OakChart

Canadian Pacific Kansas City Limited

CPIndustrials·Railroads·Canada·Large·NYSE·Nov 13 • 5:40 AM ET

94.50-0.10 (-0.11%)
2026-11-13 13:10 CET
Market cap
$82.17B
Revenue, TTM
11,533.11 USD m
Net income, TTM
2,783.85 USD m
Free cash flow, TTM
2,080.68 USD m
EPS diluted, TTM
3.13
Price / earnings
30.22
Compare

Price

CP against its 20, 50 and 200-day averages
Terms2050200Miss
Patternshover a marker to name it
RS 46Sales 3,207Price3,0803,10780.0085.0090.0095.003.4M6.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26CPclose 94.5020-day 91.2250-day 88.78200-day 87.0794.5052w high 96.9052-week range, not 6 months

2.5% under the 52-week high of 96.90 on 21 Aug 2026. 52-week low 68.83 on 20 Nov 2025. Last 15 sessions, 10.8% high to low

Volume 0.00× normal · the line is the 50-bar volume average

Setup. RS line 46
CANSLIM 3 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); Performance: Year +50%
VCP 5 of 6 — fails: RSI (14): Not Overbought (<60)
Minervini 3 of 4 — fails: Performance: Year +50%
Zanger 3 of 5 — fails: Performance: Week +10%; Relative Volume: Over 1.5
Leaders 4 of 5 — fails: Performance: Year +50%
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 0 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%); Return on Equity: Over +15%
Quality 1 of 5 — fails: Return on Equity: Over +15%; Debt/Equity: Low (<0.1); P/E: Under 25; Current Ratio: Over 1
Value 0 of 4 — fails: P/E: Under 15; P/B: Under 2; Return on Equity: Over +15%; Debt/Equity: Low (<0.1)
Income 1 of 4 — fails: Dividend Yield: Over 2%; Dividend Growth: Growing 2+ Years; P/E: Under 25
Small Cap 2 of 4 — fails: Float: Under 100M; Performance: Year +50%
Accumulation 3 of 4 — fails: Institutional Transactions: Over +10%
Relative Strength 2 of 3 — fails: Performance: Year +100%

Profile

CP
52-week range, 91% of the way up
68.8396.90

Canadian Pacific Kansas City Ltd. engages in the provision of rail freight transportation services. It offers rail services linking Canada, the United States and Mexico. The company was founded on June 22, 2001, and is headquartered in Calgary, Canada.

Employees19479
IPODec 30, 1983
Beta1.05
ATR, 14d1.83
Rel volume0.00
Short float1.97%
Insider own0.06%
Inst own76.48%

Snapshot

6 groups

Valuation

Index-
Market Cap$82.17B
Enterprise Value100.79B
Income2.78B
Sales11.53B
Book / share37.03
Cash / share0.32
Dividend Est.0.73 (0.77%)
Dividend TTM0.71 (0.75%)
Dividend Ex-DateDec 31, 2026
Dividend Gr. 3/5Y2.79% 3.52%
Payout19.36%
Employees19479
IPODec 30, 1983

Ratios

Price / earnings30.22
Forward price / earnings22.72
Price / earnings / growth1.61
Price / sales7.12
Price / book2.55
Price / cash292.39
Price / free cash flow39.49
Value / cash profit17.56
Value / sales8.74
Quick Ratio0.44
Current Ratio0.52
Debt / equity0.56
Long-term debt / equity0.49
Options and shortYes / Yes

Earnings

Earnings / share3.13
Earnings next year4.16
Earnings next quarter1.08
Earnings this year11.14%
Earnings next year15.71%
Earnings growth, 5 years14.10%
Past earnings growth3.62% 3.74%
Past sales growth16.81% 13.42%
Earnings vs last year-5.10%
Sales vs last year7.34%
Earnings vs last quarter1.83%
Sales vs last quarter13.36%
EarningsOct 28 AMC
Surprise-2.06% 0.33%

Ownership

Insiders own0.06%
Insider trades0.00%
Institutions own76.48%
Institution trades0.33%
Return on assets4.44%
Return on equity8.55%
Return on capital5.81%
Gross Margin39.22%
Operating margin36.78%
Profit Margin24.14%
20-day average3.60%
50-day average6.44%
200-day average8.54%

Technical

Shares out870.80M
Shares floating869.02M
Short / float1.97%
Short ratio7.59
Short interest17.16M
52-week high96.90 -2.5%
52-week low68.83 +37.3%
Volatility1.64% 2.16%
Average range1.83
Strength index64.15
Market sensitivity1.05
Relative volume0.00
Avg Volume2.26M
Volume21

Performance

Perf Week2.53%
Perf Month8.73%
Perf Quarter0.62%
Perf Half Y11.08%
Perf YTD28.34%
Perf Year32.82%
Perf 3Y36.03%
Perf 5Y21.84%
Perf 10Y229.20%
Recommendation1.61
Target Price99.66
Prev Close94.60
Price94.50
Change %-0.11%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 15, 2026InitiatedCitizensMkt Perform
Dec 08, 2025UpgradeMorgan StanleyEqual-Weight → Overweight
Jun 02, 2025DowngradeGoldmanBuy → Neutral$91-3.7%
Feb 03, 2025DowngradeLoop CapitalBuy → Sell
Jan 08, 2025UpgradeWolfe ResearchPeer Perform → Outperform$86-9.0%
Jan 06, 2025UpgradeStephensEqual-Weight → Overweight$88-6.9%
Oct 24, 2024UpgradeSusquehannaNeutral → Positive$92-2.6%
Oct 09, 2024InitiatedCitigroupBuy$97+2.6%
Jul 10, 2024UpgradeScotiabankSector Perform → Sector Outperform
Jun 07, 2024InitiatedWells FargoOverweight$90-4.8%

Peers

Mkt cap
TickerCompanyMkt cap
CNICanadian National Railway Co76.63B
UNPUnion Pacific Corp180.57B
CSXCSX Corp97.15B
NSCNorfolk Southern Corp74.85B
WABWestinghouse Air Brake Technologies Corp50.43B
JBHTJ.B. Hunt Transport Services Inc21.21B
ODFLOld Dominion Freight Line Inc35.37B
GBXGreenbrier Cos. Inc1.30B
TRNTrinity Industries Inc2.36B
KNXKnight-Swift Transportation Holdings Inc10.03B

Held by

AUM
TickerCompanyAUM
DFIVDimensional International Value ETFAUM: 22.42B
JPEFJPMorgan Equity Focus ETFAUM: 2.01B
DFAIDimensional International Core Equity Market ETFAUM: 18.35B
DFICDimensional International Core Equity 2 ETFAUM: 15.50B
ASLVAllspring Special Large Value ETFAUM: 209.10M
NGIFNuveen Global Infrastructure Fund: ETF Class SharesAUM: 15.47M
NGIFNuveen Global Infrastructure Fund: ETF Class SharesAUM: 15.47M
DFAXDimensional World ex U.S. Core Equity 2 ETFAUM: 12.16B
BEEXThe Beehive ETFAUM: 192.80M
RGEFRockefeller Global Equity ETFAUM: 791.75M

