Canadian Pacific Kansas City (CP) Tax Rate (2015 - 2026)

Canadian Pacific Kansas City (CP) recorded quarterly Tax Rate of 24.55% in Q1 2026, down 9.34% quarter-over-quarter from 27.08% in Q4 2025, and up 241.0% on a YoY basis from 7.2% in Q1 2025.

Canadian Pacific Kansas City (CP) Tax Rate (2015 - 2026) Analysis & Trends

Canadian Pacific Kansas City's Tax Rate history runs 12 years deep, the most recent figure standing at 24.55% for Q1 2026.

  • In Q1 2026, Tax Rate rose 241.0% year-over-year to 24.55%; the TTM figure through Mar 2026 stood at 24.58% (up 346.0% YoY), while the FY2025 annual figure was 24.53%, up 234.0% from the prior year.
  • Tax Rate was 24.55% for Q1 2026 at Canadian Pacific Kansas City, down from 27.08% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.08% in Q4 2025 to a low of 4.43% in Q2 2023.
  • Historically, Tax Rate has averaged 18.28% across 5 years, with a median of 22.15% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 13331 bps in 2022, then tumbled 1740 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 8.52% in 2022, then soared by 113 bps to 18.17% in 2023, then dropped by 6 bps to 17.02% in 2024, then soared by 59 bps to 27.08% in 2025, then decreased by 9 bps to 24.55% in 2026.
  • The last three Tax Rate figures came in at 24.55% (Q1 2026), 27.08% (Q4 2025), and 24.4% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Union Pacific 159.23 Bn 158.19 Bn 5.85 Bn 23.69
2 Csx 88.15 Bn 87.04 Bn 3.18 Bn 24.08
3 Norfolk Southern 69.69 Bn 68.35 Bn 2.74 Bn 23.50
4 Canadian Pacific Kansas City 58.40 Bn 58.81 Bn 2.36 Bn 24.55
5 Westinghouse Air Brake Technologies 44.54 Bn 44.06 Bn 1.06 Bn 22.60
6 Trinity Industries 2.72 Bn 2.79 Bn 128.90 Mn 24.22
7 Greenbrier Companies 1.46 Bn 975.35 Mn 69.50 Mn 14.91
8 Foster L B 427.87 Mn 424.75 Mn 25.70 Mn -5.74
9 Rail Vision 181.85 Mn 161.35 Mn 504,000.00 -
10 FreightCar America 157.70 Mn 93.40 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 24.55%
Mar 31, 2026 24.55%
Dec 31, 2025 27.08%
Dec 31, 2025 27.08%
Sep 30, 2025 24.40%
Sep 30, 2025 24.40%
Jun 30, 2025 22.44%
Jun 30, 2025 22.44%
Mar 31, 2025 22.15%
Mar 31, 2025 22.15%
Dec 31, 2024 17.02%
Dec 31, 2024 17.02%
Sep 30, 2024 23.38%
Sep 30, 2024 23.38%
Jun 30, 2024 22.93%
Jun 30, 2024 22.93%
Mar 31, 2024 25.07%
Mar 31, 2024 25.07%
Dec 31, 2023 18.17%
Dec 31, 2023 18.17%