Canadian Pacific Kansas City (CP) Operating Margin (2014 - 2026)

Canadian Pacific Kansas City has reported Operating Margin for 13 years, with the latest figure at 35.35% in Q2 2026.

• On a quarterly basis, Operating Margin fell 96.0% year-over-year to 35.35% in Q2 2026; TTM through Jun 2026 was 36.74%, a 39.0% increase from a year earlier, with the FY2025 full-year figure at 37.2%, up 160.0% from the prior year.
• Operating Margin was 35.35% for Q2 2026 at Canadian Pacific Kansas City, up from 33.99% in the prior quarter.
• The five-year high for Operating Margin was 41.12% in Q4 2025, with the low at 29.11% in Q1 2022.
• Average Operating Margin over 5 years is 36.04%, with a median of 35.83% recorded in 2025.
• The sharpest annual moves came in 2022 and 2023: Operating Margin sank 1071 bps in 2022, then jumped 748 bps in 2023.
• Over 5 years, Operating Margin stood at 40.17% in 2022, then dropped by 5 bps to 38.19% in 2023, then climbed by 5 bps to 40.27% in 2024, then advanced by 2 bps to 41.12% in 2025, then decreased by 14 bps to 35.35% in 2026.
• The last three Operating Margin figures came in at 35.35% (Q2 2026), 33.99% (Q1 2026), and 41.12% (Q4 2025), per Business Quant data.