Canadian Pacific Railway Ltd (CP) — Capital Reinvestment Ratio
Latest as of March 2026:
0.69x
Canadian Pacific Railway Ltd (CP) has a Capital Reinvestment Ratio of 0.69x as of March 2026, meaning it reinvests 1% of its operating cash flow (CA$976.00 Million) in capital expenditures (CA$669.00 Million). See CP FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.69x
Capex / Operating Cash Flow
Operating Cash Flow
CA$976.00 Million
CAD
Capital Expenditures
CA$669.00 Million
CAD
Data as of
Mar 2026
Most recent filing
Canadian Pacific Railway Ltd Capital Reinvestment Ratio (1997–2025)
This chart tracks Canadian Pacific Railway Ltd's Capital Reinvestment Ratio across 29 annual periods.
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. For live market cap and broader valuation context, see CP company net worth.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow