Canadian Pacific Kansas City Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Canadian Pacific Kansas City Ltd (CP) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Canadian Pacific Kansas City Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 11,664M vs 444,706M combined for tracked competitors (2.6% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+3.6% annualized vs trailing 12 months), vs accelerating (+6.5%) for its tracked peer group.
- Growth: Canadian Pacific Kansas City Ltd generated 6.6% revenue growth year over year in Q2 2026, vs 10.2% for its tracked competitors combined.
- Profitability: Its 24.6% net margin compares with 25.7% for the peer group.
- Scale: Canadian Pacific Kansas City Ltd ranks #3 of 11 companies by market capitalization in the Railroads industry, holding 17.1% of industry market cap.
- Peer revenue share: Canadian Pacific Kansas City Ltd accounted for 2.5% of combined revenue among its tracked peer group, down from 2.6% a year earlier.
- Peer differentiation: Revenue per employee of $0.60M compares with $0.94M for the peer group (0.6x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
CP Sales vs. its Competitors, Q2 2026
Canadian Pacific Kansas City Ltd reported revenue growth of 6.58 % year on year in Q2 2026, below its competitors' combined revenue growth of 10.20 %.
With a net margin of 24.59 %, Canadian Pacific Kansas City Ltd reported lower profitability than its competitors (25.70 %).
Canadian Pacific Kansas City Ltd generated 2.49 % of the combined sales of its peer group, down from 2.57 % a year earlier.
Canadian Pacific Kansas City Ltd vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Canadian Pacific Kansas City Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Canadian Pacific Kansas City Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Canadian Pacific Kansas City Ltd's competitor groups requires a Commercial License.
For context: the Railroads industry grew revenue 6.9% year over year, combined, vs 6.6% for Canadian Pacific Kansas City Ltd. Canadian Pacific Kansas City Ltd's share of combined industry revenue moved from 6.81% to 6.79%, a loss of 0.02 percentage points.
Canadian Pacific Kansas City Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Canadian Pacific Kansas City Ltd | Yes | Yes | No | Yes |
| Competitors combined (5) | ||||
| Similar-Size Competitors (7) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 62.50 % (5 of 8) | 62.50 % (5 of 8) | 14.30 % (1 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
CP Stock Performance relative to its Competitors
CP Stock Performance relative to Similar-Size Competitors
CP Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Csx Corporation | 282.9% | Outperformed |
| 2 | Union Pacific Corp | 282.9% | Outperformed |
| 3 | Norfolk Southern Corp | 282.9% | Outperformed |
| 4 | Broadridge Financial Solutions Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Canadian Pacific Kansas City Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Canadian Pacific Kansas City Ltd's Comment on Competition and Industry Peers
Publicly Traded Peers of Canadian Pacific Kansas City Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Canadian Pacific Kansas City Ltd | 76,787.38 | 11,664.11 |
| Union Pacific Corp | 162,815.40 | 25,490.00 |
| Csx Corporation | 86,926.84 | 14,512.00 |
| Norfolk Southern Corp | 70,436.25 | 12,540.00 |
| Broadridge Financial Solutions Inc | 19,077.93 | 7,476.80 |
| Berkshire Hathaway Inc | - | 384,687.00 |
| SUBTOTAL | 416,043.80 | 456,369.91 |
Sources: Canadian Pacific Kansas City Ltd's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Canadian Pacific Kansas City Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Canadian Pacific Kansas City Ltd's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Union Pacific Corp | Reportable 98.85 % |
| Csx Corporation | Rail 94.20 % |
| Norfolk Southern Corp | Railway Operating Revenues Market Group Merchandise 61.56 % |
| Broadridge Financial Solutions Inc | Investor Communication Solutions 74.37 % |
| Berkshire Hathaway Inc | Insurance Corporate and Other 26.83 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Canadian Pacific Kansas City Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Canadian Pacific Kansas City Ltd | 76,787 | 598,804 | 149,766 |
| Union Pacific Corp | 162,815 | 870,352 | 250,282 |
| Csx Corporation | 86,927 | 630,957 | 140,130 |
| Norfolk Southern Corp | 70,436 | 649,741 | 136,528 |
| Broadridge Financial Solutions Inc | 19,078 | 467,300 | 160,631 |
| Berkshire Hathaway Inc | - | 991,973 | 221,975 |
| PEERS TOTAL | 339,256 | 935,461 | 214,226 |
