Filing Flows › Canadian Pacific Kansas City (CP) › Guidance history
Canadian Pacific Kansas City (CP) guidance history: what it guided and what it reported
Canadian Pacific Kansas City gave guidance in 19 earnings releases on file since Jan 30, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Tax rate: 1 of 1, on average +0.0 pts against the guided midpoint.
Operating expenses
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $6.0M (Feb 26, 2026) → raised $48.0M (Apr 30, 2026) → raised $49.0M (Jul 30, 2026) | — | to be reported | — |
| FY2025 | $7.0M (Feb 27, 2025) → raised $43.0M (May 1, 2025) → lowered $42.0M (Jul 31, 2025) → reaffirmed $42.0M (Oct 30, 2025) | — | — | — |
Tax rate
Met or beat 1 of 1 periods (0 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 24.5% (Jan 29, 2025) | 24.5% | within the range | +0.0 pts |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 24.8% (Jan 28, 2026) → reaffirmed 24.8% (Feb 26, 2026) → reaffirmed 24.8% (Apr 30, 2026) → reaffirmed 24.8% (Jul 30, 2026) | — | to be reported | — |
| Q4 2025 | 24.5% (Apr 30, 2025) | — | — | — |
| FY2025 | 24.5% (Feb 27, 2025) → reaffirmed 24.5% (May 1, 2025) → reaffirmed 24.5% (Jul 31, 2025) → reaffirmed 24.5% (Oct 30, 2025) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $2.6B (Jan 28, 2026) | — | to be reported | — |
| FY2025 | $2.9B (Jan 29, 2025) | $3.1B (GAAP) | not judged | — |
| FY2024 | $2.8B (Jan 30, 2024) | $2.8B (GAAP) | not judged | — |
Depreciation & amortization
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $1.0M (Apr 29, 2026) → reaffirmed $1.0M (Jul 29, 2026) → reaffirmed $1.0M (Oct 28, 2026) | — | to be reported | — |
| Q4 2025 | $1.0M (Apr 30, 2025) → reaffirmed $1.0M (Jul 30, 2025) → reaffirmed $1.0M (Oct 29, 2025) | — | — | — |
| Q4 2024 | $1.0M (Apr 24, 2024) → reaffirmed $1.0M (Jul 30, 2024) → reaffirmed $1.0M (Oct 23, 2024) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $2.0M (Apr 29, 2026) → reaffirmed $2.0M (Jul 29, 2026) → reaffirmed $2.0M (Oct 28, 2026) | — | to be reported | — |
| Q4 2025 | $1.0M (Apr 30, 2025) → reaffirmed $1.0M (Jul 30, 2025) → reaffirmed $1.0M (Oct 29, 2025) | — | — | — |
| Q4 2024 | $5.0M (Apr 24, 2024) → reaffirmed $5.0M (Jul 30, 2024) → reaffirmed $5.0M (Oct 23, 2024) | — | — | — |
The latest quarter
Canadian Pacific Kansas City, Q3 2026: revenue $4.2B (+15% year over year), operating margin 35.2%, net earnings $916M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
Questions
Does Canadian Pacific Kansas City beat its guidance?
Canadian Pacific Kansas City gave guidance in 19 earnings releases on file since Jan 30, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Tax rate: 1 of 1, on average +0.0 pts against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.