News

latest 14 of 200
  • CPKC sets new October grain records in Canada, U.S. (PR Newswire)
  • CPKC EVP and CFO Nadeem Velani; SVP, Accounting, Planning and Procurement Ian Gray to address 2026 Scotiabank Transportation & Industrials Conference (PR Newswire)
  • Canadian Pacific Kansas City gets target hike as Scotiabank eyes earnings rebound (Investing.com)
  • Canadian Pacific Kansas City: Q3 Earnings Snapshot (Associated Press)
  • CPKC reports solid third quarter results; on track to deliver a strong 2026 (PR Newswire)
  • CPKC and EVR renew and expand rail service agreement (PR Newswire)
  • Canadian Pacific Kansas City Limited declares dividend (PR Newswire)
  • CPKC's Freight Upturn Faces Proof Test As Coal Drag And Merger Noise Weigh On Shares (Earnings Whispers)
  • CPKC Holiday Train begins 182-stop journey of music and giving Nov. 19 (PR Newswire)
  • CPKC sets new September and quarterly grain records in Canada, U.S. (PR Newswire)
  • Top Research Reports for Cisco, Shopify & Starbucks (Zacks)
  • CPKC reaches tentative collective agreement with BLET (PR Newswire)
  • CPKC to report third-quarter 2026 earnings results on October 28 (PR Newswire)
  • CPKC announces C$1.8 billion debt offering (PR Newswire)

Quarterly earnings

2026Q3 EPS 0.915 missed 0.934, from 0.789 a year earlier. Sales 3,016 beat 3,006, from 2,626 a year earlier
EPS
0.98402024Q4 EPS 0.896 against 0.86024Q42025Q1 EPS 0.768 against 0.75125Q12025Q2 EPS 0.810 against 0.82525Q22025Q3 EPS 0.789 against 0.78925Q32025Q4 EPS 0.982 against 0.98425Q42026Q1 EPS 0.761 against 0.78126Q12026Q2 EPS 0.905 against 0.88026Q22026Q3 EPS 0.915 against 0.93426Q3
Sales, USD millions
3,01602024Q4 sales 2,691 against 2,69024Q42025Q1 sales 2,751 against 2,71325Q12025Q2 sales 2,675 against 2,76925Q22025Q3 sales 2,626 against 2,61725Q32025Q4 sales 2,898 against 2,86925Q42026Q1 sales 2,707 against 2,74926Q12026Q2 sales 2,967 against 2,92626Q22026Q3 sales 3,016 against 3,00626Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-28 16:300.9150.9340.7443,0163,006EPS -2.1% · sales +0.3%vs 2025Q3, year-ago quarter · EPS +16.0% · sales +14.9%26 EPS · 22 salesOpen -1.15% vs SPY -0.46%. Close -1.19% vs SPY -0.38%
2026Q2ended 2026-06-302026-07-29 16:300.9050.8800.8342,9672,926EPS +2.8% · sales +1.4%vs 2025Q2, year-ago quarter · EPS +11.7% · sales +10.9%25 EPS · 22 salesOpen -0.04% vs SPY +0.90%. Close -3.43% vs SPY +1.68%
2026Q1ended 2026-03-312026-04-29 16:300.7610.7810.6872,7072,749EPS -2.6% · sales -1.5%vs 2025Q1, year-ago quarter · EPS -1.0% · sales -1.6%24 EPS · 21 salesOpen +1.78% vs SPY +0.43%. Close +3.18% vs SPY +0.99%
2025Q4ended 2025-12-312026-01-28 16:300.9820.9840.8602,8982,869EPS -0.2% · sales +1.0%vs 2024Q4, year-ago quarter · EPS +9.6% · sales +7.7%24 EPS · 21 salesOpen +1.96% vs SPY +0.14%. Close +5.66% vs SPY -0.20%
2025Q3ended 2025-09-302025-10-29 16:300.7890.7890.7332,6262,617EPS 0.0% · sales +0.3%vs 2024Q3, year-ago quarter · EPS +10.3% · sales +2.4%24 EPS · 23 salesOpen -0.01% vs SPY -0.51%. Close -0.77% vs SPY -1.10%
2025Q2ended 2025-06-302025-07-30 16:300.8100.8250.9642,6752,769EPS -1.8% · sales -3.4%vs 2024Q2, year-ago quarter · EPS +6.8% · sales +2.8%25 EPS · 23 salesOpen -1.39% vs SPY +0.79%. Close -2.85% vs SPY -0.38%
2025Q1ended 2025-03-312025-04-30 16:300.7680.7510.6792,7512,713EPS +2.4% · sales +1.4%vs 2024Q1, year-ago quarter · EPS +12.9% · sales +6.8%27 EPS · 24 salesOpen +1.41% vs SPY +1.05%. Close +0.36% vs SPY +0.71%
2024Q4ended 2024-12-312025-01-29 16:300.8960.8600.9192,6912,690EPS +4.2% · sales +0.0%vs 2023Q4, year-ago quarter · EPS +1.9% · sales -4.4%26 EPS · 23 salesOpen +2.93% vs SPY +0.36%. Close +1.24% vs SPY +0.54%
2024Q3ended 2024-09-302024-10-23 16:300.7150.7290.6562,5652,601EPS -1.8% · sales -1.4%vs 2023Q3, year-ago quarter · EPS +7.1% · sales +5.8%26 EPS · 24 salesOpen -1.05% vs SPY +0.34%. Close -0.41% vs SPY +0.22%
2024Q2ended 2024-06-302024-07-30 16:300.7580.7290.7082,6022,616EPS +3.9% · sales -0.5%vs 2023Q2, year-ago quarter · EPS +20.5% · sales +2.8%25 EPS · 22 salesOpen +3.01% vs SPY +1.29%. Close +2.07% vs SPY +1.63%
2024Q1ended 2024-03-312024-04-24 08:300.6810.6820.6152,5762,568EPS -0.2% · sales +0.3%vs 2023Q1, year-ago quarter · EPS +3.1% · sales +54.9%26 EPS · 23 salesOpen -0.79% vs SPY +0.18%. Close -6.60% vs SPY -0.05%
2023Q4ended 2023-12-312024-01-30 16:300.8800.8260.8042,8152,721EPS +6.5% · sales +3.4%vs 2022Q4, year-ago quarter · EPS +3.3% · sales +53.1%27 EPS · 23 salesOpen +0.91% vs SPY -0.46%. Close +1.35% vs SPY -1.63%
2023Q3ended 2023-09-302023-10-25 16:300.6680.6650.6232,4252,460EPS +0.5% · sales -1.4%vs 2022Q3, year-ago quarter · EPS -10.3% · sales +42.3%28 EPS · 23 sales-
2023Q2ended 2023-06-302023-07-27 16:300.6290.7161.0562,5312,508EPS -12.1% · sales +0.9%vs 2022Q2, year-ago quarter · EPS -10.1% · sales +47.8%27 EPS · 24 sales-
2023Q1ended 2023-03-312023-04-26 16:300.6610.6780.6341,6631,697EPS -2.5% · sales -2.0%vs 2022Q1, year-ago quarter · EPS +26.4% · sales +16.0%28 EPS · 25 sales-
2022Q4ended 2022-12-312023-01-31 16:300.8520.8111.0031,8391,834EPS +5.1% · sales +0.3%vs 2021Q4, year-ago quarter · EPS +13.9% · sales +14.5%26 EPS · 23 sales-

