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Canadian Pacific Kansas City CP Purchased services and other (Note 26)

Purchased services and other (Note 26) at other companies

Norfolk Southern logo
Norfolk SouthernNSC
$522M+4.8%
CSX logo
CSXCSX
$79M-3.7%
CSX logo
CSXCSX
$84M-3.4%
Southwest Airlines logo
Southwest AirlinesLUV
$205M+45.4%
Norfolk Southern logo
Norfolk SouthernNSC
$418M+4.2%
JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
$1.4B+8.6%

Other financials

Income statement

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Revenue$3.7B-2.5%
Operating income$1.3B-4.5%
Net income$846.0M-7.0%
EPS (diluted)$0.94-3.1%

Balance sheet

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Cash & equivalents$409.0M-41.2%
Total debt$24.5B
Total equity$46.5B-3.7%
Total assets$87.7B-0.4%

Cash flow

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Operating cash flow$976.0M-15.6%
CapEx$664.0M-6.6%
Free cash flow$312.0M-29.9%

Valuation

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Market cap$76B+7.7%
Enterprise value$100.12B
P/E18.6×+0.3×
P/S5.1×+0.3×

Profitability

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Operating margin37%+1.0pp
Net margin27.2%+1.2pp

Returns & leverage

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Return on equity8.6%+0.1pp
Debt / equity0.5×
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:PurchasedServicesandOther.

The official record: Canadian Pacific Kansas City’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Canadian Pacific Kansas City's purchased services and other (note 26)?
Canadian Pacific Kansas City (CP) reported purchased services and other (note 26) of $560M in Q1 2026.
How has Canadian Pacific Kansas City's purchased services and other (note 26) changed year-over-year?
Canadian Pacific Kansas City's purchased services and other (note 26) decreased by 4.8% year-over-year, from $588M to $560M.
What is the long-term trend for Canadian Pacific Kansas City's purchased services and other (note 26)?
Over 4 years (2021 to 2025), Canadian Pacific Kansas City's purchased services and other (note 26) has grown at a 16.7% compound annual growth rate (CAGR), from $1.22B to $2.26B.
What does purchased services and other (note 26) mean?
Expenses paid to external vendors for services that support railroad operations.
How do you interpret purchased services and other (note 26)?
Rising costs may indicate a shift toward outsourcing, while decreasing costs suggest bringing operations in-house or improved vendor management.
How does purchased services and other (note 26) compare across companies?
Varies based on the company's specific outsourcing strategy compared to peers.