(Source: CPKC press release, January 28, 2026)
Canadian Pacific Kansas City (CPKC) on January 28,, 2026, announced its fourth-quarter results, including revenues of $3.9 billion, diluted earnings per share (EPS) of $1.20 and core adjusted diluted EPS of $1.33.
Fourth-quarter 2025 results
- Revenues increased one percent to $3.9 billion
- Reported operating ratio (OR) decreased 80 basis points (bps) to 58.9 percent, a CPKC record
- Record CPKC core adjusted OR of 55.9 percent, a 120 bps improvement
- Reported diluted EPS decreased to $1.20 from $1.28 in Q4 2024
- Core adjusted diluted EPS increased three percent to $1.33 from $1.29 in Q4 2024
- Record CPKC Q4 operating metrics in train weights, network speed, locomotive productivity and car miles per car day
Full-year 2025 results
- Revenues increased four percent to $15.1 billion from $14.5 billion in 2024
- Reported OR decreased 160 bps to 62.8 percent
- Core adjusted OR improved to a CPKC record-low 59.9 percent, a 140 bps improvement year over year
- Reported diluted EPS increased to $4.51 from $3.98 in 2024
- Core adjusted diluted EPS increased eight percent to $4.61 from $4.25 in 2024
- Federal Railroad Administration (FRA)-reportable personal injury frequency decreased to 0.92 from 0.95 in 2024
- FRA-reportable train accident frequency decreased to 0.85 from 1.01 in 2024
In 2025, for the third consecutive year, CPKC led the industry with the lowest FRA-reportable train accident frequency among Class I railroads, building on Canadian Pacific’s legacy of 17 consecutive years of industry leadership.
Full story: www.cpkcr.com