Standings, 1926-27 season
A win is worth 2 points. A tie (T) is worth 1.
American Division
| # | Team | GP | W | L | T | Points | Goals for | Goals against | Diff |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  New York Rangers y |
44 | 25 | 13 | 6 | 56 | 95 | 72 | +23 |
| 2 |  Boston Bruins x |
44 | 21 | 20 | 3 | 45 | 97 | 89 | +8 |
| 3 |  Chicago Blackhawks x |
44 | 19 | 22 | 3 | 41 | 115 | 116 | -1 |
| 4 |  Pittsburgh Pirates e |
44 | 15 | 26 | 3 | 33 | 79 | 108 | -29 |
| 5 |  Detroit Cougars e |
44 | 12 | 28 | 4 | 28 | 76 | 105 | -29 |
Canadian Division
| # | Team | GP | W | L | T | Points | Goals for | Goals against | Diff |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  Ottawa Senators (1917)  y |
44 | 30 | 10 | 4 | 64 | 86 | 69 | +17 |
| 2 |  Montréal Canadiens x |
44 | 28 | 14 | 2 | 58 | 99 | 67 | +32 |
| 3 |  Montreal Maroons x |
44 | 20 | 20 | 4 | 44 | 71 | 68 | +3 |
| 4 |  New York Americans e |
44 | 17 | 25 | 2 | 36 | 82 | 91 | -9 |
| 5 |  Toronto St. Patricks e |
44 | 15 | 24 | 5 | 35 | 79 | 94 | -15 |
x Clinched Playoff spot
y Clinched Division
p Presidents' Trophy
z Clinched Conference
e Eliminated from Playoff contention
Stanley Cup champions