CPKC Reports 7% Volume Growth, Q2 Profit Near $1.2B

Canadian Pacific Kansas City (CPKC) reported strong second-quarter financial results for 2025, with profits reaching $1.23 billion CAD and revenues rising to nearly $3.7 billion CAD, reflecting a 7% increase in shipment volumes across its Canada-U.S.-Mexico rail network. Earnings per share increased to $1.33 CAD, and the operating ratio improved to 63.7%, indicating better operational efficiency despite challenges such as integration issues in the southern U.S. and trade tensions like U.S. steel tariffs. CEO Keith Creel emphasized that the recent Union Pacific-Norfolk Southern merger does not diminish CPKC’s growth opportunities, given its unique cross-border network and strategic partnerships, including those with Maersk and Hapag Lloyd. The company maintains its full-year guidance for adjusted diluted earnings per share growth of 10 to 14 percent, focusing on expanding its market reach and capitalizing on its tri-national footprint. CPKC’s continued growth is supported by strong intermodal, grain, and coal shipment increases, although some segments showed declines. Overall, the company’s robust performance and strategic positioning underscore its ability to deliver sustained shareholder value amid a competitive North American rail industry.