Canadian Pacific Railway Ltd (CP) — Free Cash Flow Generation Index
Canadian Pacific Railway Ltd (CP) has a Free Cash Flow Generation Index of 0.56x as of June 2026. Free cash flow of CA$960.00 Million represents 1% of operating cash flow (CA$1.73 Billion). Explore reinvestment intensity of Canadian Pacific Railway Ltd to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see CP operating cash flow.
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. Check Canadian Pacific Railway Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |