← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
CPKC, the only railway spanning Canada, the US and Mexico, grew revenue 3.7% to C$15.08B and net income 11.4% to C$4.14B, and returned C$3.94B through buybacks
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 3.7% to C$15.08BNote
- Profitability — Net income grew 11.4% to C$4.14BOK
- Cash flow — Free cash flow declined 9.7% to C$2.21B as capital spending rose 9.8%Watch
- Margins — Operating margin expanded 160 bps to 37.2%OK
- Accounting — Grey-zone balance-sheet screen; no manipulation flag; earnings quality safeNote
- Capital returns — Buybacks of C$3.94B and dividends of C$0.80BNote
Business
Canadian Pacific Kansas City owns and operates the only freight railway spanning Canada, the US and Mexico, a network of about 20,000 miles carrying bulk commodities, merchandise freight and intermodal traffic. It took control of Kansas City Southern on April 14, 2023, and runs the combined network on precision scheduled railroading.
Where the revenue comes from
Fiscal 2025, as CANADIAN PACIFIC KANSAS CITY LTD/CN reports it. History and quarterly detail are in the app.
- FreightCAD 14.8B
- Non-freightCAD 302.0M
- Non-freight excluding leasing revenuesCAD 193.0M
Leadership changes
From CANADIAN PACIFIC KANSAS CITY LTD/CN's own filings, the day they're filed.
- Marc Parent · Directors · departureeff. 2026-01-27
- Arturo Guti · Directors · departureeff. 2024-11-01
- John Orr · Chief Transformation Officer · departureeff. 2024-03-19
Latest filings
- 8-K · Company announcement2026-09-29
- 8-K · Company announcement2026-07-30
- 10-Q · Quarterly report2026-07-30
- 8-K · Company announcement2026-07-29
- 8-K · Company announcement2026-07-29
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about CANADIAN PACIFIC KANSAS CITY LTD/CN, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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