Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canadian Pacific Kansas City's retained earnings for the quarter that ended in Mar. 2026 was $14,531 Mil.
Canadian Pacific Kansas City's quarterly retained earnings
increased
from Sep. 2025 ($13,861 Mil) to Dec. 2025 ($14,341 Mil) and
increased
from Dec. 2025 ($14,341 Mil) to Mar. 2026 ($14,531 Mil).
Canadian Pacific Kansas City's annual retained earnings
increased
from Dec. 2023 ($12,239 Mil) to Dec. 2024 ($13,637 Mil) and
increased
from Dec. 2024 ($13,637 Mil) to Dec. 2025 ($14,341 Mil).
Canadian Pacific Kansas City (NYSE:CP) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Canadian Pacific Kansas City Retained Earnings Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canadian Pacific Kansas City Retained Earnings Chart
Canadian Pacific Kansas City Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $14,531 Mil mean?
Canadian Pacific Kansas City (CP) has a Retained Earnings of $14,531 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Canadian Pacific Kansas City and its competitors.
Is Canadian Pacific Kansas City's Retained Earnings too high?
Canadian Pacific Kansas City's current Retained Earnings is $14,531 Mil. Overall, Canadian Pacific Kansas City has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Pacific Kansas City's Retained Earnings compare to UNP and CSX?
Canadian Pacific Kansas City's Retained Earnings of $14,531 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Canadian Pacific Kansas City and its competitors. Canadian Pacific Kansas City's current Retained Earnings is $14,531 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Pacific Kansas City stock overvalued right now?
Based on GuruFocus' analysis, Canadian Pacific Kansas City (CP) is currently considered Fairly Valued. The stock's GF Value™ is $85.90, compared to a current price of $87.79 — trading 2.2% above its estimated fair value. The current Retained Earnings is $14,531 Mil. Canadian Pacific Kansas City's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Canadian Pacific Kansas City (CP), the current Retained Earnings is $14,531 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian Pacific Kansas City (CP) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Pacific Kansas City stock appears to be overvalued.
The current stock price of $87.79 is trading 2.2% above its estimated GF Value™ of $85.90.
GuruFocus considers Canadian Pacific Kansas City to be Fairly Valued.
Key valuation signals for CP:
Retained Earnings: $14,531 Mil
GF Value™: $85.90 vs. price of $87.79 (2.2% above fair value)
No single metric tells the full story. See the CP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Pacific Kansas City is a Class I railroad operating on tracks that span most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CPKC operates new single-linehaul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross-border and intra-Mexico freight via operating concessions on more than 3,000 miles of rail in Mexico. CPKC hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.
80GF Score
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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