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Canadian (TSX) Transportation Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies5
  • 7D0.9%
  • 3M14.7%
  • 1Y17.0%
  • YTD23.2%

In the last week, Transportation has been flat. As for the the longer term, the industry is up 17% over the past 12 months. As for the next few years, earnings are expected to grow by 8.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Jun 2026CA$231.1bCA$45.4bCA$9.3b25x24.9x5.1x
Mon, 04 May 2026CA$214.4bCA$45.1bCA$9.3b23.2x23.1x4.7x
Wed, 01 Apr 2026CA$196.9bCA$45.5bCA$9.4b21.1x21x4.3x
Fri, 27 Feb 2026CA$211.0bCA$45.3bCA$9.4b22.7x22.5x4.7x
Sun, 25 Jan 2026CA$188.1bCA$45.4bCA$9.4b19.7x20x4.1x
Tue, 23 Dec 2025CA$189.0bCA$45.4bCA$9.4b19.8x20.1x4.2x
Thu, 20 Nov 2025CA$179.2bCA$45.6bCA$9.4b19.1x19x3.9x
Sat, 18 Oct 2025CA$192.7bCA$45.7bCA$9.4b19.8x20.6x4.2x
Mon, 15 Sep 2025CA$188.2bCA$45.6bCA$9.4b19.4x20.1x4.1x
Wed, 13 Aug 2025CA$185.4bCA$45.5bCA$9.3b18.9x19.9x4.1x
Fri, 11 Jul 2025CA$205.9bCA$45.6bCA$9.0b20.2x22.9x4.5x
Sun, 08 Jun 2025CA$206.1bCA$45.7bCA$9.0b19.6x23x4.5x
Tue, 06 May 2025CA$194.9bCA$45.8bCA$9.0b18.4x21.7x4.3x
Thu, 03 Apr 2025CA$193.9bCA$45.6bCA$8.9b18.2x21.8x4.3x
Sat, 01 Mar 2025CA$205.6bCA$45.7bCA$8.9b19.4x23.1x4.5x
Mon, 27 Jan 2025CA$219.8bCA$45.5bCA$9.8b21x22.5x4.8x
Wed, 25 Dec 2024CA$210.2bCA$45.5bCA$9.8b21.3x21.5x4.6x
Fri, 22 Nov 2024CA$208.4bCA$45.2bCA$9.7b22.2x21.4x4.6x
Sun, 20 Oct 2024CA$219.3bCA$44.3bCA$9.7b21.3x22.6x5x
Tue, 17 Sep 2024CA$228.9bCA$44.1bCA$9.7b22.3x23.6x5.2x
Thu, 15 Aug 2024CA$213.2bCA$44.2bCA$9.7b21.8x22x4.8x
Sat, 13 Jul 2024CA$227.3bCA$42.8bCA$10.2b22.4x22.4x5.3x
Mon, 10 Jun 2024CA$225.1bCA$42.9bCA$10.2b22.1x22.1x5.2x
Wed, 08 May 2024CA$230.2bCA$42.9bCA$10.2b19.9x22.5x5.4x
Fri, 05 Apr 2024CA$243.2bCA$41.6bCA$10.4b19.9x23.4x5.8x
Sun, 03 Mar 2024CA$240.6bCA$41.6bCA$10.4b20.1x23.2x5.8x
Tue, 30 Jan 2024CA$222.3bCA$40.2bCA$10.7b19x20.8x5.5x
Thu, 28 Dec 2023CA$222.2bCA$40.1bCA$10.0b21.8x22.3x5.5x
Sat, 25 Nov 2023CA$208.3bCA$40.4bCA$10.0b18.9x20.9x5.2x
Mon, 23 Oct 2023CA$201.1bCA$40.4bCA$10.6b15.9x19x5x
Wed, 20 Sep 2023CA$214.3bCA$40.2bCA$10.6b17.7x20.2x5.3x
Fri, 18 Aug 2023CA$216.4bCA$40.3bCA$10.6b17.5x20.4x5.4x
Sun, 16 Jul 2023CA$216.1bCA$40.3bCA$10.4b11.9x20.8x5.4x
Tue, 13 Jun 2023CA$209.8bCA$40.4bCA$10.4b11.5x20.2x5.2x
Price to Earnings Ratio

20.2x


Total Market Cap: CA$209.8bTotal Earnings: CA$10.4bTotal Revenue: CA$40.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Transportation Industry Price to Earnings3Y Average 21.7x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Transportation industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.9x which is higher than its 3-year average PE of 21.7x.
  • The industry is trading close to its 3-year average PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Transportation industry have declined 3.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.0% 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, which has decreased profits.

Industry Trends

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

CA Market1.83%
Industrials0.52%
Transportation0.91%
Cargo Ground Transportation5.63%
Railroads0.48%
Trucking-4.84%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 20.9x.
    • Analysts are expecting annual earnings growth of 26.5%, which is higher than its past year's earnings decline of 17.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Railroads industry is expected to see its earnings grow by 6.8% 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$167.942.9%
+CA$2.8b		16.8%PE21.7x
CP Canadian Pacific Kansas CityCA$125.391.9%
+CA$2.0b		11.8%PE27.3x
TFII TFI InternationalCA$222.374.6%
+CA$796.4m		85.2%PE44x
MTL Mullen GroupCA$22.663.9%
+CA$82.6m		62.7%PE23x

Latest News

CNR
CA$166.20
Canadian National Railway
7D
1.5%
1Y
15.2%
Narrative Update • Jun 04

CNR: Resource Corridors And Capital Discipline Will Support Future Earnings Compounding

Analysts have nudged the fair value estimate for Canadian National Railway slightly higher to CA$160.21, reflecting modest adjustments to discount rate assumptions, profitability expectations and the future P/E used in their updated price target work. Analyst Commentary Recent commentary around the CA$160.21 fair value estimate for Canadian National Railway has focused on how the stock balances long term earnings potential with execution demands and valuation discipline.
ARGH
CA$0.29
Argo
7D
-4.8%
1Y
-45.4%
TFII
CA$223.00
TFI International
7D
5.9%
1Y
88.3%
CP
CA$124.37
Canadian Pacific Kansas City
7D
-0.4%
1Y
11.1%
MTL
CA$22.57
Mullen Group
7D
3.1%
1Y
61.4%