English

CANADIAN PACIFIC RAILWAY LTD/CN

EDGAR

CP Current report (8-K) · filed 2026-10-30

Annual consolidated revenue for 2025: about CAD 15.08B, using the latest reported figures. The previous period, 2024, was about CAD 14.55B.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

4.22 billion CAD

2026 Q3 · CAD

Exact inputs and evidence

Revenue: 4219000000 CAD Source

Operating margin

35.25%

2026 Q3 · %

Exact inputs and evidence

Operating Income: 1487000000 CAD Source
Revenue: 4219000000 CAD Source

Operating cash flow

1.55 billion CAD

2026 Q3 · CAD

Exact inputs and evidence

Operating Cash Flow: 1550000000 CAD Source

Free cash flow

937 million CAD

2026 Q3 · CAD

Exact inputs and evidence

Operating Cash Flow: 1550000000 CAD Source
Capital Expenditure: 613000000 CAD Source

Cash and cash equivalents: 399 million CAD 2026-09-30 Source
Exact value

399000000 CAD
Long-term debt including current maturities: Not available
Shares outstanding: 898 million shares 2025-12-31 Source
Exact value

897600000 shares

Reported share-count change

-3.85% · -35.9 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

933500000 shares · 2024-12-31· Source
897600000 shares · 2025-12-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

16 billion CAD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Revenue: 15078000000 CAD · 2025-01-01 – 2025-12-31 Source
Revenue: 11155000000 CAD · 2025-01-01 – 2025-09-30 Source
Revenue: 3701000000 CAD · 2026-01-01 – 2026-03-31 Source
Revenue: 4164000000 CAD · 2026-04-01 – 2026-06-30 Source
Revenue: 4219000000 CAD · 2026-07-01 – 2026-09-30 Source

Net income

3.86 billion CAD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Net income: 4141000000 CAD · 2025-01-01 – 2025-12-31 Source
Net income: 3064000000 CAD · 2025-01-01 – 2025-09-30 Source
Net income: 846000000 CAD · 2026-01-01 – 2026-03-31 Source
Net income: 1024000000 CAD · 2026-04-01 – 2026-06-30 Source
Net income: 917000000 CAD · 2026-07-01 – 2026-09-30 Source

Operating cash flow

5.78 billion CAD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Operating cash flow: 5309000000 CAD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 3785000000 CAD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 976000000 CAD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 1726000000 CAD · 2026-04-01 – 2026-06-30 Source
Operating cash flow: 1550000000 CAD · 2026-07-01 – 2026-09-30 Source

Capital expenditure

2.82 billion CAD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Capital expenditure: 3102000000 CAD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 2314000000 CAD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 664000000 CAD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 758000000 CAD · 2026-04-01 – 2026-06-30 Source
Capital expenditure: 613000000 CAD · 2026-07-01 – 2026-09-30 Source

Free cash flow

2.95 billion CAD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Operating cash flow: 5309000000 CAD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 3785000000 CAD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 976000000 CAD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 1726000000 CAD · 2026-04-01 – 2026-06-30 Source
Operating cash flow: 1550000000 CAD · 2026-07-01 – 2026-09-30 Source
Capital expenditure: 3102000000 CAD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 2314000000 CAD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 664000000 CAD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 758000000 CAD · 2026-04-01 – 2026-06-30 Source
Capital expenditure: 613000000 CAD · 2026-07-01 – 2026-09-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-30.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2025-12-31
Operating income: 11 of 11 periods available· newest 2025-12-31
Net income: 11 of 11 periods available· newest 2025-12-31
Operating cash flow: 11 of 11 periods available· newest 2025-12-31
Capital expenditure: 11 of 11 periods available· newest 2025-12-31
Total assets: 11 of 11 periods available· newest 2025-12-31
Total liabilities: 11 of 11 periods available· newest 2025-12-31
Current assets: 11 of 11 periods available· newest 2025-12-31
Current liabilities: 11 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
long term debt: No compatible figures in this window
Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+3.7%

Prior period

CAD 14.55 billion

2024-01-01 – 2024-12-31
Current period

CAD 15.08 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

15078000000 − 14546000000 = 532000000 CAD

14546000000 CAD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
15078000000 CAD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Year-over-year change in Revenue: 532000000 CAD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 15078000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#3118985 Filing: 000001687526000008 Input fundies:Revenue: 14546000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#3124898 Filing: 000001687526000008
The citation records this snapshot. The page link may show a newer release later.
Net income
+11.4%