Canadian Pacific Kansas City Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Broadridge Financial Solutions Inc | United States 85.26 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Canadian Pacific Kansas City Ltd's Position in Industry Market Structure
Market-capitalization share and concentration across all 10 companies in Canadian Pacific Kansas City Ltd's industry classification, broader than the peer set above. Market cap in millions of $.Canadian Pacific Kansas City Ltd ranks #3 of 10 companies by market capitalization in its industry, holding 17.06 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,333, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Union Pacific Corp | 162,994 | 36.13 % |
| 2 | Csx Corporation | 86,927 | 19.27 % |
| 3 | Canadian Pacific Kansas City Ltd | 76,947 | 17.06 % |
| 4 | Norfolk Southern Corp | 70,713 | 15.68 % |
| 5 | Westinghouse Air Brake Technologies Corporation | 1,234 | 5.2% |
| 6 | Trinity Industries Inc | 1,234 | 5.2% |
| 7 | The Greenbrier Companies Inc | 1,234 | 5.2% |
| 8 | Ftai Infrastructure Inc | 1,234 | 5.2% |
| 9 | Freightcar America Inc | 1,234 | 5.2% |
| 10 | Rail Vision Ltd | 1,234 | 5.2% |
Market cap and industry share for the rest of Canadian Pacific Kansas City Ltd's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Canadian Pacific Kansas City Ltd's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Union Pacific Corp | 162,994 | 18.28 % |
| 2 | Csx Corporation | 86,927 | 38.43 % |
| 3 | Canadian Pacific Kansas City Ltd | 76,947 | 16.88 % |
| 4 | Norfolk Southern Corp | 1,234 | 12.3% |
| 5 | Westinghouse Air Brake Technologies Corporation | 1,234 | 12.3% |
| 6 | Trinity Industries Inc | 1,234 | 12.3% |
| 7 | The Greenbrier Companies Inc | 1,234 | 12.3% |
| 8 | Ftai Infrastructure Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Canadian Pacific Kansas City Ltd's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Canadian Pacific Kansas City Ltd's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Railroads industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (17 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 87.60 % | 54.96 % (avg) | +32.6 pp |
| Operating Margin | 36.78 % | industry median | +2.6 pp |
| EBITDA Margin | 49.60 % | 29.62 % (avg) | +20.0 pp |
| Capital Intensity (Capex / Revenue) | 19.69 % | 11.51 % (avg) | +8.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Canadian Pacific Kansas City Ltd's Valuation vs Competitive Position
Valuation multiples vs the Railroads industry average (17 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 22.4x | 20.9x | +1.5x |
| EV / EBITDA | 16.6x | 16.1x | +0.5x |
| P/B | 2.2x | 3.6x | -1.4x |
| Return on Equity | 8.10 % | industry aggregate | -15.27 % |
| Return on Invested Capital | 4.34 % | 4.90 % (avg) | -0.55 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Canadian Pacific Kansas City Ltd's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | - | - | 9.84 % | -5.94 % | 2.27 % | 42.44 % | 15.86 % | 3.66 % |
| Operating Margin | - | 40.31 % | 43.41 % | 40.15 % | 37.77 % | 34.95 % | 35.60 % | 37.20 % |
| Return on Invested Capital | - | 12.45 % | 14.02 % | 7.26 % | 3.19 % | 3.78 % | 4.18 % | 4.32 % |
| P/E | - | 3.4x | 20.4x | 12.0x | 29.2x | 23.4x | 19.0x | 16.2x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Canadian Pacific Kansas City Ltd's Strategic Group Map
Every company in Canadian Pacific Kansas City Ltd's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Canadian Pacific Kansas City Ltd is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Canadian Pacific Kansas City Ltd's BCG Growth-Share Matrix
Relative market share (vs Canadian Pacific Kansas City Ltd's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Canadian Pacific Kansas City Ltd falls in the Dog quadrant: relative market share of 0.47x vs its largest competitor, in an industry growing revenue 2.3% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Union Pacific Corp alone holds 36% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Canadian Pacific Kansas City Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 2,333 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 19.69 % vs industry average 11.51 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Canadian Pacific Kansas City Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Canadian Pacific Kansas City Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Canadian Pacific Kansas City Ltd's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Canadian Pacific Kansas City Ltd falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Canadian Pacific Kansas City Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+3.6% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 15.3 points below the industry aggregate.