Annual earnings

2025FY EPS 3.405 beat 3.379, from 2.952 a year earlier. Sales 11,137 beat 11,009, from 10,103 a year earlier
EPS
3.40502018FY EPS 2.176 against 2.12820182019FY EPS 2.490 against 2.47420192020FY EPS 2.760 against 2.75720202021FY EPS 2.944 against 2.97420212022FY EPS 2.816 against 2.77520222023FY EPS 2.865 against 2.79420232024FY EPS 2.952 against 2.92420242025FY EPS 3.405 against 3.3792025
Sales, USD millions
11,13702018FY sales 5,484 against 5,42420182019FY sales 5,901 against 5,87120192020FY sales 6,021 against 6,06620202021FY sales 6,260 against 6,27120212022FY sales 6,583 against 6,58120222023FY sales 9,368 against 9,98820232024FY sales 10,103 against 10,12720242025FY sales 11,137 against 11,0092025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-5.701--14,55516.58
2029FYestimate-5.557--14,47017.01
2028FYestimate-4.804--13,27319.67
2027FYestimate-4.159--12,57122.72
2026FYestimate-3.594--11,83526.30
2025FY3.4053.3793.33111,13711,00921.62
2024FY2.9522.9242.90410,10310,12724.52
2023FY2.8652.7943.1169,3689,98827.59
2022FY2.8162.7752.8966,5836,58126.49
2021FY2.9442.9743.3326,2606,27124.44
2020FY2.7602.7572.6806,0216,06625.12
2019FY2.4902.4742.6405,9015,87120.48
2018FY2.1762.1282.1015,4845,42416.33
2017FY1.8291.8222.5335,2635,29719.98
2016FY1.5441.5821.6044,6764,76018.49
2015FY1.4541.4641.3134,8324,85464.98
2014FY1.4681.4551.4615,7165,68964.39
2013FY1.2091.2130.9345,7725,77878.20
2012FY0.8720.8570.5605,7205,698108.41
2011FY0.6130.6300.6565,0845,067154.21
2010FY0.7790.7620.7755,0134,998121.33

Quarterly results

2026Q3 revenue 3,014, from 2,658 a year earlier. Operating margin 35.5%, from 36.8% a year earlier
Revenue, USD millions
3,01402024Q4 revenue 2,77024Q42025Q1 revenue 2,64525Q12025Q2 revenue 2,67125Q22025Q3 revenue 2,65825Q32025Q4 revenue 2,81325Q42026Q1 revenue 2,69826Q12026Q2 revenue 3,00826Q22026Q3 revenue 3,01426Q3
Operating margin
41.402024Q4 operating margin 40.8%24Q42025Q1 operating margin 35.2%25Q12025Q2 operating margin 36.8%25Q22025Q3 operating margin 36.8%25Q32025Q4 operating margin 41.4%25Q42026Q1 operating margin 34.2%26Q12026Q2 operating margin 36.0%26Q22026Q3 operating margin 35.5%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 3.59 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-113.59-0.5%
2026Q4Eper share2026-11-071.08-0.3%
2026FYRper share2026-11-073.38-0.6%
2026FYSUSD millions2026-11-0711,835-0.3%
2026Q4Rper share2026-10-301.06+0.3%
2026Q4SUSD millions2026-10-303,207+0.1%
2026Q3Eper share2026-10-260.93+0.0%
2026Q3Rper share2026-10-230.92+0.1%
2026Q3SUSD millions2026-10-233,006+0.7%
2026Q2Eper share2026-07-220.88-0.5%
2026Q2SUSD millions2026-07-152,926+0.7%
2026Q2Rper share2026-07-140.87+0.5%
2026Q1Eper share2026-04-240.78-0.3%
2026Q1SUSD millions2026-04-222,749+0.3%
2026Q1Rper share2026-04-200.77-0.3%
2025FYEper share2026-01-263.38+0.6%
2025Q4Eper share2026-01-260.98+0.4%
2025FYSUSD millions2026-01-2611,008+1.3%
2025Q4SUSD millions2026-01-262,868+1.2%
2025FYRper share2026-01-243.37+0.6%
2025Q4Rper share2026-01-150.96-0.3%
2025Q3Eper share2025-10-210.79-0.4%
2025Q3SUSD millions2025-10-212,617-0.1%
2025Q3Rper share2025-10-140.79+0.4%
2025Q2Eper share2025-07-190.82-0.3%
2025Q2Rper share2025-07-190.82-0.2%
2025Q2SUSD millions2025-07-192,769-0.3%
2025Q1Eper share2025-04-210.75+0.6%
2025Q1SUSD millions2025-04-212,713+0.8%
2025Q1Rper share2025-04-160.73+0.3%
2024FYEper share2025-01-282.93+0.0%
2024Q4Eper share2025-01-270.86-0.1%
2024FYSUSD millions2025-01-2710,137-0.3%
2024Q4SUSD millions2025-01-272,693-0.4%
2024FYRper share2025-01-222.80+0.4%
2024Q4Rper share2025-01-220.85+0.3%
2024Q3Eper share2024-10-180.73+0.0%
2024Q3Rper share2024-10-150.71-0.6%
2024Q3SUSD millions2024-10-152,601-0.3%
2024Q2Eper share2024-07-240.73-0.8%
2024Q2Rper share2024-07-160.72-0.5%
2024Q2SUSD millions2024-07-162,616-0.1%
2024Q1Eper share2024-04-190.68+0.1%
2024Q1SUSD millions2024-04-192,569+0.1%
2024Q1Rper share2024-04-150.68-0.6%
2023FYRper share2024-01-223.00+0.7%
2023FYSUSD millions2024-01-229,985+0.5%
2023FYEper share2024-01-192.79+0.2%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share2.5332.1012.642.683.3322.8963.1162.9043.2323.1273-
Sales USD millions5,0495,6445,8725,7486,3776,7709,30210,61810,79111,533-
Shares million shares725703685667930931932934898-871
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share0.6560.9190.6790.9640.7330.860.6870.8340.746
Sales USD millions2,6022,7702,6452,6712,6582,8132,6983,0083,014
Shares million shares933934930918901898893882871

