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Canadian (TSX) Transportation Industry Analysis

UpdatedJan 22, 2026
DataAggregated Company Financials
Companies5
  • 7D0.3%
  • 3M-0.8%
  • 1Y-10.8%
  • YTD-1.1%

The Transportation industry has stayed flat over the last week. As for the longer term, the industry has declined 11% in the last year. Earnings are forecast to grow by 7.2% annually.

Industry Valuation and Performance

Has the Canadian Transportation Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 Jan 2026CA$184.2bCA$45.5bCA$9.4b19.7x19.5x4.1x
Sun, 21 Dec 2025CA$189.0bCA$45.4bCA$9.4b19.8x20.1x4.2x
Tue, 18 Nov 2025CA$183.4bCA$45.6bCA$9.4b19.4x19.4x4x
Thu, 16 Oct 2025CA$193.9bCA$45.7bCA$9.4b19.4x20.7x4.2x
Sat, 13 Sep 2025CA$189.3bCA$45.6bCA$9.4b19.4x20.2x4.2x
Mon, 11 Aug 2025CA$185.4bCA$45.5bCA$9.3b18.4x19.9x4.1x
Wed, 09 Jul 2025CA$201.5bCA$45.7bCA$9.0b20x22.4x4.4x
Fri, 06 Jun 2025CA$206.8bCA$45.7bCA$9.0b19.5x23x4.5x
Sun, 04 May 2025CA$194.9bCA$45.8bCA$9.0b18.7x21.7x4.3x
Tue, 01 Apr 2025CA$190.7bCA$45.7bCA$8.9b17.6x21.5x4.2x
Thu, 27 Feb 2025CA$206.1bCA$45.6bCA$8.9b19.3x23.2x4.5x
Sat, 25 Jan 2025CA$221.2bCA$45.5bCA$9.8b21x22.6x4.9x
Mon, 23 Dec 2024CA$206.4bCA$45.5bCA$9.8b20.9x21.1x4.5x
Wed, 20 Nov 2024CA$210.8bCA$45.2bCA$9.7b21.5x21.7x4.7x
Fri, 18 Oct 2024CA$223.2bCA$44.3bCA$9.7b21.4x23x5x
Sun, 15 Sep 2024CA$228.9bCA$44.1bCA$9.7b22x23.6x5.2x
Tue, 13 Aug 2024CA$213.6bCA$44.3bCA$9.7b21.7x22.1x4.8x
Thu, 11 Jul 2024CA$217.7bCA$42.8bCA$10.2b22.3x21.4x5.1x
Sat, 08 Jun 2024CA$227.6bCA$42.9bCA$10.2b22.1x22.4x5.3x
Mon, 06 May 2024CA$226.0bCA$42.9bCA$10.2b19.5x22.1x5.3x
Wed, 03 Apr 2024CA$245.1bCA$41.6bCA$10.4b20.1x23.6x5.9x
Fri, 01 Mar 2024CA$238.3bCA$41.6bCA$10.4b20x22.9x5.7x
Sun, 28 Jan 2024CA$222.3bCA$40.2bCA$10.7b19x20.8x5.5x
Tue, 26 Dec 2023CA$221.3bCA$40.1bCA$10.0b21.3x22.2x5.5x
Thu, 23 Nov 2023CA$208.1bCA$40.5bCA$10.0b18.6x20.8x5.1x
Sat, 21 Oct 2023CA$201.1bCA$40.4bCA$10.6b15.9x19x5x
Mon, 18 Sep 2023CA$220.5bCA$40.3bCA$10.6b17.6x20.8x5.5x
Wed, 16 Aug 2023CA$216.5bCA$40.3bCA$10.6b17.4x20.5x5.4x
Fri, 14 Jul 2023CA$214.4bCA$40.2bCA$10.4b12x20.7x5.3x
Sun, 11 Jun 2023CA$210.0bCA$40.4bCA$10.4b11.6x20.2x5.2x
Tue, 09 May 2023CA$221.7bCA$40.4bCA$10.3b15.7x21.4x5.5x
Thu, 06 Apr 2023CA$214.6bCA$39.8bCA$9.9b16.2x21.7x5.4x
Sat, 04 Mar 2023CA$224.0bCA$40.0bCA$9.9b17.2x22.7x5.6x
Mon, 30 Jan 2023CA$215.8bCA$40.0bCA$9.0b13.2x24.1x5.4x
Price to Earnings Ratio

24.1x


Total Market Cap: CA$215.8bTotal Earnings: CA$9.0bTotal Revenue: CA$40.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Transportation Industry Price to Earnings3Y Average 21.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Transportation industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.7x.
  • The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Transportation industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market0.33%
Industrials0.098%
Transportation0.29%
Railroads0.37%
Cargo Ground Transportation-0.68%
Trucking-2.63%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 19.0x.
    • Analysts are expecting annual earnings growth of 16.1%, which is higher than its past year's earnings decline of 26.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Railroads industry is expected to see its earnings grow by 6.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available

Latest News

MTL
CA$16.69
Mullen Group
7D
-0.4%
1Y
12.3%
TFII
CA$153.99
TFI International
7D
-1.6%
1Y
-20.8%
CNR
CA$137.90
Canadian National Railway
7D
-0.06%
1Y
-9.7%

CNR: Share Repurchases Will Support Earnings Compounding And Future Upside Potential

Analysts have nudged their fair value estimate for Canadian National Railway slightly higher to $154.95 from $154.85, reflecting updated views on revenue growth, profit margins and future P/E assumptions. What's in the News From July 1, 2025 to September 30, 2025, Canadian National Railway repurchased 7,700,000 shares for CAD 1,041m, representing 1.23% of its shares.
CP
CA$99.86
Canadian Pacific Kansas City
7D
-0.8%
1Y
-13.2%
ARGH
CA$0.37
Argo
7D
-2.6%
1Y
196.0%