Prior period

CAD 3.72 billion

2024-01-01 – 2024-12-31
Current period

CAD 4.14 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

4141000000 − 3718000000 = 423000000 CAD

3718000000 CAD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
4141000000 CAD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Year-over-year change in Net income: 423000000 CAD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 4141000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1828500 Filing: 000001687526000008 Input fundies:NetIncome: 3718000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1829463 Filing: 000001687526000008
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+0.8%

Prior period

CAD 5.27 billion

2024-01-01 – 2024-12-31
Current period

CAD 5.31 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

5309000000 − 5269000000 = 40000000 CAD

5269000000 CAD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
5309000000 CAD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Year-over-year change in Operating cash flow: 40000000 CAD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 5309000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1344282 Filing: 000001687526000008 Input fundies:OperatingCashFlow: 5269000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1345025 Filing: 000001687526000008
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+9.8%

Prior period

CAD 2.83 billion

2024-01-01 – 2024-12-31
Current period

CAD 3.1 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

3102000000 − 2825000000 = 277000000 CAD

2825000000 CAD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
3102000000 CAD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Year-over-year change in Capital expenditure: 277000000 CAD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 3102000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1347075 Filing: 000001687526000008 Input fundies:CapitalExpenditure: 2825000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1347617 Filing: 000001687526000008
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue CAD 15.08 billion 100% of revenue
Operating costs Derived CAD 9.47 billion 63% of revenue
Operating income CAD 5.61 billion 37% of revenue
Tax, interest and other Derived CAD 1.47 billion 9.7% of revenue
Net income CAD 4.14 billion 27% of revenue

Cash

Operating cash flow CAD 5.31 billion 35% of revenue
Capital expenditure CAD 3.1 billion 21% of revenue
Free cash flow Derived CAD 2.21 billion 15% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 26%13%61%
2017 37%62%
2018 27%12%61%
2019 31%60%
2020 32%11%57%
2021 36%60%
2022 Net income was higher than operating income, so the split is not drawn.
2023 31%65%
2024 26%10%64%
2025 27%9.7%63%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	6232000000	3821000000 Derived	2411000000	812000000 Derived	1599000000	907000000 Derived	Source 2016-01-01 – 2016-12-31: 6232000000 CAD Inspect Revenue Open source 2016-01-01 – 2016-12-31: 2411000000 CAD Inspect Operating Income Open source 2016-01-01 – 2016-12-31: 1599000000 CAD Inspect Net Income Open source 2016-01-01 – 2016-12-31: 2089000000 CAD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 1182000000 CAD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	6554000000	4035000000 Derived	2519000000	114000000 Derived	2405000000	842000000 Derived	Source 2017-01-01 – 2017-12-31: 6554000000 CAD Inspect Revenue Open source 2017-01-01 – 2017-12-31: 2519000000 CAD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: 2405000000 CAD Inspect Net Income Open source 2017-01-01 – 2017-12-31: 2182000000 CAD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 1340000000 CAD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	7316000000	4485000000 Derived	2831000000	880000000 Derived	1951000000	1161000000 Derived	Source 2018-01-01 – 2018-12-31: 7316000000 CAD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 2831000000 CAD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: 1951000000 CAD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 2712000000 CAD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 1551000000 CAD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	7792000000	4668000000 Derived	3124000000	684000000 Derived	2440000000	1343000000 Derived	Source 2019-01-01 – 2019-12-31: 7792000000 CAD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 3124000000 CAD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: 2440000000 CAD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 2990000000 CAD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 1647000000 CAD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	7710000000	4399000000 Derived	3311000000	867000000 Derived	2444000000	1131000000 Derived	Source 2020-01-01 – 2020-12-31: 7710000000 CAD Inspect Revenue Open source 2020-01-01 – 2020-12-31: 3311000000 CAD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: 2444000000 CAD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 2802000000 CAD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 1671000000 CAD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	7995000000	4789000000 Derived	3206000000	354000000 Derived	2852000000	2156000000 Derived	Source 2021-01-01 – 2021-12-31: 7995000000 CAD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 3206000000 CAD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: 2852000000 CAD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 3688000000 CAD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 1532000000 CAD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	8814000000	5485000000 Derived	3329000000	-188000000 Derived	3517000000	2585000000 Derived	Source 2022-01-01 – 2022-12-31: 8814000000 CAD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 3329000000 CAD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: 3517000000 CAD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 4142000000 CAD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 1557000000 CAD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	12555000000	8167000000 Derived	4388000000	461000000 Derived	3927000000	1669000000 Derived	Source 2023-01-01 – 2023-12-31: 12555000000 CAD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 4388000000 CAD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: 3927000000 CAD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 4137000000 CAD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 2468000000 CAD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	14546000000	9367000000 Derived	5179000000	1461000000 Derived	3718000000	2444000000 Derived	Source 2024-01-01 – 2024-12-31: 14546000000 CAD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 5179000000 CAD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 3718000000 CAD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 5269000000 CAD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 2825000000 CAD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	15078000000	9469000000 Derived	5609000000	1468000000 Derived	4141000000	2207000000 Derived	Source 2025-01-01 – 2025-12-31: 15078000000 CAD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 5609000000 CAD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: 4141000000 CAD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 5309000000 CAD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 3102000000 CAD Inspect Capital Expenditure Open source