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue11,533.1110,790.90+1.6%10,617.82+14.1%9,302.16+37.4%6,770.35+6.2%6,376.96+10.9%5,748.15-2.1%5,872.35+4.0%5,644.42
Cost of Goods Sold Incl. D&A7,010.166,439.61-1.0%6,502.37+13.1%5,747.26+41.3%4,067.28+11.5%3,648.31+14.7%3,181.24-7.3%3,430.56+1.3%3,386.96
Gross Profit4,522.954,351.28+5.7%4,115.44+15.8%3,554.90+31.5%2,703.07-0.9%2,728.65+6.3%2,566.91+5.1%2,441.79+8.2%2,257.46
Selling, General and Administrative Excl. Other281.04291.99+15.3%253.29+23.4%205.23+90.8%107.54+11.4%96.51-8.8%105.87+2.5%103.25+2.9%100.30
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income4,241.914,059.29+5.1%3,862.15+15.3%3,349.67+29.1%2,595.53-1.4%2,632.14+7.0%2,461.04+5.2%2,338.54+8.4%2,157.16
Interest Expense673.08626.93+7.2%584.69+2.4%571.24+14.1%500.82+43.7%348.56+3.2%337.73+0.7%335.37-4.5%351.04
Unusual Expense48.9851.53-37.0%81.75-26.4%111.14+95.5%56.84-189.04-2917.3%6.71-1.0%6.780.00
Net Income Before Taxes3,831.763,923.31+12.6%3,483.31-2,262.01-195.9%2,358.94-17.7%2,865.04+20.0%2,387.23+0.7%2,370.94+18.7%1,996.69
Income Taxes1,049.35962.58+24.5%773.01-5,168.61-1171.5%482.39-21.3%612.57+8.4%565.12+6.2%532.07+8.3%491.46
Consolidated Net Income2,782.412,960.73+9.2%2,710.29-6.8%2,906.60+7.6%2,701.53+18.8%2,274.81+24.8%1,822.11-0.9%1,838.88+22.2%1,505.23
Net Income From Continuing Operations2,783.852,963.60+9.2%2,713.94-6.7%2,909.56+7.7%2,701.53+18.8%2,274.81+24.8%1,822.11-0.9%1,838.88+22.2%1,505.23
Net Income2,783.852,963.60+9.2%2,713.94-6.7%2,909.56+7.7%2,701.53+18.8%2,274.81+24.8%1,822.11-0.9%1,838.88+22.2%1,505.23
EPS (Recurring) per share3.213.27+10.1%2.97-7.2%3.20+8.8%2.94-6.4%3.14+16.7%2.69+1.5%2.65+26.2%2.10
EPS (Basic, Before Extraordinaries) per share3.133.23+11.0%2.91-6.7%3.12+7.6%2.90-13.4%3.35+24.5%2.69+1.5%2.65+25.6%2.11
EPS (Diluted) per share3.133.23+11.4%2.90-7.1%3.12+7.6%2.90-12.9%3.33+24.3%2.68+1.5%2.64+25.7%2.10
EBITDA5,740.155,510.67+4.9%5,254.89+16.8%4,498.82+38.1%3,256.89-0.9%3,286.98+7.8%3,049.28+6.1%2,875.13+6.5%2,698.77
Non-Operating Income (Expense)311.91542.48+88.6%287.60-4,929.29-1635.2%321.08-18.2%392.43+45.0%270.63-27.7%374.56+96.6%190.56
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense98.2232.21-46.2%59.86-15.0%70.39+368.6%15.02-68.0%46.94-49.6%93.16+26.5%73.67+73.2%42.53
Price To Earnings Ratio ratio statement ratio, not the snapshot30.2530.2526.0023.8530.2421.2625.6719.2316.90
Price To Sales Ratio ratio6.506.276.377.9810.277.718.206.064.50
Gross Margin %39.2240.3238.7638.2239.9342.7944.6641.5839.99
Operating Margin %36.7837.6236.3736.0138.3441.2842.8139.8238.22
Net Margin %24.1427.4625.5631.2839.9035.6731.7031.3126.67
Shares Outstanding million shares870.80897.60-3.8%933.50+0.2%932.10+0.2%930.50+0.1%929.70+39.5%666.50-2.7%685.00-2.5%702.50
Market Capitalization82,259.9082,259.90+21.8%67,546.18-8.3%73,667.40+6.2%69,377.95+44.6%47,982.33+3.8%46,213.78+32.3%34,928.15+40.0%24,955.61

