Canadian Pacific Kansas City announced its first-quarter results, including revenues of $3.8 billion, diluted earnings per share of $0.97 and core adjusted diluted EPS of $1.06.
“Our talented team of world-class railroaders executed our precision scheduled operating plan to safely and efficiently move solid freight demand to start 2025, producing strong first-quarter results amidst ongoing turbulent market and macroeconomic conditions,” CPKC President and Chief Executive Officer Keith Creel said in a release. “These first-quarter results demonstrate the power and resiliency of our unrivalled North American network.”
According to CPKC, its revenues increased by 8% to $3.8 billion from $3.5 billion in Q1 2024, and its reported operating ratio decreased by 210 basis points to 65.3 percent from 67.4 percent in Q1 2024.
The railroad also said:
- Core adjusted operating ratio decreased 150 basis points to 62.5 percent from 64.0 percent in Q1 2024
- Reported diluted EPS increased 17 percent to $0.97 from $0.83 in Q1 2024
- Core adjusted diluted EPS1 increased 14 percent to $1.06 from $0.93 in Q1 2024
- Volumes, as measured in Revenue Ton-Miles, increased 4%
- Federal Railroad Administration-reportable personal injury frequency decreased to 0.98 from 1.14 in Q1 20242
- FRA-reportable train accident frequency decreased to 0.38 from 0.90 in Q1 20242
“We remain focused on controlling what we can control, however, the increasing uncertainty created by evolving trade policies and the heightened risk of economic recession make it prudent to amend our 2025 earnings guidance at this time,” said Creel. “CPKC’s long-term value proposition remains unchanged. We will continue to operate safely and efficiently, as we deliver on our promise to provide premium service to our customers, bring new customer solutions and products to the market, and strengthen North American trade.”
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