- Low relative market share vs the industry leader (0.47x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- Industry dominated by Union Pacific Corp, holding 36.13 % of industry market cap.
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Canadian Pacific Kansas City Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Canadian Pacific Kansas City Ltd | 0.09 | 0.66 | 0.49 |
| Union Pacific Corp | 0.22 | 0.89 | 1.64 |
| Csx Corporation | - | 0.86 | 1.77 |
| Norfolk Southern Corp | 0.38 | 0.86 | 1.08 |
| Broadridge Financial Solutions Inc | 0.23 | 1.01 | 1.19 |
| Berkshire Hathaway Inc | 0.25 | 2.34 | 0.05 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Canadian Pacific Kansas City Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Canadian Pacific Kansas City Ltd | Q2 2026 | +6.6 % | -21.4 % |
| Union Pacific Corp | Q2 2026 | +12.8 % | +6.2 % |
| Csx Corporation | Q2 2026 | +10.1 % | +20.9 % |
| Norfolk Southern Corp | Q2 2026 | +11.4 % | -4.6 % |
| Broadridge Financial Solutions Inc | Q2 2026 | +7.5 % | +8.8 % |
| Berkshire Hathaway Inc | Q2 2026 | +10.0 % | +106.9 % |
| PEERS TOTAL | +10.1 % | +75.9 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Canadian Pacific Kansas City Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Canadian Pacific Kansas City Ltd | Q2 2026 | +44.5 % | -7.7 % |
| Union Pacific Corp | Q2 2026 | +62.8 % | -6.7 % |
| Csx Corporation | Q2 2026 | +65.8 % | -25.8 % |
| Norfolk Southern Corp | Q2 2026 | +84.9 % | -7.6 % |
| Broadridge Financial Solutions Inc | Q2 2026 | +5.5 % | -2.7 % |
| Berkshire Hathaway Inc | Q2 2026 | - | +16.2 % |
Canadian Pacific Kansas City Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Canadian Pacific Kansas City Ltd | 4.41% | 4.64% | 8.10% |
| Union Pacific Corp | 10.50% | 11.20% | 38.65% |
| Csx Corporation | 7.33% | 6.28% | 24.06% |
| Norfolk Southern Corp | 5.85% | 6.35% | 16.80% |
| Broadridge Financial Solutions Inc | 29.74% | 34.48% | 93.89% |
| Berkshire Hathaway Inc | 6.94% | 7.74% | 11.87% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Canadian Pacific Kansas City Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Canadian Pacific Kansas City Ltd | 21.91 | 6.58 |
| Union Pacific Corp | 22.21 | 6.39 |
| Csx Corporation | 27.19 | 5.99 |
| Norfolk Southern Corp | 26.73 | 5.62 |
| Broadridge Financial Solutions Inc | 17.01 | 2.55 |
| Berkshire Hathaway Inc | 14.96 | - |
| PEERS AVERAGE | 3.97 | 0.91 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.