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue3,013.70+13.4%3,007.84+12.6%2,698.10+2.0%2,813.48+1.6%2,658.43+2.2%2,671.23+1.4%2,644.91+1.3%2,770.22-0.1%
Cost of Goods Sold Incl. D&A1,870.79+16.9%1,854.98+15.0%1,705.17+3.7%1,579.22+0.5%1,599.71-1.8%1,613.28-0.9%1,644.10-2.0%1,571.75-3.8%
Gross Profit1,142.90+8.0%1,152.86+9.0%992.92-0.8%1,234.26+3.0%1,058.73+8.7%1,057.95+5.1%1,000.81+7.4%1,198.47+5.3%
Selling, General and Administrative Excl. Other72.15-8.8%70.07-5.8%69.26+0.4%69.57+3.5%79.15+21.3%74.38+24.1%69.00+13.5%67.22+20.4%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,070.76+9.3%1,082.79+10.1%923.67-0.9%1,164.69+3.0%979.58+7.8%983.57+3.9%931.82+6.9%1,131.26+4.5%
Interest Expense170.72+5.9%171.20+14.0%166.22+10.4%164.95+13.6%161.21+14.5%150.21+2.7%150.54-1.4%145.16-4.0%
Unusual Expense8.57-9.2%19.50+42.1%6.56-52.9%14.34-8.8%9.44-64.2%13.72-33.0%13.94-27.7%15.73-50.2%
Net Income Before Taxes974.33+10.6%981.66-14.6%816.50-2.5%1,059.27+2.5%880.82+9.3%1,148.94+31.5%837.03+9.3%1,033.29+8.8%
Income Taxes320.01+48.9%241.98-6.1%200.48-1.5%286.87+63.1%214.94+11.9%257.81+20.8%203.51+6.0%175.91-12.9%
Consolidated Net Income654.31-1.7%739.68-17.0%616.02-2.8%772.40-9.9%665.88+8.5%891.13+35.0%633.52+10.4%857.38+14.7%
Net Income From Continuing Operations655.03-2.0%739.68-17.0%616.75-2.8%772.40-10.1%668.06+8.9%891.13+34.7%634.22+10.4%858.81+14.3%
Net Income655.03-2.0%739.68-17.0%616.75-2.8%772.40-10.1%668.06+8.9%891.13+34.7%634.22+10.4%858.81+14.3%
EPS (Recurring) per share0.75+1.4%0.85-12.4%0.690.0%0.87-6.5%0.74+8.8%0.97+34.7%0.69+9.5%0.93+12.0%
EPS (Basic, Before Extraordinaries) per share0.75+2.7%0.83-13.5%0.69+1.5%0.86-6.5%0.73+10.6%0.96+35.2%0.68+9.7%0.92+13.6%
EPS (Diluted) per share0.75+2.7%0.83-13.5%0.69+1.5%0.86-6.5%0.73+10.6%0.96+35.2%0.68+11.5%0.92+15.0%
EBITDA1,448.63+7.7%1,457.69+8.8%1,296.92+1.1%1,536.91+3.8%1,344.83+7.2%1,339.59+3.7%1,283.08+5.4%1,480.22+4.4%
Non-Operating Income (Expense)82.86+15.3%89.57-72.8%65.61-5.9%73.87+17.4%71.89+11.4%329.30+252.0%69.69+4.4%62.93+26.0%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense20.48+794.3%49.91+48.3%26.26+40.3%1.582.29-92.4%33.66+547.3%18.72-45.8%-
Price To Earnings Ratio ratio statement ratio, not the snapshot30.2526.7124.3122.3523.1526.7724.2326.00
Price To Sales Ratio ratio6.506.886.496.146.326.866.166.37
Gross Margin %37.9238.3336.8043.8739.8339.6137.8443.26
Operating Margin %35.5336.0034.2341.4036.8536.8235.2340.84
Net Margin %21.7424.5922.8627.4525.1333.3623.9831.00
Shares Outstanding million shares870.80-3.4%882.00-3.9%892.60-4.1%897.60-3.8%901.10-3.5%917.90-1.6%930.40-0.2%933.50+0.2%
Market Capitalization82,259.90+20.3%76,922.32+4.3%70,617.41+7.7%66,328.19-1.8%68,380.03-14.3%73,757.25+0.4%65,555.99-20.3%67,546.18-8.3%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments134.23-73.9%513.84+46.0%351.89+5.7%332.85+412.7%64.92-43.7%115.38+12.5%102.56+129.6%44.66-83.4%269.76
Short Term Receivables1,480.21+8.2%1,368.38-4.4%1,431.06+90.8%749.84+15.6%648.38+0.1%647.57+4.3%620.78+4.0%596.72+8.8%548.31
Inventories366.22+15.3%317.76+4.8%303.35+44.7%209.60+12.7%186.04+13.9%163.27+16.3%140.35+10.8%126.67+4.4%121.31
Other Current Assets163.41+6.8%152.97-19.6%190.35+86.9%101.85-40.4%171.00+54.5%110.68+59.5%69.40+39.4%49.79-35.7%77.42
Total Current Assets2,144.08-8.9%2,352.94+3.4%2,276.66+63.3%1,394.15+30.3%1,070.34+3.2%1,036.89+11.1%933.10+14.1%817.84-19.6%1,016.80
Net Property, Plant & Equipment40,667.52+3.7%39,207.34-0.8%39,504.78+136.3%16,717.96-1.7%17,010.65+4.5%16,277.86+8.2%15,048.39+11.6%13,485.14-0.7%13,580.75
Total Investments and Advances345.07-15.3%407.45+0.8%404.22-98.8%33,443.30-0.6%33,660.29+21449.5%156.20-40.6%262.97+76.9%148.63+2.3%145.26
Long-Term Note Receivable--------0.80
Intangible Assets15,573.23-0.4%15,641.77-0.4%15,700.74+5411.4%284.88-3.0%293.71+2.2%287.28+80.8%158.86+7.4%147.90-0.9%149.25
Deferred Tax Assets438.45-4.2%457.52+23.6%370.09+99.8%185.25+37.7%134.58-3.7%139.72-8.0%151.92-2.6%155.95+53.9%101.36
Other Assets3,969.36+16.7%3,400.08+25.5%2,709.69+12.8%2,401.56+23.9%1,938.80+143.1%797.49-5.6%845.19-12.1%962.07-18.3%1,178.02
Total Assets63,137.70+2.7%61,467.11+0.8%60,966.18+12.0%54,427.10+0.6%54,108.38+189.4%18,695.45+7.4%17,400.42+10.7%15,717.53-2.8%16,171.44
Short Term Debt Incl. Current Port. of LT Debt2,444.65+20.0%2,037.96-17.2%2,460.94+111.3%1,164.62-8.6%1,273.80+29.9%980.38+90.3%515.13+39.0%370.48-37.8%595.39
Accounts Payable497.54-6.8%534.00+3.5%515.70+38.9%371.23+8.5%342.00+8.7%314.76-9.9%349.33+0.7%347.05+8.2%320.84
Income Tax Payable334.85+27.1%263.52+36.3%193.39+48.0%130.63+0.6%129.83+43.8%90.27-15.8%107.19+40.8%76.15+32.5%57.46
Other Current Liabilities1,093.56-0.6%1,100.68-5.1%1,160.32+64.6%704.82-6.7%755.25+8.4%697.02-12.4%795.84+24.8%637.72+4.6%609.76
Total Current Liabilities4,370.60+11.0%3,936.17-9.1%4,330.35+82.6%2,371.31-5.2%2,500.89+20.1%2,082.42+17.8%1,767.50+23.5%1,431.40-9.6%1,583.46
Long Term Debt14,770.75+5.9%13,946.60-6.1%14,858.94+9.8%13,537.77-9.0%14,884.22+114.7%6,933.28+6.5%6,510.89+8.6%5,996.49+1.4%5,916.44
Provision for Risks Charges550.79+1.7%541.65-8.5%592.29+31.8%449.46-27.8%622.25-12.2%708.79+7.5%659.34+13.7%579.88-11.3%653.66
Deferred Tax Liabilities9,068.03+3.2%8,783.20+0.4%8,751.71-4.7%9,187.05+0.7%9,121.64+202.3%3,017.27+5.8%2,851.74+4.4%2,731.73-0.7%2,751.91
Other Liabilities217.40-18.2%265.61-1.3%269.22+47.7%182.29-7.9%197.92-5.2%208.79+30.8%159.63+33.8%119.34-7.1%128.50
Total Liabilities28,977.57+5.5%27,473.23-4.6%28,802.52+12.0%25,727.89-5.9%27,326.92+111.0%12,950.55+8.4%11,949.10+10.0%10,858.84-1.6%11,033.96
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity33,468.54+0.5%33,299.96+5.8%31,466.71+9.6%28,699.21+7.2%26,781.46+366.2%5,744.90+5.4%5,451.32+12.2%4,858.69-5.4%5,137.48
Total Shareholders Equity33,468.54+0.5%33,299.96+5.8%31,466.71+9.6%28,699.21+7.2%26,781.46+366.2%5,744.90+5.4%5,451.32+12.2%4,858.69-5.4%5,137.48
Accumulated Minority Interest691.59-0.3%693.92-0.4%696.950.000.000.000.000.000.00
Total Equity34,160.13+0.5%33,993.88+5.7%32,163.66+12.1%28,699.21+7.2%26,781.46+366.2%5,744.90+5.4%5,451.32+12.2%4,858.69-5.4%5,137.48
Total Liabilities & Stockholders Equity63,137.70+2.7%61,467.11+0.8%60,966.18+12.0%54,427.10+0.6%54,108.38+189.4%18,695.45+7.4%17,400.42+10.7%15,717.53-2.8%16,171.44
Book Value Per Share per share37.29+4.5%35.67+5.7%33.76+9.5%30.84+7.0%28.81+234.2%8.62+8.3%7.96+15.0%6.92-2.4%7.09
Tangible Book Value Per Share per share19.94+5.4%18.92+11.9%16.91-44.6%30.54+7.2%28.49+247.9%8.19+6.0%7.73+15.2%6.71-2.6%6.89
Full-Time Employees people19,479-3.3%20,144+10.5%18,233+42.2%12,824+8.4%11,834-0.5%11,890-6.3%12,694-0.6%12,770+5.0%12,163
Price to Book Ratio ratio2.552.072.412.522.508.046.415.142.98
Return on Assets %4.764.435.044.986.2510.1011.119.4412.07
Return on Equity %8.888.389.679.7413.9932.5535.6730.1243.15
Return on Invested Capital %6.145.746.286.405.4614.3715.3713.8716.76
Quick Ratio ratio0.410.520.460.500.350.420.450.480.57
Current Ratio ratio0.490.600.530.590.430.500.530.570.64

