Canadian Pacific Railway Ltd (CP) — Free Cash Flow Generation Index
Canadian Pacific Railway Ltd (CP) has a Free Cash Flow Generation Index of 0.48x as of December 2025. Free cash flow of CA$729.00 Million represents 0% of operating cash flow (CA$1.52 Billion). See Canadian Pacific Railway Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 (CP) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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 stock valuation.
| 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 | — |