Canadian Pacific Railway's operating ratio decreased dramatically between the fiscal year of 2011 and the fiscal year of 2021. In 2022 however, Canadian Pacific Railway reported an operating ratio of 62.2 percent, an increase of 2.3 percent compared to the previous year. The operating ratio is calculated by dividing operating expenses by operating revenues.
Canadian Pacific Railway's operating ratio from FY 2011 to FY 2022
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Canadian Pacific Railway. (February 23, 2022). Canadian Pacific Railway's operating ratio from FY 2011 to FY 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/548469/operating-ratio-of-canadian-pacific-railway/
Canadian Pacific Railway. "Canadian Pacific Railway's operating ratio from FY 2011 to FY 2022." Chart. February 23, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/548469/operating-ratio-of-canadian-pacific-railway/
Canadian Pacific Railway. (2022). Canadian Pacific Railway's operating ratio from FY 2011 to FY 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/548469/operating-ratio-of-canadian-pacific-railway/
Canadian Pacific Railway. "Canadian Pacific Railway's Operating Ratio from Fy 2011 to Fy 2022." Statista, Statista Inc., 23 Feb 2022, https://www.statista.com/statistics/548469/operating-ratio-of-canadian-pacific-railway/
Canadian Pacific Railway, Canadian Pacific Railway's operating ratio from FY 2011 to FY 2022 Statista, https://www.statista.com/statistics/548469/operating-ratio-of-canadian-pacific-railway/ (last visited November 21, 2024)
Canadian Pacific Railway's operating ratio from FY 2011 to FY 2022 [Graph], Canadian Pacific Railway, February 23, 2022. [Online]. Available: https://www.statista.com/statistics/548469/operating-ratio-of-canadian-pacific-railway/