Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Transportation Industry Analysis

UpdatedJul 14, 2026
DataAggregated Company Financials
Companies5
  • 7D3.3%
  • 3M15.3%
  • 1Y23.0%
  • YTD28.7%

In the last week, the Transportation industry is up 3.3%, with Canadian Pacific Kansas City up 3.4%. This means that the industry has gained 23% over the past year. Looking forward, earnings are forecast to grow by 8.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Jul 2026CA$239.8bCA$45.6bCA$9.3b26x25.8x5.3x
Thu, 11 Jun 2026CA$234.3bCA$45.4bCA$9.3b25.1x25.3x5.2x
Sat, 09 May 2026CA$212.7bCA$45.2bCA$9.3b23.6x22.9x4.7x
Mon, 06 Apr 2026CA$201.6bCA$45.5bCA$9.4b21.3x21.5x4.4x
Wed, 04 Mar 2026CA$219.3bCA$45.3bCA$9.4b22.8x23.4x4.8x
Fri, 30 Jan 2026CA$183.3bCA$45.2bCA$9.3b20.2x19.7x4.1x
Sun, 28 Dec 2025CA$188.3bCA$45.3bCA$9.4b19.8x20x4.2x
Tue, 25 Nov 2025CA$180.8bCA$45.7bCA$9.4b19x19.2x4x
Thu, 23 Oct 2025CA$193.0bCA$45.7bCA$9.4b19.7x20.6x4.2x
Sat, 20 Sep 2025CA$188.3bCA$45.5bCA$9.4b19.3x20.1x4.1x
Mon, 18 Aug 2025CA$186.3bCA$45.5bCA$9.3b19x19.9x4.1x
Wed, 16 Jul 2025CA$204.6bCA$45.7bCA$9.0b19.5x22.8x4.5x
Fri, 13 Jun 2025CA$204.1bCA$45.6bCA$9.0b20x22.7x4.5x
Sun, 11 May 2025CA$193.8bCA$45.9bCA$9.0b18.7x21.6x4.2x
Tue, 08 Apr 2025CA$190.0bCA$45.5bCA$8.9b17.2x21.4x4.2x
Thu, 06 Mar 2025CA$200.0bCA$45.6bCA$8.9b18.5x22.5x4.4x
Sat, 01 Feb 2025CA$221.7bCA$45.6bCA$9.0b22.6x24.7x4.9x
Mon, 30 Dec 2024CA$208.2bCA$45.5bCA$9.8b20.9x21.3x4.6x
Wed, 27 Nov 2024CA$218.0bCA$45.3bCA$9.7b22.4x22.4x4.8x
Fri, 25 Oct 2024CA$216.4bCA$45.1bCA$9.7b21x22.3x4.8x
Sun, 22 Sep 2024CA$226.7bCA$44.1bCA$9.7b22.1x23.4x5.1x
Tue, 20 Aug 2024CA$216.5bCA$44.2bCA$9.7b22.1x22.4x4.9x
Thu, 18 Jul 2024CA$233.9bCA$42.9bCA$10.2b23.1x23x5.5x
Sat, 15 Jun 2024CA$220.9bCA$42.9bCA$10.2b21.6x21.7x5.2x
Mon, 13 May 2024CA$233.7bCA$42.9bCA$10.2b24x22.9x5.5x
Wed, 10 Apr 2024CA$245.2bCA$41.6bCA$10.4b20.2x23.6x5.9x
Fri, 08 Mar 2024CA$242.7bCA$41.5bCA$10.4b19.8x23.4x5.8x
Sun, 04 Feb 2024CA$230.2bCA$41.5bCA$10.4b19.4x22.1x5.5x
Tue, 02 Jan 2024CA$221.8bCA$40.1bCA$10.0b21.9x22.3x5.5x
Thu, 30 Nov 2023CA$202.7bCA$40.4bCA$10.0b18.9x20.3x5x
Sat, 28 Oct 2023CA$197.6bCA$40.6bCA$10.0b17.5x19.8x4.9x
Mon, 25 Sep 2023CA$209.4bCA$40.3bCA$10.6b17.6x19.8x5.2x
Wed, 23 Aug 2023CA$214.9bCA$40.3bCA$10.6b17.4x20.3x5.3x
Fri, 21 Jul 2023CA$216.3bCA$40.2bCA$10.4b13.5x20.9x5.4x
Price to Earnings Ratio

20.9x


Total Market Cap: CA$216.3bTotal Earnings: CA$10.4bTotal Revenue: CA$40.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Transportation Industry Price to Earnings3Y Average 21.8x202420252026
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 25.8x which is higher than its 3-year average PE of 21.8x.
  • 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 3.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.3% 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 Market-0.069%
Industrials0.81%
Transportation3.29%
Cargo Ground Transportation5.07%
Railroads3.14%
Trucking-1.92%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 21.8x.
    • Analysts are expecting annual earnings growth of 27.1%, 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
CP Canadian Pacific Kansas CityCA$129.343.4%
+CA$3.8b		16.3%PE28.2x
CNR Canadian National RailwayCA$177.532.8%
+CA$3.0b		24.7%PE22.9x
TFII TFI InternationalCA$209.234.5%
+CA$741.3m		69.8%PE40.8x
MTL Mullen GroupCA$23.479.7%
+CA$198.8m		67.2%PE23.9x

Latest News

CP
CA$129.34
Canadian Pacific Kansas City
7D
3.4%
1Y
16.3%
Narrative Update • Jul 10

CP: Record Grain Flows And Merger Synergies Will Shape Balanced Rail Outlook

Analysts have revised their fair value estimate for Canadian Pacific Kansas City to CA$131.37 from CA$127.84, citing updated assumptions for revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News for Canadian Pacific Kansas City Canadian Pacific Kansas City reported record grain transportation volumes in June 2026, moving 2.8 million metric tonnes of Canadian grain and grain products and 2.5 million metric tonnes in the U.S., with these figures contributing to record second quarter 2026 tonnage and carloads across its North American network.
CNR
CA$177.53
Canadian National Railway
7D
2.8%
1Y
24.7%
Narrative Update • Jul 08

CNR: Resource Corridors Recycling Projects And Buybacks Will Support Future Earnings

Analysts have modestly raised their fair value estimate for Canadian National Railway, lifting the implied price target from about CA$162.11 to roughly CA$167.37. They attribute this change to a slightly lower discount rate, a marginally higher profit margin assumption, and an updated future P/E outlook.
TFII
CA$209.23
TFI International
7D
4.5%
1Y
69.8%
Narrative Update • Jul 07

TFII: Freight Recovery And Margin Resilience Will Shape Balanced Early Cycle Outlook

Analysts have raised their implied fair value estimate for TFI International from about CA$161 to roughly CA$217. This change reflects higher assumptions for revenue growth and profit margins, along with recent price target increases from CA$15 to CA$46 across several research firms.
MTL
CA$23.47
Mullen Group
7D
9.7%
1Y
67.2%
ARGH
CA$0.26
Argo
7D
-1.9%
1Y
-57.5%