Canadian Pacific Kansas City Ltd
Close on Nov 2, 2026Market cap $80.43BP/E 29.8Yield 0.68%
Canadian Pacific Kansas City Core adjusted (combined) operating ratio by Quarter
Core adjusted (combined) operating ratio (%)
Canadian Pacific Kansas City Core adjusted (combined) operating ratio: 61.9% in Q3 2026, up 1.2 pts from a year earlier.
Where the Q3 2026 figure comes from
Source: CPKC Form 8-K, filed 2026-10-28 ↗
Excludes KCS purchase accounting & significant items; Combined CP + KCS basis in FY2023–FY2024 and consolidated CPKC in FY2025–FY2026.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Core adjusted (combined) operating ratio (%) | Year on year | Source |
|---|---|---|---|---|
| Q3 2026 | Sep 30, 2026 | 61.9% | +1.2 pts | CPKC Form 8-K, filed 2026-10-28 ↗ |
| Q2 2026 | Jun 30, 2026 | 61.6% | +0.9 pts | CPKC Form 8-K, filed 2026-07-29 ↗ |
| Q1 2026 | Mar 31, 2026 | 63.0% | +0.5 pts | CPKC Form 8-K, filed 2026-04-29 ↗ |
| Q4 2025 | Dec 31, 2025 | 55.9% | -1.2 pts | CPKC Form 8-K, filed 2026-01-28 ↗ |
| Q3 2025 | Sep 30, 2025 | 60.7% | -2.2 pts | CPKC Form 8-K, filed 2026-10-28 ↗ |
| Q2 2025 | Jun 30, 2025 | 60.7% | -1.1 pts | CPKC Form 8-K, filed 2026-07-29 ↗ |
| Q1 2025 | Mar 31, 2025 | 62.5% | -1.5 pts | CPKC Form 8-K, filed 2026-04-29 ↗ |
| Q4 2024 | Dec 31, 2024 | 57.1% | -1.6 pts | CPKC Form 8-K, filed 2026-01-28 ↗ |
| Q3 2024 | Sep 30, 2024 | 62.9% | +1.2 pts | CPKC Form 8-K, filed 2025-10-29 ↗ |
| Q2 2024 | Jun 30, 2024 | 61.8% | -2.8 pts | CPKC Form 8-K, filed 2025-07-30 ↗ |
| Q1 2024 | Mar 31, 2024 | 64.0% | +0.5 pts | CPKC Form 8-K, filed 2025-04-30 ↗ |
| Q4 2023 | Dec 31, 2023 | 58.7% | -2.2 pts | CPKC Form 8-K, filed 2025-01-29 ↗ |
| Q3 2023 | Sep 30, 2023 | 61.7% | +1.9 pts | CPKC Form 8-K, filed 2024-10-23 ↗ |
| Q2 2023 | Jun 30, 2023 | 64.6% | +4.3 pts | CPKC Form 8-K, filed 2024-07-30 ↗ |
| Q1 2023 | Mar 31, 2023 | 63.5% | – | CPKC Investor Fact Book — 2026 Data Supplement ↗ |
| Q4 2022 | Dec 31, 2022 | 60.9% | – | CPKC Form 8-K, filed 2024-01-30 ↗ |
| Q3 2022 | Sep 30, 2022 | 59.8% | – | CPKC Form 8-K, filed 2023-10-25 ↗ |
| Q2 2022 | Jun 30, 2022 | 60.3% | – | CPKC Form 8-K, filed 2023-07-27 ↗ |
Cite this data
StockData. (2026). Canadian Pacific Kansas City Core adjusted (combined) operating ratio (%), quarterly Q2 2022–Q3 2026 [Data set]. Compiled from Canadian Pacific Kansas City SEC filings and investor materials. https://stockdatahq.com/stocks/cp/kpis/core-adj-operating-ratio
See every metric in the Canadian Pacific Kansas City KPI table. Data updated Nov 2, 2026.