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CPKC(CP) - 2025 Q2 - Earnings Call Presentation

Financial Highlights - CPKC's Q2 2025 revenues reached $3.7 billion, a 3% increase compared to Q2 2024[17,41] - The operating ratio improved by 110 bps to 63.7%, with the core adjusted operating ratio also improving by 110 bps to 60.7%[17,41] - Diluted earnings per share increased by 37% to $1.33, while core adjusted diluted earnings per share increased by 7% to $1.12[17,41] - Adjusted free cash increased by 15% to $605 million[51] Volume and Revenue Performance - Revenue Ton Miles (RTMs) increased by 7%[17,32] - Carloads increased by 6%[32] - FX-Adjusted revenue in Bulk increased by 6%, Merchandise decreased by 1%, and Intermodal increased by 8%[34] Operating Performance - FRA personal injuries improved by 8% to 0.77 per 200,000 employee-hours[24,81] - FRA train accident frequency deteriorated by 39% to 0.97 per million train-miles[24,81] - Average terminal dwell for Legacy KCS U S improved 42%[27] Outlook - CPKC anticipates a 10-14% core adjusted diluted EPS growth vs 2024[60] - The company expects mid-single digit RTM growth[60] - Capital expenditures are projected at $2.9 billion[60]