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Canadian (TSX) Transportation Industry Analysis

UpdatedJun 30, 2026
DataAggregated Company Financials
Companies5
  • 7D3.2%
  • 3M17.1%
  • 1Y19.9%
  • YTD23.5%

Over the last 7 days, the Transportation industry has risen 3.2%, driven by gains from Canadian National Railway of 5.7%. This means that the industry has gained 20% over the past year. As for the next few years, earnings are expected to grow by 8.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Jun 2026CA$233.3bCA$45.6bCA$9.3b24.5x25.1x5.1x
Thu, 28 May 2026CA$226.1bCA$45.3bCA$9.3b24.8x24.3x5x
Sat, 25 Apr 2026CA$218.9bCA$45.3bCA$9.4b23x23.3x4.8x
Mon, 23 Mar 2026CA$192.2bCA$45.3bCA$9.4b20.4x20.5x4.2x
Wed, 18 Feb 2026CA$207.1bCA$45.5bCA$9.4b22x22.1x4.6x
Fri, 16 Jan 2026CA$188.0bCA$45.5bCA$9.4b19.8x19.9x4.1x
Sun, 14 Dec 2025CA$189.1bCA$45.4bCA$9.4b19.9x20.1x4.2x
Tue, 11 Nov 2025CA$183.0bCA$45.6bCA$9.4b19.3x19.4x4x
Thu, 09 Oct 2025CA$195.7bCA$45.7bCA$9.4b19.7x20.9x4.3x
Sat, 06 Sep 2025CA$193.3bCA$45.6bCA$9.4b20x20.7x4.2x
Mon, 04 Aug 2025CA$183.2bCA$45.5bCA$9.3b18.3x19.6x4x
Wed, 02 Jul 2025CA$200.6bCA$45.6bCA$9.0b19.7x22.3x4.4x
Fri, 30 May 2025CA$206.4bCA$45.8bCA$9.0b19.5x23x4.5x
Sun, 27 Apr 2025CA$188.8bCA$45.4bCA$8.8b18.2x21.4x4.2x
Tue, 25 Mar 2025CA$194.2bCA$45.6bCA$8.9b18.4x21.9x4.3x
Thu, 20 Feb 2025CA$209.6bCA$45.3bCA$8.9b21.8x23.4x4.6x
Sat, 18 Jan 2025CA$210.3bCA$45.6bCA$9.8b20.6x21.5x4.6x
Mon, 16 Dec 2024CA$211.6bCA$45.4bCA$9.8b22.3x21.7x4.7x
Wed, 13 Nov 2024CA$217.2bCA$45.2bCA$9.7b22.2x22.3x4.8x
Fri, 11 Oct 2024CA$218.4bCA$44.3bCA$9.7b21.1x22.5x4.9x
Sun, 08 Sep 2024CA$220.7bCA$44.1bCA$9.7b21.5x22.8x5x
Tue, 06 Aug 2024CA$218.6bCA$44.3bCA$9.7b22.1x22.6x4.9x
Thu, 04 Jul 2024CA$220.5bCA$42.8bCA$10.2b22x21.7x5.2x
Sat, 01 Jun 2024CA$223.5bCA$42.8bCA$10.2b23x21.9x5.2x
Mon, 29 Apr 2024CA$230.1bCA$42.9bCA$10.2b19.8x22.5x5.4x
Wed, 27 Mar 2024CA$243.2bCA$41.6bCA$10.4b20.1x23.4x5.8x
Fri, 23 Feb 2024CA$237.0bCA$41.6bCA$10.4b20.2x22.8x5.7x
Sun, 21 Jan 2024CA$223.7bCA$40.3bCA$10.0b21.1x22.4x5.6x
Tue, 19 Dec 2023CA$213.3bCA$40.2bCA$10.0b18.9x21.4x5.3x
Thu, 16 Nov 2023CA$207.0bCA$40.5bCA$10.0b19x20.7x5.1x
Sat, 14 Oct 2023CA$202.8bCA$40.4bCA$10.6b16.3x19.1x5x
Mon, 11 Sep 2023CA$210.3bCA$40.4bCA$10.6b17.7x19.9x5.2x
Wed, 09 Aug 2023CA$221.0bCA$40.2bCA$10.6b17.8x20.9x5.5x
Fri, 07 Jul 2023CA$215.8bCA$40.4bCA$10.4b12.1x20.8x5.3x
Price to Earnings Ratio

20.8x


Total Market Cap: CA$215.8bTotal Earnings: CA$10.4bTotal Revenue: CA$40.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Transportation Industry Price to Earnings3Y Average 21.8x202420252026
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 25.1x 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 4.2% 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-1.02%
Industrials1.99%
Transportation3.25%
Railroads3.67%
Cargo Ground Transportation-1.30%
Trucking-5.36%
Industry PE
  • Investors are most optimistic about the Cargo Ground Transportation industry which is trading above its 3-year average PE ratio of 21.5x.
    • Analysts are expecting annual earnings growth of 26.4%, 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 26% 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$170.835.7%
+CA$5.6b		20.4%PE22.1x
CP Canadian Pacific Kansas CityCA$123.471.8%
+CA$2.0b		14.1%PE26.9x

Latest News

TFII
CA$205.07
TFI International
7D
-1.3%
1Y
67.8%
CNR
CA$170.83
Canadian National Railway
7D
5.7%
1Y
20.4%
CP
CA$123.47
Canadian Pacific Kansas City
7D
1.8%
1Y
14.1%
Narrative Update • Jun 26

CP: Freight Momentum And Labour Risks Will Shape Multi Year Rail Outlook

Analysts have raised their price target for Canadian Pacific Kansas City to about CA$127.84 from CA$121.55, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E levels. What's in the News for Canadian Pacific Kansas City Canadian Pacific Kansas City is included in a list of 10 Canadian dividend stocks highlighted for multi year holding, with Barclays lifting its price recommendation on the US listed stock to US$102 from US$99 and keeping an Overweight rating, citing freight demand and transportation capacity trends (source: recent dividend stock review, Barclays).
MTL
CA$21.46
Mullen Group
7D
-0.9%
1Y
51.2%
ARGH
CA$0.27
Argo
7D
-5.4%
1Y
-54.3%