CPKC reported FY 2025 total revenues of CAD 15.1 billion, up 4.0%, driven primarily by higher volumes as measured by revenue ton-miles (RTMs). Freight revenues rose 4.0% to CAD 14.8 billion, while non-freight revenues fell 7.0% to CAD 302 million, mainly due to lower leasing revenues. Diluted EPS increased 13.0% to CAD 4.51 and core adjusted diluted EPS rose 8.0% to CAD 4.61. The operating ratio improved to 62.8% from 64.4%, and the core adjusted operating ratio improved to 59.9% from 61.3%. Volume indicators for FY 2025 included carloads of 4.5 million (up 3.0%) and RTMs of 219.4 billion (up 4.0%), with RTM growth attributed to higher Intermodal, Grain, Potash, Coal, and Automotive volumes, partly offset by lower crude volumes. By business line, FY 2025 freight revenues included Grain CAD 3.2 billion (up 7.0%), Intermodal CAD 2.7 billion (up 6.0%), Energy, chemicals and plastics CAD 2.9 billion (up 2.0%), and Coal CAD 1.0 billion (up 9.0%). CPKC cited higher international intermodal volumes to and from the Port of Vancouver and the Port of Saint John, including with the new Gemini Cooperation shipping alliance, while noting lower international intermodal volumes to and from the Port of Montréal. On corporate activity, CPKC sold its 50% equity method investment in the Panama Canal Railway Company on April 1, 2025, recognizing a pre-tax gain of USD 232 million (CAD 333 million). In capital allocation and financing, the company repurchased CAD 3.9 billion of shares in FY 2025, issued multiple notes during 2025, and reported commercial paper borrowings outstanding of USD 850 million (CAD 1.2 billion) at December 31, 2025. For FY 2026, CPKC expects to invest approximately CAD 2.7 billion in capital programs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPKC - Canadian Pacific Kansas City Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000016875-26-000008), on February 26, 2026, and is solely responsible for the information contained therein.