbed 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 155.75 Bn 154.71 Bn 5.85 Bn 3.76 Bn
2 Csx 84.18 Bn 83.08 Bn 3.18 Bn 2.23 Bn
3 Norfolk Southern 68.46 Bn 67.12 Bn 2.74 Bn 2.12 Bn
4 Canadian Pacific Kansas City 58.41 Bn 58.81 Bn 2.36 Bn 1.78 Bn
5 Westinghouse Air Brake Technologies 44.40 Bn 43.91 Bn 1.06 Bn 544.00 Mn
6 Trinity Industries 2.59 Bn 2.65 Bn 128.90 Mn 50.70 Mn
7 Greenbrier Companies 1.46 Bn 968.55 Mn 69.50 Mn 57.40 Mn
8 Foster L B 419.50 Mn 416.39 Mn 25.70 Mn 23.03 Mn
9 FreightCar America 145.10 Mn 80.80 Mn - -
10 Swvl Holdings 18.35 Mn 13.93 Mn - -

Historic Data

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DateValue
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
Mar 31, 2021 931.53 Mn
Dec 31, 2020 831.49 Mn
Sep 30, 2020 813.46 Mn
Jun 30, 2020 737.07 Mn
Mar 31, 2020 901.79 Mn
Dec 31, 2019 893.09 Mn
Sep 30, 2019 840.97 Mn
Jun 30, 2019 863.25 Mn
Mar 31, 2019 920.37 Mn
Dec 31, 2018 857.63 Mn
Sep 30, 2018 847.59 Mn
Jun 30, 2018 870.50 Mn
Mar 31, 2018 887.73 Mn
Dec 31, 2017 811.54 Mn
Sep 30, 2017 775.88 Mn
Jun 30, 2017 767.52 Mn
Mar 31, 2017 754.62 Mn
Dec 31, 2016 814.92 Mn
Sep 30, 2016 688.10 Mn
Jun 30, 2016 697.50 Mn
Mar 31, 2016 683.38 Mn
Dec 31, 2015 756.83 Mn
Sep 30, 2015 731.98 Mn
Jun 30, 2015 816.82 Mn
Mar 31, 2015 851.59 Mn
Dec 31, 2010 47.86 Mn