---
schema_version: "secwatch.filing_event.v1"
accession: "0000016875-25-000016"
form_type: "8-K"
ticker: "CP"
cik: "0000016875"
company_name: "CANADIAN PACIFIC KANSAS CITY LTD/CN"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:26:28.635132+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPKC Q1 revenue up 8% to $3.8B; core adj. EPS $1.06, guides FY25 EPS growth 10-14%

## Summary
- Revenues $3.8B (+8% YoY); reported diluted EPS $0.97 (+17%); core adj. diluted EPS $1.06 (+14%).
- Reported operating ratio improved 210 bps to 65.3%; core adjusted OR improved 150 bps to 62.5%.
- Volumes (RTMs) up 4%; FRA personal injury frequency fell to 0.98 from 1.14; train accident frequency to 0.38 from 0.90.
- FY2025 core adj. diluted EPS guidance: growth of 10-14% vs 2024's $4.25, citing tariff and trade policy uncertainty.

## SEC filing metadata
- accession: 0000016875-25-000016
- form_type: 8-K
- ticker: CP
- cik: 0000016875
- company_name: CANADIAN PACIFIC KANSAS CITY LTD/CN
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16875/000001687525000016/0000016875-25-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16875/000001687525000016/cp-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016875-25-000016
- JSON: https://secwatch.observer/filing/0000016875-25-000016.json
- Plain text: https://secwatch.observer/filing/0000016875-25-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.