Canadian Pacific Kansas City annual debt-to-equity ratio
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Canadian Pacific Kansas City Debt-to-Equity Ratio Growth & History (CP)
Canadian Pacific Kansas City's debt-to-equity ratio was 0.54 for fiscal 2025.
View full Canadian Pacific Kansas City company overviewCanadian Pacific Kansas City annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.54 | 0.03 | +5.19% |
| 2024 | 2024-12-31 | 0.51 | −0.06 | −10.91% |
| 2023 | 2023-12-31 | 0.58 | 0.06 | +12.42% |
| 2022 | 2022-12-31 | 0.51 | −0.09 | −15.09% |
| 2021 | 2021-12-31 | 0.60 | −0.77 | −56.20% |
| 2020 | 2020-12-31 | 1.38 | 0.09 | +6.88% |
| 2019 | 2019-12-31 | 1.29 | −0.02 | −1.65% |
| 2018 | 2018-12-31 | 1.31 | 0.04 | +3.39% |
| 2017 | 2017-12-31 | 1.27 | −0.61 | −32.48% |
| 2016 | 2016-12-31 | 1.88 | 0.01 | +0.51% |
| 2015 | 2015-12-31 | 1.87 | 0.84 | +81.93% |
| 2014 | 2014-12-31 | 1.03 | 0.37 | +55.44% |
| 2013 | 2013-12-31 | 0.66 | −0.25 | −27.39% |
| 2012 | 2012-12-31 | 0.91 | −0.11 | −10.45% |
| 2011 | 2011-12-31 | 1.02 | 0.18 | +21.49% |
| 2010 | 2010-12-31 | 0.84 | −0.05 | −5.90% |
| 2009 | 2009-12-31 | 0.89 | — | — |
Canadian Pacific Kansas City quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.48 | 0.02 | +3.86% |
| Q1 2026 | 2026-03-31 | 0.47 | 0.03 | +7.51% |
| Q4 2025 | 2025-12-31 | 0.54 | 0.03 | +5.19% |
| Q3 2025 | 2025-09-30 | 0.47 | 0.05 | +11.47% |
| Q2 2025 | 2025-06-30 | 0.46 | 0.03 | +6.33% |
| Q1 2025 | 2025-03-31 | 0.44 | −0.00 | −0.36% |
| Q4 2024 | 2024-12-31 | 0.51 | −0.06 | −10.91% |
| Q3 2024 | 2024-09-30 | 0.42 | −0.10 | −19.54% |
| Q2 2024 | 2024-06-30 | 0.43 | −0.10 | −18.90% |
| Q1 2024 | 2024-03-31 | 0.44 | −0.02 | −3.81% |
| Q4 2023 | 2023-12-31 | 0.58 | 0.06 | +12.42% |
| Q3 2023 | 2023-09-30 | 0.53 | 0.02 | +3.01% |
| Q2 2023 | 2023-06-30 | 0.53 | 0.01 | +2.70% |
| Q1 2023 | 2023-03-31 | 0.46 | −0.07 | −13.29% |
| Q4 2022 | 2022-12-31 | 0.51 | −0.09 | −15.09% |
| Q3 2022 | 2022-09-30 | 0.51 | −0.34 | −39.74% |
| Q2 2022 | 2022-06-30 | 0.52 | −0.36 | −40.75% |
| Q1 2022 | 2022-03-31 | 0.53 | −0.48 | −47.89% |
| Q4 2021 | 2021-12-31 | 0.60 | −0.77 | −56.20% |
| Q3 2021 | 2021-09-30 | 0.85 | −0.33 | −28.09% |
| Q2 2021 | 2021-06-30 | 0.88 | −0.39 | −30.88% |
| Q1 2021 | 2021-03-31 | 1.01 | −0.40 | −28.43% |
| Q4 2020 | 2020-12-31 | 1.38 | 0.09 | +6.88% |
| Q3 2020 | 2020-09-30 | 1.18 | −0.11 | −8.25% |
| Q2 2020 | 2020-06-30 | 1.27 | 0.03 | +2.07% |
| Q1 2020 | 2020-03-31 | 1.41 | 0.12 | +9.30% |
| Q4 2019 | 2019-12-31 | 1.29 | −0.02 | −1.65% |
| Q3 2019 | 2019-09-30 | 1.29 | 0.19 | +17.46% |
| Q2 2019 | 2019-06-30 | 1.24 | 0.03 | +2.82% |
| Q1 2019 | 2019-03-31 | 1.29 | 0.11 | +9.48% |
| Q4 2018 | 2018-12-31 | 1.31 | 0.04 | +3.39% |
| Q3 2018 | 2018-09-30 | 1.10 | −0.23 | −17.47% |
| Q2 2018 | 2018-06-30 | 1.21 | −0.23 | −15.95% |
| Q1 2018 | 2018-03-31 | 1.18 | −0.52 | −30.66% |
| Q4 2017 | 2017-12-31 | 1.27 | −0.61 | −32.48% |
| Q3 2017 | 2017-09-30 | 1.33 | −0.49 | −27.01% |
| Q2 2017 | 2017-06-30 | 1.44 | −0.35 | −19.62% |
| Q1 2017 | 2017-03-31 | 1.70 | 0.11 | +6.91% |
| Q4 2016 | 2016-12-31 | 1.88 | 0.01 | +0.51% |
| Q3 2016 | 2016-09-30 | 1.82 | — | — |
| Q2 2016 | 2016-06-30 | 1.79 | — | — |
| Q1 2016 | 2016-03-31 | 1.59 | — | — |
| Q4 2015 | 2015-12-31 | 1.87 | 0.84 | +81.93% |
| Q4 2014 | 2014-12-31 | 1.03 | 0.37 | +55.44% |
| Q4 2013 | 2013-12-31 | 0.66 | −0.25 | −27.39% |
| Q4 2012 | 2012-12-31 | 0.91 | −0.11 | −10.45% |
| Q4 2011 | 2011-12-31 | 1.02 | 0.18 | +21.49% |
| Q4 2010 | 2010-12-31 | 0.84 | — | — |
Canadian Pacific Kansas City debt-to-equity ratio trends
Over the last five fiscal years, Canadian Pacific Kansas City's debt-to-equity ratio decreased from 1.38 to 0.54, a change of −0.84. The latest reported quarter, Q2 2026, shows 0.48.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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