Railroad Trends · Indexed comparison

Compare quarterly trends.

See how selected measures changed from the same starting quarter. Exact values and annual traffic remain separate.

Canadian Pacific Kansas City3 measures · 2025 Q1–2026 Q2

Quarterly · relative movement

Your comparison

Index: first selected quarter = 100.

Average employeesOperating revenueTotal capital expenditures
CPKC · solid
Indexed quarterly comparison: CPKC Average employees, CPKC Operating revenue, CPKC Total capital expendituresFrom 2025 Q1 to 2026 Q2. Every available line starts at 100. Exact values are in the following table. Similar movement does not establish causation.12811510390772025 Q12025 Q22025 Q32025 Q42026 Q12026 Q2CPKC · Average employees, 2025 Q1: index 100.0; 5,604CPKC · Average employees, 2025 Q2: index 102.1; 5,721CPKC · Average employees, 2025 Q3: index 100.4; 5,629CPKC · Average employees, 2025 Q4: index 102.0; 5,714CPKC · Operating revenue, 2025 Q1: index 100.0; $913,009,192CPKC · Operating revenue, 2025 Q2: index 95.8; $874,785,883CPKC · Operating revenue, 2025 Q3: index 99.3; $906,513,166CPKC · Operating revenue, 2025 Q4: index 97.0; $885,559,924CPKC · Operating revenue, 2026 Q1: index 97.6; $890,843,230CPKC · Operating revenue, 2026 Q2: index 109.9; $1,003,712,258CPKC · Total capital expenditures, 2025 Q1: index 100.0; $153,569,976CPKC · Total capital expenditures, 2025 Q2: index 121.0; $185,762,444CPKC · Total capital expenditures, 2025 Q3: index 101.3; $155,531,261CPKC · Total capital expenditures, 2025 Q4: index 107.7; $165,400,491CPKC · Total capital expenditures, 2026 Q1: index 84.1; $129,124,961CPKC · Total capital expenditures, 2026 Q2: index 103.2; $158,531,497
Indexed lines compare relative movement, not railroad size or absolute performance. Co-movement does not establish causation.
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2 · Quarterly timeline
STB reportedRailStats calculatedIndexed comparison

120 means 20% higher. Color identifies the measure; line style identifies the railroad.

Quarter readout

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2026 Q2 · change from 2025 Q1

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All selected lines at 2026 Q2. Changes are RailStats.org calculations relative to the starting quarter.
Railroad / measureExact valueIndexChange from start
CPKC · Average employeesRailStats calculated5,566——
CPKC · Operating revenueRailStats calculated$1,003,712,258109.9+9.9%
CPKC · Total capital expendituresRailStats calculated$158,531,497103.2+3.2%

100 is the starting value. Percentage change = index − 100; for a percentage-valued measure, this is relative change, not percentage points. A dash means unavailable.

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Annual traffic

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Exact quarterly values and calculated indexes

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Source-unit values · index from 2025 Q1. A dash means unavailable, never zero.
Railroad / measure2025 Q12025 Q22025 Q32025 Q42026 Q12026 Q2
CPKC · Average employeesRailStats calculated5,604Index 100.05,721Index 102.15,629Index 100.45,714Index 102.05,560Index —5,566Index —
CPKC · Operating revenueRailStats calculated$913,009,192Index 100.0$874,785,883Index 95.8$906,513,166Index 99.3$885,559,924Index 97.0$890,843,230Index 97.6$1,003,712,258Index 109.9
CPKC · Total capital expendituresRailStats calculated$153,569,976Index 100.0$185,762,444Index 121.0$155,531,261Index 101.3$165,400,491Index 107.7$129,124,961Index 84.1$158,531,497Index 103.2

Separate period · annual traffic

2025 full-year traffic

Only one annual year is available, so these are snapshots, not trend lines. Annual totals are not repeated across quarters or plotted on the quarterly index. Timeline controls above do not change this full-year view.

Carloads

STB reported · carloads

CPKC1,935,209

Tons

STB reported · tons

CPKC137,065,757

Gross freight revenue

STB reported · nominal USD

CPKC$3,646,621,959

Each measure has its own bar scale. Larger totals reflect scale of operations; they do not by themselves indicate efficiency or better performance.

Sources, formulas, and limits

Average employees

RailStats calculated · Quarterly Wage A&B

Sum of the six STB-reported occupational-group average-employee values. Quarterly average. Not a point-in-time headcount.

Operating revenue

RailStats calculated · Quarterly Revenue, Expenses & Income

Sum of five STB-reported operating-revenue line items. Quarterly nominal dollars.

Total capital expenditures

RailStats calculated · Quarterly Condensed Balance Sheet

STB-reported road expenditures plus STB-reported equipment expenditures. Quarter-only nominal dollars.

Index = selected-quarter value ÷ first-quarter value × 100. A zero, negative, or missing starting value cannot be indexed and is marked unavailable; later missing values break the line. Annual traffic uses the reported annual Freight Commodity Statistics totals.

Read methodology · Review official sources

How to read this view

Patterns can guide questions, not prove causes.

Reported facts, RailStats.org-calculated totals, and indexed values remain labeled separately. Annual traffic stays outside the quarterly overlay because its reporting period does not align.