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 $) Q4 2023 % Change
Total Revenues ($M) $3,776 53%
Operating Ratio as reported (%) 61.8% 200 bps
Core Adjusted Combined Operating Ratio (%)(1) 58.7% -220 bps
Operating Income as reported ($M) $1,442 46%
Core Adjusted Combined Operating Income ($M) (2) $1,560 10%
Diluted EPS as reported $1.10 -19%
Core Adjusted Combined Diluted EPS(1) $1.18 4%

(1)For a full description and reconciliation of Non-GAAP Measures, see CPKC’s Q4 2023 Earnings Release on investor.cpkcr.com and 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 fourth quarter ended December 31, 2022, as if the acquisition closed on January 1, 2022.
For the three months ended December 31, 2023, KCS was consolidated for the period. For a full description and reconciliation of this Non-GAAP measure see Q4 2023 Unaudited Combined Summary of Supplemental Data on investor.cpkcr.com