Amounts are exact, in CAD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

CAD 15.1B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(CAD)	Source evidence
20162016-12-31	Revenue	6232000000	Revenue: 6232000000 Open source
20172017-12-31	Revenue	6554000000	Revenue: 6554000000 Open source
20182018-12-31	Revenue	7316000000	Revenue: 7316000000 Open source
20192019-12-31	Revenue	7792000000	Revenue: 7792000000 Open source
20202020-12-31	Revenue	7710000000	Revenue: 7710000000 Open source
20212021-12-31	Revenue	7995000000	Revenue: 7995000000 Open source
20222022-12-31	Revenue	8814000000	Revenue: 8814000000 Open source
20232023-12-31	Revenue	12555000000	Revenue: 12555000000 Open source
20242024-12-31	Revenue	14546000000	Revenue: 14546000000 Open source
20252025-12-31	Revenue	15078000000	Revenue: 15078000000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

3.7% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	-7.2%	Revenue: 6232000000 Open source Revenue: 6712000000 Open source
20172017-12-31	Year over year	5.2%	Revenue: 6554000000 Open source Revenue: 6232000000 Open source
20182018-12-31	Year over year	11.6%	Revenue: 7316000000 Open source Revenue: 6554000000 Open source
20192019-12-31	Year over year	6.5%	Revenue: 7792000000 Open source Revenue: 7316000000 Open source
20202020-12-31	Year over year	-1.1%	Revenue: 7710000000 Open source Revenue: 7792000000 Open source
20212021-12-31	Year over year	3.7%	Revenue: 7995000000 Open source Revenue: 7710000000 Open source
20222022-12-31	Year over year	10.2%	Revenue: 8814000000 Open source Revenue: 7995000000 Open source
20232023-12-31	Year over year	42.4%	Revenue: 12555000000 Open source Revenue: 8814000000 Open source
20242024-12-31	Year over year	15.9%	Revenue: 14546000000 Open source Revenue: 12555000000 Open source
20252025-12-31	Year over year	3.7%	Revenue: 15078000000 Open source Revenue: 14546000000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 37.2% 2025

