Canadian Pacific Kansas City CP
NYSE CP
$90.05 -1.08 (-1.19%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

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