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Canadian Pacific Kansas City (CP) Reports Q4 Earnings: What Key Metrics Have to Say

By Zacks Equity Research | January 28, 2026, 8:00 PM

Canadian Pacific Kansas City (CP) reported $2.81 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 1.6%. EPS of $0.95 for the same period compares to $0.92 a year ago.

The reported revenue represents a surprise of -1.79% over the Zacks Consensus Estimate of $2.87 billion. With the consensus EPS estimate being $0.99, the EPS surprise was -4.04%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Canadian Pacific Kansas City performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue ton-miles (RTMs) - Intermodal: 9.34 billion compared to the 9.64 billion average estimate based on four analysts.
  • Carloads - Energy, chemicals and plastics: 139.1 thousand versus the four-analyst average estimate of 140.84 thousand.
  • Revenue ton-miles (RTMs) - Metals, minerals and consumer products: 4.67 billion versus the four-analyst average estimate of 4.63 billion.
  • Revenue ton-miles (RTMs) - Energy, chemicals and plastics: 9.41 billion versus the four-analyst average estimate of 9.45 billion.
  • Core adjusted operating ratio: 55.9% versus 56.4% estimated by four analysts on average.
  • Carloads - Total: 1.13 million versus the four-analyst average estimate of 1.14 million.
  • Carloads - Grain: 162.2 thousand compared to the 164.46 thousand average estimate based on four analysts.
  • Carloads - Coal: 127.6 thousand versus the four-analyst average estimate of 124.24 thousand.
  • Carloads - Potash: 42.4 thousand versus 47.25 thousand estimated by four analysts on average.
  • Carloads - Fertilizers and sulphur: 17.4 thousand compared to the 17.54 thousand average estimate based on four analysts.
  • Carloads - Forest products: 30.5 thousand versus the four-analyst average estimate of 32.54 thousand.
  • Revenue ton-miles (RTMs) - Automotive: 1.33 billion versus 1.34 billion estimated by four analysts on average.

View all Key Company Metrics for Canadian Pacific Kansas City here>>>

Shares of Canadian Pacific Kansas City have returned -2.1% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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Canadian Pacific Kansas City Limited (CP): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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