Net margin 27.5% 2025

Free cash flow margin 14.6% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Operating margin	38.7%	Operating Income: 2411000000 Open source Revenue: 6232000000 Open source
20172017-12-31	Operating margin	38.4%	Operating Income: 2519000000 Open source Revenue: 6554000000 Open source
20182018-12-31	Operating margin	38.7%	Operating Income: 2831000000 Open source Revenue: 7316000000 Open source
20192019-12-31	Operating margin	40.1%	Operating Income: 3124000000 Open source Revenue: 7792000000 Open source
20202020-12-31	Operating margin	42.9%	Operating Income: 3311000000 Open source Revenue: 7710000000 Open source
20212021-12-31	Operating margin	40.1%	Operating Income: 3206000000 Open source Revenue: 7995000000 Open source
20222022-12-31	Operating margin	37.8%	Operating Income: 3329000000 Open source Revenue: 8814000000 Open source
20232023-12-31	Operating margin	35%	Operating Income: 4388000000 Open source Revenue: 12555000000 Open source
20242024-12-31	Operating margin	35.6%	Operating Income: 5179000000 Open source Revenue: 14546000000 Open source
20252025-12-31	Operating margin	37.2%	Operating Income: 5609000000 Open source Revenue: 15078000000 Open source
20162016-12-31	Net margin	25.7%	Net Income: 1599000000 Open source Revenue: 6232000000 Open source
20172017-12-31	Net margin	36.7%	Net Income: 2405000000 Open source Revenue: 6554000000 Open source
20182018-12-31	Net margin	26.7%	Net Income: 1951000000 Open source Revenue: 7316000000 Open source
20192019-12-31	Net margin	31.3%	Net Income: 2440000000 Open source Revenue: 7792000000 Open source
20202020-12-31	Net margin	31.7%	Net Income: 2444000000 Open source Revenue: 7710000000 Open source
20212021-12-31	Net margin	35.7%	Net Income: 2852000000 Open source Revenue: 7995000000 Open source
20222022-12-31	Net margin	39.9%	Net Income: 3517000000 Open source Revenue: 8814000000 Open source
20232023-12-31	Net margin	31.3%	Net Income: 3927000000 Open source Revenue: 12555000000 Open source
20242024-12-31	Net margin	25.6%	Net Income: 3718000000 Open source Revenue: 14546000000 Open source
20252025-12-31	Net margin	27.5%	Net Income: 4141000000 Open source Revenue: 15078000000 Open source
20162016-12-31	Free cash flow margin	14.6%	Revenue: 6232000000 Open source Operating Cash Flow: 2089000000 Open source Capital Expenditure: 1182000000 Open source
20172017-12-31	Free cash flow margin	12.8%	Revenue: 6554000000 Open source Operating Cash Flow: 2182000000 Open source Capital Expenditure: 1340000000 Open source
20182018-12-31	Free cash flow margin	15.9%	Revenue: 7316000000 Open source Operating Cash Flow: 2712000000 Open source Capital Expenditure: 1551000000 Open source
20192019-12-31	Free cash flow margin	17.2%	Revenue: 7792000000 Open source Operating Cash Flow: 2990000000 Open source Capital Expenditure: 1647000000 Open source
20202020-12-31	Free cash flow margin	14.7%	Revenue: 7710000000 Open source Operating Cash Flow: 2802000000 Open source Capital Expenditure: 1671000000 Open source
20212021-12-31	Free cash flow margin	27%	Revenue: 7995000000 Open source Operating Cash Flow: 3688000000 Open source Capital Expenditure: 1532000000 Open source
20222022-12-31	Free cash flow margin	29.3%	Revenue: 8814000000 Open source Operating Cash Flow: 4142000000 Open source Capital Expenditure: 1557000000 Open source
20232023-12-31	Free cash flow margin	13.3%	Revenue: 12555000000 Open source Operating Cash Flow: 4137000000 Open source Capital Expenditure: 2468000000 Open source
20242024-12-31	Free cash flow margin	16.8%	Revenue: 14546000000 Open source Operating Cash Flow: 5269000000 Open source Capital Expenditure: 2825000000 Open source
20252025-12-31	Free cash flow margin	14.6%	Revenue: 15078000000 Open source Operating Cash Flow: 5309000000 Open source Capital Expenditure: 3102000000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

CAD 5.3B 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(CAD)	Source evidence
20162016-12-31	Operating cash flow	2089000000	Operating Cash Flow: 2089000000 Open source
20172017-12-31	Operating cash flow	2182000000	Operating Cash Flow: 2182000000 Open source
20182018-12-31	Operating cash flow	2712000000	Operating Cash Flow: 2712000000 Open source
20192019-12-31	Operating cash flow	2990000000	Operating Cash Flow: 2990000000 Open source
20202020-12-31	Operating cash flow	2802000000	Operating Cash Flow: 2802000000 Open source
20212021-12-31	Operating cash flow	3688000000	Operating Cash Flow: 3688000000 Open source
20222022-12-31	Operating cash flow	4142000000	Operating Cash Flow: 4142000000 Open source
20232023-12-31	Operating cash flow	4137000000	Operating Cash Flow: 4137000000 Open source
20242024-12-31	Operating cash flow	5269000000	Operating Cash Flow: 5269000000 Open source
20252025-12-31	Operating cash flow	5309000000	Operating Cash Flow: 5309000000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