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income2,734.312,960.73+9.2%2,710.29-6.8%2,906.60+7.6%2,701.53+18.8%2,274.81+24.8%1,822.11-0.9%1,838.88+22.2%1,505.23
Depreciation1,473.091,444.94+4.2%1,386.90+21.3%1,143.23+74.5%655.22+1.3%646.87+11.4%580.78+9.2%532.07-0.9%536.98
Other Funds (Non Cash)-348.90-588.28-289.06-105.7%5,085.62-208.93-120.44-188.62-234.38-197.51
Funds from Operations4,094.423,939.77+2.9%3,828.57+16.3%3,293.36+1.3%3,252.29+8.6%2,994.26+25.9%2,379.03+4.7%2,272.97+11.3%2,042.20
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital1.86-140.27-900.6%17.52-228.20-70.67-52.64-290.02-19.59-139.1%50.15
Cash from Operating Activities4,096.283,799.50-1.2%3,846.09+25.5%3,065.16-3.7%3,181.62+8.2%2,941.62+40.8%2,089.02-7.3%2,253.38+7.7%2,092.35
Capital Expenditures-2,015.60-2,247.21-2,089.84-1,851.54-1,195.99-1,221.95-1,245.81-1,241.24-1,196.62
Net Assets From Acquisitions0.000.000.000.000.000.00-296.730.00-
Sale of Fixed Assets and Businesses54.2641.51-11.2%46.72-82.2%263.02+490.4%44.55-41.8%76.57+366.9%16.40-16.3%19.59-67.4%60.18
Purchase or Sale of Investments-4.42352.830.00-100.0%5.190.00-9,809.91-69330.1%14.17-131.130.00
Purchase of Investments0.000.000.00-197.820.00-9,809.910.00-131.130.00
Sale Or Maturity of Investments-4.42352.830.00-100.0%203.010.000.00-100.0%14.170.000.00
Other Uses-5.85-54.390.00-18.520.000.00-1.49-6.030.00
Other Sources3.570.00-100.0%2.190.00-100.0%2.30-42.4%3.990.000.00-100.0%11.57
Cash from Investing Activities-1,968.04-1,907.27-2,040.93-1,601.85-1,149.13-10,951.30-1,513.46-1,358.81-1,124.87
Cash Dividends Paid-601.01-569.67-517.53-523.83-543.07-404.39-348.17-310.50-268.49
Change in Capital Stock-2,609.84-2,768.93-5597.2%50.37-1.5%51.12+108.0%24.58+23.3%19.94-1,086.26-835.03-832.47
Repurchase of Common Pref Stock-2,673.01-2,821.180.000.000.000.00-1,125.03-854.63-850.98
Sale of Common Pref Stock63.1752.24+3.7%50.37-1.5%51.12+108.0%24.58+23.3%19.94-48.6%38.77+97.9%19.59+5.8%18.52
Proceedsfrom Stock Options63.1752.24+3.7%50.37-1.5%51.12+108.0%24.58+23.3%19.94-48.6%38.77+97.9%19.59+5.8%18.52
Issuance or Reduction of Debt, Net1,063.051,092.83-1,178.14-963.19-1,245.92-114.9%8,369.41+877.0%856.63+170.0%317.28-88.72
Change in Long Term Debt1,061.281,291.79-1,378.14-963.19-1,245.92-114.9%8,369.41+881.3%852.90+168.8%317.28-88.72
Issuance of Long Term Debt1,807.412,220.01+592.8%320.45-60.5%811.300.00-100.0%9,017.87+885.0%915.53+31.9%694.10+41.0%492.23
Reduction of Long Term Debt-746.13-928.23-1,698.59-1,774.49-1,245.92-648.46-62.63-376.82-580.95
Net Financing Active Other Cash Flow-2.79-5.73-492.5%1.46-12.600.00-59.82-829.5%8.20-9.040.00
Other Financing Activities Uses-2.79-5.730.00-12.600.00-59.820.00-9.040.00
Cash from Financing Activities-2,150.59-2,251.50-1,643.84-1,448.48-1,764.41-122.3%7,925.13-569.60-837.29-1,189.68
Exchange Rate Effect16.07-37.93-196.2%39.42-5.19-133.8%15.36-53.0%32.70+631.5%4.47-3.01-135.5%8.49
Net Change in Cash-6.28-397.20-297.9%200.74+1984.5%9.63-96.6%283.44-51.85-596.6%10.44-80.8%54.26-213.71
Free Cash Flow2,080.681,552.29-11.6%1,756.25+44.7%1,213.61-38.9%1,985.63+15.5%1,719.66+103.9%843.21-16.7%1,012.14+13.0%895.73
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio50.6368.8054.60107.6248.1837.3995.2150.6840.52
Deferred Taxes & Investment Tax Credit-122.38+498.7%20.44-5,842.10-5692.1%104.47-45.9%193.02+17.1%164.77+20.8%136.41-30.9%197.51

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments281.04-4.9%257.97-55.9%293.07-39.3%134.23-73.9%295.39-13.8%585.56+43.9%482.89+25.9%513.84+46.0%
Short Term Receivables1,581.26+3.9%1,588.02+8.1%1,573.57+10.8%1,480.21+8.2%1,522.21+5.9%1,469.40+6.2%1,420.18-1.1%1,368.38-4.4%
Inventories406.41+16.6%382.03+14.6%382.64+18.2%366.22+15.3%348.57+15.7%333.46+8.4%323.78+9.8%317.76+4.8%
Other Current Assets220.46+18.4%205.81+5.6%189.89+7.2%163.41+6.8%186.14-3.7%194.94-20.1%177.18-15.9%152.97-19.6%
Total Current Assets2,489.17+5.8%2,433.83-5.8%2,439.18+1.5%2,144.08-8.9%2,352.31+3.4%2,583.36+10.3%2,404.03+3.4%2,352.94+3.4%
Net Property, Plant & Equipment40,289.49+0.8%40,292.51+1.0%40,217.84+3.1%40,667.52+3.7%39,970.53+1.4%39,910.59+2.1%39,023.80+0.2%39,207.34-0.8%
Total Investments and Advances375.42+10.7%367.93+10.6%347.53-14.9%345.07-15.3%339.23-17.4%332.72-18.6%408.55-1.4%407.45+0.8%
Intangible Assets15,515.41-0.5%15,566.52-0.2%15,540.11-0.4%15,573.23-0.4%15,597.96-0.3%15,604.25-0.4%15,600.49-0.7%15,641.77-0.4%
Deferred Tax Assets---438.45-4.2%---457.52+23.6%
Other Assets4,329.64+7.1%4,269.25+6.9%4,286.48+14.8%3,969.36+16.7%4,043.41+29.3%3,994.87+32.9%3,733.89+25.9%3,400.08+25.5%
Total Assets62,999.12+1.1%62,930.04+0.8%62,831.14+2.7%63,137.70+2.7%62,303.44+2.4%62,425.80+3.2%61,170.75+1.4%61,467.11+0.8%
Short Term Debt Incl. Current Port. of LT Debt2,544.81+53.9%2,043.35+167.6%1,746.26+66.2%2,363.67+16.0%1,653.73-30.3%763.65-71.5%1,050.55-63.5%2,037.96-17.2%
Accounts Payable2,212.36+6.1%2,053.22+2.4%1,885.99-0.8%2,006.93+275.8%2,084.23+8.5%2,005.13+5.1%1,900.30+1.8%534.00+3.5%
Income Tax Payable-------263.52+36.3%
Other Current Liabilities0.00-0.000.000.00-100.0%0.00-0.00-0.001,100.68-5.1%
Total Current Liabilities4,757.18+27.3%4,096.56+48.0%3,632.26+23.1%4,370.60+11.0%3,737.96-12.9%2,768.78-39.7%2,950.84-37.8%3,936.17-9.1%
Long Term Debt15,659.80+0.9%15,681.41+0.8%15,680.56+6.8%14,770.75+5.9%15,516.75+12.0%15,556.61+12.3%14,688.21+5.6%13,946.60-6.1%
Provision for Risks Charges381.76-2.9%380.62-4.7%384.79+1.2%550.79+1.7%393.13-8.4%399.41-6.1%380.06-11.8%541.65-8.5%
Deferred Tax Liabilities8,638.84+2.3%8,574.45+0.8%8,575.83+2.9%9,068.03+3.2%8,443.29+1.5%8,507.15+2.7%8,335.59+0.4%8,783.20+0.4%
Other Liabilities627.58-7.5%641.41+0.0%581.13-3.4%217.40-18.2%678.45+12.2%641.26+8.1%601.70-2.1%265.61-1.3%
Total Liabilities30,065.15+4.5%29,374.45+5.4%28,854.57+7.0%28,977.57+5.5%28,769.58+4.6%27,873.21+0.5%26,956.40-3.8%27,473.23-4.6%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity32,244.41-1.8%32,864.14-2.9%33,286.52-0.7%33,468.54+0.5%32,843.18+0.5%33,861.49+5.6%33,521.63+5.9%33,299.96+5.8%
Total Shareholders Equity32,244.41-1.8%32,864.14-2.9%33,286.52-0.7%33,468.54+0.5%32,843.18+0.5%33,861.49+5.6%33,521.63+5.9%33,299.96+5.8%
Accumulated Minority Interest689.56-0.2%691.45+0.1%690.05-0.4%691.59-0.3%690.67-0.4%691.10-0.6%692.72-0.5%693.92-0.4%
Total Equity32,933.97-1.8%33,555.59-2.9%33,976.57-0.7%34,160.13+0.5%33,533.85+0.5%34,552.58+5.5%34,214.35+5.8%33,993.88+5.7%
Total Liabilities & Stockholders Equity62,999.12+1.1%62,930.04+0.8%62,831.14+2.7%63,137.70+2.7%62,303.44+2.4%62,425.80+3.2%61,170.75+1.4%61,467.11+0.8%
Book Value Per Share per share37.03+1.6%37.26+1.0%37.29+3.5%37.29+4.5%36.45+4.1%36.89+7.4%36.03+6.2%35.67+5.7%
Tangible Book Value Per Share per share19.21+0.4%19.61-1.4%19.88+3.2%19.94+5.4%19.14+4.9%19.89+13.3%19.26+12.7%18.92+11.9%
Full-Time Employees people---19,479-3.3%---20,144+10.5%
Price to Book Ratio ratio2.552.322.112.022.022.201.972.07
Return on Assets %4.444.464.764.764.964.884.564.42
Return on Equity %8.558.388.838.889.329.098.508.36
Return on Invested Capital %1.371.521.261.601.381.801.321.82
Quick Ratio ratio0.440.500.570.410.540.810.700.52
Current Ratio ratio0.520.590.670.490.630.930.810.60

