Canadian Pacific Kansas City (CP) Operating Margin (2010 - 2026)
Canadian Pacific Kansas City's quarterly Operating Margin came in at 33.99% in Q1 2026, down 71.0% year-on-year from 117.21% in Q1 2025, and down 17.33% quarter-over-quarter from 41.12% in Q4 2025.
Canadian Pacific Kansas City has reported Operating Margin for 14 years, with the latest figure at 33.99% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 71.0% year-over-year to 33.99%; the trailing twelve-month figure through Mar 2026 stood at 37.02% (up 95.0% YoY), and the FY2025 full-year result was 37.2%, up 160.0% from the prior year.
- Operating Margin for Q1 2026 stood at 33.99%, down from 41.12% 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 36.09%, with a median of 36.31% recorded in 2025.
- Peak annual rise in Operating Margin reached 10141 bps in 2022, while the deepest fall reached 1071 bps in 2022.
- Tracing CP's Operating Margin over 5 years: 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 17 bps to 33.99% in 2026.
- The last three Operating Margin figures came in at 33.99% (Q1 2026), 41.12% (Q4 2025), and 36.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | 39.54% |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | 35.99% |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | 29.25% |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | 33.99% |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 17.53% |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | 20.55% |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | 4.27% |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | 1.69% |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -61.24% |
| Sep 30, 2021 | 39.86% |
| Jun 30, 2021 | 39.92% |
| Mar 31, 2021 | 39.82% |
| Dec 31, 2020 | 46.12% |
| Sep 30, 2020 | 41.81% |
| Jun 30, 2020 | 42.97% |
| Mar 31, 2020 | 40.82% |
| Dec 31, 2019 | 43.02% |
| Sep 30, 2019 | 43.91% |
| Jun 30, 2019 | 41.58% |
| Mar 31, 2019 | 30.73% |
| Dec 31, 2018 | 43.57% |
| Sep 30, 2018 | 41.62% |
| Jun 30, 2018 | 35.83% |
| Mar 31, 2018 | 32.49% |
| Dec 31, 2017 | 39.81% |
| Sep 30, 2017 | 39.00% |
| Jun 30, 2017 | 37.19% |
| Mar 31, 2017 | 37.68% |
| Dec 31, 2016 | 43.80% |
| Sep 30, 2016 | 42.28% |
| Jun 30, 2016 | 38.00% |
| Mar 31, 2016 | 41.04% |
| Dec 31, 2015 | 40.13% |
| Sep 30, 2015 | 44.06% |
| Jun 30, 2015 | 39.13% |
| Mar 31, 2015 | 36.76% |
| Dec 31, 2014 | 40.23% |
| Dec 31, 2010 | 23.59% |