CAD 2.2B 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(CAD)	Source evidence
20162016-12-31	Free cash flow	907000000	Operating Cash Flow: 2089000000 Open source Capital Expenditure: 1182000000 Open source
20172017-12-31	Free cash flow	842000000	Operating Cash Flow: 2182000000 Open source Capital Expenditure: 1340000000 Open source
20182018-12-31	Free cash flow	1161000000	Operating Cash Flow: 2712000000 Open source Capital Expenditure: 1551000000 Open source
20192019-12-31	Free cash flow	1343000000	Operating Cash Flow: 2990000000 Open source Capital Expenditure: 1647000000 Open source
20202020-12-31	Free cash flow	1131000000	Operating Cash Flow: 2802000000 Open source Capital Expenditure: 1671000000 Open source
20212021-12-31	Free cash flow	2156000000	Operating Cash Flow: 3688000000 Open source Capital Expenditure: 1532000000 Open source
20222022-12-31	Free cash flow	2585000000	Operating Cash Flow: 4142000000 Open source Capital Expenditure: 1557000000 Open source
20232023-12-31	Free cash flow	1669000000	Operating Cash Flow: 4137000000 Open source Capital Expenditure: 2468000000 Open source
20242024-12-31	Free cash flow	2444000000	Operating Cash Flow: 5269000000 Open source Capital Expenditure: 2825000000 Open source
20252025-12-31	Free cash flow	2207000000	Operating Cash Flow: 5309000000 Open source Capital Expenditure: 3102000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

