Canadian Pacific Kansas City — Third Quarter 2026 Earnings Summary

Canadian Pacific Kansas City reported third-quarter 2026 revenues of $4.2 billion, representing a 15 percent increase from the same period in 2025. Diluted earnings per share rose 3 percent to $1.04, while core adjusted diluted earnings per share increased 16 percent to $1.28. The company's reported operating ratio expanded to 64.8 percent, a 130 basis point increase driven primarily by higher fuel prices. Despite these headwinds, revenue ton-miles grew by 6 percent, and the company remains on track to meet its full-year 2026 commitments.