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10/30/2025
Canadian Pacific Kansas City yesterday reported third-quarter 2025 net income rose 9% to C$913 million and total revenue climbed 3% to C$3.7 billion compared with results reported in Q3 2024.
CPKC posted diluted earnings per share (EPS) of C$1.01 for the quarter, up from 90 cents a year ago. The quarter's core adjusted diluted EPS increased 11% to C$1.10 from C$0.99 in Q3 2024. The Class I's volume, as measured by revenue ton-miles, rose 5%. CPKC posted an operating ratio of 63.5% in Q3, down from 66.1% in the year-ago period.
Company officials described the results as "solid" in a press release.
"CPKC once again created profitable, sustainable growth in the third quarter, while navigating challenging macroeconomic conditions," said President and CEO Keith Creel. "Through our powerful network and unique partnerships, we are providing strong service and bringing innovative solutions to the market for our customers. I remain confident in our ability to continue delivering on our long-term value proposition."
The company will focus on growth for the remainder of 2025.
"Through strong execution of our strategy, focused on leveraging our North American footprint, we continue to expect to deliver on our full-year 2025 guidance," Creel said.