CPKC Delivers Strong Fourth-Quarter and Full-Year 2024 Results, Positioned for 2025 Growth

CP
October 02, 2025

Canadian Pacific Kansas City (CPKC) announced its fourth-quarter 2024 results on January 29, 2025, reporting revenues of $3.9 billion. The company achieved diluted earnings per share (EPS) of $1.28 and core adjusted combined diluted EPS of $1.29, marking a strong finish to its first full year as a combined entity.

For the full year 2024, CPKC led the industry with the lowest FRA-reportable train accident frequency among Class 1 railroads, continuing Canadian Pacific's 17-year legacy of safety leadership. CEO Keith Creel attributed the strong performance to volume growth, improved safety, and solid operational execution.

Looking ahead to 2025, CPKC expects another year of strong earnings growth, consistent with the multi-year guidance provided at its 2023 Investor Day. Management expressed confidence in the company's team, network, and capacity to deliver robust results for all stakeholders.

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