Gross Margin: 33.99%
Is the gross margin high or low?
The gross margin of 33.99% is 36% below its 5-year average of 52.84%, near the low end of its 5-year range (33.99%–68.64%).
As of Friday, June 26, 2026. 30.28% below its 12-month average of 48.75%.
CP Gross Margin
Reported quarterly gross margin; no daily interpolation.
CP Average Gross Margin Chart
CP Current vs Average Gross Margin Chart
CP Gross Margin Metrics
GROSS MARGIN
33.99%
GROSS MARGIN AVG TTM
48.75%
GROSS MARGIN AVG 3Y
51.78%
GROSS MARGIN AVG 5Y
53.90%
GROSS MARGIN AVG 10Y
54.41%
GROSS MARGIN AVG 15Y
52.33%
GROSS MARGIN AVG 20Y
54.19%
CURRENT VS TTM AVG
-30.28%
CURRENT VS 3Y AVG
-34.35%
CURRENT VS 5Y AVG
-36.93%
CURRENT VS 10Y AVG
-37.53%
CURRENT VS 15Y AVG
-35.04%
CURRENT VS 20Y AVG
-37.27%
CP Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Pacific Kansas City Ltd. (CP) | $77.27B | 33.99% | 48.75% | 51.78% | 53.90% |
| FedEx Corporation (FDX)vs › | $77.76B | 26.38% | 23.99% | 22.71% | 22.28% |
| Illinois Tool Works Inc. (ITW)vs › | $77.85B | 44.12% | 43.88% | 42.30% | 41.61% |
| TransDigm Group Incorporated (TDG)vs › | $74.27B | 59.02% | 59.49% | 58.60% | 56.44% |
| Emerson Electric Co. (EMR)vs › | $81.40B | 52.66% | 51.81% | 49.57% | 47.39% |
| Comfort Systems USA, Inc. (FIX)vs › | $69.88B | 25.13% | 22.57% | 20.52% | 19.92% |
| CSX Corporation (CSX)vs › | $85.59B | 37.54% | 35.56% | 36.96% | 38.67% |
| Norfolk Southern Corporation (NSC)vs › | $68.24B | 45.31% | 36.74% | 33.43% | 34.60% |
| Automatic Data Processing, Inc. (ADP)vs › | $86.47B | 47.48% | 50.39% | 49.13% | 48.16% |
| Cintas Corporation (CTAS)vs › | $67.66B | 50.36% | 49.44% | 48.11% | 47.45% |
Gross Margin Analysis
Gross Margin
34.0%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Canadian Pacific Kansas City Ltd. (CP)?
- The gross margin for CP stock is 33.99%.
- Is Canadian Pacific Kansas City Ltd.'s gross margin high or low?
- The gross margin of 33.99% is 36% below its 5-year average of 52.84%, near the low end of its 5-year range (33.99%–68.64%).
- What is the TTM average gross margin for Canadian Pacific Kansas City Ltd. (CP)?
- The TTM average gross margin for CP stock is 48.75%.
- What is the 3Y average gross margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 3Y average gross margin for CP stock is 51.78%.
- What is the 5Y average gross margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 5Y average gross margin for CP stock is 53.90%.
- What is the 10Y average gross margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 10Y average gross margin for CP stock is 54.41%.
- What is the 15Y average gross margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 15Y average gross margin for CP stock is 52.33%.
- What is the 20Y average gross margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 20Y average gross margin for CP stock is 54.19%.
