Operating Margin: 33.99%
Is the operating margin high or low?
The operating margin of 33.99% is in line with its 5-year average of 36.85%, around the middle of its 5-year range (29.11%–41.12%).
As of Friday, June 26, 2026. 6.93% below its 12-month average of 36.52%.
CP Operating Margin
Reported quarterly operating margin; no daily interpolation.
CP Average Operating Margin Chart
CP Current vs Average Operating Margin Chart
CP Operating Margin Metrics
OPERATING MARGIN
33.99%
OPERATING MARGIN AVG TTM
36.52%
OPERATING MARGIN AVG 3Y
35.76%
OPERATING MARGIN AVG 5Y
36.85%
OPERATING MARGIN AVG 10Y
38.13%
OPERATING MARGIN AVG 15Y
36.08%
OPERATING MARGIN AVG 20Y
31.80%
CURRENT VS TTM AVG
-6.93%
CURRENT VS 3Y AVG
-4.95%
CURRENT VS 5Y AVG
-7.76%
CURRENT VS 10Y AVG
-10.86%
CURRENT VS 15Y AVG
-5.80%
CURRENT VS 20Y AVG
+6.90%
CP Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Pacific Kansas City Ltd. (CP) | $77.27B | 33.99% | 36.52% | 35.76% | 36.85% |
| FedEx Corporation (FDX)vs › | $77.76B | 5.77% | 6.34% | 6.46% | 6.67% |
| Illinois Tool Works Inc. (ITW)vs › | $77.85B | 26.42% | 26.55% | 25.49% | 24.82% |
| TransDigm Group Incorporated (TDG)vs › | $74.27B | 46.51% | 45.81% | 44.20% | 41.06% |
| Emerson Electric Co. (EMR)vs › | $81.40B | 19.96% | 17.42% | 17.53% | 16.97% |
| Comfort Systems USA, Inc. (FIX)vs › | $69.88B | 15.69% | 12.54% | 9.81% | 8.67% |
| CSX Corporation (CSX)vs › | $85.59B | 33.45% | 34.49% | 36.59% | 38.09% |
| Norfolk Southern Corporation (NSC)vs › | $68.24B | 32.39% | 31.98% | 31.05% | 33.01% |
| Automatic Data Processing, Inc. (ADP)vs › | $86.47B | 19.20% | 26.03% | 25.03% | 23.97% |
| Cintas Corporation (CTAS)vs › | $67.66B | 22.95% | 22.19% | 21.26% | 20.15% |
Operating Efficiency
Gross Margin
46.7%
Operating Margin
34.0%
Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Operating Margin FAQ
- What is the operating margin for Canadian Pacific Kansas City Ltd. (CP)?
- The operating margin for CP stock is 33.99%.
- Is Canadian Pacific Kansas City Ltd.'s operating margin high or low?
- The operating margin of 33.99% is in line with its 5-year average of 36.85%, around the middle of its 5-year range (29.11%–41.12%).
- What is the TTM average operating margin for Canadian Pacific Kansas City Ltd. (CP)?
- The TTM average operating margin for CP stock is 36.52%.
- What is the 3Y average operating margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 3Y average operating margin for CP stock is 35.76%.
- What is the 5Y average operating margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 5Y average operating margin for CP stock is 36.85%.
- What is the 10Y average operating margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 10Y average operating margin for CP stock is 38.13%.
- What is the 15Y average operating margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 15Y average operating margin for CP stock is 36.08%.
- What is the 20Y average operating margin for Canadian Pacific Kansas City Ltd. (CP)?
- The 20Y average operating margin for CP stock is 31.80%.
CP Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2026-03-31 | 33.99% |
| 2025-12-31 | 41.12% |
| 2025-09-30 | 36.49% |
| 2025-06-30 | 36.31% |
| 2025-03-31 | 34.70% |
| 2024-12-31 | 40.27% |
| 2024-09-30 | 33.90% |
| 2024-06-30 | 35.17% |
| 2024-03-31 | 32.64% |
| 2023-12-31 | 38.19% |
| 2023-09-30 | 35.13% |
| 2023-06-30 | 29.74% |
| 2023-03-31 | 36.58% |
| 2022-12-31 | 40.17% |
| 2022-09-30 | 40.53% |
| 2022-06-30 | 39.42% |
| 2022-03-31 | 29.11% |
| 2021-12-31 | 40.78% |
| 2021-09-30 | 39.86% |
| 2021-06-30 | 39.92% |
| 2021-03-31 | 39.82% |
| 2020-12-31 | 46.12% |
| 2020-09-30 | 41.81% |
| 2020-06-30 | 42.97% |
| 2020-03-31 | 40.82% |
| 2019-12-31 | 43.02% |
| 2019-09-30 | 43.91% |
| 2019-06-30 | 41.58% |
| 2019-03-31 | 30.73% |
| 2018-12-31 | 43.57% |
| 2018-09-30 | 41.62% |
| 2018-06-30 | 35.83% |
| 2018-03-31 | 32.49% |
| 2017-12-31 | 53.47% |
| 2017-09-30 | 39.00% |
| 2017-06-30 | 37.19% |
| 2017-03-31 | 37.68% |
| 2016-12-31 | 43.80% |
| 2016-09-30 | 30.24% |
| 2016-06-30 | 38.00% |
| 2016-03-31 | 41.04% |
| 2015-12-31 | 40.13% |
| 2015-09-30 | 44.06% |
| 2015-06-30 | 39.13% |
| 2015-03-31 | 36.76% |
| 2014-12-31 | 40.23% |
| 2014-09-30 | 37.19% |
| 2014-06-30 | 34.92% |
| 2014-03-31 | 28.03% |
| 2013-12-31 | 7.09% |
| 2013-09-30 | 34.16% |
| 2013-06-30 | 28.06% |
| 2013-03-31 | 24.21% |
| 2012-12-31 | 3.99% |
| 2012-09-30 | 25.91% |
| 2012-06-30 | 17.50% |
| 2012-03-31 | 19.91% |
| 2011-12-31 | 21.51% |
| 2011-09-30 | 24.15% |
| 2011-06-30 | 18.27% |
| 2011-03-31 | 9.37% |
| 2010-12-31 | 23.00% |
| 2010-09-30 | 26.26% |
| 2010-06-30 | 22.21% |
| 2010-03-31 | 17.71% |
| 2009-12-31 | 24.40% |
| 2009-09-30 | 31.51% |
| 2009-06-30 | 18.08% |
| 2009-03-31 | 12.35% |
| 2008-12-31 | 23.46% |
| 2008-09-30 | 23.71% |
| 2008-06-30 | 20.56% |
| 2008-03-31 | 17.31% |
| 2007-12-31 | 25.71% |
| 2007-09-30 | 27.08% |
| 2007-06-30 | 25.29% |
| 2007-03-31 | 20.55% |
| 2006-12-31 | -485.29% |
| 2006-09-30 | 25.79% |
| 2006-06-30 | 24.92% |
| 2006-03-31 | 20.63% |
| 2005-12-31 | 22.11% |
| 2005-09-30 | 25.64% |
| 2005-06-30 | 24.51% |
| 2005-03-31 | 17.62% |
| 2004-12-31 | 15.72% |
| 2004-09-30 | 22.12% |
| 2004-06-30 | 21.96% |
| 2004-03-31 | 13.08% |
| 2003-12-31 | 20.14% |
| 2003-09-30 | 22.51% |
| 2003-06-30 | 20.34% |
| 2003-03-31 | 13.45% |
| 2002-12-31 | 25.04% |
| 2002-09-30 | 24.38% |
| 2002-06-30 | 23.74% |
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