CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) Stock Analysis

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) Stock Analysis

Analysis from 10-Q filed 2025-10-30. Data as of Q4 2025.

Overall Grade: F (Concerning)

CANADIAN PACIFIC KANSAS CITY LTD/CN faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC 5.6% Below expectations
FCF Margin 14.6% Healthy cash flow
Debt/Equity 0.5x Conservative leverage

Investment Thesis: Healthy free cash flow margin of 14.6% provides financial flexibility for growth and shareholder returns.

Explore CANADIAN PACIFIC KANSAS CITY LTD/CN: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: CANADIAN PACIFIC KANSAS CITY LTD/CN earns 5.6% ROIC, Bottom 50% in Transportation

CANADIAN PACIFIC KANSAS CITY LTD/CN's trailing-twelve-month ROIC of 5.6% ranks Bottom 50% in Transportation companies (sector median: 6.7%), driven by NOPAT margin of 28.1% combined with asset turnover of 0.2x. Source: 10-Q filed 2025-10-30.

Metric CP Rating Context
Return on Invested Capital (ROIC) 5.6% Warning Below sector median of 6.7%
Return on Equity (ROE) 8.9% Adequate Moderate equity returns
Operating Margin 37.2% Excellent Efficient operations

Cash Flow: CANADIAN PACIFIC KANSAS CITY LTD/CN generates $2.2B FCF at 14.6% margin, positive NaN/8 quarters

CANADIAN PACIFIC KANSAS CITY LTD/CN generated $2.2B in free cash flow (TTM), a 14.6% FCF margin, a margin that ranks Top 10% in Transportation. Operating cash flow exceeds net income by 1.3x, indicating high earnings quality. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-10-30.

Metric CP Rating Context
Free Cash Flow Margin 14.6% Good Healthy cash generation
Free Cash Flow (TTM) $2.2B Good Positive cash generation
OCF/Net Income 1.3x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: CANADIAN PACIFIC KANSAS CITY LTD/CN at 0.5x leverage

CANADIAN PACIFIC KANSAS CITY LTD/CN's debt-to-equity ratio of 0.5x reflects moderate leverage. Total debt of $21.1B offset by $184.0M in cash. Source: 10-Q filed 2025-10-30.

Metric CP Rating Context
Debt to Equity 0.5x Good Conservative capital structure
Net Cash Position $-20.9B Warning Net debt position

Valuation: CANADIAN PACIFIC KANSAS CITY LTD/CN trades at 16.3x earnings

CANADIAN PACIFIC KANSAS CITY LTD/CN trades at a P/E of 16.3x. Free cash flow yield of 3.3% reflects market expectations for growth.

Metric CP Rating Context
P/E Ratio 16.3x Adequate Reasonable valuation
EV/Sales 5.8x Adequate Growth premium priced in
FCF Yield 3.3% Adequate Lower cash yield
Dividend Yield 1.2% Adequate Growth focus over income

Capital Allocation: CANADIAN PACIFIC KANSAS CITY LTD/CN returns 7.0% shareholder yield

CANADIAN PACIFIC KANSAS CITY LTD/CN's total shareholder yield is 7.0% (dividends 1.2% + buybacks 5.8%). Source: 10-Q filed 2025-10-30.

Metric CP Rating Context
Total Shareholder Yield 7.0% Excellent Dividend + buyback yield combined
Buyback Yield 5.8% Good Active share repurchases
Total Capital Returned (TTM) $4.7B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 5.6% Bottom 50% 0.8x below
Free Cash Flow Margin 14.6% Top 10% 3.9x above
Operating Margin 37.2% Top 5% 5.7x above
Return on Equity (ROE) 8.9% Bottom 50% 0.8x below
P/E Ratio 16.3x N/A -

Financial Scorecard

Metric CP Rating Sector Context
Return on Invested Capital (ROIC) 5.6% Warning Bottom 50% of sector (median: 6.7%)
Free Cash Flow Margin 14.6% Good Top 10% of sector (median: 3.8%)
Debt to Equity Ratio 46.0% Good Moderate leverage
P/E Ratio (Price-to-Earnings) 16.3x Adequate Fair value
Free Cash Flow Yield 3.3% Adequate Moderate yield

Frequently Asked Questions

Q: What is CANADIAN PACIFIC KANSAS CITY LTD/CN's Return on Invested Capital (ROIC)?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) has a trailing twelve-month Return on Invested Capital (ROIC) of 5.6%. This compares below the sector median of 6.7%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is CANADIAN PACIFIC KANSAS CITY LTD/CN's Free Cash Flow Margin?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) has a free cash flow margin of 14.6%, generating $2.2 billion in free cash flow over the trailing twelve months. A FCF margin between 10-20% represents healthy cash generation for most industries.

Q: Is CANADIAN PACIFIC KANSAS CITY LTD/CN stock overvalued or undervalued?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) trades at a P/E ratio of 16.3x, which is above the sector median of N/A. The EV/Sales multiple is 5.8x. Free cash flow yield is 3.3%, which is in line with market averages.

Q: Does CANADIAN PACIFIC KANSAS CITY LTD/CN pay a dividend?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) currently pays a dividend yield of 1.2%. Including share buybacks, the total shareholder yield is 7.0%. The relatively low yield suggests the company prioritizes growth reinvestment over income distribution.

Q: What is CANADIAN PACIFIC KANSAS CITY LTD/CN's revenue and earnings growth?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) grew revenue by 3.7% year-over-year. Earnings per share increased by 12.8% compared to the prior year. Modest growth indicates a mature business with stable demand.

Q: Is CANADIAN PACIFIC KANSAS CITY LTD/CN buying back stock?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) repurchased $3.9 billion of stock over the trailing twelve months. This represents a buyback yield of 5.8%.

Q: How does CANADIAN PACIFIC KANSAS CITY LTD/CN compare to competitors in Transportation?

Compared to other companies in Transportation, CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) shows: ROIC of 5.6% is below the sector median of 6.7% (Bottom 44%). FCF margin of 14.6% exceeds the sector median of 3.8% (Top 9% of sector). These rankings are based on MetricDuck's analysis of all Transportation companies with available SEC filings.

Q: What warning signs should I watch for with CANADIAN PACIFIC KANSAS CITY LTD/CN?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) shows no major financial warning signs based on current metrics. However, investors should always monitor: 1) Margin compression trends, 2) Cash flow consistency, 3) Debt levels relative to cash generation, and 4) Changes in competitive positioning.


Data Source: Data sourced from 10-Q filed 2025-10-30. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.