Canadian Historical Income Statement
| CP Stock | USD 79.56 1.99 2.57% |
Historical analysis of Canadian Pacific income statement accounts such as Interest Expense of 809.5 M or Selling General Administrative of 1.1 B can show how well Canadian Pacific Railway performed in making a profits. Evaluating Canadian Pacific income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canadian Pacific's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Canadian Pacific Railway latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian Pacific Railway is a good buy for the upcoming year.
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About Canadian Income Statement Analysis
Canadian Pacific Railway Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Canadian Pacific shareholders. The income statement also shows Canadian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Canadian Pacific Income Statement Chart
Canadian Pacific Railway Income Statement is one of the three primary financial statements used for reporting Canadian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canadian Pacific Railway revenue and expense. Canadian Pacific Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Canadian Pacific's Net Income is relatively stable compared to the past year. As of 05/03/2024, Net Income From Continuing Ops is likely to grow to about 4.4 B, while Total Operating Expenses is likely to drop slightly above 1.6 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Canadian Pacific Railway generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Canadian Pacific Railway minus its cost of goods sold. It is profit before Canadian Pacific operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canadian Pacific Railway. It is also known as Canadian Pacific overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Canadian Pacific's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canadian Pacific Railway current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At this time, Canadian Pacific's Net Income is relatively stable compared to the past year. As of 05/03/2024, Net Income From Continuing Ops is likely to grow to about 4.4 B, while Total Operating Expenses is likely to drop slightly above 1.6 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4B | 4.6B | 6.4B | 3.6B | Total Revenue | 8.0B | 8.8B | 12.6B | 13.2B |
Canadian Pacific income statement Correlations
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Canadian Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Pacific income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.1B | 1.1B | 1.1B | 853M | 1.5B | 1.6B | |
| Interest Expense | 448M | 458M | 440M | 652M | 771M | 809.6M | |
| Selling General Administrative | 1.2B | 1.1B | 1.2B | 601M | 691.2M | 1.1B | |
| Total Revenue | 7.8B | 7.7B | 8.0B | 8.8B | 12.6B | 13.2B | |
| Gross Profit | 4.3B | 4.4B | 4.4B | 4.6B | 6.4B | 3.6B | |
| Other Operating Expenses | 4.7B | 4.4B | 4.8B | 5.5B | 8.2B | 4.8B | |
| Operating Income | 3.1B | 3.3B | 3.2B | 4.8B | 4.4B | 4.6B | |
| Ebit | 3.1B | 3.3B | 3.2B | 4.8B | 4.9B | 5.2B | |
| Ebitda | 4.2B | 4.4B | 4.3B | 5.7B | 6.5B | 6.8B | |
| Total Operating Expenses | 1.2B | 1.1B | 1.2B | 1.3B | 2.0B | 1.6B | |
| Income Before Tax | 3.1B | 3.2B | 3.6B | 4.1B | (3.1B) | (2.9B) | |
| Total Other Income Expense Net | 22M | (109M) | 414M | (652M) | (6.7B) | (6.3B) | |
| Net Income | 2.4B | 2.4B | 2.9B | 3.5B | 3.9B | 4.1B | |
| Income Tax Expense | 706M | 758M | 768M | 628M | (7.0B) | (6.6B) | |
| Net Income From Continuing Ops | 2.4B | 2.4B | 2.9B | 3.5B | 4.2B | 4.4B | |
| Cost Of Revenue | 3.5B | 3.3B | 3.6B | 4.2B | 6.2B | 3.2B | |
| Net Income Applicable To Common Shares | 2.4B | 2.4B | 2.9B | 3.5B | 4.0B | 4.2B | |
| Selling And Marketing Expenses | 197M | 221M | 222M | 209M | 240.4M | 206.8M | |
| Tax Provision | 706M | 758M | 768M | 628M | (7.1B) | (6.8B) | |
| Interest Income | 624M | 350M | 458M | 581M | 522.9M | 389.4M | |
| Net Interest Income | (448M) | (458M) | (440M) | (652M) | (731M) | (767.6M) | |
| Reconciled Depreciation | 706M | 779M | 811M | 853M | 1.3B | 913.2M |
Canadian Pacific Investors Sentiment
The influence of Canadian Pacific's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canadian Pacific's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Pacific Railway. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian Pacific's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian Pacific's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canadian Pacific's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canadian Pacific.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Pacific in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Pacific's short interest history, or implied volatility extrapolated from Canadian Pacific options trading.
Pair Trading with Canadian Pacific
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Pacific will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
| 0.6 | VLRS | Volaris | PairCorr |
| 0.5 | MESA | Mesa Air Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Canadian Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Pacific Railway to buy it.
The correlation of Canadian Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Pacific Railway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Canadian Stock analysis
When running Canadian Pacific's price analysis, check to measure Canadian Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Pacific. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 0.76 | Earnings Share 3.06 | Revenue Per Share 14.821 | Quarterly Revenue Growth 0.553 |
The market value of Canadian Pacific Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Pacific's value that differs from its market value or its book value, called intrinsic value, which is Canadian Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Pacific's market value can be influenced by many factors that don't directly affect Canadian Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.