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Side-by-side financial comparison of CANADIAN PACIFIC KANSAS CITY LTD (CP) and Deckers Brands (DECK). Click either name above to swap in a different company.

CANADIAN PACIFIC KANSAS CITY LTD is the larger business by last-quarter revenue ($2.8B vs $2.0B, roughly 1.5× Deckers Brands). CANADIAN PACIFIC KANSAS CITY LTD runs the higher net margin — 27.7% vs 24.6%, a 3.1% gap on every dollar of revenue. On growth, Deckers Brands posted the faster year-over-year revenue change (7.1% vs 1.3%). Deckers Brands produced more free cash flow last quarter ($1.0B vs $537.3M). Over the past eight quarters, Deckers Brands's revenue compounded faster (42.8% CAGR vs 5.6%).

The Canadian National Railway Company is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States. It is one of Canada's two main freight rail companies, along with Canadian Pacific Kansas City.

Deckers Outdoor Corporation, doing business as Deckers Brands, is an American footwear designer and distributor founded in 1973 and based in Goleta, California. The company's portfolio of brands includes UGG, Teva, and Hoka. It was founded by Doug Otto and Karl F. Lopker.

CP vs DECK — Head-to-Head

Bigger by revenue
CP
CP
1.5× larger
CP
$2.8B
$2.0B
DECK
Growing faster (revenue YoY)
DECK
DECK
+5.8% gap
DECK
7.1%
1.3%
CP
Higher net margin
CP
CP
3.1% more per $
CP
27.7%
24.6%
DECK
More free cash flow
DECK
DECK
$483.0M more FCF
DECK
$1.0B
$537.3M
CP
Faster 2-yr revenue CAGR
DECK
DECK
Annualised
DECK
42.8%
5.6%
CP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CP
CP
DECK
DECK
Revenue
$2.8B
$2.0B
Net Profit
$786.2M
$481.1M
Gross Margin
59.8%
Operating Margin
41.4%
31.4%
Net Margin
27.7%
24.6%
Revenue YoY
1.3%
7.1%
Net Profit YoY
-10.3%
5.3%
EPS (diluted)
$3.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CP
CP
DECK
DECK
Q4 25
$2.8B
$2.0B
Q3 25
$2.7B
$1.4B
Q2 25
$2.7B
$964.5M
Q1 25
$2.8B
$1.0B
Q4 24
$2.8B
$1.8B
Q3 24
$2.6B
$1.3B
Q2 24
$2.6B
$825.3M
Q1 24
$2.5B
$959.8M
Net Profit
CP
CP
DECK
DECK
Q4 25
$786.2M
$481.1M
Q3 25
$671.6M
$268.2M
Q2 25
$900.8M
$139.2M
Q1 25
$664.3M
$151.4M
Q4 24
$876.7M
$456.7M
Q3 24
$611.0M
$242.3M
Q2 24
$660.6M
$115.6M
Q1 24
$565.8M
$127.5M
Gross Margin
CP
CP
DECK
DECK
Q4 25
59.8%
Q3 25
56.2%
Q2 25
55.8%
Q1 25
56.7%
Q4 24
60.3%
Q3 24
55.9%
Q2 24
56.9%
Q1 24
56.2%
Operating Margin
CP
CP
DECK
DECK
Q4 25
41.4%
31.4%
Q3 25
36.8%
22.8%
Q2 25
36.6%
17.1%
Q1 25
35.0%
17.0%
Q4 24
40.6%
31.0%
Q3 24
34.3%
23.3%
Q2 24
35.4%
16.1%
Q1 24
32.9%
15.0%
Net Margin
CP
CP
DECK
DECK
Q4 25
27.7%
24.6%
Q3 25
25.3%
18.7%
Q2 25
33.6%
14.4%
Q1 25
24.2%
14.8%
Q4 24
31.2%
25.0%
Q3 24
23.9%
18.5%
Q2 24
25.3%
14.0%
Q1 24
22.2%
13.3%
EPS (diluted)
CP
CP
DECK
DECK