CP Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 33.99% |
| 2025-12-31 | 36.86% |
| 2025-09-30 | 68.64% |
| 2025-06-30 | 53.04% |
| 2025-03-31 | 51.23% |
| 2024-12-31 | 54.08% |
| 2024-09-30 | 50.72% |
| 2024-06-30 | 51.51% |
| 2024-03-31 | 49.15% |
| 2023-12-31 | 57.10% |
| 2023-09-30 | 51.18% |
| 2023-06-30 | 48.93% |
| 2023-03-31 | 50.84% |
| 2022-12-31 | 57.64% |
| 2022-09-30 | 55.54% |
| 2022-06-30 | 56.04% |
| 2022-03-31 | 49.02% |
| 2021-12-31 | 59.07% |
| 2021-09-30 | 57.52% |
| 2021-06-30 | 59.15% |
| 2021-03-31 | 58.40% |
| 2020-12-31 | 55.42% |
| 2020-09-30 | 58.40% |
| 2020-06-30 | 60.38% |
| 2020-03-31 | 56.14% |
| 2019-12-31 | 57.27% |
| 2019-09-30 | 59.83% |
| 2019-06-30 | 55.79% |
| 2019-03-31 | 47.31% |
| 2018-12-31 | 58.82% |
| 2018-09-30 | 57.32% |
| 2018-06-30 | 52.97% |
| 2018-03-31 | 50.54% |
| 2017-12-31 | 60.83% |
| 2017-09-30 | 53.42% |
| 2017-06-30 | 49.18% |
| 2017-03-31 | 50.03% |
| 2016-12-31 | 55.41% |
| 2016-09-30 | 54.12% |
| 2016-06-30 | 51.10% |
| 2016-03-31 | 53.11% |
| 2015-12-31 | 50.74% |
| 2015-09-30 | 50.32% |
| 2015-06-30 | 49.49% |
| 2015-03-31 | 45.23% |
| 2014-12-31 | 49.66% |
| 2014-09-30 | 46.71% |
| 2014-06-30 | 43.07% |
| 2014-03-31 | 37.11% |
| 2013-12-31 | 43.68% |
| 2013-09-30 | 43.22% |
| 2013-06-30 | 37.47% |
| 2013-03-31 | 33.04% |
| 2012-12-31 | 34.62% |
| 2012-09-30 | 35.35% |
| 2012-06-30 | 37.34% |
| 2012-03-31 | 34.52% |
| 2011-12-31 | 57.88% |
| 2011-09-30 | 58.36% |
| 2011-06-30 | 54.57% |
| 2011-03-31 | 69.97% |
| 2010-12-31 | 60.36% |
| 2010-09-30 | 64.28% |
| 2010-06-30 | 60.53% |
| 2010-03-31 | 58.42% |
| 2009-12-31 | 60.15% |
| 2009-09-30 | 65.04% |
| 2009-06-30 | 61.87% |
| 2009-03-31 | 55.55% |
| 2008-12-31 | 49.53% |
| 2008-09-30 | 57.95% |
| 2008-06-30 | 56.63% |
| 2008-03-31 | 56.49% |
| 2007-12-31 | 23.98% |
| 2007-09-30 | 67.58% |
| 2007-06-30 | 99.90% |
| 2007-03-31 | 60.97% |
| 2006-12-31 | 19.76% |
| 2006-09-30 | 64.89% |
| 2006-06-30 | 63.77% |
| 2006-03-31 | 62.48% |
| 2005-12-31 | 62.77% |
| 2005-09-30 | 63.87% |
| 2005-06-30 | 63.66% |
| 2005-03-31 | 61.07% |
| 2004-12-31 | 65.01% |
| 2004-09-30 | 63.38% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 25.42% |
| 2003-09-30 | 64.90% |
| 2003-06-30 | 31.06% |
| 2003-03-31 | 74.69% |
| 2002-12-31 | 0.67% |
| 2002-09-30 | 86.29% |
| 2002-06-30 | 32.93% |
Related Metrics
About Canadian Pacific Kansas City Ltd.
Specializing in railway freight transportation, Canadian Pacific Kansas City Ltd. operates an extensive rail network connecting Canada, the United States, and Mexico. The company, headquartered in Calgary, Canada, began its operations on June 22, 2001.
- Sector
- Industrials
- Industry
- Railroads
- CEO
- Keith E. Creel