16 December 2025
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CANADIAN PACIFIC KANSAS CITY LTD/CN
CIK: 16875•2 Annual Reports•Latest: 2025-04-28
10-K / April 28, 2025
Revenue:$14,546,000,000
Income:$3,713,000,000
10-K / April 29, 2024
Revenue:$13,900,000,000
Income:$3,923,000,000
10-K / April 28, 2025
Company Overview
Business Description
Canadian Pacific Kansas City Limited (CPKC) is a major North American rail transportation company that operates a comprehensive freight rail network connecting Canada, the United States, and Mexico. The company is engaged in the transportation of goods and commodities across North America.
Core Operations
- Network and Service: CPKC operates a single-line rail network linking Canada, the U.S., and Mexico, offering rail freight services for various industries including automotive, energy, chemicals, agriculture, and general freight.
- Innovative Initiatives:
- Hydrogen locomotive pilot programs and development of hydrogen refueling infrastructure.
- Expansion of specialized services such as refrigerated intermodal freight and automotive supply chain solutions.
- Construction of major infrastructure including a US$100 million railroad bridge over the Rio Grande.
Financial Performance (2024)
- Total Revenue: Approximately $14.5 billion CAD, up from $12.6 billion CAD in 2023.
- Earnings:
- Core adjusted combined diluted EPS: $4.25, representing an 11% increase from 2023.
- Operating Ratio: 64.4% reported, with a core adjusted ratio of 61.3%.
- Revenue Growth: 5% increase over 2023, driven by revenue growth in key sectors and expanded network operations.
- Safety and Industry Leadership:
- Leading industry safety metrics with the lowest FRA-reportable train accident frequency among Class 1 railroads and the lowest personal injury rate on record.
- Recognized for sustainability efforts, including inclusion in the Dow Jones Sustainability North America Index.
Employees and Customers
- Employees: Approximately 20,000 employees across Canada, the U.S., and Mexico.
- Customers: Serves a broad base of industries including automotive manufacturers, chemical producers, energy companies, agricultural producers, and general freight customers.
- Customer Growth:
- Expanded automotive and energy chemicals sectors.
- Initiated new services such as refrigerated intermodal freight between Mexico and Canada.
- Increased volumes through strategic automotive supply chain solutions.
Key Business Segments and Leadership
- Leadership:
- Keith Creel – President and CEO.
- Nadeem Velani – Executive Vice President and CFO.
- John K. Brooks – EVP and Chief Marketing Officer.
- Mark Redd – EVP and Chief Operating Officer.
- James D. Clements – EVP of Strategic Planning and Corporate Services.
- Operations:
- Manages 24/7 railway operations, safety, mechanical, engineering, and logistics.
- Implements modern safety and efficiency technologies, including Wayside Detection and precision scheduling.
- Infrastructure developments include new bridges, terminals, and refueling facilities.
Sustainability and Industry Leadership
- Recognized for environmental and social sustainability, including placement on the DJSI North America Index.
- Focuses on safety excellence, technological innovation, and building a sustainable future through hydrogen locomotive projects and infrastructure investments.
Note: The above information is based solely on the provided document's content.