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income639.31-5.2%734.04-19.7%616.02-2.8%744.94-8.3%674.45+9.3%914.04+40.2%633.52+10.4%811.95+13.7%
Depreciation369.60+0.1%371.48+0.7%373.26+6.3%358.75+10.9%369.24+6.1%368.72+8.2%351.26+1.4%323.44+0.1%
Other Funds (Non Cash)-161.337.24-80.92-113.89-109.50-284.59-81.54-58.83
Funds from Operations928.45+0.2%1,151.67+14.6%919.29-0.2%1,095.01+2.6%926.35-2.7%1,005.33+11.5%921.36+11.1%1,067.26+3.8%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital157.05+1682.6%88.58+3718.1%-207.77-36.00-141.5%8.812.32-89.2%-115.6986.81
Cash from Operating Activities1,085.50+16.1%1,240.25+23.1%711.52-11.7%1,059.01-8.2%935.16-0.3%1,007.65+9.1%805.67+7.0%1,154.07+21.7%
Capital Expenditures-429.93-548.85-487.71-549.11-635.49-563.44-503.89-498.86
Net Assets From Acquisitions0.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses15.62+1877.2%2.84-10.4%5.83-24.0%29.98-5.8%0.79-88.1%3.17-51.8%7.67+936.5%31.84+81.6%
Purchase or Sale of Investments0.00-100.0%0.00-100.0%0.00-4.421.97356.020.000.00-100.0%
Purchase of Investments0.000.000.000.000.000.000.000.00-100.0%
Sale Or Maturity of Investments0.00-100.0%0.00-100.0%0.00-4.421.97356.020.000.00-100.0%
Other Uses7.950.07-8.02-5.85-11.82-34.74-490.3%-2.090.00-100.0%
Other Sources3.570.000.000.000.000.00-100.0%0.00-4.45
Cash from Investing Activities-402.79-545.94-489.90-529.41-644.55-239.00-498.32-471.47
Cash Dividends Paid-165.30-146.00-148.72-140.99-150.41-156.11-123.36-116.95
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-993.30-900.72-477.51-238.31-2742.0%-1,307.34-13689.8%-992.83-6999.4%-236.26-1548.6%9.02-32.5%
Repurchase of Common Pref Stock-1,002.14-922.23-495.73-252.91-1,317.66-1,014.70-241.840.00
Sale of Common Pref Stock8.84-14.3%21.50-1.7%18.23+226.7%14.59+61.8%10.32+7.3%21.87+52.0%5.58-65.8%9.02-32.5%
Proceedsfrom Stock Options8.84-14.3%21.50-1.7%18.23+226.7%14.59+61.8%10.32+7.3%21.87+52.0%5.58-65.8%9.02-32.5%
Issuance or Reduction of Debt, Net493.90-44.2%302.50-37.9%570.09+2110.5%-303.44885.84486.9425.79-410.72
Change in Long Term Debt493.90-44.3%302.50-38.1%570.09+154.0%-305.21886.95488.34224.42-606.65
Issuance of Long Term Debt492.59+975.3%554.46-47.1%821.60-31.1%-61.24-119.5%45.811,048.331,191.78313.92-37.6%
Reduction of Long Term Debt1.31-99.8%-251.96-251.51-243.97841.13-559.98-967.36-920.57
Net Financing Active Other Cash Flow0.030.03-2.920.07-95.1%-1.48-0.85-3.481.43+615.0%
Other Financing Activities Uses0.030.03-2.920.07-1.48-0.85-3.480.00-100.0%
Cash from Financing Activities-664.67-744.19-59.05-682.67-573.39-662.85-337.32-517.23
Exchange Rate Effect4.08+221.3%17.321.46-6.79-121.2%1.27-31.80-848.2%-0.70-107.3%32.02
Net Change in Cash22.11-32.56-144.0%164.03-159.86-181.0%-281.5173.99+172.0%-30.67-175.2%197.38+55.9%
Free Cash Flow655.57+118.8%691.40+55.7%223.81-25.8%509.90-22.2%299.68-21.1%444.20+35.9%301.78-15.9%655.21+45.1%
Price to Free Cash Flow ratio50.6367.5279.8667.2658.8358.4856.3155.75

