Canadian Pacific Railway Ltd (CP) — Capital Reinvestment Ratio
Canadian Pacific Railway Ltd (CP) has a Capital Reinvestment Ratio of 0.44x as of June 2026, meaning it reinvests 0% of its operating cash flow (CA$1.73 Billion) in capital expenditures (CA$766.00 Million). Check Canadian Pacific Railway Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Canadian Pacific Railway Ltd Capital Reinvestment Ratio (1997–2025)
This chart tracks Canadian Pacific Railway Ltd's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see Canadian Pacific Railway Ltd (CP) cash conversion ratio.
Annual Capital Reinvestment Ratio for Canadian Pacific Railway Ltd (1997–2025)
Year-by-year Capital Reinvestment Ratio for Canadian Pacific Railway Ltd from 1997 to 2025. See CP FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.59x | CA$5.31 Billion | CA$3.14 Billion | ▲ +8.8% |
| 2024 | 0.54x | CA$5.27 Billion | CA$2.86 Billion | ▼ -10.0% |
| 2023 | 0.60x | CA$4.14 Billion | CA$2.50 Billion | ▲ +60.7% |
| 2022 | 0.38x | CA$4.14 Billion | CA$1.56 Billion | ▼ -9.5% |
| 2021 | 0.42x | CA$3.69 Billion | CA$1.53 Billion | ▼ -30.3% |
| 2020 | 0.60x | CA$2.80 Billion | CA$1.67 Billion | ▲ +8.3% |
| 2019 | 0.55x | CA$2.99 Billion | CA$1.65 Billion | ▼ -3.7% |
| 2018 | 0.57x | CA$2.71 Billion | CA$1.55 Billion | ▼ -6.9% |
| 2017 | 0.61x | CA$2.18 Billion | CA$1.34 Billion | ▲ +8.5% |
| 2016 | 0.57x | CA$2.09 Billion | CA$1.18 Billion | ▼ -8.6% |
| 2015 | 0.62x | CA$2.46 Billion | CA$1.52 Billion | ▼ -9.3% |
| 2014 | 0.68x | CA$2.12 Billion | CA$1.45 Billion | ▲ +7.7% |
| 2013 | 0.63x | CA$1.95 Billion | CA$1.24 Billion | ▼ -26.7% |
| 2012 | 0.86x | CA$1.33 Billion | CA$1.15 Billion | ▼ -59.9% |
| 2011 | 2.16x | CA$512.00 Million | CA$1.10 Billion | ▲ +49.1% |
| 2010 | 1.45x | CA$502.10 Million | CA$726.10 Million | ▼ -5.8% |
| 2009 | 1.54x | CA$471.50 Million | CA$724.10 Million | ▲ +85.7% |
| 2008 | 0.83x | CA$1.08 Billion | CA$892.30 Million | ▲ +21.7% |
| 2007 | 0.68x | CA$1.31 Billion | CA$893.20 Million | ▼ -10.0% |
| 2006 | 0.76x | CA$1.05 Billion | CA$793.70 Million | ▼ -10.3% |
| 2005 | 0.84x | CA$1.05 Billion | CA$884.40 Million | ▼ -1.8% |
| 2004 | 0.86x | CA$786.00 Million | CA$673.80 Million | ▼ -59.3% |
| 2003 | 2.11x | CA$325.90 Million | CA$686.60 Million | ▲ +187.0% |
| 2002 | 0.73x | CA$784.20 Million | CA$575.70 Million | ▼ -6.2% |
| 2001 | 0.78x | CA$758.50 Million | CA$593.40 Million | ▼ -9.7% |
| 2000 | 0.87x | CA$676.60 Million | CA$586.10 Million | ▲ +118.5% |
| 1999 | 0.40x | CA$672.90 Million | CA$266.80 Million | ▲ +276.0% |
| 1998 | 0.11x | CA$679.90 Million | CA$71.70 Million | ▼ -90.9% |
| 1997 | 1.15x | CA$748.00 Million | CA$862.90 Million | — |