Tax Rate: 24.55%
Is the tax rate high or low?
The tax rate of 24.55% is 15% above its 5-year average of 21.41%, near the high end of its 5-year range (7.43%–27.08%).
0.02% below its 12-month average of 24.56%.
CP Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
CP Average Tax Rate Chart
CP Current vs Average Tax Rate Chart
CP Tax Rate Metrics
TAX RATE
24.55%
TAX RATE AVG TTM
24.56%
TAX RATE AVG 3Y
24.23%
TAX RATE AVG 5Y
22.14%
TAX RATE AVG 10Y
23.57%
TAX RATE AVG 15Y
24.97%
TAX RATE AVG 20Y
25.55%
CURRENT VS TTM AVG
-0.02%
CURRENT VS 3Y AVG
+1.35%
CURRENT VS 5Y AVG
+10.88%
CURRENT VS 10Y AVG
+4.16%
CURRENT VS 15Y AVG
-1.65%
CURRENT VS 20Y AVG
-3.89%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Canadian Pacific Kansas City Ltd. (CP)?
- The tax rate for CP stock is 24.55%.
- Is Canadian Pacific Kansas City Ltd.'s tax rate high or low?
- The tax rate of 24.55% is 15% above its 5-year average of 21.41%, near the high end of its 5-year range (7.43%–27.08%).
- What is the TTM average tax rate for Canadian Pacific Kansas City Ltd. (CP)?
- The TTM average tax rate for CP stock is 24.56%.
- What is the 3Y average tax rate for Canadian Pacific Kansas City Ltd. (CP)?
- The 3Y average tax rate for CP stock is 24.23%.
- What is the 5Y average tax rate for Canadian Pacific Kansas City Ltd. (CP)?
- The 5Y average tax rate for CP stock is 22.14%.
- What is the 10Y average tax rate for Canadian Pacific Kansas City Ltd. (CP)?
- The 10Y average tax rate for CP stock is 23.57%.
- What is the 15Y average tax rate for Canadian Pacific Kansas City Ltd. (CP)?
- The 15Y average tax rate for CP stock is 24.97%.
- What is the 20Y average tax rate for Canadian Pacific Kansas City Ltd. (CP)?
- The 20Y average tax rate for CP stock is 25.55%.
CP Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 24.55% |
| 2025-12-31 | 27.08% |
| 2025-09-30 | 24.40% |
| 2025-06-30 | 22.44% |
| 2025-03-31 | 24.31% |
| 2024-12-31 | 17.02% |
| 2024-09-30 | 23.84% |
| 2024-06-30 | 24.44% |
| 2024-03-31 | 25.07% |
| 2023-12-31 | 21.27% |
| 2023-09-30 | 24.86% |
| 2023-03-31 | 16.93% |
| 2022-12-31 | 7.43% |
| 2022-09-30 | 18.03% |
| 2022-06-30 | 24.26% |
| 2022-03-31 | 12.59% |
| 2021-12-31 | 22.11% |
| 2021-09-30 | 26.37% |
| 2021-06-30 | 17.10% |
| 2021-03-31 | 24.09% |
| 2020-12-31 | 19.56% |
| 2020-09-30 | 24.02% |
| 2020-06-30 | 22.94% |
| 2020-03-31 | 31.14% |
| 2019-12-31 | 25.89% |
| 2019-09-30 | 25.45% |
| 2019-06-30 | 14.62% |
| 2019-03-31 | 24.26% |
| 2018-12-31 | 26.25% |
| 2018-09-30 | 24.24% |
| 2018-06-30 | 21.86% |
| 2018-03-31 | 25.96% |
| 2017-12-31 | -58.45% |
| 2017-09-30 | 25.00% |
| 2017-06-30 | 22.33% |
| 2017-03-31 | 25.56% |
| 2016-12-31 | 27.13% |
| 2016-09-30 | 26.17% |
| 2016-06-30 | 26.29% |
| 2016-03-31 | 23.94% |
| 2015-12-31 | 30.04% |
| 2015-09-30 | 32.99% |
| 2015-06-30 | 31.22% |
| 2015-03-31 | 29.52% |
| 2014-12-31 | 27.26% |
| 2014-09-30 | 27.27% |
| 2014-06-30 | 27.96% |
| 2014-03-31 | 28.05% |
| 2013-12-31 | -115.79% |
| 2013-09-30 | 28.63% |
| 2013-06-30 | 26.74% |
| 2013-03-31 | 24.91% |
| 2012-09-30 | 26.56% |
| 2012-06-30 | 31.79% |
| 2012-03-31 | 26.04% |
| 2011-12-31 | 4.65% |
| 2011-09-30 | 24.13% |
| 2011-06-30 | 26.01% |
| 2011-03-31 | 25.93% |
| 2010-12-31 | 21.67% |
| 2010-09-30 | 28.54% |
| 2010-06-30 | 21.67% |
| 2010-03-31 | 30.31% |
| 2009-12-31 | -25.77% |
| 2009-09-30 | 29.07% |
| 2009-06-30 | 29.24% |
| 2009-03-31 | -5.40% |
| 2008-09-30 | 22.00% |
| 2008-06-30 | 23.88% |
| 2008-03-31 | 13.52% |
| 2007-09-30 | 29.82% |
| 2007-06-30 | 24.25% |
| 2007-03-31 | 30.97% |
| 2006-12-31 | 33.31% |
| 2006-09-30 | 32.54% |
| 2006-06-30 | -35.65% |
| 2006-03-31 | 34.16% |
| 2005-12-31 | 32.81% |
| 2005-09-30 | 30.23% |
| 2005-06-30 | 36.89% |
| 2005-03-31 | 35.44% |
| 2004-12-31 | 15.21% |
| 2004-09-30 | 21.90% |
| 2004-06-30 | 37.26% |
| 2004-03-31 | 46.71% |
| 2003-12-31 | 1.28% |
| 2003-09-30 | 32.77% |
| 2003-03-31 | 18.94% |
| 2002-12-31 | 29.80% |
| 2002-09-30 | 41.38% |
| 2002-06-30 | 23.42% |
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