Canadian Gross Profit from 2010 to 2024

CP Stock

USD 73.14 0.24 0.33%

Canadian Pacific Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 3.6 B. Gross Profit is the profit Canadian Pacific Railway makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2000-06-30

Previous Quarter

1.4 B

Current Value

1.8 B

Quarterly Volatility

499.5 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Canadian Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Pacific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 809.5 M or Selling General Administrative of 1.1 B, as well as many indicators such as Price To Sales Ratio of 8.17, Dividend Yield of 0.0069 or PTB Ratio of 2.63. Canadian financial statements analysis is a perfect complement when working with Canadian Pacific Valuation or Volatility modules.

Check out the analysis of Canadian Pacific Correlation against competitors.

Latest Canadian Pacific's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Canadian Pacific Railway over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Canadian Pacific's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Pacific's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 4.8 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Canadian Gross Profit Regression Statistics

	Arithmetic Mean	3,826,803,384
	Geometric Mean	3,711,790,638
	Coefficient Of Variation	26.44
	Mean Deviation	696,290,626
	Median	3,680,000,000
	Standard Deviation	1,011,795,918
	Sample Variance	1023731T
	Range	4.4B
	R-Value	0.71
	Mean Square Error	542318T
	R-Squared	0.51
	Significance	0
	Slope	161,268,412
	Total Sum of Squares	14332233.7T

