Canadian National Railway Co (CNI)

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, customs brokerage, transloading and warehousing, business development, dimensional loads, and private railcar storage, less-than-truckload, and mexico services; intermodal services, such as temperature controlled multimodal, mobile transport trays, port partnerships, transloading and distribution, logistics parks, trucking, and supply chain services. It also offers connecting to rail, short lines, maps and network services. The company serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.

Symbol
CNI
Exchange
NYSE
Sector
Industrials
Industry
Railroads
52 week range
90.74 - 131.55

Valuation

Share price
$119.49 (close of 2026-09-23)
P/E (TTM)
85.32x
Price to book
13.86x
Price to free cash flow
117.13x

Price performance

PeriodChange
1 day+1.68%
5 days-1.87%
1 month-7.97%
3 months+3.99%
6 months+18.67%
Year to date+20.88%
1 year+29.56%
3 years+8.50%
5 years+2.72%
10 years+86.38%
All time+3622.43%

Profitability and growth

Return on equity
0.00%
Return on invested capital
23.31%
Return on assets
0.00%
Gross margin
38.07%
Net margin
27.28%
EBITDA margin
49.27%
Revenue growth
1.51%
Net income growth
6.12%
Free cash flow growth
7.65%

Cash flow and balance sheet

Free cash flow yield (TTM)
0.85%
Current ratio
1.16x
Net debt to EBITDA
-0.08x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Shares outstanding
623.10M

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3138.07%27.28%0.00%23.31%
2024-12-3136.65%26.09%0.00%22.66%
2023-12-3139.20%33.43%0.00%30.36%
2022-12-3139.98%29.92%0.00%32.68%
2020-12-3134.57%25.78%0.00%-
2019-12-3137.49%28.26%0.00%-
2018-12-3138.36%30.22%0.00%-
2017-12-3140.20%42.05%0.00%-
2016-12-3141.80%30.24%0.00%-
2015-12-3141.76%28.05%0.00%-

Investor relations

Next earnings report

Next confirmed report
2026-10-30

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-24Jun/2026-
2026-04-29--
2026-01-30--
2025-10-31--
2025-07-22--
2025-07-21--
2025-05-01--
2025-04-21--

Filings and sources

Company website
cn.ca
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

Union Pacific Corp (UNP) · CSX Corp (CSX) · Norfolk Southern Corp (NSC) · Westinghouse Air Brake Technologies Corp (WAB) · General Electric Co (GE) · RTX Corp (RTX) · Boeing Co (BA) · Lockheed Martin Corp (LMT)

All Industrials companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades