“The company's own return on invested capital, which it calls adjusted ROIC, fell about 8% in 2021 and then 7% in 2022. And then for 2025, the number is just 6.9%.”

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP860: Canadian Pacific Kansas City Limited (CP.TO): Irreplaceable Moat, Unproven Compounding w/ Kyle Grieve & Shawn O'Malley

Play from 45:57
45:57

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What was described

see adjusted ROIC fall after KCS deal

down 8% in 2021, 7% in 2022, 6.9% in 2025

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