45.5% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Liabilities / assets	75.9%	Total Liabilities: 14595000000 Open source Total Assets: 19221000000 Open source
20172017-12-31	Liabilities / assets	68%	Total Liabilities: 13698000000 Open source Total Assets: 20135000000 Open source
20182018-12-31	Liabilities / assets	68.8%	Total Liabilities: 14618000000 Open source Total Assets: 21254000000 Open source
20192019-12-31	Liabilities / assets	68.4%	Total Liabilities: 15298000000 Open source Total Assets: 22367000000 Open source
20202020-12-31	Liabilities / assets	69%	Total Liabilities: 16321000000 Open source Total Assets: 23640000000 Open source
20212021-12-31	Liabilities / assets	50.4%	Total Liabilities: 34348000000 Open source Total Assets: 68177000000 Open source
20222022-12-31	Liabilities / assets	47.1%	Total Liabilities: 34609000000 Open source Total Assets: 73495000000 Open source
20232023-12-31	Liabilities / assets	46.9%	Total Liabilities: 37491000000 Open source Total Assets: 79902000000 Open source
20242024-12-31	Liabilities / assets	44.3%	Total Liabilities: 38854000000 Open source Total Assets: 87744000000 Open source
20252025-12-31	Liabilities / assets	45.5%	Total Liabilities: 39120000000 Open source Total Assets: 85945000000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.49× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Current assets / current liabilities	0.75×	Current Assets: 1009000000 Open source Current Liabilities: 1347000000 Open source
20172017-12-31	Current assets / current liabilities	0.64×	Current Assets: 1274000000 Open source Current Liabilities: 1984000000 Open source
20182018-12-31	Current assets / current liabilities	0.57×	Current Assets: 1117000000 Open source Current Liabilities: 1955000000 Open source
20192019-12-31	Current assets / current liabilities	0.53×	Current Assets: 1210000000 Open source Current Liabilities: 2292000000 Open source
20202020-12-31	Current assets / current liabilities	0.5×	Current Assets: 1321000000 Open source Current Liabilities: 2653000000 Open source
20212021-12-31	Current assets / current liabilities	0.43×	Current Assets: 1352000000 Open source Current Liabilities: 3159000000 Open source
20222022-12-31	Current assets / current liabilities	0.59×	Current Assets: 1889000000 Open source Current Liabilities: 3213000000 Open source
20232023-12-31	Current assets / current liabilities	0.53×	Current Assets: 3002000000 Open source Current Liabilities: 5710000000 Open source
20242024-12-31	Current assets / current liabilities	0.6×	Current Assets: 3384000000 Open source Current Liabilities: 5661000000 Open source
20252025-12-31	Current assets / current liabilities	0.49×	Current Assets: 2939000000 Open source Current Liabilities: 5991000000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	CAD 1.6 billion Exact value Exact value: 1599000000 CAD 2016-01-01 – 2016-12-31: 1599000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2016-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 1599000000 CAD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 1599000000 CAD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687519000017/cpr2018-annualreportx1.htm#5014709 Filing: 000001687519000017 The citation records this snapshot. The page link may show a newer release later.	CAD 2.09 billion Exact value Exact value: 2089000000 CAD 2016-01-01 – 2016-12-31: 2089000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2016-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 2089000000 CAD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 2089000000 CAD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687519000017/cpr2018-annualreportx1.htm#5602058 Filing: 000001687519000017 The citation records this snapshot. The page link may show a newer release later.	CAD 1.18 billion Exact value Exact value: 1182000000 CAD 2016-01-01 – 2016-12-31: 1182000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2016-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 1182000000 CAD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 1182000000 CAD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687519000017/cpr2018-annualreportx1.htm#5608024 Filing: 000001687519000017 The citation records this snapshot. The page link may show a newer release later.	CAD 907 million Calculation and evidence 2089000000 − 1182000000 CAD Exact free cash flow: 907000000 CAD 2016-01-01 – 2016-12-31: 2089000000 CAD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 1182000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2016-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 907000000 CAD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2089000000 CAD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687519000017/cpr2018-annualreportx1.htm#5602058 Filing: 000001687519000017 Input fundies:CapitalExpenditure: 1182000000 CAD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687519000017/cpr2018-annualreportx1.htm#5608024 Filing: 000001687519000017 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	CAD 2.41 billion Exact value Exact value: 2405000000 CAD 2017-01-01 – 2017-12-31: 2405000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2017-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 2405000000 CAD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 2405000000 CAD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687520000007/cpr2019-annualreportx1.htm#5286288 Filing: 000001687520000007 The citation records this snapshot. The page link may show a newer release later.	CAD 2.18 billion Exact value Exact value: 2182000000 CAD 2017-01-01 – 2017-12-31: 2182000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2017-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 2182000000 CAD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 2182000000 CAD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687520000007/cpr2019-annualreportx1.htm#5885949 Filing: 000001687520000007 The citation records this snapshot. The page link may show a newer release later.	CAD 1.34 billion Exact value Exact value: 1340000000 CAD 2017-01-01 – 2017-12-31: 1340000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2017-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 1340000000 CAD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 1340000000 CAD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687520000007/cpr2019-annualreportx1.htm#5891915 Filing: 000001687520000007 The citation records this snapshot. The page link may show a newer release later.	CAD 842 million Calculation and evidence 2182000000 − 1340000000 CAD Exact free cash flow: 842000000 CAD 2017-01-01 – 2017-12-31: 2182000000 CAD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 1340000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2017-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 842000000 CAD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2182000000 CAD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687520000007/cpr2019-annualreportx1.htm#5885949 Filing: 000001687520000007 Input fundies:CapitalExpenditure: 1340000000 CAD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687520000007/cpr2019-annualreportx1.htm#5891915 Filing: 000001687520000007 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	CAD 1.95 billion Exact value Exact value: 1951000000 CAD 2018-01-01 – 2018-12-31: 1951000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2018-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 1951000000 CAD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 1951000000 CAD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687521000008/cp-20201231.htm#2954818 Filing: 000001687521000008 The citation records this snapshot. The page link may show a newer release later.	CAD 2.71 billion Exact value Exact value: 2712000000 CAD 2018-01-01 – 2018-12-31: 2712000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2018-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 2712000000 CAD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 2712000000 CAD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687521000008/cp-20201231.htm#2386619 Filing: 000001687521000008 The citation records this snapshot. The page link may show a newer release later.	