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Canadian (TSX) Transportation Industry Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies5
  • 7D0.7%
  • 3M1.0%
  • 1Y-7.7%
  • YTD-0.8%

Over the last 7 days, the Transportation industry has dropped 1.9%, driven by a pullback from Canadian Pacific Kansas City of 3.3%. However, the industry is down 11% over the past year. As for the next few years, earnings are expected to grow by 7.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026CA$184.3bCA$45.5bCA$9.4b19.8x19.6x4.1x
Sun, 07 Dec 2025CA$187.9bCA$45.5bCA$9.4b19.8x19.9x4.1x
Tue, 04 Nov 2025CA$185.3bCA$45.6bCA$9.4b19.4x19.6x4.1x
Thu, 02 Oct 2025CA$188.4bCA$45.6bCA$9.4b19x20.1x4.1x
Sat, 30 Aug 2025CA$190.9bCA$45.5bCA$9.3b19.8x20.4x4.2x
Mon, 28 Jul 2025CA$192.2bCA$45.7bCA$9.0b19.2x21.3x4.2x
Wed, 25 Jun 2025CA$201.0bCA$45.7bCA$9.0b19.6x22.4x4.4x
Fri, 23 May 2025CA$208.4bCA$45.8bCA$9.0b19.7x23.2x4.5x
Sun, 20 Apr 2025CA$192.8bCA$45.2bCA$8.9b17.4x21.7x4.3x
Tue, 18 Mar 2025CA$200.1bCA$45.6bCA$8.9b18.2x22.5x4.4x
Thu, 13 Feb 2025CA$213.7bCA$45.4bCA$9.0b22x23.9x4.7x
Sat, 11 Jan 2025CA$210.8bCA$45.6bCA$9.8b20.4x21.6x4.6x
Mon, 09 Dec 2024CA$214.2bCA$45.3bCA$9.8b22.4x22x4.7x
Wed, 06 Nov 2024CA$213.0bCA$45.1bCA$9.7b20.9x21.9x4.7x
Fri, 04 Oct 2024CA$220.4bCA$44.1bCA$9.7b21x22.8x5x
Sun, 01 Sep 2024CA$222.5bCA$44.0bCA$9.7b22.3x23x5.1x
Tue, 30 Jul 2024CA$226.0bCA$43.9bCA$10.1b22.6x22.4x5.1x
Thu, 27 Jun 2024CA$220.4bCA$42.9bCA$10.2b21.5x21.7x5.1x
Sat, 25 May 2024CA$228.6bCA$42.9bCA$10.2b23.2x22.4x5.3x
Mon, 22 Apr 2024CA$238.6bCA$41.8bCA$10.4b19.9x22.9x5.7x
Wed, 20 Mar 2024CA$242.2bCA$41.6bCA$10.4b19.9x23.3x5.8x
Fri, 16 Feb 2024CA$236.8bCA$41.5bCA$10.4b19.9x22.7x5.7x
Sun, 14 Jan 2024CA$222.4bCA$40.3bCA$10.0b21.9x22.3x5.5x
Tue, 12 Dec 2023CA$211.5bCA$40.4bCA$10.0b18.6x21.2x5.2x
Thu, 09 Nov 2023CA$206.8bCA$40.5bCA$10.0b18.1x20.7x5.1x
Sat, 07 Oct 2023CA$204.2bCA$40.4bCA$10.6b16.8x19.3x5.1x
Mon, 04 Sep 2023CA$220.2bCA$40.4bCA$10.6b18.5x20.8x5.5x
Wed, 02 Aug 2023CA$221.6bCA$40.1bCA$10.6b17.6x21x5.5x
Fri, 30 Jun 2023CA$217.4bCA$40.3bCA$10.4b12.6x21x5.4x
Sun, 28 May 2023CA$215.2bCA$40.6bCA$10.4b15.5x20.8x5.3x
Tue, 25 Apr 2023CA$230.2bCA$39.9bCA$9.9b17.3x23.3x5.8x
Thu, 23 Mar 2023CA$201.5bCA$26.0bCA$8.6b24x23.4x7.8x
Sat, 18 Feb 2023CA$218.6bCA$39.8bCA$9.9b16.9x22.1x5.5x
Mon, 16 Jan 2023CA$224.7bCA$39.2bCA$8.7b12.9x25.7x5.7x
Price to Earnings Ratio

25.7x


Total Market Cap: CA$224.7bTotal Earnings: CA$8.7bTotal Revenue: CA$39.2bTotal 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 4.2x.
Past Earnings Growth
  • The earnings for companies in the Transportation industry have grown 2.5% per year over the last three years.
  • Revenues for these companies have grown 5.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

CA Market1.76%
Industrials1.20%
Transportation0.72%
Trucking7.89%
Cargo Ground Transportation6.99%
Railroads0.24%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 18.9x.
    • 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 6.7% 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
CNR Canadian National RailwayCA$137.891.6%
+CA$1.3b		-5.8%PE18.4x
TFII TFI InternationalCA$152.557.5%
+CA$878.8m		-20.4%PE27.7x
MTL Mullen GroupCA$16.192.9%
+CA$43.0m		10.9%PE16.2x
ARGH ArgoCA$0.417.9%
+CA$6.0m		256.5%PS53x

Latest News

CP
CA$100.06
Canadian Pacific Kansas City
7D
-1.0%
1Y
-7.8%
CNR
CA$137.89
Canadian National Railway
7D
1.6%
1Y
-5.8%

Canadian National Railway Company's (TSE:CNR) Price In Tune With Earnings

Jan 03
Canadian National Railway Company's (TSE:CNR) Price In Tune With Earnings
TFII
CA$152.55
TFI International
7D
7.5%
1Y
-20.4%

TFII: Extended Freight Downturn Will Likely Cap Upside Despite 2026 Recovery Hopes

TFI International's analyst price target has edged higher as modestly stronger long term freight cycle expectations and improving service metrics lead analysts to slightly lift revenue growth assumptions and valuation multiples, despite near term earnings pressure. Analyst Commentary Analyst sentiment around TFI International remains mixed, with modest upward revisions to some price targets offset by a series of cuts that reflect ongoing concern about near term earnings pressure and the timing of a freight cycle recovery.
ARGH
CA$0.41
Argo
7D
7.9%
1Y
256.5%
MTL
CA$16.19
Mullen Group
7D
2.9%
1Y
10.9%

Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.07

Dec 22
Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.07