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Equipment rents at other companies

Norfolk Southern logo
Norfolk SouthernNSC
$115M+3.6%
CSX logo
CSXCSX
$97M+3.2%
CSX logo
CSXCSX
$97M+3.2%
CSX logo
CSXCSX
$92M+2.2%
Universal Logistics Holdings, Inc. logo
Universal Logistics Holdings, Inc.ULH
$60.68M-23.9%
Universal Logistics Holdings, Inc. logo
Universal Logistics Holdings, Inc.ULH
$17.63M-46.6%

Other financials

Income statement

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Revenue$4.2B+12.6%
Operating income$1.5B+9.6%
Net income$1.0B-17.0%
EPS (diluted)$1.15-13.5%

Balance sheet

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Cash & equivalents$366.0M-54.2%
Total debt$2.9B
Total equity$47.6B+3.0%
Total assets$89.3B+4.8%

Cash flow

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Operating cash flow$1.7B+27.4%
CapEx$758.0M+2.0%
Free cash flow$968.0M+58.2%

Valuation

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Market cap$78.14B+16.7%
Enterprise value$80.67B
P/E20.2×+4.2×
P/S5.1×+0.6×

Profitability

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Operating margin36.8%+0.4pp
Net margin25%-3.0pp
FCF margin15.7%-1.3pp

Returns & leverage

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Return on equity8.2%-1.0pp
Debt / equity0.1×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Canadian Pacific Kansas City in its filing.

Tagged under the XBRL concept cp:EquipmentRents.

The source filing: Canadian Pacific Kansas City’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:18 PM EDT
Accession
0000016875-26-000024

FAQ

What is Canadian Pacific Kansas City's equipment rents?
Canadian Pacific Kansas City (CP) reported equipment rents of $97M in Q2 2026.
How has Canadian Pacific Kansas City's equipment rents changed year-over-year?
Canadian Pacific Kansas City's equipment rents decreased by 5.8% year-over-year, from $103M to $97M.
What is the long-term trend for Canadian Pacific Kansas City's equipment rents?
Over 4 years (2021 to 2025), Canadian Pacific Kansas City's equipment rents has grown at a 35.5% compound annual growth rate (CAGR), from $121M to $408M.
What does equipment rents mean?
The expense associated with leasing railcars, locomotives, or other equipment from third parties to supplement the company's own fleet. This provides operational flexibility during peak demand periods.

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