Q2 Results

CP released its second-quarter financial and operating results at 8:30 a.m. ET on July 20 and discussed its results with the financial community in a conference call beginning at 11 a.m. ET

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Key Reports & Resources


These measures represent only some of the indicators of railroad performance.

Latest Quarterly Results

Latest Quarterly Results (CAD $) Q3 2023 % Change
Total Revenues ($M) $3,339 44%
Operating Ratio (%) 64.9% +540 bps
Core Adjusted Combined Operating Ratio (%)(1) 61.7% +190 bps
Operating Income ($M) $1,173 25%
Core Adjusted Combined Operating Income ($M) (2) $1,278 -8%
Diluted EPS $0.84 -13%
Core Adjusted Combined Diluted EPS(1) $0.92 -9%

(1)For a full description and reconciliation of Non-GAAP Measures, see CPKC’s Q3 2023 Earnings Release on investor.cpkcr.com and CPKC’s 2023 Q3 MD&A available on SEDAR+ at www.sedarplus.ca under CPKC’s SEDAR+ profile.
(2)Represents combined operating information to illustrate the estimated effects of the acquisition for the third quarter ended September 30, 2022, as if the acquisition closed on January 1, 2022.
For the three months ended September 30, 2023, KCS was consolidated for the period. For a full description and reconciliation see Q3 2023 Unaudited Combined Summary of Supplemental Data on investor.cpkcr.com