Q4 25
$3.33
Q3 25
$1.82
Q2 25
$0.93
Q1 25
$-2.78
Q4 24
$3.00
Q3 24
$1.59
Q2 24
$4.52
Q1 24
$4.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CP
CP
DECK
DECK
Cash + ST InvestmentsLiquidity on hand
$134.3M
$2.1B
Total DebtLower is stronger
$14.6B
Stockholders' EquityBook value
$33.5B
$2.6B
Total Assets
$62.7B
$4.1B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CP
CP
DECK
DECK
Q4 25
$134.3M
$2.1B
Q3 25
$300.0M
$1.4B
Q2 25
$583.3M
$1.7B
Q1 25
$507.4M
$1.9B
Q4 24
$539.5M
$2.2B
Q3 24
$338.0M
$1.2B
Q2 24
$406.6M
$1.4B
Q1 24
$378.9M
$1.5B
Total Debt
CP
CP
DECK
DECK
Q4 25
$14.6B
Q3 25
$15.8B
Q2 25
$15.5B
Q1 25
$15.4B
Q4 24
$14.5B
Q3 24
$13.7B
Q2 24
$13.8B
Q1 24
$13.7B
Stockholders' Equity
CP
CP
DECK
DECK
Q4 25
$33.5B
$2.6B
Q3 25
$33.4B
$2.5B
Q2 25
$33.7B
$2.5B
Q1 25
$35.2B
$2.5B
Q4 24
$35.0B
$2.6B
Q3 24
$32.2B
$2.2B
Q2 24
$32.0B
$2.1B
Q1 24
$31.3B
$2.1B
Total Assets
CP
CP
DECK
DECK
Q4 25
$62.7B
$4.1B
Q3 25
$63.3B
$3.8B
Q2 25
$62.2B
$3.8B
Q1 25
$64.3B
$3.6B
Q4 24
$64.1B
$4.0B
Q3 24
$60.0B
$3.4B
Q2 24
$60.4B
$3.3B
Q1 24
$59.6B
$3.1B
Debt / Equity
CP
CP
DECK
DECK
Q4 25
0.43×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.44×
Q4 24
0.41×
Q3 24
0.42×
Q2 24
0.43×
Q1 24
0.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CP
CP
DECK
DECK
Operating Cash FlowLast quarter
$1.1B
$1.0B
Free Cash FlowOCF − Capex
$537.3M
$1.0B
FCF MarginFCF / Revenue
18.9%
52.1%
Capex IntensityCapex / Revenue
20.2%
1.1%
Cash ConversionOCF / Net Profit
1.42×
2.17×
TTM Free Cash FlowTrailing 4 quarters
$1.6B
$929.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CP
CP
DECK
DECK
Q4 25
$1.1B
$1.0B
Q3 25
$930.0M
$8.1M
Q2 25
$989.1M
$36.1M
Q1 25
$843.9M
$-73.0M
Q4 24
$1.2B
$1.1B
Q3 24
$928.6M
$-90.5M
Q2 24
$932.9M
$112.7M
Q1 24
$741.0M
$-28.7M
Free Cash Flow
CP
CP
DECK
DECK
Q4 25
$537.3M
$1.0B
Q3 25
$302.2M
$-13.9M
Q2 25
$446.8M
$12.2M
Q1 25
$324.9M
$-89.4M
Q4 24
$702.3M
$1.1B
Q3 24
$382.5M
$-113.4M
Q2 24
$343.1M
$90.1M
Q1 24
$356.2M
$-44.0M
FCF Margin
CP
CP
DECK
DECK
Q4 25
18.9%
52.1%
Q3 25
11.4%
-1.0%
Q2 25
16.7%
1.3%
Q1 25
11.8%
-8.8%
Q4 24
25.0%
58.6%
Q3 24
15.0%
-8.6%
Q2 24
13.1%
10.9%
Q1 24
14.0%
-4.6%
Capex Intensity
CP
CP
DECK
DECK
Q4 25
20.2%
1.1%
Q3 25
23.7%
1.5%
Q2 25
20.2%
2.5%
Q1 25
18.9%
1.6%
Q4 24
19.3%
1.3%
Q3 24
21.4%
1.7%
Q2 24
22.6%
2.7%
Q1 24
15.1%
1.6%
Cash Conversion
CP
CP
DECK
DECK
Q4 25
1.42×
2.17×
Q3 25
1.38×
0.03×
Q2 25
1.10×
0.26×
Q1 25
1.27×
-0.48×
Q4 24
1.42×
2.40×
Q3 24
1.52×
-0.37×
Q2 24
1.41×
0.97×
Q1 24
1.31×
-0.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CP
CP

Segment breakdown not available.

DECK
DECK

UGG Brand Segment$1.3B67%
Hoka Brand Segment$628.9M32%
Other Brands Segment$23.2M1%

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