Canadian Pacific Kansas City annual free cash flow
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Canadian Pacific Kansas City Free Cash Flow (FCF) History (CP)
Canadian Pacific Kansas City reported $2.21B in free cash flow for fiscal 2025, a decrease of 9.70% from the previous fiscal year, with a free cash flow margin of 14.74%.
View full Canadian Pacific Kansas City company overviewCanadian Pacific Kansas City free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.21B | −$237.0M | −9.70% | +14.74% |
| 2024 | 2024-12-31 | $2.44B | $775.0M | +46.43% | +16.96% |
| 2023 | 2023-12-31 | $1.67B | −$916.0M | −35.44% | +13.41% |
| 2022 | 2022-12-31 | $2.58B | $429.0M | +19.90% | +29.61% |
| 2021 | 2021-12-31 | $2.16B | $1.02B | +90.63% | +27.24% |
| 2020 | 2020-12-31 | $1.13B | −$212.0M | −15.79% | +14.79% |
| 2019 | 2019-12-31 | $1.34B | $182.0M | +15.68% | +17.38% |
| 2018 | 2018-12-31 | $1.16B | $319.0M | +37.89% | +16.00% |
| 2017 | 2017-12-31 | $842.0M | −$65.0M | −7.17% | +12.97% |
| 2016 | 2016-12-31 | $907.0M | −$30.0M | −3.20% | +14.69% |
| 2015 | 2015-12-31 | $937.0M | $263.0M | +39.02% | +13.96% |
| 2014 | 2014-12-31 | $674.0M | −$40.0M | −5.60% | +10.18% |
| 2013 | 2013-12-31 | $714.0M | $534.0M | +296.67% | +11.64% |
| 2012 | 2012-12-31 | $180.0M | $772.0M | — | +3.16% |
| 2011 | 2011-12-31 | −$592.0M | −$368.0M | — | −11.44% |
| 2010 | 2010-12-31 | −$224.0M | $28.0M | — | −4.50% |
| 2009 | 2009-12-31 | −$252.0M | −$379.0M | — | −5.72% |
| 2008 | 2008-12-31 | $127.0M | — | — | +2.52% |
Canadian Pacific Kansas City quarterly free cash flow
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Q2.17
Q3.17
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Q3.24
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Q1.25
Q2.25
Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $968.0M | $356.0M | +58.17% | +23.40% |
| Q1 2026 | 2026-03-31 | $312.0M | −$133.0M | −29.89% | +8.49% |
| Q4 2025 | 2025-12-31 | $736.0M | −$226.0M | −23.49% | +18.90% |
| Q3 2025 | 2025-09-30 | $414.0M | −$110.0M | −20.99% | +11.39% |
| Q2 2025 | 2025-06-30 | $612.0M | $142.0M | +30.21% | +16.66% |
| Q1 2025 | 2025-03-31 | $445.0M | −$43.0M | −8.81% | +11.81% |
| Q4 2024 | 2024-12-31 | $962.0M | $327.0M | +51.50% | +25.03% |
| Q3 2024 | 2024-09-30 | $524.0M | $230.0M | +78.23% | +14.96% |
| Q2 2024 | 2024-06-30 | $470.0M | $206.0M | +78.03% | +13.14% |
| Q1 2024 | 2024-03-31 | $488.0M | $12.0M | +2.52% | +13.98% |
| Q4 2023 | 2023-12-31 | $635.0M | −$546.0M | −46.23% | +16.92% |
| Q3 2023 | 2023-09-30 | $294.0M | −$386.0M | −56.76% | +8.90% |
| Q2 2023 | 2023-06-30 | $264.0M | −$73.0M | −21.66% | +8.41% |
| Q1 2023 | 2023-03-31 | $476.0M | $89.0M | +23.00% | +21.21% |
| Q4 2022 | 2022-12-31 | $1.18B | $998.0M | +545.36% | +48.42% |
| Q3 2022 | 2022-09-30 | $680.0M | $504.0M | +286.36% | +29.67% |
| Q2 2022 | 2022-06-30 | $337.0M | −$1.20B | −78.09% | +15.45% |
| Q1 2022 | 2022-03-31 | $387.0M | $128.0M | +49.42% | +21.29% |
| Q4 2021 | 2021-12-31 | $183.0M | −$472.0M | −72.06% | +9.06% |
| Q3 2021 | 2021-09-30 | $176.0M | $167.0M | +1855.56% | +9.16% |
| Q2 2021 | 2021-06-30 | $1.54B | $1.21B | +361.86% | +75.61% |
| Q1 2021 | 2021-03-31 | $259.0M | $125.0M | +93.28% | +13.34% |
| Q4 2020 | 2020-12-31 | $655.0M | $122.0M | +22.89% | +32.85% |
| Q3 2020 | 2020-09-30 | $9.0M | −$350.0M | −97.49% | +0.49% |
| Q2 2020 | 2020-06-30 | $333.0M | $71.0M | +27.10% | +18.74% |
| Q1 2020 | 2020-03-31 | $134.0M | −$55.0M | −29.10% | +6.60% |
| Q4 2019 | 2019-12-31 | $533.0M | $69.0M | +14.87% | +25.97% |
| Q3 2019 | 2019-09-30 | $359.0M | $116.0M | +47.74% | +18.28% |
| Q2 2019 | 2019-06-30 | $262.0M | −$36.0M | −12.08% | +13.36% |
| Q1 2019 | 2019-03-31 | $189.0M | $33.0M | +21.15% | +10.79% |
| Q4 2018 | 2018-12-31 | $464.0M | $176.0M | +61.11% | +23.32% |
| Q3 2018 | 2018-09-30 | $243.0M | $35.0M | +16.83% | +12.91% |
| Q2 2018 | 2018-06-30 | $298.0M | $33.0M | +12.45% | +17.19% |
| Q1 2018 | 2018-03-31 | $156.0M | $75.0M | +92.59% | +9.47% |
| Q4 2017 | 2017-12-31 | $288.0M | −$200.0M | −40.98% | +17.01% |
| Q3 2017 | 2017-09-30 | $208.0M | −$89.0M | −29.97% | +13.16% |
| Q2 2017 | 2017-06-30 | $265.0M | $83.0M | +45.60% | +16.29% |
| Q1 2017 | 2017-03-31 | $81.0M | $141.0M | — | +5.09% |
| Q4 2016 | 2016-12-31 | $488.0M | $320.0M | +190.48% | +30.93% |
| Q3 2016 | 2016-09-30 | $297.0M | $50.0M | +20.24% | +19.11% |
| Q2 2016 | 2016-06-30 | $182.0M | −$48.0M | −20.87% | +12.55% |
| Q1 2016 | 2016-03-31 | −$60.0M | −$352.0M | — | −3.77% |
| Q4 2015 | 2015-12-31 | $168.0M | — | — | +9.96% |
| Q3 2015 | 2015-09-30 | $247.0M | — | — | +14.45% |
| Q2 2015 | 2015-06-30 | $230.0M | — | — | +13.93% |
| Q1 2015 | 2015-03-31 | $292.0M | — | — | +17.54% |
Canadian Pacific Kansas City free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.13B to $2.21B, a compound annual growth rate of 14.31%. Canadian Pacific Kansas City's latest reported quarter, Q2 2026, generated $968.0M in free cash flow, an increase of 58.17% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Canadian Pacific Kansas City filings at SEC.gov ↗