Canadian Gross Profit History

	2024	3.6 B
	2023	6.6 B
	2022	4.6 B
	2021	4.4 B
	2020	4.4 B
	2019	4.3 B
	2018	3.9 B

Other Fundumenentals of Canadian Pacific Railway

Gross Profit Margin

Canadian Pacific Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Long Term Debt	Good Will	Short Term Investments	Long Term Investments	Short Long Term Debt	Intangible Assets	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.31	0.98	0.94	0.09	0.88	0.99	0.77	0.92	0.99	0.99	0.98	0.72	-0.97	0.57	0.57	0.68	0.63	0.83	0.86	0.93	-0.91	0.93
Total Stockholder Equity	1.0		0.29	0.96	0.93	0.14	0.86	0.98	0.79	0.91	0.99	0.99	0.96	0.73	-0.98	0.57	0.59	0.69	0.59	0.84	0.85	0.94	-0.9	0.94
Current Deferred Revenue	0.31	0.29		0.33	0.31	-0.06	0.33	0.31	0.23	0.31	0.26	0.33	0.33	0.39	-0.24	-0.04	0.04	0.37	0.16	0.15	0.25	0.22	-0.23	0.21
Net Debt	0.98	0.96	0.33		0.93	0.0	0.89	1.0	0.72	0.92	0.95	0.97	1.0	0.71	-0.93	0.53	0.52	0.65	0.69	0.78	0.86	0.89	-0.91	0.89
Retained Earnings	0.94	0.93	0.31	0.93		-0.05	0.95	0.93	0.82	0.95	0.88	0.94	0.9	0.79	-0.85	0.36	0.65	0.72	0.6	0.7	0.78	0.82	-0.92	0.8
Accounts Payable	0.09	0.14	-0.06	0.0	-0.05		0.07	0.02	0.18	0.17	0.16	0.16	0.02	0.27	-0.16	-0.03	0.01	0.4	-0.04	0.17	0.12	0.17	-0.2	0.15
Net Receivables	0.88	0.86	0.33	0.89	0.95	0.07		0.88	0.86	0.96	0.8	0.89	0.86	0.89	-0.75	0.15	0.59	0.83	0.57	0.59	0.7	0.72	-0.93	0.69
Total Liab	0.99	0.98	0.31	1.0	0.93	0.02	0.88		0.73	0.91	0.96	0.98	1.0	0.7	-0.95	0.56	0.54	0.64	0.68	0.81	0.87	0.91	-0.9	0.91
Total Current Assets	0.77	0.79	0.23	0.72	0.82	0.18	0.86	0.73		0.85	0.73	0.77	0.7	0.9	-0.66	0.04	0.8	0.87	0.31	0.53	0.57	0.63	-0.83	0.6
Short Term Debt	0.92	0.91	0.31	0.92	0.95	0.17	0.96	0.91	0.85		0.87	0.93	0.89	0.87	-0.83	0.26	0.63	0.84	0.59	0.67	0.78	0.79	-0.98	0.77
Common Stock	0.99	0.99	0.26	0.95	0.88	0.16	0.8	0.96	0.73	0.87		0.98	0.95	0.67	-0.99	0.64	0.54	0.64	0.57	0.87	0.85	0.95	-0.87	0.96
Net Tangible Assets	0.99	0.99	0.33	0.97	0.94	0.16	0.89	0.98	0.77	0.93	0.98		0.97	0.75	-0.96	0.54	0.55	0.71	0.62	0.82	0.86	0.92	-0.92	0.92
Long Term Debt	0.98	0.96	0.33	1.0	0.9	0.02	0.86	1.0	0.7	0.89	0.95	0.97		0.67	-0.94	0.58	0.49	0.61	0.7	0.8	0.86	0.9	-0.88	0.91
Good Will	0.72	0.73	0.39	0.71	0.79	0.27	0.89	0.7	0.9	0.87	0.67	0.75	0.67		-0.59	-0.14	0.58	0.99	0.28	0.45	0.54	0.56	-0.88	0.52
Short Term Investments	-0.97	-0.98	-0.24	-0.93	-0.85	-0.16	-0.75	-0.95	-0.66	-0.83	-0.99	-0.96	-0.94	-0.59		-0.71	-0.49	-0.57	-0.61	-0.9	-0.87	-0.97	0.83	-0.98
Long Term Investments	0.57	0.57	-0.04	0.53	0.36	-0.03	0.15	0.56	0.04	0.26	0.64	0.54	0.58	-0.14	-0.71		0.11	-0.16	0.48	0.69	0.58	0.69	-0.25	0.74
Short Long Term Debt	0.57	0.59	0.04	0.52	0.65	0.01	0.59	0.54	0.8	0.63	0.54	0.55	0.49	0.58	-0.49	0.11		0.54	0.23	0.41	0.44	0.48	-0.61	0.47
Intangible Assets	0.68	0.69	0.37	0.65	0.72	0.4	0.83	0.64	0.87	0.84	0.64	0.71	0.61	0.99	-0.57	-0.16	0.54		0.22	0.43	0.51	0.53	-0.85	0.5
Property Plant Equipment	0.63	0.59	0.16	0.69	0.6	-0.04	0.57	0.68	0.31	0.59	0.57	0.62	0.7	0.28	-0.61	0.48	0.23	0.22		0.73	0.83	0.73	-0.59	0.69
Long Term Debt Total	0.83	0.84	0.15	0.78	0.7	0.17	0.59	0.81	0.53	0.67	0.87	0.82	0.8	0.45	-0.9	0.69	0.41	0.43	0.73		0.92	0.97	-0.71	0.96
Capital Surpluse	0.86	0.85	0.25	0.86	0.78	0.12	0.7	0.87	0.57	0.78	0.85	0.86	0.86	0.54	-0.87	0.58	0.44	0.51	0.83	0.92		0.94	-0.81	0.91
Net Invested Capital	0.93	0.94	0.22	0.89	0.82	0.17	0.72	0.91	0.63	0.79	0.95	0.92	0.9	0.56	-0.97	0.69	0.48	0.53	0.73	0.97	0.94		-0.8	0.99
Net Working Capital	-0.91	-0.9	-0.23	-0.91	-0.92	-0.2	-0.93	-0.9	-0.83	-0.98	-0.87	-0.92	-0.88	-0.88	0.83	-0.25	-0.61	-0.85	-0.59	-0.71	-0.81	-0.8		-0.78
Capital Stock	0.93	0.94	0.21	0.89	0.8	0.15	0.69	0.91	0.6	0.77	0.96	0.92	0.91	0.52	-0.98	0.74	0.47	0.5	0.69	0.96	0.91	0.99	-0.78

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About Canadian Pacific Financial Statements

Canadian Pacific shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Canadian Pacific investors may analyze each financial statement separately, they are all interrelated. The changes in Canadian Pacific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canadian Pacific's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	6.6 B	3.6 B
Gross Profit Margin	0.51	0.59

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 together with Canadian Stock

0.68

FLYX

flyExclusive,

Pair Corr

Moving against Canadian Stock

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0.86	AAL	American Airlines Aggressive Push	Pair Corr
0.84	DAL	Delta Air Lines Fiscal Year End 10th of January 2025	Pair Corr
0.83	ALK	Alaska Air Group Fiscal Year End 23rd of January 2025	Pair Corr

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.

Pair Correlation Correlation Matching

Additional 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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