• Canadian Pacific Kansas City average return on tangible equity for 2023 was 12.94, a 31.37% increase from 2022.
• Canadian Pacific Kansas City average return on tangible equity for 2022 was 9.85, a 71.53% increase from 2021.
• Canadian Pacific Kansas City average return on tangible equity for 2021 was 34.6, a 1.41% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.