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Canadian (TSX) Transportation Industry Analysis
UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies5
- 7D1.0%
- 3M17.4%
- 1Y1.3%
- YTD9.7%
The Transportation industry has been flat over the last week, but TFI International has lost 6.5%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 6.5% annually.
Industry Valuation and Performance
Has the Canadian Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Feb 2026 | CA$208.4b | CA$45.5b | CA$9.4b | 22x | 22.2x | 4.6x |
| Sat, 17 Jan 2026 | CA$190.0b | CA$45.5b | CA$9.4b | 19.9x | 20.2x | 4.2x |
| Mon, 15 Dec 2025 | CA$189.1b | CA$45.4b | CA$9.4b | 19.9x | 20.1x | 4.2x |
| Wed, 12 Nov 2025 | CA$182.2b | CA$45.6b | CA$9.4b | 19.5x | 19.3x | 4x |
| Fri, 10 Oct 2025 | CA$195.6b | CA$45.7b | CA$9.4b | 19.4x | 20.9x | 4.3x |
| Sun, 07 Sep 2025 | CA$193.3b | CA$45.6b | CA$9.4b | 20x | 20.7x | 4.2x |
| Tue, 05 Aug 2025 | CA$183.2b | CA$45.5b | CA$9.3b | 18.3x | 19.6x | 4x |
| Thu, 03 Jul 2025 | CA$201.4b | CA$45.6b | CA$9.0b | 20.4x | 22.4x | 4.4x |
| Sat, 31 May 2025 | CA$206.7b | CA$45.7b | CA$9.0b | 19.4x | 23x | 4.5x |
| Mon, 28 Apr 2025 | CA$188.8b | CA$45.4b | CA$8.8b | 18.2x | 21.4x | 4.2x |
| Wed, 26 Mar 2025 | CA$198.0b | CA$45.6b | CA$8.9b | 18.3x | 22.3x | 4.3x |
| Fri, 21 Feb 2025 | CA$211.9b | CA$45.5b | CA$8.9b | 20.5x | 23.9x | 4.7x |
| Sun, 19 Jan 2025 | CA$211.2b | CA$45.6b | CA$9.8b | 20.6x | 21.6x | 4.6x |
| Tue, 17 Dec 2024 | CA$211.6b | CA$45.4b | CA$9.8b | 22.2x | 21.7x | 4.7x |
| Thu, 14 Nov 2024 | CA$216.6b | CA$45.2b | CA$9.7b | 22.4x | 22.3x | 4.8x |
| Sat, 12 Oct 2024 | CA$220.7b | CA$44.3b | CA$9.7b | 21.6x | 22.8x | 5x |
| Mon, 09 Sep 2024 | CA$220.7b | CA$44.1b | CA$9.7b | 21.5x | 22.8x | 5x |
| Wed, 07 Aug 2024 | CA$218.6b | CA$44.3b | CA$9.7b | 22.1x | 22.6x | 4.9x |
| Fri, 05 Jul 2024 | CA$224.7b | CA$42.8b | CA$10.2b | 22.2x | 22.1x | 5.2x |
| Sun, 02 Jun 2024 | CA$228.1b | CA$42.8b | CA$10.2b | 23x | 22.4x | 5.3x |
| Tue, 30 Apr 2024 | CA$230.1b | CA$42.9b | CA$10.2b | 19.6x | 22.5x | 5.4x |
| Thu, 28 Mar 2024 | CA$245.9b | CA$41.6b | CA$10.4b | 20.3x | 23.7x | 5.9x |
| Sat, 24 Feb 2024 | CA$241.1b | CA$41.6b | CA$10.4b | 20.2x | 23.2x | 5.8x |
| Mon, 22 Jan 2024 | CA$223.6b | CA$40.3b | CA$10.0b | 21.1x | 22.4x | 5.6x |
| Wed, 20 Dec 2023 | CA$217.4b | CA$40.2b | CA$10.0b | 19.6x | 21.8x | 5.4x |
| Fri, 17 Nov 2023 | CA$208.5b | CA$40.5b | CA$10.0b | 18.8x | 20.9x | 5.1x |
| Sun, 15 Oct 2023 | CA$202.8b | CA$40.4b | CA$10.6b | 16.3x | 19.1x | 5x |
| Tue, 12 Sep 2023 | CA$212.2b | CA$40.3b | CA$10.6b | 17.8x | 20x | 5.3x |
| Thu, 10 Aug 2023 | CA$222.3b | CA$40.2b | CA$10.6b | 17.7x | 21x | 5.5x |
| Sat, 08 Jul 2023 | CA$212.6b | CA$40.3b | CA$10.4b | 12.2x | 20.5x | 5.3x |
| Mon, 05 Jun 2023 | CA$217.8b | CA$40.4b | CA$10.4b | 12.2x | 21x | 5.4x |
| Wed, 03 May 2023 | CA$220.0b | CA$40.6b | CA$10.4b | 15.7x | 21.2x | 5.4x |
| Fri, 31 Mar 2023 | CA$216.0b | CA$39.9b | CA$9.9b | 16.6x | 21.9x | 5.4x |
| Sun, 26 Feb 2023 | CA$217.0b | CA$40.0b | CA$9.9b | 16.7x | 22x | 5.4x |
Price to Earnings Ratio
22x
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 21.6x.
- The industry is trading close to its 3-year average PS ratio of 4.9x.
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 4.5% 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 Market | 0.084% | |
| Industrials | -1.24% | |
| Transportation | 0.97% | |
| Trucking | 2.63% | |
| Railroads | 1.58% | |
| Cargo Ground Transportation | -6.24% | |
Industry PE
- Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 19.2x.
- Analysts are expecting annual earnings growth of 5.1%, which is higher than its past year's earnings decline of 24.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Railroads industry, expecting annual earnings growth of 6.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 8.7% per year.
- In contrast, the Cargo Ground Transportation industry is expected to see its earnings grow by 5.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CNR Canadian National Railway | CA$147.75 | 2.5% +CA$2.2b | 1.4% | PE19.1x | |
| CP Canadian Pacific Kansas City | CA$114.73 | 0.8% +CA$834.9m | 3.0% | PE24.9x | |
| ARGH Argo | CA$0.39 | 2.6% +CA$2.6m | 151.6% | PS65.4x |