Income StatementBalance SheetCash FlowSegments
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Canadian Pacific Kansas City Cash Flow Statement

Operating, investing, and financing cash movements

Canadian Pacific Kansas City generated $5.1B in operating cash flow over the trailing twelve months. After $3.1B in capital expenditures, free cash flow was $2.1B. Free cash flow decreased 0.1% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$5.1BNet Cash From Investing (TTM)-$2.6BNet Cash From Financing (TTM)-$2.7BCapital Expenditures (TTM)$3.1BDepreciation And Amortization Cf (TTM)$2.0BNet Change In Cash (TTM)-28,600,000,000.0%
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$76.6B
P/E Ratio18.78
ROE8.61%

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from lines of credit$274.0M-$285.0M$8.0M$0.0-$1.0M$0.0
Net change in commercial paper—-$453.0M———-$494.0M
Proceeds from issuance of debt—$1.7B———$1.6B
Repayments of debt—$935.0M———$345.0M
Dividends paid$177.0M$177.0M$210.0M$205.0M$204.0M$204.0M
Payment of Deferred Purchase Consideration$2.0M-$5.0M-$1.0M-$2.0M$0.0-$4.0M
Noncontrolling interest transactions and other$2.0M-$5.0M-$1.0M-$2.0M$0.0-$4.0M
Net cash from financing activities-$761.0M-$484.0M-$901.0M-$782.0M-$979.0M-$81.0M
Other financing activities—-$5.0M———-$4.0M
Noncontrolling Interests Activity and Other$2.0M-$5.0M-$1.0M-$2.0M$0.0-$4.0M
Proceeds from issuance of common stock$14.0M$8.0M$30.0M$14.0M$21.0M$25.0M
Repurchases of common stock$0.0$347.0M$1.4B$1.8B$397.0M$680.0M
Payments of consent fees related to long-term debt$0.0$0.0$0.0$0.0$0.0—

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$742.0M$711.0M$743.0M$860.0M$788.0M$664.0M
Proceeds from Sale of Other Productive Assets$45.0M$11.0M$4.0M$1.0M$42.0M$8.0M
Payments to Acquire Held-to-Maturity Securities$0.0$0.0$0.0$0.0$0.0—
Payments To Acquire Property Within Consolidated Subsidiary With Noncontrolling Interest$9.0M$12.0M$12.0M$7.0M$7.0M$5.0M
Proceeds from Sale of Other Productive Assets$45.0M$11.0M$4.0M$1.0M$42.0M$8.0M
Net cash from investing activities-$712.0M-$715.0M-$306.0M-$882.0M-$762.0M-$672.0M
Other investing activities—$3.0M———$11.0M
Proceeds from sale of businesses—$11.0M———$8.0M
Proceeds from Sale and Maturity of Held-to-Maturity Securities$0.0$0.0$0.0$0.0$0.0—

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other working capital changes-$5.0M-$11.0M$39.0M-$55.0M-$83.0M-$12.0M
Deferred income taxes—$26.0M$9.0M-$11.0M$147.0M$15.0M
Depreciation and amortization$488.0M$504.0M$493.0M$503.0M$519.0M$512.0M
Net cash from operating activities$1.7B$1.2B$1.4B$1.3B$1.5B$976.0M
Net income$1.2B$909.0M$1.2B$917.0M$1.1B$845.0M
Payments For Tax Settlement$10.0M$11.0M$1.0M$0.0$0.0$0.0
Pension and postretirement benefit expense—-$95.0M———-$99.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$962.0M$445.0M$612.0M$414.0M$736.0M$312.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash4500000000.0%-100000000.0%-4400000000.0%200000000.0%-1000000000.0%200000000.0%
Net increase (decrease) in cash27600000000.0%-4400000000.0%10400000000.0%-38800000000.0%-22700000000.0%22500000000.0%
Proceeds From Issuance Of Other Long Term Debt$0.0$775.5M$775.5M$775.5M$775.5M—

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid—$237.0M———$291.0M
Interest paid$251.0M$180.0M$234.0M$192.0M$257.0M$203.0M