Canadian Pacific Kansas City Ltd
Close on Nov 2, 2026Market cap $80.43BP/E 29.8Yield 0.68%
Canadian Pacific Kansas City Operating ratio — GAAP by Year
Operating ratio — GAAP (%)
Canadian Pacific Kansas City Operating ratio — GAAP: 62.8% in 2025, down 1.6 pts from a year earlier.
Where the 2025 figure comes from
Source: CPKC Form 8-K, filed 2026-01-28 ↗
Reported in CPKC Form 8-K (Summary of Rail Data & Non-GAAP Measures).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Operating ratio — GAAP (%) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 62.8% | -1.6 pts | CPKC Form 8-K, filed 2026-01-28 ↗ |
| 2024 | Dec 31, 2024 | 64.4% | -0.6 pts | CPKC Form 8-K, filed 2026-01-28 ↗ |
| 2023 | Dec 31, 2023 | 65.0% | +2.8 pts | CPKC Form 8-K, filed 2025-01-29 ↗ |
| 2022 | Dec 31, 2022 | 62.2% | +2.3 pts | CPKC Form 8-K, filed 2024-01-30 ↗ |
| 2021 | Dec 31, 2021 | 59.9% | +2.8 pts | CPKC Form 8-K, filed 2023-01-31 ↗ |
| 2020 | Dec 31, 2020 | 57.1% | -2.8 pts | CPKC Form 8-K, filed 2022-01-27 ↗ |
| 2019 | Dec 31, 2019 | 59.9% | -1.4 pts | CPKC Form 8-K, filed 2021-01-27 ↗ |
| 2018 | Dec 31, 2018 | 61.3% | -0.3 pts | CPKC Form 8-K, filed 2020-01-29 ↗ |
| 2017 | Dec 31, 2017 | 61.6% | +3.0 pts | CPKC Form 8-K, filed 2019-01-23 ↗ |
| 2016 | Dec 31, 2016 | 58.6% | -1.4 pts | CPKC Form 8-K, filed 2018-01-18 ↗ |
| 2015 | Dec 31, 2015 | 60.0% | -4.7 pts | CPKC Form 8-K, filed 2017-01-18 ↗ |
| 2014 | Dec 31, 2014 | 64.7% | – | CPKC Form 8-K, filed 2016-01-21 ↗ |
Breakdown
What makes up operating ratio — GAAP
Cite this data
StockData. (2026). Canadian Pacific Kansas City Operating ratio — GAAP (%), annual 2014–2025 [Data set]. Compiled from Canadian Pacific Kansas City SEC filings and investor materials. https://stockdatahq.com/stocks/cp/kpis/gaap-operating-ratio
See every metric in the Canadian Pacific Kansas City KPI table. Data updated Nov 2, 2026.