CAD 1.55 billion Exact value Exact value: 1551000000 CAD 2018-01-01 – 2018-12-31: 1551000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2018-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 1551000000 CAD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 1551000000 CAD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687521000008/cp-20201231.htm#2390289 Filing: 000001687521000008 The citation records this snapshot. The page link may show a newer release later.	CAD 1.16 billion Calculation and evidence 2712000000 − 1551000000 CAD Exact free cash flow: 1161000000 CAD 2018-01-01 – 2018-12-31: 2712000000 CAD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 1551000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2018-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 1161000000 CAD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2712000000 CAD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687521000008/cp-20201231.htm#2386619 Filing: 000001687521000008 Input fundies:CapitalExpenditure: 1551000000 CAD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687521000008/cp-20201231.htm#2390289 Filing: 000001687521000008 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	CAD 2.44 billion Exact value Exact value: 2440000000 CAD 2019-01-01 – 2019-12-31: 2440000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2019-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 2440000000 CAD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 2440000000 CAD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687522000010/cp-20211231.htm#2975827 Filing: 000001687522000010 The citation records this snapshot. The page link may show a newer release later.	CAD 2.99 billion Exact value Exact value: 2990000000 CAD 2019-01-01 – 2019-12-31: 2990000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2019-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 2990000000 CAD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 2990000000 CAD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687522000010/cp-20211231.htm#2398866 Filing: 000001687522000010 The citation records this snapshot. The page link may show a newer release later.	CAD 1.65 billion Exact value Exact value: 1647000000 CAD 2019-01-01 – 2019-12-31: 1647000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2019-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 1647000000 CAD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 1647000000 CAD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687522000010/cp-20211231.htm#2402567 Filing: 000001687522000010 The citation records this snapshot. The page link may show a newer release later.	CAD 1.34 billion Calculation and evidence 2990000000 − 1647000000 CAD Exact free cash flow: 1343000000 CAD 2019-01-01 – 2019-12-31: 2990000000 CAD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 1647000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2019-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 1343000000 CAD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2990000000 CAD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687522000010/cp-20211231.htm#2398866 Filing: 000001687522000010 Input fundies:CapitalExpenditure: 1647000000 CAD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687522000010/cp-20211231.htm#2402567 Filing: 000001687522000010 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	CAD 2.44 billion Exact value Exact value: 2444000000 CAD 2020-01-01 – 2020-12-31: 2444000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2020-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 2444000000 CAD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 2444000000 CAD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687523000008/cp-20221231.htm#2450024 Filing: 000001687523000008 The citation records this snapshot. The page link may show a newer release later.	CAD 2.8 billion Exact value Exact value: 2802000000 CAD 2020-01-01 – 2020-12-31: 2802000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2020-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 2802000000 CAD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 2802000000 CAD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687523000008/cp-20221231.htm#1892852 Filing: 000001687523000008 The citation records this snapshot. The page link may show a newer release later.	CAD 1.67 billion Exact value Exact value: 1671000000 CAD 2020-01-01 – 2020-12-31: 1671000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2020-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 1671000000 CAD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 1671000000 CAD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687523000008/cp-20221231.htm#1896559 Filing: 000001687523000008 The citation records this snapshot. The page link may show a newer release later.	CAD 1.13 billion Calculation and evidence 2802000000 − 1671000000 CAD Exact free cash flow: 1131000000 CAD 2020-01-01 – 2020-12-31: 2802000000 CAD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 1671000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2020-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 1131000000 CAD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2802000000 CAD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687523000008/cp-20221231.htm#1892852 Filing: 000001687523000008 Input fundies:CapitalExpenditure: 1671000000 CAD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687523000008/cp-20221231.htm#1896559 Filing: 000001687523000008 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	CAD 2.85 billion Exact value Exact value: 2852000000 CAD 2021-01-01 – 2021-12-31: 2852000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2021-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 2852000000 CAD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 2852000000 CAD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687524000009/cp-20231231.htm#1965030 Filing: 000001687524000009 The citation records this snapshot. The page link may show a newer release later.	CAD 3.69 billion Exact value Exact value: 3688000000 CAD 2021-01-01 – 2021-12-31: 3688000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2021-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 3688000000 CAD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 3688000000 CAD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687524000009/cp-20231231.htm#1504126 Filing: 000001687524000009 The citation records this snapshot. The page link may show a newer release later.	CAD 1.53 billion Exact value Exact value: 1532000000 CAD 2021-01-01 – 2021-12-31: 1532000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2021-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 1532000000 CAD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 1532000000 CAD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687524000009/cp-20231231.htm#1506646 Filing: 000001687524000009 The citation records this snapshot. The page link may show a newer release later.	CAD 2.16 billion Calculation and evidence 3688000000 − 1532000000 CAD Exact free cash flow: 2156000000 CAD 2021-01-01 – 2021-12-31: 3688000000 CAD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 1532000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2021-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 2156000000 CAD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 3688000000 CAD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687524000009/cp-20231231.htm#1504126 Filing: 000001687524000009 Input fundies:CapitalExpenditure: 1532000000 CAD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687524000009/cp-20231231.htm#1506646 Filing: 000001687524000009 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	CAD 3.52 billion Exact value Exact value: 3517000000 CAD 2022-01-01 – 2022-12-31: 3517000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2022-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 3517000000 CAD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 3517000000 CAD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687525000008/cp-20241231.htm#1880733 Filing: 000001687525000008 The citation records this snapshot. The page link may show a newer release later.	