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Automotive934.53937.38+0.3%8.7%
Coal688.49733.45+6.5%6.8%
Consolidation, Policy96.3778.00-19.1%0.7%
Energy, Chemicals and Plastic2,081.522,073.69-0.4%19.2%
Fertilizer and Sulphur296.42302.68+2.1%2.8%
Forest Products595.76566.72-4.9%5.3%
Grain2,199.062,301.95+4.7%21.3%
Intermodal1,842.781,916.98+4.0%17.8%
Metals, Minerals and Consumer Products1,297.391,282.28-1.2%11.9%
Non-freight excluding leasing revenues139.45138.10-1.0%1.3%
Potash448.28457.96+2.2%4.2%
Total10,620.0510,789.18+1.6%100.0%
Region
Name20242025vs 20242025 share
Canada5,063.985,182.78+2.3%48.0%
Mexico1,914.331,939.88+1.3%18.0%
United States3,641.743,666.52+0.7%34.0%
Total10,620.0510,789.18+1.6%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.97%17.2M869.0M2.35M
2026-10-152.13%18.7M878.5M2.37M
2026-09-302.21%19.4M878.5M2.45M
2026-09-152.31%20.3M878.5M2.49M
2026-08-312.27%19.9M878.5M2.55M
2026-08-142.13%18.7M878.5M2.81M
2026-07-312.07%18.2M878.5M2.79M
2026-07-152.16%19.1M887.2M2.81M
2026-06-302.01%17.9M887.2M2.93M
2026-06-151.77%15.7M886.8M2.86M
2026-05-291.68%14.9M887.2M2.87M
2026-05-151.38%12.3M887.2M2.83M
2026-04-301.26%11.2M887.1M2.89M
2026-04-151.19%10.7M897.1M2.87M
2026-03-310.99%8.9M897.2M2.80M
2026-03-130.79%7.1M897.2M2.58M
2026-02-270.90%8.1M897.2M2.51M
2026-02-130.84%7.6M900.3M2.39M
2026-01-300.87%7.8M900.4M2.46M
2026-01-150.94%8.5M899.9M2.44M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call55.0038.1040.800.002.7390.000.000.978-0.0960.007
call60.0033.1036.000.002.4800.000.000.965-0.1330.011
call65.0028.2030.800.002.0370.000.000.959-0.1280.012
call70.0023.1026.1024.801.8433.000.000.951-0.1230.014
call75.0018.2020.8016.791.41610.000.000.941-0.1170.016
call77.5015.7018.1016.201.1940.000.000.934-0.1130.018
call80.0013.3015.609.071.0541.000.000.926-0.1090.019
call82.5010.8013.105.400.9151320.000.897-0.1290.025
call85.008.9010.509.360.7441140.000.881-0.1210.028
call87.506.508.502.450.73681.000.000.841-0.1270.034
call90.004.105.104.720.3602391.000.817-0.0990.037
call92.501.353.502.650.4131,3610.000.677-0.1210.050
call95.000.051.150.840.2372,80325.000.468-0.0910.055
call97.500.000.450.410.2573620.000.263-0.0900.045
call1000.000.350.250.3451380.000.180-0.0930.036
call1050.000.100.150.40768.005.000.044-0.0340.013
call1100.000.100.100.55016.000.000.034-0.0370.011
call1150.003.400.450.68016.000.000.029-0.0390.009
call1200.003.400.050.80017.000.000.025-0.0410.008
call1250.003.400.000.9130.000.000.022-0.0430.007
call1300.003.400.001.0190.000.000.020-0.0440.007
put55.000.000.300.001.9850.000.00-0.022-0.0920.007
put60.000.003.700.001.8630.000.00-0.035-0.1280.011
put65.000.003.700.001.5830.000.00-0.041-0.1230.012
put70.000.003.700.101.32113.000.00-0.049-0.1180.014
put75.000.002.800.601.07111.000.00-0.059-0.1110.016
put77.500.003.400.320.9501520.00-0.066-0.1070.018
put80.000.000.750.070.8301440.00-0.074-0.1020.019
put82.500.000.950.050.7762650.00-0.102-0.1220.025
put85.000.000.550.050.6501250.00-0.119-0.1130.028
put87.500.002.150.100.5398150.00-0.159-0.1190.034
put90.000.050.600.750.4051,8650.00-0.183-0.0910.037
put92.500.150.950.880.3361700.00-0.322-0.1130.050
put95.000.901.601.450.2581422.00-0.531-0.0820.055
put97.502.303.903.100.39251.0010.00-0.738-0.0810.045
put1004.606.600.000.5770.000.00-0.819-0.0840.036
put1059.3011.500.000.7920.000.00-0.956-0.0240.013
put11014.3017.100.001.1590.000.00-0.966-0.0270.011
put11519.3022.300.001.4090.000.00-0.971-0.0290.009
put12024.3027.300.001.5900.000.00-0.975-0.0300.008
put12529.3032.300.001.7610.000.00-0.978-0.0310.007
put13034.3037.300.001.9180.000.00-0.980-0.0320.007

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-308-KCurrent report2026-10-28SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-288-KCurrent report2026-10-28SEC
2026-10-27SCHEDULE 13GSEC
2026-09-298-KCurrent report2026-09-28SEC
2026-07-308-KCurrent report2026-07-29SEC
2026-07-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-298-KCurrent report2026-07-29SEC
2026-07-298-KCurrent report2026-07-29SEC
2026-07-088-KCurrent report2026-07-06SEC
2026-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-04-308-KCurrent report2026-04-29SEC
2026-04-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-298-KCurrent report2026-04-28SEC
2026-04-298-KCurrent report2026-04-29SEC
2026-04-2310-K/A2025-12-31SEC
2026-03-258-KCurrent report2026-03-25SEC
2026-03-068-KCurrent report2026-03-04SEC
2026-03-05SUPPLVoluntary supplemental material filed pursuant to Section 11(a) of the Securities Act of 1933 by foreign issuersSEC
2026-03-058-KCurrent report2026-03-04SEC
2026-03-04FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-03-04SUPPLVoluntary supplemental material filed pursuant to Section 11(a) of the Securities Act of 1933 by foreign issuersSEC
2026-02-2610-KAnnual report pursuant to Section 13 or 15(d)2025-12-31SEC
2026-02-128-KCurrent report2026-02-12SEC
2026-01-298-KCurrent report2026-01-27SEC
2026-01-288-KCurrent report2026-01-28SEC
2025-10-318-KCurrent report2025-10-29SEC
2025-10-3010-QQuarterly report pursuant to Section 13 or 15(d)2025-09-30SEC
2025-10-298-KCurrent report2025-10-29SEC
2025-08-228-KCurrent report2025-08-20SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
ROYAL BANK OF CANADA6.11%
TCI Fund Management Ltd5.11%
JPMORGAN CHASE & CO3.26%
VANGUARD CAPITAL MANAGEMENT LLC2.77%
BANK OF MONTREAL /CAN/2.26%
Invesco Ltd.2.21%
FMR LLC2.14%
FIL Ltd2.14%
MACKENZIE FINANCIAL CORP1.87%
WCM INVESTMENT MANAGEMENT, LLC1.70%

Funds

Fund% owned
WCM Focused International Growth Fund0.67%
Ultra-Short Fixed Income Fund0.36%
JNL/DoubleLine Shiller Enhanced CAPE Fund0.29%
iShares MSCI Canada ETF0.22%
Avantis Core Fixed Income ETF0.20%
Old Westbury Large Cap Strategies Fund0.17%
Touchstone Strategic Trust-Touchstone Balanced Fund0.14%
Reaves Utility Income Fund0.14%
Touchstone Funds Group Trust-Touchstone Active Bond Fund0.12%
ClearBridge Value Fund0.09%

OakChart. CP. Cached 15 minutes. Terms

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