Canadian Pacific Railway Ltd (CP) — Free Cash Flow Generation Index
Canadian Pacific Railway Ltd (CP) has a Free Cash Flow Generation Index of 0.31x as of March 2026. Free cash flow of CA$307.00 Million represents 0% of operating cash flow (CA$976.00 Million). Read CP total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Canadian Pacific Railway Ltd Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for Canadian Pacific Railway Ltd across 29 annual periods. Explore Canadian Pacific Railway Ltd capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Canadian Pacific Railway Ltd (1997–2025)
Year-by-year Free Cash Flow Generation Index for Canadian Pacific Railway Ltd. For the full company profile including market capitalisation, see Canadian Pacific Railway Ltd market capitalisation.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.41x | CA$2.17 Billion | CA$5.31 Billion | CA$3.14 Billion | ▼ -10.5% |
| 2024 | 0.46x | CA$2.41 Billion | CA$5.27 Billion | CA$2.86 Billion | ▲ +15.3% |
| 2023 | 0.40x | CA$1.64 Billion | CA$4.14 Billion | CA$2.50 Billion | ▼ -36.6% |
| 2022 | 0.62x | CA$2.58 Billion | CA$4.14 Billion | CA$1.56 Billion | ▲ +6.8% |
| 2021 | 0.58x | CA$2.16 Billion | CA$3.69 Billion | CA$1.53 Billion | ▲ +44.8% |
| 2020 | 0.40x | CA$1.13 Billion | CA$2.80 Billion | CA$1.67 Billion | ▼ -10.1% |
| 2019 | 0.45x | CA$1.34 Billion | CA$2.99 Billion | CA$1.65 Billion | ▲ +4.9% |
| 2018 | 0.43x | CA$1.16 Billion | CA$2.71 Billion | CA$1.55 Billion | ▲ +10.9% |
| 2017 | 0.39x | CA$842.00 Million | CA$2.18 Billion | CA$1.34 Billion | ▼ -11.1% |
| 2016 | 0.43x | CA$907.00 Million | CA$2.09 Billion | CA$1.18 Billion | ▲ +13.9% |
| 2015 | 0.38x | CA$937.00 Million | CA$2.46 Billion | CA$1.52 Billion | ▲ +20.0% |
| 2014 | 0.32x | CA$674.00 Million | CA$2.12 Billion | CA$1.45 Billion | ▼ -13.3% |
| 2013 | 0.37x | CA$714.00 Million | CA$1.95 Billion | CA$1.24 Billion | ▲ +170.1% |
| 2012 | 0.14x | CA$180.00 Million | CA$1.33 Billion | CA$1.15 Billion | ▲ +111.7% |
| 2011 | -1.16x | CA$-592.00 Million | CA$512.00 Million | CA$1.10 Billion | ▼ -159.2% |
| 2010 | -0.45x | CA$-224.00 Million | CA$502.10 Million | CA$726.10 Million | ▲ +16.7% |
| 2009 | -0.54x | CA$-252.60 Million | CA$471.50 Million | CA$724.10 Million | ▼ -409.5% |
| 2008 | 0.17x | CA$186.80 Million | CA$1.08 Billion | CA$892.30 Million | ▼ -46.0% |
| 2007 | 0.32x | CA$421.40 Million | CA$1.31 Billion | CA$893.20 Million | ▲ +30.9% |
| 2006 | 0.24x | CA$257.30 Million | CA$1.05 Billion | CA$793.70 Million | ▲ +54.7% |
| 2005 | 0.16x | CA$166.30 Million | CA$1.05 Billion | CA$884.40 Million | ▲ +10.9% |
| 2004 | 0.14x | CA$112.20 Million | CA$786.00 Million | CA$673.80 Million | ▲ +112.9% |
| 2003 | -1.11x | CA$-360.70 Million | CA$325.90 Million | CA$686.60 Million | ▼ -516.3% |
| 2002 | 0.27x | CA$208.50 Million | CA$784.20 Million | CA$575.70 Million | ▲ +22.1% |
| 2001 | 0.22x | CA$165.10 Million | CA$758.50 Million | CA$593.40 Million | ▲ +62.7% |
| 2000 | 0.13x | CA$90.50 Million | CA$676.60 Million | CA$586.10 Million | ▼ -77.8% |
| 1999 | 0.60x | CA$406.10 Million | CA$672.90 Million | CA$266.80 Million | ▼ -32.5% |
| 1998 | 0.89x | CA$608.20 Million | CA$679.90 Million | CA$71.70 Million | ▲ +682.3% |
| 1997 | -0.15x | CA$-114.90 Million | CA$748.00 Million | CA$862.90 Million | — |