Canadian Pacific Kansas City (CP) Tax Rate (2015 - 2026)
Canadian Pacific Kansas City (CP) recorded Tax Rate of 24.65% in Q2 2026, up 2.21 percentage points from 22.44% a year earlier and up 0.10 percentage points from the prior quarter.
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Analysis
Canadian Pacific Kansas City (CP) Tax Rate (2015 - 2026) Analysis & Trends
On a TTM basis, Canadian Pacific Kansas City's Tax Rate came in at 25.26% as of Jun 30, 2026, up 3.58 percentage points year-over-year; for FY2025, it was 24.53%, up 2.34 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +0.86 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 22.19% in FY2024 (-206.30 pp), 228.50% in FY2023 (+213.35 pp), 15.15% in FY2022 (-6.06 pp) and 21.22% in FY2021 (-2.46 pp).
- Quarterly Tax Rate has ranged from 7.43% in Q4 2022 to 120.88% in Q2 2023 over the past five years.
- On a year-over-year basis, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of +0.63 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 96.62 percentage points in Q2 2023, against a drop of 96.44 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.55% (Q1 2026), 27.08% (Q4 2025) and 24.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 22.00% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 24.09% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 24.65% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 20.63% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 23.46% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 24.21% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 20.16% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 25.00% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | - |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 Mn | 20.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.65% |
| Mar 31, 2026 | 24.55% |
| Dec 31, 2025 | 27.08% |
| Sep 30, 2025 | 24.40% |
| Jun 30, 2025 | 22.44% |
| Mar 31, 2025 | 24.31% |
| Dec 31, 2024 | 17.02% |
| Sep 30, 2024 | 23.84% |
| Jun 30, 2024 | 24.44% |
| Mar 31, 2024 | 25.07% |
| Dec 31, 2023 | 21.27% |
| Sep 30, 2023 | 24.86% |
| Mar 31, 2023 | 16.93% |
| Dec 31, 2022 | 7.43% |
| Sep 30, 2022 | 18.03% |
| Jun 30, 2022 | 24.26% |
| Mar 31, 2022 | 12.59% |
| Dec 31, 2021 | 22.11% |
| Sep 30, 2021 | 26.37% |
| Jun 30, 2021 | 17.10% |
API Access
Canadian Pacific Kansas City Tax Rate 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=tax-rate&ticker=CP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();