Canadian Pacific Kansas City Ltd/Cn (CP) Operating Margin (2014 - 2026)
Canadian Pacific Kansas City's Operating Margin came in at 35.35% for Q2 2026, down 0.96 percentage points from 36.31% a year earlier but up 1.36 percentage points from the prior quarter.
Canadian Pacific Kansas City Ltd/Cn (CP) Operating Margin (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Canadian Pacific Kansas City reported Operating Margin of 36.74%, up 0.39 percentage points year-over-year; for FY2025, it came in at 37.20%, up 1.60 percentage points from FY2024.
- Operating Margin carries a five-year change of -5.74 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 35.60% in FY2024 (+0.65 pp), 34.95% in FY2023 (-2.82 pp), 37.77% in FY2022 (-2.33 pp) and 40.10% in FY2021 (-2.84 pp).
- The five-year range for quarterly Operating Margin is 29.11% (Q1 2022) to 41.12% (Q4 2025).
- Year-over-year, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +0.73 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q1 2023 (a gain of 7.48 percentage points), and the weakest in Q1 2022 (a drop of 10.71 percentage points).
- Business Quant data shows CP's Operating Margin at 33.99% (Q1 2026), 41.12% (Q4 2025) and 36.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.35% |
| Mar 31, 2026 | 33.99% |
| Dec 31, 2025 | 41.12% |
| Sep 30, 2025 | 36.49% |
| Jun 30, 2025 | 36.31% |
| Mar 31, 2025 | 34.70% |
| Dec 31, 2024 | 40.27% |
| Sep 30, 2024 | 33.90% |
| Jun 30, 2024 | 35.17% |
| Mar 31, 2024 | 32.64% |
| Dec 31, 2023 | 38.19% |
| Sep 30, 2023 | 35.13% |
| Jun 30, 2023 | 29.74% |
| Mar 31, 2023 | 36.58% |
| Dec 31, 2022 | 40.17% |
| Sep 30, 2022 | 40.53% |
| Jun 30, 2022 | 39.42% |
| Mar 31, 2022 | 29.11% |
| Dec 31, 2021 | 40.78% |
| Sep 30, 2021 | 39.86% |
Canadian Pacific Kansas City Ltd/Cn Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();