Canadian Pacific Kansas City Ltd. logo
CPCanadian Pacific Kansas City Ltd.

Quick Ratio (Acid-Test): 0.57

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.57 is 12% above its 5-year average of 0.51, around the middle of its 5-year range (0.33–0.81).

As of Friday, June 26, 2026. 6.46% below its 12-month average of 0.61.

Quick Ratio

CP Quick Ratio

0.57

Reported quarterly quick ratio; no daily interpolation.

-9.84% 5Y
CP Quick Ratio (Acid-Test)

CP Average Quick Ratio (Acid-Test) Chart

CP Quick Ratio (Acid-Test)

CP Current vs Average Quick Ratio (Acid-Test) Chart

CP Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.57

QUICK RATIO (ACID-TEST) AVG TTM

0.61

QUICK RATIO (ACID-TEST) AVG 3Y

0.52

QUICK RATIO (ACID-TEST) AVG 5Y

0.49

QUICK RATIO (ACID-TEST) AVG 10Y

0.52

QUICK RATIO (ACID-TEST) AVG 15Y

0.62

QUICK RATIO (ACID-TEST) AVG 20Y

0.69

CURRENT VS TTM AVG

-6.46%

CURRENT VS 3Y AVG

+8.38%

CURRENT VS 5Y AVG

+15.62%

CURRENT VS 10Y AVG

+9.70%

CURRENT VS 15Y AVG

-9.20%

CURRENT VS 20Y AVG

-17.50%

CP Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Canadian Pacific Kansas City Ltd. (CP)$77.27B0.570.610.520.49
FedEx Corporation (FDX)vs ›$77.76B1.441.291.311.34
Illinois Tool Works Inc. (ITW)vs ›$77.85B0.890.940.951.20
TransDigm Group Incorporated (TDG)vs ›$74.27B2.251.772.452.80
Emerson Electric Co. (EMR)vs ›$81.40B0.651.021.321.25
Norfolk Southern Corporation (NSC)vs ›$70.09B0.780.800.850.86
Comfort Systems USA, Inc. (FIX)vs ›$69.88B1.191.131.101.13
Automatic Data Processing, Inc. (ADP)vs ›$86.47B1.051.031.011.03
Cintas Corporation (CTAS)vs ›$67.66B1.821.361.151.09
3M Company (MMM)vs ›$87.61B1.331.211.051.12

Liquidity Comparison

Quick Ratio

0.57

Excludes inventory

Current Ratio

0.49

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Canadian Pacific Kansas City Ltd. (CP)?
The quick ratio (acid-test) for CP stock is 0.57.
Is Canadian Pacific Kansas City Ltd.'s quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.57 is 12% above its 5-year average of 0.51, around the middle of its 5-year range (0.33–0.81).
What is the TTM average quick ratio (acid-test) for Canadian Pacific Kansas City Ltd. (CP)?
The TTM average quick ratio (acid-test) for CP stock is 0.61.
What is the 3Y average quick ratio (acid-test) for Canadian Pacific Kansas City Ltd. (CP)?
The 3Y average quick ratio (acid-test) for CP stock is 0.52.
What is the 5Y average quick ratio (acid-test) for Canadian Pacific Kansas City Ltd. (CP)?
The 5Y average quick ratio (acid-test) for CP stock is 0.49.
What is the 10Y average quick ratio (acid-test) for Canadian Pacific Kansas City Ltd. (CP)?
The 10Y average quick ratio (acid-test) for CP stock is 0.52.
What is the 15Y average quick ratio (acid-test) for Canadian Pacific Kansas City Ltd. (CP)?
The 15Y average quick ratio (acid-test) for CP stock is 0.62.
What is the 20Y average quick ratio (acid-test) for Canadian Pacific Kansas City Ltd. (CP)?
The 20Y average quick ratio (acid-test) for CP stock is 0.69.

CP Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-310.57
2025-12-310.41
2025-09-300.54
2025-06-300.81
2025-03-310.70
2024-12-310.52
2024-09-300.46
2024-06-300.44
2024-03-310.43
2023-12-310.46
2023-09-300.61
2023-06-300.58
2023-03-310.56
2022-12-310.50
2022-09-300.49
2022-06-300.42
2022-03-310.36
2021-12-310.35
2021-09-300.33
2021-06-300.63
2021-03-310.44
2020-12-310.42
2020-09-300.51
2020-06-300.70
2020-03-310.69
2019-12-310.45
2019-09-300.48
2019-06-300.55
2019-03-310.66
2018-12-310.48
2018-09-300.58
2018-06-300.48
2018-03-310.50
2017-12-310.57
2017-09-300.44
2017-06-300.48
2017-03-310.77
2016-12-310.61
2016-09-300.47
2016-06-300.50
2016-03-311.09
2015-12-310.93
2015-09-300.95
2015-06-300.73
2015-03-310.80
2014-12-310.78
2014-09-301.02
2014-06-301.29
2014-03-311.47
2013-12-311.35
2013-09-301.24
2013-06-301.17
2013-03-311.04
2012-12-310.97
2012-09-300.89
2012-06-300.71
2012-03-310.77
2011-12-310.59
2011-09-300.60
2011-06-300.76
2011-03-310.79
2010-12-310.85
2010-09-300.89
2010-06-301.00
2010-03-311.02
2009-12-310.94
2009-09-300.89
2009-06-300.72
2009-03-311.04
2008-12-310.69
2008-09-300.55
2008-06-300.54
2008-03-310.62
2007-12-310.73
2007-09-300.94
2007-06-301.00
2007-03-310.64
2006-12-310.68
2006-09-300.60
2006-06-300.57
2006-03-310.58
2005-12-310.68
2005-09-300.62
2005-06-300.65
2005-03-310.67
2004-12-310.67
2004-09-300.67
2004-06-300.66
2004-03-310.78
2003-12-310.65
2003-09-300.90
2003-06-300.54
2003-03-310.74
2002-12-310.53
2002-09-300.50
2002-06-300.54

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.

Calgary, AB
19,992 employees
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Keith E. Creel