CP vs. MCO

Last updated Apr 1, 2026

Compare and contrast key facts about Canadian Pacific Railway Limited (CP) and Moody's Corporation (MCO).

Performance

CP vs. MCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canadian Pacific Railway Limited (CP) and Moody's Corporation (MCO). The values are adjusted to include any dividend payments, if applicable.

CP vs. MCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CP Canadian Pacific Railway Limited	7.05%	2.60%	-7.84%	6.85%	4.71%	4.64%	37.33%	45.04%	-1.81%	29.32%
MCO Moody's Corporation	-14.42%	8.74%	22.17%	41.52%	-27.80%	35.57%	23.26%	71.26%	-4.10%	58.53%

Fundamentals

Market Cap CP : $70.67B MCO : $77.96B
EPS CP : $4.54 MCO : $13.68
PE Ratio CP : 17.31 MCO : 31.90
PEG Ratio CP : 5.63 MCO : 4.16
PS Ratio CP : 4.76 MCO : 10.16
PB Ratio CP : 1.51 MCO : 19.23
Total Revenue (TTM) CP : $15.08B MCO : $7.72B
Gross Profit (TTM) CP : $9.38B MCO : $5.75B
EBITDA (TTM) CP : $8.38B MCO : $3.39B

Returns By Period

In the year-to-date period, CP achieves a 7.05% return, which is significantly higher than MCO's -14.42% return. Over the past 10 years, CP has underperformed MCO with an annualized return of 12.58%, while MCO has yielded a comparatively higher 17.32% annualized return.

CP

• 1D: 1.47%
• 1M: -10.01%
• YTD: 7.05%
• 6M: 6.06%
• 1Y: 13.01%
• 3Y*: 1.53%
• 5Y*: 1.25%
• 10Y*: 12.58%

MCO

• 1D: 0.97%
• 1M: -8.46%
• YTD: -14.42%
• 6M: -8.06%
• 1Y: -5.58%
• 3Y*: 13.47%
• 5Y*: 8.29%
• 10Y*: 17.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CP vs. MCO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CP

CP Risk / Return Rank: 59
CP Sharpe Ratio Rank: 62
CP Sortino Ratio Rank: 57
CP Omega Ratio Rank: 53
CP Calmar Ratio Rank: 62
CP Martin Ratio Rank: 59

MCO

MCO Risk / Return Rank: 33
MCO Sharpe Ratio Rank: 34
MCO Sortino Ratio Rank: 29
MCO Omega Ratio Rank: 29
MCO Calmar Ratio Rank: 37
MCO Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CP vs. MCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Pacific Railway Limited (CP) and Moody's Corporation (MCO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CP	MCO	Difference
Sharpe ratio Return per unit of total volatility	0.55	-0.19	+0.73
Sortino ratio Return per unit of downside risk	1.04	-0.05	+1.09
Omega ratio Gain probability vs. loss probability	1.12	0.99	+0.12
Calmar ratio Return relative to maximum drawdown	0.88	-0.20	+1.08
Martin ratio Return relative to average drawdown	1.76	-0.55	+2.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CP vs. MCO - Sharpe Ratio Comparison

The current CP Sharpe Ratio is 0.55, which is higher than the MCO Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of CP and MCO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CP	MCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	-0.19	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.32	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.63	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.48	-0.15

Correlation

The correlation between CP and MCO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CP vs. MCO - Dividend Comparison

CP's dividend yield for the trailing twelve months is around 0.84%, less than MCO's 0.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CP Canadian Pacific Railway Limited	0.84%	0.86%	0.76%	0.78%	0.96%	0.84%	0.76%	0.93%	1.07%	0.92%	0.98%	0.98%
MCO Moody's Corporation	0.88%	0.74%	0.72%	0.79%	1.26%	0.63%	0.77%	0.84%	1.26%	1.03%	1.57%	1.36%

Drawdowns

CP vs. MCO - Drawdown Comparison

The maximum CP drawdown since its inception was -69.17%, smaller than the maximum MCO drawdown of -78.72%. Use the drawdown chart below to compare losses from any high point for CP and MCO.

Drawdown Indicators

	CP	MCO	Difference
Max Drawdown Largest peak-to-trough decline	-69.17%	-78.72%	+9.55%
Max Drawdown (1Y) Largest decline over 1 year	-16.23%	-23.61%	+7.38%
Max Drawdown (5Y) Largest decline over 5 years	-25.88%	-41.66%	+15.78%
Max Drawdown (10Y) Largest decline over 10 years	-33.70%	-42.02%	+8.32%
Current Drawdown Current decline from peak	-12.42%	-18.98%	+6.56%
Average Drawdown Average peak-to-trough decline	-20.36%	-17.74%	-2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.15%	8.50%	-0.35%

Volatility

CP vs. MCO - Volatility Comparison

The current volatility for Canadian Pacific Railway Limited (CP) is 5.78%, while Moody's Corporation (MCO) has a volatility of 7.59%. This indicates that CP experiences smaller price fluctuations and is considered to be less risky than MCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CP	MCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.78%	7.59%	-1.81%
Volatility (6M) Calculated over the trailing 6-month period	16.21%	21.23%	-5.02%
Volatility (1Y) Calculated over the trailing 1-year period	23.97%	30.26%	-6.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.31%	26.15%	-1.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.63%	27.79%	-2.16%

Financials

CP vs. MCO - Profitability Comparison

The chart below illustrates the profitability comparison between Canadian Pacific Railway Limited and Moody's Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Canadian Pacific Railway Limited reported a gross profit of 2.96B and revenue of 3.92B. Therefore, the gross margin over that period was 75.5%.

MCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Moody's Corporation reported a gross profit of 1.75B and revenue of 1.89B. Therefore, the gross margin over that period was 92.5%.

CP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Canadian Pacific Railway Limited reported an operating income of 1.61B and revenue of 3.92B, resulting in an operating margin of 41.1%.

MCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Moody's Corporation reported an operating income of 709.00M and revenue of 1.89B, resulting in an operating margin of 37.5%.

CP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Canadian Pacific Railway Limited reported a net income of 1.08B and revenue of 3.92B, resulting in a net margin of 27.5%.

MCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Moody's Corporation reported a net income of 610.00M and revenue of 1.89B, resulting in a net margin of 32.3%.