CAD 4.14 billion Exact value Exact value: 4142000000 CAD 2022-01-01 – 2022-12-31: 4142000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2022-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 4142000000 CAD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 4142000000 CAD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687525000008/cp-20241231.htm#1435449 Filing: 000001687525000008 The citation records this snapshot. The page link may show a newer release later.	CAD 1.56 billion Exact value Exact value: 1557000000 CAD 2022-01-01 – 2022-12-31: 1557000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2022-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 1557000000 CAD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 1557000000 CAD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687525000008/cp-20241231.htm#1437969 Filing: 000001687525000008 The citation records this snapshot. The page link may show a newer release later.	CAD 2.59 billion Calculation and evidence 4142000000 − 1557000000 CAD Exact free cash flow: 2585000000 CAD 2022-01-01 – 2022-12-31: 4142000000 CAD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 1557000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2022-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 2585000000 CAD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 4142000000 CAD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687525000008/cp-20241231.htm#1435449 Filing: 000001687525000008 Input fundies:CapitalExpenditure: 1557000000 CAD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687525000008/cp-20241231.htm#1437969 Filing: 000001687525000008 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	CAD 3.93 billion Exact value Exact value: 3927000000 CAD 2023-01-01 – 2023-12-31: 3927000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2023-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 3927000000 CAD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 3927000000 CAD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1830291 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 4.14 billion Exact value Exact value: 4137000000 CAD 2023-01-01 – 2023-12-31: 4137000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2023-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 4137000000 CAD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 4137000000 CAD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1345633 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 2.47 billion Exact value Exact value: 2468000000 CAD 2023-01-01 – 2023-12-31: 2468000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2023-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 2468000000 CAD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 2468000000 CAD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1348159 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 1.67 billion Calculation and evidence 4137000000 − 2468000000 CAD Exact free cash flow: 1669000000 CAD 2023-01-01 – 2023-12-31: 4137000000 CAD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 2468000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2023-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 1669000000 CAD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 4137000000 CAD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1345633 Filing: 000001687526000008 Input fundies:CapitalExpenditure: 2468000000 CAD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1348159 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	CAD 3.72 billion Exact value Exact value: 3718000000 CAD 2024-01-01 – 2024-12-31: 3718000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2024-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 3718000000 CAD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 3718000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1829463 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 5.27 billion Exact value Exact value: 5269000000 CAD 2024-01-01 – 2024-12-31: 5269000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2024-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 5269000000 CAD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 5269000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1345025 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 2.83 billion Exact value Exact value: 2825000000 CAD 2024-01-01 – 2024-12-31: 2825000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2024-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 2825000000 CAD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 2825000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1347617 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 2.44 billion Calculation and evidence 5269000000 − 2825000000 CAD Exact free cash flow: 2444000000 CAD 2024-01-01 – 2024-12-31: 5269000000 CAD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 2825000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2024-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 2444000000 CAD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 5269000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1345025 Filing: 000001687526000008 Input fundies:CapitalExpenditure: 2825000000 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1347617 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	CAD 4.14 billion Exact value Exact value: 4141000000 CAD 2025-01-01 – 2025-12-31: 4141000000 CAD Inspect Net Income Open source Share or cite Citation for Net Income · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Net Income: 4141000000 CAD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CAD&dimensions= Input fundies:NetIncome: 4141000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1828500 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 5.31 billion Exact value Exact value: 5309000000 CAD 2025-01-01 – 2025-12-31: 5309000000 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Operating Cash Flow: 5309000000 CAD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: 5309000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1344282 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 3.1 billion Exact value Exact value: 3102000000 CAD 2025-01-01 – 2025-12-31: 3102000000 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Capital Expenditure: 3102000000 CAD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 3102000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1347075 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.	CAD 2.21 billion Calculation and evidence 5309000000 − 3102000000 CAD Exact free cash flow: 2207000000 CAD 2025-01-01 – 2025-12-31: 5309000000 CAD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 3102000000 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · CANADIAN PACIFIC RAILWAY LTD/CN · 2025-12-31 CANADIAN PACIFIC RAILWAY LTD/CN (edgar:16875) Free cash flow: 2207000000 CAD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T19:46:18Z Snapshot: 19cb580eb25f6f13845d8560289317893f832f02177b82efabec11d5d074efc9 Dimensions: Consolidated View: https://fundies.io/companies/edgar/16875?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 5309000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1344282 Filing: 000001687526000008 Input fundies:CapitalExpenditure: 3102000000 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/16875/000001687526000008/cp-20251231.htm#1347075 Filing: 000001687526000008 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

548 filings · 3,931 latest values · 3,931 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000016875, 16875, CP, edgar:16875

Also known as CANADIAN PACIFIC KANSAS CITY LTD/CN, CANADIAN PACIFIC KANSAS CITY LTD/CN, CANADIAN PACIFIC RAILWAY CO/CN, CANADIAN PACIFIC RAILWAY LTD/CN

CANADIAN PACIFIC RAILWAY LTD/CN

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Trailing twelve months

Revenue

Net income

Operating cash flow

Capital expenditure

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation